Vanguard ftse all world vs hsbc ftse world index

dunstonh

Matt_22 said:

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

Where the firm is headquartered doesn't matter.    It is the structure of the fund and the domicile of the fund that matter.   e.g. a UK OEIC/UT gets £85,000 FSCS protection per fund house.      An ETF gets no FSCS protection.

Most novices are best sticking with OEIC/UTs until they understand the differences and know what to look out for.  ETFS have a few extra risks involved.  Historically ETFs used to be cheaper, which was a major attraction for some, but that isnt the case any more.

Matt_22

Thanks so what protection does the fidility fund have?

Albermarle

Matt_22 said:

Thanks so what protection does the fidility fund have?

It will be £85K, but the chance of it ever being needed is approx zero.

Matt_22

Thanks and the fidility one is a mutual fund like hsbc one?

masonic

Matt_22 said:

Thanks and the fidility one is a mutual fund like hsbc one?

Asked and answered on the previous page: https://forums.moneysavingexpert.com/discussion/comment/79752949/#Comment_79752949

dunstonh

Matt_22 said:

Thanks and the fidility one is a mutual fund like hsbc one?

mutual funds is an American term. Some have tried to use it here but it never took off.    Best put mutual funds out of your mind as using American terminology won't help your learning.

Kaizen917

I feel slightly more in favour of the HSBC one because of the fees but both funds are pretty similar.

masonic

Kaizen917 said:

I feel slightly more in favour of the HSBC one because of the fees but both funds are pretty similar.

The main advantage of the HSBC fund in my view is that it includes emerging markets, which most people would want, whereas the Fidelity fund does not.