AXA Self Investor Stocks & Shares ISA

AXA Self Investor Stocks & Shares ISA

Author
Discussion

M7 ATW

Original Poster:

83 posts

147 months

Thursday 16th April 2015
quotequote all
Evening,

I'm looking to set up a stocks and shares ISA and am considering the AXA Self investor one, as if it's set up before 30th April 2015, you do not pay no account fee until 1st May 2016.

I've downloaded the financial summary factsheet, but I'm struggling to assess what shares I can purchase and can this be a mixture of selected shares and funds?

Ideally id like to have the odd flutter on some AIM shares and then some safer funds i.e. Fidelity & Vanguard etc.

As you can probably guess, I'm totally new to these products therefore i'm after any general advice or pointers.

Thanks

inoffensivename

1 posts

108 months

Friday 17th April 2015
quotequote all
It's just funds at the mo. Spoke to someone in their cust serv team a while back and they said something like 'it's being looked at', so I think maybe share dealing in the future...

walm

10,609 posts

202 months

Friday 17th April 2015
quotequote all
Looks like funds only to me (1,250 of them).
https://www.axaselfinvestor.co.uk/isas-and-more/ch...

No individual equities, AIM or otherwise.

M7 ATW

Original Poster:

83 posts

147 months

Friday 17th April 2015
quotequote all
Ah thanks - that's very helpful.

Does anyone use an alternative S&S ISA that might fit my requirements that's fairly reasonable on charges?

Because I'm not particularly familiar with the terminology and charges, it's can be quite difficult to compare the true charges for the various products.

Thanks.

Ginge R

4,761 posts

219 months

Saturday 18th April 2015
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I considered an execution offering for clients a while back and looked at this particular architecture. My feeling was that it was quite clunky and although "due to be evolved", not much has happened. These offerings form part of a share-steal war at the moment, there's not much thought being given to functionality and proposition - hence the offer being dangled.

AIM worries me. Well, worries is a bit strong. But it offers so many downsides currently. Would I invest in AIM right now, with so much uncertainty hanging over the political direction of the country? If you're currently parked in cash, you might consider just sit there tapping the wheel and humming to yourself for a bit, in neutral, with the engine just running.

M7 ATW

Original Poster:

83 posts

147 months

Saturday 18th April 2015
quotequote all
Hi Ginge - thanks for your comments.

I understand your concerns with AIM, but these would only account for a few riskier 'punts' if you would, with the bulk of the money going into funds. I am not talking about huge amounts of money, but rather just to try to develop some long term savings.

I've started looking into some of the funds available, but for a novice there's a lot to get your head round.

Thanks again