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    • C_Mababejive
    • By C_Mababejive 13th May 19, 4:47 PM
    • 10,855Posts
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    C_Mababejive
    IT (CTY ?) or low cost FTSE tracker..?
    • #1
    • 13th May 19, 4:47 PM
    IT (CTY ?) or low cost FTSE tracker..? 13th May 19 at 4:47 PM
    I'm just having a look at what i already have invested. I have some CTY. Part of me thinks that instead of CTY i should buy into a low cost FTSE tracker.

    Reasons;

    CTY doesnt accumulate so i have to reinvest when i think prudent to do so,hopefully on the dips,which involves some cost

    Potentially CTY costs more to invest in

    CTY is not as widely diversified as a FTSE tracker which could be seen as good or not so good depending on your view.

    I dont need income right now and may not need it for 10 years or more. My SIPP is essentially running as a tax management vehicle at the moment though of course i want a good return also..

    All comments welcome,,with thanks
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
Page 1
    • Tom99
    • By Tom99 13th May 19, 5:49 PM
    • 4,259 Posts
    • 2,997 Thanks
    Tom99
    • #2
    • 13th May 19, 5:49 PM
    • #2
    • 13th May 19, 5:49 PM
    I'm just having a look at what i already have invested. I have some CTY. Part of me thinks that instead of CTY i should buy into a low cost FTSE tracker.
    Reasons;
    CTY doesn't accumulate so i have to reinvest when I think prudent to do so,hopefully on the dips,which involves some cost
    Potentially CTY costs more to invest in
    CTY is not as widely diversified as a FTSE tracker which could be seen as good or not so good depending on your view.
    I don't need income right now and may not need it for 10 years or more. My SIPP is essentially running as a tax management vehicle at the moment though of course i want a good return also..
    All comments welcome,with thanks
    Originally posted by C_Mababejive
    Maybe not as many holdings as a FTSE All Share tracker but both have c 35% in their top 10 holdings. With CTY 4.84% is in HSBC and a FTSE All Share about c 5.5% in HSBC so I'm not sure a FTSE tracker would give you that much more of a wide diversification.
    • Alexland
    • By Alexland 13th May 19, 8:24 PM
    • 5,087 Posts
    • 4,407 Thanks
    Alexland
    • #3
    • 13th May 19, 8:24 PM
    • #3
    • 13th May 19, 8:24 PM
    If you don't need the income and are incurring trade fees to reinvest dividends then I would go for a low cost, total return and globally diversified accumulation fund such as the HSBC FTSE All World.
    • C_Mababejive
    • By C_Mababejive 14th May 19, 6:07 PM
    • 10,855 Posts
    • 9,669 Thanks
    C_Mababejive
    • #4
    • 14th May 19, 6:07 PM
    • #4
    • 14th May 19, 6:07 PM
    yes i need to have a think about it. My current strategy is to auto reinvest the divi on the dips and take the cash when its in the green..
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
    • ColdIron
    • By ColdIron 14th May 19, 7:16 PM
    • 5,259 Posts
    • 7,203 Thanks
    ColdIron
    • #5
    • 14th May 19, 7:16 PM
    • #5
    • 14th May 19, 7:16 PM
    CTY is a good income IT but I wouldn't use it for growth especially if it incurs costs to reinvest that income
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