Selling VWRL as VWRD as vice versa

Investing / Portfolios
#1

Hello everybody,

I’m new to investing. When I looked at the ETF recommended by this site “VWRL” I found out that it is listed under this ticker in CHF (SIX), EUR (AMS), and GBP (LSE).

Since the ETF is distributing its dividends in USD I was looking into buying the same ETF in USD to save on some exchange rate costs on the small sums I will get from the dividends in the beginning, and the fact that time in the market beats timing the market, means I will have to buy quartertly.

According to this sheet on vanguard, it is listed in USD on LSE under the ticker “VWRD”. But a quick try on IB showed that I cannot sell VWRL positions on LSE in USD.

Does that mean that IB treats the same ETF by ISIN differently by ticker symbol?

Looking forward to your inputs.

#2

Hi ado,

there are different tickers traded on different exchanges and different currencies for the same base instrument. afaik you can’t exchange between them directly.

What I do is to buy vwrl (chf, swiss exchange) for my base investments and vwrd (usd, london exchange) for divident payments and other stuff I have in USD.

From a risk/investment point it doesn’t really matter if I have 5 VWRD and 20 VWRL or if I would have 25 VWRL.

#3

Hi tarioch,

thanks for your reply!

That seems like a good option. The only problem I could see is that VWRD can only be sold in USD again, and only on a single exchange, but it reduces the problem of needing to buy many small amounts of EUR/CHF/GBP at high cost in order to reinvest.

#4

Hi Tarioch

I am also new to investing and maybe you could help me please.

If I invested CHF 1’000 this year in the ETF “Vanguard FTSE All-World UCITS ETF Distributing” on the Amsterdam Stock Exchange, for my tax return, should I declare the CHF 1’000 invested as part of my assets? What would I be taxed on? Dividends?

Thank you in advance for your help

Nicolas

#5

You will be able to choose vwrl from the list of stocks in your tax software. You will have to specify the dates of transaction s (buy/sell). Dividends should then show up automatically.

1 Like
#6

Just buy accumulating VWRA, with dividends automatically reinvested within the fund.
Problem solved.