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Choosing a single ETF

Options
24

Comments

  • artyboy
    artyboy Posts: 1,610 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Out of curiosity OP, why did HMWO not make your shortlist?
  • Aidanmc
    Aidanmc Posts: 1,317 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    artyboy said:
    Out of curiosity OP, why did HMWO not make your shortlist?

    I am just wondering about that!
    From a quick look again, HMWO is a distributing etf and i was preferring an Accumulation one.
    I'm not sure if there is a accumulation version of that one. If it came up in my research i would have included it.
    Also, i was using Trading 212 as platform.
    I went with FWRG after all!
  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 11 July 2024 at 6:53PM
    Aidanmc said:
    artyboy said:
    Out of curiosity OP, why did HMWO not make your shortlist?

    I am just wondering about that!
    From a quick look again, HMWO is a distributing etf and i was preferring an Accumulation one.
    I'm not sure if there is a accumulation version of that one. If it came up in my research i would have included it.
    Also, i was using Trading 212 as platform.
    I went with FWRG after all!
    HMWO distributes dividends in its base currency, USD (this seems to be the case for all world equity ETFs - interested to hear if someone knows of a world ETF that distributes in GBP without incurring any FX charges).

    The problem with distributing world equity ETFs like HMWO is that you incur FX exchange fees whenever you receive a dividend. Best to stick with an accumulation version.
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • InvesterJones
    InvesterJones Posts: 1,217 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Aidanmc said:
    artyboy said:
    Out of curiosity OP, why did HMWO not make your shortlist?

    I am just wondering about that!
    From a quick look again, HMWO is a distributing etf and i was preferring an Accumulation one.
    I'm not sure if there is a accumulation version of that one. If it came up in my research i would have included it.
    Also, i was using Trading 212 as platform.
    I went with FWRG after all!
    HMWO distributes dividends in its base currency, USD (this seems to be the case for all world equity ETFs - interested to hear if someone knows of a world ETF that distributes in GBP without incurring any FX charges).

    VWRL (also IWRD but that's pricey)

  • Nebulous2
    Nebulous2 Posts: 5,672 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Aidanmc said:
    artyboy said:
    Out of curiosity OP, why did HMWO not make your shortlist?

    I am just wondering about that!
    From a quick look again, HMWO is a distributing etf and i was preferring an Accumulation one.
    I'm not sure if there is a accumulation version of that one. If it came up in my research i would have included it.
    Also, i was using Trading 212 as platform.
    I went with FWRG after all!
    HMWO distributes dividends in its base currency, USD (this seems to be the case for all world equity ETFs - interested to hear if someone knows of a world ETF that distributes in GBP without incurring any FX charges).

    VWRL (also IWRD but that's pricey)


    I'm not sure there is likely to be a great deal of difference between different global trackers - but then I'm no expert. 

    Anyway - my weapon of choice is VWRP. The accumulating version of VWRL. 
  • Linton
    Linton Posts: 18,164 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    Nebulous2 said:
    Aidanmc said:
    artyboy said:
    Out of curiosity OP, why did HMWO not make your shortlist?

    I am just wondering about that!
    From a quick look again, HMWO is a distributing etf and i was preferring an Accumulation one.
    I'm not sure if there is a accumulation version of that one. If it came up in my research i would have included it.
    Also, i was using Trading 212 as platform.
    I went with FWRG after all!
    HMWO distributes dividends in its base currency, USD (this seems to be the case for all world equity ETFs - interested to hear if someone knows of a world ETF that distributes in GBP without incurring any FX charges).

    VWRL (also IWRD but that's pricey)


    I'm not sure there is likely to be a great deal of difference between different global trackers - but then I'm no expert. 

    Anyway - my weapon of choice is VWRP. The accumulating version of VWRL. 
    Agree completely, over a reasnable time period any difference between broad global trackers should be little more than noise rather than life-changng.
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    george4064 said:
    The problem with distributing world equity ETFs like HMWO is that you incur FX exchange fees whenever you receive a dividend. Best to stick with an accumulation version.
    My ex held HMWO in her Fidelity SIPP and when I asked via secure message why there were no FX fees showing on her (or my VEVE) account statements I was told that they were being paid in GBP at source so the platform was not applying conversion fees.
  • fizio
    fizio Posts: 428 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I looked at a similar scenario and went mostly with the vanguard dev world acc from your list as vanguard is the platform I use. My non vanguard platform is II so I went with hsbc all world with that cash
  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    FWRG's AuM increased from about $92mln on 31 January to about $163mln on 31 March.

    The ETF was up about 8% during that period, so vast majority of the increased AuM is down to more people buying it.
    FWRG ETF’s AuM continues to increase, now at $383m (10 July).
    $477m as at 16 August 
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • aroominyork
    aroominyork Posts: 3,334 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Alexland said:
    george4064 said:
    The problem with distributing world equity ETFs like HMWO is that you incur FX exchange fees whenever you receive a dividend. Best to stick with an accumulation version.
    My ex held HMWO in her Fidelity SIPP and when I asked via secure message why there were no FX fees showing on her (or my VEVE) account statements I was told that they were being paid in GBP at source so the platform was not applying conversion fees.
    Yeah, I was sorry to hear you'd split up.
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