ii - how to list all funds and ETFs they offer?

sausage_time

Most SIPP platforms let non-account holders list all funds available on the platform, for example this for AJ Bell

https://www.ajbell.co.uk/market-research/screener/funds

I can't see anything similar for ii though - only list of the top 10, etc.  Am I missing something?

LHW99

if you go to the home page, and use the dropdown arrow beside "Investing", on the top menu it allows you to look at "all shares", "all funds" - any help?

sausage_time

LHW99 said:

if you go to the home page, and use the dropdown arrow beside "Investing", on the top menu it allows you to look at "all shares", "all funds" - any help?

Does not help, sadly!  This is what I see under "See All Funds" for example (similar for Shares).  There are lists of the top 10 most bought, but not what I expect to see.  Perhaps you already have an account @LHW99 and are logged in?

QrizB

I've got an ii account. Are you looking for any fund in particular? I can take a look-see?

sausage_time

That's very kind @QrizB!  I'll more than likely just open an account in any case and check before kicking off a transfer.   I'm not looking for anything out of the ordinary.

Not seeing many ii horror stories, and certainly a lot more cost effective than Aviva!

QrizB

No worries, I've only got 3p in my ii account at present but haven't closed it in case I want to move back to them in future

I had no problems at all while I was with them but switched my SSISA out to iWeb when ii changed their charging structure a couple of years ago.

hara____

The main search function on ii is quite good and anyone can use it. Whether you search for a specific ETF or "FTSE 100" it gives clear results.

sausage_time

hara____ said:

The main search function on ii is quite good and anyone can use it. Whether you search for a specific ETF or "FTSE 100" it gives clear results.

Perfect, thanks!

Newbie_John

I do think lack of visibility is done on purpose.
One fund I have has about 0.84% fee and was trying to understand what's best platform to buy it on - HL has it at reduced fee to 0.4% but with their fee it's back to 0.84%, similar with Barclays it's something like 0.59% and with their 0.25% fee it's back to 0.84%. So even if two platforms have very different fees 0.44% vs 0.25% - the costs the same.

sausage_time

Newbie_John said:

I do think lack of visibility is done on purpose.
One fund I have has about 0.84% fee and was trying to understand what's best platform to buy it on - HL has it at reduced fee to 0.4% but with their fee it's back to 0.84%, similar with Barclays it's something like 0.59% and with their 0.25% fee it's back to 0.84%. So even if two platforms have very different fees 0.44% vs 0.25% - the costs the same.

That's very interesting.  Can you share exactly which funds?  I'd always assumed the fund fees were internal to the fund provider but this indicates otherwise.  With Aviva all my funds end in "S6" and seem specific to that Aviva platform.  But I'd expect HL and ii to both use identical funds (and fees).

ColdIron

sausage_time said:

Newbie_John said:

I do think lack of visibility is done on purpose.
One fund I have has about 0.84% fee and was trying to understand what's best platform to buy it on - HL has it at reduced fee to 0.4% but with their fee it's back to 0.84%, similar with Barclays it's something like 0.59% and with their 0.25% fee it's back to 0.84%. So even if two platforms have very different fees 0.44% vs 0.25% - the costs the same.

I'd always assumed the fund fees were internal to the fund provider but this indicates otherwise.

Not really. Fund fees are internal to the fund and will just affect the unit price (no bill). Platform fees are explicit and carry a charge to your account

Some platforms offer discounts an a small range of funds, and the discounts will differ. The platforms persuade the fund house to (usually but not always) offer a different class of the fund (A, B, X etc) with a lower charge (OCF) to drive clients to their offerings to their mutual benefit

HL negotiated a smaller OCF which is offset by their higher platform fee while Barclays got a lower discount but have a lower fee

Most are not discounted