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.
FTSE Global Technology Index Fund ISA
from Legal & General
- Fund Choice: Tracks FTSE World Technology Index
- Invest From: £20 pm
- Investment Options: Invests in the shares of global companies engaged in information technology activities e.g. Microsoft and Apple, as represented by the Index.
Why we like it: A low cost way of investing in shares of global companies engaged in information technology activities, as represented by the FTSE World Technology Index. 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.
This fund is available via Hargreaves Lansdown
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.