ISA Funds

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Discussion

Matt..

Original Poster:

3,602 posts

190 months

Sunday 25th September 2016
quotequote all
I'd like to expand the number of funds within my S&S ISA. At the moment i have two, Vanguard Life Strategy 60 and CF Woodford. The amounts in the account are very low, but i've just started out and am looking at 5yr+ investments (likely longer). The money in this ISA isn't strictly required, so i don't mind exposure to risk.

Does anyone have suggestions for funds to buy into?

I'm a little unsure of where to go with purchases at the moment due to 'Brexit'.


Thanks

Matt..

Original Poster:

3,602 posts

190 months

Sunday 25th September 2016
quotequote all
Ginge R said:
Matt,

If the volumes that you have are really low, let your money grow steadily in something very low risk, and with low volatility. If you're heavily in equities and take a hit at outset, you get clobbered and it's even more difficult to recover. It's best to get traction first. So, if you don't have a cash fund, build it up in the bank first, or consider investing in something like Vanguard Life Strategy 40 or L&G Multi Asset which should offer you lower swings in performance. There are some very good robo advice propositions out there too, but if you're just starting out and have nothing else, get your cash fund sorted out first.
I have cash funds, so this S&S ISA isn't strictly required, it's just a bit of investment fun that hopefully gains a little money.