Which fund and am I on the right track? (Newbie!)

green_man

No one has a crystal ball but generally it is accepted that the longer you are in the market the better, so in most circumstances better to put it all in now rather than drip feed. Of course if there is a big crash in next 12 months it would have been better drip feeding, but no one knows that.

Also if using H&L then as stated above use the ETF to reduce fees, or else use a different SIPP provider and use the Vangard fund.

If it was me, and I wasn’t going to touch this for at least 15 years then I would go 100% equities, then just keep you £3k/month going into the same fund. But that only works if you have the discipline not to bottle out if there is a big crash (which more than likely there will be on a 15 year timeframe.)

kcrane

You could consider the Vanguard Lifestrategy 80 - which is 80% global equities in the correct proportions to match the value of the various regions of the world (more in the USA, less in Italy etc). The other 20% is in bonds.

I use HL as my platform for ISA, SIPP, Cash, S&S. It is an excellent system and the telephone support is also good. It isn't the cheapest, but it is reasonable.

londoninvestor

kcrane wrote: »

You could consider the Vanguard Lifestrategy 80 - which is 80% global equities in the correct proportions to match the value of the various regions of the world (more in the USA, less in Italy etc). The other 20% is in bonds.

I use HL as my platform for ISA, SIPP, Cash, S&S. It is an excellent system and the telephone support is also good. It isn't the cheapest, but it is reasonable.

HL is not bad for many investors - but medium-to-large fund portfolios are where it's uncompetitive.

If the OP invests £160k in the SIPP and £40k in the ISA, all in Vanguard LS80, that's a £900pa platform fee with HL (0.45% * £200k). Competitors will be hundreds of pounds cheaper.

For the ETF suggested earlier in the thread though, HL is a decent option as the fee is capped at £200 for the SIPP and £45 for the ISA.