Vanguard Launches Three New Global ETFs

GeoffTF · 24 August at 1:26PM

https://forums.moneysavingexpert.com/discussion/comment/82113082#Comment_82113082

TradingView shows VEVE's premium as 0.06% (versus VALL's 0.3%):

https://www.tradingview.com/symbols/EURONEXT-VEVE/

I expect that is because there is a two way trade for VEVE, whereas VALL has only buyers who are paying the full cost of creating new shares. Switching from VEVE to VALL does not look cheap at present.

Pat38493 · 24 August at 1:40PM

https://forums.moneysavingexpert.com/discussion/comment/82113077#Comment_82113077

Oh right - so the premium/discount to Nav is different to the spread - they are 2 different things? Also from what you are saying, if I am switching funds and the number is the same then the premium/discount cancels each other out and I only have to worry about the spread?

So that doesn’t tell me very much unless I know the history of that ETF? If it always trades at 0.3% premium that’s different to if it changes a lot?

GeoffTF · 24 August at 3:54PM

https://forums.moneysavingexpert.com/discussion/comment/82113123#Comment_82113123

The spread and premium/discount are two different things. If the two premium/discounts are the same they do cancel out. I am not an expert on ETFs, but I expect that the premium will come down. I am watching to see what happens with VAL, VSML and VEVE, out of curiosity as much as anything. I am not likely to do anything until after the Budget in October.

adindaspantai · 24 August at 11:39PM

VALL, VXUS, VSML are available on T212 since day one of their launcing. VWRP is already for sometimes now. VAFTGAG is not available on T212 as T212 does not offer OEIC. A truly global ETF such as VALL with such a low OCF of 0.07% from a reputable investment management company, vanguard is a game changer.

Someone on YT do comparative analysis between VALL, VWRP, VAFTGAAG and put side by side on the table so it will make it easier and save people time to compare it.

VALL seems to be similar to ETF version of VAFTGAG so it is easier to trade. While the OCF is smaller for VALL, but VAFTGAG offers a slight advantage for some UK investors as it is priced in GBP.