Investing in Global Trackers and other similar investments

dunstonh

DoneWorking said:

dunstonh said:

I want to invest £175k in some kind of Global Tracker
I have no knowledge of this kind of investment and would want something that is mid risk and regularly updated by the provider

A global tracker (as in global equity) is high risk.  Not medium risk.

<br>Please provide info for standard and ESG based trackers

What is your ESG criteria?    you are pretty much limiting yourself to a handful of options now.

Does investment provider assist in selection of funds going forwards

No. That is what an adviser does. Not a provider.

<br>How many different funds would I need&nbsp;

It depends on what investment strategy you are following.

Is the investment protected

It depends on the investments you use and what things you are looking to protect against.

I think I need the advised option<br>

You have posted a lot of threads recently on the same subject but you don't seem to be getting anywhere with it. You need to start firming up what your objectives are and decide if you want to DIY or use an adviser.  If you DIY, then that means learning about it.   

I agree I have posted on this issue requesting assistance

The only reason I am still posting is to try to get a clearer understanding 
Although I do not have knowledge on the above subject

I am not stupid

What I need is clear concise advice

Too many people are not providing this

This is a discussion forum.  Opinions are offered but you won't get advice.    If you want advice, then you need to use an adviser.    You will get opinions.  However, being the internet, some of those opinions will be good and some will be bad.   You need to be able to understand which it is.         The board does not allow advice to be given in regulated areas and historically deletes posts that do fall under that.     The posters here are not going to do your work for you.   You have to put some leg work in yourself.

No-one thinks you are stupid.  If a subject is an area you have little or no experience with and you do not read up on it to learn about it then it will remain confusing and frustrating.     This brings you back to the position of whether you should DIY or use an adviser.   The question is the same in all walks of life.     Do you do your own car servicing or pay someone to do it?  Do you do your own gardening or do you pay someone to do it?      Do, you do your own decorating or do you pay someone to do it?

DIY done well can save you money.  DIY done badly can cost you far more than the cost of a professional doing it for you.

DoneWorking

Nebulous2 said:

DoneWorking said:

CheekyMikey said:

DoneWorking said:

dunstonh said:

I want to invest £175k in some kind of Global Tracker
I have no knowledge of this kind of investment and would want something that is mid risk and regularly updated by the provider

A global tracker (as in global equity) is high risk.  Not medium risk.

What is your ESG criteria?    you are pretty much limiting yourself to a handful of options now.

Does investment provider assist in selection of funds going forwards

No. That is what an adviser does. Not a provider.

It depends on what investment strategy you are following.

Is the investment protected

It depends on the investments you use and what things you are looking to protect against.

I think I need the advised option

You have posted a lot of threads recently on the same subject but you don't seem to be getting anywhere with it. You need to start firming up what your objectives are and decide if you want to DIY or use an adviser.  If you DIY, then that means learning about it.   

I agree I have posted on this issue requesting assistance

The only reason I am still posting is to try to get a clearer understanding 
Although I do not have knowledge on the above subject

I am not stupid

What I need is clear concise advice

Too many people are not providing this

You were provided a few days ago with suggestions as to some tracker funds for growth and wealth preservation investment trusts to safeguard your capital against inflation. If you’d come back having researched those with a few more focussed and related follow up questions I think it would be received better than just posting your list of requirements again and then berating the forum for not helping you. If, as you say, you want a clearer understanding you’ll not get it by keeping posting asking the same broad brush questions every time and getting a raft of suggestions. If you come back and say I’m thinking of fund x or IT y, do you think they meet my objective which is this, you might get clearer concise guidance.

I did mention that I was reposting on this topic as I wanted to keep it separate from other items on a previous post

If people could provide some links and proposals I am happy to read these

If they can answer any of my queries that's even better

I am more than happy to read and follow up all comments

But I find negative comments really difficuilt to deal with as I'm finding this matter incredibly stressful

Maybe it's the way I've posted my search for guidance 
If so I'd appreciate clear positive responses

Tell me I'm asking the wrong questions if you wish
But please refrain from giving me and others a dressing down

Instead please try to point me in the right direction

Many responders on here have done this and it is very much appreciated

Thanks and apologies if I have upset anyone by my previous comments

We can see that you are stressed, but I think there is an issue with your tone as much as anything else. This is a forum of interested people, enthusiasts and some industry professionals sharing some information and having endless discussions. None of them owe you anything. 

Look at your first post: Please provide, please provide, please provide. That's not a way to address people you are asking for a favour. I have an elderly relative who snaps his fingers at waiting staff in restaurants when he wants something. It is cringeworthy, but it doesn't get him better service. 

If you are concerned about your money you can feed it in gradually. It isn't an all or nothing situation. 

We started with a similar sum to you a year ago and invested half and put half in premium bonds. This is money we don't need, but would find difficult to replace if we lost it. We knew it was a higher risk investment, but keeping half safe balanced that. 

We used ISAs for the investment to protect it from tax, filling 4 (two each from each financial year) Most of the money is in global trackers. I also picked some funds myself and they haven't done as well as the trackers. 

You can open an account with a broker  - buy a global tracker with £5k and then a month later put in another £5k. The HSBC one has been mentioned already - what do you think of it? Have you read the factsheet? 

Thanks for the info and your observation

I sincerely did not mean to treat anyone with disrespect nor intend to insist they provide info at the snap of my fingers

I am elderly and not very good with computers

Hence my attempt to collate the previous responses in to this post

I am sincerely grateful for all the help I have had from the regulars and others in this Group

DoneWorking

dunstonh said:

DoneWorking said:

dunstonh said:

I want to invest £175k in some kind of Global Tracker
I have no knowledge of this kind of investment and would want something that is mid risk and regularly updated by the provider

A global tracker (as in global equity) is high risk.  Not medium risk.

What is your ESG criteria?    you are pretty much limiting yourself to a handful of options now.

Does investment provider assist in selection of funds going forwards

No. That is what an adviser does. Not a provider.

It depends on what investment strategy you are following.

Is the investment protected

It depends on the investments you use and what things you are looking to protect against.

I think I need the advised option

You have posted a lot of threads recently on the same subject but you don't seem to be getting anywhere with it. You need to start firming up what your objectives are and decide if you want to DIY or use an adviser.  If you DIY, then that means learning about it.   

I agree I have posted on this issue requesting assistance

The only reason I am still posting is to try to get a clearer understanding 
Although I do not have knowledge on the above subject

I am not stupid

What I need is clear concise advice

Too many people are not providing this

This is a discussion forum.  Opinions are offered but you won't get advice.    If you want advice, then you need to use an adviser.    You will get opinions.  However, being the internet, some of those opinions will be good and some will be bad.   You need to be able to understand which it is.         The board does not allow advice to be given in regulated areas and historically deletes posts that do fall under that.     The posters here are not going to do your work for you.   You have to put some leg work in yourself.

No-one thinks you are stupid.  If a subject is an area you have little or no experience with and you do not read up on it to learn about it then it will remain confusing and frustrating.     This brings you back to the position of whether you should DIY or use an adviser.   The question is the same in all walks of life.     Do you do your own car servicing or pay someone to do it?  Do you do your own gardening or do you pay someone to do it?      Do, you do your own decorating or do you pay someone to do it?

DIY done well can save you money.  DIY done badly can cost you far more than the cost of a professional doing it for you.

Thanks Dunstonh

I will try to improve my knowledge

The reason I am looking into the DIY option is that I was having problems finding an IFA at a fair reasonable cost offering an investment proposal which met my requirements

A few commentators also said It would be better for me to go with a savings ladder and a simple Global Tracker

I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

I was hoping to find one which once set up would require no further action from me

I realise now I should have made this clearer in my original post on this thread

InvesterJones

DoneWorking said:

I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

You might not be aware, but giving financial advice is a regulated activity, that is, it's against the law for just anyone to give it. This is why you won't find it on these forums and instead people are saying to find an advisor - they mean a professional advisor who is legally qualified to give you advice. I believe someone has already linked to a guide to finding an advisor.

More info on the legal difference between advice and guidance can be found here: https://www.fca.org.uk/consumers/understanding-advice-guidance-investments

Albermarle

InvesterJones said:

DoneWorking said:

I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

You might not be aware, but giving financial advice is a regulated activity, that is, it's against the law for just anyone to give it. This is why you won't find it on these forums and instead people are saying to find an advisor - they mean a professional advisor who is legally qualified to give you advice. I believe someone has already linked to a guide to finding an advisor.

More info on the legal difference between advice and guidance can be found here: https://www.fca.org.uk/consumers/understanding-advice-guidance-investments

In reality in a forum like this , people often ask  for advice  without realising in the world of personal finance , it has a specific meaning /legal definition.
Also some replies ( opinions ) will be somewhat more than just guidance, and products/actions are recommended. Often with caveats, but not always.
Probably because it is a forum open to anyone and nobody is being paid , then the lines between advice and guidance get a bit blurred . Although anyone obviously promoting a specific product tend to get banned pretty quickly.

Thrugelmir

DoneWorking said:

dunstonh said:

DoneWorking said:

dunstonh said:

I want to invest £175k in some kind of Global Tracker
I have no knowledge of this kind of investment and would want something that is mid risk and regularly updated by the provider

A global tracker (as in global equity) is high risk.  Not medium risk.

What is your ESG criteria?    you are pretty much limiting yourself to a handful of options now.

Does investment provider assist in selection of funds going forwards

No. That is what an adviser does. Not a provider.

It depends on what investment strategy you are following.

Is the investment protected

It depends on the investments you use and what things you are looking to protect against.

I think I need the advised option

You have posted a lot of threads recently on the same subject but you don't seem to be getting anywhere with it. You need to start firming up what your objectives are and decide if you want to DIY or use an adviser.  If you DIY, then that means learning about it.   

I agree I have posted on this issue requesting assistance

The only reason I am still posting is to try to get a clearer understanding 
Although I do not have knowledge on the above subject

I am not stupid

What I need is clear concise advice

Too many people are not providing this

This is a discussion forum.  Opinions are offered but you won't get advice.    If you want advice, then you need to use an adviser.    You will get opinions.  However, being the internet, some of those opinions will be good and some will be bad.   You need to be able to understand which it is.         The board does not allow advice to be given in regulated areas and historically deletes posts that do fall under that.     The posters here are not going to do your work for you.   You have to put some leg work in yourself.

No-one thinks you are stupid.  If a subject is an area you have little or no experience with and you do not read up on it to learn about it then it will remain confusing and frustrating.     This brings you back to the position of whether you should DIY or use an adviser.   The question is the same in all walks of life.     Do you do your own car servicing or pay someone to do it?  Do you do your own gardening or do you pay someone to do it?      Do, you do your own decorating or do you pay someone to do it?

DIY done well can save you money.  DIY done badly can cost you far more than the cost of a professional doing it for you.

A few commentators also said It would be better for me to go with a savings ladder and a simple Global Tracker

I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

On the assumption that you have no other similar investments. My suggestion would be to explore broader investment vehicles such as multi asset. This would provide a broader diversification of underlying investments. Less volatile as well. With an ever decreasing time horizon chasing speculative returns may not be worthwhile. Given the broader economic challenges of rising interest rates, rising inflation and QT combining. 

Over time there's always a fad for something in particular. The hype grows then momentum propels the asset class upwards in value. A self fulfilling prophecy so to speak. There's a detachment from reality, i.e. the underlying financial fundamentals of the companies themselves. With regards to global equity funds as time has past. The net returns are being generated by fewer and fewer companies. Personally I'd be wary. The pandemic and recent geo political events have shown how fragile globalisation actually is. When push comes to shove. All the old rifts and historical disagreements rapidly re-emerge. As self interest prevails. 

GeoffTF

DoneWorking said:
I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

You have already been told that all global trackers are much the same and offered a suggestion. It does not matter which one you choose.

DoneWorking said:
I was hoping to find one which once set up would require no further action from me

You have already been told that applies to all global trackers.

DoneWorking

GeoffTF said:

DoneWorking said:
I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

You have already been told that all global trackers are much the same and offered a suggestion. It does not matter which one you choose.

"Surely some perform better than others.
If people do not want to say which ones they could at least point me in the right direction to find out."

DoneWorking said:
I was hoping to find one which once set up would require no further action from me

You have already been told that applies to all global trackers.

"What I meant to say was 
*I was hoping to find a decent Global Tracker I could invest in without any further effort on my part other than checking it's performance from time to time.*"

See comments added above

Nebulous2

DoneWorking said:

GeoffTF said:

DoneWorking said:
I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

You have already been told that all global trackers are much the same and offered a suggestion. It does not matter which one you choose.

"Surely some perform better than others.
If people do not want to say which ones they could at least point me in the right direction to find out."

DoneWorking said:
I was hoping to find one which once set up would require no further action from me

You have already been told that applies to all global trackers.

"What I meant to say was 
*I was hoping to find a decent Global Tracker I could invest in without any further effort on my part other than checking it's performance from time to time.*"

See comments added above

A global tracker tracks an index. They should all perform the same if they are tracking the same index. There may be slight tracking errors, but these are likely to be less significant than the difference in charges. 

Here's an article giving a view on different trackers - based largely on costs. You'll see that the HSBC one that was mentioned earlier is one of those mentioned as being low cost. 

Low-cost index trackers that will save you money - Monevator

The intention with these is that you use them for money you can afford to tie up for a long period of time.  You buy them, leave them and they should grow over time. They are likely to be volatile and can move up, down or sideways. 

One of the biggest risks is that you buy them, panic when they drop and sell them, thus making sure your money is lost. If you are stressed now, do you think you would be able to relax and leave them alone if they had dropped a significant amount? 

Thrugelmir

Nebulous2 said:

DoneWorking said:

GeoffTF said:

DoneWorking said:
I had assumed there were various Global Trackers which would meet my requirements and was hoping for advice to help me chose one

You have already been told that all global trackers are much the same and offered a suggestion. It does not matter which one you choose.

"Surely some perform better than others.
If people do not want to say which ones they could at least point me in the right direction to find out."

DoneWorking said:
I was hoping to find one which once set up would require no further action from me

You have already been told that applies to all global trackers.

"What I meant to say was 
*I was hoping to find a decent Global Tracker I could invest in without any further effort on my part other than checking it's performance from time to time.*"

See comments added above

A global tracker tracks an index. They should all perform the same if they are tracking the same index. There may be slight tracking errors, but these are likely to be less significant than the difference in charges. 

Vanguard VLS funds interestingly do not benchmark an index. A throw back to it's Wellington days of being an investment boutique. Times have changed in the past decade and with a diverse range of alternatives now available, .