Another Vanguard FTSE All-World Fee Cut!

[00:00:00]Some more positive fee cutting news which we  always love to see and this one is a big one is a fee cut on the most popular global ETF in terms  of assets under management for us as UK investors is Vanguard's Footsie All World maybe better known  as VWRL and VWRP for the income and accumulation versions. Let me quickly give you the information  and then we'll go into more details on why this is so good. So firstly, this is the official Vanguard  UK website and you can see changes to our funds upcoming changes. It shows the Vanguard Footsie or  World um where is it? Date of notice 21st of July.

[00:00:37]So by the time this goes up, this would have  been yesterday. You can see down here they're actually changing the fee on the Footsie World.  Oh, previously 0.19% and now 0.14%. You might have already recall at the end of 2025, I believe  it was, the fee on this fell from 0.22 22 to 0.19 and now it's gone down even further to 0.14. You  can actually see this change is happening very soon. So it's happening on the 28th of July  2026. So in less than a week by the time this video comes out. If I actually go to the Footsie  Allorld um ETF fund page on Vanguard's website, you'll see they've got an upcoming changes to  this fund little sign in yellow. And if you click the hyperlink here, it will take you back to that  article I was just on. But down here you can see there's over or nearly $50 billion in the fund.  So from a quick back of the envelope calc it will save us as investors in total around 25 million  pounds or I guess dollars in annual ongoing fees which is great. The FT also released an article  on this. Vanguard reduces fees on global ETF and it essentially goes through the same thing. It's  going to save you know 27 million a year roughly as it says it's one of the most popular fund  choices. I think it still is the biggest global ETF for us as UK investors. And I guess why did  this happen? Really? Because there's been a lot of pressure from other fund providers and fund  managers. Extraers now have a 0.07% Footsie or World, which is still cheaper. Eyessshares also  have a new Footsie or World for 0.12% which is still cheaper. But I guess by having this fee  cut from 0.19 to 0.14% even though of course they are such small marginal differences that headline  number is what a lot of investors like us look at.

[00:02:21]So it will make this VWRP or VWRL Vanguard Footsie  Allorld ETF a lot more competitive. Interestingly it's actually undercut the Invesco Footsie All  World just which charges 0.15%. So I wonder if they are going to respond and have another fee  cut. Honestly, all these fee wars are just great for us as investors, particularly myself who loves  global index funds and ETFs. The fees just keep coming down almost every few months as either  a newer fund that's cheaper or an existing fund as a fee cut. So, it's honestly great to see.  And actually, speaking of those other funds, I've got this global index fund cheat sheet, which  I've circulated now probably for 6 months or so.

[00:02:58]I'll link it down below if you want to give it  a read. But you can actually see there's so many and I'll need to update this now. So, a bit more  work for me, but there's actually so many funds.

[00:03:06]If I go to truly global funds, you can see how  low some of these fees are. Now, Vanguard's one, as I mentioned, is now 0.14%. So, that's going  to come in at third place, but I do still need to add in the Extraers fund and also the Eyesshares  fund. But overall, there's now a wealth of options available to us as UK investors who want to  invest into a lowcost global ETF. And even though Vanguard have got a bad rap and myself I've made  videos on this because of their high platform fees relatively speaking and high fund fees relatively  speaking and that is relatively speaking to other UK competitors and also particularly the Vanguard  US operation. It's great that seemingly every few months they're bringing down fees. So of course  I really hope the Footsie Global All Cap Mutual Fund B comes down from 0.23%. That'd be unreal.  And they introduced the Footsie Global All Cap ETF at the same time. That would be a double  whammy of absolute greatness. Of course, that's all unconfirmed, so we'll see what happened. But  ultimately, it's great that these fees have come down. I actually invest into this fund myself um  in some of my general investment accounts. I know a lot of people I speak to still like to VWRP  and chill as we like to say because ultimately Vanguard still are probably the biggest and the  best brand name. This VWRP fund or VWRL fund has been around for so long. It's got the largest  track record. It always has very low spreads, a very low tracking difference. So even though  a lot of people do look at the headline ongoing charge figure when picking an ETF, there often  are other sometimes more important things to look at which sometimes people overlook despite  Vanguard having been slightly higher fee. They were always sort of gold standard with a lot of  those other factors I mentioned, but now they are right in and amongst it. And yeah, it's great to  see the fee coming down. I mean, realistically, if you plug in, you know, 0.07% 07% for PACW  W and even 0.2% for SSAC, both global funds, and compound that over 30 to 40 years, it really  will still have such a small marginal difference.

[00:05:02]But of course, I know the lower the fees, the more  money compounded in your pocket, the better. So, it's great to see. And as a Vanguard fan myself,  I've been using them since 2018. I'm really glad that they're becoming more competitive on their  fund fees. If they could also reverse the platform fee changes or maybe bring those down to 0.1%.  That would also be great. I'll put that in the suggestion box. And that is really it. A very  short video. I'll flash back up this upcoming fund changes um article back on screen again.  I'll also link that down below and all the other things I've mentioned in this video. But a  0.05% fee cut which is great. It's coming in on the 28th of July 2026. And as it says, you don't  need to do anything. When it comes to fund fees, they're taken automatically by the fund anyway.  You'll never see that cash leave your bank account or current account, but this will automatically be  applied from the 28th of July. So, your fund fees will be lower going forward. That wraps up this  one. I'll also link this global index fund cheat sheet down below. I will need a bit of time to  update it with the fee changes and some new funds to add in. But, there's still some other helpful  stuff about how to use this, why invest globally, how the different indices actually break  down and what's included in them. So, I'll link that down below. But a massive thank  you for watching. I will keep the updates coming as well on this channel when there's new changes  in platforms or funds, particularly global funds and ETFs because if you don't already know,  I do have quite a love for them. A bit sad, I know. But yeah, I'll leave that video there.  Thanks for watching and I'll see you in the next