Discussion
What are their costs?
Many studies, including some recently published in the FT show Investment Trusts being better value over time than Mutual Funds/Unit trusts etc.
Id be looking at costs. You dont want to pay a penny to buy in. And a minimal ammount annually.
80% of fund managers fail to beat the market, so perhaps look at passive trackers too?
Many studies, including some recently published in the FT show Investment Trusts being better value over time than Mutual Funds/Unit trusts etc.
Id be looking at costs. You dont want to pay a penny to buy in. And a minimal ammount annually.
80% of fund managers fail to beat the market, so perhaps look at passive trackers too?
Jupiter funds generally have an initial charge as well as the annual one, though platforms such as Hargreaves Lansdown will discount most of that if you buy through them.
As mentioned HSBC have a range of tracker funds with a 0.25% annual fee.
With £30k to invest I certainly wouldn't be looking at one fund or even one fund manager. You could have a mix of active and passive funds if you wanted as well as some higher risk ones if you have the appetite.
As an aside, I sold a Jupiter fund (UK Smaller Co's) in March this year, since when it has grown around 3.9%. I re-invested the proceeds in a different manager's UKSC fund which over the same period has grown around 13.8%. This doesn't mean that Jupiter are a poor fund management company of course, just an illustration of how performace can vary even in the same sector. This is not advice btw - may contain nuts.
As mentioned HSBC have a range of tracker funds with a 0.25% annual fee.
With £30k to invest I certainly wouldn't be looking at one fund or even one fund manager. You could have a mix of active and passive funds if you wanted as well as some higher risk ones if you have the appetite.
As an aside, I sold a Jupiter fund (UK Smaller Co's) in March this year, since when it has grown around 3.9%. I re-invested the proceeds in a different manager's UKSC fund which over the same period has grown around 13.8%. This doesn't mean that Jupiter are a poor fund management company of course, just an illustration of how performace can vary even in the same sector. This is not advice btw - may contain nuts.
Edited by 5pen on Wednesday 3rd October 11:05
Dear b1,
have you used/are planning to use your stocks'n'shares ISA allowance for a couple of years?
If not then investing through that vehicle will keep the taxman's grubby mitts off some of your profits.
I'd also concur that several fund/managers are a good thing and trackers can indeed have low charges.
There's a lot of research to do in that choice. There are so many funds from which to choose.
I'd plump for a range of risks, managers and trackers.
From Asia (high risk) to distribution fund (low risk).
From Jupiter to HSBC tracker.
Oh, and monitor the performance. If any fund is not performing then move,
regards,
Jet
have you used/are planning to use your stocks'n'shares ISA allowance for a couple of years?
If not then investing through that vehicle will keep the taxman's grubby mitts off some of your profits.
I'd also concur that several fund/managers are a good thing and trackers can indeed have low charges.
There's a lot of research to do in that choice. There are so many funds from which to choose.
I'd plump for a range of risks, managers and trackers.
From Asia (high risk) to distribution fund (low risk).
From Jupiter to HSBC tracker.
Oh, and monitor the performance. If any fund is not performing then move,
regards,
Jet
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