The Lemon Fool

Hello, newbie here. I recently moved an old workplace pension to a SIPP. I would like to invest into low cost equity tracker funds. Not keen on a global tracker due to high US exposure. I also prefer well-established UK domiciled funds and physical replication where possible (although I have made some exceptions).

I've identified seven funds to invest into. They all seem to be available through Halifax, which is my SIPP provider. I would welcome a sanity check from people here in case I am missing anything obvious. I am happy with the investment split but not sure if I have chosen the best funds. In particular, there seem to be several share classes available for the L&G funds, but the only ones available on Halifax are the "I" class. I thought they were for institutional investors only. Totally confused.

25% - Vanguard US Equity Index Fund, GB00B5B71Q71
25% - Vanguard FTSE UK All Share Index Unit Trust, GB00B3X7QG63
5% - Vanguard Global Small-Cap Index Fund, IE00B3X1NT05
25% - Legal & General European Index, GB00B0CNGR59
8% - Legal & General Japan Index, GB00B0CNGW03
7% - Legal & General Pacific Index, GB00B0CNGY27
5% - iShares Emerging Markets Equity Index Fund, GB00B84DY642

Thanks!

Often platforms will negotiate access to the institutional share classes for their customers. They have lower fees.

Bear in mind that the institutional share class may have a 1 million minimum investment but across Halifax’splatform they may have multiples of that. The fund provider will just see the holder as “Halifax as nominee” or similar holding £100,010,000 of their fund (or whatever). They don’t know that the £10k is you and the rest is all the other investors.

Ah that makes sense thank you

Hello Pauper 69 , a question , are you selling your workplace pension positions and re investing the money into what you mention , or are these new investments .

I moved to the SIPP and bought some funds without doing much research. Now I have done some research so am looking to change funds within my SIPP. I will not be adding to the account so it will just sit there.

Hi pauper79, my top 2 investments are VWRL Vanguard Global ETF - 57% US equities, and Vanguard lifestrategy 60% Equity A Acc - 29% US equities. IMO long term can't really go wrong with these, as you're investing in the entire market. Cheers, Adam