BROAD-BASED MARKET EXPOSURE
Fidelity Index World Fund (BLT1YP3)
This tracker fund charges just 0.12% a year to track the MSCI World Index. This mirrors the performance of companies from 23 developed countries, boasting 1,643 constituents and covering roughly 85% of the investable equity universe in each of these countries. It therefore enables you to create a diversified portfolio in a single trade.
The dominance of the US market is reflected in a 60.9% weighting and the fund has heavy exposure to technology with Apple, Microsoft and Google’s parent Alphabet among the largest constituents.