Trading 212 funds - Updated with portfolio thoughts

Niv

I am considering transferring a (currently managed) S&S ISA to Trading 212 as they don’t seem to have any charges and I have a cash ISA with them, however I am struggling to find a list of ETFs they offer to decide if they are right for me. Does anyone have a link or some insight they can offer? I am primarily looking for a ‘balanced’ global tracker fund so presume they have something that will fit but thought it worthy of asking here.

Also, I have never transferred an ISA before. What is the process of transfer? Do I move the thing as is or do I have to sell my holdings then transfer the cash to a new S&S ISA? If I can move the funds then I have no idea if the holdings I have are on T212’s platform so what happens if I transfer a fund they don’t support? Does it just sell and add the cash or does it stay in my old ISA?

Also, anyone have any red flags etc for 212? Should I just go mainstream, like AJ Bell?

wmb194

https://forums.moneysavingexpert.com/discussion/6654548/trading-212-funds

There’s a page on its website where you can search.

https://www.trading212.com/trading-instruments/invest

To transfer an Isa you tell Trading212 to do it for you. You can transfer in specie if T212 offers the same securities otherwise they’ll be sold and the money transferred.

I like Trading212 far better than AJ Bell.

DavidT67

Worth considering FreeTrade, they have a transfer cashback offer on currently and support a wider range of instruments than Trading212.

jifmoose

You're likely aware of this, but in case not: Trading 212 doesn't have any unit trusts or OEIC funds - just ETFs.

Nothing to worry about in terms of trustworthiness of the platform. As I understand it, it's an offering of a well-established brokerage.

As well as searching the catalogue above, it should also be possible to create an account, even for the S&S ISA, and put it in "practice mode" - then you can see everything available and experiment with the interface etc.

masonic

https://forums.moneysavingexpert.com/discussion/comment/81876935#Comment_81876935

Their ETF list is more limited though. In some cases they only offer the USD version of an ETF (perhaps to make money from forex), while in others they don't support any class of an ETF.

I want to transfer to them, but it's going to have to be limited to the two of my holdings that they do support (T212 will gain from this).

Niv

https://forums.moneysavingexpert.com/discussion/comment/81877412#Comment_81877412

I did think of that but I thought I had to open an account with at least £1 and I do not have any allowance left this year.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81878160#Comment_81878160

In your OP you state that you have a Cash ISA with T212. It's a flexible Isa: withdraw a pound from it and put it in the S&S Isa. It might give you an option to transfer a pound directly from the Cash ISA to its S&S Isa as well.

Niv

I hadn't thought of that, not really been an issue before.

Niv

I have managed to open in practice mode without adding any funds. The portfolio builder I find really easy to use. If I have picked sensible ETFs is debatable but I can see how it performs for a bit before I go live. Thank you for pointing that out @jifmoose

My main issue will be weightings and knowing where i want to be in each area.

jifmoose

Ah nice, I hoped that would be possible. Yeah the user interface is really good IMO!

Niv

Thanks for the feedback so far. After doing some further research into portfolios I have compiled a couple of options I would like to offer up for feedback.

I have around £30k to put in, the aim of the fund is to accumulate for 10-15 years to allow for early retirement (at approx. 62) ahead of pension payout at 65. I have not added any bonds etc as the pension is in a lifestyle portfolio which increases the amount of bands the closer I get to retirement so do not want to be to loaded with them.

Portfolio 1

50% VWRP - all world

20% VDPG - Developed Asia pacific ex japan

10% VEUA Developed Europe

10% VFEG Emerging Markets

10% VJPB-LSE Japan

The thought here is to diversify a bit away from US.

Portfolio 2

60% VWRP All world

15% VFEG Emerging markets

10% Developed Asia Pacific ex Japan

10% VEUA Developed Europe

5% VJPB-LSE Japan

Thought number 1 might be a little Japan heavy

Portfolio 3

80% VWRP All world

20% VFEG Emerging Markets

Thought is, am I overthinking this in the above, and picking only a couple of broad funds to start with may be all I need to do initially.

Open to suggestions, please go a little easy on me, I have done some research but am new at this. I have looked at where each fund invests and have tried to take that into account when trying to obtain a balance.

I cautiously await reply!