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Index Fund Names Explained for Beginners

The names of Index funds are CONFUSING!! But they don't need to be. Let's break down what it all means, so you can understand better what you are investing in. The financial foreign language that is designed to keep you from investing is never more obvious than when looking at the name of index funds. What is a UCITS? Who are S&P? What on earth is a VUSA?! Let's find out in today's video. Ultimately, the Lifestrategy funds are an amazing 1 stop shop investment, But there's a big investing world out there to explore and it wouldn't be fair not to show you some of it! Hope you enjoy the video. Damo (but recently more people have been calling me Carol) 🎫 Trading 212 Do you want to get free shares worth up to £100? Join Trading 212 Invest with my link, and we will both get free shares. https://www.trading212.com/invite/Gba... input promo Code: Gbassinv if the link doesn't work Freetrade free share https://magic.freetrade.io/join/damie... 🕑 Timestamps: 00:00 - Introduction 00:17 - The Purpose of this video 01:10 - Why not just use the Lifestrategy funds? 02:41 - The two example funds 03:00 - Breaking down the name 08:35 - Check how closely the fund tracks the index. 09:28 - Why I supplement the LifeStrategy 11:11 - What does ACC mean? 11:50 - Global focused funds 🎬 Do you want to make videos like me? The Gear i use: Background: https://amzn.to/3fO3ArL Background stand: https://amzn.to/2F9vhPo - Make sure you get the right size! Tripod: https://amzn.to/3iq8YmJ easily the best tripod I have used. Very sturdy. Audio: https://amzn.to/2EmJeJ9 Lighting: I use this facing me directly, set to the lowest setting https://amzn.to/33Kscj5 I light the backdrop with this: https://amzn.to/2Dwz4pA Camera: I currently use a Galaxy S10.. The Visuals: I use Storyblocks for all the sexy B roll. The sounds: Epidemic sound is where I get all my Music and sound effects – for a 1 month free trial click this link! https://www.epidemicsound.com/referra... 📚 5 books to shape your financial future: Either click the link for the book or use this link for a free trial on audible and then you can just listen to them all! https://amzn.to/34ThMy5 The richest man in Babylon: https://amzn.to/33Icvsq An engaging tale that teaches the fundamentals of saving and attitudes you should have towards money. I listen to this at least once per year. A random walk down Wall Street: https://amzn.to/31CXfud Let Burton Gordon Malkiel, explain everything you need to know about trying to beat the market. Rich dad poor dad: https://amzn.to/2PHweQZ There is a reason this features on all lists of the best books. You will walk away from this truly understanding the importance of income producing assets. The Millionaire next door: https://amzn.to/2Dth13B I love this book because it destroys the conventional perception that all millionaires are one type of person. Read this and you will so realise being a millionaire is well within your grasp! The 4 hour work week: This is the book that inspired me to build multiple income streams. https://amzn.to/2YUSZ8P 📹 My Videos: Premium Bonds:    • NS&I Premium Bonds -  The easiest way to b...   The options for investing explained: https://www.youtube.com/watch?v=h2xVk... How to stop your investments being taxed: https://www.youtube.com/watch?v=kA9W7... Investing in stocks and shares: https://www.youtube.com/watch?v=yG5pl... Disclaimer: Any information provided in this video is meant purely for entertainment purposes and does not constitute any form of recommendation, They are simply my opinions. If you want financial advice tailored to your circumstances please consult with a licensed professional.

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