Difficulty selecting funds to invest in

VXman

Michael121 said:

bowlhead99 said:

Michael121 said:

From the hsbc website, where did you see 0.2? 

The HSBC website figure will include the cost of the 'platform fee' to hold it via HSBC's service. The ongoing charges figure is lower. You'll incur platform/account fees and charges no matter what investment you choose to hold, and you don't have to hold HSBC's fund on HSBC's platform.

If you're trying to compare apples with apples, you can't compare in your left hand the costs of the HSBC global strategy fund including ongoing charges figure and platform fee, with in your right hand the costs of the Vanguard funds including ongoing charges figure but excluding any platform fee.

Oh right I thought the hsbc charge was ongoing, So I can eliminate vanguards 100% lifestrategy and now its a decision between the rest thanks for clearing that up.

Or just go direct to a company like Vanguard then that will be the only charge.