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Going solo

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Comments

  • Qyburn
    Qyburn Posts: 4,042 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    The counterbalance factor is that HL charge transaction fees (£11.95?) to buy and sell ETFs but not OEICs.

    So monthly contributions could go into an OEIC (in fact I think you can set up regular investing via Direct Debit, unless that's just for ISA and not SIPP). Then annually empty the OEIC into the chosen ETF.
  • BobR64
    BobR64 Posts: 58 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    If it's a regular monthly payment into an ETF, HL do not charge anything.
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