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$0 Brokerage When Buying Vanguard ETFs (Save $9) @ Vanguard Personal Investor

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$0 Brokerage When Buying Vanguard ETFs (Save $9) @ Vanguard Personal Investor
Go to Deal
financialminimalism on 28/10/2022 - 18:38 vanguard.com.au (3012 clicks)
Last edited 28/10/2022 - 18:44 by 1 other user
Received this one via email. Looks like a permanent removal of "buy" side brokerage fees when buying vanguard ETFs at Vanguard Personal Investor platform. Saving $9 per buy trade. Sell trade still exists for $9. Pretty good!

We’ve got some exciting news to share!

As part of our ongoing commitment to lower your investment costs and make it easier to invest, we’ve removed the $9 brokerage fee for buying Vanguard exchange traded funds through the Vanguard Personal Investor platform.

This means you’ll pay no brokerage when you buy Vanguard ETFs, regardless of how often you invest, and how much money you invest each time.
Here’s a summary of our updated brokerage fees

Product Buy Sell
Vanguard ETFs $0 $9
Vanguard managed funds $0 $0
ASX direct shares $9 $9

Saving small amounts on costs can make a big difference to your investment returns over the long term. We keep our costs low so you can keep more of your returns.

Financial Brokerage Exchange Traded Fund

Related Stores

Vanguard Australia
Vanguard Australia

Comments

    • Dsiee on 28/10/2022 - 20:51
      +2

      It is way cheaper and not a part of commbank. I will change over this weekend from commsec to this.

  • frogduck on 28/10/2022 - 20:24
    +2

    Just FYI, this was offered previously, then they raised it to $9, and it's back to $0. Don't know when they'll raise it again!

  • bargainatoraah on 28/10/2022 - 20:30
    +6

    CMC has free Aussie share brokerage $1k per day

    • vinnychase on 28/10/2022 - 21:57
      +1

      slightly misleading. Free to Buy.
      All sell orders incur $11.00 or 0.10%
      *Brokerage is the greater of the dollar value or the percentage amount shown.

  • izkai67 on 28/10/2022 - 20:47

    buy ETF at superhero is free, buy as frequent as you want, then transfer ETF to chess sponsor broker like stake, selfwealth, it cost $5 per stock..

    • gopiatweb on 29/10/2022 - 10:28
      +1

      I dont think you can transfer from a non-chess sponsored broker like superhero to a chess sponsored broker like selfwealth just like that, because of the custodian model that the former follows. The opposite is allowed though. Pretty confident, but happy to be corrected!

      • izkai67 on 29/10/2022 - 17:35
        +1

        I ve done it twice, so yes it can be done, I bought ETF $0 fee free several times for few months then pay $5 fee per stock transferred to stake.

      • PeeDee on 18/12/2023 - 10:24

        Even if you can't, you can always transfer back into your bank acc and place into a chess sponsored one.

  • ruskiromka on 28/10/2022 - 20:53
    +3

    CMC has $0 CHESS sponsored (up till $1000 per buy per day). Stake is $3 and CHESS sponsored. I prefer both options to this. Edit: also you can buy literally any ETF including VTS and VEU which ironically are not covered by this deal.

    • StarPlatinum on 29/10/2022 - 08:35
      +1

      Plus Stake currently has a 0 dollar brokerage for a year deal when you transfer 1k over to them

    • Stopback on 02/11/2022 - 14:41

      CMC has $0 CHESS sponsored (up till $1000 per buy per day)

      Yes but for how long?

  • JelIyfish on 28/10/2022 - 21:26

    Glad I’ve got a wholesale account. Lower MER and no transaction fees. If you’ve got one, hang onto it.

    • bargainatoraah on 28/10/2022 - 22:16
      +2

      How to get?

      • JelIyfish on 29/10/2022 - 07:10

        They stopped new applications a couple of years ago.

  • T-man on 28/10/2022 - 21:35

    It's better to buy land and start a farm

  • tommynolips on 28/10/2022 - 22:16
    +3

    I personally prefer to "roll my own" instead of going all into VDHG

    30% VAS (Aus Market)
    30% IVE (International markets excluding US)
    30% IVV (US Market)
    10% VGE (Emerging markets)

    I decided on this approach quite a few years ago now and I can't really remember why/how I landed on it (instead of throwing everything into VDHG) - anyway, it's served me well so far so I'll keep it up

    • Charlie Dont Surf on 29/10/2022 - 11:20

      Maybe because VDHG has bonds in it and you wanted stocks only? The main downside of the DIY approach is that it does not auto rebalance. A little more admin burden too.

  • PeeDee on 28/10/2022 - 23:38

    Does anyone know how long this deal usually goes for?

    • muncan on 29/10/2022 - 12:27
      -1

      Yes

  • BargainBragster on 29/10/2022 - 00:27

    Does anyone know if Vanguard have stock transfer out or portfolio transfer fees? I had really bad experience with Tiger broker. Signed up during the free AAPL stock deal, and now they are asking $50/stock transfer out fees for each ASX stock to move over to stake.

    • oadvdotcom on 29/10/2022 - 06:21

      just sell it

    • Grado on 01/11/2022 - 13:37
      +2

      No fees when I transferred out in December.

  • payless69 on 29/10/2022 - 05:37
    -3

    So they say!
    But still got charged $9.00
    Refund promised.
    over 40 mails later refund is still outstanding.
    Bot in place to prevent negging.

    • SBOB on 29/10/2022 - 06:49
      +1

      Bot in place to prevent negging.

      What are you talking/rambling about…..

      • payless69 on 29/10/2022 - 08:08

        Bots!
        ah well there is google to look it up

        • SBOB on 29/10/2022 - 08:23

          You're the one claiming a bot is preventing you from negging
          So, you're a bot or controlled by a bot?

          • payless69 on 29/10/2022 - 11:29

            @SBOB: nah any media company does brainwash in their favour!

            • SBOB on 29/10/2022 - 11:50

              @payless69: We've gone full circle as
              What are you talking/rambling about…..
              applies again….

              I'm still confused how you think bots are preventing you from negative voting posts, or what users here posting deals are actually bots.

  • Neem on 29/10/2022 - 06:48
    +2

    No auto investment in ETF according to their page https://www.vanguard.com.au/personal/support/frequently-aske…

  • fr33loader on 29/10/2022 - 08:26
    +2

    Just note that they are not CHESS.
    Man, I wish nabtrade would lessen their brokerage…

  • Guinglain on 29/10/2022 - 08:46
    +5

    I would avoid buying Vanguard from Vanguard.
    The Etfs are great, but the agony of terrible customer service isn't worth it.

    There was one year they messed up a tax return because they left out a dividend calculation.
    The amount of time it took to sort out cost way more than the dollar savings, and I closed my account right after.

    I recommend buying Vanguard, just not from Vanguard.

  • HKB on 29/10/2022 - 10:36

    What are people’s thoughts on BetaShares? I thought that all category ETF’s do the same thing so therefore you choose the one with lower fees. So A200 would be a better investment than VAS.

    • Charlie Dont Surf on 29/10/2022 - 11:30
      +2

      I have an investment in A200. The "advantage" of VAS is that it covers the largest 300 Australian stocks, while A200 covers just the top 200. So VAS gives you that bit of extra coverage in the small-to-mid cap sector. But as you noted, the MER is higher - 0.1% vs 0.07%. Performance over the long term should be very close.

    • ruskiromka on 29/10/2022 - 22:05
      +1

      VAS, A200 and IOZ have almost identical performance. VAS has tighter bid/ask spreads so it's probably the winner.

  • onceupon8 on 29/10/2022 - 13:31

    This deal doesn’t seem as good as Stake. Stake is Chess sponsored and has a promotion of 10 free trades per month for a year when you transfer from another broker. And the usual price is just $3 per trade.

    • financialminimalism on 30/10/2022 - 09:46
      +1

      $0 feels cheaper than $3?
      If you're buying Vanguard from Vanguard what good is Chess?

      • ruskiromka on 03/11/2022 - 21:07

        Slight correction, you are buying units in a Vanguard ETF using Vanguard as a broker, but you are buying them from panicked mum and dad investors trying to unload them.

        • financialminimalism on 05/11/2022 - 12:46

          You’re buying them through vanguard as a broker. Who previously held the ETF is irrelevant as your exposure to them is nil.

  • wildfly on 01/11/2022 - 17:52

    Not CHESS sponsored.

    • Scantu on 02/11/2022 - 17:35

      Nor is interactive brokers and they are definitely a company that noone trusts or uses /s

  • payless69 on 22/11/2022 - 10:12

    I fell for this hoax!
    Sent money to them on a promise of no fee.

    Promise not kept.
    Now got another clumsy login to deal with, some money stuck with no interest!

    This bbs prevents me from fully disclosing the truth!

    • SBOB on 25/11/2022 - 12:50

      This bbs prevents me from fully disclosing the truth!

      I don't think it does….

      • payless69 on 25/11/2022 - 13:30

        Ah well I just transfer them!

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