Vanguard s&p 500 etf - PRSA

lawred2

Want to invest in vanguard s&p 500 via a prsa.

Is this possible? If it is, who can do this at the lowest end cost to me?

Also what happens with any dividends? Are they reinvested? Or am I responsible for reinvesting?

You can do it through Davy.... http://www.davyselect.ie/binaries/content/assets/davyselect/pdfs/davy-select_prsa_factsheet.pdf

http://www.davyselect.ie/binaries/content/assets/davyselect/pdfs/execution-only-fees-charges.pdf#page=5

0.75% Annual charge for any number of transactions, subject to overseas
charges for non-Irish / non-UK listed instruments..... the Vanguard one you speak of is on the London Stock exchange so no overseas charges.

As well as the Davy 0.75% Annual charge, there's the 0.07% ETF Annual Management Charge. You will indeed have to do whatever you fancy with the quarterly dividend. The dividend will just land into your pension account.

The iShares Core S&P 500 UCITS ETF (USD) ETF isn't dividend paying but that listed on the SWISS EXCHANGE so you'll have overseas charges. Annual management fee is same as the Vanguard one but overseas charges are best avoided really as they do mount up.

lawred2

Augeo wrote: »

You can do it through Davy.... http://www.davyselect.ie/binaries/content/assets/davyselect/pdfs/davy-select_prsa_factsheet.pdf

http://www.davyselect.ie/binaries/content/assets/davyselect/pdfs/execution-only-fees-charges.pdf#page=5

0.75% Annual charge for any number of transactions, subject to overseas
charges for non-Irish / non-UK listed instruments..... the Vanguard one you speak of is on the London Stock exchange so no overseas charges.

As well as the Davy 0.75% Annual charge, there's the 0.07% ETF Annual Management Charge. You will indeed have to do whatever you fancy with the quarterly dividend. The dividend will just land into your pension account.

The iShares Core S&P 500 UCITS ETF (USD) ETF isn't dividend paying but that listed on the SWISS EXCHANGE so you'll have overseas charges. Annual management fee is same as the Vanguard one but overseas charges are best avoided really as they do mount up.

Thanks a lot.

Is the dividend reckonable for tax if it's paid into a pension account?

Is 0.82% as good as it gets?

lawred2

lawred2 wrote: »

Thanks a lot.

Is the dividend reckonable for tax if it's paid into a pension account?

Nope, well not PAYE etc. Dividends in pension accounts are treated similarly to the growth.

lawred2 wrote: »

Is 0.82% as good as it gets?

In a pension I think so but I've never looked exhaustively at what's available tbh.

Presumably you intend to diversify beyond the S&P500, having all your eggs in that basket though not too bad a strategy may not be for the fainthearted if you plan on retiring in € land as well as contributing in €.

slystallone

Can anyone tell me the difference between these 4 ETFs?

Supercell

https://www.boards.ie/discussion/2057646139/vanguard-s-p-500-etf-prsa

I have a Davy PRSA, the ETF you want is VUSA, if you would like to get the equivalent of QQQ go for EQQQ.L

Dividends are paid to your cash account balance and dont need to be declared as income as this is an AVC.

Davy doesn't charge for buying UK or Irish shares/ETF's , they do charge an arm and a leg for other exchanges.

There is no deemed disposal or need to file CGT for share purchases wrapped in a AVC PRSA

However you will need to claim tax back if your company doesn't pay directly into the PRSA itself for you.

I do this annually, Davy automatically sends you a pdf monthly which shows payments received to it which i just join together with my monthly payslips to demonstrate that i am not getting relief at source for the AVC.