Finsbury Growth and Income - FGT

RomfordNavy

Is Finsbury Growth and Income (FGT) a reasonable way to get exposure to Lindsell Train for those of us invested though iWeb - iWeb don't allow investment directly in LT?

talexuser

I have it as part of my UK allocation (with iWeb), 14% in the last year, but maybe not on the defensive side if you are thinking about the inevitable next downturn. There again maybe a bounce after Brexit is settled? Note the small premium.

Aminatidi

It depends what you really mean

If you mean exposure to owning a piece of the Lindsell Train business then no (well, unless you count something like the 1% that FGT holds).

ColdIron

If you were looking at the LT UK Equity fund then it's close. If you were looking at LT Global Equity then it's not close at all

Bear in mind that FGT is an investment trust and there are important differences with unit trusts or OEICs that you should familiarise yourself with

RomfordNavy

ColdIron wrote: »

If you were looking at the LT UK Equity fund then it's close. If you were looking at LT Global Equity then it's not close at all

Bear in mind that FGT is an investment trust and there are important differences with unit trusts or OEICs that you should familiarise yourself with

I meant LT Global Equity so no it is not the same then. I assume there is no other way of getting exposure to LT Global then.

Prism

RomfordNavy wrote: »

I meant LT Global Equity so no it is not the same then. I assume there is no other way of getting exposure to LT Global then.

If iWeb doesn't offer you the choice you want then don't just use iWeb

RomfordNavy

Prism wrote: »

If iWeb doesn't offer you the choice you want then don't just use iWeb

Hence the reason I have been trying to set-up an Invest Direct account with HSBC but not very sucessfully.

Prism

RomfordNavy wrote: »

Hence the reason I have been trying to set-up an Invest Direct account with HSBC but not very sucessfully.

Which also doesn't give you access to Lindsell Train GE

RomfordNavy

Prism wrote: »

Which also doesn't give you access to Lindsell Train GE

So after all that work it looks like I need to dump HSBC then. At least I have found this out befoore starting to actually invest any of the funds through them.

RomfordNavy

Prism wrote: »

Which also doesn't give you access to Lindsell Train GE

Anyone know if Santander allows Lindsell Train Global? Their 0.2% fee is at least half that of HL.

Prism

RomfordNavy wrote: »

Anyone know if Santander allows Lindsell Train Global? Their 0.2% fee is at least half that of HL.

I don't think so

https://www.lindselltrain.com/funds/platforms.aspx