Do Hargreaves Lansdown have any US Index Tracker Funds?

mr_fishbulb
mr_fishbulb Posts: 5,224 Forumite
First Anniversary Combo Breaker
in Savings & investments
I can't see any when I select the North America sector under funds.

They have ETFs, but I'd prefer a fund as they charge to keep an ETF in an ISA.

Cheers

Comments

  • purch
    purch Posts: 9,865 Forumite
    I think an ETF would be your best choice.

    Something like the ProShares DOG (short Dow) or SH (short S&P 500)
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • psychic_teabag
    psychic_teabag Posts: 2,865 Forumite
    Name Dropper First Anniversary Combo Breaker First Post
    There's an HSBC American tracker which I believe tracks S&P 500
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    First Anniversary Combo Breaker
    purch wrote: »
    I think an ETF would be your best choice.

    Something like the ProShares DOG (short Dow) or SH (short S&P 500)
    Cheers, I don't think that would be best in H-L though so I'll have to look at other places. I'm only going to be drip-feeding £50 a month and H-L charge £9.95 on each deal.

    Do these share builder places that charge a small amount for regular buying of shares, also do ETFs?
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    First Anniversary Combo Breaker
    psychic_teabag wrote: »
    There's an HSBC American tracker which I believe tracks S&P 500
    This one isn't showing on Hargreaves Lansdown. Are you saying you've seen it on H-L or just that this is one tracker available?
  • cheerfulcat
    cheerfulcat Posts: 3,336 Forumite
    Name Dropper Combo Breaker First Post First Anniversary
    Here it is - link.
  • dunstonh
    dunstonh Posts: 116,318 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    HL, being a bundled platform, will only have a limited range of trackers without additional charge (loss leaders effectively). If you want to use a wider range of trackers then you need to look at other platforms which are unbundled or have a different charging structure. Although it may be better to wait until June when the FSA ruling on platforms is due to be published (which could kill off unbundled platforms - no way to tell yet how that is going to go).
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • sabretoothtigger
    sabretoothtigger Posts: 10,035 Forumite
    First Post Photogenic Combo Breaker First Anniversary
    purch wrote: »
    I think an ETF would be your best choice.

    Something like the ProShares DOG (short Dow) or SH (short S&P 500)


    You'd be selling global companies in order to buy dollars with those two. Weaker of the two is the currency value
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    First Anniversary Combo Breaker
    cheerfulcat wrote: »
    Here it is - link.
    Ah, I should have searched for index instead of tracker :)
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.1K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.2K Work, Benefits & Business
  • 607.9K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards