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As a UK resident, is it possible to invest on Vanguard Information Technology ETF https://investor.vanguard.com/etf/profile/VGT? If so how?

Thanks

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  • Have you asked your stock brokerage firm?
    – Flux
    Commented May 15, 2021 at 17:21
  • I don't have one. Sorry I'm very new to personal finance and investment. From Vanguards own website it doesn't show VGT as available fund for UK. Commented May 15, 2021 at 17:27
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    This UK broker says it doesn't have a KIID, so it can't be sold to UK retail investors
    – AakashM
    Commented May 15, 2021 at 18:03

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The short answer seems to be no:

Unless you’re able to prove you’re a ‘sophisticated investor’ then practically all platforms and brokers will refuse to sell you ETFs based in the US (also known as US-domiciled or US-registered ETFs) because these products do not conform to European UCITS regulation. This piece explains why we can no longer buy US-domiciled ETFs.

While it is possible to open an account with a US broker if you’re resident in the UK, you will still be denied US-listed ETFs (even if you’re a US citizen) because the regulation is deemed to have “extra-judicial reach”. In other words, it’s your address that counts and not the legal jurisdiction of the company that you’re dealing with.

Source: https://www.justetf.com/uk/academy/us-etfs-how-to-buy-the-best-equivalent-etfs-in-the-uk.html

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