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Rathbone Global Opportunities S Acc - equivalent fund

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I have held this fund for years, but its closed now. As I want to transfer to iWeb is there an equivalent Rathbones fund I can transfer it to?

thanks

Comments

  • ColdIron
    ColdIron Posts: 9,823 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 6 June 2023 at 5:34PM
    IWeb offer the I class of that fund so that would be pretty equivalent. The OCF is different but perhaps you had a discounted one
    You won't be able to transfer the S class to the I class (or any other fund for that matter) but you could transfer as cash
  • JohnWinder
    JohnWinder Posts: 1,862 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Looks to have been a successful fund. Why might it have closed?
  • Linton
    Linton Posts: 18,154 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    edited 7 June 2023 at 9:18AM
    Google shows no indication Rathbone Global Opportunities S has closed - both HL and Fidelity have it on their lists.  Other providers I checked sell the I class.

    Checking on morningstar the fund is very highly growth oriented so perhaps not best suited for nervous investors.  Though on the plus side it is well diversified across sectors without a large tech weighting.
  • Apollo22
    Apollo22 Posts: 35 Forumite
    Second Anniversary 10 Posts
    I am confused, as I cannot buy it through Fidelity and Halifax iweb don't list it.  I will have to dig some more.

    thanks
  • Apollo22
    Apollo22 Posts: 35 Forumite
    Second Anniversary 10 Posts
    Just checked the S fund is 0.55% and the newer one is 0.77%, so just have to suck it up if I want to transfer to iweb, unfortunately 
  • ColdIron
    ColdIron Posts: 9,823 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 7 June 2023 at 10:16AM
    Just an observation but Fidelity do appear to offer it
    Of course this is no help to you as you can't re-register the S class to IWeb as they only offer the I class

  • Sea_Shell
    Sea_Shell Posts: 10,022 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    I fell foul of thinking iWeb could do a share class conversion as part of an ISA transfer from Fidelity*.

    ☹️

    The quickest and easiest way is to sell to cash, do the ISA transfer, then rebuy once within iWeb.

    Ok you're out the market for a little while, but it's really the only practical way to switch that fund to them.

    *I had a thread about it.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Apollo22
    Apollo22 Posts: 35 Forumite
    Second Anniversary 10 Posts
    Actually iweb have said they will not transfer it, so I could either sell and buy the right funds on Fidelity and then transfer or do as you did. 

    However, iweb doesnt offer monthly direct debits and I am unsure what that means in terms of me buying funds monthly. Will update my other thread
  • Sea_Shell
    Sea_Shell Posts: 10,022 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    You'll just have to fund manually, no different to DD really.  Just a few more minutes of work for you.

    But, you'll pay £5 per trade, so depending on how much you're planning on putting in, you may want to save up elsewhere and deposit, say, quarterly.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
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