VWRP ETF or something else?

Anita1234

Hi, I'm looking for an all- world ETF that allows me to invest in £ and where dividends are reinvested automatically. When i sell, i want the cash i get back to be in £ so i don't have to convert from say US $. Is VWRP the best choice? Thank you 

Sailtheworld

Probably as good as any. The underlying assets will be a mixture of currencies but as this is a sterling fund you can by in £ & sell in £ - the fund manager does all the conversion for you.

EthicsGradient

Typing out the actual name of an ETF, rather than just its 4 letter trading abbreviation, will usually get a better response; many people do not commit the codes to memory.

[Deleted User]

As far as I know you can't invest in VWRP via Vanguard themselves bizarrely, you'd need to go via another broker. That means it'll likely be pricier. Maybe go for VWRL and reinvest the dividends yourself, I think they're paid quarterly. Or go for Vanguard Global All Cap fund which is very similar, I think mainly differs as it includes small companies, so arguably more diversified, and it's accumulating too.
In terms of codes and what they refer to, as far as I know:

Priced in dollars :
VWRD for distributing
VWRA for accumulating

Priced in pounds:
VWRL for distributing
VWRP for accumulating

John464

According to the FT, VWRP can't be held in a UK ISA:
https://markets.ft.com/data/etfs/tearsheet/summary?s=VWRP:LSE:GBP
I don't know why this is
(I hold VWRL (distribution) https://markets.ft.com/data/etfs/tearsheet/summary?s=VWRL:LSE:GBP
and SWDA (accumulation) https://markets.ft.com/data/etfs/tearsheet/summary?s=SWDA:LSE:GBX )

bowlhead99

John464 said:

According to the FT, VWRP can't be held in a UK ISA:
https://markets.ft.com/data/etfs/tearsheet/summary?s=VWRP:LSE:GBP
I don't know why this is

It's not clear why they would say that, perhaps outdated standing data or data feed issue.

It's admitted to trading in Dublin, London and various other exchanges, its ISIN (IE00BK5BQT80) appears on HMRC's approved list of reporting funds, and it's registered as an overseas collective investment scheme on the FCA's register. The FCA registration has been there since 2012, before the accumulating class of the scheme existed, but should not be a barrier to holding that class in the ISA.

quirkydeptless

John464 said:

According to the FT, VWRP can't be held in a UK ISA:
https://markets.ft.com/data/etfs/tearsheet/summary?s=VWRP:LSE:GBP
I don't know why this is
(I hold VWRL (distribution) https://markets.ft.com/data/etfs/tearsheet/summary?s=VWRL:LSE:GBP
and SWDA (accumulation) https://markets.ft.com/data/etfs/tearsheet/summary?s=SWDA:LSE:GBX )

I'm holding it on HL, whose page says you can 
https://www.hl.co.uk/shares/shares-search-results/v/vanguard-ftse-all-world-ucits-etf-gbp