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Vanguard investment query

gerdo
Posts: 192 Forumite


Hello all, just wondering if someone could explain the below. I have some money in Vanguard short term money market fund. I put in £22k and it's currently sitting at £21,969 so why is the total gain showing as £391.35 ??

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Comments
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The fund paid you £422.04 in income, while the value of the fund dropped £30.72.
Take one from the other and you arrive at £391.32, I guess the missing 3p is rounding somewhere2 -
If they paid me £422.04 where did it go?
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Your nominatated bank account?
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The money is part of my pension account which I'm not taking yet so it's not being paid to my bank account0
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gerdo said:The money is part of my pension account which I'm not taking yet so it's not being paid to my bank account
The gain showing is the gross total. i.e. unit price movements plus income distributed.
If you have only recently invested and qualified for the distribution by buying before the XD date, then the income is not payable until 28th June. Its around a month behind (depending on weekends/bank hols).
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.4 -
Select transactions in the left hand menu
Trek select cash statement tab
And the income should be listed there1 -
gerdo said:
Hello all, just wondering if someone could explain the below. I have some money in Vanguard short term money market fund. I put in £22k and it's currently sitting at £21,969 so why is the total gain showing as £391.35 ??1 -
Hello, if you switch to the accumulation version, you will see the fund value increase as more units are purchased and added to holding.No it wont. Income units with the income reinvested does what you say but accumulation units do not. Acc funds retain the income and reflect it in the unit price. Not the unit count.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2 -
dunstonh said:Hello, if you switch to the accumulation version, you will see the fund value increase as more units are purchased and added to holding.No it wont. Income units with the income reinvested does what you say but accumulation units do not. Acc funds retain the income and reflect it in the unit price. Not the unit count.
I understand you are one of the most knowledgeable and helpful contributors and when I saw you had replied my first thought was that it was going to be your normal downer re all things vanguard! Regards0
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