New answers tagged vanguard
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This is actually noted in the fact sheet for the fund:
The management fee is equal to the fee paid by the Vanguard fund to Vanguard Investments Canada Inc., and does not include applicable taxes or other fees and expenses of the Vanguard fund.
This Vanguard fund invests in underlying Vanguard fund(s) and there shall be no duplication of management fees ...
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Most investment funds fees charge according to Net asset values(NAV). I.e., your investment will rise or fall over time, the charges are based on closing asset value.
According to this UK vanguard fees page, the account fees are capped to £375 and free if the NAV is above £250,000. For the complete charges information, you should read this costs table. ...
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No, your MER on VFV is 0.08% the reason why it’s higher than the 0.03% is that if you held the underlying asset VOO you would be subject to foreign withholding fees.
You can actually use this to your advantage though by buying VOO in your RRSP (which allows you to waive the foreign withholding fees because it’s a retirement account) and holding VFV in your ...
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Im assuming you’re in the UK? I’m not sure what the .15% account fee is you’re referring to but assume it’s something your brokerage firm charges?
The ETF itself has an expense ratio of .07%, which is deducted from the etf itself vs deducted from your account.
An ETF has no say regarding what fees are charged to buy or sell its shares. If there is a ...
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Yes.
For example this Investors Chroncile article cites a number of overseas-focused ETFs as options to put in an ISA.
10 passive funds for your ISA
Individual providers will be able to confirm the position for specific funds.
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Anything held in an ISA is tax sheltered and therefore subject to the tax reliefs (income tax, no Capital Gains tax etc.)
This is true even when you hold stocks of non-UK countries directly, e.g. Microsoft.
There are some types of investment that cannot be held in an ISA (for example, until August 2013 you were not allowed to hold AIM stocks within an ISA)....
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From an interview on a finance podcast with a Senior Key Account Manager at Vanguard, he explains that the administrative and reporting requirements of unlisted managed funds are far above those required by the ASX, hence the additional costs.
Podcast was Aussie Firebug and the comment occurs around the 19:00 mark.
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