Instrument sheet
Vanguard FTSE All-World UCITS ETF USD (Acc)
IE00BK5BQT80ETFUCITS
Stock-exchange tax, on buying and on selling alike
% of the order amountPer-transaction ceiling: €4,000.00
Vanguard FTSE All-World UCITS ETF USD (Acc) is registered for public offering in Belgium (FSMA) and its share class accumulates. It is the two together that carry 1.32%.
What brokers apply
Brokers do not classify this instrument the same way, and the difference is about registration in Belgium: a broker that treats the fund as registered here applies 1.32% to an accumulating share class, one that does not applies 0.12%. If your statement shows a different rate, this is probably why.
- bolero: 1.32% (reported, not observed on a statement)
- degiro: 0.12% (reported, not observed on a statement)
What we have recorded
An ISIN encodes a country and an identifier, and nothing else. Everything below it is recorded by hand, row by row.
| Kind of instrument | ETF |
|---|---|
| UCITS, or an AIF recognised in the EEA | Yes |
| Share class | Accumulating |
| Registered for public offering in Belgium | Registered |
| Reynders tax scope (art. 19bis) | Not assessed |
| Domicile (ISIN prefix)Derived from the ISIN | IE |
| Tax bucket applied | ETFs registered in Belgium |
Reynders tax (art. 19bis)
When units in a fund investing more than 10% in debt claims are sold or redeemed, Belgium taxes the interest component of the gain — the fund's Belgian TIS — at 30%, and the 10% capital-gains tax then applies to the remainder.
Whether Vanguard FTSE All-World UCITS ETF USD (Acc) is in scope has not been assessed: neither its asset test nor, for a distributing class, its statutes have been read.
Where this comes from
- Belgian registration
- FSMA register, party 01829 'Vanguard Funds' (plc, Irish UCITS), listed under EEA UCITS effective 23/11/2015, with 'Vanguard Ftse All-World Ucits Etf' among its products. Checked 2026-08-05 at https://www.fsma.be/en/party/vanguard-funds. Registration attaches to the fund, so both share classes inherit it.
- Reynders scope (art. 19bis)
- Not assessed. Scope turns on the asset test (>10% in debt claims; 25% for lots acquired before 2018) plus, for a distributing class, the statutes' distribution wording — none of which has been read for this fund. Recorded Unknown on 2026-09-01 (WS-31 Phase 1); the factsheet's bond share and replication method, or the fund appearing on an issuer Belgian-TIS page, would settle it.
- How the row was built
- ISIN used throughout the WS-02 fixtures; checksum valid. Confirm the share class against the KID.
What brokers are recorded as charging on this ISIN
When two brokers charge different rates on the same fund, they are reading its Belgian registration differently. We record both rather than picking one.
| Broker | Recorded rate | Source |
|---|---|---|
| Bolero | 1.32%Reported, not observed · Reported | DOMAIN.md § 2 — reported, not observed on a statement. |
| DEGIRO | 0.12%Reported, not observed · Reporteddiffers from ours | DOMAIN.md § 2 — reported, not observed on a statement. |
What it costs on one order
Open the stock-exchange tax simulator with this ISIN already filled in.
Simulate an order on IE00BK5BQT80Frequently asked questions
- What stock-exchange tax applies to Vanguard FTSE All-World UCITS ETF USD (Acc)?
- We apply 1.32% of the order amount, on buying and on selling alike. The same rate applies in both directions: TOB is a tax, not a broker commission.
- Why this rate rather than another?
- For a fund, 1.32% requires two conditions at once: registration for public offering in Belgium (FSMA) and an accumulating share class. Miss either one and the rate falls to 0.12%. The reasoning applied to IE00BK5BQT80 is set out on this page, with its sources.
- Why does my statement show a different rate?
- Brokers do not all read Vanguard FTSE All-World UCITS ETF USD (Acc)'s Belgian registration the same way, and that difference of reading is worth a factor of eleven on the rate. The rate recorded at each broker is on this page; where they differ, your own statement is what counts.
- Has this classification been verified?
- It is sourced but not yet independently verified: nobody has checked this row against Vanguard FTSE All-World UCITS ETF USD (Acc)'s KID or against a real statement. The exact sources are cited on this page so that you can follow them.
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