Bargain hunt: cheap trackers that don’t scrimp on performance
By , 29 Mar 18
Not all FTSE All-Share trackers are priced equally and the costliest passive exposure comes from the Virgin UK Tracker with a whopping 1% charge. Click through the gallery below for the five cheapest funds on offer and help investors get more for less.
Aberdeen UK All Share Tracker
0.09% ongoing charge
Aberdeen Standard Investments has just taken on responsibility for the UK’s most expensive FTSE All Share, the Virgin UK Tracker with a charge of 1% through its joint venture with Virgin Money. However, its own product has an ongoing charge that is 91 basis points cheaper at just 0.09%, making it the third-cheapest fund to track the FTSE All Share.
The £1.5bn fund launched in 2010 and has returned investors 5.96% annualised over three years and 7.13% over five years net of fees, according to Morningstar. In contrast, the third most expensive product on offer is the Janus Henderson UK Index, which charges 0.36%. It has returned 5.73% annualised over three years and 7.01% annualised over five years.