FTSE 100 tracker funds?

neilsedaka

dunstonh wrote: »

No its not. HL charge an extra 0.5% plus VAT for holding that fund. Trackers are expensive on the HL platform.

Thanks dunstonh. Even with the 0.50% charge, which is relatively low compared with the volatility, I still like the convenience that HL provide in being able to drip in small amounts online on the days that I choose, then move out into cash when I feel like it. Or do other platforms provide such flexibility for a lower charge?

jem16

neilsedaka wrote: »

Or do other platforms provide such flexibility for a lower charge?

Fidelity itself?


http://www.fidelity.co.uk/cgi-bin/direct/iframe/iframeparent.cgi?sid=0387532

dunstonh

neilsedaka wrote: »

Thanks dunstonh. Even with the 0.50% charge, which is relatively low compared with the volatility, I still like the convenience that HL provide in being able to drip in small amounts online on the days that I choose, then move out into cash when I feel like it. Or do other platforms provide such flexibility for a lower charge?

As Jem says, Fidelity allow it as do most other fund supermarkets and platforms. However, if you like the service, then pay for it. Too often people are willing to sacrifice service to save a few pennies. If it does the job for you and you are happy with it then stick with it.

StevieJ

dunstonh wrote: »

As Jem says, Fidelity allow it as do most other fund supermarkets and platforms. However, if you like the service, then pay for it. Too often people are willing to sacrifice service to save a few pennies. If it does the job for you and you are happy with it then stick with it.

Nicely done, very subtle.

rjp_2

If you are going to get a FTSE tracker, I would suggest a FTSE all-share tracker instead. Movements in the FTSE all-share index are very similar to the FTSE 100, but the annual management charges are typically lower for these funds (e.g. F&C FTSE all share tracker is only 0.3%)

a7man

Fidelity moneysaver 0.1%.

Fair enough the ~FTSE has been a poor performing benchmark over the years, but we are in uncanny times and the markets will rebound at some point. My tracker has made 18% in the last week. I have invested short term, but with money that I can leave for the long term if the market does continue to fall.

Wait for all the other sheep and you will miss the opportunity, be the wolf and make some money. These are the times when Warren Buffet makes his billions while everyone else is scared.