ETF Vanguard Managed Payout Fund vs VDGR

Discussion in 'Shares & Funds' started by sfdoddsy, 1st Apr, 2019.

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  1. sfdoddsy

    sfdoddsy Well-Known Member

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    I was trawling through the Vanguard site and noted again the Managed Payout Fund.

    I'm not so interested in the payout part, but the asset allocation seems similar to my Australian Super Balanced fund (commodities, infrastructure etc).

    Any thoughts on this compared to their regular diversified ETFs such VDGR?
     
    sfdoddsy, 1st Apr, 2019
    #1
  2. geoffw

    geoffw Moderator Staff Member

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    While I know nothing about the product, I note that the Managed Payout Fund is a wholesale fund with a minimum investment of $500,000. VDGR, as an ETF, doesn't have a minimum.

    While I'm not sure of your circumstances, I know it doesn't suit mine :)

    I don't know if there is a retail equivalent.
     
    geoffw, 1st Apr, 2019
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  3. sfdoddsy

    sfdoddsy Well-Known Member

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    No, there is no retail or ETF equivalent.

    Which is kind of what makes it interesting.

    :)
     
    sfdoddsy, 1st Apr, 2019
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  4. Nodrog

    Nodrog Well-Known Member

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    Generally Vanguard will accept $100K (vs advertised $500k) minimum for wholesale funds. Simply ring and ask.

    Despite being around nearly 5 years the Managed Payout Fund has bugger all FUM. I think they lost a large investor awhile back? High fee. Rumour has it this is one fund Vanguard has looked at in regard to whether it’s a keeper or not? However closing funds is not something they would want to do. But given these issues it’s certainly not something I’d invest in.

    Regarding asset allocation the portfolio looks unnecessarily complicated to me.

    Not advice.
     
    Nodrog, 1st Apr, 2019
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    Never giveup and Ynot like this.