ANZ ASX 200 Index Fund
- Thread starter boozealot
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Re: ASX 200 Index Fund
There is an alternative, which is a listed fund.
SPDR S&P/ASX 200 FUND
Not knowing what the management fees for the ANZ are, but usually listed funds are cheaper than unlisted ones. And there is no entry or exit fees.
Also quicker to redeem funds when you need them. You would be looking at least 1-2 weeks for the ANZ fund to get your money out, the listed funds you can have back in 3 days.
There is an alternative, which is a listed fund.
SPDR S&P/ASX 200 FUND
Not knowing what the management fees for the ANZ are, but usually listed funds are cheaper than unlisted ones. And there is no entry or exit fees.
Also quicker to redeem funds when you need them. You would be looking at least 1-2 weeks for the ANZ fund to get your money out, the listed funds you can have back in 3 days.
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Re: ASX 200 Index Fund
Whats the code for it??
Whats the code for it??
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Re: ASX 200 Index Fund
stw
google that stock code, that links to their website, shows full details, including very low commission
stw
google that stock code, that links to their website, shows full details, including very low commission
Re: ASX 200 Index Fund
Vanguard have also just listed a range of EFT's
Have a look at ASX Code VAS. Details on www.vanguard.com.au
Vanguard have also just listed a range of EFT's
Have a look at ASX Code VAS. Details on www.vanguard.com.au
So_Cynical
The Contrarian Averager
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Re: ASX 200 Index Fund
STW – SPDR ASX 200 Fund – Exchange traded Index tracking fund
https://www.aussiestockforums.com/forums/showthread.php?t=14461
http://www.spdrs.com.au/etf/fund/fund_detail_STW.html
STW – SPDR ASX 200 Fund – Exchange traded Index tracking fund
https://www.aussiestockforums.com/forums/showthread.php?t=14461
http://www.spdrs.com.au/etf/fund/fund_detail_STW.html
Re: ASX 200 Index Fund
The Vanguard Index Australian Shares Fund and their new VAS listed Fund both track the ASX 300.
Their website compares the two and as they offer both the comparison is fairly impartial.
A point to note however is the fees on their unlisted fund are 0.75% while the VAS listed fees are .27%
The Vanguard Index Australian Shares Fund and their new VAS listed Fund both track the ASX 300.
Their website compares the two and as they offer both the comparison is fairly impartial.
A point to note however is the fees on their unlisted fund are 0.75% while the VAS listed fees are .27%
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Re: ASX 200 Index Fund
The performance of the listed or unlisted funds should be identical, as it tracks the index.
They are a vanilla type fund as the managers don't make any active investment decisions which keeps the costs down, this decreases some risk in that the manager can't make bad decisions, you are still open to general market risk however. So all index funds should be the same.
Generally, the listed ones are the better option, as there is no commissions to be paid, to advisers, or platforms or master funds. If you want an index fund you don't need an adviser anyway, as they can't add any value.
I would go with the listed index fund, as it's easier to get your money out quick and they are cheaper to achieve the same result. Half a percent in fees can have a big impact on your end result over a 20 year time frame, lowering performance by tens of thousands of $$$$. You have to think about your time frame though. Is it short, medium, or long term?
The performance of the listed or unlisted funds should be identical, as it tracks the index.
They are a vanilla type fund as the managers don't make any active investment decisions which keeps the costs down, this decreases some risk in that the manager can't make bad decisions, you are still open to general market risk however. So all index funds should be the same.
Generally, the listed ones are the better option, as there is no commissions to be paid, to advisers, or platforms or master funds. If you want an index fund you don't need an adviser anyway, as they can't add any value.
I would go with the listed index fund, as it's easier to get your money out quick and they are cheaper to achieve the same result. Half a percent in fees can have a big impact on your end result over a 20 year time frame, lowering performance by tens of thousands of $$$$. You have to think about your time frame though. Is it short, medium, or long term?
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Re: ASX 200 Index Fund
so how do they work? do they buy stocks in the same proportion to the ASX200?
so how do they work? do they buy stocks in the same proportion to the ASX200?
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Re: ASX 200 Index Fund
The fund manager will mimic the makeup of the index. The index is weighted to market capitalisation.
So if BHP makes up 10% of the index, the fund will be 10% BHP stock. They have to buy and sell various shares each day as the prices change and the makeup of the index by weight for each company changes.
The fund manager will mimic the makeup of the index. The index is weighted to market capitalisation.
So if BHP makes up 10% of the index, the fund will be 10% BHP stock. They have to buy and sell various shares each day as the prices change and the makeup of the index by weight for each company changes.
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Why not just buy SPI Contracts and save on brokerage
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Brad, I think most index funds pay distributions which you don't get on the SPI.
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Will a long term buy and hold strategy work for SPI contracts? I have never used them.
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Just a small clarification - prices going up and down does not require an index fund to rebalance. For example if stock XYZ goes up 10% while the market is flat, its weighting goes up 10% in the index because its market cap is higher, but its weighting also goes up in the index fund by the same amount. Rebalancing is only needed when companies enter/exit the index quarterly, or when the number of shares a company has on issue changes.
Probably not as well as you would have to roll the contracts every few months, there is basis risk/roll risk so you may actually lag behind the index, and you obviously don't get franking credits this way
