UCITS ETFs

General
1

Any timeline on when UCITS ETFs be available on Vested?

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2

@Viral @PAAVAN_Axis_744 Please help advise

3

Is there an update for this?

4

Thanks for the question!

UCITS ETFs are not available on Vested yet, but this is something the team is actively exploring as part of expanding our global investment offerings.

For now, you can access 50+ global funds on Vested, and we’re working towards significantly expanding the product universe going forward.

UCITS ETFs are expected to be available on Vested in the next 1–2 quarters, and we’ll definitely share an update with the community as soon as there’s more to announce. Stay tuned!

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5

Ok thanks for the update. Requesting to expedite this. As the portfolios become bigger and above $60,000, it adds the risk of estate tax if someone passes away. Ireland domiciled UCITs ETFs are great and avoids the risk of Estate Tax.
Global funds are all high expense ratio.

Currently UCITS ETFs are being offered on Interactive Brokers India platform, I hope they become available on Vested soon.

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6

@Vested_Team Please prioritise UCITS ETFs.

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7

@Amarnath_Quantum_185

Yes, we are actively working on this to make it available to all Vested Users. We will keep the community posted. Thank you.

Regards,
Samveg

8

Can you please help to share whats stopping vested from offering UCITS on its platform. The timeline given here of 1-2 quarters is clearly too long. Serious Indian investors aren’t going to wait for that long and silently move to IBKR. I hope you take this more seriously and urgently introduce Ireland domiciled UCITS on vested

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9

As a client of Vested, I think UCITS funds are available. UCITS ETFs aren’t available.

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10

Any expected date? There is no point in buying US domiciled assets if Estate Taxes are at stake. Global funds have very high expense ratio.

11

Dear Nilesh,

UCIT funds currently available on Vested are mostly domiciled in Luxembourg and have high expense ratio. Defeats the whole purpose of buying an UCIT to prevent estate tax exposure.

I would personally not recommend these funds to invest.

Not sure why UCIT ETFs can’t be introduced on this platform.

12

UCITS funds as well as UCITS ETFs are domiciled in Ireland or Luxembourg and aren’t traded in US exchanges. Besides, IBKR charges commission beginning at 0.05% (for LSE in Dollars) in comparison to 0.25% charged by Vested, but for investments and SIPs below $680, Vested works out to be cheaper. For this amount IBKR would charge $1.70 minimum (commission excluding 3rd party fees) as the UCITS ETFs would be traded on the London Stock Exchange in Dollars. For the same amount, Vested also charges $1.70 at 0.25%. However, for any amount below this Vested would be cheaper. I’ve not included Exchange and clearance fees charged by IBKR. Also, I’m comparing UCITS funds on Vested with UCITS ETFs on IBKR which isn’t an exact comparison. For investors who generally invest below 680USD at any single point, Vested is cheaper. Once Vested begins UCITS ETFs, we’ll be able to compare properly.

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13

Even if Vested is cheaper still it doesn’t make sense to risk your capital against US Estate Taxes.
I am using IBKR and happy to pay $1.70 fees for my investments but will no longer use Vested or any similar platforms until UCITS ETFs are launched. Till now I have not paid more than $1.70 including all charges by IBKR.