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So those trackers are suitable, but just pick one of them, and use a different platform than HL?
If you decide to hold the fund in an iWeb ISA then go for the Accumulation version to avoid needing to regularly pay a £5 trade reinvest income unless you want to draw the income.
It's a minor point but automatic dividend reinvestment doesn't attract the £5 fee, it's 2% of the amount with a max of £5 but if you can avoid paying it at all then Acc version is definitely better.
Remember the saying: if it looks too good to be true it almost certainly is.
It's a minor point but automatic dividend reinvestment doesn't attract the £5 fee, it's 2% of the amount with a max of £5 but if you can avoid paying it at all then Acc version is definitely better.
Oh yes forgot that but still on £32k with say a global tracker paying around 1.5% income that's still roughly £10 a year if set to reinvest automatically or maybe £20 a year if done as 4 manual trades. Either way we agree an Acc is preferable if the income is not needed.
