Small time drip feeding - how to keep fees low?

[seismic22]

Hi all,

I'm looking for some help in ascertaining what from a fee perspective, the best platform/fund combos are for drip feeding in circa £50 a month into a global tracker in a JISA and & drip feeding anywhere between say £750 a month into a global tracker in an ISA.

I've done my reading but cant quite conclude the best combinations, there just seems to be a minefield of variations accross platforms alone and its the drip feeding element I am most unsure about.

Can anyone offer any advice please? I am of course concerned about getting the best out of investments for myself and my wife but I in particular want to feel I am doing good by my son and not giving away opportunity for growth that could ruin the compounding ill be relying on for the relatively pitiful monthly contribution to do some good.

Many thanks,

[NowWatchThisDrive]

Hargreaves Lansdown might be worth a look. JISAs completely free (no platform fee, no dealing fees); ISA capped at £45 p.a. platform fee if you're sticking to ETFs and shares, and no dealing fee if investing monthly by direct debit of £25 or more.

Other platforms available, of course.

Edited by NowWatchThisDrive on Tuesday 5th March 18:57

[chip*]

I use Fidelity for JISA.
£1.50 per deal as part of a regular saving plan. No platform fee, just fund fee.

For your own bits, it really depends on your pot size / product/ volume of activity.
I use ii for my own ISA and SIPP as the fix fee is extremely good value for my needs.

[bitchstewie]

Broadly speaking if you're starting from zero and it's smaller regular amounts it's cheaper to go with a platform with a percentage fee and (ideally) free dealing and when your pot and/or contributions reach a certain size to consider moving to a flat fee platform.

From what you've said so far I'd have a look at Vanguard as it's free dealing and a 0.15% platform fee.