Vanguard ftse all world vs hsbc ftse world index

masonic

Alistair31 said:

Matt_22 said:

Thanks I don't no the difference between an etf and the hsbc fund and google isn't clear when I have looked.it up. Could you help? I'll probably stick with the hsbc. 

https://monevator.com/etfs-vs-index-funds-differences/

The main difference relevant to this discussion is that if Vanguard were to go bus and their custodian were to lose all of the assets held for the ETF, you would not be eligible for FSCS compensation, whereas if that happened with a fund like your HSBC fund, you would. But as above, this is so unlikely it is ignored by many investors.

Albermarle

Matt_22 said:

Thanks I don't no the difference between an etf and the hsbc fund and google isn't clear when I have looked.it up. Could you help? I'll probably stick with the hsbc. 

ETFs vs funds explained | Raisin UK

Matt_22

Thanks I will stick with the hsbc then.

Matt_22

Sorry could I also ask if the fidelity p index fund is similar to the hsbc In terms of not an etf etc?

ColdIron

It's an open ended fund like the HSBC one but it tracks the MSCI World Index which is just the developed world and excludes emerging markets unlike the FTSE All World Index

masonic

Matt_22 said:

Sorry could I also ask if the fidelity p index fund is similar to the hsbc In terms of not an etf etc?

No it is not an ETF, but it only tracks developed markets, it does not include emerging markets and so is not as diversified as the HSBC fund.

Matt_22

Thanks. Hoping emerging markets might be a growth area then!

Matt_22

Would it be covered by the fscs scheme? Is Fidility an American firm?

Matt_22

And thanks for all your help I have some reading up to do.

masonic

Matt_22 said:

Would it be covered by the fscs scheme? Is Fidility an American firm?

It doesn't matter where the fund house is headquartered. The domicile of the fund can most easily found by looking at the country code at the start of the fund's ISIN.