Different flavours of the FTSE GLOBAL ALL CAP - VWRL.(L|P|Z|AM)?

[mickyd1961]

There are 4 options for VWRL on my SIPP and I am not sure which is the best option for me.

FUND
TICKER
SECTOR

VANGUARD FUNDS PLC FTSE ALL-WORLD UCITS ETF USD DIS
VWRL.L
MISCELLANEOUS UNCLASSIFIED

VANGUARD INVESTMENT SERIES FTSE ALL WORLD ETF INC NAV
VWRL.P
NON EQUITY INVESTMENT INSTRUMENTS

VANGUARD INVESTMENT SERIES FTSE ALL-WORLD ETF USD(CHF)
VWRL.Z
NON EQUITY INVESTMENT INSTRUMENTS

VANGUARD FUNDS PLC VANGUARD FTSE ALL-WORLD ETF
VWRL.AM
NON EQUITY INVESTMENT INSTRUMENTS

If I understand at all correctly:

• .L is distributing but in USD (which the US government would withhold some as tax?)
• .Z is in CHF
• .AM (accumulating?)
• .P (Net Asset Value included, so like accumulating?)

I am not sure why .L is listed as a different sector. It seems that I should go for .AM or .P?

Thanks in advance for any advice

 

[resjudicata]

@mickyd1961 Also note that these are the FTSE All-World ETF.

The FTSE All-Cap fund you mention in the title is different. It has a different constitution of shares and is not an ETF.

 

[resjudicata]

@mickyd1961 It looks largely similar. Just doesn't have small-cap companies.

If the issue is just the availability of that particular fund you could get that ETF and then Vanguard's Global Small Cap Fund for about 5% of your portfolio.
Or use HSBC's All-World Index Fund which is basically the same as that ETF (e.g. global including emerging markets), but only costs 0.18% rather than 0.25%. Doesn't sound much, but that's 28% cheaper.

If it's that you can't invest in funds at all (which would be weird), you could add this for the small-cap element:

http://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P00011EX4

 

[mickyd1961]

@resjudicata !thanks

 

[uriel_1]

@mickyd1961 Essentially, the same fund is traded on different stock markets.

VWRL.L is traded on the London Stock Exchange, VWRL.Z is traded in Zurich, VWRL.AM is traded in Amsterdam that kind of thing.

If you get the ISIN for each one, you can find out more details.

 

[mickyd1961]

@uriel_1 ah ok, and P is NYSE?

 

[uriel_1]

@mickyd1961 Yes (although depends who’s asking as certain news services use other indicators!).