Understanding funds - beginner questions

ColdIron

schiff wrote: »

You are being very helpful TY. I suppose that means that an ISIS number is for one or more versions of the same fund then.

It's getting clearer!

Funds usually come in Acc and Inc classes and sometimes with subfunds that denote different charging structures, the A B, Z bit or in this case I. The ISIN will uniquely identify which one. To be honest I don't use the ISIN much for general research, some sites such as HL don't honour it particularly well. There may be a general retail class with one ISIN available on many platforms but a special discounted version at HL with another. Search for the general one at HL and you won't find it. If you take care with the naming of the short description (e.g. the Income bit of Merian UK Equity Income R Inc GBP) it's usually good enough to get within touching distance of what you want. Perhaps it's a familiarity thing, it becomes more obvious the more you do it

eskbanker

schiff wrote: »

an ISIS number

:eek:

Don't think that would have made a very good investment, dwindling away to the square root of not very much over the past few years....

schiff

eskbanker wrote: »

:eek:

Don't think that would have made a very good investment, dwindling away to the square root of not very much over the past few years....

Let's hope my misnomer didn't come to the notice of GCHQ! I've locked my front door.

schiff

ColdIron wrote: »

Funds usually come in Acc and Inc classes and sometimes with subfunds that denote different charging structures, the A B, Z bit or in this case I. The ISIN will uniquely identify which one. To be honest I don't use the ISIN much for general research, some sites such as HL don't honour it particularly well. There may be a general retail class with one ISIN available on many platforms but a special discounted version at HL with another. Search for the general one at HL and you won't find it. If you take care with the naming of the short description (e.g. the Income bit of Merian UK Equity Income R Inc GBP) it's usually good enough to get within touching distance of what you want. Perhaps it's a familiarity thing, it becomes more obvious the more you do it

I've learned lot in the last hour or so - thanks to you and others. Typical MSE I'm glad to say. I tried a different approach with HL, instead of typing in the full ISIN, I started to type in its name and as soon as something akin appeared I clicked on to it.

Another advantage I find with HL is the list of recent funds I've looked at. Not an HL client though.