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reddog

Most Trust Worthy Fund Provider?

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I am thinking of drip feeding money into a low cost FTSE tracker fund (fairly conventional)

However one thing that I thought of is how trust worthy are the likes of Fidelity and Legal&General?

Could they actually go bankrupt and take all your money?

Who do you think is the most trust worthy of these type of providers?

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For me it's Vanguard, because it's structured as a mutual. Their ongoing costs are usually competitive compared to equivaent funds, and the information sheets provided for each fund seem to be a lot more useful than some of their competitors, especially in terms of historical data and analysis.

As far as I can tell, money in a fund would count as an investment for the purposes of the FSCS, so you would have up to £50,000 protected if any one organisation went t!ts up.

Edited by acer

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For me it's Vanguard, because it's structured as a mutual. Their ongoing costs are usually competitive compared to equivaent funds, and the information sheets provided for each fund seem to be a lot more useful than some of their competitors, especially in terms of historical data and analysis.

As far as I can tell, money in a fund would count as an investment for the purposes of the FSCS, so you would have up to £50,000 protected if any one organisation went t!ts up.

Hey quick question Vangaurd is what alot of my friends in USA put there money into as well

Do you invest via a platform or direct with Vangaurd?

As far as im aware to be direct with Vangaurd you need minimum of £100k one of my missions is to like the thread start drip feed money into this and wondering what platform is best fee wise

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Hey quick question Vangaurd is what alot of my friends in USA put there money into as well

Do you invest via a platform or direct with Vangaurd?

As far as im aware to be direct with Vangaurd you need minimum of £100k one of my missions is to like the thread start drip feed money into this and wondering what platform is best fee wise

There are multiple Vanguard's. Vanguard in the US is investor.vanguard.com/home/, in the UK it is vanguard.co.uk and there is even a vanguardinvestments.com.au. If you are in the UK then it's likely you will want the UK flavour.

If you invest via a platform then you won't need to invest a minimum of £100k. I've had no problem buying via Hargreaves Lansdown, TD Direct or YouInvest. As far as best platform to use it will depend on the amount you are investing, the number of transactions to build that amount, the wrapper you are buying in (trading, SIPP or ISA) and whether you are going to buy ETF's or OEIC's. The excellent Monevator site has broker comparison table here http://monevator.com/compare-uk-cheapest-online-brokers/

Hope that helps a little.

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There are multiple Vanguard's. Vanguard in the US is investor.vanguard.com/home/, in the UK it is vanguard.co.uk and there is even a vanguardinvestments.com.au. If you are in the UK then it's likely you will want the UK flavour.

If you invest via a platform then you won't need to invest a minimum of £100k. I've had no problem buying via Hargreaves Lansdown, TD Direct or YouInvest. As far as best platform to use it will depend on the amount you are investing, the number of transactions to build that amount, the wrapper you are buying in (trading, SIPP or ISA) and whether you are going to buy ETF's or OEIC's. The excellent Monevator site has broker comparison table here http://monevator.com/compare-uk-cheapest-online-brokers/

Hope that helps a little.

Thanks for that reply and link i shall have a read through Monevator today

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