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  • FIRST POST
    • El Selb
    • By El Selb 11th Nov 17, 6:44 PM
    • 73Posts
    • 17Thanks
    El Selb
    Shall I open a Vanguard account?
    • #1
    • 11th Nov 17, 6:44 PM
    Shall I open a Vanguard account? 11th Nov 17 at 6:44 PM
    I am thinking of buying 2k worth of Vanguard's Japan Index tracker.

    I already have a CSD account, but given their rising fees is it a no brainer to buy and hold on Vanguard's new broker platform?

    I have 9k in funds and stock and in CSD as it is, around 60% in Vanguard products. So it might make sense to transfer that over too in time.
Page 1
    • Alexland
    • By Alexland 11th Nov 17, 7:10 PM
    • 2,236 Posts
    • 1,628 Thanks
    Alexland
    • #2
    • 11th Nov 17, 7:10 PM
    • #2
    • 11th Nov 17, 7:10 PM
    Well if you are happy to be constrained to only having Vanguard (and friends) products in one of your accounts then buying direct might be effective. Remember you can only contribute to one S&S ISA per tax year which might again restrict your trading activity. Alternatively for low values you could consider just using a dealing account as on these values you are less likely to make sufficient returns to interest the taxman.
    • ColdIron
    • By ColdIron 11th Nov 17, 7:35 PM
    • 4,031 Posts
    • 4,972 Thanks
    ColdIron
    • #3
    • 11th Nov 17, 7:35 PM
    • #3
    • 11th Nov 17, 7:35 PM
    The fund OCF will likely be the same wherever you hold it so the benefit will be the difference in Vanguard's 0.15% and CSD's 0.25%. On 2,000 that's the difference between 5 and 3. I don't think 2 would be enough for me to split my investments across platforms. If you did want to save 11 and move all your funds to Vanguard, you'd need to decide what to do with the 40% that isn't Vanguard at the moment, particularly the 'stock'
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