AJ Bell Funds

EnglishDane

I have a SIPP with AJ Bell and recently accessed my pension and need to invest my drawdown pot. I am considering buying the AJ Bell Cautious fund.  When I tried to buy, I found 3 different funds:

 BYW8RV9 VT AJ Bell Cautious I Acc (FUND:BYW8RV9)  ISIN GB00BYW8RV97  

Start Date:18/04/2017 Price: 114.42

 

BKY6962 VT AJ Bell Cautious IP2 Acc (FUND:BKY6962) ISIN GB00BKY69622 

Start Date: 26/01/2021  Price: 1.02

 

BKY6984 VT AJ Bell Cautious IP4 Acc (FUND:BKY6984) ISIN GB00BKY69846  

Start Date:26/01/2021 Price:  1.02

 

These funds are identical in respect of fund asset allocation and fund holdings.  The only difference is the start date and price.

 

Is it better to buy the IP2 or IP4 funds, which have a lower price but have been only operating since 2021 or is it better to buy the fund which has been operating since 2017 at a higher price?

Tassie_Devil

Here's some info about the IP funds:

https://www.youinvest.co.uk/faq/how-do-i-invest-investment-pathway-fund

https://www.youinvest.co.uk/pensions-and-retirement/investment-pathways