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I've been rejigging my pension - to bin the UK tracker funds based on the above! I'll switch to a global tracker - a few years too late, but probably better than never.
Is it OK to just put everything in one fund, eg HSBC FTSE All-World Index, which Monervator reckons is the best / cheapest one, or is it a thing to split it between a few, in case HSBC goes under?
frank9755-
What platform are you using?
I just check the % of my holdings off your article and
Geographic Split
As at 30 Nov 2023, by Country of Listing %
US 67.4
Denmark 11.7
France 11.5
UK 4.6
Spain 3.0
Cash 1.9 -
I believe if HSBC were to go under you would be entitled to a portion of the underlying equities that are wrapped up in the index fund
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I think your pension would be the least of your problems if HSBC went bust.
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Even if HSBC goes under, the fund retains value, as it is priced against the underlying assets.
skinny
frankenbike
andyp
NotThamesWater
Yeah, I don't see much point to invest in the UK economy, most profit will be probably extracted
by multinationals anyway and the domestic market has decades of decline ahead of it.