It really does come down to personal choice when deciding which index tracking fund is right for you. Legal & General offer nine funds, covering the major economies of the world.

The UK Index Trust tracks the FTSE All-Share Index, which contains a broad spread of companies that aims to be fully representative of the UK market as a whole. After 3 years of stock market decline, you may feel that now is the time to invest in the UK stock market, and an index-tracker investment could be suitable for you.

The European Index Tracker Trust aims to reflect the stock market performance of the region as a whole, providing a healthy mix of stability and capital growth potential. The trust tracks 15 differnet markets (excluding the UK) of the FTSE World Europe ex UK index, combining blue chip companies with promising start-ups able to offer strong growth prospects.

Whilst there is a definite US company bias to some of the other Legal & General trackers, they also invest in companies in the world's other major continents and indices such as the Pacific Index and Japan Index.