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IT (CTY ?) or low cost FTSE tracker..?
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C_Mababejive
Posts: 11,668 Forumite
I'm just having a look at what i already have invested. I have some CTY. Part of me thinks that instead of CTY i should buy into a low cost FTSE tracker.
Reasons;
CTY doesnt accumulate so i have to reinvest when i think prudent to do so,hopefully on the dips,which involves some cost
Potentially CTY costs more to invest in
CTY is not as widely diversified as a FTSE tracker which could be seen as good or not so good depending on your view.
I dont need income right now and may not need it for 10 years or more. My SIPP is essentially running as a tax management vehicle at the moment though of course i want a good return also..
All comments welcome,,with thanks
Reasons;
CTY doesnt accumulate so i have to reinvest when i think prudent to do so,hopefully on the dips,which involves some cost
Potentially CTY costs more to invest in
CTY is not as widely diversified as a FTSE tracker which could be seen as good or not so good depending on your view.
I dont need income right now and may not need it for 10 years or more. My SIPP is essentially running as a tax management vehicle at the moment though of course i want a good return also..
All comments welcome,,with thanks
Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
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Comments
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Maybe not as many holdings as a FTSE All Share tracker but both have c 35% in their top 10 holdings. With CTY 4.84% is in HSBC and a FTSE All Share about c 5.5% in HSBC so I'm not sure a FTSE tracker would give you that much more of a wide diversification.C_Mababejive wrote: »I'm just having a look at what i already have invested. I have some CTY. Part of me thinks that instead of CTY i should buy into a low cost FTSE tracker.
Reasons;
CTY doesn't accumulate so i have to reinvest when I think prudent to do so,hopefully on the dips,which involves some cost
Potentially CTY costs more to invest in
CTY is not as widely diversified as a FTSE tracker which could be seen as good or not so good depending on your view.
I don't need income right now and may not need it for 10 years or more. My SIPP is essentially running as a tax management vehicle at the moment though of course i want a good return also..
All comments welcome,with thanks0 -
If you don't need the income and are incurring trade fees to reinvest dividends then I would go for a low cost, total return and globally diversified accumulation fund such as the HSBC FTSE All World.0
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yes i need to have a think about it. My current strategy is to auto reinvest the divi on the dips and take the cash when its in the green..Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..0
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CTY is a good income IT but I wouldn't use it for growth especially if it incurs costs to reinvest that income0
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