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  • FIRST POST
    • pip895
    • By pip895 7th Jan 18, 1:39 PM
    • 577Posts
    • 321Thanks
    pip895
    S&S Isa on HL Charges
    • #1
    • 7th Jan 18, 1:39 PM
    S&S Isa on HL Charges 7th Jan 18 at 1:39 PM
    I am considering converting my HL S&S Isa from funds to ETF's does anyone know if the 45 fee cap applies to the wrapper or the individual shares/ETFs.

    If I have 10x ETFs, will I be charged just 45 or 10x45 i.e 450?
Page 1
    • ColdIron
    • By ColdIron 7th Jan 18, 1:51 PM
    • 4,250 Posts
    • 5,371 Thanks
    ColdIron
    • #2
    • 7th Jan 18, 1:51 PM
    • #2
    • 7th Jan 18, 1:51 PM
    It's charged at the account level not on each individual ETF. The 0.45% fee on all your ETF holdings will be capped at 45
    • le loup
    • By le loup 7th Jan 18, 2:00 PM
    • 3,816 Posts
    • 3,783 Thanks
    le loup
    • #3
    • 7th Jan 18, 2:00 PM
    • #3
    • 7th Jan 18, 2:00 PM
    The 0.45% fee on all your ETF holdings will be capped at 45
    Originally posted by ColdIron
    ....... including any share or Investment Trusts.
    • Alexland
    • By Alexland 7th Jan 18, 2:04 PM
    • 2,545 Posts
    • 1,928 Thanks
    Alexland
    • #4
    • 7th Jan 18, 2:04 PM
    • #4
    • 7th Jan 18, 2:04 PM
    Just remember to factor in any trade costs but yes sounds sensible if you can find equivalent ETFs to your current investments. There are still cheaper platforms to trade and hold an ETF ISA such a iWeb and Jarvis X-O.
    • A_T
    • By A_T 7th Jan 18, 2:36 PM
    • 438 Posts
    • 286 Thanks
    A_T
    • #5
    • 7th Jan 18, 2:36 PM
    • #5
    • 7th Jan 18, 2:36 PM
    One thing to watch with ETFs is that the OCF is often more than than their fund equivalent - particularly with index trackers.
    • pip895
    • By pip895 7th Jan 18, 2:49 PM
    • 577 Posts
    • 321 Thanks
    pip895
    • #6
    • 7th Jan 18, 2:49 PM
    • #6
    • 7th Jan 18, 2:49 PM
    That's Great - thanks for that - I originally assumed it was based on the platform, then looked again at their costings on line, thought it was a bit ambiguous and started to panic.
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