... so I’ve restricted my choice to ETFs that can be settled in the CREST system (so the ETFs are in my name, I get correspondence directly from iShares, iShares pays divs directly into my a/c, etc.)...
PMU would you mind if I asked how you opened the crest account and who your broker is.
Can one open a crest account directly or does it have to be done through a broker?
I agree with Janman07. You are better worrying about asset allocation than TERs. Also, as a buy and hold (but not a ‘buy and forget’) investor I rate security highly, so I’ve restricted my choice to ETFs that can be settled in the CREST system (so the ETFs are in my name, I get correspondence directly from iShares, iShares pays divs directly into my a/c, etc.).
On a related point, the S&P covers 500 companies, but euro investors typically go for the Eurostoxx50 that I would say is not sufficiently diversified. So I’ve gone for IEUX.L that gives coverage to about 400 non-sterling European stocks (it includes some SE and CH as well as EUR equities).
Be careful to know where the ETF is domiciled for Tax. I have come across individuals with Channel Island domiciled ETFs and they have been stuffed by Revenue....
For tax efficiency, where should the etf be domiciled? Thanks.
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