Finding and evaluating tracking error

InvestInPoker

Thanks for the update puk999

So, are you going to be keeping this fund then?

puk999

bowlhead99 wrote: »

Yeah, mentioned that back up in post #22...

No shame in not seeing it though. Usually my actual answers are preceded and followed by a load of waffle which is only tangentially relevant to the question at hand... And would you believe it's mostly written on a smartphone, which explains most the typos and bizarrely ordered paragraph that could have been better planned out... Thanks Android developers for inventing Swype rather than "tap one letter at a time", otherwise I'd have to be a lot more concise

I read the bit in your msg #22 about the valuation time explanation soon after you wrote. I thought it was very plausible but missed the part where you said it was from Fidelity's prospectus. I thought it was all your own hypothesis, so figured I was adding something with my msg #30 by confirming it from Fidelity.

I value your answers and learn a lot by reading them. They are usually longer than other users' but that's down to being thorough (i.e. considering the question from a lot of perspectives), rather than waffle. Amazed you do most of them on a phone! I use Swype too for texts and have created a couple of little messages on MSE but would find it a pain for anything more than that.

InvestInPoker wrote: »

Thanks for the update puk999

So, are you going to be keeping this fund then?

Yes. I feel more research is needed into how it's really doing against the index and its peers but for now it's fine. The Interim Short Report says 0.4% difference in performance which is close enough as you pointed out in msg #13. At 0.18% I feel it's a very economical way to invest over the 23 developed markets of the MSCI World Index.

puk999

puk999 wrote: »

At 0.18% I feel it's a very economical way to invest over the 23 developed markets of the MSCI World Index.

Just been looking at funds available... I suppose it'd be even cheaper to use Vanguard FTSE Developed World ex-U.K.Equity Index Fund Acc at 0.15% and have a separate very cheap UK index fund. I guess these would be comparable. FTSE Developed ex-UK would be 25 countries vs MSCI World of 23 countries.

Vanguard funds have only just come online on Fidelity FundsNetwork AFAIK so this wasn't an option for me before.