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Monthly ETF

I am investing £250 per month into the Vanguard FTSE 100 ETF (VUKE) via halifax regular sharebuilder. I have only £750 invested so far but will continue to drip feed £250 per month. Should I just keep building up my overall contributions into this ETF or should I consider opening up another ETF with another low TER such as an Vanguard FTSE Emerging Markets ETF which would provide more diversification? I am 30 years old and looking for long term income and capital growth.

Any opinions would be greatly appreciated.


Regards,
Fraser

Comments

  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Diversification is often good so a wide basis could be advisable.

    Something like the lifestrategy funds are great for smaller amounts as not only do you get a spread across different markets but they are also rebalanced automatically.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    fraserkerr wrote: »
    I am investing £250 per month into the Vanguard FTSE 100 ETF (VUKE) via halifax regular sharebuilder. I have only £750 invested so far but will continue to drip feed £250 per month. Should I just keep building up my overall contributions into this ETF or should I consider opening up another ETF with another low TER such as an Vanguard FTSE Emerging Markets ETF which would provide more diversification? I am 30 years old and looking for long term income and capital growth.

    Any opinions would be greatly appreciated.


    Regards,
    Fraser

    You can get diversification over hundreds of companies with just one ETF. The danger of having more than one ETF is that they have to be held in CREST, and at some point the platform might decide to levy a separate charge for each ETF.- like they are currently doing with funds
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
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