There are differences in your current client experience at LINK and the client experience you will have on the Vanguard Personal Investor platform outlined in the table below.

Vanguard Personal Investor platform comparison of LINK client experience table

Vanguard Personal Investor platform

Institutional servicing at LINK

Design for

Investors who invest for themselves or as part of a tax-efficient structure such as a trust or private company.

Large corporate entities who manage investments on behalf of others (public offer super funds*, managed investment schemes, platforms etc)

*not SMSFs

Experience

Vanguard Online portal

- view holdings & transactions,

- access statements

- full online transacting

Vanguard Institutional Portal

- view holdings & transactions

- access statements/correspondence

Statement & Reporting

- Real-time notifications after all transactions and distributions

- Quarterly consolidated statements showing transactions & distributions

- Annual consolidated tax statements

- Transaction confirmations after each transaction

- Monthly transaction statements

- Monthly or quarterly distribution statements (depends on distribution frequency of the fund)

- Annual AMMA tax statement

Investment menu

Access to Vanguard Personal Investor investment menu comprising:

- Vanguard Wholesale funds - available

- Vanguard ETFs - available

- Selected ASX shares - available

- Vanguard Wholesale funds available subject to meeting eligibility criteria

- Vanguard ETFs – not available

- Selected ASX shares – not available

Transacting

Invest in anything on the Investment Menu subject to meeting minimum trade thresholds:

Ad-hoc investments

Step 1: Transfer funds to your Vanguard Cash Account:

Direct Credit (20 mins)*

BPAY (1-2 business days)

Direct Debit (1-2 business days)

Step 2: Invest (same day if submitted before 1pm)

Recurring investments:

Auto Invest (replacement for recurring BPAY functionality – consolidates the funding and investment steps & can be set to recur periodically)

*direct credit transfers made during trading hours will generally settle within 15-20 minutes.

BPAY: not available
Cheque: not available
Direct credit only plus
Additional Investment form by post to confirm which account/investment funds relate to
or
Calastone Global Trading Platform digital instruction*

*Eligibility criteria to join the Calastone Global Trading Platform is determined by Calastone, not Vanguard. It is primarily used by institutions such as custodians, platforms and large asset managers and is generally not available to retail investors.

Fees & Costs

Vanguard funds

- Applicable fund management fees & costs

- Applicable fund spreads

- Platform brokerage: N/a (applies to listed only)

- Platform account fee: Nil

Vanguard ETFs:

- Applicable ETF management fees & costs

- Platform brokerage ($0 on buys/$9 on sells)

- Platform account fee: Nil

Direct Shares:

- Platform brokerage ($9 on buys/$9 on sells)

- Platform account fee: 0.10%p.a.

Vanguard funds

- Applicable fund management fees & costs

- Applicable fund spreads

Client Service contact points

Vanguard Client Services: 1300 655 101

Secure message through Vanguard Online portal

LINK Client Services: 1300 655 102

Vanguard: institutional@vanguard.com.au