Fidelity ETF ishares FTSE 100

neildt

Just came across this thread. I’m looking to get into Stocks and Shares ISA with HL. I was considering HSBC FTSE 100 INDEX CLASS C - ACCUMULATION (GBP), is this a bad idea?

A_T

neildt wrote: »

Just came across this thread. I!!!8217;m looking to get into Stocks and Shares ISA with HL. I was considering HSBC FTSE 100 INDEX CLASS C - ACCUMULATION (GBP), is this a bad idea?

That's just a fund of the top 100 shares traded on the London Stock Exchange - missing out on the rest of the world. If I could only invest in one fund it would be HSBC FTSE All-World Index fund.

dunstonh

neildt wrote: »

Just came across this thread. I!!!8217;m looking to get into Stocks and Shares ISA with HL. I was considering HSBC FTSE 100 INDEX CLASS C - ACCUMULATION (GBP), is this a bad idea?

Yes. Even without knowing how it fits with your wider portfolio (e.g. a uk equity fund fits the UK allocation. You would no doubt have a japan equity fund for Japan, US equity fund for US etc), picking the worst stockmarket index in the western world is not a good idea for all the reasons mentioned already.

This assumes that it is not your only investment fund. If it was to be, then that would be even worse.