Why did this index fund jump almost 20,000% in 2017?
Personal Finance & Money Asked by LondonAppDev on May 1, 2021
I am looking at Vanguard Pacific ex-Japan Stock Index Fund GBP Dist (0P0000KM1Z.L) on Yahoo Finance.
Between 2017-12-24 and 2017-12-31 it jumped from £200 to £20,376.
What would have caused such a sharp increase?
One Answer
From The Financial Times quote page
It would seem to me the Yahoo data went bad for some reason. It's quoting pence instead of pounds?
To confirm, I went right to Vanguard and saw -
Which confirms the FT quoting. So, to the 2 comments, yes, bad data, confirmed by 2 sources.
Correct answer by JTP - Apologise to Monica on May 1, 2021
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