Virgin Direct UK Index Tracking Trust > Reviews

Advantages: good value
Disadvantages: none.

Virgin direct all shares tracker is one of the best perfoming tracker fund at the moment. While during the last few months many tracker has fell into -ve territory, Virgin still manged to stay a float with a 0% change. Also, the management cost of Virgin direct is extremely low, just amounted to 1% and with negligible further mangement and advise charges. The not only offers good value, good performance but also low management cost. Lots of growth ... Read review

Advantages: Low cost/easy to manage/good customer service
Disadvantages: Lots of paperwork/ postal correspondence

I have had my Virgin ISA for around 10 months and can't really fault the product or their service. The fund has low charges (1% annual management fees, no other charges for entry/exit fees etc.) and fairly closely follows the FTSE All-Share index. You can pay an initial lump sum and leave it, or as I do, pay a fixed amount monthly, with the option to top up using debit card or cheque always available. Any time I have done this, units are purchased ... Read review

Advantages: Good perfermance, low charges, good customer service, money refunded promptly without a hitch
Disadvantages: I have not found one in the 5 years I have invested with them.

I have invested in the Virgin Direct UK Index Tracker Trust for several years. The fund is one of the leaders in its class because it has low charges and a simple investment strategy. The information pack provided by Virgin is clear and comprehensive. It is possible to invest in the fund using an ISA and this means you will not be liable for UK tax on any capital gains. Investing a set amount each month means you buy more units when prices ... Read review

Advantages: they're not bad but far from the best
Disadvantages: very expensive management charges

At 1% management charges, Virgin are very expensive. There are plenty of other UK Trackers which do the same job with charges from 0.1% - 0.5%. Why would you want to give them extra cash? I know that some others (especially the biggest banks) not only levy initial charges but also charge a massive 1.5%pa. Again they are not better at what they do. Who do you think pays for the City boys' bonuses each year? Most trackers have no intitial charges so ... Read review