Jump to content

Recommended Posts

Hi,

I've been using the smart portfolios for GIA and some ISA for over two years and have to say that compared to my funds held with HL and other using a wealth manager they have faired better before and post corona. I am thinking of moving money away from the Wealth Manager as roughly charges of 2% really don't seem worth it. They are very disparaging about smart portfolios! Any advice about the IG SIPP would be greatly appreciated.

Many thanks

  • Like 1
Link to comment
  • 1 month later...

Hello, I am pretty much on the same boat . 

I am only using the smart Portfolio, but thinking about making slightly more active by changing Risk Profile every once in a while (at most 3-4 times a year).  Obviously, there will be some transaction costs and I am OK with that.

I was wondering if, there is any limitation how often and how many times a year you can adjust the portfolio between the 5 predefined risk levels?

Any answers would be much appreciated. Thanks!

  • Like 1
Link to comment
  • 3 months later...
On 23/04/2020 at 15:27, grayswood said:

Hi,

I've been using the smart portfolios for GIA and some ISA for over two years and have to say that compared to my funds held with HL and other using a wealth manager they have faired better before and post corona. I am thinking of moving money away from the Wealth Manager as roughly charges of 2% really don't seem worth it. They are very disparaging about smart portfolios! Any advice about the IG SIPP would be greatly appreciated.

Many thanks

Hello,

I work in the IG Investments team and I'm glad to hear your pleased with your IG Smart Portfolio performance. We've also been extremely happy with how they've performed - our multi-asset portfolios have beaten their benchmarks by +7.1% over the last 12 months!

IG Smart Portfolio SIPPs work in the same was as your GIA and ISA accounts, the only difference you should be aware of is that James Hay, who administer IG SIPPs, charge a yearly admin fee of £205. 

On 12/06/2020 at 08:08, MM_Smart_Port said:

Hello, I am pretty much on the same boat . 

I am only using the smart Portfolio, but thinking about making slightly more active by changing Risk Profile every once in a while (at most 3-4 times a year).  Obviously, there will be some transaction costs and I am OK with that.

I was wondering if, there is any limitation how often and how many times a year you can adjust the portfolio between the 5 predefined risk levels?

Any answers would be much appreciated. Thanks!

For your question on changing risk profile, there is no limit on how many times you adjust your risk profile. Also, we do not charge a transaction fee for doing this - the cost to you would be the difference in the Bid/Ask spread.

Happy to answer any other questions you may have.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...