Do Hargreaves Lansdown have any US Index Tracker Funds?

mr_fishbulb

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

purch

I think an ETF would be your best choice.

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

psychic_teabag

There's an HSBC American tracker which I believe tracks S&P 500

mr_fishbulb

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

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

Here it is - link.

dunstonh

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).

sabretoothtigger

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

cheerfulcat wrote: »

Here it is - link.

Ah, I should have searched for index instead of tracker