Opening a s&s ISA with Vanguard?

Aminatidi

Alexland wrote: »

There seems to be some unpublished wriggle room in the Vanguard Investor minimums. I believe they only enforce the £500 lump sum or £100 per month contribution at sign up to ensure you are a customer worth doing business with. They probably haven't coded the application logic to stop you cancelling the £100 regular contribution before you have reached £500 but I guess you risk them contacting you if they notice.

Another forum poster once said that once they had the account they were able to setup a regular contribution for less than £100 per month. I can see from my account history that I did a trade for just over £20 in a Junior ISA to invest a small cash gift.

Still we are no longer customers as it doesn't suit our ISA account valuations and JISA asset allocation strategy and they may have tightened these things up since.

Alex

Yes that's what isn't clear from their website.

It says £100 but mentions "regular investing" which I take to mean automated through a monthly DD or debit card or whatever Vanguard use.

I mean if you simply want to whip out a debit card and stick a small amount into a LifeStrategy fund.

I know on HL you can do this with as little as £25 and presume other platforms will have similarly low minimums.

ColdIron

Aminatidi wrote: »

I know on HL you can do this with as little as £25 and presume other platforms will have similarly low minimums.

Only with their Monthly Savings ("regular investing") option via direct debit. You can't invest £25 by whipping out your debit card

Aminatidi

ColdIron wrote: »

Only with their Monthly Savings ("regular investing") option via direct debit. You can't invest £25 by whipping out your debit card

Thank you, I'd got it in my head from when I glanced that it was much less but you're quite right it's £100 as a "one off"

That's useful as it puts them on a par for that sort of thing.

eskbanker

Jrose1927 wrote: »

Is there any websites to research vanguard products charts showing rates within previous years how they've fluctuated etc ?

The Vanguard Investor site (linked above) has such data, as do generic investing sites such as Trustnet and Morningstar that allow comparison between Vanguard products and those from other fund managers. Other platforms such as HL will do as well, so this data shouldn't be hard to find....

Aminatidi

Jrose1927 wrote: »

Is there any websites to research vanguard products charts showing rates within previous years how they've fluctuated etc ?

If you look on the Vanguard website but change the dropdown in the top right to "Financial Adviser" there are a load of documents and factsheets that are worth reading but for some reason don't seem as visible when you go in as a private investor.