Dividends from Funds paid in Pound or Dollars?

[DelianLeague]

Greetings All,

I expect this question has been asked before but I would appreciate some help if possible.
Is there a similar cheap passive fund to Vanguard All World High Div Yield ETF (VHYL) available within the UK that distributes the dividends in Sterling, thus avoiding the FX fee from our Brokers?

Or, a similar question, put another way:
Does anyone know of a higher yielding index fund similar to the Vanguard Global All Cap Index (OEIC)?

Many Thanks, D.L.

[scotia]

Have you looked at Vanguard Global Equity Income (an OEIC) ? Its historic yield is 3.53%

[DelianLeague]

Thanks for your reply,

I must of missed the fund that you have suggested because I was looking for a passive fund and also the charge is a little high.

If the charge was lower then it would have been pretty much what I am looking for. I will have to think about this one.

Many thanks.

[DrFfybes]

I must of missed the fund that you have suggested because I was looking for a passive fund and also the charge is a little high.

If the charge was lower then it would have been pretty much what I am looking for. I will have to think about this one.

Being an Active fund, the charges will be higher, but are still pretty modest. I reckon the exchange fees on the Dividend Income will be less than the extra management fee on the Active fund, but you are open to currency fluctuations as well. And have to work out the applicable exchange rate on payment date for your tax returns - not the end of the world but a bit of a faff. And you need to check ERI on VHYL.

Paul

[seldomrite]

I own VHYL through Vanguardinvestor.co.uk and through iWeb. Dividends are paid in GBP.