1Wk·

Vanguard lowers TER for VWCE ...

... and other ETFs

https://www.de.vanguard/private-anleger/wissen/wir-senken-unsere-gebuhren-fur-sechs-aktien-etfs

$VWCE (-3.89%)

www.de.vanguardWir senken unsere Gebühren für sechs Aktien-ETFs | Vanguard

21 Comments

Mirko@Kieler_Jung

1Wk

I'll stick with $FWRG 🫡

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SP@spellwan

1Wk

@Kieler_Jung warum?

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Mirko@Kieler_Jung

1Wk

@spellwan even lower TER

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j0keR61@j0keR61

1Wk

@Kieler_Jung hope the same thing doesn't happen to you as with amundi World etf, which they dissolved :)

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Epi@Epi

1Wk

They have reduced the percentage of all other ETFs more than their cash cow. I wonder why? 🙄

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Eselai@DonkeyInvestor

1Wk

@Epi because they like cows?

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Kate🦋@Iwamoto

1Wk

@Epi I thought $VHYL was the cash cow 🙈

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Iwas M.@SSIT

1Wk

Above all, the TER for both the Developed World and Emerging Markets are now both lower than the combination in the All World. 😅

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Nova@Nova_portfolio

1Wk

@SSIT they already were (I chose VEVE/VFEM over VWRL)

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Iwas M.@SSIT

1Wk

@Nova_portfolio That's correct. However the EM ETF has had a TER of 0,22% which was the same as VWRL (and probably the reason for it). But now both parent ETF have a lower TER than VWRL. And that's somewhat ridiculous.

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Epi@Epi

1Wk

@SSIT Do not kill your cash cow! 😅

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Julian@MoneyISnotREAL

1Wk

@Epi At least they are lowering instead of raising 😁
Interesting that only the $VWCE is being lowered, the $VWRL remains at 0.22% TER.

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Kai Nehr@Webda

1Wk

@MoneyISnotREAL sure? I don't see any differentiation on the part of Vanguard. Or have I overlooked something?

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Julian@MoneyISnotREAL

1Wk

@Webda The table lists the FTSE All-World without differentiating between accumulating/distributing. If you click on the ETF, the homepage of $VWCE appears

If the cost reductions also affect $VWRL, I would welcome that. Ultimately, however, it hardly makes a difference with the few crumbs that are invested in it.

0,03% ... For €10,000, that's a cost saving of €3. But, €3 more to generate returns and over the years that's also a small contribution to hopefully more wealth 🤗

So instead of the typical German whining, why so little. Be happy that it is being lowered and not as our politicians like to do: raise prices and taxes 🫡

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Kai Nehr@Webda

1Wk

@MoneyISnotREAL Could be so. However, it is also possible that only the accumulating variant is the default jump. You can switch between the two variants on the page. Be that as it may, we'll soon see.

Of course, we can and must welcome the price reduction.

However, they will not have lowered prices voluntarily, but because of price pressure in the market environment (see, for example, Invesco's FTSE all world).

Nevertheless, an abstract example:
If a bread roll costs €10 at the bakery (extremely expensive) and is then reduced to €8 (still very expensive) you can continue to criticize the baker's high prices. Especially if other bakers sell the rolls for ~€1...

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View all 2 further answers

TotallyLost@TotallyLost

1Wk

🎉ヽ༼ ʘ̚ل͜ʘ̚༼◕_◕༽◉_◔ ༽ﾉ🎉

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Nova@Nova_portfolio

1Wk

Every bit helps 🤷🏻‍♀️

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HyperX@AxoWallStreet

1Wk

Still ~13% cheaper 😅

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Kai Nehr@Webda

1Wk

A step in the right direction. Nevertheless, it is actually a ridiculously small reduction. If you consider that Invesco charges a lower TER for the same product despite a significantly lower fund volume, Vanguard is still expensive despite the reduction.

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