Share Class T, R, I ? Help please

0779mike

On the Iweb site there are 3 different Fundsmith Equity Acc units offered, T, R, and I.

Which one should I be buying ? Google hasn't helped much and a guy on the phone at Iweb said that the different classes had different OCFs and, ….different portfolio weightings - I wasn't convinced on that.

Mike

Aidanmc

The weightings seem the same though! I would be going with the cheapest one as i believe its the same fund overall just different classes.
Hopefully someone can provide a more detailed answer as i'm interested in this also!

masonic

They will be identical in all respects other than their charging structure, minimum investment and/or availability on your chosen platform. Go for the lowest OCF version you can buy.

ColdIron

The only difference is the charging structure

• The I class will usually be the one offered on platforms, the OCF is 0.95% plus whatever charge your platform levies
• The T class is the one offered by Fundsmith direct, the OCF is 1.05% all in (no additional platform fee)
• The R class is the old 'dirty' class and no one should now be buying this with an OCF of 1.55%

You want the I class

See the 'All Units' tab
https://www.trustnet.com/factsheets/o/lsx1/fundsmith-equity-r-inc

0779mike

I am on the Iweb Dealing screen looking to buy Fundsmith LLP. I want income reinvested.

I can see "EQUITY I INC NAV" but I can't see "EQUITY I ACC NAV".

Where am I going wrong ?

Aidanmc

0779mike wrote: »

I am on the Iweb Dealing screen looking to buy Fundsmith LLP. I want income reinvested.

I can see "EQUITY I INC NAV" but I can't see "EQUITY I ACC NAV".

Where am I going wrong ?

https://www.markets.iweb-sharedealing.co.uk/funds-centre/fund-supermarket/detail/GB00B41YBW71

ColdIron

0779mike wrote: »

I am on the Iweb Dealing screen looking to buy Fundsmith LLP. I want income reinvested.

I can see "EQUITY I INC NAV" but I can't see "EQUITY I ACC NAV".

Where am I going wrong ?

From the fund dropdown choose:
EQUITY I INSTL ACC NAV
If you press Verify it should show you the MEXID: FUQUIT

eskbanker

ColdIron wrote: »

From the fund dropdown choose:
EQUITY I INSTL ACC NAV
If you press Verify it should show you the MEXID: FUQUIT

Is this to emulate the cries of frustration from those unable to navigate the IWeb user interface?