Emerging markets drip feeding

leahciM

Hi all,

Apologies if this has been answered - forum search didn't find anything useful for me.

Also apologies if I'm about to out myself as some sort of moron with my question.

I'm looking to invest across the BRICs in one investment - ie a fund rather than individual shares/other asset classes, and the only vehicle I can see to do this through is via an ETF.

However, I want to drip feed money in, and through my sharedealer (iii) and presumably through all sharedealers, ETFs come with stamp duty and commission, so drip-feeding is far from ideal.

Anyone got any suggestions as to how I could drip feed to get BRIC risk in my portfolio on the cheap?

cheers.

atypical

leahciM wrote: »

I'm looking to invest across the BRICs in one investment - ie a fund rather than individual shares/other asset classes, and the only vehicle I can see to do this through is via an ETF.

Any reason you're not considering unit trusts? The most obvious one that fills your objective is this one:
http://www.h-l.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/a/allianz-rcm-bric-stars-accumulation

leahciM wrote: »

However, I want to drip feed money in, and through my sharedealer (iii) and presumably through all sharedealers, ETFs come with stamp duty and commission, so drip-feeding is far from ideal.

There was a recent article at Motley Fool on how to bypass commission when buying ETFs here:
http://www.fool.co.uk/news/investing/investing-strategy/2010/10/22/revealed-the-no-cost-way-to-buy-shares.aspx

RoyalSwank

Pretty sure there's no stamp duty on ETFs
You can buy shares for £1.50 on iii using the Protfolio Builder, so I suppose it depends how much you want to drip feed
The TER on iShares FTSE BRIC 50 (BRIC) ETF is .74%
The TER on Allianz RCM BRIC Stars Fund is 1.93%
So you need to consider how long you want to hold, how much you want to drip feed and whether you want active or passive.