RE: Should I buy in and how?8 Jan 2024 18:23
That’s not strictly true sadly, SUPR is a fund and therefore has ongoing fund charges of 2.6% pa, whereas an individual share doesn’t have these charges, aside from the ongoing fund charges there are also charges from the platform eg ii, HL or Barclays. I also have a HL account and it gives a full breakdown of charges, it suggests as well as the 2.6%pa on going charge there are also massive transaction costs. The total costs as a % on a £5k investment in SUPR are 6.76% which sounds incorrect. Am I missing something? Does it look more attractive with a much larger investment?
If not I’m better off with Primary Health Properties which has much lower costs or individual shares like house builders with decent dividend returns and likely growth as interest rates come down…..