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Kids ISAs dropping significantly - thoughts on next steps?

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Comments

  • Albermarle
    Albermarle Posts: 31,115 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    They are charging 1.74% according to a poster above (incl HL platform fees), and have returned 0.65% annualised over 5 years.Vanguard Life Strategy 80 has a similar risk profile, charges 0.22% and has returned 5.25% annualised over the same period.

    Well spotted, I had not noticed the more important 5 year performance was so poor. I checked the Fidelity multi asset adventurous fund ( 70% equities & charges 0.2%) and its 5 year annualised return was 5.3% 
  • jimjames
    jimjames Posts: 19,247 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    mroshaw said:

    Any thoughts or feedback you can share? Should I just leave it, and hope that I regain my losses and more over the coming 7 to 10 years?
    Put more money in so you buy investments at a more bargain price?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Exodi
    Exodi Posts: 4,569 Forumite
    Ninth Anniversary 1,000 Posts Hung up my suit! Home Insurance Hacker!
    edited 4 November 2022 at 11:55AM
    jimjames said:
    mroshaw said:

    Any thoughts or feedback you can share? Should I just leave it, and hope that I regain my losses and more over the coming 7 to 10 years?
    Put more money in so you buy investments at a more bargain price?
    Just preferrably not into the HL Multi-Manager Balanced Managed Trust.

    I always feel the HL active funds that command an OCF of 1%+ are real textbox examples of the power of branding.

    Countless alternatives at a sliver of the cost.
    Know what you don't
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