Best FTSE Tracker please.

bluemeanie

I'm looking to invest in a FTSE tracker fund. I've had a look around on the internet , but cannot find any website which compares the annual charges for all UK trackers.

I want a fund which tracks the FTSE (100 or All Share) .
Annual charges must be low (<= 0.5%).
It must be a decent size fund (> £200m).
Tracking error must be reasonable.

Any suggestions for a fund , or a website where these details can be compared amongst funds?

dunstonh

Are you looking for it in OEIC, UT, ISA, Bond or pension?

bluemeanie

dunstonh,

I'm looking for an OEIC - I have already used my ISA allowance and am already paying into a private pension.

conman_3

Check out HSBC guaranteed tracker post

bluemeanie

Not suitable for me - I want to use my capital gains allowance, that one won't qualify.

dunstonh

L&G had a deal on with IFAs which allowed their tracker to be sold with lower charges and no initial charge. It is unlikely to be offered by discount brokers as it wasnt available via the fund supermarkets but by using L&G instead. I'm not sure of the current status of that deal though but i do recall it being rather good.

cheerfulcat

dunstonh wrote:

L&G had a deal on with IFAs which allowed their tracker to be sold with lower charges and no initial charge. It is unlikely to be offered by discount brokers as it wasnt available via the fund supermarkets but by using L&G instead. I'm not sure of the current status of that deal though but i do recall it being rather good.

Is this the one? You don't need an IFA...

http://www.fool.co.uk/isas/trackers/uk.htm

dunstonh

That was the one but it allowed for an IFA to do it on the equivalent of no commission terms. Share the comm with the client and its better than direct.

yorkshire_ria

A 5 year capital protected investment linked to the the FTSE 100. You get 100% of the rise in the FTSE at the end of 5 years but the gem is it is subject to CGT instead of income tax. Simplistically, this means any gains at the end of 5 years can be tax free if you haven't used your CGT allowance. Min investment £3k. You can put it in an ISA wrapper after 5 April if you've used this years tax allowance.

Copied the bit below from their website for an appointment:

Book an appointment with your local specialist by calling 0845 7660 839* (lines open Monday to Friday 9am to 5pm).

Hope this helps