Hello. first post, sorry for anything I need to be sorry for!
I have ISAs and SIPPs in other places, including e.g. Hargreaves Landsdown.
I’m looking for somewhere to put about 400k. (Yes aware of 85k limit)
I move / rebalance funds moderately frequently, so I want them to be quick about it. HSBC bank take a week, HL are about 3 days usually. How long to switch an ETF at IEng? I also use a trading patform where it’s free and instant.
What I have enjoyed at HL more than some other places is:
A good range of funds
A pretty good website
Help at hand.
I see a few problems at I Eng. Perhaps you can tell me what I’m missing?
1) There’s no fund screener, so I presume I’m expected to use Morningstar/ETFScreener etc to find them. But I will see ETFs elsewhere which aren’t here - annoying. I could create an excel spreadsheet and scrape numbers but that’s a chore.
2) There are no OEICs, which is what I mostly use.
Three ish I’ve used recently are
Jupiter India (90% in 29 mnths. It has gone flat , but I held it for a year for 55%)
Baillie Gifford America B - designed to beat the SPY, (80% in 29 mnths)
MAN GLG Dynamic IH (bond, Ireland based) Recently they dropped the “GLG” so it’s called
MAN DynInc
MAN MAN DynInc etc
for some reason! (68% in 29 mnths and nicely smooth)
There are a few Tech funds which beat XLK (tech sector etf) one shown. (80% in 29 mnths)
I tend to hold Baillie G & Tech until the indicator persuade me to go to the Bond at MAN for a while. Some small caps and financials too at the moment.
3) There are no leveraged ETFs. Risky I know but I have used some of those to good effect.
The 400 came from 50 put into 3NVD for a couple of months. (Thousands % in 29 months)
Here’s the track records since July 2022, so 29 months or so. Can IEng compete, with ETFs which are not single stocks?
A couple are on there for reference, like the SPY500 which I don’t tend to use. (A mere 50% in 29 months) Because there’s always something better.
Thanks for any help
Suzy