Junior SIPP Fund Choice

topyam

Want to just deposit a lump sum each year, and forget it - just leave it to grow really....

Thinking of using the Fidelity platform due to the low fees.

Narrowed it down to these ones....

Fidelity Index World

HSBC FTSE All‑World Index Fund

Had looked at Vanguard LifeStrategy 100% Equity or the 80% one too - though fee is higher

What are people's thoughts on these?

Notepad_Phil

Given the very long term nature of this, then like you I'd have no worries in going 100% equities invested across the globe. The vanguard 100% fund is overweight in its UK allocation, whilst the Fidelity fund holds less companies than the HSBC, so my preference would be the HSBC FTSE All‑World Index Fund which is still cheap to hold (though minutely more expensive than Fidelity) and at least according to the stats seems to have a bit less invested in the US than the Fidelity does so slightly more country diverse (though how much that matters is a matter of opinion).

dunstonh

VLS100 gives you managed asset allocations with a home bias.
HSBC FTSE All‑World Index Fund follows the weightings of the FTSE all World Index
Fidelity index world follows the weightings of the MSCI World (Net Total Return) Index

So, which weightings do you prefer?  

There are also other global trackers that will follow different benchmarks and give you different weightings.

topyam

I genuinely don't know
just want to put it into some funds and leave it to grow really

Albermarle

topyam said:

I genuinely don't know
just want to put it into some funds and leave it to grow really

In the great big world of thousands of investments choices, the three you mention are very similar types, so any performance differences over the long term will not be that significant.
The HSBC and Fidelity ones are a 'toss of a coin ' choice.
The VLS100 has a higher charge and a much higher % of UK based investments within it.

bolwin1

There's not a massive difference between the first 2 - they just track slightly different groups of countries / companies (with a lot of overlap). As a result, performance is very similar. VLS100 has a significant UK bias. If you think the UK economy is going to perform better (on average) than other countries, go for that one, otherwise go for one of the other 2. FWIW, my SIPP is invested around 80% in HSBC FTSE All‑World Index Fund, but I'd be equally happy with the Fidelity one. 

Albermarle

Had looked at Vanguard LifeStrategy 100% Equity or the 80% one too 

Of course the 80% one is a different animal to the other three, as it contains 20% bonds.
In theory at least it will grow a bit less but will be less volatile. However in certain types of bear market where equities are struggling over a period of many years, it would probably perform the best.