If you don't currently own any funds with Vanguard or if you are buying into a fund for the first time.
*For Trusts & SIPPs, accounts are required to be registered in the name of the Trustees. Where the Trustees are individuals, please complete the individual application form. For Corporate Trustees, please complete the Corporate application form.
Fax: 0844 620 0002
Vanguard Investments UK, Ltd
PO Box 10315
Chelmsford
CM99 2AT
Important information
Your initial deals will be processed at the purchase price calculated at the fund's next valuation point following receipt of your application.Where your application is received after the fund's deal cut-off, the following business day's price will be applied. You may be asked to provide additional documentation to satisfy Anti-Money Laundering requirements.
Payment should be made for the total cost of your investment, net of any bank charges, and transferred electronically to the bank account illustrated in our payment details form.
Your bank may charge an electronic transfer or handling fee. The full subscription amount must be received on the second business day after the trade date (this is referred to as T+2).
If you would like to purchase, exchange or redeem shares in Vanguard exchange-traded funds (ETFs) only.
ETFs trade on the stock market just like company shares and are listed on most of the large stockbroking platforms.
Find out more about our ETF range.
Please contact your stockbroker regarding investing.
The London Stock Exchange maintains a directory of UK stockbrokers which you might find useful.
For any questions regarding our ETFs, please contact our Client Services team on:
Telephone: +44 (0) 20 3753 4305 or UK freephone: 0800 032 3731
Email: uk_client_services@vanguard.co.uk
For any trading-related questions, please contact our Capital Markets team on:
Telephone: +44 (0) 20 3753 6989
Email: capitalmarkets@vanguard.co.uk
Management of Vanguard's UK and Ireland domiciled funds is delegated to three Vanguard investment entities: Vanguard Global Advisers LLC (VGA), Vanguard Asset Management Ltd. (VAM), Vanguard Investments Australia Ltd. (VIA), which are all subsidiaries of the parent company The Vanguard Group Inc. (VGI)
Furthermore, certain funds are delegated to external sub-advisers, who are overseen by Vanguard’s Oversight & Manager Search team.
Please refer to the fund product pages for further details.
For our European clients, Vanguard’s business model is centred on providing a broad array of low cost investment funds and exchange traded funds ("ETFs") through our European domiciled UCITS products. In addition, the Alternative Investment Fund Managers Directive ("AIFMD"), which entered into force throughout the European Union on 22 July 2013, limits the ability to market U.S. domiciled funds and US domiciled ETFs in the European Economic Area ("EEA"). In order to comply with the AIFMD Vanguard does not market Vanguard’s U.S. domiciled funds or U.S. domiciled ETFs to investors in the EEA.
Please note that this does not mean that U.S. domiciled funds or U.S. domiciled ETFs are "unsuitable" products for investors in the EEA. The AIFMD does not prevent an investor in the EEA from investing in Vanguard U.S. domiciled funds and/or U.S. domiciled ETFs on their own initiative (for example, through a broker or an exchange).
We will continue to provide you with the same high level of client service from our London office. The implementation of the Alternative Investment Fund Managers Directive ("AIFMD") does not affect investments acquired in Vanguard’s U.S. domiciled funds or U.S. domiciled ETFs before 22 July 2013. You will be able to continue to top-up your existing investments and purchase shares in additional Vanguard U.S. domiciled funds and/or U.S. domiciled ETFs where this is solely at your own initiative. The AIFMD has, however, required us to make certain procedural changes in respect of account opening, additional investments and redemptions. Further information can be provided by our Client Services Team.
Vanguard chooses each index that our passively managed funds will track based on how accurately the index tracks the returns of the designated market segment. We use major market indices which have been developed by long-established index providers.
When you invest with any fund manager, you will have to pay a number of charges. These include an Annual Management Charge (known as the AMC) which covers the fund manager's own costs of managing the fund over the year.
However, with most managers you will also typically pay additional running costs. These are likely to include administration fees, audit fees (where an independent auditor checks that all accounts are fair and honest), custody fees (the cost of holding securities in a secure and legal manner) and other operational expenses. The AMC and these additional running costs make up the fund's OCF.
Our approach is different as we pay all running costs out of our AMC, therefore we expect that our AMC will be the same as our OCF. This helps us to be more transparent and gives you a better understanding of the cost of your investment.
Will your OCF/Annual Management Charges (AMCs) change?We may revise our OCF/AMC from time to time where the total costs of administering the fund change.