Global Tracker costs.....

Ciprico

For hisorical reasons, and maybe through error I have several different flavours of global tracker in my SIPP

HMWO was my prefered and was the cheapest at the time (currently charges .15% )
SWLD current prefered (charges .12%)
but I also have a fair wack of SWDA  (charge .2%)

Just doing the maths it would seem wise to sell SWDA and buy SWLD, but is it as simple as that ?

I appreciate there are spread/dealing costs - but as these should be held for a number of years they should not be too significant over the longer term...

Am I missing something...?

Are there better/cheaper trackers...???

I'm not overly concerned about accumulation or distributive, providing there isn't an exchange rate hit, but need to be ETF as held on HL...

JohnWinder

From a distance, they're all about the same in terms of what they invest in, and unless you get off on this sort of stuff they're all just fine.  None hold emerging markets or small cap stocks, but that's not likely to be significant one way or the other compared with your own behavioural issues which are a challenge for all investors to avoid losing out to.

I don't think 0.08% in fee difference is a big issue, but you know your numbers so do some compound interest calculations to see what effect it would have; how much is invested, for how long, and how much you'll add over that time.

How to choose a fund? Identify a decent index(es) you'd be happy with; look for a fund which tracks it with a small (very small) tracking error (this is where the big boys with the long history have the edge I think); choose one with low fees preferably which has a history of reducing fees rather than increasing them (Vanguard tend to do that, HSBC recently increased one of their well established fund's fees). Don't choose a fund that might close down on you (usually the smaller ones); the big well established ones probably won't since they make plenty of money for the business.

InvesterJones

There's also LGGG which is a little cheaper still (accumulation), and PRIW even cheaper still, though income in that case.