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theshidoshi

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About theshidoshi

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  1. Thank you so much. I learnt a lot. I do have one question. My example above is the future weighting. I tried it with my current portfolio I am trying to restructure and got a TER that is much much lower than I expected. I tested with our example above and ot worked but when applied to my current holdings it comes up with 0.05% which I find strange Below is the ETF table (currently only 25% of my ISA portfolio) Symbol - TER - Weighting CSP1 0.07% 8.62% CUKX 0.07% 3.99% IUKP 0.40% 2.47% EMIM 0.18% 1.02% GBDV 0.45% 3.59% SWDA 0.20% 3.18% SGLN 0.25% 1.65% I used the formula: =SUMPRODUCT(A1:A7,B1:B7) Answer 0.05% How is that possible with such low TER?
  2. Anyone still out there to help with my query? I sort of get it now but a confirmation would be nice.
  3. How to calculate total TER for an ETF portfolio Hi guys I am a new investor and as I have been learning about ETF portfolio structuring and key things such as keeping a low TER. I am shifting my portfolio to ETF portfolio and I am not sure how to calculate an aggregate TER for the portfolio. I am not sure I am doing the total TER calculation for all 7 ETFs correctly. Example of my ETF structure: Percentage of holding - ETF - TER 40% in CSP1 TER 0.07% 20% in CUKX TER 0.07% 10% in IUKP TER 0.40% 10% in GBDV TER 0.45% 10% in SWDA TER 0.20% 5% in EMIM TER 0.18% 5% in SGLN TER 0.25% Do I calculate it in the following way: A) Sum of all 7 ETF TERs = 1.62% B) Average of all 7 ETF TERs = 0.23% C) Or more complex calculation considering the TER of each ETF in relation to its position size (e.g 40% in CSP1 with TER of 0.07% vs. 5% in EMIM with TER of 0.18% means its a lot cheaper than the simple addition of both TERs) Any explanation with an example would be most helpful. Thank you
  4. Hi all, I need help with calculating not just my total portfolio worth but also all fees. I have played around with IG statements, history, transactions and created a full spreadsheet but not sure how I can get the right figures I am after A scenario (ISA) Current total invested in 2019 £1000 in 2018 if I had invested £1000 that would bring it to £2000 Jan 2019 but then I have taken out £1000 out Total today £1000 Profit £100 up However, if I made £100 worth of fees (custody, commission or exchange rate commission etc) Then in reality, if I look at my overall performance over 2 years as total £2000 invested, with £100 profit and £100 fees so I have canceled out at 0. Sorry for the complicated or oversimplified explanation. I am trying to view the "you are 100 up" as you are 100 up but paid out 100 in fees so your true performance is 0 as it stands. Thanks Is this possible and easy to do?
  5. Hi TrendFollower The only thing is now I am paying custody fees with more than one provider until I get my account consolidated. trying to reduce my fees as well
  6. Hi all. Just an update to say I will put my money where my mouth is. I spoke to IG today on the phone and requested a direct and sincere update on this topic once and for all. No more dangling the carrot that it is in development or imminent. DRIP is not actively being implemented. The project has taken a backseat due to other priorities such as the new European regulations around leverage. They have no resources to commit to implementing DRIP I have given them my feedback that I will be transferring our my ISA and Share Dealing to a competitor mainly for two reasons - No DRIP - No Automatic monthly investing unless it is a smart portfolio The bonus the competitor had was that if you Auto invest, it costs £1 per transaction not the full £10 Also if your Dividend is reinvested it also costs £1. This will save a lot of money, make sure I benefit from Compounding and automate my buying and dollar cost averaging by keep buying every month for a decade or two. Thanks for all your help. I am now content with my decision and my frustration is over.
  7. IG refused to answer this question in many posts and I have also called them. After Xmas I will be taking my ISA investments elsewhere. I have phoned a few competitors and they have both features that IG is lacking, DRIP and ultra-low cost automatic investing within my ISA (stocks or ETFs). This really makes a huge difference in terms of lost opportunities and compounding.
  8. IG refused to answer this question in many posts and I have also called them. After Xmas I will be taking my ISA investments elsewhere. I have phoned a few competitors and they have both features that IG is lacking, DRIP and ultra-low cost automatic investing within my ISA (stocks or ETFs). This really makes a huge difference in terms of lost opportunities and compounding.
  9. Thanks for your reply I noticed IG's Smart Portfolio does that all the time. I want to do the Index investing by myself so I was not sure if I should follow the hedging concept with SP500 tracker investing! Still learning So far my list is the below with LSE:IUSA being the preferred one thus far. CSP1 - iShares Core S&P 500 ETF USD Acc GBP (LSE:CSP1) CSPX - iShares Core S&P 500 ETF USD Acc USD GSPX - iShares Core S&P 500 ETF GBPH Dist (LSE:GSPX) IUSA - iShares S&P 500 UCITS ETF
  10. Hi all, I am a beginner investor and looking to add an index fund regular investment in my portfolio for long-term (20 years) I'd like a UK equivalent to SPX/SPY or S&P500 index but in GBP. Any ideas, pitfalls, tips or what to look for? The comparison charts between my choices below and SPX were almost identical and in some cases, the UK ETF's were marginally higher. A few I looked at are: CSP1 - iShares Core S&P 500 ETF USD Acc GBP (LSE:CSP1) GSPX - iShares Core S&P 500 ETF USD Acc USD ISGSPX - Shares Core S&P 500 ETF GBP (Hedged ) another question I have is "What is the "Hedged" ETF in the above list? I understand hedging concept but having it in this ETF context is slightly confusing. Did they invest in non-SP500 companies to hedge against SP500 downturn? Many thanks
  11. Do you know when this feature will come to the regular ISA portfolio?
  12. Hi @Caseynotes Thanks for your reply. I totally understand what you're saying. It is really frustrating IG is a large provider and much smaller competitors managed to comply with regulations and continue to develop and add features. Can we really afford to stay a few years longer with lost opportunities to reinvest and use the power of compounding? I am sure you can calculate what your gain would have been over the years I have been with IG if my ISA portfolio was compounding rather than pay me out the dividends of those companies. They need to give us a decisive answer so we can make a decision to stay or go. If they say a by this or that quarter, great, we may stay. if they are unsure and it actually takes a few more years, then I will take the money elsewhere. How can they not know when they plan to release something? At least tell us some promising news like (here is the beta site in non-production so you can almost smell what is coming, hang in there). That I would believe. Not the fairy and vague comments they made in the forum for the past few years. Thanks for putting up with my post. I am sure I am voicing the frustrations of many, not just mine.
  13. Back to the topic at hand.. I am doing my research now. I am interested to hear what your top 3 alternatives are and the features that made you or are making you want to leave IG? (perhaps I should move this to a new thread but keen to hear from the leavers due to DRIP ) II (formerly TD) is my main contender as I have been with them before Most important features to me: - DRIP (obviously) - Better reporting dashboard / analytics into my portfolio (better UI too) - Monthly regular (auto) investment into my ISA portfolio (no, not smart or managed portfolio but shares bought equally into few stocks of my choosing) - Easier way for setting Stop losses or Take profit points (not the fiddly way I do it here. I covered this in a separate thread) Cheers
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