ETF VAS reduce MER to 0.10%

Good move and about time considering A200.

 

Still high in my opinion. Won’t be happy till fees are half of 0.1%

Don’t think I am asking for too much, am I ?

Cheers
Oracle

 

Now for direct investment super firms to do the same. They price-gouge.

 

From AFR

Vanguard third most expensive after A200 and IOZ. Not good enough.They were forced to cut by the other two. Vanguard lately is not setting the trend but rather following others.

Cheers
Oracle

 

Rather happy with this one. I have about 25% of my SMSF parked in VAS and I was kinda toying with the idea of switching it to A200 as their management fees were literally half. But now that Vanguard have cut their prices, I'm a happy camper and I think I'll stick with them.

 

As long as VAS follows then it’s all good

 

I agree - Vanguard are only doing this to remain competitive. Vanguard Australia, a for profit company, is riding the global brand's reputation as one of the lowest fee ETF providers, being a not for profit, to acquire customers.

I'd like to see a fee decrease across all of Vanguard's products.

 

I think the implication that Vanguard is being stingy/greedy/whatever is a little rich.

In any case, when we’re each quibbling over a few basis points we’ve already hit the farking jackpot, in terms of our position in the world as humans, in global terms and compared to history.

Context is important. If these are our complaints, how lucky are we!

 

Disagree.

In the words of C. Montgomery Burns - "I'm a rich man, but I'd trade it all for a little more... "

 

This is the "Not as bad as" fallacy Not as bad as - RationalWiki

Yes, the MER was worse in the past, but it could be better. The proof is in ETFs such as A200 that proves ASX200 can be done cheaper, and VTS that proves large sets of holdings (~3500) can be done cheaper.

Call me greedy, but 1 > 0 and so is 1000000000001 > 1000000000000

It's not as bad as the super industry and I will continue to buy Vanguard ETFs.

 

That is a great article, well worth a read. Loved this cartoon on the page too...

 

Sticking to a200, everyone defends vas with the extra 100 companies but it doesnt help

 

@Synergy didn't Betashares A200 only list in 2018?

10 Year ann returns?

But you are right ASX200 vs ASX300 not too much difference

VAS tracks the S&P/ASX 300 index and both STW and IOZ track the S&P/ASX 200 index. A200 tracks a newly created index, the Solactive Australia 200 Index. Solactive is a Frankfurt-based index provider

Solactive state that inn terms of differences, they are operating with a buffer rule where they say stocks can only get kicked out at the quarterly re-balancing if they fall out of the top 225 largest companies. They’ve done this to reduce turnover. They also have an additional liquidity filter where they only accept stocks that have $100,000 average daily trading volume.

 

That probably explains the variations between VAS and A200. Did they release the calculations showing how their algorithm impacts performance? Because I assume they've done backtested calculations to show that the error in the algorthim is significantly (orders of magnitude) less than the MER of 0.07%.

Isn't the minimal difference between capital weighted asx 200 and 300 because those 100 companies make up such an insignificant part of the invested money? For example an equally weighted asx 200 vs 300 should have much more variance.

I also have the equal weighted MVW (MER 0.35%) that has outperformed but I'm not sure it's not just an anomaly over a short period.

 

Good start to the day feeling ever so slightly rich knowing from today I get to keep 0.04% extra on my VAS portfolio. Feeling good

Cheers
Oracle

 

Vangurd wont budge on wholesale fees stil set at .18 per annum

 

Spend it wisely. Or buy more. You can afford it.

 

Hi all, I'm newbie here. Sorry to ask very basic questions here, but I don't really know where to post it. I'm about to open a Vangaurd account, and I'm not sure if I should do it in in "individual name" or a "company name" or a "sole trader" account? What are the benefits or disadvantages of these? And are there minimum amount required for trading on this? Since this is my first time in doing this, I just want to start with a bare minimum to learn the rob first.
Please direct me to other posts/threads about this if that helps. thanks