Should I save into a Lifetime Isa and would my Help-to-Buy Isa be closed if I do? Workers’ how much do investment bankers earn uk deductions triple to 2. The Devon home that looks like a luxury treehouse!
Can I transfer some cash in my existing stocks and shares Isa to open another through a robo-adviser and invest in both at the same time? Will you be a tax winner or loser this year? Association of Investment Companies report reveals. AIC, while almost two thirds have a TER under 1. That compares to annual management fees of 1. 12 months all with fees below 0.
ETF provider db X-tracker’s FTSE 100 product has a TER of 0. FTSE All-Share ETF has TER of 0. The trust with the lowest TER, Independent Investment, charges just 0. It currently trades at a discount to net asset value of 9. The AIC said that the average TER for investment companies was 1.
Separate figures from fund data specialist Lipper shows that excluding property and more specialised sectors, the average investment trust TER is 1. Fans of investment trusts highlight how investors can target strong management with low fees. One high profile example is Edinburgh Investment, managed by investing star Neil Woodford, which has a TER of 0. That compares to Woodford’s hugely popular Invesco Perpetual High Income, up 22. Woodford took over the Edinburgh Trust after its board took action over poor performance and switched managers. Investors hope that Woodford can deliver the same stellar returns that he has done with his Invesco Perpetual funds. 2,850 over the past decade and tops the performance charts in the global growth and income sector.