UnclePhilip wrote:Having decided to buy Vanguard funds through iWeb, I now find myself very confused, and hope someone can help me....
On the Vanguard site the funds are identified by their "Index Ticker", eg TAWNT01U;
https://www.vanguardinvestor.co.uk/inve ... _fund_linkbut on iWeb there is a "Fund code", eg VRXXA which is quite different
The link you provide is to Vanguard's
FTSE All-World ETF which, as others have pointed out, can be traded using the TIDM
VWRL.
The "Index Ticker" TAWNT01U is
not for the ETF but is actually the Bloomberg ticker for the
FTSE All-World Index itself.
VRXXA is the MEXID for the Vanguard's
FTSE Global All Cap Index Fund, which is an OEIC.
ETFs are traded on the stock market and with IWeb to trade one you just use the normal mechanism for buying any UK shares, i.e. you click on "Deal Now" and under the
UK tab you stick the TIDM (e.g. VWRL) into the "
company code" field and click
Verify, etc.
To trade a fund (OEIC or UT) on IWeb you instead use the
Funds tab and then either select the fund you want from the lists or enter the "
fund code", which can be any of the ISIN, SEDOL or MEXID.
Unfortunately the
http://www.vanguardinvestor.co.uk site appears to be geared towards investors with Vanguard accounts who will just click their "Invest Now" button to buy their ETFs/funds directly, and so doesn't appear to bother to list any of the fund codes. However, you can find them on the "adviser" pages, e.g.
https://www.vanguard.co.uk/adviser/adv/ ... ode=EQUITY