J.P.Morgan > H Lansdown

ColdIron

The A class looks like one of the old 'dirty' classes with a high OCF. The C class is the clean class with lower charges (although they still look high for what they are) and you would be better with these

AndyPK

Humm, Maybe I will let HL take it over and make the money work.

It seams to be an area of financial matters I'm not very good at.

AndyPK

2021 UPDATE

Hi. So I went with HL.  Part of the deal was they would waive the paper fee for the first year (£20/year) IIRC.
Anyway fee's build up on the account. I don't know if these are paper fee's or admin fee's ?  or both ? 
When they get over £50 I either have to pay them or sell part of the investment
I've been paying them but this seams both expensive and high admin having to login into the account and pay them.  Can I automate it? 
I've now selected paperless. Hopefully the fee (or frequency rather!) will drop.
Can I automate the fee's ? 

Any info welcome

dunstonh

I've been paying them but this seams both expensive and high admin having to login into the account and pay them.  Can I automate it? 

Your old investment was a commission share class.  So, within the OCF, there was a distributor commission and an adviser commission factored in.  If you did not use a distributor or an adviser and went to fund house the charge was the same to you but the fund house keep the commissions for themselves.   

Post 2013 investments have no commissions.   So, everything is fee based.   This has reduced the fund charges and allows you to shop around for the adviser (if one used) and the distributor (the platform in this case).  That  does mean having cash available to pay the charges otherwise they will sell units to cover the cost.

I've now selected paperless. Hopefully the fee (or frequency rather!) will drop.

Not having to pay a paper fee would help reduce your charges.

Can I automate the fee's ? 

Yes.   Put some money into the cash float within the platform and it will draw against the cash float and top it up periodically.

quirkydeptless

AndyPK said:

 Can I automate it? 

I set up a monthly standing order into my HL Fun and Share account to cover fees and then set the fees to be taken from there.

AndyPK

AndyPK said:

AnotherJoe wrote: »

What are the investments in it? How much are they worth?

JPM Global Unconstrained equity fund A accumulation
JPM UK Equity Growth Fund A Accumulation


Says Stocks and Shares ISA

I see they are going to covert these from C class to A class in September. 
I think I got that the correct way round! 

Anyone in the same situation ?  or  have any comments ? 
Thanks

masonic

Are these funds (once converted) still the best option for you to be holding in 2022? If you had to start over, would you buy them again?