Thoughts on Fidelity

newbieni

I have been thinking for a bit about setting up a JISA for my children, today I opted for Fidelity and chose the fund Fidelity Index World Fund P-Acc. I felt this was a good low maintenance option.

I'll also probably keep a small share within my own portfolio for them so that I have total control over that.

I would be interested in any thoughts people have on what I've done.

aroominyork

Fidelity Index World excludes emerging markets. Is that your intentional approach?

DeLaSole

Hi newbieni,

This is our 10th year with investments on Fidelity and we too have a JISA for our child with them which contains that fund. It's a low-cost, simple option though it 'misses' exposure to some things, such as emerging markets.

In the event you wanted emerging markets exposure, something like HSBC's FTSE All-World tracker would achieve that but a separate EM fund could obviously just be invested in alongside the main Fidelity one.

Best wishes.

newbieni

aroominyork said:

Fidelity Index World excludes emerging markets. Is that your intentional approach?

DeLaSole said:

Hi newbieni,

This is our 10th year with investments on Fidelity and we too have a JISA for our child with them which contains that fund. It's a low-cost, simple option though it 'misses' exposure to some things, such as emerging markets.

In the event you wanted emerging markets exposure, something like HSBC's FTSE All-World tracker would achieve that but a separate EM fund could obviously just be invested in alongside the main Fidelity one.

Best wishes.

Thanks both, no I did not intend to avoid emerging markets, I only have £50 invested at the moment, perhaps another share on the world tracker might be better?

ColdIron

A decent developed world fund with low costs. Lack of EM hasn't hurt its performance in the last 5 years. The OP could do worse than just leaving things as they are and not meddling adding other funds. There's a lot so be said for low maintenance

Albermarle

newbieni said:

aroominyork said:

Fidelity Index World excludes emerging markets. Is that your intentional approach?

DeLaSole said:

Hi newbieni,

This is our 10th year with investments on Fidelity and we too have a JISA for our child with them which contains that fund. It's a low-cost, simple option though it 'misses' exposure to some things, such as emerging markets.

In the event you wanted emerging markets exposure, something like HSBC's FTSE All-World tracker would achieve that but a separate EM fund could obviously just be invested in alongside the main Fidelity one.

Best wishes.

Thanks both, no I did not intend to avoid emerging markets, I only have £50 invested at the moment, perhaps another share on the world tracker might be better?

There is an argument for and against emerging markets but as said performance will not be affected greatly one way or the other. Maybe once the fund is a lot bigger you can think about it again.

masonic

I favour HSBC's FTSE All-world tracker in my pension for the EM inclusion, but the time to be concerned with such tinkering is when you've a 5 figure sum invested in the fund.

DeLaSole

newbieni said:

aroominyork said:

Fidelity Index World excludes emerging markets. Is that your intentional approach?

DeLaSole said:

Hi newbieni,

This is our 10th year with investments on Fidelity and we too have a JISA for our child with them which contains that fund. It's a low-cost, simple option though it 'misses' exposure to some things, such as emerging markets.

In the event you wanted emerging markets exposure, something like HSBC's FTSE All-World tracker would achieve that but a separate EM fund could obviously just be invested in alongside the main Fidelity one.

Best wishes.

Thanks both, no I did not intend to avoid emerging markets, I only have £50 invested at the moment, perhaps another share on the world tracker might be better?

As has been said, it likely won't make much difference whether you're in the Fidelity fund or, for example, the HSBC one until there's a significant sum in the JISA. After all, the HSBC fund's EM exposure is only ~8%. So, given your current situation, keeping things simple rather than having multiple funds on the go would make sense to me. 

Good luck!

newbieni

Thanks, all - good advice as always.