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I don't understand half of what you've just written, I'm the very definition of dumb money.
In the App it just call "Vanguard S&P 500 (Dist)" its currently trading at £82.2548
I was hoping to just invest in an S&P 500 index fund, I've already fucked that up by buying into a world fund by mistake.
I should just go and buy some Game Stop and hope for the best..
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Vanguard S&P 500 (Dist)
that should be what you're expecting. I.e. it's their S&P 500 ETF and it distributes dividends (i.e. gives you the money) rather than reinvests (automatically buys more of the fund with the dividend)
You probably do want the one that reinvests - search for VUAG or Vanguard S&P 500 (Acc)
HousecatHST
seager
It wasn't the ETF, because that's trading at about eighty quid, and you can't buy fractional shares.
The US Equity Index Fund (VUSEIDA) is an OEIC, and claims to have no entry/exit fees. The minimum 1-off payment is listed as £500, but I think that's waived if you're doing it through a Vanguard ISA.
Do you know exactly what you bought?