Vanguard Personal Investor Account
Low account fees
No account fee on holdings in Vanguard managed funds and Vanguard ETFs.
0.10% p.a. account fee on ASX direct shares
An account fee of 0.10% p.a. applies to the value of any investments you have in ASX direct shares.2
Competitive brokerage fees
to buy or sell Vanguard managed funds.
No brokerage fees
to buy Vanguard ETFs. A competitive $9 flat brokerage fee to sell.
$9 flat brokerage fee on ASX direct shares
Applies per trade at the time of buy or sell.
1. Investment management fees continue to apply to managed funds and exchange traded funds. View fees for each investment option.
2. This is calculated daily and deducted quarterly in arrears.
Please refer to the Vanguard Personal Investor – Investor Guide for information on interest retained on the Vanguard Cash Account.
What does this mean for me?
If you made a one-off investment of $10,000 in a Vanguard diversified managed fund or ETF, your costs per year would be:
The above calculation is for illustration purposes only and does not include potential investment returns. There may be other transactional and operational costs in the investment options you select. Please refer to the relevant PDS.
* Vanguard ETF sale trades incur a $9 flat brokerage fee.
^ The investment management fee is current as at 18 May 2023. This may change in future.
$200 minimum investment amount
Invest directly with Vanguard with as little as $200 and access a wide range of low-cost Vanguard managed funds and Vanguard exchange traded funds (ETFs).
Minimum initial investment | Minimum additional investment | Auto Invest | |
---|---|---|---|
Vanguard managed funds | $500 | No minimum | $200 per cycle |
Vanguard ETFs | $500 | $500 | $200 per cycle |
ASX direct shares | $500 | $500 | N/A |

We don't charge you to open or close your account.
Type of fee or cost |
Amount |
Account Fees |
|
Vanguard managed funds |
Nil |
Vanguard ETFs |
Nil |
ASX direct shares |
0.10% p.a. |
The account fee of 0.10% p.a. is calculated daily on the value of any investments you hold in ASX direct shares. |
|
Brokerage Fees |
|
Vanguard managed funds |
Nil |
Vanguard ETFs |
$0 on purchases $9 flat rate on sales |
ASX direct shares |
$9 flat rate on purchases $9 flat rate on sales |
Deposit and withdrawal fees |
Nil |
Investment management costs |
Management fees vary for each investment option. To view the investment management fees, please refer to the relevant investment product page. |
Interest retained on the Vanguard Cash Account |
Please refer to the Vanguard Personal Investor – Investor Guide for more details. |
Other transactional and operational costs may apply. For more information on fees and costs, please refer to the Vanguard Personal Investor - Investor Guide.
You should read the Vanguard Personal Investor – Investor Guide and Target Market Determination (TMD) to decide if the product is right for you. It's also important for you to read the product disclosure documents (PDS) for the investments you select which explain our products in detail, including investment objectives, structure, benefits, risks, fees and costs, and the TMD for each investment you select, which describes the investors for whom the product would likely be consistent with their objectives, financial situation and needs (the "target market").