Vanguard Index Funds

eskbanker

Fair enough, "invested in UK-listed companies" would be more accurate, although the case you make presumably cuts both ways too, in terms of UK revenues for companies domiciled elsewhere.  I don't have facts to hand but presume that VLS will have a significantly higher proportion of UK-invested content than its peers by any measure, given the undisputed weighting tilt - do you have a more accurate figure in mind than the 20-25% that you berated as 'totally inaccurate'?

Thrugelmir

eskbanker said:

Fair enough, "invested in UK-listed companies" would be more accurate, although the case you make presumably cuts both ways too, in terms of UK revenues for companies domiciled elsewhere.  I don't have facts to hand but presume that VLS will have a significantly higher proportion of UK-invested content than its peers by any measure, given the undisputed weighting tilt - do you have a more accurate figure in mind than the 20-25% that you berated as 'totally inaccurate'?

Didn't berate. Merely corrected the very basic misunderstanding. That seems to be constantly repeated on the forum.   

 Revenue isn't as nearly as important as profit. Revenue being no indication of profitability. Companies hedge currencies. UK companies won't leave themselves exposed to floating exchange rates either. They'll have an inhouse Treasury team managing the group's cashflow, contract positions etc. 

Vanguard's VLS portfolios are constructed to be within given % ranges of potential volatility.  Don't have access to the data myself, but MSCI, Russell, Refinitiv etc will happily sell you this at some considerable cost if you wish to create your portfolio in a specific volatility tolerance, 

eskbanker

Thrugelmir said:

Didn't berate. Merely corrected the very basic misunderstanding. That seems to be constantly repeated on the forum.   

I'm not sure it's a misunderstanding as such - as above, I agree that VLS's 20-25% "invested in UK-listed companies" would be a more accurate representation than asserting that 20-25% is "invested in the UK" in the broader sense, but the latter is still vague enough to have a variety of legitimate interpretations rather than one 'right' one and multiple 'wrong' ones.  I wouldn't disagree that profit is more important than revenue either, but if you're asserting that 5% would be a more realistic VLS100 UK weighting on the basis of relative profitability then you must have some basis for that conclusion?

Thrugelmir

eskbanker said:

Thrugelmir said:

Didn't berate. Merely corrected the very basic misunderstanding. That seems to be constantly repeated on the forum.   

I'm not sure it's a misunderstanding as such -

That's your opinion. Little point in asking me. I'm merely expressing a personal view. Based on what has been written previously in this regard.  Which often turns into gospel as it's relayed on and on. With no degree of comprehension. Hopefully there'll be clarification in due course. 

smjxm09

What is the Minimum initial investment with the Vanguard Life Strategy fund?  Looking at the funds web page it says £100,000.  Is that a mistake as I thought it was £500? Also once set up is it easy to switch from ACC to income as I am not sure when i will need an income?

virenque

It's £500, poss you are looking at the corporate investor site? 

smjxm09

Didn't think of that. Here is the link https://www.vanguard.co.uk/professional/product/mf/lifestrategy/9237/lifestrategyr-40-equity-fund-gbp-inc

dunstonh

It could be less than £500 if bought through a whole of market investment platform

virenque

Yep you were on the Pro site   

TheAble

Why is your timeframe only 10 years as a matter of interest? Yes VLS100 is a good choice for a beginner but if you have a definite need for the money within that timeframe then a touch of caution is to be advised.