Fisher Investments UK - opinions?

InterestInInvesting

Silverpete said:

InterestInInvesting - just one last point in that last graph provided have you co-related the outperformance of Fisher;s fund with Market downturns? The unknown we all face is when we will need to draw funds, if that time falls during a recession /  Market downturn then a simple tracker may not be delivering as well as a well managed fund. You will also need to remember that you risk profile really should change as you get towards 5 years or so of retirement. There is a reason that large companies turn their ensin funds over to profession active managers to run ratherthan simply buyin tracker funds.

Noted, many thanks Silverpete.

Martwally

Morning I had two conversations with them their strap line is we do not put you in a box like all the others just the opposite that’s exactly what they do they just wanted the whole fund presumably so commission would be paid rather than a blended approach I was very clear what I wanted and very achievable with a blend of annuity and ETF fees of 1.7 % 10 years of £500000 is about £75000

masonic

https://forums.moneysavingexpert.com/discussion/comment/82010870#Comment_82010870

Are you saying that the fees on £500k will add up to about £75k over 10 years? That could be possible if your lump sum shrinks in value over time (you'd be paying out £85k+ in fees if the lump sum were to stay the same or grow). In which case, that's a lot they are making from you in fees.

Or are you saying they promised you annual income of £75k (about 15% per year)?

Either way a big red flag!

talexuser

I immediately dismissed them purely from the idiocy of their TV adverts, obviously aimed at people who have no knowledge of investing and presented in such a laughable manner of a serious subject that could massively impact the rest of your life. No further research was neccessary as soon as you go to their "fees page" and find no mention of what the fees actually are. Huge red flag.