Thanks. Are you sure the cost of the fund is higher because it’s a fund and not an ETF like VT? The platform fee seems strange, but I wonder if other companies collect that fee somewhere else?
There are no practical differences between funds and ETFs in the UK, except the fact that the latter are live quoted.
Mutual funds are cheap and have no tax disadvantages for us. In fact, outside of tax sheltered accounts, mutual funds are a lot easier to manage for tax purposes.
No, Vanguard just think it's fine to charge us 4x as much
Mutual funds are cheap and have no tax disadvantages for us. In fact, outside of tax sheltered accounts, mutual funds are a lot easier to manage for tax purposes.
No, Vanguard just think it's fine to charge us 4x as much
VWRP, which I mentioned, is also an ETF