Fund equivalent of VHVG

Apollo22

I am being quite thick, but what is the fund equivalent of VHVG?  thanks

JohnWinder

VHVG is a fund isn’t it? What is ‘fund equivalent?

ColdIron

VHVG is an ETF. No reason not to use them. If you want a fund equivalent then Fidelity Index World is cheap

https://www.investments.lloydsbank.com/funds-centre/full-fund-range/details/GB00BJS8SJ34

dunstonh

Apollo22 said:

I am being quite thick, but what is the fund equivalent of VHVG?  thanks

That is a fund.   An ETF (exchange traded fund)
What alternative fund universe are you looking for?  i.e. pension fund, insured fund, OEIC/UT etc   - if the latter then Coldiron is on the mark.

Exodi

Apollo22 said:

I am being quite thick, but what is the fund equivalent of VHVG?  thanks

Without being pedantic, VHVG is an ETF, which stands for 'Exchange Traded Fund'.

I presume you are referring to the Index (Mutual) Fund equivelant?

Using FTSE 100 as an example:

ETF: FTSE 100 UCITS ETF (VUKE)
https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-100-ucits-etf-gbp-distributing/overview

Index: FTSE 100 Index Unit Trust
https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-100-index-unit-trust-gbp-acc/overview

While Vanguard don't always offer an equivalent, I think the closest vanguard index fund to VHVG would be the FTSE Developed World ex-UK Equity Index Fund - but as the name suggests, the UK is missing so you'll probably want to add a tiny bit of UK exposure if your intention was to replicate it:

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-developed-world-ex-uk-equity-index-fund-gbp-acc/overview

If you're not specifically looking for a 'FTSE Developed World Index Fund' - there's plenty of good Global index trackers out there (such as the one cold iron linked) - I've just kinda assumed you're using vanguardinvestor.co.uk

aroominyork

Fidelity Index World is MSCI, VHVG is FTSE. From https://www.diyinvestor.net/msci-vs-ftse-which-is-the-best-index-provider/: "Small-cap firms cause another material difference between the indices. MSCI global indices capture 85% of the investable universe by market cap and exclude the bottom 15% as small-cap firms. But FTSE global indices track 90% of market capitalisation and exclude the bottom 10% as small-cap firms."

Linton

aroominyork said:

Fidelity Index World is MSCI, VHVG is FTSE. From https://www.diyinvestor.net/msci-vs-ftse-which-is-the-best-index-provider/: "Small-cap firms cause another material difference between the indices. MSCI global indices capture 85% of the investable universe by market cap and exclude the bottom 15% as small-cap firms. But FTSE global indices track 90% of market capitalisation and exclude the bottom 10% as small-cap firms."

And then there is the Vanguard FTSE Global All Cap fund which does include Small Cap and so is my preferred option.  I think this is the only global index fund with such a wide coverage.

aroominyork

Linton said:

aroominyork said:

Fidelity Index World is MSCI, VHVG is FTSE. From https://www.diyinvestor.net/msci-vs-ftse-which-is-the-best-index-provider/: "Small-cap firms cause another material difference between the indices. MSCI global indices capture 85% of the investable universe by market cap and exclude the bottom 15% as small-cap firms. But FTSE global indices track 90% of market capitalisation and exclude the bottom 10% as small-cap firms."

And then there is the Vanguard FTSE Global All Cap fund which does include Small Cap and so is my preferred option.  I think this is the only global index fund with such a wide coverage.

That is global inc. EMs. Fidelity Index World and VHVG are developed world only.

Apollo22

thanks all. I am having the dilemma of whether to move stuff from mutual funds to ETFs (simply to save charges) or whether I should stick to mutuals.

JohnWinder

If the dilemma is the maths, tell us the relevant figures and we’ll have a shot. Vanguard offers a fee comparison calculator that might help.