funds available at FD

[James]

Hi
Apologies if the wrong place to ask, but does anyone know what ETFs are available in First Direct's share ISA. Have googled to no avail and website isn't helping. Partner has a FD a/c and wants to open a shares ISA. I want to know if they have the Vanguard Lifestrategy funds.
J

[mc2fool]

Hi
Apologies if the wrong place to ask, but does anyone know what ETFs are available in First Direct's share ISA. Have googled to no avail and website isn't helping. Partner has a FD a/c and wants to open a shares ISA. I want to know if they have the Vanguard Lifestrategy funds.
J

No idea to the general question, but the Vanguard Lifestrategy funds aren't ETFs, they're OEICs and as far as I can see on a quick look at the FD S&S ISA pages you can't buy OEICs or UTs through them.

[ukmtk]

I have a shares ISA with AJBell.
I think they are relatively low cost and have a large selection of investments available.
There regular saver is quite good but narrows the choice available a little.

[mc2fool]

I have a shares ISA with AJBell.
I think they are relatively low cost and have a large selection of investments available.
There regular saver is quite good but narrows the choice available a little.

And charges an ad valorem 0.25% for OEICs and UTs up to £250,000. Not as bad as some other brokers but damn expensive for any notable amount.

The really low cost option for holding OEICs/UTs is IWeb. No holding fees or annual charges at all.

[ukmtk]

AJBell ISA is capped at £3.50 per month for shares, ITs & ETFs.
It is similar with Hargreaves - I only pay £200 per year for them to hold £300K.

[mc2fool]

AJBell ISA is capped at £3.50 per month for shares, ITs & ETFs.
It is similar with Hargreaves - I only pay £200 per year for them to hold £300K.

Yes, and (like HL) not capped for OEICs/UTs, which is why you're paying £200 per year more than you would with IWeb.

Remember, the OP was asking about holding the Vanguard Lifestrategy funds.

[apb123]

I would avoid Bank linked investments. They are generally opaque and expensive.

Get her to open a vanguard account and buy Lifestrategy.