Tilney BestInvest Group Review For Expats 2021

  • IFSL Tilney Bestinvest Aggressive Growth Portfolio
  • ifsl tilney bestinvest growth portfolio
  • ifsl tilney bestinvest income portfolio
  • ifsl tilney defensive
  • IFSL Bestinvest Income Portfolio R GBP
  1. They are a large and established group……although large doesn’t mean better! It can just mean you are treated as a number.
  2. You probably won’t lose a lot of money in the funds. You might see a stagnating portfolio or get lowish returns, but you likely won’t see huge losses if you hold on long-term.
  3. For UK-only clients investing through SIPPs, the fees are more reasonable than for overseas clients. They typically charge 0.2%-0.4% service fees, depending on the account size. There are additional fund fees, however, which are quite high — as much as 1.60% per year.
  4. The funds are liquid, meaning they are daily priced. That doesn’t mean there aren’t charges for getting out of the investments, but they are not opaque and highly illiquid investments. In other words, if you have an $100,000 investment, even if the fees are $10,000 for getting out as an example, you will be able to exit quickly. This is unlike some other investments like some corporate bonds, which often can’t be sold before a specific date.
  5. A small percentage of their funds have performed well. However, as the article will explain in more detail below, it is often impossible to know which funds will do well in advance. Even their best performing funds, have also struggled to beat the market.
  6. They can be held in a tax-efficient manner, both in the UK, and outside the UK. However, so can many other investments, so this isn’t a positive compared to all other investments. It is merely a positive compared to some of the less tax-efficient options in the market. An example of a tax-inefficient option is usually sending money back to your home country, unless you are American.
  • 1.5% annual management charge (AMC)
  • Over 2% per annum ongoing charge
  • Up to 5% upfront
  • Up to 1%-2% yearly depending on which bond and QROPS/provider is used.

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