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Vanguard Funds to Vanguard ETFs?

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  • Ryan_Futuristics
    Ryan_Futuristics Posts: 795 Forumite
    masonic wrote: »
    Which ETF charges 0.02%?

    Problem with doing it off the top of my head (and not owning any Vanguard ETFs)

    Not Vanguard evidently
  • masonic
    masonic Posts: 27,236 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Ryan_Futuristics wrote: »
    Problem with doing it off the top of my head (and not owning any Vanguard ETFs)

    Not Vanguard evidently
    Ok, so I haven't missed out on a super-cheap tracker then. The cheapest Vanguard ETF is VUSA at 0.07% (vs OEIC @ 0.10%), which I think is the one with the biggest difference in charges. For the UK, there's only FTSE 100 (VUKE) @ 0.09% vs All-share OEIC @ 0.08% (+0.20% dilution levy on purchase). These two I think have the biggest cost differential in favour of the ETF, the others are within 0.02% of each other.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    DoctorW wrote: »
    Hi,

    Wanted to ask the question of more experienced folk who may have already gone through the same process of converting Vanguard Funds to Vanguard ETFs -

    I've got about 25-30k with Hargreaves Lansdown in Vanguard's FTSE UK All Share Index Fund

    About 10k with BestInvest SIPP in Vanguard Emerging Markets, Pacific ex-Japan and Lifestrategy funds.

    I've read about the lower expenses of the ETFs and to be honest there doesn't seem to be many negatives? The more frequent-pricing won't cause me to do anything stupid, they'll still be held for the major long term, so what am I missing? Why would anyone NOT want to go for the ultra-cheap ETFs?

    If anyone could also tell me what the conversion process is like, do I have to re-pay Stamp Duty? Dilution levy etc?

    Thanks a bunch!

    D

    I've recently cottoned on to ETF's, looking back I think that I must have been sleepwalking when buying index tracker funds at fidelity. When I consider the market to be high(ish) I intend to move most of my fidelity funds to vanguard ETF's at HL.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • aspiration_2
    aspiration_2 Posts: 211 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    gadgetmind wrote: »
    ................

    I sold the Vanguard trackers in phases, and slightly changed my asset allocation etc. as I rebought. The process was smooth, particularly the rebuying side.
    ....................

    Hi gadgetmind. I take it that you bought vanguard ETFs. May I please know which of your ETFs have done well in the last few months? I will take your reply as pointers and not advice.

    Thanks
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    1) Getting charts of the Vanguard ETFs isn't hard.
    2) Which have done well in the last few months is utterly irrelevant, and is probably the opposite of what you want to know.

    Some time in the next few months, I'll rebalance, which means I'll be selling slices of those that have done well to put money into those that have done badly.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • RetiredInThailand
    RetiredInThailand Posts: 478 Forumite
    rpc wrote: »
    Bear in mind that you don't get accumulation ETFs .....

    http://www.ishares.com/uk/individual/en/products/253716/ishares-ftse-100-ucits-etf-acc-fund

    There are others also.
  • RetiredInThailand
    RetiredInThailand Posts: 478 Forumite
    masonic wrote: »
    Ok, so I haven't missed out on a super-cheap tracker then. The cheapest Vanguard ETF is VUSA at 0.07% (vs OEIC @ 0.10%), which I think is the one with the biggest difference in charges. For the UK, there's only FTSE 100 (VUKE) @ 0.09% vs All-share OEIC @ 0.08% (+0.20% dilution levy on purchase). These two I think have the biggest cost differential in favour of the ETF, the others are within 0.02% of each other.

    I think that the charges imposed by the ETF manager are small when compared to the fortune (0.3%) that some brokers charge every year just for holding your account on their books and doing nothing with it.

    So I just make sure that my broker doesnt charge me any sort of fee for holding my ETFs.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well, Best Invest do charge myself+spouse a fixed annual fee for our SIPPs and ISAs, but it's small beer compared to percentage platform fees.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • puk999
    puk999 Posts: 552 Forumite
    Ninth Anniversary 500 Posts
    gadgetmind wrote: »
    Well, Best Invest do charge myself+spouse a fixed annual fee for our SIPPs and ISAs, but it's small beer compared to percentage platform fees.

    I've been looking at Bestinvest lately and it seems to be a percentage based fee. How come you pay a fixed annual fee?
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Sorry, I usually add the caveat, but forgot this time. This is a "grandfathered" deal that only applies to those who were holding equities on BestInvest before they announced the changes.

    I promptly moved all of the Vanguard tracker funds to ETFs.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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