Lazy ISA - Are all FTSE trackers the same bar charges?

[DSLiverpool]

After the (possible) next crash I intend to shove all my ISA cash into a lazy ISA FTSE tracker till the market pops up again, its money I dont need any time soon.

Question is are all trackers the same, Im thinking of the Virgin FTSE all share one with 1% charges.

Is independent past performance data available? would I need it? I guess not if they are all the same (bar charges)

[cailean]

In theory they should be, but why just track a market when they are better performing funds where managers add value, albeit they also make mistakes but you are more likely to do better than a tracker even with higher fees.

[DSLiverpool]

Agree but see the LAZY bit in the title, this is not a huge sum but not insignificant. I purely want to do this IF / WHEN we crash back to 5250 / Ish then leave it till it climbs up again with minimum effort, a few divis and no tax.

[Countdown]

cailean said:

In theory they should be, but why just track a market when they are better performing funds where managers add value, albeit they also make mistakes but you are more likely to do better than a tracker even with higher fees.

My understanding was that most fund managers fail to beat the market?

Fund managers and luck

[dingg]

Very interesting thread here worth a look for stress free investment

http://uk.advfn.com/cmn/fbb/thread.php3?id=9227087

you may have to register

[raptor600]

cailean said:

In theory they should be, but why just track a market when they are better performing funds where managers add value, albeit they also make mistakes but you are more likely to do better than a tracker even with higher fees.

No you aren't.

http://www.cnbc.com/id/100405142

LiverpoolDS:

I would not put the money in the Virgin tracker - the fees are ridiculous! 1% every year with no cap...no thanks.

Just set up an S&S ISA and buy 'shares' in iShares FTSE 100 tracker. Most competitors don't charge a fee - and when they do (like Halifax who I am with) it is only small and also capped at £80 ish per annum.

[ringram]

Yep, best to use a low cost tracker.

HSBC seems to have the best FTSE trackers. Costs only 0.2x%, why waste 3x as much on fees with the 1% crew!?

Wrap it in a ISA and job done.

That being said, you might be waiting a very long time for it to drop to 5200.
I think markets are overbought, but depending on news they may not drop back for a while.
They may pull back to just under 6000, but US debt cieling, or a European implosion etc would need to happen for anything major IMO.
But of course trying to forecast these things is impossible.

[ellroy]

Buy an ETF.

Fees from 0.1%.

[DSLiverpool]

Guys thanks, 5200 was a generalisation, I meant when we see value, is there a link to the I shares 100 please

[raptor600]

DSLiverpool said:

Guys thanks, 5200 was a generalisation, I meant when we see value, is there a link to the I shares 100 please

http://uk.ishares.com/en/rc/products/ISF

[Newc]

Vanguard FTSE 100 ETF. VUKE.L Why pay more?

[DSLiverpool]

An ETF is ? Guess F is for fund lol

[ellroy]

Correct. Exchange traded fund to be precise. iShares are ETFs.

[Adam B]

ellroy said:

Buy an ETF.

Fees from 0.1%.

What this man says - ishares or vanguard, vanguard very cheap at the moment

[Fittster]

DSLiverpool said:

After the (possible) next crash I intend to shove all my ISA cash into a lazy ISA FTSE tracker till the market pops up again, its money I dont need any time soon.

How many dividends are you going to miss while you wait for the FTSE to hit your entry point?

[DSLiverpool]

That's a gamble as is all investing, my gamble is that the market is easily spooked and whilst offering value the sheep panic and you can rebuy your portfolio at less cost maybe missing a few divs.

I can't believe the crap in Spain is forgotten about forever - once in the news again the market will drop (I guess)

[greygoose]

Rather than wait for the market to fall (and guess at when the low point has been reached) why not put money in on a monthly basis to iron out the peaks and troughs?

[DSLiverpool]

I am doing that as well - belt and braces.