New kid on the block?

Shocking_Blue

csgohan4 said:

https://monevator.com/compare-uk-cheapest-online-brokers/

Have a look at above to understand the different ones

Note I am not talking about OCF, but the charge the platform charges to hold your investments.

The above website also has lots of articles on passive investing and it would be helpful to read all of them to understand investments at least on a reasonable level

Thanks. That is hugely helpful and interesting. 
I do already have an iWeb account, so have paid the one-off £25, and will have over 25K in there (flat fee becomes more appropriate according to the link above), so there seems no point in changing that. I see from the above link that the phrase 'dealing' is actually used, but again it doesn't say what a 'deal' actually is. So, if I put 10K into a fund like VLS, that constitutes a 'deal', then if in a few years I sell up and take all the money, that's another 'deal', so at £5 per deal that'd be £10? And the same applies to an ETF? Or do dealing charges apply in between for ETFs, as things are exchanged (by who/whatever does the running of the fund) as part of the running of the ETF, if you see what I mean. I'm assuming a deal is just what I do/request (i.e. buy into/out of the fund or ETF as above). Sorry of the answer if obvious, but just checking.
Just also noted in that link you sent that Fidelity charge 0.35% between 7.5K and 250K but this is capped at £45 for Share ISA ETFs. Presumably this cap would not apply to HSBC Global Strategy held as a S&S ISA.
Sorry for tapping your knowledge and thanks for that link again..

talexuser

Thrugelmir said:

and the USA is in a better place .........  

No, but they seem to be more successful at propping up the market. Whether it lasts is naturally open to question, but when they fall (not if) I can't see us avoiding the fallout either. And they don't have a Brexit to contend with on top of everything else. 

ColdIron

Shocking_Blue said:

Shocking_Blue said:

csgohan4 said:

Shocking_Blue said:

DireEmblem said:

How about XDWT

Thanks,

Just found this, which looks interesting.

Xtrackers MSCI World Information Technology UCITS ETF 1C (EUR) | XDWT

Had any experience of this? Any idea of the best way to invest (doesn't appear to be available on iWeb).

Thanks again

Some people prefer Funds over ETFs  or vice versa due to the platform charges as well. 

Sorry to be so naïve about this, but, looking at the ongoing charges of the two following, there's a marginal difference:

Xtrackers MSCI Wld Info Tech ETF 1C (XDWT) 0.3% (ETF)

L&G Global Technology Index I Acc (Accumulation) 0.32 (Fund)

Would one or the other (involve more 'trades' or 'dealing commissions' https://www.iweb-sharedealing.co.uk/charges-and-interest-rates/charges.asp), and therefore more costs?

 

Apologies for anther naïve Q
As per iWeb fees section '£5 dealing commission per trade'. Assume a 'trade' is when you actually buy/sell into the fund or ETF, rather than any internal buying and selling that goes on within the running of the Fund/ETF.
Thanks

Yes, the £5 is a charge levied by IWeb for conducting the trade (buy or sell) for you

The fund or ETF will have its own charges for running the investment for you (the OCF or Ongoing Charge Figure) but you will not receive an explicit bill for this as it is taken internally from the fund by the managers of the fund

bowlhead99

Shocking_Blue said

. I see from the above link that the phrase 'dealing' is actually used, but again it doesn't say what a 'deal' actually is. So, if I put 10K into a fund like VLS, that constitutes a 'deal', then if in a few years I sell up and take all the money, that's another 'deal', so at £5 per deal that'd be £10? And the same applies to an ETF? Or do dealing charges apply in between for ETFs, as things are exchanged (by who/whatever does the running of the fund) as part of the running of the ETF, if you see what I mean. I'm assuming a deal is just what I do/request (i.e. buy into/out of the fund or ETF as above). Sorry of the answer if obvious, but just checking.
Just also noted in that link you sent that Fidelity charge 0.35% between 7.5K and 250K but this is capped at £45 for Share ISA ETFs. Presumably this cap would not apply to HSBC Global Strategy held as a S&S ISA.
Sorry for tapping your knowledge and thanks for that link again..

The fiver charge at IWeb to 'deal' is when you give an instruction to IWeb to buy or sell a share, an etf, or an open-ended fund like HSBC global strategy. It's separate and independent from any ongoing charges or transaction costs incurred within the fund or ETF, as those charges will simply come through to you as part of the total valuation of what your investment in the fund or ETF is worth at a point in time.

Fidelity do it a bit differently and instead of having a flat fee for every type of purchase, they have that percentage based fee on asset value which caps out at a reasonably low cost for stuff traded on a stock exchange (such as shares l in companies or investment trusts or ETFs), but keeps going for open ended funds such as VLS or the HSBC global strategy that you mention.

Shocking_Blue

ColdIron said:

Shocking_Blue said:

Shocking_Blue said:

csgohan4 said:

Shocking_Blue said:

DireEmblem said:

How about XDWT

Thanks,

Just found this, which looks interesting.

Xtrackers MSCI World Information Technology UCITS ETF 1C (EUR) | XDWT

Had any experience of this? Any idea of the best way to invest (doesn't appear to be available on iWeb).

Thanks again

Some people prefer Funds over ETFs  or vice versa due to the platform charges as well. 

Sorry to be so naïve about this, but, looking at the ongoing charges of the two following, there's a marginal difference:

Xtrackers MSCI Wld Info Tech ETF 1C (XDWT) 0.3% (ETF)

L&G Global Technology Index I Acc (Accumulation) 0.32 (Fund)

Would one or the other (involve more 'trades' or 'dealing commissions' https://www.iweb-sharedealing.co.uk/charges-and-interest-rates/charges.asp), and therefore more costs?

 

Apologies for anther naïve Q
As per iWeb fees section '£5 dealing commission per trade'. Assume a 'trade' is when you actually buy/sell into the fund or ETF, rather than any internal buying and selling that goes on within the running of the Fund/ETF.
Thanks

Yes, the £5 is a charge levied by IWeb for conducting the trade (buy or sell) for you

The fund or ETF will have its own charges for running the investment for you (the OCF or Ongoing Charge Figure) but you will not receive an explicit bill for this as it is taken internally from the fund by the managers of the fund

bowlhead99 said:

Shocking_Blue said

. I see from the above link that the phrase 'dealing' is actually used, but again it doesn't say what a 'deal' actually is. So, if I put 10K into a fund like VLS, that constitutes a 'deal', then if in a few years I sell up and take all the money, that's another 'deal', so at £5 per deal that'd be £10? And the same applies to an ETF? Or do dealing charges apply in between for ETFs, as things are exchanged (by who/whatever does the running of the fund) as part of the running of the ETF, if you see what I mean. I'm assuming a deal is just what I do/request (i.e. buy into/out of the fund or ETF as above). Sorry of the answer if obvious, but just checking.
Just also noted in that link you sent that Fidelity charge 0.35% between 7.5K and 250K but this is capped at £45 for Share ISA ETFs. Presumably this cap would not apply to HSBC Global Strategy held as a S&S ISA.
Sorry for tapping your knowledge and thanks for that link again..

The fiver charge at IWeb to 'deal' is when you give an instruction to IWeb to buy or sell a share, an etf, or an open-ended fund like HSBC global strategy. It's separate and independent from any ongoing charges or transaction costs incurred within the fund or ETF, as those charges will simply come through to you as part of the total valuation of what your investment in the fund or ETF is worth at a point in time.

Fidelity do it a bit differently and instead of having a flat fee for every type of purchase, they have that percentage based fee on asset value which caps out at a reasonably low cost for stuff traded on a stock exchange (such as shares l in companies or investment trusts or ETFs), but keeps going for open ended funds such as VLS or the HSBC global strategy that you mention.

Thanks Guys, perhaps an obvious question but now I'm 100%
I have stuff with Fidelity and direct with Vanguard and looking at the comparative fees link above I might opt to transfer everything to iWeb (they do all the funds I have - just discovered iWeb after I'd already used the above platforms). Anything against having all the funds via iWeb (50K+).
Thanks

ColdIron

Nothing at all, I have a fair bit more than that with them. IWeb is operated by Halifax Share Dealing who are part of the Lloyds Banking Group. You already have an account with them and have already checked that they offer the funds that you want. They are a good option for medium or large sums with infrequent trading

As the annual fees are £0 and the £5 trading fee is taken from the buy or sell amount there is no need to leave any cash on the side either so you can be fully invested

I transferred my existing investments into them in 2018 and it was very quick and easy but may take a little longer now

csgohan4

Shocking_Blue said:

ColdIron said:

Shocking_Blue said:

Shocking_Blue said:

csgohan4 said:

Shocking_Blue said:

DireEmblem said:

How about XDWT

Thanks,

Just found this, which looks interesting.

Xtrackers MSCI World Information Technology UCITS ETF 1C (EUR) | XDWT

Had any experience of this? Any idea of the best way to invest (doesn't appear to be available on iWeb).

Thanks again

Some people prefer Funds over ETFs  or vice versa due to the platform charges as well. 

Sorry to be so naïve about this, but, looking at the ongoing charges of the two following, there's a marginal difference:

Xtrackers MSCI Wld Info Tech ETF 1C (XDWT) 0.3% (ETF)

L&G Global Technology Index I Acc (Accumulation) 0.32 (Fund)

Would one or the other (involve more 'trades' or 'dealing commissions' https://www.iweb-sharedealing.co.uk/charges-and-interest-rates/charges.asp), and therefore more costs?

 

Apologies for anther naïve Q
As per iWeb fees section '£5 dealing commission per trade'. Assume a 'trade' is when you actually buy/sell into the fund or ETF, rather than any internal buying and selling that goes on within the running of the Fund/ETF.
Thanks

Yes, the £5 is a charge levied by IWeb for conducting the trade (buy or sell) for you

The fund or ETF will have its own charges for running the investment for you (the OCF or Ongoing Charge Figure) but you will not receive an explicit bill for this as it is taken internally from the fund by the managers of the fund

bowlhead99 said:

Shocking_Blue said

. I see from the above link that the phrase 'dealing' is actually used, but again it doesn't say what a 'deal' actually is. So, if I put 10K into a fund like VLS, that constitutes a 'deal', then if in a few years I sell up and take all the money, that's another 'deal', so at £5 per deal that'd be £10? And the same applies to an ETF? Or do dealing charges apply in between for ETFs, as things are exchanged (by who/whatever does the running of the fund) as part of the running of the ETF, if you see what I mean. I'm assuming a deal is just what I do/request (i.e. buy into/out of the fund or ETF as above). Sorry of the answer if obvious, but just checking.
Just also noted in that link you sent that Fidelity charge 0.35% between 7.5K and 250K but this is capped at £45 for Share ISA ETFs. Presumably this cap would not apply to HSBC Global Strategy held as a S&S ISA.
Sorry for tapping your knowledge and thanks for that link again..

The fiver charge at IWeb to 'deal' is when you give an instruction to IWeb to buy or sell a share, an etf, or an open-ended fund like HSBC global strategy. It's separate and independent from any ongoing charges or transaction costs incurred within the fund or ETF, as those charges will simply come through to you as part of the total valuation of what your investment in the fund or ETF is worth at a point in time.

Fidelity do it a bit differently and instead of having a flat fee for every type of purchase, they have that percentage based fee on asset value which caps out at a reasonably low cost for stuff traded on a stock exchange (such as shares l in companies or investment trusts or ETFs), but keeps going for open ended funds such as VLS or the HSBC global strategy that you mention.

Thanks Guys, perhaps an obvious question but now I'm 100%
I have stuff with Fidelity and direct with Vanguard and looking at the comparative fees link above I might opt to transfer everything to iWeb (they do all the funds I have - just discovered iWeb after I'd already used the above platforms). Anything against having all the funds via iWeb (50K+).
Thanks

Iweb is a good allrounder for funds/IT'S etc. however if your only after IT's and need a SIPP, you may want to try other ones like AJ bell who are cheaper for your annual cost

https://monevator.com/compare-uk-cheapest-online-brokers/

Shocking_Blue

ColdIron said:

Nothing at all, I have a fair bit more than that with them. IWeb is operated by Halifax Share Dealing who are part of the Lloyds Banking Group. You already have an account with them and have already checked that they offer the funds that you want. They are a good option for medium or large sums with infrequent trading

As the annual fees are £0 and the £5 trading fee is taken from the buy or sell amount there is no need to leave any cash on the side either so you can be fully invested

I transferred my existing investments into them in 2018 and it was very quick and easy but may take a little longer now

csgohan4 said:

Shocking_Blue said:

ColdIron said:

Shocking_Blue said:

Shocking_Blue said:

csgohan4 said:

Shocking_Blue said:

DireEmblem said:

How about XDWT

Thanks,

Just found this, which looks interesting.

Xtrackers MSCI World Information Technology UCITS ETF 1C (EUR) | XDWT

Had any experience of this? Any idea of the best way to invest (doesn't appear to be available on iWeb).

Thanks again

Some people prefer Funds over ETFs  or vice versa due to the platform charges as well. 

Sorry to be so naïve about this, but, looking at the ongoing charges of the two following, there's a marginal difference:

Xtrackers MSCI Wld Info Tech ETF 1C (XDWT) 0.3% (ETF)

L&G Global Technology Index I Acc (Accumulation) 0.32 (Fund)

Would one or the other (involve more 'trades' or 'dealing commissions' https://www.iweb-sharedealing.co.uk/charges-and-interest-rates/charges.asp), and therefore more costs?

 

Apologies for anther naïve Q
As per iWeb fees section '£5 dealing commission per trade'. Assume a 'trade' is when you actually buy/sell into the fund or ETF, rather than any internal buying and selling that goes on within the running of the Fund/ETF.
Thanks

Yes, the £5 is a charge levied by IWeb for conducting the trade (buy or sell) for you

The fund or ETF will have its own charges for running the investment for you (the OCF or Ongoing Charge Figure) but you will not receive an explicit bill for this as it is taken internally from the fund by the managers of the fund

bowlhead99 said:

Shocking_Blue said

. I see from the above link that the phrase 'dealing' is actually used, but again it doesn't say what a 'deal' actually is. So, if I put 10K into a fund like VLS, that constitutes a 'deal', then if in a few years I sell up and take all the money, that's another 'deal', so at £5 per deal that'd be £10? And the same applies to an ETF? Or do dealing charges apply in between for ETFs, as things are exchanged (by who/whatever does the running of the fund) as part of the running of the ETF, if you see what I mean. I'm assuming a deal is just what I do/request (i.e. buy into/out of the fund or ETF as above). Sorry of the answer if obvious, but just checking.
Just also noted in that link you sent that Fidelity charge 0.35% between 7.5K and 250K but this is capped at £45 for Share ISA ETFs. Presumably this cap would not apply to HSBC Global Strategy held as a S&S ISA.
Sorry for tapping your knowledge and thanks for that link again..

The fiver charge at IWeb to 'deal' is when you give an instruction to IWeb to buy or sell a share, an etf, or an open-ended fund like HSBC global strategy. It's separate and independent from any ongoing charges or transaction costs incurred within the fund or ETF, as those charges will simply come through to you as part of the total valuation of what your investment in the fund or ETF is worth at a point in time.

Fidelity do it a bit differently and instead of having a flat fee for every type of purchase, they have that percentage based fee on asset value which caps out at a reasonably low cost for stuff traded on a stock exchange (such as shares l in companies or investment trusts or ETFs), but keeps going for open ended funds such as VLS or the HSBC global strategy that you mention.

Thanks Guys, perhaps an obvious question but now I'm 100%
I have stuff with Fidelity and direct with Vanguard and looking at the comparative fees link above I might opt to transfer everything to iWeb (they do all the funds I have - just discovered iWeb after I'd already used the above platforms). Anything against having all the funds via iWeb (50K+).
Thanks

Iweb is a good allrounder for funds/IT'S etc. however if your only after IT's and need a SIPP, you may want to try other ones like AJ bell who are cheaper for your annual cost

https://monevator.com/compare-uk-cheapest-online-brokers/

Thanks, Guys,
Will probably go to iWeb with everything.
Cheers.

Shocking_Blue

Dear all,
Many thanks for this invaluable info. Am just about to put some ISA £ into Legal & General Global Technology Index Trust I Class Accumulation. This looks really quite good. Can see from Morning Star that its Global Category Percent Rank out of 1,000 Funds is 25, so very good. The holdings, sectors, region details look all what I'm after. Just wondered if there were any final tips for alternatives higher up on this ranking.
Thanks in advance.

csgohan4

Shocking_Blue said:

Dear all,
Many thanks for this invaluable info. Am just about to put some ISA £ into Legal & General Global Technology Index Trust I Class Accumulation. This looks really quite good. Can see from Morning Star that its Global Category Percent Rank out of 1,000 Funds is 25, so very good. The holdings, sectors, region details look all what I'm after. Just wondered if there were any final tips for alternatives higher up on this ranking.
Thanks in advance.

Good choice of fund, however surprisingly it hasn't done as well as other tech funds, given they hold alot of apple and microsoft. Maybe its due to being a passive fund, who knows.  They were on my initial short list but decided to go elsewhere

Good luck