Low cost Investment fund for suplus cash held within SIPP

[villageidiot]

Any advice would be really appreciated,. I would describe myself on the scale of risk as an 8 ( the scale, 1 being most cautious and 10 being Adventurous)
I am looking at this over a term of 10 years. I feel that the paid advice i have taken in the past steered me towards funds that benefited the advisor.
I believe that the SIPP gives me the flexibility to choose my own fund. I feel the sensible thing to do is aim for a fund with low running costs.
The figure i had in mind to invest was £50K ,

[Zoon]

I'm no financial advisor but UBS S&P500 is only 0.09% ongoing charge and has always performed well for me on a similar amount invested.

[av185]

FTSE 350 tracker.

c 0.1% fees.

[hyphen]

Look at listed investment trusts, and ETFs

[CornishRob]

Speak to the guys at Intelligent Money

[Zoon]

av185 said:

FTSE 350 tracker.

c 0.1% fees.

Difference being S&P would have trebled your money since 2006, the 350 has remained at more or less the same.

[bitchstewie]

Cheap simple life going with the flow?

Vanguard FTSE All-World UCITS ETF - VWRL

[xeny]

I'd second the VWRL suggestion as a good default choice especially if you're looking as a low cost option.

What do you currently have money invested in though? It's useful to look at investments holistically rather than in silos, so they complement each other rather than ending up either as eggs all in one basket, or expensively (i.e. high fees) owning such a diverse portfolio it might as well all be in a cheap broad index tracker.