Where to invest pension pot?

dunstonh

Steve_666_ said:

Albermarle said:

Steve_666_ said:

Given the smallish capital amount and the users limited knowledge, would Vanguard LS funds in a Vanguard account be a sensible option?

The funds I suggested ( HSBC global strategy and AJ bell own funds) are very similar to the Vanguard LS funds.
The HSBC ones are slightly cheaper and have a marginally better performance recently.
OP has  already transferred onto  the AJ Bell platform, so easier to stay there I think.

The Blackrock Mymap funds are a similar and a direct competitor, the fact sheets suggest that there is a 5% initial charge, for me thats a showstopper. I think it is likely that some/most SIPP providers can get this waivered, however I'm binning mymap and its going to be straight fight between Vanguard LS/own platform and HSBC GS/some platform.

Factsheets show the worst case scenario for charging.  Most investment platforms  do not suffer initial charges.  So, don't rely on factsheets for bid/offer spreads and initial charges (and in some cases, AMCs)

Albermarle

Steve_666_ said:

Albermarle said:

Steve_666_ said:

Given the smallish capital amount and the users limited knowledge, would Vanguard LS funds in a Vanguard account be a sensible option?

The funds I suggested ( HSBC global strategy and AJ bell own funds) are very similar to the Vanguard LS funds.
The HSBC ones are slightly cheaper and have a marginally better performance recently.
OP has  already transferred onto  the AJ Bell platform, so easier to stay there I think.

The Blackrock Mymap funds are a similar and a direct competitor, the fact sheets suggest that there is a 5% initial charge, for me thats a showstopper. I think it is likely that some/most SIPP providers can get this waivered, however I'm binning mymap and its going to be straight fight between Vanguard LS/own platform and HSBC GS/some platform.

Most fund fact sheets ( not just Blackrock) show an initial charge . However as you say if you buy via an investment platform it seems to be always reduced to zero. I can not remember the last time I paid one, maybe 20 years ago?

Rich1976

Steve_666_ said:

Albermarle said:

Steve_666_ said:

Given the smallish capital amount and the users limited knowledge, would Vanguard LS funds in a Vanguard account be a sensible option?

The funds I suggested ( HSBC global strategy and AJ bell own funds) are very similar to the Vanguard LS funds.
The HSBC ones are slightly cheaper and have a marginally better performance recently.
OP has  already transferred onto  the AJ Bell platform, so easier to stay there I think.

The Blackrock Mymap funds are a similar and a direct competitor, the fact sheets suggest that there is a 5% initial charge, for me thats a showstopper. I think it is likely that some/most SIPP providers can get this waivered, however I'm binning mymap and its going to be straight fight between Vanguard LS/own platform and HSBC GS/some platform.

I hold one of the mymap funds in my Sipp and can confirm there is no initial charge .

Steve_666_

dunstonh said:

Steve_666_ said:

Albermarle said:

Steve_666_ said:

Given the smallish capital amount and the users limited knowledge, would Vanguard LS funds in a Vanguard account be a sensible option?

The funds I suggested ( HSBC global strategy and AJ bell own funds) are very similar to the Vanguard LS funds.
The HSBC ones are slightly cheaper and have a marginally better performance recently.
OP has  already transferred onto  the AJ Bell platform, so easier to stay there I think.

The Blackrock Mymap funds are a similar and a direct competitor, the fact sheets suggest that there is a 5% initial charge, for me thats a showstopper. I think it is likely that some/most SIPP providers can get this waivered, however I'm binning mymap and its going to be straight fight between Vanguard LS/own platform and HSBC GS/some platform.

Factsheets show the worst case scenario for charging.  Most investment platforms  do not suffer initial charges.  So, don't rely on factsheets for bid/offer spreads and initial charges (and in some cases, AMCs)

How to know, I'm not going to take the chance of buying a fund only to find out they took several thousand...

dunstonh

Steve_666_ said:

dunstonh said:

Steve_666_ said:

Albermarle said:

Steve_666_ said:

Given the smallish capital amount and the users limited knowledge, would Vanguard LS funds in a Vanguard account be a sensible option?

The funds I suggested ( HSBC global strategy and AJ bell own funds) are very similar to the Vanguard LS funds.
The HSBC ones are slightly cheaper and have a marginally better performance recently.
OP has  already transferred onto  the AJ Bell platform, so easier to stay there I think.

The Blackrock Mymap funds are a similar and a direct competitor, the fact sheets suggest that there is a 5% initial charge, for me thats a showstopper. I think it is likely that some/most SIPP providers can get this waivered, however I'm binning mymap and its going to be straight fight between Vanguard LS/own platform and HSBC GS/some platform.

Factsheets show the worst case scenario for charging.  Most investment platforms  do not suffer initial charges.  So, don't rely on factsheets for bid/offer spreads and initial charges (and in some cases, AMCs)

How to know, I'm not going to take the chance of buying a fund only to find out they took several thousand...

You shouldn't have to.   Charges are required to be disclosed before the purchase.  If your platform isn't doing that, then move to one that is.