Whole World Passive Equity Fund

[Daddy Ireland]

Can anyone advise how I can buy into this type of fund or recommend such a fund with very low management charges. Also, is it possible to purchase this type of fund in euros.

 

[Sarenco]

Is this for a PRSA or a taxable brokerage account?

Vanguard FTSE All-World UCITS ETF (VWRL) has a euro share class.

If you want an ETF that's subject to normal income tax/CGT (as opposed to exit tax), then Vanguard Total World Stock ETF (VT) might be a good choice (although it doesn't have a euro share class).

Both ETFs are available on a commission free basis with DeGiro.

 

[monagt]

Is this for a PRSA or a taxable brokerage account?

Vanguard FTSE All-World UCITS ETF (VWRL) has a euro share class.

If you want an ETF that's subject to normal income tax/CGT (as opposed to exit tax), then Vanguard Total World Stock ETF (VT) might be a good choice (although it doesn't have a euro share class).

Both ETFs are available on a commission free basis with DeGiro.

Why no Exit Tax status on VT?

Are there others similar?

 

[Daddy Ireland]

Not for a PRSA. Simply a lump sum investment. Does it have to be an ETF. I just want to invest in a euro passive world equity index fund. Thanks.

 

[Sarenco]

Why no Exit Tax status on VT?

Because VT is US domiciled.
[broken link removed]

VT tracks the FTSE Global All-Cap Index, whereas VWRL tracks the FTSE All-World Index.

The main difference between the two indices is that the All-Cap index includes small capitalisation companies but the two indices are likely to produce very similar results - the annualised return over the last 5 years has been identical.
http://www.ftse.com/Analytics/FactSheets/Home/DownloadSingleIssue/GAE?issueName=GEISLMS

 

[Sarenco]

Not for a PRSA. Simply a lump sum investment. Does it have to be an ETF. I just want to invest in a euro passive world equity index fund. Thanks.

The mutual fund equivalent of VT is VTWSX but it has higher fees than the ETF share class (which can be bought on a commission free basis through DeGiro).

You don't have to buy an ETF but they are the cheapest way to gain exposure to your preferred index.

 

[Daddy Ireland]

Thanks Sarenco. Just one other question is there a passive Vanguard high yielding dividend world fund in euros that I could invest in through Degiro and is there aby link to it to see the returns achieved in recent years.

 

[Sarenco]

Just one other question is there a passive Vanguard high yielding dividend world fund in euros that I could invest in through Degiro and is there aby link to it to see the returns achieved in recent years.

Vanguard has such an ETF (see link) but I don't think it's offered by DeGiro on a commission free basis -


Make sure you read up on the tax treatment of different funds/ETFs - it's a bit of a minefield...

 

[Daddy Ireland]

Yes thanks Sarenco. I believe ETF's especially are complex beasts. Thats a worry and I will have to get financial advice in those respects.