Vanguard Personal Investor - Investor Guide Part A With Supplement
Vanguard Personal InvestorSupplementary Investor GuideDated: 30 September 2022Issued by: Vanguard Investments Australia Ltd(Vanguard), ABN 72 072 881 086, AFS Licence 227263as operator of Vanguard Personal Investor, whichis an investor directed portfolio service (IDPS).About this documentThis Supplementary Investor Guide (SupplementaryGuide) is issued by Vanguard Investments AustraliaLtd (Vanguard) ABN 72 072 881 086, AFS Licence227263. This Supplementary Guide dated 30 September2022 updates the Vanguard Personal Investor Guide(Investor Guide) dated 29 August 2022.This Supplementary Guide is to be read together withthe Investor Guide dated 29 August 2022 and any othersupplementary disclosure documents applicable to you.Words and expressions defined in the Investor Guidehave the same meaning in this Supplementary Guide.Except to the extent amended by this SupplementaryGuide or updated on our website, the Investor Guideremains in full force.
On page 16 of the Part A – Investor Guide:The section titled “Fees and costs” is replacedas follows.Fees and other costsDID YOU KNOW?Small differences in both investmentperformance and fees and costs can havea substantial impact on your long-termreturns. For example, total annual feesand costs of 2% of your account balancerather than 1% could reduce your finalreturn by up to 20% over a 30-year period(for example reduce it from 100,000to 80,000).This section shows fees and other costs thatyou may be charged. These fees and costs maybe deducted from your money, from the returnson your investment or from the assets in yourVanguard Personal Investor Account.Taxes are set out in the Statement of AdditionalInformation.You should read all the information aboutfees and costs because it is important tounderstand their impact on your investment.Fees and costs for particular investmentoptions are set out in the PDS or otherdisclosure document for that investment.You should consider whether featuressuch as superior investment performanceor the provision of better memberservices justify higher fees and costs.You may be able to negotiate topay lower fees. Ask the fund or yourfinancial adviser.TO FIND OUT MOREIf you would like to find out more, or seethe impact of the fees based on your owncircumstances, the Australian Securitiesand Investments Commission (ASIC)Moneysmart website (www.moneysmart.gov.au) has a managed funds feecalculator to help you check out differentfee options.Vanguard Personal Investor Supplementary Investor Guide2
Fees and costs summaryVanguard Personal InvestorTYPE OF FEE OR COSTAMOUNTHOW AND WHEN PAIDOngoing annual fees and costsManagement fees and costsThe fees and costs for managingyour investmentThe fees and costs charged by VanguardPersonal Investor: relate only to gaining access to theinvestment options through theplatform; and does not include the fees and coststhat relate to investing in theinvestment optionsAccount Fee:Vanguard ManagedFunds, Vanguard ETFsand Vanguard CashAccount: Nil.All other investments:0.10% p.a. of the valueof your investment inthe option(s).Indirect CashManagement Fee:The Indirect CashManagement Feeranges between 0.00%and 1.50% p.a.1There is no Account Fee on the value of Vanguard ManagedFunds, Vanguard ETFs and Vanguard Cash Account balance.An Account Fee of 0.10% p.a. is calculated daily on the value ofyour account balance excluding your Vanguard Managed Funds,Vanguard ETFs and Vanguard Cash Account balance. Thisfee is deducted quarterly in arrears from your Vanguard CashAccount. At the date of this Supplementary Guide, the only“other investments” available are ASX-listed direct shares.The Indirect Cash Management Fee is the difference betweenthe amount of interest earned on the pooled cash held in theomnibus accounts at our authorised deposit-taking institutionand the interest we credit to your Vanguard Cash Account.This amount is calculated daily on the value of your VanguardCash Account balance and is received monthly by Vanguardbefore the Cash Account Interest Rate to investors is declared.It is not a fee that is deducted from your account.Performance feesAmounts deducted from your investmentin relation to the performance ofVanguard Personal InvestorTransaction costs2The costs incurred by Vanguard PersonalInvestor when buying or selling assetsNilNot applicableVanguardManaged Funds: N/ATransaction costs (brokerage fees) are deducted from yourVanguard Cash Account as and when they are incurred.Vanguard ETFs &Direct Shares:A flat 9.00 brokeragefee applies to all ETFand share trades.Member activity related fees and costs (fees for services or when your money moves in or out of Vanguard Personal Investor)Establishment feeThe fee to open your investmentNilNot applicableContribution feeThe fee on each amount contributed toyour investmentNilNot applicableBuy-sell spread3An amount deducted from yourinvestment representing costsincurred in transactions by VanguardPersonal InvestorNilNot applicableContinued next pageVanguard Personal Investor Supplementary Investor Guide3
Vanguard Personal Investor (cont.)TYPE OF FEE OR COSTAMOUNTHOW AND WHEN PAIDMember activity related fees and costs (fees for services or when your money moves in or out of Vanguard Personal Investor) – cont.Withdrawal feeThe fee on each amount you take out ofyour investmentNilNot applicableExit feeThe fee to close your investmentNilNot applicableSwitching feeThe fee for changing investment optionsNilNot applicable1 The Indirect Cash Management Fee ranges between 0.00% and 1.50% p.a. This fee may change. The current Interest Rate and IndirectCash Management Fee is published on our website in the Vanguard Cash Account Interest Rate notice. Please refer to the ‘Indirect CashManagement Fee’ section under the heading ‘Additional explanation of fees and costs’ for further information.2 Other transaction costs may apply and will depend on the investment options you choose. Please refer to the PDS or other disclosuredocuments for the investment option for further details.3 We do not charge a buy-sell spread on your Vanguard Personal Investor Account, however you may incur costs for the investment options youchoose. Please refer to the PDS or other disclosure documents for the investment option for further details.The total fees and costs payable by an investorwill include the costs of holding a VanguardPersonal Investor Account as well as fees andcosts of any investments chosen by you.The fees and costs of the investments chosenby you will generally be set out in the PDS orother disclosure document for the investment.It is important that you understand the feesand costs of any investment chosen by you, andthat those fees and costs will be in additionto the fees charged by us for your VanguardPersonal Investor Account, together withtransaction costs incurred on your behalf.Vanguard Personal Investor Supplementary Investor Guide4
Examples of annual fees and costs for a Vanguard Personal InvestorAccount (excluding fees and costs of the investment option)This table gives an example of how the ongoing annual fees and costs in a balanced investmentoption held in your Vanguard Personal Investor Account can affect your investment over a 1-yearperiod. You should use this table to compare this product with other investor directed portfolioservices.EXAMPLE—VANGUARD BALANCED INDEX FUNDContribution FeesPLUSManagement fees and costsNilAccount Fee: Nil.BALANCE OF 50,000 WITH A CONTRIBUTIONOF 5,000 DURING YEAR*For every additional 5,000 you put in,you will be charged 0And, for every 50,000 you have in the Vanguardbalanced Index Fund you will be charged or have deductedfrom your investment 7.502 each yearIndirect Cash Management Fee:ranges between 0.00% and1.50% p.a.1 on Vanguard CashAccount balance.PLUS Performance feesNilAnd, you will be charged or have deducted from yourinvestment 0 in performance fees each yearPLUS Transaction costs2 0And, you will be charged or have deducted from yourinvestment 0 in transaction costsEQUALS Cost of VanguardBalanced Index FundIf you had an investment of 50,000 at the beginning of theyear and you put in an additional 5,000 during that year, youwould be charged fees and costs of: 7.502What it costs you will depend on the investment option youchoose and the fees you negotiate.3* The amounts of 50,000 and 5,000 are prescribed by legislation for use in this example. The example assumes the 50,000 is invested for the full year, the value of the investment is consistent over the year and the additional 5,000 isinvested at the end of the year, and therefore management fees and costs are associated with the initial 50,000 only.The dollar amount varies due to rounding. The example also assumes a Vanguard Cash Account balance of 500, with thebalance of 49,500 invested in the Vanguard Balanced Index Fund. The assumption is on the basis that investors can beexpected to normally maintain a cash balance in their Cash Account to cover the Account Fee and any applicable brokerage,however there is no required minimum balance.1. The Indirect Cash Management Fee ranges between 0.00% and 1.50% p.a. Changes to the Indirect Cash Management Feeare published in the Cash Account Interest Rate notice available on the website. The example assumes an Indirect CashManagement Fee of 1.50% p.a. for illustration purposes.2. The example only shows the fees and costs that relate to accessing investments using Vanguard Personal Investor and doesnot include the fees and costs of the investment options, such as management fees and costs, transaction costs and buysell spreads. Please refer to the PDS or other disclosure documents for the investment option for further details. Refer tothe following examples that illustrate the combined effect of the fees and costs.3. You cannot negotiate to pay lower fees on Vanguard Personal Investor.Vanguard Personal Investor Supplementary Investor Guide5
The fees and costs charged by VanguardPersonal Investor relate to the platform andaccess to investment options only, and donot include the fees and costs that relateto investing in the managed funds, ETFsand direct shares that are available throughVanguard Personal Investor. Additional feesand costs will be charged by the issuers ofthe managed funds, ETFs and direct shares inwhich you decide to invest.The following examples show the combinedeffect of the fees and costs for VanguardPersonal Investor and the fees and costsfor a managed fund, ETF or direct sharethat is available through Vanguard PersonalInvestor. These examples are for illustrativepurposes only.Example A: Example of total annual fees and costs for a mixed 50,000 portfoliowith a contribution of 5,000 during the year*This table gives an example of how the ongoing annual fees and costs for a rangeof investment options held in your Vanguard Personal Investor Account can affectyour investment over a 1-year period. You should use this table to compare this productwith other investor directed portfolio services.This example assumes an investment of 50,000 in a portfolio* comprised of: 500 Vanguard Cash Account 20,000 Vanguard Australian Shares Index Fund 20,000 Vanguard Diversified Growth ETF 9,500 Direct SharesEXAMPLE A — MIXED PORTFOLIOCALCULATIONFEE AMOUNTManagement fees and costsAccount fee on Vanguard investments and Vanguard Cash AccountNil x 40,500 0.00 Account fee on all other investments (including direct shares)0.10% x 9,500 9.50 Indirect cash management fee (Vanguard Cash Account)1.50%1 x 500 7.50 Management fees and costs of Vanguard Australian Shares Index Fund0.16% x 20,000 32.00 Management fees and costs of Vanguard Diversified Growth ETF0.27%2 x 20,000 54.00 Management fees and costs of Direct SharesN/A2N/A 103.00Performance feesNil 0.00Transaction costsTransaction costs of the Vanguard Cash AccountN/AN/A Transaction costs of Vanguard Australian Shares Index Fund0.00% x 20,000 0.00 Transaction costs of Vanguard Diversified Growth ETF0.00% x 20,000A flat brokerage fee applies to allETF trades4 0.00 9.004 Transaction costs of Direct SharesA flat brokerage fee applies to allDirect Share trades4 9.00433 18.00Table continued over pageVanguard Personal Investor Supplementary Investor Guide6
EXAMPLE A — MIXED PORTFOLIOCALCULATIONFEE AMOUNTEQUALS Cost of portfolioIf you had an investment of 50,000 at the beginning of theyear invested in the portfolio outlined above and you put inan additional 5,000 during that year, you would be chargedfees and costs of: 121.00 p.a.What it costs you will depend on the investment option youchoose and the fees you negotiate.5This represents 0.22% of the total price of 55,000you paid to acquire the investments through VanguardPersonal Investor.* The example assumes the 50,000 is invested for the full year, the value of the investment is consistent over the year andthe additional 5,000 is invested at the end of the year, and therefore management fees and costs and transaction costsare associated with the initial 50,000 only. The dollar amount varies due to rounding.The example also assumes a Vanguard Cash Account balance of 500, with the balance of 49,500 invested. Theassumption is on the basis that investors can be expected to normally maintain a balance in the Vanguard Cash Account tocover the Account Fee and any applicable brokerage, however there is no required minimum balance. Additional fees mayapply, such as a buy spread on acquiring an investment in a managed fund, or a sell spread on withdrawing from a fund.1. The Indirect Cash Management Fee ranges between 0.00% and 1.50% p.a. Changes to the Indirect Cash Management Feeare published in the Vanguard Cash Account Interest Rate notice available on the website. The example assumes an IndirectCash Management Fee of 1.50% p.a. for illustration purposes.2. These are the management fees and costs for these investment options at the date of this Supplementary Guide and maychange. Please refer to the PDS or other disclosure documents for the investment options for further details.3. These are the transaction costs for these investment options as at the date of this Supplementary Guide and may change.Please refer to the PDS or other disclosure documents for the investment options for further details.4. A flat 9.00 brokerage fee applies to all ETF and Direct Share trades. If you acquire ETF units or Direct Shares in multipletransactions, you will be charged a brokerage fee for each trade.5. You cannot negotiate to pay lower fees on Vanguard Personal Investor.Vanguard Personal Investor Supplementary Investor Guide7
Example B: Example of total annual fees and costs for a mixed 50,000 portfoliowith a contribution of 5,000 during the year*This table gives an example of how the ongoing annual fees and costs for a rangeof investment options held in your Vanguard Personal Investor Account can affectyour investment over a 1-year period. You should use this table to compare this productwith other investor directed portfolio services.This example assumes an investment of 50,000 in a portfolio* comprised of: 500 Vanguard Cash Account 24,750 Vanguard Australian Shares Index ETF 24,750 Direct SharesEXAMPLE B — MIXED PORTFOLIOCALCULATIONFEE AMOUNTManagement fees and costsAccount fee on Vanguard investments and Vanguard Cash AccountNil x 25,250 0.00 Account fee on all other investments (including direct shares)0.10% x 24,750 24.75 Indirect cash management fee (Vanguard Cash Account)1.50%1 x 500 Management fees and costs of Vanguard Australian Shares Index ETF0.10%2 x 24,750 Management fees and costs of Direct SharesN/A 7.50 24.75N/A 57.00Performance feesNil 0.00Transaction costsTransaction costs of the Vanguard Cash AccountN/AN/A Transaction costs of Vanguard Australian Shares Index ETF0.00%3 x 24,750A flat brokerage fee applies to allETF trades4 0.00 9.004 Transaction costs of Direct SharesA flat brokerage fee applies to allDirect Share trades4 9.004 18.00EQUALS Cost of portfolioIf you had an investment of 50,000 at the beginning ofthe year invested in the portfolio outlined above and youput in an additional 5,000 during that year, you would becharged fees and costs of: 75.00 p.a.What it costs you will depend on the investment optionyou choose and the fees you negotiate.5This represents 0.22% of the total price of 55,000you paid to acquire the investments through VanguardPersonal Investor.* The example assumes the 50,000 is invested for the full year, the value of the investment is consistent over the year andthe additional 5,000 is invested at the end of the year, and therefore management fees and costs and transaction costsare associated with the initial 50,000 only. The dollar amount varies due to rounding.The example also assumes a Vanguard Cash Account balance of 500, with the balance of 49,500 invested. Theassumption is on the basis that investors can be expected to normally maintain a balance in the Vanguard Cash Account tocover the Account Fee and any applicable brokerage, however there is no required minimum balance. Additional fees mayapply, such as a buy spread on acquiring an investment in a managed fund, or a sell spread on withdrawing from a fund.Notes continued over page.Vanguard Personal Investor Supplementary Investor Guide8
Notes to previous example table.1. The Indirect Cash Management Fee ranges between 0.00% and 1.50% p.a. Changes to the Indirect Cash Management Feeare published in the Vanguard Cash Account Interest Rate notice available on the website. The example assumes an IndirectCash Management Fee of 1.50% p.a. for illustration purposes.2. These are the management fees and costs for these investment options at the date of this Supplementary Guide and maychange. Please refer to the PDS or other disclosure documents for the investment options for further details.3. These are the transaction costs for these investment options as at the date of this Supplementary Guide and may change.Please refer to the PDS or other disclosure documents for the investment options for further details.4. A flat 9.00 brokerage fee applies to all ETF and Direct Share trades. If you acquire ETF units or Direct Shares in multipletransactions, you will be charged a brokerage fee for each trade.5. You cannot negotiate to pay lower fees on Vanguard Personal Investor.Vanguard Personal Investor Supplementary Investor Guide9
Additional explanation of fees and costsAccount FeeThe Account Fee only applies to nonVanguard investments (currently, directlyheld ASX listed shares) and is charged byVanguard for performing the functionsas operator of Vanguard Personal Investor,including reporting, custodialand settlement services.The Account Fee does not include anyexpense incurred in acquiring or disposingof investments on your behalf such asbrokerage fees for trading ETFs or directshares. The Account Fee applies for any periodyou hold non-Vanguard investments in yourVanguard Personal Investor Account.If you have insufficient money in yourVanguard Cash Account to pay your AccountFee, we will ask you to top up your VanguardCash Account or we may sell your investmentsto pay for the fee. Please refer to the InvestorGuide for further details.Indirect Cash Management FeeAll amounts in your Vanguard Cash Account areheld in the omnibus accounts at our authoriseddeposit-taking institution. For the currentinterest rate, please refer to the Cash AccountInterest Rate document on our website.The Indirect Cash Management Fee is thedifference between the amount of interestearned on the pooled cash held in the omnibusaccounts at our authorised deposit-takinginstitution and the interest we credit toyour Vanguard Cash Account. This amountis calculated daily on the value of depositsheld in the omnibus account and is receivedmonthly by Vanguard before the VanguardCash Account Interest Rate to investors isdeclared. It is not a fee that is de ducted fromyour account.Further information on the operation of yourVanguard Cash Account can be found in thesection ‘Your Vanguard Cash Account’ in theInvestor Guide.Vanguard Personal Investor Supplementary Investor GuideFees and costs of investmentsManaged funds and ETFs are managed andoperated by fund managers that chargefees and other costs for the managementand administration of those products. Theinvestment returns of each product are netof fees and other costs (including indirectcosts). Some fund managers may be entitledto performance fees in addition to theirmanagement fee. The method for calculatingthe performance fees varies between themanaged funds and the details are included inthe PDS or other disclosure document of therelevant managed fund.Unlisted managed funds may charge investorsan estimate of the transaction costs thatthe fund will incur to buy or sell its underlyingassets. This buy/sell spread is incorporated intothe price paid to purchase or sell units and theamount of the spread accrues to the fund.For further information regarding the fees andother costs for each managed fund, refer tothe PDS or other disclosure document for therelevant managed fund or ETF.Transaction costs deducted from your VanguardPersonal Investor AccountTransaction costs payable in respect of ETFsand directly held ASX listed shares acquiredthrough Vanguard Personal Investor are thebrokerage fees paid at the time of purchase orsale. They are added to the buy or sell value ofany order for ETFs or direct shares. The totalamount is deducted from your Vanguard CashAccount at the time of purchase or sale.There are no transaction costs charged inrespect of depositing or withdrawing moneyin your Vanguard Cash Account or buying orselling managed funds accessed via VanguardPersonal Investor.Transaction costs are an additional cost to youif you trade in ETFs or direct shares, and arenot recovered under a buy/sell spread as thereis no buy/sell spread charged in respect ofVanguard Personal Investor.10
The table below summarises the transaction costs applicable in respect of VanguardPersonal Investor.TRANSACTION COSTSFEE AMOUNTDeposit into or withdraw money from your Vanguard Cash AccountNilBuy or sell units in managed fundsNilBrokerage on buying or selling direct shares or ETF units, including Vanguard ETFsTransaction costs of investment optionsTransaction costs arise from trading activityto execute the investment strategy for amanaged fund or ETF such as settlement andclearing costs, and which are not the result ofinvestors buying or selling units in the managedfund or ETF, are incurred at the time the fundundertakes the trading activity and included inthe fund’s unit price.Such indirect transaction costs are notdeducted from your Vanguard PersonalInvestor Account, but they are additionalcosts of investing. Further information ontransaction costs for each managed fund andETF available through Vanguard PersonalInvestor is provided in the PDS or otherdisclosure document for the relevant managedfund or ETF.Goods and Services Tax (GST)All the fees and costs described in this InvestorGuide are inclusive of any GST and net of anyreduced input tax credits (RITCs) that may beclaimed, stated at the current rate chargedunder the A New Tax System (Goods andServices Tax) Act 1999.If at any time in the future the AustralianGovernment changes the rate of GST, thefees and costs deducted from your accountmay change.Charging fees and costsWe may recover fees, costs, charges andexpenses in relation to your account andinvestments held in your Vanguard PersonalInvestor Account from your Vanguard CashAccount, set off these amounts against anyamounts payable by us to you, or sell downVanguard Personal Investor Supplementary Investor Guide 9.00 flat fee per trade.any of your assets to meet these amounts.We may also terminate your IDPS contractor suspend your use of Vanguard PersonalInvestor if any fees, costs, charges andexpenses remain unpaid.Changes to fees and costsWe reserve the right to change our fees at anytime or introduce new fees. We will give you atleast 30 days written notice prior to increasingany fee or introducing new fees.Reduced Account FeesAt Vanguard’s discretion, we may chargea reduced Account Fee to certain investors.Adviser feesAdditional fees may be paid or payable byyou to a financial adviser. Please refer to therelevant Statement of Advice provided by yourfinancial adviser for information about feespayable to your financial adviser.Tax informationPlease see the Statement of AdditionalInformation for information about taxmatters relating to your investments. The taxinformation is provided for general informationonly and is not intended to provide anexhaustive or definitive statement as to all thepossible tax outcomes for investors. Vanguarddoes not provide tax advice. As each investor’scircumstances are different, we recommendyou seek professional taxation advice from atax adviser appropriate to your circumstancesprior to joining Vanguard Personal Investor.11
Vanguard PersonalInvestor GuidePart A – Investor GuideDated 29 August 2022
ContentsAbout this Guide1Overview3Key features and benefits4Investment Options10Investing through Vanguard Personal Investor12Risks of investing14Fees and costs16Communications about your Vanguard Personal Investor Account24How to apply25Connect with Vanguard26
About this GuideThis Guide dated 29 August 2022 is anInvestor Directed Portfolio Service (IDPS)Guide for Vanguard Personal Investor, issuedby Vanguard Investments Australia Ltd(Vanguard), ABN 72 072 881 086, AFS Licence227263 as Operator. Vanguard PersonalInvestor is an Investor Directed PortfolioService (IDPS).What is this Guide for?This Guide (the Guide) provides you withimportant information which you should knowbefore investing with Vanguard PersonalInvestor. It sets out the key features andbenefits of investing through VanguardPersonal Investor, the risks involved, theassociated costs, the tax implications and theTerms and Conditions of becoming an investor.The Guide is made up of the following documentswhich should be read together: Vanguard Personal Investor Guide Part A –Investor Guide (this document). Vanguard Personal Investor Guide Part B –Statement of Additional Information(including Terms and Conditions).Other important documentsThere are additional documents you shouldread to help you make an informed investmentdecision regarding Vanguard Personal Investor.These documents are available free of chargeon our website at www.vanguard.com.au/personal, including: Vanguard Personal Investor – InvestmentMenu which list out the investment optionsavailable through Vanguard PersonalInvestor. Product Disclosure Statements (PDS ordisclosure documents) for each investmentoption that is a managed fund or exchangetraded fund (ETF). Vanguard’s Financial Services Guide(FSG), which contains important informationregarding who we are, how we operate, whichVanguard Personal Investor Guide – As at 29 August 2022financial products and services we offerto investors and our internal and externaldispute resolution process. The Target Market Determination (TMD)for Vanguard Personal Investor, which includesa description of who Vanguard PersonalInvestor is appropriate for.Changes to information in this GuideInformation in this Guide is current as of theissue date and may change from time to time.Where the changes are not materially adverseto investors, the information may be updatedon our website at www.vanguard.com.au/personal. A paper copy of any updatedinformation is available for investors free ofcharge upon request by contacting us.All dollar amounts are in Australian dollarsunless otherwise indicated. This Guide doesnot constitute an offer or invitation in anyjurisdiction other than Australia or to anyoneto whom it would not be lawful to make suchan offer.None of The Vanguard Group, Inc. or anyof their related entities (including VanguardInvestments Australia Ltd), directors or officersguarantee the repayment of capital or theperformance of your investments.General advice warningInformation contained in this guideis general information only and does not takeinto consideration your personal objectives,financial situation or needs. You should readthe relevant Product Disclosure Statementsfor each investment option (where applicable)and consider seeking advice from a licencedfinancial adviser before making an investmentdecision. A copy of the Target MarketDeterminations (TMD) for Vanguard's financialproducts can be obtained at vanguard.com.aufree of charge, which includes a description ofwho the financial product is appropriate for.You should refer to the TMD of the productbefore making any investment decisions.1
Contact details for VanguardPersonal InvestorYour contract with usRegistered office:Level 13130 Lonsdale StreetMelbourne VIC 3000By opening a Vanguard PersonalInvestor Account and accepting the Termsand Conditions, you offer to enter intoa contract with Vanguard. A contract isformed when we accept your application.Postal addressVanguard Personal InvestorGPO Box 1837Melbourne VIC 3001Your rights and obligations as a client ofVanguard Personal Investor and our rightsand obligations as operator of VanguardPersonal Investor are governed by:OtherSecure message via Vanguard OnlineContact phone number: 1300 655 101Website: www.vanguard.com.au/personalAFS Licence detailsVanguard holds an Australian FinancialServices Licence (AFS Licence 227263), whichauthorises us to act as the operator ofVanguard Personal Investor. The Deed Poll for Vanguard PersonalInvestor, which is the document signedby Vanguard to establish and set out therules of Vanguard Personal Investor; The terms of the contract between youand Vanguard (the IDPS Contract), whichare set out in:— the online account application form; and— the Terms and Conditions set out in theStatement of Additional Information.You are bound by the terms of the Deed Polland the IDPS Contract when we accept yourappli
Account Fee: Vanguard Managed Funds, Vanguard ETFs and Vanguard Cash Account: Nil. All other investments: 0.10% p.a. of the value of your investment in the option(s). There is no Account Fee on the value of Vanguard Managed Funds, Vanguard ETFs and Vanguard Cash Account balance. An Account Fee of 0.10% p.a. is calculated daily on the value of
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Vanguard Investments Australia Ltd ABN 72 072 881 086 AFSL 227 263 (Vanguard, we, us or our), the responsible entity of the Funds. Vanguard Manager Select Series ARSN ABN APIR Vanguard Active Global Growth Fund 632 655 577 16 465 809 772 VAN0722AU Vanguard Active Emerging Market Equity Fund 632 655 675 13 359 821 400 VAN0221AU
Providing an annual plan audit by a CPA. Swarthmore College. . Horizons TIAA Real Estate TIAA‐CREF . Vanguard Target Retirement 2025 Vanguard Target Retirement 2030 Vanguard Target Retirement 2035 Vanguard Target Retirement 2040 Vanguard Target Retirement 2045 Vanguard Target Retirement 2050
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The Vanguard FTSE Asia ex Japan Shares Index ETF is a separate class of units in the Vanguard Asia ex Japan Shares Index Fund ARSN 606 451 110. The Vanguard MSCI Index International Shares (Hedged) ETF is a separate class of units in the Vanguard Global Shares Index Fund (Hedged) ARSN 165 786 989.
Vanguard Target Retirement 2040 Fund 2038 and 2042 Vanguard Target Retirement 2035 Fund 2033 and 2037 . 7.0 Vanguard Total Bond Market II Index Fund Investor Shares 2.9 Vanguard Total International Bond Index Fund Invest
Vanguard Target Retirement 2050 Target Date 107,445,530 6.6% 0.055% 3,751 . Vanguard Target Retire 2050 Trust Plus Vanguard Target Retire 2055 Trust Plus Vanguard Target Retire 2060 Trust Plus Aggressive Vanguard Target Retire 2065 Trust Plus
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