Buying Bonds - Jupiter
Buying Bonds - Jupiter
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bad company

Original Poster:

21,505 posts

290 months

Monday 8th April 2024
quotequote all
I’m in the process of leaving Hargreaves Lansdown and moving to IWebb. In my HL portfolio I hold some Jupiter Strategic Bonds, class Z, ISIN GB00BN8T5596. IWebb seem to offer a different class of the same bond but label it as a Global Strategic Bond, Class I, ISIN RWAABD.

I’m struggling to work out the difference and what it might mean to me. Can anyone here help?

bitchstewie

64,412 posts

234 months

Monday 8th April 2024
quotequote all
It's a different class of unit for the Jupiter Strategic Bond Fund.

Depending how your platforms handle it you may be able to switch the unit class or you might have to sell to cash and re-purchase.

I'd ask either HL or IWeb to confirm.

xeny

5,438 posts

102 months

Monday 8th April 2024
quotequote all
Looks to have a different ongoing charge:

Z is 0.72% from https://www.fidelity.co.uk/factsheet-data/factshee...

I is 1 and a gnat's generative organ % from https://www.charles-stanley-direct.co.uk/ViewFund?...

Edited by xeny on Monday 8th April 13:18

bad company

Original Poster:

21,505 posts

290 months

Monday 8th April 2024
quotequote all
Thanks guys, think I’ve got it now. Very confusing though.