Selling OEIC Funds to buy ETFs - How long out of investing and thoughts on ETFs?

BigBlueSky

InvesterJones said:
Only you can answer if the added complexity makes the fee saving worthwhile. Would you still think it worthwhile if the single fund was 0.15% TER rather than 0.22%? (ie FWRG) Will you be able to leave it alone if the two funds start diverging in performance?

Looking back, I wish I had gone for simplicity - I'm in the process of consolidating as well.

Yes, I would more than likely leave it alone even if the two funds diverge.

I suppose if the FWRG is almost idential to the VWRP but at 0.15% instead of 0.22% then that is definitely an option.  Although the combined VHVG+VFEG would still be equivalent to 0.13% until they start to diverge, although even on say £400,000 that would only be £80 per year difference.

jd84

coyrls said:

I think letting your choice of platform determine your investment choices is a case of the tail wagging the dog.  I think you should choose your investments based on your investment strategy, as Linton suggests and then choose the most appropriate platform on which to hold those investments.

Agreed.

If the primary reason is to save on fees, you need to evaluate what you're spending now, vs. how much that could be elsewhere . How often you buy or sell, etc.

If the intention is just to buy and hold, you may be better keeping what you've got but transfering over to a lower cost platform which caters for that approach.