Investment trackers

masonic

talexuser said:

I was obvioulsy comparing to Vanguard FTSE Global All Cap under discussion, and it is obviously apples vs oranges as acknowledged in the post as perhaps not the best choice for a single fund, but the difference is nevertheless interesting.

Small caps have been among the worst performing of all investments recently, so this will certainly be temporarily weighing down the All Cap fund.

MX5huggy

bostonerimus said:

HSBC or Vanguard are perfectly fine, as will be many other global trackers. My personal preference is Vanguard, but just because I've been with the company for many years and their "co-op" company structure.

Their Coop structure is less relevant to a UK investor, we are merely customers of the Vanguard UK, owned by Vanguard USA. 

bostonerimus

MX5huggy said:

bostonerimus said:

HSBC or Vanguard are perfectly fine, as will be many other global trackers. My personal preference is Vanguard, but just because I've been with the company for many years and their "co-op" company structure.

Their Coop structure is less relevant to a UK investor, we are merely customers of the Vanguard UK, owned by Vanguard USA. 

Yes, but it's still relevant, if a little more indirectly. Anyway, any one of a large number of low cost global index trackers will work just fine for the OP. I hope this doesn't become an exercise in splitting historical hairs and believing that they give any basis for choosing one fund over another. 

johnspence1

Hi can anybody clarify for me is there another FTSE Dev. world ex UK fund available I already have Vangaurd both Acc. & Inc. and am struggling to find an alternative from say L&G or HSBC to compare costs?

Thanks

masonic

johnspence1 said:

Hi can anybody clarify for me is there another FTSE Dev. world ex UK fund available I already have Vangaurd both Acc. & Inc. and am struggling to find an alternative from say L&G or HSBC to compare costs?

Thanks

I'm not aware of one, not even an ETF. UK makes up such a small proportion of the index anyway, it probably matters very little to most people whether it's there or not.

ColdIron

Legal & General International Index Trust? Has some EM as it tracks FTSE World (ex UK) Index

EthicsGradient

L&G have such a fund, available to pension funds (my old AVCs are invested in it)

https://fundcentres.lgim.com/uk/en/fund-centre/PMC/World-ex-UK-Developed-Equity-Index-Fund/#Performance

but their costs are low because they deal with large pension funds, not marketing to millions of individuals. I don't think there's another Dev World ex UK available to private individuals.

johnspence1

masonic said:

johnspence1 said:

Hi can anybody clarify for me is there another FTSE Dev. world ex UK fund available I already have Vangaurd both Acc. & Inc. and am struggling to find an alternative from say L&G or HSBC to compare costs?

Thanks

I'm not aware of one, not even an ETF. UK makes up such a small proportion of the index anyway, it probably matters very little to most people whether it's there or not.

Hi Thanks it was an ETF I wanted but couldnt find any. I have FTSE 100/250 ETF's and didnt want any additional UK exposure
that was why I asked and as you say it matters not a lot.

John

Bravepants

Rollinghome said:

Guildfordmover said:

I have some money that I’d liked to invest for my daughter and looking for some passively managed investments such as world trackers / ETFs.

The platform being used may also be a factor.  Often there will be a cost difference depending on whether you choose an OEIC/UT or an ETF and the type of account. At HL for example, it's free to hold ETFs in their Fund & Share Account but there's a 0.45% platform charge in an ISA or SIPP (capped at £45 p.a. in the ISA and £200 p.a. in the SIPP). For others, such as Iweb (and others owned by Lloyds) the fees may be the same.

In general, the more stocks and regions included in a global tracker, the higher the management costs tends to be, so decide what it is you want to cover.

There's a list of what they consider to be good value trackers at https://monevator.com/low-cost-index-trackers/.  Lots on ETFs at https://www.justetf.com/uk/

Are you sure? HL have a tiered set of fees.

Funds

Value of funds	Charge
On the first £250,000	0.45%
On the value between £250,000 - £1m	0.25%
On the value between £1m - £2m	0.1%
On the value over £2m	No charge

EthicsGradient

Bravepants said:

Rollinghome said:

Guildfordmover said:

I have some money that I’d liked to invest for my daughter and looking for some passively managed investments such as world trackers / ETFs.

The platform being used may also be a factor.  Often there will be a cost difference depending on whether you choose an OEIC/UT or an ETF and the type of account. At HL for example, it's free to hold ETFs in their Fund & Share Account but there's a 0.45% platform charge in an ISA or SIPP (capped at £45 p.a. in the ISA and £200 p.a. in the SIPP). For others, such as Iweb (and others owned by Lloyds) the fees may be the same.

In general, the more stocks and regions included in a global tracker, the higher the management costs tends to be, so decide what it is you want to cover.

There's a list of what they consider to be good value trackers at https://monevator.com/low-cost-index-trackers/.  Lots on ETFs at https://www.justetf.com/uk/

Are you sure? HL have a tiered set of fees.

Funds

Value of funds	Charge
On the first £250,000	0.45%
On the value between £250,000 - £1m	0.25%
On the value between £1m - £2m	0.1%
On the value over £2m	No charge

It's capped for ETFs, which is what that post was about. 

https://www.hl.co.uk/investment-services/isa/savings-interest-rates-and-charges

Left hand side is the charges for funds, which you showed; on the right it says

Shares

Including UK and overseas shares, investment trusts, exchange-traded funds, VCTs, gilts and bonds.

0.45%

capped at £45 per year