Personal Assets Trust vs Trojan O Acc

MPN

MichelleN said:

Alexland said:

MichelleN said:

Platform fees do not really come into it because my ISA is with iWeb and my SIPP is with Fidelity so if I went with the PNL it would be on the Fidelity platform as the charges are capped at £45 per annum and IWeb for Trojan O.

Although I agree the benefits of having an iWeb ISA for funds and a Fidelity SIPP for exchange traded assets (we both do this with both providers) surely it does matter as usually you would be picking an main investment for each particular account? Or is the answer that you like both of these so would hold the Trojan fund in your iWeb ISA and PNL in your Fidelity SIPP? Even then do the accounts have the same withdrawal timescales?

My husband retired several years ago but I am still working so we are living on my wage. I enjoy my job but may retire in the next 5 years or so. We have a good cash buffer and don’t currently require any income from our investments. We just feel that now we should start to reduce our risk profile from a purely growth portfolio to a 60/40 split with some WP funds.

IMHO most people would have reduced their risk exposure well before retirement but better late than never. You could always consider either PNL or the Trojan fund for your SIPP and another WP IT/fund such as Capital Gearing/Absolute Return for your ISA or vice versa?

MichelleN

MPN said:

MichelleN said:

Alexland said:

MichelleN said:

Platform fees do not really come into it because my ISA is with iWeb and my SIPP is with Fidelity so if I went with the PNL it would be on the Fidelity platform as the charges are capped at £45 per annum and IWeb for Trojan O.

Although I agree the benefits of having an iWeb ISA for funds and a Fidelity SIPP for exchange traded assets (we both do this with both providers) surely it does matter as usually you would be picking an main investment for each particular account? Or is the answer that you like both of these so would hold the Trojan fund in your iWeb ISA and PNL in your Fidelity SIPP? Even then do the accounts have the same withdrawal timescales?

My husband retired several years ago but I am still working so we are living on my wage. I enjoy my job but may retire in the next 5 years or so. We have a good cash buffer and don’t currently require any income from our investments. We just feel that now we should start to reduce our risk profile from a purely growth portfolio to a 60/40 split with some WP funds.

IMHO most people would have reduced their risk exposure well before retirement but better late than never. You could always consider either PNL or the Trojan fund for your SIPP and another WP IT/fund such as Capital Gearing/Absolute Return for your ISA or vice versa?

Yes, good point, I will take a look at Capital Gearing Trust and the Absolute Return Fund. I presume the performance is similar for both as it is for PNL and Troy?

Sue58

MichelleN said:

MPN said:

MichelleN said:

Alexland said:

MichelleN said:

Platform fees do not really come into it because my ISA is with iWeb and my SIPP is with Fidelity so if I went with the PNL it would be on the Fidelity platform as the charges are capped at £45 per annum and IWeb for Trojan O.

Although I agree the benefits of having an iWeb ISA for funds and a Fidelity SIPP for exchange traded assets (we both do this with both providers) surely it does matter as usually you would be picking an main investment for each particular account? Or is the answer that you like both of these so would hold the Trojan fund in your iWeb ISA and PNL in your Fidelity SIPP? Even then do the accounts have the same withdrawal timescales?

My husband retired several years ago but I am still working so we are living on my wage. I enjoy my job but may retire in the next 5 years or so. We have a good cash buffer and don’t currently require any income from our investments. We just feel that now we should start to reduce our risk profile from a purely growth portfolio to a 60/40 split with some WP funds.

IMHO most people would have reduced their risk exposure well before retirement but better late than never. You could always consider either PNL or the Trojan fund for your SIPP and another WP IT/fund such as Capital Gearing/Absolute Return for your ISA or vice versa?

Yes, good point, I will take a look at Capital Gearing Trust and the Absolute Return Fund. I presume the performance is similar for both as it is for PNL and Troy?

I hold Personal Assets in my SIPP and Capital Gearing Absolute Return fund in my ISA. As already mentioned PNL has a lower OCF than Trojan O and a higher yield. Didn’t want to pay the premium for CGT at the time so went with CGAR with an OCF of 0.71 as opposed to CGT at 1.02. They do have a similar performance.

Linton

Although most platforms seem to offer Trojan O, AJ Bell has Trojan X which is the same fund but with an OCF of 0.87%.  Though personally I think that there are far more important things to worry about when choosing funds than a fraction of a % in OCF.  For the Trojan funds over 10 years Trojan X returned 75.3% against Trojan O's 74.7%.  Precisely which days of the week you bought and sold could well be more significant.

Thrugelmir

Alternatively there's Ruffer which uses BOE base rate as it's benchmark. 

Sue58

Linton said:

Although most platforms seem to offer Trojan O, AJ Bell has Trojan X which is the same fund but with an OCF of 0.87%.  Though personally I think that there are far more important things to worry about when choosing funds than a fraction of a % in OCF.  For the Trojan funds over 10 years Trojan X returned 75.3% against Trojan O's 74.7%.  Precisely which days of the week you bought and sold could well be more significant.

Interesting that Trojan offer two classes for the same fund but with different OCF's. I've just looked on iWeb and they offer both classes so obviously why would anybody choose the O class (1,02%) over the X class (0.87%).
I noticed in your WP portfolio that you prefer the Trojan OEIC fund to PNL, however with Capital Gearing you prefer the Trust rather than the CG Absolute Return fund - any particular reason for this?.  

A_T

Thrugelmir said:

Alternatively there's Ruffer which uses BOE base rate as it's benchmark. 

which is setting the bar just about as low as possible

A_T

Linton said:

Although most platforms seem to offer Trojan O, AJ Bell has Trojan X which is the same fund but with an OCF of 0.87%.  Though personally I think that there are far more important things to worry about when choosing funds than a fraction of a % in OCF.  For the Trojan funds over 10 years Trojan X returned 75.3% against Trojan O's 74.7%.  Precisely which days of the week you bought and sold could well be more significant.

Fidelity and HL also have Trojan X
They also have Trojan Ethical - which in it's short existence has performed better than plain Trojan

Thrugelmir

A_T said:

Thrugelmir said:

Alternatively there's Ruffer which uses BOE base rate as it's benchmark. 

which is setting the bar just about as low as possible

Depends where you are your are in your investment journey. Once your own human capital is lost. Then more difficult to rebuild capital savings that are "lost". 

StellaN

Linton said:

Although most platforms seem to offer Trojan O, AJ Bell has Trojan X which is the same fund but with an OCF of 0.87%.  Though personally I think that there are far more important things to worry about when choosing funds than a fraction of a % in OCF.  For the Trojan funds over 10 years Trojan X returned 75.3% against Trojan O's 74.7%.  Precisely which days of the week you bought and sold could well be more significant.

HL have discounted prices on Trojan O at 0.77% and Trojan X at 0.62%.