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Trackers without Excess reportable income
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talexuser
Posts: 3,531 Forumite


Are there any global or sector trackers (fund, IT or ETF) not based in Ireland or similar that do not have the hassle of Excess reportable income which are comparable in cost to all the Vanguard, Blackrock and iShares funds I've looked at which are all Ireland Reportable status?
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I can’t say I really understand the question but HSBC?
https://www.fundslibrary.co.uk/FundsLibrary.DataRetrieval/Documents.aspx/?type=point_of_sale&id=21db7ab2-ae28-46df-a101-90d39d1e5a19&user=YhbS0bqmQ4HIOgzo5Aqwzuatu%2b4GOEaL%2fZd1dzzpapriEFuVkhbaZUyvav%2fji9qq&r=1
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Anything UK domiciled won't have this issue. The Vanguard ETFs have been managed such that they distribute all of the income they receive, so excess reportable income is generally zero, although that isn't guaranteed to be the case going forward. The HSBC tracker above is a good option for all world, Fidelity Index World is cheap for developed world, Vanguard FTSE Dev World ex-UK equity index is an option for developed world ex-UK. It's not difficult to avoid offshore funds and find distributing funds if you're investing outside of an ISA/SIPP and don't want the headache of doing tax calculations yourself.
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coastline said:
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masonic said:coastline said:
I'm throwing up ideas and agree with your views on ETF's. In general my selections are in ISA and SIPP and physical replication with a fair sized market cap. Basically the main ones eg. VWRL . Obviously going with IT's we are now "active" .
Alliance Trust | The AIC
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masonic said:The Vanguard ETFs have been managed such that they distribute all of the income they receive, so excess reportable income is generally zero, although that isn't guaranteed to be the case going forward.0
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Also needs to be distributing to avoid ACC complications in GIA!
Already got a chunk of Alliance in GIA.
I've got Vanguard FTSE Dev World ex-UK in the daughters ISA for the grandkids and think its reporting?
Fidelity World isn't on iWeb funds search :-(
but does have
HSBC MSCI World NAV GBP (HMWO) and
HSBC Euro Stoxx 50 X NAV GBP (H50E)
How do you find the definitive answer to domicile of funds?0 -
talexuser said:Also needs to be distributing to avoid ACC complications in GIA!
Already got a chunk of Alliance in GIA.
I've got Vanguard FTSE Dev World ex-UK in the daughters ISA for the grandkids and think its reporting?
Fidelity World isn't on iWeb funds search :-(
but does have
HSBC MSCI World NAV GBP (HMWO) and
HSBC Euro Stoxx 50 X NAV GBP (H50E)
How do you find the definitive answer to domicile of funds?Fidelity World isn't an ETF and I'm sure iWeb does offer it (can't check right now as it is down for weekend maintenance) - you'd have to switch to their funds list to find it.Anything held within an ISA can be ignored for excess reportable income.The two HSBC funds look like ETFs, there are almost zero UK domiciled ETFs. The definitive answer comes from the factsheet/prospectus/KIID.2 -
It doesn't show up if you search on the name in the funds centre but if you look at the list of Fidelity funds it's there oddly2
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talexuser said:masonic said:The Vanguard ETFs have been managed such that they distribute all of the income they receive, so excess reportable income is generally zero, although that isn't guaranteed to be the case going forward.Yes, it looks like my comments are out of date as there have been quite a few new ones launched since that are retaining some of the income. The ones I previously held came in at zero consistently for a few years.VERX could be switched to Vanguard FTSE Developed Europe ex-U.K. Equity Index Fund (OCF: 0.12%)VJPN could be switched to Vanguard Japan Stock Index Fund (OCF: 0.16%)Not sure about VNRT if you want to maintain the small exposure to Canada. If that's not important, then Vanguard U.S. Equity Index Fund (OCF: 0.10%) is an optionThe above is just looking within Vanguard, I'm sure there are OIECs from other providers that could fit the bill.1
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