InfoSeeker_
Registered User
- Messages
- 22
Hi,
I just got my first job and I am going to invest 1000 euro a month into a fund which tracks the S&P 500.
So far my best bet seems to be going with investing into an ETF which hedges USD back into EUR each month to minimize the effect of currency movements since I am living in Ireland. An example of an ETF I am looking into is "iShares S&P 500 EUR Hefged UCITS ETF", which has an expense ration of 0.45%:
So far everything seems to check out for me that it would be a good way to invest my money apart from the broker fee which I would have to pay each month since its an ETF.
So basically my question is how do I go about finding information on Mutual Funds rather than an ETF?
I got advice where I was told since I am living outside the US I should try Barclays who offer a similar fund to Vanguards Mutual Fund for tracking the S&P 500 but I can find out information on other places which could offer a Mutual Fund like I can when I google ETF's.
Should I contact places like Barclays and RaboDirect directly and ask them for information? They do not seem to have it all displayed on their websites or maybe there is another way to go about getting information? Maybe some of you might be able to recommend some good institutions to start with?
Any help would be appreciated and thanks for reading.
I just got my first job and I am going to invest 1000 euro a month into a fund which tracks the S&P 500.
So far my best bet seems to be going with investing into an ETF which hedges USD back into EUR each month to minimize the effect of currency movements since I am living in Ireland. An example of an ETF I am looking into is "iShares S&P 500 EUR Hefged UCITS ETF", which has an expense ration of 0.45%:
So far everything seems to check out for me that it would be a good way to invest my money apart from the broker fee which I would have to pay each month since its an ETF.
So basically my question is how do I go about finding information on Mutual Funds rather than an ETF?
I got advice where I was told since I am living outside the US I should try Barclays who offer a similar fund to Vanguards Mutual Fund for tracking the S&P 500 but I can find out information on other places which could offer a Mutual Fund like I can when I google ETF's.
Should I contact places like Barclays and RaboDirect directly and ask them for information? They do not seem to have it all displayed on their websites or maybe there is another way to go about getting information? Maybe some of you might be able to recommend some good institutions to start with?
Any help would be appreciated and thanks for reading.