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Global index tracking ETF?

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  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    gravlax said:

    I don't want additional currency exposure, 
    Unavoidable. The underlying investments will be traded in their home currency. Trading a fund in GDP makes it easier to follow. Rather than having to convert continually. 
    Indeed, alot of passive index trackers will have US shares close to >50% so fluctuations will be inevitable. 
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • gravlax
    gravlax Posts: 135 Forumite
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    edited 7 October 2021 at 6:17PM
    Eyeful said:
    HMWO: Its an EFT from HSBC & tracks the World MSCI instead of the FTSE World Index.
    This is income but the question was that I'm looking for accumulation. 

    Anyone have any other suggestions?
  • Chickereeeee
    Chickereeeee Posts: 1,286 Forumite
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    this shows you all you need to know about the two.


  • aroominyork
    aroominyork Posts: 3,353 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    gravlax said:

    I don't want additional currency exposure, 
    Unavoidable. The underlying investments will be traded in their home currency. Trading a fund in GDP makes it easier to follow. Rather than having to convert continually. 
    When do you need to convert them? Sites like HL show the price of the USD-denominated VWRP in Sterling https://www.hl.co.uk/shares/shares-search-results/v/vanguard-ftse-all-world-ucits-etf-usd-acc


  • Chickereeeee
    Chickereeeee Posts: 1,286 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    gravlax said:

    I don't want additional currency exposure, 
    Unavoidable. The underlying investments will be traded in their home currency. Trading a fund in GDP makes it easier to follow. Rather than having to convert continually. 
    When do you need to convert them? Sites like HL show the price of the USD-denominated VWRP in Sterling https://www.hl.co.uk/shares/shares-search-results/v/vanguard-ftse-all-world-ucits-etf-usd-acc



    VWRP is NOT USD denominated. It is listed in £ on the LSE. No conversion required (see my link above.Why it has USD in the name I I am not sure, but the (GBP) bit at the end is the important part).

    If you wanted the USD the denominated version on the LSE for some reason, the code is VWRA

  • tebbins
    tebbins Posts: 773 Forumite
    500 Posts Name Dropper
    gravlax said:

    I don't want additional currency exposure, 
    Unavoidable. The underlying investments will be traded in their home currency. Trading a fund in GDP makes it easier to follow. Rather than having to convert continually. 
    When do you need to convert them? Sites like HL show the price of the USD-denominated VWRP in Sterling https://www.hl.co.uk/shares/shares-search-results/v/vanguard-ftse-all-world-ucits-etf-usd-acc



    VWRP is NOT USD denominated. It is listed in £ on the LSE. No conversion required (see my link above.Why it has USD in the name I I am not sure, but the (GBP) bit at the end is the important part).

    If you wanted the USD the denominated version on the LSE for some reason, the code is VWRA

    The performance will still be the same, >50% of the holdings are listed in USD.
  • IanManc
    IanManc Posts: 2,452 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker



    VWRP is NOT USD denominated. It is listed in £ on the LSE. No conversion required (see my link above. Why it has USD in the name I I am not sure, but the (GBP) bit at the end is the important part).

    If you wanted the USD the denominated version on the LSE for some reason, the code is VWRA

    It is because the base currency of the fund is USD.
  • gravlax
    gravlax Posts: 135 Forumite
    Fourth Anniversary 10 Posts
    edited 8 October 2021 at 5:59PM
    Can anyone offer an answer to the opening post? This has got stuck in the long grass about GBP/USD on that Vanguard fund. 

    Can anyone suggest an ETF (apart from the Vanguard one):
    Low cost
    Accumulation - not income
    Global tracker - so includes Emerging Markets - not just Developed
    UK weighting is broadly representative (so not ex-UK and not very over-weighted)


  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    edited 8 October 2021 at 6:18PM
    gravlax said:
    Can anyone offer an answer to the opening post? This has got stuck in the long grass about GBP/USD on that Vanguard fund. 

    Can anyone suggest an ETF (apart from the Vanguard one):
    Low cost
    Accumulation - not income
    Global tracker - so includes Emerging Markets - not just Developed
    UK weighting is broadly representative (so not ex-UK and not very over-weighted)


    Why not hold a seperate ETF to cover the specific emerging markets you wish to be invested in. Then rebalance between the two ETF's once a quarter for example to maintain your desired weighting. 
  • gravlax
    gravlax Posts: 135 Forumite
    Fourth Anniversary 10 Posts
    edited 8 October 2021 at 7:09PM
    gravlax said:
    Can anyone offer an answer to the opening post? This has got stuck in the long grass about GBP/USD on that Vanguard fund. 

    Can anyone suggest an ETF (apart from the Vanguard one):
    Low cost
    Accumulation - not income
    Global tracker - so includes Emerging Markets - not just Developed
    UK weighting is broadly representative (so not ex-UK and not very over-weighted)


    Why not hold a seperate ETF to cover the specific emerging markets you wish to be invested in. Then rebalance between the two ETF's once a quarter for example to maintain your desired weighting. 

    Because I was trying to avoid that?

    I was hoping that somewhere out there, is an alternative to the Vanguard ETF, which ticks all the boxes because it actually holds close to the weightings of the MSCI All Country World Index (ACWI). Most don't hold Emerging Markets.

    I already hold the Vanguard fund, and wanted to diversify (to reduce systemic fund manager risk). But so far it looks like for low cost ETFs available on the main platforms, only Vanguard's ETF comes close.

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