1Sem.·
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21 Commentaires

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I'll stick with $FWRG 🫡
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@spellwan even lower TER
@Kieler_Jung hope the same thing doesn't happen to you as with amundi World etf, which they dissolved :)
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1Sem.
They have reduced the percentage of all other ETFs more than their cash cow. I wonder why? 🙄
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@Epi because they like cows?
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@Epi I thought $VHYL was the cash cow 🙈
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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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@SSIT they already were (I chose VEVE/VFEM over VWRL)
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@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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1Sem.
@SSIT Do not kill your cash cow! 😅
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@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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@MoneyISnotREAL sure? I don't see any differentiation on the part of Vanguard. Or have I overlooked something?
@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 🫡
@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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🎉ヽ༼ ʘ̚ل͜ʘ̚༼◕_◕༽◉_◔ ༽ノ🎉
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Every bit helps 🤷🏻‍♀️
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Still ~13% cheaper 😅
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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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