Recommend a UK equity index tracker please?

C_Mababejive

My initial thoughts were L&G..
Thanks..

A_T

C_Mababejive wrote: »

My initial thoughts were L&G..
Thanks..

Lowest cost FTSE All Share Index trackers are Fidelity Index UK, iShares UK Equity Index or HSBC FTSE All Share Index. They all do the same thing.

AnotherJoe

I would recommend not tracking the UK markets, for two reasons, the principal one being, no not Brexit (thats the second one), but the fact that due to the makeup of the FTSE, the vast majority is in almost literally just a couple of handfuls of companies and sectors. Something like 20 companies make up 50% of the index and by the time you get to company 50 or so, its a waste of time in as much as whatever their performance is, it doesn't matter.



This concentration in sectors also means that you are very vulnerable to downturns in mining, pharma and financials, and conversely, a large number of industries are mostly or wholly excluded, so you will lose out on growth in those industries.

dales1

Good points AJ.


But you can easilybuy eg a FTSE 250 tracker, so as to leave the FTSE top 100 to one side, and focus on more UK-leaning firms, if that is what the OP desires.

dunstonh

What UK index/benchmark are you looking to track?

Are you looking at ETFs or OEICs?
Does your platform have access to any superclean share classes?

Reluctantpensioner

Fidelity Index UK P Acc is FTSE Allshare so not as concentrated as FTSE100. Charges a very low 0.06.

Tom99

[FONT=Verdana, sans-serif]For my UK stocks I use iShares 100 UK Equity Index with a charge of 0.07% and HSBC FTSE 250 Index with a charge of 0.18%.[/FONT]
[FONT=Verdana, sans-serif]Blending the 100/250 index dilutes the top stocks in the FTSE 100 which an all share tracker does not.[/FONT]
[FONT=Verdana, sans-serif]For example HSBC is 7.12% of the FTSE100 index but still 5.65% of the FTSE all share index.[/FONT]

C_Mababejive

I was thinking of the HSBC FT250 Tracker which has a lowly charge of 0.18 before discounts and bought via Halifax s & S Isa.

Im gradually unwinding/de-risking with individual shareholdings

I dont have a global tracker yet and am wary of buying in on a high . I was looking at VLS80 but im holding back at the moment...ermm...but not sure how long for.

Probably have about a 10 yr investment window.

EDIT

I may have to re-evaluate using halfix as i need to keep charges lowest,i dont deal very often so buy and hold. Maybe an ETF is an option..?

I currently have access to Halifax/AJBell and HL

talexuser

C_Mababejive wrote: »

I dont have a global tracker yet

Vanguard have a range of low cost ETFs, no stamp duty, and you can choose US, Europe ex UK, UK (eg 250), Japan, Asia, Emerging, Bonds etc and have your own allocation of percentages.

Tom99

C_Mababejive wrote: »

I dont have a global tracker yet and am wary of buying in on a high . I was looking at VLS80 but im holding back at the moment

[FONT=Verdana, sans-serif]Since you have UK stocks already covered you could use something like Vanguard FTSE Developed World ex-UK Equity Index for the rest of the world.[/FONT]
[FONT=Verdana, sans-serif]Remember VLS80 will be 20% bonds, do you want to invest in bonds?[/FONT]