HSBC FTSE 250 Index Accumulation C

mazworld15

Looking at the 

HSBC FTSE 250 Index Accumulation C

Looks as good as any, low charges, to take advantage if the FTSE rallies, does anyone agree/disagree? TIA

Thrugelmir

FTSE250 is already up over 15% in the past month, that's without taking into account dividends either. Responded well to vaccine news. 

bowlhead99

It's broadly similar cost to Vanguard's ETF, and has a similar amount of money under management. So if a tracker of the mid 250 is what you want, yes it's probably as good as any. 

You mention 'if the FTSE rallies' ; not sure if you noticed that the FTSE 250 has already 'rallied' from about 12800 to about 19800 over the last eight months or so (not counting dividends paid along the way).  

Are you going to buy it 'if the FTSE rallies' further, or buy it anyway hoping the FTSE will rally more and you'll then be in it to win it?

mazworld15

Thrugelmir said:

FTSE250 is already up over 15% in the past month, that's without taking into account dividends either. Responded well to vaccine news. 

Thanks so much for replying, yes probs should have done it earlier.

mazworld15

bowlhead99 said:

It's broadly similar cost to Vanguard's ETF, and has a similar amount of money under management. So if a tracker of the mid 250 is what you want, yes it's probably as good as any. 

You mention 'if the FTSE rallies' ; not sure if you noticed that the FTSE 250 has already 'rallied' from about 12800 to about 19800 over the last eight months or so (not counting dividends paid along the way).  

Are you going to buy it 'if the FTSE rallies' further, or buy it anyway hoping the FTSE will rally more and you'll then be in it to win it?

Yes, want to buy now because I hope it will rally further, just second guessing myself I think, lost a lot of confidence with a big loss recently but hopefully will come back up. Thanks so much for replying.

Shocking_Blue

Apologies,
Just posted a new thread citing exactly this fund (and the Vanguard mentioned). Just confused about the fees/costs details, as below:

HSBC FTSE 250 Index Accumulation C

Vanguard FTSE 250 UCITS ETF | VMID

Just had a a couple of queries re ‘transaction fee’. For the VMID there isn’t any showing (just OGC), but for HSBC there is.

-          Is it the case that there will be no transaction fee for VMID (just OGC)?

-          What exactly is a transaction fee? Is it something that’s charged on buying and selling in and out of the fund, or is it some sort of annual charge etc?

Thanks in advance.

Thrugelmir

mazworld15 said:

bowlhead99 said:

It's broadly similar cost to Vanguard's ETF, and has a similar amount of money under management. So if a tracker of the mid 250 is what you want, yes it's probably as good as any. 

You mention 'if the FTSE rallies' ; not sure if you noticed that the FTSE 250 has already 'rallied' from about 12800 to about 19800 over the last eight months or so (not counting dividends paid along the way).  

Are you going to buy it 'if the FTSE rallies' further, or buy it anyway hoping the FTSE will rally more and you'll then be in it to win it?

Yes, want to buy now because I hope it will rally further, just second guessing myself I think, lost a lot of confidence with a big loss recently but hopefully will come back up. Thanks so much for replying.

What did you make a loss on? 

mazworld15

Thrugelmir, HSBC shares

dunstonh

mazworld15 said:

Looking at the 

HSBC FTSE 250 Index Accumulation C

Looks as good as any, low charges, to take advantage if the FTSE rallies, does anyone agree/disagree? TIA

As a satellite fund to your UK equity holdings then yes, it fits that objective.      Holding in isolation though is not a good option (i.e. if you have no other investments).
So, how does this fund fit with your wider portfolio?

mazworld15

Thanks for taking the time to reply, I'm just building it now, 25% shares, HSBC, Netflix, Amazon, Disney, 15% Baillie Gifford American B, 60% cash, no interest now (all in a SIPP)

Another_Saver

I may be the most biased towards the 250 in the entire forum but only 1/3 of my portfolio is in VMID so I have to agree with @dunstonh that i don't think occupying your remaining 60% with whatever 250 fund you go for would be sensible.