We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
BlackRock launches rival to Vanguard LifeStrategy funds
Options
Lois_and_CK
Posts: 584 Forumite
I couldn't see another thread on this; apologies if I've missed it.
"Through its passive investment arm iShares, the fund group will create a range of four multi-asset funds called MyMap.
It will invest in a number of iShares index trackers across global stocks, bonds, gold and property. The funds will be managed by BlackRock’s 150-person multi-asset team, who will review and rebalance the portfolio quarterly.
The main difference between the MyMap range and the LifeStrategy funds is how they are constructed. While the latter is fixed based on the amount it can hold in stocks (20pc, 40pc, 60pc and so on), the new iShares funds will be based on volatility, a measure of risk."
Article here:
https://www.telegraph.co.uk/investing/funds/blackrock-launches-rival-vanguard-lifestrategy-funds-should/amp/
"Through its passive investment arm iShares, the fund group will create a range of four multi-asset funds called MyMap.
It will invest in a number of iShares index trackers across global stocks, bonds, gold and property. The funds will be managed by BlackRock’s 150-person multi-asset team, who will review and rebalance the portfolio quarterly.
The main difference between the MyMap range and the LifeStrategy funds is how they are constructed. While the latter is fixed based on the amount it can hold in stocks (20pc, 40pc, 60pc and so on), the new iShares funds will be based on volatility, a measure of risk."
Article here:
https://www.telegraph.co.uk/investing/funds/blackrock-launches-rival-vanguard-lifestrategy-funds-should/amp/
0
Comments
-
-
IMO an improvement on VLS since it doesn't have (AFAICS) the wholly artificial 25% "UK" weighting (aka artificial emphasis on a handful of sectors).0
-
0.17% OCF. Well played, well played.0
-
Not much info on it at all, blackrock only have mymap3 available on their own site showing a launch date of yesterday. The other variations aren't available on there yet0
-
Class S and class D are appearing in the data feeds but the data is mostly blank currently. Legal structure is Unit Trust. UCITS V Compliant. There is a bid/offer spread
MyMap 4 class S shows a bid price of 99.87p and offer price of 105.00p.
Standard Initial charge is 5.0%
AMC field shows 0.09%.
OCF is blank
FMF is blank
MIFIDII fields blank.
Class D shows 0.0% initial charge but bid price is 99.87p and offer price is 100p.
AMC is 0.12%
rest is the same as above or blank.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Strange that their is no mention of the current Blackrock Consensus range of multi asset funds , which are already well known . So they are competing with themselves as well as Vanguard.0
-
This is good for VLS holders, may see a competitive discount...0
-
-
Johnnyboy11 wrote: »Might spur Vanguard UK on with their SIPP-type offering...?
Chance would be a fine thing.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards