Moneyfarm v Vanguard

[PleaseUseTheSanitaryBinsProvided]

I’ve had a S&S ISA with Moneyfarm for around a year and, while I appreciate a year is very short term, the returns have been dreadful. I got a year’s actively managed fees for free through an offer somewhere but need to now think whether their service is worth the 0.75% fee.

was thinking of Vanguard due to low fees and ease to choose a split between equity and bonds that better suits me (80/20) - Moneyfarm doesn’t really allow me to do that and I’m currently on a 60% equity, 30% bonds, 10% cash or something.

any thoughts? Or other suggestions? Am I being unrealistic, should I leave it alone?

All fund are down, or flat over the last couple of years.
Are the active fees worth it... have a look at the fund(s) you are in compared to passive funds, have they dropped less?

Never heard of Moneyfarm...? What made you choose them?

Vanguard on the other hand - surely it's a no- brainer.

I have my s & s isa with vanguard

@nannynick thanks, good points - I’ll have a look

You could also consider transferring your ISA to Trading 212 as there is no platform fee. Can invest in a decent range of Vanguard funds on there. Plus a lot of other funds and shares, no buying or selling costs which is great.

No advice though so you'd need to select funds, shares etc yourself.

@Lucanus interesting, thanks. I thought there was no advice with Vanguard either?

@PleaseUseTheSanitaryBinsProvided Yes you're right. Just emphasising that it's a diy option.

You can actually open a non-ISA standard investment account on Trading 212 to see how you like it before making the decision to move your existing ISA (or not). You can access it through phone app or website.

Ignore the CFD option, it's basically gambling on short-term share price movements.

@PleaseUseTheSanitaryBinsProvided If you're interested, Trading 212 have just launched another promo of a free share worth £10 to £100 when you sign up. Link

Moneyfarm are a popular robo-adviser. I work in investing so are confident with picking my own investments but robo-advisers have a place as a halfway house. Their downside is that they're mainly in passive funds.

Returns have been mixed over the last two years. U.K. large caps held firm last year while the U.S. mega cap tech stocks fell considerably, and due to their weighting, so did many global funds. This year it's been the reverse again. There have been lucrative sectors beyond these though.

Personally I prefer actively managed funds to trackers but each to their own. I'd probably say go to one of HL, AJ Bell and interactive investor and pick a diversified range of their recommended active and passive funds.

Thanks @Lucanus and @sep135

I’ll have a look at your suggestions!