Index tracker funds are a great choice for investors who are seeking well diversified investment at low cost.
An index tracker will seek to replicate a particular stock market by closely tracking performance. The fund will typically buy all the company shares in the index. This is different to actively managed funds where a fund manager tries to outperform the index.
- Fund Choice: FTSE 100
- Invest From: £20 pm
- Investment Options: Comprehensive range of UK and global index tracker funds to choose from.
Why we like it: Legal & General has over 9 million customers in the UK, and over £1.1 trillion of assets under their management (as at 31st December 2019). They have one of the largest range of tracker funds to choose from with 19 low cost index tracker fund options to choose from. You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online.
Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.
- Protection Scheme: FSCS
- Fund Choice: Ethical Managed Funds
- Invest From: £20 per month or £100 single
Why we like it: The Future World Climate Change Equity Factors Index Fund invests in companies that seek to make positive change. The fund aims to provide a combination of growth and income by tracking the performance of the FTSE All-World ex CW Climate Balanced Factor Index. The fund is passively managed, to replicate the performance of the Index. As part of the Future World* range, the fund incorporates the L&G Climate Impact Pledge, a targeted engagement process, and may exclude companies if engagement proves unsuccessful.
Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.