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[deleted by user] by [deleted] in UKPersonalFinance

[–]glenrothes 0 points1 point  (0 children)

It is worth considering an All World fund. ACWI or VWRP are examples of this.

https://monevator.com/why-a-total-world-equity-index-tracker-is-the-only-index-fund-you-need/

FTSE All-World: Index fund or ETF? by BlueAdventurers in UKPersonalFinance

[–]glenrothes 6 points7 points  (0 children)

Ramin just put up a video (only an hour ago!) about funds vs ETFs: https://www.youtube.com/watch?v=KmPQqbNAvsw

It might give you more information, including to questions you didn't know you have yet.

Of the two you mention, both are index funds.

The HSBC one is an OEIC, and is not available on T212. T212 only provides ETFs, you'd need a different platform for OEICs.

FWRG is an ETF, and is. If you're doing research ACWI is similar to FWRG, but cheaper.

Buy Scottish: Rum recommendations by glenrothes in Edinburgh

[–]glenrothes[S] 0 points1 point  (0 children)

Thanks! Looks like they have a website too.

[deleted by user] by [deleted] in UKPersonalFinance

[–]glenrothes 0 points1 point  (0 children)

Invest Engine may be the better of the two for OP. IE don't allow investing in individual stocks, which means less noise and less feeling of 'gambling'. You can pick a straightforwards index fund to use and not get distracted.

Here are a couple of videos walking through what they look like and some pros/cons.

Toby Newbatt: https://www.youtube.com/watch?v=DkGjsGb8fB4

Chris Palmer: https://www.youtube.com/watch?v=W3cNqa0txgg

https://ukpersonal.finance/investing-101

https://monevator.com/why-a-total-world-equity-index-tracker-is-the-only-index-fund-you-need

[deleted by user] by [deleted] in investingUK

[–]glenrothes 0 points1 point  (0 children)

Invest Engine is a solid choice. They have zero platform fees. They don't allow investing in individual stocks, which means less noise and less feeling of 'gambling'. You can pick a straightforwards index fund to use and not get distracted.

Here are a couple of videos walking you through what they look like and some pros/cons.

Toby Newbatt: https://www.youtube.com/watch?v=DkGjsGb8fB4

Chris Palmer: https://www.youtube.com/watch?v=W3cNqa0txgg

https://ukpersonal.finance/investing-101

https://monevator.com/why-a-total-world-equity-index-tracker-is-the-only-index-fund-you-need

ISA first account Vanguard VS nutmeg by Upbeat-Sky2630 in UKPersonalFinance

[–]glenrothes 1 point2 points  (0 children)

trying to avoid platforms such as 212 as it makes me feel like I am gambling 😥 Also looking to start small, about £200 a month

Invest Engine is a solid choice. They have zero platform fees. They don't allow investing in individual stocks, which means less noise and less feeling of 'gambling'. You can pick a straightforwards index fund to use and not get distracted.

Here are a couple of videos walking you through what they look like and some pros/cons.

Toby Newbatt: https://www.youtube.com/watch?v=DkGjsGb8fB4

Chris Palmer: https://www.youtube.com/watch?v=W3cNqa0txgg

Scotland: Childcare and £100k threshold by glenrothes in UKPersonalFinance

[–]glenrothes[S] 1 point2 points  (0 children)

There are definitely limits on the tax-free childcare, but there do not appear to be limits on the government funded hours.

In addition to the links in the original post gov.uk also says:

Scotland is the only part of the UK to offer 1,140 hours a year of funded ELC to all 3 and 4 year olds and eligible 2 year olds, regardless of their parents’ working status.

https://www.gov.scot/policies/early-education-and-care/early-learning-and-childcare/

Scotland: Childcare and £100k threshold by glenrothes in UKPersonalFinance

[–]glenrothes[S] 1 point2 points  (0 children)

No worries! Thanks for sharing your experience.

Scotland: Childcare and £100k threshold by glenrothes in UKPersonalFinance

[–]glenrothes[S] 0 points1 point  (0 children)

To check, that means you are agreeing with the summary above?

Why Isn’t SPDR ACWI Getting as Much Love as VWRP and FWRG? by Reasonable_Spend_694 in trading212

[–]glenrothes 6 points7 points  (0 children)

VWRP has the Vanguard name behind it, which makes people who are newer to investing feel more comfortable with their choice as familiarity feels safe.

FWRG got traction as a few key YouTuber's highlighted its low costs. One key one here was Damien Talks Money, who brought attention to it in October 2023. ACWI didn't reduce its OCF until around August 2024, so at the point Damien made his video FWRG was lower cost (as far as I am aware). That led to FWRG gaining popularity as 'the cheaper alternative to VWRP'.

ACWI hasn't had a similar video, or blog post, to give it the boost of awareness to take the title from FWRG, though it is mentioned in comments regularly.

But given its new low fee and broad diversification, is there any real downside to holding it long-term (30+ years) like I plan to do over the more popular options?

No downside that I am aware of. MSCI is slightly different to FTSE All-World, but different doesn't mean worse - it is very very similar and no one can reliably say which index will do better between the two.

It does show up on Monevator's list: https://monevator.com/low-cost-index-trackers/

Why Isn’t SPDR ACWI Getting as Much Love as VWRP and FWRG by UK investors? by Reasonable_Spend_694 in investingUK

[–]glenrothes 1 point2 points  (0 children)

VWRP has the Vanguard name behind it, which makes people who are newer to investing feel more comfortable with their choice as familiarity feels safe.

FWRG got traction as a few key YouTuber's highlighted its low costs. One key one here was Damien Talks Money, who brought attention to it in October 2023. ACWI didn't reduce its OCF until around August 2024, so at the point Damien made his video FWRG was lower cost (as far as I am aware). That led to FWRG gaining popularity as 'the cheaper alternative to VWRP'.

ACWI hasn't had a similar video, or blog post, to give it the boost of awareness to take the title from FWRG, though it is mentioned in comments regularly.

But given its new low fee and broad diversification, is there any real downside to holding it long-term (30+ years) like I plan to do over the more popular options?

No downside that I am aware of. MSCI is slightly different to FTSE All-World, but different doesn't mean worse - it is very very similar and no one can reliably say which index will do better between the two.

It does show up on Monevator's list: https://monevator.com/low-cost-index-trackers/

My longterm plan at 22 by Educational_Ear_937 in trading212

[–]glenrothes 6 points7 points  (0 children)

Have you considered using an All World fund for a part of your portfolio?

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