How to invest in ISEQ All Share index funds in 2024

Find out how to invest in the ISEQ All Share index, learn which trading platforms have the lowest fees, and what’s easiest for beginners.
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Updated: May 12, 2023
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It only takes a few minutes to invest in the ISEQ All Share index. One of the simplest and most popular ways to invest is to buy shares in a Vanguard ISEQ All Share ETF through an online trading platform.

Where can I invest in the ISEQ All Share index?

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According to our expert research, eToro is the best ETF broker to invest in ISEQ All Share index funds. 

Both ISEQ All Share ETFs and ISEQ All Share CFDs are available to invest in through eToro .

Here are three more places to buy the ISEQ All Share, ranked according to their cost, security, and features.

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1
Min. Deposit
$ 100
Best offer
User Score
9.9
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Wire Transfer
Full Regulations:
CySEC, FCA

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

2
Min. Deposit
$ 100
Best offer
User Score
9.9
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3
Min. Deposit
$ 0
Best offer
User Score
9.1
Get insights from millions of investors, creators, and analysts
Build your portfolio of stocks, ETFs, and crypto–all in one place
No minimum deposit
Start Trading
Payment Methods:
Debit Card, Wire Transfer, Check, Bank Wire
Full Regulations:
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

How do I invest in the ISEQ index?

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The easiest way is to sign up to a stock broker, open an investment account, and buy shares in an ISEQ All Share ETF or CFD. This guide explains how to do it:

Step 1. Sign up to eToro

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We recommend using eToro to invest in ISEQ All Share. Sign up for a brokerage account and deposit some money. You may need to supply a form of photo ID to verify the account.

1
Min. Deposit
$ 100
Best offer
User Score
9.9
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Wire Transfer
Full Regulations:
CySEC, FCA

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

Step 2. Decide how to buy ISEQ All Share

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This boils down to choosing between an ISEQ All Share ETF or CFD. ETFs are generally better suited to investors who want to passively track the ISEQ All Share’s performance. CFDs offer a greater range of trading options: you can use leverage, short the index, or buy and sell it outside of trading hours.

Step 3. Invest in the ISEQ All Share

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Sign into your trading account and search for the ISEQ All Share. Hit the ‘buy’ button and enter the details of your purchase, such as how much you want to spend. Hit ‘buy’ again to execute the trade.

Step 4. Monitor your investment

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When you buy a CFD, the trade goes through more or less instantly, and you’ll be able to see your new open position in your trading account. ETF purchases can take longer, and if you buy outside of traditional trading hours it won’t go through until the next morning.

Your trading account will show the price change in the ISEQ All Share since you bought it, so you can see your profit/loss at a glance. Use that information, along with your own research, to decide when to sell the ISEQ All Share and close your position, ideally at a profit!

The different ways to invest in the ISEQ

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As we mentioned above, there are numerous ways to put your money into the ISEQ All Share. ETFs and CFDs are the simplest options for beginners, but there are alternatives. Here’s a brief overview of each option and who it’s best suited for.

ISEQ All Share ETFs

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An ETF (exchange-traded fund) is an investment fund traded on a stock exchange, much like a stock. Exchange traded funds can hold different assets, such as individual stocks, bonds, or commodities, or serve as a proxy for a stock market index.

An ISEQ All Share ETF is one way of investing in the ISEQ All Share. It’s simply an investment fund that mirrors the performance of the ISEQ All Share. When you buy shares in the fund, the value of your investment will rise or fall with the ISEQ All Share itself. 

ETFs are ideal for new investors because they have a very low minimum investment. You can start with a few pounds and get exposure to some of the world’s largest companies. They’re also practical if you plan on trading the ISEQ All Share index, because you can buy or sell shares in the fund throughout the day.

Examples of popular ISEQ ETFs

  • iShares MSCI Ireland ETF (EIRL)
  • Amundi ETF MSCI Ireland UCITS ETF (IRL)
  • Lyxor UCITS ETF MSCI Ireland (IRL)

ISEQ All Share index funds

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An index or mutual fund is an investment fund that aims to track the performance of a stock market index, such as the ISEQ All Share. It’s very similar to an ETF, in that there are low management fees and you can buy shares through your online broker.

However, there are a couple of differences. ISEQ All Share index funds are only priced at the end of each trading day, so you can buy or sell shares in the fund once per day. There may also be a higher barrier to entry, through a much larger minimum investment when you invest in ISEQ All Share index funds.

That means an ISEQ All Share mutual fund is better suited for long term investors with a higher initial budget, where the infrequent trading and barriers to entry are far less of an issue.

ISEQ All Share CFDs

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CFDs (contracts for difference) are a way to speculate on ISEQ All Share price changes with more flexibility than if you use an ETF or index fund. A CFD is a ‘derivative’, which means it gets its value from the underlying asset – in this case the ISEQ All Share – but it’s separate from it.

As a result, CFDs can be leveraged, where you borrow money to multiply the size of the trade, or they can be used to go ‘short’, where you place a trade on the index to fall in value. You can also buy and sell them outside of regular trading hours.

All of this means ISEQ All Share CFDs offer the potential to outperform a fund that passively tracks the ISEQ All Share’s performance. Of course, you can also underperform it as well. Tools like leverage and shorting introduce a lot more risk, and are best left to experienced traders.

ISEQ All Share futures

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Futures contracts are agreements to buy or sell the ISEQ at an agreed price on a set date in the future. ISEQ All Share futures are a means to predict how you think the index is going to perform over a set time frame, such as the next three or six months.

Most futures contracts involve leverage, so you only put up a small part of the total trade value (the margin) when you buy one. That makes futures more risky, and they require a bit more financial expertise to understand as well.

Some traders use futures as a hedge against the performance of stocks they own. For instance, if you own stocks that are part of the ISEQ All Share then you might want to short the ISEQ All Share so that you still make some money if the price falls.

ISEQ All Share stocks

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Another way to invest in the ISEQ All Share is to buy shares in the individual stocks that the index tracks. It isn’t practical to buy every share in the index, but you can invest directly into a few of the most heavily weighted stocks in the ISEQ All Share in order to get broad exposure to its performance.

The most heavily weighted stocks in the ISEQ All Share tend to be the largest companies by market capitalisation. If you invest directly in those largest stocks, you gain exposure to the index without taking on the risk of all the underlying companies.

One reason to do this is that these larger companies with the highest market cap dominate the index anyway, so that it can give you the impression of a diversified portfolio while actually being reliant on the performance of those particular stocks.

For the ISEQ All Share index, the largest stocks you might choose to invest in are:

CompanyIndex weight
CRH PLC (CRG)23.77%
Kerry Group PLC (KRZ)10.59%
Ryanair Holdings PLC (RYA)10.28%
Bank of Ireland Group PLC (BIRG)7.99%
Dalata Hotel Group PLC (DHG) –6.73%
Permanent TSB Group Holdings PLC (IL0A)6.47%
Greencoat Renewables PLC (GRP)5.56%
Smurfit Kappa Group PLC (SKG)5.29%
Glanbia PLC (GL9)5.11%
AIB Group PLC (AIBG)3.84%

The flip side of investing directly like this is that you lose the diversification and stability that comes with buying into an entire index. It requires much more hands-on management to do your own stock picking, so it’s best suited to more experienced investors.

How much does it cost to invest in the ISEQ All Share index?

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From $0 to $5, depending on how you invest. For each option, you must consider the cost of buying the actual asset, whether that’s an ETF, index fund, CFD, or share, plus the fees associated with it.

InstrumentTrading feeManagement fee
Exchange traded funds$0-$5.990-0.2%
Index fund / mutual fund$0-$5.990.1-2%
Individual stock$0-$3None
CFD$0None

*A fee comparison of 3 leading brokers for example purposes

ETFs and CFDs are generally the cheapest option overall, as they have low fees and a low minimum investment. Index funds and mutual funds have low fees but may have a high minimum investment. Buying individual stocks is the most expensive option in absolute terms, because the share price of a single large company is often more than $100.

All options are likely to include a trading fee, which you pay each time you make a transaction. Some trading platforms offer zero-fee trading, with others it may be a few dollars. 

Then ETFs and index funds each have their own expense ratio. Expense ratios refer to an annual management fee, charged as a percentage of your total investment. Expense ratios are usually no more than 0.05%, so if you invest $1,000, you would pay $5 per year in management fees.

Should I invest in the ISEQ All Share index? 

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Yes, ISEQ All Share investing is a great choice if you’re looking for a safer investment with more price stability compared to picking individual stocks. It gives you an instantly diverse portfolio with exposure to a broad area of the stock market.

The flip side is that you have less control over which companies you invest in. An index committee decides how the index works, and you can’t pick and choose the underlying companies you like the most. The ISEQ All Share is better suited to hands-off investors, compared to those who have the skills, experience, and desire to pick their own stocks.

What are the advantages of investing in the ISEQ All Share index?

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An index provides instant stock market diversification, where you spread your risk across a large number of underlying companies, rather than one or two. Here are some more reasons why you might want to invest in the ISEQ All Share index:

  • The ISEQ provides exposure to a diversified range of companies. The ISEQ All Share Index covers all listed companies in Ireland, exposing investors to various sectors and industries.
  • It has good growth potential. Ireland has many companies with strong growth potential, particularly in the technology and pharmaceutical sectors. By investing in the ISEQ All Share Index, investors can gain exposure to these companies and benefit from their growth.
  • Some ISEQ companies may be undervalued. Some companies listed on the ISEQ All Share Index may be undervalued compared to their international peers, allowing investors to buy into high-quality companies at attractive prices.
  • Ireland is a stable country. Ireland has a stable political and economic environment, is attractive to foreign investors and provides a supportive backdrop for businesses to grow.

What are the disadvantages of investing in the ISEQ All Share index?

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The main risk of investing in the ISEQ All Share is that all the underlying companies are related in some way, so a broader economic downturn that affected the entire country would likely affect many stocks in the index at the same time. Here are some more risks of ISEQ All Share investing.

  • A few companies dominate it. The ISEQ All Share Index is heavily weighted towards a few large companies, which may lead to concentration risk for investors.
  • The financial and consumer sectors are where many of its companies operate. While the ISEQ All Share Index provides exposure to a diversified range of industries, it is heavily weighted towards the financial and consumer sectors, which may limit diversification opportunities for investors.
  • The Irish stock market is small compared to other countries. The Irish stock market is relatively small compared to other global markets, which may limit liquidity and make buying and selling shares in certain companies difficult.
Invest in the ISEQ Index

FAQs

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Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.