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fidelity isa - how i do choose funds?

5 replies

greencrosscode · 09/04/2021 23:02

there are about 30,000...

i don't think i can even read the charts...

ongoing charge
transaction charge
historic yield

do i subtract the top 2 figures from the bottom?

OP posts:
CookieDoughKid · 10/04/2021 07:34

Go for a managed fund like Wealthify. It's much easier. . I can send a referal code and we get £25 each.

JellyBellies · 10/04/2021 08:10

I chose one of their manages funds

nannynick · 10/04/2021 09:24

I would look at low cost funds, so where the Ongoing Charge is low., below 0.5% the smaller the better. Then compare the transaction costs, a low TC means it does not churn the assets in the fund that much, aim for as low as possible.

I would look at funds that do it all for you. Fidelity may have their own ones, I don't use that platform so I don't know.

Some funds to look at are Blackrock MyMAP and Vanguard Lifestrategy.
Or look at something that tracks a global index like a FTSE Global All Cap or MSCI World.

Fidelity may offer ready made portfolios, take a look at those.

Your general aim is to get low cost, wide global diversification.

SwimBaby · 10/04/2021 12:15

This reply has been deleted

Message withdrawn at poster's request.

Weirdlynormal · 10/04/2021 22:31

I'd relook at that @swimbaby

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