I
InvestWisely
Guest
I am looking for a cheap index tracker. No entry/ exit fees, and absolutely minimal charges.
I am currently paying €650 per month into a Quinn Life tracker.
I want to put more money into index trackers, paying monthly to benefit from euro cost averaging. I don't want to increase the payments to the Quinn product, because I want to spread the risk. If anything were to happen to Quinn, God forbid, where would I stand?
So, with that in mind I did some research on the web. The cheapest tracker available in the UK seems to be provided by Fidelity (annual charge of 0.1% against 1%/ 1.2% for Quinn). I phoned them yesterday. I was told that, while I could invest in certain of their funds, because I am resident in Ireland they are unable to sell me their tracker. Something to do with regulation. Dead end.
I then tried the Vanguard site. It appears to be available to Irish residents, but the minimum top up is €5000. Way too much for my euro cost averaging strategy. Another dead end.
I seem to remember reading in Eddie Hobbs book "Loot", that a number of IFSC based companies sell index trackers, but I can't come up with anything.
Can anyone help me please? Thanks.
I am currently paying €650 per month into a Quinn Life tracker.
I want to put more money into index trackers, paying monthly to benefit from euro cost averaging. I don't want to increase the payments to the Quinn product, because I want to spread the risk. If anything were to happen to Quinn, God forbid, where would I stand?
So, with that in mind I did some research on the web. The cheapest tracker available in the UK seems to be provided by Fidelity (annual charge of 0.1% against 1%/ 1.2% for Quinn). I phoned them yesterday. I was told that, while I could invest in certain of their funds, because I am resident in Ireland they are unable to sell me their tracker. Something to do with regulation. Dead end.
I then tried the Vanguard site. It appears to be available to Irish residents, but the minimum top up is €5000. Way too much for my euro cost averaging strategy. Another dead end.
I seem to remember reading in Eddie Hobbs book "Loot", that a number of IFSC based companies sell index trackers, but I can't come up with anything.
Can anyone help me please? Thanks.