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Difference between Blackrock funds

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  • My mistake I was looking at consensus 85 at 0.22%. Just one last point of clarification and then I promise not to take any more of your time. You have been a great help. You said a few posts ago that to hold blackrock on the hl platform the annual charge would be 0.56% ( made up of 0.45 platform fee and 0.11 fund fee) So on a £10,000 investment I would physically pay £45 per year whether that be deduction from my debit card or fund account and the remaining £11 would be sorted out within the fund(so I won't see this deduction- similar to the orbis investment accounts where you don't see any of the fees being deducted)
    Thanks
  • Alexland
    Alexland Posts: 10,561 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Yes on HL you would only need to keep enough cash to pay the 0.45% circa £4 per month on a £10k investment until you can next contribute. I tend to hold a bit more to cover growth or delay in making my next contribution. Still if you get it wrong and find the cash starts running low then you could always sell some fund units without fee on HL.

    Although I really think you might be better on YouInvest.

    Alex
  • I think so too. I will look into YouInvest. Very many thanks for your contribution to this thread its very much appreciated. Have a good day.
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