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Original poster

H&L New fund launch. £1 offer what does it means?

17 replies

Eateneasterchocsalready · 27/04/2019 09:00

Can anyone say what this means? So new global fund launching, about 30 too 40 companies.

Offer price now is £1.
After launch price will Go up and down.

OP posts:

PenguindreamsofDraco · 27/04/2019 09:10

It's the purchase price, so if you spend £1,000 you get 1,000 units. Then, as with any shares, the price per unit could go up or down. So in a year your 1,000 units could be worth £500 or they could be worth £2,000 (for example).

Original poster

Eateneasterchocsalready · 27/04/2019 09:12

Thank you. I guess what I'm after is context.
Is this a good price, generally do funds price become worth more than £1. Is this a sort of cheap price. I know people can't categorically say but I'm hoping someone who has some fund type investment know there unit's are worth more.

OP posts:

LarkDescending · 27/04/2019 09:46

I am invested in a range of funds, some from launch. None of those I have been in from launch have gone down. But as usual, the past is not a reliable guide to the future.

I haven’t yet decided whether to go into the new HL global fund, but may do.

LarkDescending · 27/04/2019 09:50

Having a look at my numbers, it is fair to say that the ones I have been in from launch have gone up more than the ones I went into which were established.

But please take this only as the anecdote that is is, and not as advice.

Original poster

Eateneasterchocsalready · 27/04/2019 10:04

Lark thanks. Im not sinking family silver into it just wanting context to see if it's worth a punt and if anyone else has done same.

My thinking is, even for next few years the managers will be on the ball to keep this fund doing well... so it's unlikely to go down or do badly thru poor choices.

OP posts:

LarkDescending · 27/04/2019 10:10

Yes I tend to agree - with their moniker on it they will want it to do well, insofar as they can control that. I will probably buy in to a modest extent.

Original poster

Eateneasterchocsalready · 27/04/2019 10:17

Lark if you can get in early and fund goes up area you likely to make more profit

OP posts:

LarkDescending · 27/04/2019 12:43

If it goes up you are in profit, if not you’re not! But as I say my experience with getting in at launch has been favourable (so far) in terms of gains.

Original poster

Eateneasterchocsalready · 27/04/2019 17:22

Thanks lark's.

I wondered If a pound is very cheap for these things.
That usually they will be 5 pounds per unit.

I think I will Go for this offer and put small amount in , hopefully through my sipp.

OP posts:

RosaWaiting · 27/04/2019 17:28

sorry, no idea what everyone is talking about

link please? thanks.

Teddybear45 · 27/04/2019 17:29

Yes it is cheap for a global fund. I have several funds which I have invested in from launch (ie £1) and most of them are now worth £5-10 per share. I invest monthly to spread risk so my rewards are limited but I have still doubled my money on some funds in 5 years. If you invest as a lump then your returns could be huge but be prepared for short term blips - you shouldn’t really invest if you can’t afford to lose money in the short term.

LarkDescending · 27/04/2019 19:49

@RosaWaiting Hargreaves Lansdown new fund launch

RosaWaiting · 27/04/2019 20:22

Lark thank you.

Original poster

Eateneasterchocsalready · 27/04/2019 22:43

Teddy I have not started to invest yet. I inherited a 7 grand isa. It lost money but I think that's because stock market was down anyway. . but one fund was dog fund.

I've been doing as much research as I can.
From what it seems the longer one wants to invest the better.
And low cost tracker funds do well.

So most will do that. However with small amount I want to be more adventurous.

So will invest in this fund, buy actual shares with some IE play around with some.

I'll also drip feed in mostly rather than buy in one go.

OP posts:

Teddybear45 · 28/04/2019 00:08

Buying shares directly isn’t really worth it unless you find a good bargain or do it for a company that has a investor policy that ‘guarantees’ dividends (eg HSBC). If you want to keep your investment as low risk as possible (bearing in mind that global funds tend to be considered higher risk) then funds might be a better option than shares.

Also explore UK related funds. Prices are believed to rise post-Brexit (maybe not immediately but definitely longer term).

Original poster

Eateneasterchocsalready · 28/04/2019 08:05

Thanks teddy.
I'm not totally set yet on what to buy. I have eye on a few things and wanted a global fund and will look to UK as well. .
When I'm looking though I am struggling to see what units were worth before too see if they have gone down or up now!

Charts not the same.

The other thing I'm struggling with is all the d class , a class Etc. .
. finally will that h and l new fund give you dividends ? Will it re invest itself?

OP posts:

mysteryfairy · 28/04/2019 08:47

You can select either income or accumulation for the new HL fund mentioned.

You can’t see any history for this fund as it hasn’t launched yet, but you can get graphs from 1 day to 5 years on HL for the funds they deal in.

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