S&S ISA Funds Suggestion

thunderroad88

I’d go 80% HSBC All World and 20% L&G Global 100

eskbanker

thunderroad88 said:

I’d go 80% HSBC All World and 20% L&G Global 100

Based on what rationale?

mazibee

I rang HL last week asking them about this fund that will be launched in first week of June 2024

HL MULTI-INDEX ADVENTUROUS CLASS A - ACCUMULATION (GBP) 

and they told me that the holdings of the new fund will be similar to 

HL ADVENTUROUS MANAGED CLASS A - ACCUMULATION (GBP)

Any views on this fund as this fund in funds , US holdings  55.34%,  UK holdings 9.15%

InvesterJones

Up to you if you need more diversity than you'd already get with an all-world tracker - given the more than double fee, that would be some need.

If you accept premise that markets generally increase, lump sum will generally win out. If you don't think markets will increase then have to ask why consider investing in them in the first place. But cost-average can help with the 'what if' worry.

masonic

mazibee said:

I rang HL last week asking them about this fund that will be launched in first week of June 2024

HL MULTI-INDEX ADVENTUROUS CLASS A - ACCUMULATION (GBP) 

and they told me that the holdings of the new fund will be similar to 

HL ADVENTUROUS MANAGED CLASS A - ACCUMULATION (GBP)

Any views on this fund as this fund in funds , US holdings  55.34%,  UK holdings 9.15%

My only view is that it is more expensive than the equivalent Vanguard, HSBC, L&G, BlackRock etc funds and isn't actively managed, so no reason to pay more.

See https://monevator.com/passive-fund-of-funds-the-rivals/

mazibee

I am still in the search for a fund/s for my HL account and found this 

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/f/fidelity-index-world-class-p-accumulation

Any difference when compared to 

https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/h/hsbc-ftse-all-world-index-class-c-accumulation

Both have an OCF of 0.12%

FIDELITY INDEX WORLD CLASS P is on the HL;s Wealth Shortlist , Its Fund size is £7,707 million which is twice that of HSBC but number of holdings are 1472 as compared to HSBCs holding which are 3600.

So I am a bit confused as what to look for in a fund when making a decision to invest,
Fund size, no of holdings, fund launch date  OCF etc 

and which to choose from the above two.

mazibee

Please can someone help/suggest regarding
How much cash must be left in S&S ISA for the fees of the fund of the HL.
What if use the whole amount of £20k to buy the funds, what will happen in that scenario as there will be no cash left to the the fund and the HL fees?

masonic

The HSBC fund includes emerging markets, so is more diversified. The Fidelity fund is developed markets only. Both are 100% equities, so no bonds.

ColdIron

mazibee said:

How much cash must be left in S&S ISA for the fees of the fund of the HL.

That would depend on the amount invested in funds, If it was £20,000 then it would be £90 (20,000 * 0.45%) for a year paid monthly

What if use the whole amount of £20k to buy the funds, what will happen in that scenario as there will be no cash left to the the fund and the HL fees?

They will sell sufficient of your fund to pay their fees

You can choose to have the fees paid from the Fund & Share GIA to maximise your ISA holdings. Just deposit enough with a card to pay for however many months you want, e.g. £45 every 6 months

mazibee

I opted for these.

75% -----HSBC FTSE All World Index Class C - Accumulation (GBP)
15%------Legal & General Global Technology Index Trust Class C - Accumulation (GBP)

10%------Legal & General Global 100 Index Class C - Accumulation (GBP)