We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 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!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Choosing a single ETF

24

Comments

  • artyboy
    artyboy Posts: 1,954 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Out of curiosity OP, why did HMWO not make your shortlist?
  • Aidanmc
    Aidanmc Posts: 1,516 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: 2,938 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 11 July 2024 at 5:53PM
    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: 1,417 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: 5,803 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: 18,421 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: 10,487 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: 445 Forumite
    Part of the Furniture 100 Posts Name Dropper 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: 2,938 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: 3,639 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.
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
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.