2Yr·

TER costs of the $FTWG (+0.14%) are 0.05% lower, however. Would it be an alternative for you, even if it is relatively new and (still) has a lower fund volume?

6 Comments

KevinE@KevinE

2Yr

I wouldn't switch because I already have profits on my ETF and these would have to be taxed. However, there is nothing wrong with setting up a new savings plan.

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Vince von Financial Independence@Financial_Independence

1Yr

Sure, it pays off in the long term. I would simply stop the one ETF savings plan and leave it and go into the cheaper product. Invesco FTSE All World is a good product.

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Misan T.@Misantrophe

1Yr

@Financial_Independence thanks, that's what I've done for now. Leave it all for now :D especially as you keep coming across new alternatives $WEBG for example is also new and only has ter of 0.07%

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Wladzko@richchemist

1Yr

@Misantrophe look not only at the TER, but also at the tracking difference (TD).

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Vince von Financial Independence@Financial_Independence

1Yr

Would simply stop one savings plan and then save in the FTWG

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ETFKing@ETFKing

1Yr

My tip:
Don't just pay attention to the TER. Factors such as e.g. tracking error could become a yield erosion factor that quickly offset the TER difference. In the case of the Invesco ETFs, due to their short existence and the still manageable volume, I think it is still too early to form a final opinion.

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