2 ms·
> Index funds charge around 1% per year. You're getting ripped off, you should be paying a small fraction of that.
by lmm 2y ago
> Index funds charge around 1% per year.
You're getting ripped off, you should be paying a small fraction of that.
- hermitcrab 2y agoVanguard UK charge 0.06% to 0.6% per year on their index funds: https://www.vanguardinvestor.co.uk/what-we-offer/all-products https://www.vanguardinvestor.co.uk/what-we-offer/all-product... Plus a 0.15% account fee: https://www.vanguardinvestor.co.uk/what-we-offer/fees-explained https://www.vanguardinvestor.co.uk/what-we-offer/fees-explai... Most others charge more.
- lmm 2y agoThat 0.6% one is actively managed. The true index funds on that list are charging 0.2% or less (0.12% for most of the ones you'd want). So 0.27%-0.35% all-in. I stand by 1% being be a rip-off.