Compare Global Tracker Fund ISAs
Choose the best global tracker fund ISA to invest this year’s tax free allowance.
Investment ISAs put your capital at risk & you may get back less than you originally invested.
- Fund Choice: Tracks MSCI World Index. Low cost tracker fund that invests in global companies such as Disney, Google & Coco-Cola. Capital at risk.
- Invest From: £25 pm
Super low annual management charge of 0.1%. Great way to spread risk across a wide range of shares. The fund invests in companies including Apple, Microsoft, Amazon and Tesla.
- Fund Choice: Tracks the MSCI World Index. This index is a market cap weighted index of 1,585 companies throughout the world across 23 countries. Capital at risk.
- Invest From: £25 pm
One of the cheapest world equity exchange-traded funds available makes this a great way for investors to generate performance in line with the world’s major stock markets. This ETF seeks to track the performance of the MSCI World index, comprised mainly of large companies from 23 developed markets. Ongoing charges are 0.2%.
Global Tracker Fund ISAs
Index tracker investment funds have become increasingly popular due to increased awareness of investment costs associated with active managed funds over time which do not always perform better.
Why Invest In A Index Tracker Fund Within An ISA?
Some things to consider include:
- Can I invest in a global tracker funds – Yes you can.
- Can I invest in specialist tracker funds – You can also buy tracker funds that follow UK, European, US and Far East indices. You can also get tracker funds that track global indices.
- Are there ethical tracker funds? – Some fund providers offer indices that track indices where companies are excluded that do not meet certain ethical and environmental guidelines. e.g. Legal & General Ethical Trust tracks the UK FTSE 350 excluding shares or companies that do not meet certain ethical standards.
- Charges – The lower the better. The good news is that unlike managed funds most tracker funds have no initial or exit fees.For international trackers you may have to pay a bit more.
- Some providers have a simple interface with clear copy about each investment and its past performances. Make sure you find one that you find easy to use, helpful and clear
Over the last decade the costs of investing in tracker funds have come down considerably. It makes sense to shop around to find the right tracker fund for you.
Frequently Asked Questions
Can I open an index tracker fund ISA with my partner?
As ISA accounts can only be held by individuals you cannot open a joint index tracker fund ISA account.
Can I lose money in an index tracker fund ISA?
Your investments will go up and down in line with the index that they track, and so you could lose money in an index tracker ISA.
Can I transfer my ISA into an index tracker fund ISA?
You can transfer either a Cash ISA or another Stocks and Shares ISA into an index tracker fund ISA. You will need to complete a transfer form with your new ISA provider to do this.
How do I apply for an index tracker fund ISA?
You can open an index tracker fund ISA online, over the telephone or by post.
You will need to add money to open your account, either by debit card payment or via a Direct Debit contribution.
How much money can I put in an index tracker fund ISA?
You can contribute up to £20,000 to an index tracker ISA in the 2023/24 tax year. Your annual allowance refreshes each tax year.