user180224
Registered User
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Run, run a mile from MAPs and then run further. Speak to one of the advisers on hereI am sitting on quite a bit of cash, and will need to keep €50/€70k for a deposit on an apartment I'd be looking to buy relatively shortly.
Other than that looking at what to do with the remainder. Had a free call with Irish Life yesterday and they recommend MAP 6 fund - 1% government fee and 1.2% management fee then the 41% exit tax.
What are the general consensus for these funds? Avoid, worth putting a bit in it?
I'll also be putting a bit in a SP500 etf
Why run a mile? I'm investing a much smaller sum via a monthly DD and chose it primarily for convenience. I do hope to keep this investment for the medium term, but every now and then I feel discomfort when I come across comments like this. As someone with little investment experience I can find it all quite confusing. I know each to their own when it comes to investment, but its always useful to look for better ways of doing things where possible.Run, run a mile from MAPs and then run further. Speak to one of the advisers on here
Could you let me know the names of such other providers pleaseBecause the annual management charges you are paying are way over the top and far better deals are available from other providers ?
I think all providers have similar funds. Off the top of my head Zurich and Standard Life offer them, and possibly offer passive versions.Could you let me know the names of such other providers please
Your can compare their past performance in a website called Irish Times fund lite.
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