Global ETF

valiant24

Alexland said:

Is there any reason it must be an ETF? Maybe related to your platform choice? If not then consider the HSBC FTSE All World index fund at almost half the ongoing charge.

It sounds like, all else being equal, you'd prefer a fund over an ETF.   Why is that?   Managed v Tracker?

Alexland

valiant24 said:

It sounds like, all else being equal, you'd prefer a fund over an ETF. Why is that?   Managed v Tracker?

I'm not against ETFs as we use them a lot but they don't tend to be domiciled in the UK, have no FSCS protection and have liquidity/spread considerations. The advantage is you can trade ETFs in real time when the market is open at a certain price but then if you are investing long term that doesn't matter too much. I'm not going to die in a ditch defending pure passive (although it's an easy way to get a good long term result) as I do geographic tilts and hold an active but well diversified investment trust.

valiant24

Alexland said:

I'm not against ETFs as we use them a lot but they don't tend to be domiciled in the UK, have no FSCS protection 

If I have any amount invested in (say) a Vanguard ETF on (say) an AJ Bell platform, my entire investment is ring-fenced and protected even if AJ Bell goes bust.   Er, I think!

Thrugelmir

valiant24 said:

Alexland said:

I'm not against ETFs as we use them a lot but they don't tend to be domiciled in the UK, have no FSCS protection 

If I have any amount invested in (say) a Vanguard ETF on (say) an AJ Bell platform, my entire investment is ring-fenced and protected even if AJ Bell goes bust.   Er, I think!

If the underlying investment goes bust you lose your money. That's the risk you take when you invest. 

Alexland

valiant24 said:

If I have any amount invested in (say) a Vanguard ETF on (say) an AJ Bell platform, my entire investment is ring-fenced and protected even if AJ Bell goes bust.   Er, I think!

Yes the underlining assets should be segregated from both the fund manager and platform's own business affairs however in the event of uncompensated fraud you would have FSCS protection up to £85k on the platform or an OEIC fund but not on an ETF.

John464

chiang_mai said:

No none at all. A fund is actually better in many respects and is cheaper to buy.....I'm on the HL platform. Many thanks for the idea which is indeed better.

Why are you on the HL platform if you care about costs?

chiang_mai

John464 said:

chiang_mai said:

No none at all. A fund is actually better in many respects and is cheaper to buy.....I'm on the HL platform. Many thanks for the idea which is indeed better.

Why are you on the HL platform if you care about costs?

I don't care that much about costs, it was merely a statement of fact.
I'm on the HL platform because I think their costs are quite reasonable and substantially lower than my previous platform (see earlier post) plus their web site is feature-rich.....all in all it works for me.