S&P 500 Distributing ETF

mills112

https://forums.moneysavingexpert.com/discussion/comment/81925397#Comment_81925397

symantics

mills112

thank you!

mills112

yes, they are sold in dollars or GB. i am looking for the GB ones.

mills112

https://forums.moneysavingexpert.com/discussion/comment/81925735#Comment_81925735

i am looking for a very simple answer. yes, understandably people are trying to help as they worry people don't know what they are doing, but this isn't the case. it may look like i don't know what i am doing, but to anyone who is concerned, don't be. I know what i am doing, lol.

my question may sound strange as it is too simple, but that is all i need.

masonic

https://forums.moneysavingexpert.com/discussion/comment/81926606#Comment_81926606

It might help if you indicate to whom you are replying, but I'll assume this one was in response to my question. ETFs have three currencies: a base currency, a distribution currency, and a trading currency. The distribution currency is the one that has ongoing forex implications each time you receive a dividend. You seem to be referring to the trading currency. An OEIC or UT, rather than an ETF, would be a better choice for a distributing fund.

mills112

https://forums.moneysavingexpert.com/discussion/comment/81926615#Comment_81926615

i am looking for one that is priced in GB, and dividends paid in GB, and I am looking for ETF, nothing else.

masonic

https://forums.moneysavingexpert.com/discussion/comment/81926643#Comment_81926643

Then I think you are out of luck, unless you are willing to consider a currency-hedged ETF. And currency hedging equities is generally ill-advised.

But, in the interests of compliance with your specific request: https://www.justetf.com/uk/etf-profile.html?isin=IE00BD8KRH84

dunstonh

https://forums.moneysavingexpert.com/discussion/comment/81926643#Comment_81926643

So, you are not looking for a currency hedged version?

With currency hedging you get the pure S&P500 performance. i.e. you will get what the S&P500 does.

Without it you get S&P500 performance adjusted for exchange rate from dollars to sterling. That means you returns will be quite different to the S&P500 that Americans see.

So, are you looking for a hedged or unhedged version given your reference to GBP

mills112

https://forums.moneysavingexpert.com/discussion/comment/81926722#Comment_81926722

something like the VUSA, which someone had kindly mentioned!

https://www.hl.co.uk/shares/shares-search-results/v/vanguard-funds-plc-s-and-p-500-etf-usdgbp

EthicsGradient

https://forums.moneysavingexpert.com/discussion/comment/81927231#Comment_81927231

VUSA pays its dividends in US dollars.