SPDR SPX4 ETF S&P 400 Mid Caps

General
1

This looks like a solid ETF to diversify my current US only portfolio…
I am not so interested in small caps
How much does the S&P 400 represent of the total US stock market, is it 7%? Would a 10% allocation sound about right?
Many thanks :pray:

2

Check this out bud:

1 Like
3

That’s really interesting. Shame we don’t have a total US stock market ETF. I think Vanguard do a Total Stock OEIC that’s another £1000 a share.

4

I think the Vanguard total US stock market ETF is VTI but I don’t think you can get that in the UK.

If you don’t want small cap, you could get iShares CU1. It’s available on here.

1 Like
5

Yeah I’m in that vanguard U.S equity index fund, you can pay any amount over £25 into the fund. Not like other vanguard funds were you have to buy full shares and there’s always a few pounds left over after the transaction U.S. Equity Index Fund (VUSEIDA).

1 Like
6

Ok thanks for that :+1:

7

Why dont you go global for greater diversification?

8

I think the TER is a bit high, 0.3.
While SPDR S&P 500 only 0.03 , and VHVG is 0.12

9

Fidelity do this fund so I am going to start an ISA with them

10

@Gandalf
Morning :wave: :grinning:,
I think this ETF is now available - just found it in the recently added section:

image
image807×790 26.8 KB

image
image574×438 15.7 KB

11

If you search for the SSGA homepage about SPX4 you’ll see a banner headline at the top of SSGA website highlighting ERI revisions they have retrospectively made!

ssgas
ssgas1928×336 68.6 KB

So if you hold (almost) any State Street Accumulating ETFs over the last 4 years you may have to re-quote your ERI figures on your self assessment?

Don’t file a self assessment? Well, HMRC are cracking down so don’t be surprised if they retroactively come for you.

Pitfalls of Accumulating ETFs outside of tax wrappers? Well, this.

Want the growth that comes with Acc funds? Yeah, me too! This is one of those unintended consequences you need to look out for. Not just retrospective revisions - but also the very fact HMRC are focussing on ERI as an obvious revenue source as ETFs popularity grow.

Does IE provide any ERI data or are we on our own? Which is not entirely illogical – I don’t want IE to file my tax return I just want ERI data to hand so I don’t have to go to 23 websites, download each csv, cross ref my transactions (as it is on a holding qty AT a date in time) and calculate my excess dividend I am deemed to have had within the increase share price that should be reported as income rather than growth/capital in HMRCs view.

1 Like