📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Which other fund

Options
2

Comments

  • ColdIron
    ColdIron Posts: 9,851 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 1 February 2024 at 9:53PM
    london21 said:
    My ISA cash transfer completed today. Is it better to stick with the FTSE global all cap index or move the new money into UBS S&P 500 index acc, slightly higher risk a 6.
    You do know that pretty much everything in the S&P 500 is already in the all cap? What do you hope to achieve other than ditching the UK, Europe, Asia Pacific, Japan and Emerging Markets, allocating everything to a single country and turning up the risk knob to 11?
  • london21
    london21 Posts: 2,157 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    ColdIron said:
    london21 said:
    My ISA cash transfer completed today. Is it better to stick with the FTSE global all cap index or move the new money into UBS S&P 500 index acc, slightly higher risk a 6.
    You do know that pretty much everything in the S&P 500 is already in the all cap? What do you hope to achieve other than ditching the UK, Europe, Asia Pacific, Japan and Emerging Markets, allocating everything to a single country and turning up the risk knob to 11?
    Thanks will stick with FTSE global all cap index.

    Why is the HSBC 
    FTSE global all cap index fees cheaper than Vanguard FTSE global all cap index  they are the same but perhaps Vanguard more branded. I am using Iweb so more flexibility. 
  • ColdIron
    ColdIron Posts: 9,851 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 1 February 2024 at 11:08PM
    london21 said:
    Why is the HSBC FTSE global all cap index fees cheaper than Vanguard FTSE global all cap index  they are the same but perhaps Vanguard more branded. I am using Iweb so more flexibility. 
    Is there an HSBC FTSE Global All Cap? There is an HSBC FTSE All-World. If so it's a different index. The all cap index tracks about 7,000 large, mid and small cap companies. The all world index with 3,000 mostly large cap companies is probably cheaper to run
  • london21
    london21 Posts: 2,157 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    ColdIron said:
    Is there an HSBC FTSE Global All Cap? There is an HSBC FTSE All-World. If so it's a different index. The all cap index tracks about 7,000 large, mid and small cap companies. The all world index with 3,000 mostly large cap companies is probably cheaper to run
    It's called HSBC FTSE ALL WORLD INDEX

    Thanks will stick with the 
     VANGUARD INV FDS FTSE GBL ALL CAP INDEX GBP
  • london21 said:
    ColdIron said:
    Is there an HSBC FTSE Global All Cap? There is an HSBC FTSE All-World. If so it's a different index. The all cap index tracks about 7,000 large, mid and small cap companies. The all world index with 3,000 mostly large cap companies is probably cheaper to run
    It's called HSBC FTSE ALL WORLD INDEX

    Thanks will stick with the  VANGUARD INV FDS FTSE GBL ALL CAP INDEX GBP
    That's a perfectly fine choice for now.
    And so we beat on, boats against the current, borne back ceaselessly into the past.
  • JohnWinder
    JohnWinder Posts: 1,862 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    edited 3 February 2024 at 1:11AM
    london21 said:
    Is it better to stick with the FTSE global all cap index or move the new money into UBS S&P 500 index acc, slightly higher risk a 6. 

    I have the current funds in Vanguard FTSE global all cap index

    Is it worth moving to HSBC FTSE all world index due to slightly cheaper fees. 

    As I read it one includes small cap, the other which doesn't claims it is missing only the smallest 10% of what they could invest in. So they're both pretty darn broad in coverage and likely not much between them in returns, although a fund manager might squeeze more or less out of the index than another manager could - likely not much.

    Which is a long way of saying you ought to be up to finding this information out yourself. If you think you'll get a more informed answer from a small handful of unselected folk on the internet than you could arrive at yourself then I'd suggest reading Hale's book Smarter Investing. You'll be your own guru and well prepared to answer other people asking questions like yours, and much more aware that fund choice has a lot to do with personal circumstances and preferences which you'll know about for yourself better than any of us.

  • Linton
    Linton Posts: 18,174 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    london21 said:
    1) My ISA cash transfer completed today. Is it better to stick with the FTSE global all cap index or move the new money into UBS S&P 500 index acc, slightly higher risk a 6. 

    I have the current funds in Vanguard FTSE global all cap index

    2) Is it worth moving to HSBC FTSE all world index due to slightly cheaper fees. 
    1) VFGAC is already  60% US.  The S&P500 is the main US index.  Why do you think you want even more US which implies less % for everything else?

    2) To repeat @eskbanker:
    eskbanker said:
    Fees should be fairly well down the list of evaluation criteria for funds, so it'll be more important to select something contributing to strategy, objectives, etc, while also meeting allocation preferences and so on.
    VFGAC includes smaller companies HSBC FTSE All World does not.  Which do you want?  In my view wider diversification is always desirable. This is a more important question than the relatively small difference (in £ terms) between the two funds' charges.


  • LHW99
    LHW99 Posts: 5,242 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The S&P 500 index is 100% USA large companies. I suspect people here would use it alongside other funds to make up their US / Europe / UK / Emerging Markets spread in the proportions they like it to be.
    A FTSE Global all cap tracker will cover all those geographies in a proportion determined by the fund managers / target, so is much more diversified geographically than the S&P, and will include smaller companies than the S&P.
  • Linton
    Linton Posts: 18,174 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    ColdIron said:
    london21 said:
    Why is the HSBC FTSE global all cap index fees cheaper than Vanguard FTSE global all cap index  they are the same but perhaps Vanguard more branded. I am using Iweb so more flexibility. 
    Is there an HSBC FTSE Global All Cap? There is an HSBC FTSE All-World. If so it's a different index. The all cap index tracks about 7,000 large, mid and small cap companies. The all world index with 3,000 mostly large cap companies is probably cheaper to run
    AIUI the FTSE Global All Cap index is a private one commissioned by Vanguard from LSE who own the FTSE indexes. Vanguard also do this with their higher dividend index funds.

  • IanManc
    IanManc Posts: 2,452 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Linton said:
    ColdIron said:
    london21 said:
    Why is the HSBC FTSE global all cap index fees cheaper than Vanguard FTSE global all cap index  they are the same but perhaps Vanguard more branded. I am using Iweb so more flexibility. 
    Is there an HSBC FTSE Global All Cap? There is an HSBC FTSE All-World. If so it's a different index. The all cap index tracks about 7,000 large, mid and small cap companies. The all world index with 3,000 mostly large cap companies is probably cheaper to run
    AIUI the FTSE Global All Cap index is a private one commissioned by Vanguard from LSE who own the FTSE indexes. Vanguard also do this with their higher dividend index funds.

    Wiki says it is part of a series launched in 2003:

    https://en.wikipedia.org/wiki/FTSE_Global_Equity_Index_Series#:~:text=FTSE Global All Cap Index,cap and large cap stocks
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.