Global index for Hargreaves Landown LISA

Ciprico
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I am not finding it easy to see the costs on HL.
They talk about funds, but funds is a pretty vague term..
Is there any reason regarding costs not to hold HMWO in a LISA ?
HL don't list any ETFs on the favourite funds held in Lisa's, the nearest fund to hmwo being Fidelity World Index with higher charges...
Thanks for any guidance...
They talk about funds, but funds is a pretty vague term..
Is there any reason regarding costs not to hold HMWO in a LISA ?
HL don't list any ETFs on the favourite funds held in Lisa's, the nearest fund to hmwo being Fidelity World Index with higher charges...
Thanks for any guidance...
0
Comments
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No reason not to. SWLD is a cheaper option (0.12%pa vs 0.15%pa) and is accumulating, which might be better. These are developed world only, so you might consider adding an emerging markets ETF subject to your portfolio size making this cost-effective.
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HL don't list any ETFs on the favourite funds held in Lisa's, the nearest fund to hmwo being Fidelity World Index with higher charges...I would ignore their favourites list
HMWO has a charge of 0.15% and Fidelity World 0.12%
Fidelity Index World (Class P) Accumulation Fund Price & Information (hl.co.uk)
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Albermarle said:HL don't list any ETFs on the favourite funds held in Lisa's, the nearest fund to hmwo being Fidelity World Index with higher charges...I would ignore their favourites list
HMWO has a charge of 0.15% and Fidelity World 0.12%
Fidelity Index World (Class P) Accumulation Fund Price & Information (hl.co.uk)
Fidelity Index World is an OEIC, so attracts a platform fee of 0.45% up to £250k and 0.25% from £250k-£1m, rather than the 0.45% capped at £45 pa that an ETF would. On £250k, this would mean the difference between £1,125 per year vs £45. I know which I'd rather pay. A portfolio valued at >£10k is cheaper to hold in exchange traded investments, fund fees being equal, although practically the switch may be more cost effective to make later due to the difference in trading costs.
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masonic said:Albermarle said:HL don't list any ETFs on the favourite funds held in Lisa's, the nearest fund to hmwo being Fidelity World Index with higher charges...I would ignore their favourites list
HMWO has a charge of 0.15% and Fidelity World 0.12%
Fidelity Index World (Class P) Accumulation Fund Price & Information (hl.co.uk)
Fidelity Index World is an OEIC, so attracts a platform fee of 0.45% up to £250k and 0.25% from £250k-£1m, rather than the 0.45% capped at £45 pa that an ETF would. On £250k, this would mean the difference between £1,125 per year vs £45. I know which I'd rather pay. A portfolio valued at >£10k is cheaper to hold in exchange traded investments, fund fees being equal, although practically the switch may be more cost effective to make later due to the difference in trading costs.0 -
The charges for funds in a LISA at HL is 0.25% now.1
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