Currently I am using DeGiro as online broker to purchase ETF's. Personally, I'd really like to invest in the S&P500 (too bad you can't purchase the Vanguard accumulating one as a European citizen).
DeGiro does have a core selection of ETF's where you do not have to pay any entry fees on your first purchase of each month.
Taking this into account, I have looked which ETF tracks the S&P500 within their core selection.
I found this one from Amundi (so no entry fees): http://www.morningstar.be/be/etf/snapshot/snapshot.aspx?id=0P0001CLZ9&lang=nl-BE
Whilst they do also offer one from iShares (with entry fees): http://www.morningstar.nl/nl/etf/snapshot/snapshot.aspx?id=0P00013VX5
(Both are Accumulating)
I was wondering what would be the best to invest in, as a smaller investor (I'm still a student and am able to invest about 100 euros each month).
I have looked for differences between both ETF's, but am yet deciding which is best. Hopefully someone can help me out here.
Amundi
TER: 0,15%
Managed by BNP Paribas Fortis
Market capitalisation of +- 4500 million
Only able to purchase the one listed in Euronext Paris
iShares
TER: 0,07%
Managed by Blackrock
Market cap. of +- 32000 million
Listed in Euronext Amsterdam
Extra costs: €2 per purchase + 0.038% (with a maximum of €30)
Personally (and it might seem like 'nitpicking'), I think the one from Amundi is the most favorable, since I am not purchasing for a big amount each time? The fixed cost of €2 will have a relatively big impact on the cost structure of iShares. Unless I start saving & buying once every year. Although I am more fond of iShares for some reason...
Amundi, iShares, Vanguard... How important is the choice of ETF provider?
Any reason to not buy this World ETF? ISHARES vs AMUNDI
Switch from iShares MSCI World to Amundi?
MSCI World ETF - iShares vs Amundi
Videos
Hello friends of the penny turning three times,
whoever wants to invest in an MSCI World, for example, doesn't only have one to choose from. There are ETFs from many different providers - Amundi, Xtrackers, iShares, Vanguard and so on. At first glance, they seem hardly different. How do you choose your providers? Are there specific criteria you pay attention to? Have you had good or bad experiences with a provider?
The reason for this post is the recent announcement that Amundi is merging two ETFs: The LU1781541179 and the IE000BI8OT95. For investors in the LU1781541179, this means that the entire position is, so to speak, sold and reinvested in the other ETF. This will result in taxes on capital gains, and that is quite annoying.
Immediately after the announcement, I heard advice from several people that one should take the opportunity to switch to an equivalent ETF from another provider, as Amundi would apparently do such mergers regularly.
Sounds sensible at first, but I lack the background knowledge about the individual providers. It could just as well be that Xtrackers pulls the same stunt next week with its ETFs. Or are there specific reasons why Amundi merges more often than other providers?
I wanted to create a regular buying plan for IE00B4L5Y983 (ISHARES CORE MSCI WORLD ETF), but the downside is my broker charges for every time it would buy automatically 1,5 €
For IE000BI8OT95 (AMUNDI MSCI WORLD ETF) he doesn't, also the Amundi has less ongoing costs (0,12 %).
Am I overlooking something? Would I do anyhting wrong investing in Amundi instead of Ishares?