Investing on IBKR - is fx required for VWRL ?

S

Sjs

New member
Good morning,
First, thanks for your amazing research work, it has rekindled my interest in managing my own investments, the information and support are great!
My question: I have opened an IBKR account and transferred CHF. I plan to invest in VWRL. It is listed 3x : in EUR, GBP and CHF but not USD (that I can see). Any reason not to simply opt for the CHF listing? Will it then convert directly as the ETF is USD based ?
Thanks and my apologies if the question has already been answered.
Sjs
 
Hi Sjs

I am glad my work has been useful :)

If you want the US dollar version, there is VWRD which is exactly the same but another trading currency.

In all cases, the underlying currency is USD (it's the same ETF in all four cases).

If you buy the CHF version, you will see CHF in your portfolio. When you buy, the conversion is done automatically before reaching the fund, you do not have anything to do.

If you want to see USD in your portfolio, then you can use the USD version but you will indeed have to a conversion (which is extremely cheap).
 
Sjs said:
Good morning,
First, thanks for your amazing research work, it has rekindled my interest in managing my own investments, the information and support are great!
My question: I have opened an IBKR account and transferred CHF. I plan to invest in VWRL. It is listed 3x : in EUR, GBP and CHF but not USD (that I can see). Any reason not to simply opt for the CHF listing? Will it then convert directly as the ETF is USD based ?
Thanks and my apologies if the question has already been answered.
Sjs
Click to expand...
This is very helpful to know since I am also setting up my IBKR account with CHF. It is good to hear that the automatic currency conversion works smoothly without manual steps.
 
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Sorry to join in, following Baptiste's answer I am wondering what is the best thing to do. In my situation, I still have some € to put in IBKR as well as some CHF. Should I convert everything to $ and invest in the ETFs or having everything in CHF?
Sorry for the beginner question, and thanks for your help!
 
KrKAlex said:
Sorry to join in, following Baptiste's answer I am wondering what is the best thing to do. In my situation, I still have some € to put in IBKR as well as some CHF. Should I convert everything to $ and invest in the ETFs or having everything in CHF?
Sorry for the beginner question, and thanks for your help!
Click to expand...
If you are going to buy an ETF in USD an amount below 6500 USD, you can do an automated conversion, meaning you simply buy the ETF in USD even though you only have other currencies.

If you are not going to use EUR anyway, you might as well convert it indeed.
 
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