Can anyone suggest any good ETFs / other passive investments for me to do on behalf of my daughters?
For background; I've been investing my own money for 30-odd years and am gradually giving lumps to my offspring that I want them to be able to invest and forget about.
So far, it's almost all in IUKD (ETF of top 50 yielders from FTSE 350) with divis automatically reinvested - so I think it's probably wise to find summat else!
Got a credit card? use our Credit Card & Finance Calculators
Thanks to gvonge,Shelford,GrahamPlatt,gpadsa,Steffers0, for Donating to support the site
Passive investing for offspring
-
- Posts: 9
- Joined: January 5th, 2017, 2:15 pm
- Has thanked: 1 time
- Been thanked: 1 time
-
- 2 Lemon pips
- Posts: 187
- Joined: November 7th, 2022, 6:09 pm
- Has thanked: 52 times
- Been thanked: 55 times
Re: Passive investing for offspring
The one I recommend for long term is V3AB.
I think of it as a world tracker.
I like it as it is a low unit cost (~ £4.50) so great for monthly savings (which is what I do in my SIPP).
It is an accumulator (the non-accumulator variant is V3AM).
It has been pointed by some Lemon peeps that this is an ESG ETF.
DYOR and good luck
I think of it as a world tracker.
I like it as it is a low unit cost (~ £4.50) so great for monthly savings (which is what I do in my SIPP).
It is an accumulator (the non-accumulator variant is V3AM).
It has been pointed by some Lemon peeps that this is an ESG ETF.
DYOR and good luck
-
- Lemon Quarter
- Posts: 3640
- Joined: November 5th, 2016, 10:30 am
- Has thanked: 1 time
- Been thanked: 1216 times
Re: Passive investing for offspring
GingerPlant wrote:So far, it's almost all in IUKD (ETF of top 50 yielders from FTSE 350) with divis automatically reinvested - so I think it's probably wise to find summat else!
So that's all UK listed companies, some will be fishing in the global pond but you've a UK bias. 'Merica has done well this past decade, UK not so well. Next decade who knows but if it's Japan, Mongolia , Mexico, Portugal, India or wherever you'll not capture much of that with IUKD. So as you say summat else. There's alot to pick from so what about a global ETF or an investment trust?
Vanguard, amongst others offer global tracking. https://www.vanguardinvestor.co.uk/what ... f-products? or iShares and HSBC
Here's a good place to start looking for investment trusts https://www.theaic.co.uk/aic/find-compa ... desc=false
Last edited by kempiejon on March 24th, 2024, 2:04 pm, edited 1 time in total.
-
- 2 Lemon pips
- Posts: 191
- Joined: August 1st, 2021, 2:51 pm
- Has thanked: 162 times
- Been thanked: 125 times
Re: Passive investing for offspring
Assuming your daughters are reasonably young, you are probably looking at 50+ year time horizon. You correctly determine that really you want something "Fire and Forget". You also want a moderate volatility to avoid frightening your daughters along the way.
Personally I certainly would not want to be 100% exposed to UK equities (of any sub-categorisation). I would want a global spread.
Perhaps 60% Vanguard FTSE All-World UCITS ETF (VWRP) and 40% Vanguard Global Aggregate Bond UCITS ETF (VAGS)? Or something based on the Golden Butterfly Portfolio to hedge against global collapse.
Not sure what you can do about periodic rebalancing - leave simple instructions for what should be done once a year?
Personally I certainly would not want to be 100% exposed to UK equities (of any sub-categorisation). I would want a global spread.
Perhaps 60% Vanguard FTSE All-World UCITS ETF (VWRP) and 40% Vanguard Global Aggregate Bond UCITS ETF (VAGS)? Or something based on the Golden Butterfly Portfolio to hedge against global collapse.
Not sure what you can do about periodic rebalancing - leave simple instructions for what should be done once a year?
-
- Lemon Quarter
- Posts: 4891
- Joined: November 4th, 2016, 10:15 am
- Has thanked: 620 times
- Been thanked: 2725 times
Re: Passive investing for offspring
I have gone mainly for a range of Investment Trusts for my grandchildren.
I certainly would not want to be overweight UK and if I were starting again, I would skip the UK ETFs (ISF and MIDD).
ATST, BUT,EDIN,FCIT,ISF,MIDD,MYI,SMT, WTAN
I certainly would not want to be overweight UK and if I were starting again, I would skip the UK ETFs (ISF and MIDD).
ATST, BUT,EDIN,FCIT,ISF,MIDD,MYI,SMT, WTAN
-
- Posts: 9
- Joined: January 5th, 2017, 2:15 pm
- Has thanked: 1 time
- Been thanked: 1 time
Re: Passive investing for offspring
Splendid - many thanks very much all for these helpful suggestions - I will review all and have a think about it.
-
- Lemon Quarter
- Posts: 4561
- Joined: May 31st, 2019, 7:55 pm
- Has thanked: 725 times
- Been thanked: 1443 times
Re: Passive investing for offspring
scrumpyjack wrote:I have gone mainly for a range of Investment Trusts for my grandchildren.
I certainly would not want to be overweight UK and if I were starting again, I would skip the UK ETFs (ISF and MIDD).
ATST, BUT,EDIN,FCIT,ISF,MIDD,MYI,SMT, WTAN
I note that the FTSE100 combined total market cap is barely larger than a single US stock (APPL)
Who is online
Users browsing this forum: No registered users and 10 guests