L&G multi index fund

Jrose1927

Does anyone have S&S with these funds

How do they perform how do the charges compare with the rest

Can't seem to find a website where all funds are compared within last 3 to 5 years with L&G involved

george4064

Search for thread titles 'L&G multi' and it will return hundreds of threads that have discussed L&G multi index fund (as well as other popular index fund providers). Probably a good place to compare them too, also you can use morningstars multi-plotting tool, good luck finding all the funds though!

bowlhead99

Jrose1927 wrote: »

Does anyone have S&S with these funds

How do they perform how do the charges compare with the rest

Can't seem to find a website where all funds are compared within last 3 to 5 years with L&G involved

My parents use L&G multi index 5 in their ISAs, among other things. Their performance compares fine with the rest. Their charges compare fine with the rest.

A site like Morningstar or Trustnet will give you the data. Although, "where all funds are involved along with L&G" implies you are thinking of doing a big league table of all funds, which would give meaningless results - as a fund that invests exclusively in Chinese equities or US property is going to have a very different result from Multi Index 3 or 5 or 7.

At the Trustnet link below, you could click 'explore further with interactive charting' to be able to customise the date range and also add other funds or indexes as comparisons using the selection tool which appears on the right of the screen when you have gone into interactive chart mode. Trustnet also lets you search for different funds and 'add to basket' and then when you have a bunch of different funds in your basket, you can then go and use trustnet tools to analyse - eg charting or comparing one against another for correlation etc.

https://www.trustnet.com/factsheets/o/j84x/l&g-multi-index-5

Albermarle

If you hold them direct with L&G in S&S ISA , the charge is 0.61%
I do not think they are available on all other platforms but they are with HL - total charge 0.75% or AJ Bell 0.56% ( the difference being the higher HL platform charge )
L&G also have 'mixed investment' funds which are more expensive ( 0.95%) but appear to be a very similar product the better known Multi Index funds ,

Audaxer

I think they are a decent option, but have a slightly higher ongoing charge compared to the Vanguard Life Strategy range of funds and the HSBC Global Strategy funds. You can easily compare the performance of the L&G Multi Index range to these funds on Trustnet.

The thing I'm not that keen on about the L&G Multi Index range is that they have separate Buy and Sell prices, which is a bit like having an initial charge as the value of the fund is slightly less as soon as buy it, before any market movements.

Jrose1927

Great info from all above thank you

They seem to have a decent performance chart on the index 6 and index 7 fund.

MarkBargain

Albermarle wrote: »

If you hold them direct with L&G in S&S ISA , the charge is 0.61%
I do not think they are available on all other platforms but they are with HL - total charge 0.75% or AJ Bell 0.56% ( the difference being the higher HL platform charge )
L&G also have 'mixed investment' funds which are more expensive ( 0.95%) but appear to be a very similar product the better known Multi Index funds ,

Those fees seem quite steep. It might be worth looking at something like Vanguard LifeStrategy. The fee is 0.22% on iWeb (+£25 joining fee, and £5 per trade).


https://www.markets.iweb-sharedealing.co.uk/funds-centre/fund-supermarket/detail/GB00B3TYHH97

eskbanker

Jrose1927 wrote: »

Great info from all above thank you

They seem to have a decent performance chart on the index 6 and index 7 fund.

You do understand that funds with higher concentrations of equities do indeed tend to perform better when markets are rising (as they have been for most recent years) but conversely they'll fall further when conditions are less favourable?

In other words, don't just look at one side of the equation and think about how you'd react if/when prices are on the way down, rather than just being seduced by the upside when all is good....

Jrose1927

After the last few years of increase in expecting a dip before it goes up again.

Of course it's just one big gamble I may look into index 6 but not commit to much into it yet until I learn the game more

Thrugelmir

Jrose1927 wrote: »

After the last few years of increase in expecting a dip before it goes up again.

Markets can flatten for extended periods. As prices move ahead of underlying financial reality.