Ethical fund

grumiofoundation

letsbetfair said:

Vanguard offers an 'ESG Developed World All Cap Equity Index Fund (UK)' and 'ESG Developed World All Cap Equity Index Fund'. Struggling to work out the difference between them. Anyone know?

Believe just a difference in where the funds are domiciled. 

Discussed in thread below
https://forums.moneysavingexpert.com/discussion/6163363/vanguard-esg-dev-world-all-cap-equity-index-vs-esg-dev-world-all-cap-equity-index-uk

letsbetfair

Thanks! So little practical difference, as far as I can tell, but I'd be as well investing in the UK fund?

bigadaj

IanManc said:

letsbetfair said:

Vanguard offers an 'ESG Developed World All Cap Equity Index Fund (UK)' and 'ESG Developed World All Cap Equity Index Fund'. Struggling to work out the difference between them. Anyone know?

One is domiciled in the UK and the other is domiciled in Ireland.  🙂

So the Irish one must be greener....

bowlhead99

letsbetfair said:

Thanks! So little practical difference, as far as I can tell, but I'd be as well investing in the UK fund?

They both intend to track the same index and have the same OCF  for each share class, but the one with (UK) in the name is newly launched this quarter and domiciled in the UK whereas the other one which launched almost a decade ago (and changed its benchmark index not long ago) is in Ireland. The UK one has an earlier cut-off time for daily dealing, and as it is newer and smaller (assets of an initial £20m on the factsheet at the end of July, rather than the £700m+ of the existing fund) it had fewer holdings per the factsheet, presumably for efficiency purposes as it's harder to manage small pots of money.

If it were me (being UK resident) looking to invest in one of them I would just continue to use the longstanding Irish domiciled version that doesn't have (UK) in the name, absent a compelling reason to switch to the newer one.