Looking to rebuild my Australian portfolio in the UK

alibanana

Hi folks. Posted this over on the UKPersonalFinance subreddit and got nothing back but the community on this board looks to be a lot more active. 

Over the past few years I've built up a modest portfolio in Australia, primarily composed of Vanguard's VDHG ETF. I'm now allowed to post links yet but if you head to the vanguard .com .au site and then pop the following after it should come up: /personal/products/en/detail/8221/Overview

I've moved to the UK and am now looking to sell up the Aus portfolio and invest in an equivalent here. From the reading I've done, it seems I should start by maxing out my S&S ISA allowance then open a separate account for the rest. But can anyone help me work out whether there's a similar product to VDHG?

Would it be a Vanguard Lifestrategy fund? If so, which is most similar?

Thrugelmir

You are unlikely to find an off the shelf equivalent. No great demand for for an investment weighted towards OZ domestic equities in the UK.  

tebbins

What is your reason for wanting an Australian-biased/Australian index fund as opposed to a UK-biased or vanilla global tracker?
From https://www.vanguard.com.au/personal/products/en/detail/8221/portfolio this appears to be a sort of Vanguard Australia fund of funds, with roughly 90% equities, 10% bonds, a 36% Australia weighting (40% of the equity allocation) and 40% of the international allocation hedged to AUD.
I don't think anything exactly or closely resembling this exists in the UK.
If you intend to return to Australia at some point then it certainly makes sense to align your portfolio with an Australian bias (currency and aligning your portfolio with the fortunes of the place you intend to live), if not, then a 90% global equity / 10% global bonds portfolio may be a sensible "vanilla" (i.e. no country bias) option. You could achieve this in a S&S ISA with Vanguard FTSE Global All Cap, HSBC FTSE all world, VAGP, AGGG...
If you want to keep the AUS equity weight the same, you could use SAUS, which I believe is available in the UK. However we don't have that much in the UK that is AUD hedged.

alibanana

Sorry I should have been clearer - I'm looking for an equivalent in the sense that I'm looking for a fund that has a mixture of equity and bonds and 'self balances'. So in Australia, the VDHG product has an Aussie bias but over here in the UK, I'd be happy with a UK bias. Hopefully that makes things clearer.

Thrugelmir

A link for you.

https://www.vanguardinvestor.co.uk/investing-explained/what-are-lifestrategy-funds?cmpgn=PS0220UKBABLS0001EN&s_kwcid=AL!11156!3!591539136939!e!!g!!vanguard lifestrategy funds&gclid=CjwKCAjw9qiTBhBbEiwAp-GE0U2cZgzUh00MlNnz1RT4Vp5NpAmAk3RRjx9rBFwlE5TgX2QJ7GUINxoCSekQAvD_BwE&gclsrc=aw.ds

tebbins

Agreed, Vanguard's Lifestrategy or a competitor (https://monevator.com/passive-fund-of-funds-the-rivals/) is what you're looking for.