Which? Recommended Provider
“I wish I could have invested with Vanguard years ago”
Learn moreLow ongoing costs
0.20% on average
Choose from our wide range of index funds, active funds, ETFs and ready-made portfolio funds
One low account fee
0.15% of your investments
Capped at £375 per year for accounts over £250,000
Can be subject to change. Please refer to Vanguard costs and charges (self-managed service).
There is an additional management fee for clients of our managed service. Please refer to Vanguard full costs and charges (managed service).
Our fees are changing on 31 January 2025
Find out moreHow much will I pay to invest with Vanguard?
Here's an example...
If you invest a £20,000 lump sum in LifeStrategy® 60% Equity Fund. We estimate it'll cost you £84 per year to invest with us*
*This is just an estimate – to keep things simple, we didn't include any investment growth.
Your total cost of investing
How much you’ll pay to invest with us is made up of three main parts. You’ll only pay our management fee if we choose and manage your investments for you as part of our managed service.
Fund management costs
This fee covers our management of the fund you invest in. It pays for day-to-day management costs and admin expenses
In managing a fund we need to buy and sell shares or bonds, which means we have to pay things like dealing costs and taxes. We keep these costs as low as possible by using our size and experience, but it'll still affect the return you get from a fund
When you invest in a Vanguard ETF you'll incur a one-off cost due to something called the "bid-offer spread". This is because an ETF trades like a share in that there is an offer price (the price you can buy an ETF for) and a bid price (the price you sell the ETF for). The difference between the bid and the offer price is called "the spread".
Account fee
This fee covers the costs of running our online service, customer support team and keeping your investments secure. You only pay one account fee, even if you have more than one account with us. For example, if you have a Stocks and Shares ISA and a General Account. The fee is based on the overall value of the investments held in your Vanguard accounts.
Management fee (for our managed service only)
This fee covers the costs of our team of investment experts, for monitoring your investments and for changing your mix of shares and bonds when needed.
Understanding how you’ll pay
How do I pay fund management costs?
You won't see these taken from your account. They're automatically taken from the fund and are factored into the return you get.
How do I pay the account fee?
There are three ways you can pay – you can set up a Direct Debit, top up your account with cash using a debit card, or if there's no cash in your account we can sell some of your investments to cover it. The fee is payable every 3 months.
How do I pay the management fee?
You’ll only pay this if we choose and manage your investments for you as part of our managed service. The account fee and the management fee will be deducted as one account fee. The account fee portion is capped at £375 per year.
Our fees are changing on 31 January 2025
Find out moreFees and charges at a glance
Here's a list of what you'll pay when you invest with us. No hidden charges, no nasty surprises.
Account fees | £0 to £250,000 invested | Over £250,000 invested |
|---|---|---|
Account fees | 0.15% per year | £375 per year |
Transferring out | No charge | No charge |
Switching funds | No charge | No charge |
Withdrawing money | No charge | No charge |
Closing your account | No charge | No charge |
Fund management costs | Ready-made portfolios | Individual funds |
|---|---|---|
Ongoing costs (including OCF) | 0.22% to 0.24% | 0.06% to 0.78% |
Fund transaction costs | 0.02% to 0.07% | 0.01% to 0.69% |
Fund entry charge | No charge | No charge |
Fund exit charge | No charge | No charge |
Performance fees | No charge | No charge |
Service fee | No charge |
Additional ETF costs | Exchange traded funds |
|---|---|
One-off costs | 0.02% to 0.32% |
Quote and deal service (optional) | £7.50 per trade |
Last updated 5 November 2024
Can be subject to change. Please refer to Vanguard costs and charges (self-managed service).
There is an additional management fee for clients of our managed service. Please refer to Vanguard full costs and charges (managed service).
Small numbers can make a big difference
Even a small difference in fees could have a huge impact on your future wealth. Especially in the long term, through the effects of compounding. Lower fees mean you keep more of your returns.