jester
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Post by jester on Feb 17, 2022 14:34:37 GMT
I hold Vanguard FTSE Global All Cap, an ongoing charge of 0.23% and HSBC FTSE All World Index, an ongoing charge of 0.13% and I believe Annual Management Charge of 0.1% = 0.23%
Are these as cheap as I can hope for with global trackers denominated in GBP??
I see USD based ETFs as cheap as 0.11% on comparison articles!
If you hold such funds what's your go to?
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james100
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Post by james100 on Feb 17, 2022 15:18:21 GMT
I hold Vanguard FTSE Global All Cap, an ongoing charge of 0.23% and HSBC FTSE All World Index, an ongoing charge of 0.13% and I believe Annual Management Charge of 0.1% = 0.23% Are these as cheap as I can hope for with global trackers denominated in GBP?? I see USD based ETFs as cheap as 0.11% on comparison articles! If you hold such funds what's your go to? Not as "funds" per the definition of some brokerages eg HL, Barclays who levy different % custody/account management fees for them (I think), but as ETFs. 1) Vanguard FTSE All-World (ongoing charge 0.22%) held as VWRP (accumulator version - in tax-wrapped accounts only), VWRD (income USD version - purchased using USD outside tax wrappers) & VWRL (income GBP version - purchased using GBP outside tax wrappers) 2) HSBC MSCI World (ongoing charge 0.15%) held as HMWD (income version - purchased using USD outside tax wrappers) note: this excludes emerging When assessing costs, consider: 1) Ongoing "invisible" costs charged by the asset 2) Holding costs (management, custody fees) charged by the broker which may vary according to "fund" vs "etf" 3) Transaction costs (direct, charged by the broker) 4) Bid/spread variance (indirect, implied by liquidity correlated with holding volume) And probably some other stuff I've forgotten.
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macq
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Post by macq on Feb 17, 2022 15:32:55 GMT
I hold Vanguard FTSE Global All Cap, an ongoing charge of 0.23% and HSBC FTSE All World Index, an ongoing charge of 0.13% and I believe Annual Management Charge of 0.1% = 0.23% Are these as cheap as I can hope for with global trackers denominated in GBP?? I see USD based ETFs as cheap as 0.11% on comparison articles! If you hold such funds what's your go to? Not sure how much you save and i guess things like tracking error or spread etc come into it and also might not be like for like - but i know Fidelity offer ETF's L&G Global (LGGG) @ 0.1% and Amundi Prime Global @ 0.05% and i would guess there are others
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jester
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Post by jester on Feb 19, 2022 18:33:44 GMT
Thanks for the input, I'm investing in a long term global tracker within my Lifetime ISA so hoping not to trade it until I'm 60 .... a couple of decades away which blows my mind.
I think I'll go for the LGGG now while markets are down approx 10% although Putin could make that look like small fry anyday!!
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agent69
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Post by agent69 on Feb 19, 2022 19:25:20 GMT
Thanks for the input, I'm investing in a long term global tracker within my Lifetime ISA so hoping not to trade it until I'm 60 .... a couple of decades away which blows my mind. I think I'll go for the LGGG now while markets are down approx 10% although Putin could make that look like small fry anyday!! I recall the markets falling before the Gulf war, but going up once the fighting started (on the basis that the markets don't like uncertainty, but they are happy once the shooting starts).
Anyway, isn't the impact of war already factored into the market rates?
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mogish
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Post by mogish on Feb 19, 2022 23:21:01 GMT
Thanks for the input, I'm investing in a long term global tracker within my Lifetime ISA so hoping not to trade it until I'm 60 .... a couple of decades away which blows my mind. I think I'll go for the LGGG now while markets are down approx 10% although Putin could make that look like small fry anyday!! I recall the markets falling before the Gulf war, but going up once the fighting started (on the basis that the markets don't like uncertainty, but they are happy once the shooting starts).
Anyway, isn't the impact of war already factored into the market rates?
Vwrp and vanguard global tracker for me.... buying opportunity?
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agent69
Member of DD Central
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Post by agent69 on Feb 20, 2022 9:39:05 GMT
I recall the markets falling before the Gulf war, but going up once the fighting started (on the basis that the markets don't like uncertainty, but they are happy once the shooting starts).
Anyway, isn't the impact of war already factored into the market rates?
Vwrp and vanguard global tracker for me.... buying opportunity? You know what they say - it's time in the market, not timing the market that counts.
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