Overlap with Vanguard Funds

coyrls

Prism said:

ivormonee said:

eastmidsaver said:

however,  i do think a managed fund might be a better choice for small cap, although i am no expert on the matter. 
there are quite a few global small cap funds available, but if you want to use VG then the small cap index should still be fine.

I provided the findings from my research in my post prior to yours, above, and as you can see I was only able to locate four such funds. When you say "there are quite a few global small cap funds available" I'd be interested to know what they are.

Also, you say that "a managed fund might be a better choice for small cap" but, over the three timescales in my table, from Trustnet, the index tracking fund comes in at second place. So not sure on what basis a number of posters are commenting that an actively managed fund performs better. Is there any evidence/ are there any other funds that did not come up in search results on Trustnet (as summarised in my post above)? And there are no ETFs covering small caps either that I could find on any searches.

There are not many global small cap funds and some of them are pretty new. You could have a look at Baillie Gifford Global Discovery, Montanaro Better World,  ASI Global Smaller Companies and Liontrust Global Smaller Companies all of which have got long term experience of smaller companies even if the fund itself is quite new.

I would also suggest looking at investment trusts where you find Smithson, Herald and Edinburgh Worldwide.

Baillie Gifford Global Discovery, Montanaro Better World,  ASI Global Smaller Companies and Liontrust Global Smaller Companies are all classified as having a "mid-cap" equity style by Morningstar.

Prism

coyrls said:

Prism said:

ivormonee said:

eastmidsaver said:

however,  i do think a managed fund might be a better choice for small cap, although i am no expert on the matter. 
there are quite a few global small cap funds available, but if you want to use VG then the small cap index should still be fine.

I provided the findings from my research in my post prior to yours, above, and as you can see I was only able to locate four such funds. When you say "there are quite a few global small cap funds available" I'd be interested to know what they are.

Also, you say that "a managed fund might be a better choice for small cap" but, over the three timescales in my table, from Trustnet, the index tracking fund comes in at second place. So not sure on what basis a number of posters are commenting that an actively managed fund performs better. Is there any evidence/ are there any other funds that did not come up in search results on Trustnet (as summarised in my post above)? And there are no ETFs covering small caps either that I could find on any searches.

There are not many global small cap funds and some of them are pretty new. You could have a look at Baillie Gifford Global Discovery, Montanaro Better World,  ASI Global Smaller Companies and Liontrust Global Smaller Companies all of which have got long term experience of smaller companies even if the fund itself is quite new.

I would also suggest looking at investment trusts where you find Smithson, Herald and Edinburgh Worldwide.

Baillie Gifford Global Discovery, Montanaro Better World,  ASI Global Smaller Companies and Liontrust Global Smaller Companies are all classified as having a "mid-cap" equity style by Morningstar.

True. The best way on Morningstar I have found is to use the new version of the portfolio page which can tell us that the Vanguard Index fund is right on the line between small and mid cap, whereas the Liontrust fund is just over the line and Montanaro is firmly mid cap based on the fact it also holds some larger companies.

coyrls

Prism said:

coyrls said:

Prism said:

ivormonee said:

eastmidsaver said:

however,  i do think a managed fund might be a better choice for small cap, although i am no expert on the matter. 
there are quite a few global small cap funds available, but if you want to use VG then the small cap index should still be fine.

I provided the findings from my research in my post prior to yours, above, and as you can see I was only able to locate four such funds. When you say "there are quite a few global small cap funds available" I'd be interested to know what they are.

Also, you say that "a managed fund might be a better choice for small cap" but, over the three timescales in my table, from Trustnet, the index tracking fund comes in at second place. So not sure on what basis a number of posters are commenting that an actively managed fund performs better. Is there any evidence/ are there any other funds that did not come up in search results on Trustnet (as summarised in my post above)? And there are no ETFs covering small caps either that I could find on any searches.

There are not many global small cap funds and some of them are pretty new. You could have a look at Baillie Gifford Global Discovery, Montanaro Better World,  ASI Global Smaller Companies and Liontrust Global Smaller Companies all of which have got long term experience of smaller companies even if the fund itself is quite new.

I would also suggest looking at investment trusts where you find Smithson, Herald and Edinburgh Worldwide.

Baillie Gifford Global Discovery, Montanaro Better World,  ASI Global Smaller Companies and Liontrust Global Smaller Companies are all classified as having a "mid-cap" equity style by Morningstar.

True. The best way on Morningstar I have found is to use the new version of the portfolio page which can tell us that the Vanguard Index fund is right on the line between small and mid cap, whereas the Liontrust fund is just over the line and Montanaro is firmly mid cap based on the fact it also holds some larger companies.

Oh, nice, I hadn't noticed they'd updated the portfolio page.

Thrugelmir

ivormonee said:

Regardless though, the list isn't massive, whoever's list we look at. Even if we amalgamate all of our searches I think we get a grand total of perhaps no more than ten funds! And only one is a tracker!

Not the demand for such products internationally.