MSCI World Index alternatives to VHVG/VEVE

masonic

Billycock said:

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?

I was last active on 3rd July.

Gary_2021

Alexland said:

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.

Thank you for your response, I will try and stick to updating on a single thread. My account valuation isn't big enough to benefit from capped platform charges, however, regardless, I'm still considering using an ETF if it were to be a 'perfect' fund choice. I will keep in mind to consider scale, liquidity, spread, domicile, replication method, etc.

I am really leaning towards SWDA but i'm confused on it's currency. On the HL website, it says the currency is GBX, however, when I look on the key fact sheet, it says the base currency of the ETF is USD. Would that then require be to pay currency exchange fees to hold this ETF? Or is SWDA in fact, GBp?

My EM investment trust (JMG) will compliment well with SWDA as it's benchmark is the MSCI EM NR GBP

Gary_2021

masonic said:

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

Thank you for your response. I am really leaning towards SWDA but i'm confused on it's currency. On the HL website, it says the currency is GBX, however, when I look on the key fact sheet, it says the base currency of the ETF is USD. Would that then require be to pay currency exchange fees to hold this ETF? Or is SWDA in fact, GBp?

masonic

GaryMSE said:

masonic said:

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

Thank you for your response. I am really leaning towards SWDA but i'm confused on it's currency. On the HL website, it says the currency is GBX, however, when I look on the key fact sheet, it says the base currency of the ETF is USD. Would that then require be to pay currency exchange fees to hold this ETF? Or is SWDA in fact, GBp?

It has 2 listings on the UK exchange, SWDA trades in GBP and IWDA trades in USD (see the Listings section towards the bottom of the page I linked above). There will be no forex when buying/selling the GBP version.

See the following post for more details about ETF currencies and forex: https://forums.moneysavingexpert.com/discussion/comment/76284049/#Comment_76284049

Since the ETF is accumulating, there will be no USD dividends to contend with even though the base currency is USD.

NedS

Surprised no one has mentioned HSBC's MSCI World ETF (HMWO) yet, which is a popular choice. Fees of 0.15%

Gary_2021

masonic said:

GaryMSE said:

masonic said:

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

Thank you for your response. I am really leaning towards SWDA but i'm confused on it's currency. On the HL website, it says the currency is GBX, however, when I look on the key fact sheet, it says the base currency of the ETF is USD. Would that then require be to pay currency exchange fees to hold this ETF? Or is SWDA in fact, GBp?

It has 2 listings on the UK exchange, SWDA trades in GBP and IWDA trades in USD (see the Listings section towards the bottom of the page I linked above). There will be no forex when buying/selling the GBP version.

See the following post for more details about ETF currencies and forex: https://forums.moneysavingexpert.com/discussion/comment/76284049/#Comment_76284049

Since the ETF is accumulating, there will be no USD dividends to contend with even though the base currency is USD.

Ahh I see, so base currency is completely different to trading currency. Thank you so much 

Gary_2021

NedS said:

Surprised no one has mentioned HSBC's MSCI World ETF (HMWO) yet, which is a popular choice. Fees of 0.15%

The only reason why HMWO doesn't appeal to me is because it isn't an accumulating ETF, despite it's low fees of 0.15%. If there was an accumulating version, I would of gone for HMWO

Alexland

GaryMSE said:

My account valuation isn't big enough to benefit from capped platform charges, however, regardless, I'm still considering using an ETF if it were to be a 'perfect' fund choice. I will keep in mind to consider scale, liquidity, spread, domicile, replication method, etc.

Nothing will be perfect but if you are settled on an MSCI Developed World tracker then the Fidleity Index World fund (as mentioned by ChilliBob earlier in this thread, and me in one of your previous threads) will be 0.12% on HL with no trade fees compared to SWDA for 0.20% with trade fees. Both are large and established enough to have confidence in.