Good to see that XNAQ has been added to the IE ETF range. Much cheaper than EQQQ/CNX1 and is accumulating. Nice one IE
thanks for the notification and bringing it to our attention, and at a 33.3% discount too!
i dont understand why ‘the management’ do not post updates about new ETF’s being added to the platform!
Tbh none of my other brokers do such as Fidelity so you have to do a scan every now and then. The XNAQ is fully replicated and follows the NASDAQ 100 for a snip at 0.20% and means that even with a bit of cash you can buy full-shares. It doesn’t have as much volume as yet, but if I would think that this will increase as people find it.
Saying that, I will only use the NASDAQ as a satellite holding to compliment VUAG, IITU and SMGB. 5-10% max.
This is excellent - will look to transfer across from CNX1 later this month once my current transactions have settled.
CNX1 is very expensive unless you buy fractional shares.
I’m on InvestEngine, it goes without saying that I buy fractional shares.
My mistake. I was with Fidelity who don’t do fractional shares and I forget sometimes.
Last week even I have requested to ad XNAQ. Good to see its added.
Great TER! What about the spread though? Is there a way to check the spread of each ETF on IE?
I usually just check the LSE website. XNAQ has a good spread as well. It is still a decently sized fund and of course the underlying holdings are the most liquid stocks in the world.
If you type in XNAQ Spread into Google, it will tell you what it is. All Spreads fluctuate anyway, but unless you’re dropping a lump sum in, I really don’t see it as an issue, as the gains should offset any spread costs. Or else there’s no point to it all.