Thursday, 20 June 2013

VHYL.L Purchased

Having seen all my investment portfolio gains wiped out in the last 2 weeks and then some, i've decided to treat the sharp market pull back as a buying opportunity.

Vanguard UK has recently launched a new low cost global high dividend ETF, a perfect fit for my investment portfolio and almost certainly something i will add to over time.

It ticks many boxes on my shopping list, including:
Low cost - at 0.29% this is well below comparative ETFs provided by the likes of iShares
Exposure to the US - with around a 33% weighting to the US, this plugs the most obvious geographic gap in my portfolio
High diversification - according to the factsheet, this ETF has just over 1000 stocks, the most i've seen in this sort of product
High yield - at around 4%, this is a good yield for a globally diverse fund. The PE (around 13) is reasonable too.

My entry price was just over GBP30, close to the lows since this was launched in May.

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