ETF alternative to HSBC FTSE All-World Index Fund

minimumcost

OP here. Trading for me means selling only to fund retirement. The benefit of the ETF, I assume, is that I can time the sell to avoid the short term random loss introduced by dealing through the platform's decision on the timing.

Given the size of my investment vs the amount I take out means the 0.8% extra cost off sets any gain I might get in choosing the time to sell.

Just to be clear this is not me trying to time the market. I'm just delaying a sale until it gives me the amount of money I need to take out. Otherwise I have to sell more than I need to ensure I have the funds required.

masonic

minimumcost said:

OP here. Trading for me means selling only to fund retirement. The benefit of the ETF, I assume, is that I can time the sell to avoid the short term random loss introduced by dealing through the platform's decision on the timing.

Given the size of my investment vs the amount I take out means the 0.8% extra cost off sets any gain I might get in choosing the time to sell.

Just to be clear this is not me trying to time the market. I'm just delaying a sale until it gives me the amount of money I need to take out. Otherwise I have to sell more than I need to ensure I have the funds required.

Have you considered using an OEIC for this purpose? No spread, potentially lower/no dealing costs, and you can sell fractional units and place a sell order for exactly the sum in £ that you want to take out. You can also be assured the fund is valued at NAV, and as the fund is valued once per day you won't be at the whims of your platform's timing. All that and you won't have to sit in front of a screen all day refreshing quotes until you get what you believe is the day's best price.