I currently hold a number of OEIC funds in both my ISA and SIPP and looking at ways to save fees and earn cashback on the move. I know Freetrade doesn’t offer OEIC’s only ETF’s, so I thought it would be the ideal time to convert my existing holdings with my current provider over to ETF’s.
I currently hold the following OEIC’s (I’ve built them up over years). The fund with the most invested is the Vanguard LifeStrategy (Around 40% of my portfolio), so it is going to take many trades to sell these off (at a cost too) with my existing provider (Interactive Investor).
Aegon High Yield Bond GBP B Acc
AXA Framlington Biotech Fund - Z Acc
BlackRock Gold and General D Acc
BNY Mellon Asian Income Instl W Inc
Fidelity Index UK P Acc
First Sentier StewartInvGlblEmLdrBGBPAcc
FTF Royce US Smaller Companies W Acc
Invesco UK Eq High Inc UK Z Acc
L&G US Index I Acc
Royal London Corporate Bond M Inc
Royal London Sterl Extra Yld Bd A
Schroder UK Dynamic Smaller Coms Z Acc
Vanguard LifeStrategy 100% Equity A Acc
I’m thinking of going for low cost tracker ETF’s of some type (I’m still researching). The bulk I’m expecting to place into one of these.
VWRP - Vanguard FTSE All-World UCITS ETF (0.22% TER)
HMWO - HSBC MSCI World UCTIS (0.15% TER)
WEBG - Amundi Prime All country World UCITS ETF (0.07% TER)
LGGG - L&G Global Equity UCITS ETF (0.10% TER)
All the above seem extremely similar ETF’s, with the main differences being fees and the number of holdings contained within each, with the Vanguard being the highest with over 3,600.
What are people’s thoughts on this - I’d love to hear what people have to say about my planned ETF’s, current portfolio, etc.
Thanks in advance