Buying a US based ETF

longwalks1

I use AJ Bell for my pension an ISA (and extremely happy with them) and wanted to invest in a particular Vanguard ETF. 
I am unable to with AJ Bell as there is no KIID for that particular fund (according to AJ Bell).
How can I invest in a fund please, any recommendations on an investment platform/ISA provider where I can buy a US based ETF?

longwalks1

Thanks mortgageFTB - I thought it looked too good to be true. 

george4064

Which ETF is it?

Many ETFs have London listed GBP share classes as well as the main US listed USD share class.

longwalks1

Hi George, its the Vanguard Mega Cap Growth (MGK) ETF 

JohnWinder

Four words: recency bias, performance chasing. Be careful. OK, six words.

InvesterJones

The fund has what, 82 companies picked by market cap primarily right? Could just go for a global top 100 companies by cap fund like L&G global 100 index

Bostonerimus1

Well your Vanguard ETF might well be UK HMRC reporting, but I'd check. Still there will probably be cross border tax issues to navigate, that is if you can find somewhere to sell them to you. As a US resident looking to move back to the UK I've researched holding US investments as a UK resident and I can just about do it, but it's a real pain and I won't be allowed to make any purchases.

wmb194

qbadger said:

There are some advantages with US listed ETFs vs. their domestic cousins:
1. lower management fee
2. higher liquidity
3. potentially lower total tax liability on dividends (WHT and DTT interaction)

You could try signing up with a US/non-european trading platform and see whether they'll accept you as a customer.

Because it knows I'm resident abroad my US broker won't allow me to buy mutual funds, ETFs or CEFs so even if you manage that it's no guarantee.