Best way to save for kids uni costs?!

eskbanker

22225 said:
Any ideas for a vanguard fund that doesnt hsbe such a high UK weighting?

As above, if you're aiming to keep costs down then you need to consider both platform and fund charges, but if you're looking for a Vanguard global equity fund without a high UK weighting then this is a genuine index tracker, albeit at 0.23% OCF:

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overview

22225

eskbanker said:

22225 said:
Any ideas for a vanguard fund that doesnt hsbe such a high UK weighting?

As above, if you're aiming to keep costs down then you need to consider both platform and fund charges, but if you're looking for a Vanguard global equity fund without a high UK weighting then this is a genuine index tracker, albeit at 0.23% OCF:

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overview

Thank you! Is it like lifestrategy in that I can just invest and then forget about it and not worry for 10 years????

eskbanker

22225 said:

eskbanker said:

22225 said:
Any ideas for a vanguard fund that doesnt hsbe such a high UK weighting?

As above, if you're aiming to keep costs down then you need to consider both platform and fund charges, but if you're looking for a Vanguard global equity fund without a high UK weighting then this is a genuine index tracker, albeit at 0.23% OCF:

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overview

Thank you! Is it like lifestrategy in that I can just invest and then forget about it and not worry for 10 years????

Yes, although being 100% equities it's at the higher end of the risk scale and will be more volatile than those LifeStrategy multi-asset funds which have the dampening bond component, i.e. all the ones other than the 100.

22225

Thanks a lot. Can I ask then, why do people use lifestrategy 100% if this one is just as good? I read that LS100 is 'managed' in a way. Is that how its different? Or is it just marketing?
Thank you

22225

I'm going to google it as I know I cant expect you to educate me on everything but what does All Caps mean. Well, I'm going to look into it now.

22225

Ok I've read a bit about it. I will probably go for the All Caps one though LS100 is ok. The consensus is basically that yes it has a bit of a too big home bias but then again that can help with home currency etc. So both are ok. Will start ploughing it in now. Thanks everyone!

DoublePolaroid

22225 said:

Thanks a lot. Can I ask then, why do people use lifestrategy 100% if this one is just as good? I read that LS100 is 'managed' in a way. Is that how its different? Or is it just marketing?
Thank you

Partly it’s marketing. But Vanguard also reference their own research which indicates that many U.K. investors want a tilt towards their home market. 

However if you want to invest in a global index and overweight the U.K. (for whatever reason) you can do that with Vanguard’s own funds on their platform by investing in the Global All Cap and one or more of their U.K. index trackers and save a very small percentage in fees at the cost of a smidge more complexity (a one fund portfolio versus two or more).

22225

Hi please can I ask, on the vanguard website there is a FTSE global all cap and also an ESG global all cap. When I looked at the ESG one it said it follows the FTSE global index. Do you know how they ate different???? Thank you

Notepad_Phil

22225 said:

Hi please can I ask, on the vanguard website there is a FTSE global all cap and also an ESG global all cap. When I looked at the ESG one it said it follows the FTSE global index. Do you know how they ate different???? Thank you

I've not had a specific dig into what is in them, but essentially the ESG one will filter out some of the companies on the basis of environmental, social, and governance factors as the fund will consider them to be 'bad' companies. Though whether you'd consider them to be 'bad' might be a different matter.

Personally I prefer to invest across as many companies as possible, so I don't follow an ESG path. Actually if I was to filter companies out for 'bad' behaviour, then I'd probably want to filter out many of the companies that ESG funds tend to love.

ColdIron

One follows the FTSE Global All Cap Index and the other the  FTSE Global All Cap Choice Index. The 'choice' index is a subset of the regular non-ESG (environmental, social, and governance) index but screens out certain companies

• The FTSE Global All Cap Choice Index measures the performance of the FTSE Global All Cap Index after excluding companies involved in Vice Products (Adult Entertainment, Alcohol, Gambling, Tobacco), Non-Renewable Energy (Nuclear Power, Fossil Fuels), and Weapons (Chemical & Biological Weapons, Cluster Munitions, Anti-Personnel Landmines, Nuclear Weapons, Civilian Firearms, and Conventional Military Weapons). Companies are also excluded based on Controversial Conduct.

The ESG index has, unsurprisingly, fewer companies, a very slightly higher OCF and Vanguard rates its risk at 6/7 rather than 5/7. The ESG fund is an ETF while the non-ESG one is a regular OEIC

Performance will be very similar

Read about them here

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-inc/overview

https://www.vanguardinvestor.co.uk/investments/vanguard-esg-global-all-cap-ucits-etf-usd-distributing/overview