Nikkei 225 pre-trading about 4% down.

leahciM

I for one will be rebalancing some of my funds to go into a Japan tracker over the next week or so.

ses6jwg

can anyone reccomend a Nikkei tracker with low TER that can be bought inside an ISA?

jimjames

ses6jwg wrote: »

can anyone reccomend a Nikkei tracker with low TER that can be bought inside an ISA?

HSBC Japan tracker

mr_fishbulb

Reaper wrote: »

Yes. It can even go in a S&S ISA if you want. However I did just look it up in X-O and the ticker seems to be different with 2 of the letters reversed round. To be sure locate it using the SEDOL number instead if using X-O. It's B42Z5J4.

Though as posted above I am going off the idea in favour of investing in a non-Japanese index that has fallen such as the FTSE instead.

Are you looking at 100, 250 or all? HSBC have trackers for all 3 and can be held in a Hargreaves Lansdown ISA without extra fees.

Reaper

Yes I had heard HSBC trackers don't get charged. Any idea why? Not just an oversight on their part due to be corrected soon?

optimusf_2

Hi Reaper,

Thankyou very much for the useful information provided! I'm going to give it a read today and see which one will be more benficial for me. (Please accept my apologise too, as I'm new tot his field im still getting familliar with the terminiology!)

Newbie2saving

Reaper wrote: »

Yes I had heard HSBC trackers don't get charged. Any idea why? Not just an oversight on their part due to be corrected soon?

They do charge. The TER for the HSBC Japan Index (acc) is 0.29%, I know you were probably referring to the addtional 0.5% that H-L often add onto trackers (such as the Fidelity moneybuilders), but just thought I would add this in as there seem to be a lot of new investors on this thread. Hope that's ok?

Reaper

Yes sorry. I meant extra charges added on by HL for investments that don't earn them any commission.

I see the BBC say Japanese stocks have already rebounded, though I haven't looked myself.

lvader

jimjames wrote: »

Even managers with experience in Japan have struggled to make any money over the last 20 years

It hasn't been hard for investors to make money from Japanese funds as long as you are buying into the funds with foreign currency like the GBP or USD. The Yen has appreciated more than the market has declined over the years.

edinburgher

I've just topped up the final £2K today into my ISA for this year. Put £500 into a UK fund and will consider the rest in the next few days. Quite a bonus that the UK market dropped a reasonable amount at the end of the ISA season although stock market drops might put some people off

I really should get a better paid job It's certainly handy that there's been a bit of a pullback in markets over the last couple of weeks - has given me a chance to invest some small lump sums and will also be good in terms of pound cost averaging.