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Blackrock's MyMap Funds

Looking into the MyMap funds as an alternative to Vanguard LifeStrategy and HSBC Global Strategy.

I notice on MyMap's KIID that it states the following:
You can buy and sell your units daily. The minimum initial investment for this unit class is £100,000. 

Surely the amount of £100k can't be right?

Comments

  • eskbanker
    eskbanker Posts: 37,831 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That won't apply when buying through a platform....
  • Albermarle
    Albermarle Posts: 28,532 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Looking into the MyMap funds as an alternative to Vanguard LifeStrategy and HSBC Global Strategy.

    I notice on MyMap's KIID that it states the following:
    You can buy and sell your units daily. The minimum initial investment for this unit class is £100,000. 

    Surely the amount of £100k can't be right?
    You will see similar on many funds factsheets . Just ignore it.
  • dunstonh
    dunstonh Posts: 120,009 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Looking into the MyMap funds as an alternative to Vanguard LifeStrategy and HSBC Global Strategy.

    I notice on MyMap's KIID that it states the following:
    You can buy and sell your units daily. The minimum initial investment for this unit class is £100,000. 

    Surely the amount of £100k can't be right?
    KIIDs and factsheets usually show figures on the basis of buying direct from the fund house.  Not buying via a platform.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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