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AJ Bell LISA v EQi LISA

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Comments

  • Eco_Miser said:
    I've looked at a few Vanguard funds on EQi and they all seem to say minimum investment is £100,000. Surely this isn't correct? I invest in a S+S ISA with Vanguard through their own platform, minimum initial investment was £500 with minimum monthly investment after that £100, AJ Bell minimum investment is £1 in the same funds. Am I missing something really obvious?
    It's not really obvious, but that £100k minimum is what the platforms reselling the product, including Vanguard's own platform, are required to (promise to) buy.
    Retail clients buy a small fraction of this allocation each from their platform.

    Thank you that explains it. I assumed it must be something like that but wanted to be sure.
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