MSCI World Index alternatives to VHVG/VEVE

Gary_2021

I am looking for the most diverse and comprehensive Developed World tracker funds/ETFs that track the MSCI World Index (a broad global equity index that represents large and mid-cap equity performance across all 23 developed markets countries). 

I have considered VHVG (Vanguard FTSE Developed World UCITS ETF), however, I'm not keen on this ETF because it tracks the FTSE Developed Index.

masonic

How about SWDA: https://www.ishares.com/uk/individual/en/products/251882/ishares-msci-world-ucits-etf-acc-fund

Alexland

Gary - rather than keep starting new threads it might help us keep track of the sequence of your thinking if you keep your updates to a single thread.
For example I am still unsure if you have determined if your HL account valuation is large enough to benefit from capped platform charges for using ETFs? Otherwise traditional funds would be cheaper on trade fees.
In terms of MSCI verses FTSE developed world (or a fund manager that has not licensed using either name) the differences are usually not material enough to be worth worrying about.
If you do use ETFs it's more important to consider scale, liquidity, spread, domicile, replication method, etc. In this market it can be worth paying more for a very good ETF like SWDA compared to a less liquid one like LCWL or one that is failing to achieve critical mass like LGGG.
Perfection is not possible as there are too many factors at play so aim for something that's a good match for your objectives.

Prism

Maybe if you explained why you prefer MCSI World over FTSE Developed world. They are almost identical.

ChilliBob

Fidelity world index p? Tracks MSCI World, 0.12 OCF.

I don't think you'll get a cheaper OEIC unless you want to just grab a US and Europe one splitting say 70:20 (and either getting an Asia/Other one or chucking more into EUR or US). These OEICs would be 0.06 or so.

I feel for large amounts it might be worth the saving, even considering rebalancing costs every now and then. For smaller amounts perhaps less worth the hassle.

These would be UK domiciled, useful if unwrapped I gather. 

masonic

Yes, not sure why anyone would favour MSCI World over FTSE Developed World, but presumably the OP has his reasons. MSCI don't consider South Korea to be a developed market, so it is excluded from MSCI World, but included in FTSE Developed World. MSCI World has fewer holdings than FTSE Developed World. The management charges are higher for MSCI World ETFs if sticking to the major players. That's pretty much it as far as the differences are concerned. Performance is pretty much identical.

One possible reason to favour MSCI World is if you are pairing it with MSCI Emerging Markets. If you held FTSE Developed World + MSCI Emerging Markets, you would double up on your exposure to South Korea (taking it from ~2% to ~4% if holding according to global market cap).

grumiofoundation

ChilliBob said:

Fidelity world index p? Tracks MSCI World, 0.12 OCF.

I don't think you'll get a cheaper OEIC unless you want to just grab a US and Europe one splitting say 70:20 (and either getting an Asia/Other one or chucking more into EUR or US). These OEICs would be 0.06 or so.

I feel for large amounts it might be worth the saving, even considering rebalancing costs every now and then. For smaller amounts perhaps less worth the hassle.

These would be UK domiciled, useful if unwrapped I gather. 

For large amounts using ETFs will mean the OP can (possibly?) benefit from capped platform fees (although as Alexland says above its not clear if this is applicable in this case - despite 6 threads in as many days).

We will presumably hit a point where almost every possible tracker has been suggested !

ColdIron

OP is trying to find the 'perfect' investment by trying all the other imperfect ones first 

My advice? Walk before you run

Billycock

Off topic
From looking at the OP's activity how is it possible to have joined the forum on 23rd July, was last active on 23rd July and has made 0 visits to the forum?

Alexland

Billycock said:

From looking at the OP's activity how is it possible to have joined the forum on 23rd July, was last active on 23rd July and has made 0 visits to the forum?

Perhaps they are test messages being inserted directly into the database by MSE admins

badger09

7 threads started in 7 days, all covering virtually the same topic but drip feeding information.
No response re the size of the SIPP in question.