Skipo lets you invest in stocks from around the world in Chile through VTx (the tokenized version of the Vanguard Total World Stock ETF) with no fees, directly in pesos and starting at CLP 1,000, as a platform registered with the CMF. The purchase is done 100% from the app, with instant settlement, and VTx can be bought and sold 24 hours a day, Monday to Friday, even outside Wall Street hours.
What will we cover in this guide?
In this guide we explain what VTx is and how it lets you invest in thousands of companies around the world with a single instrument, why diversification and low cost make it popular for the long term, what it means to be able to trade it 24 hours a day Monday to Friday, the advantages of investing with Skipo compared with traditional brokers and funds in Chile and, at the end, the step-by-step process to invest from your phone. We also talk frankly about its risks and answer the most common questions, such as what VTx holds or what happens if you want to buy on the weekend.
What is VTx and how does it work?
VTx is the tokenized version of the Vanguard Total World Stock ETF (VT), a fund that invests in thousands of stocks from around the world with a single instrument. In Chile, Skipo lets you invest in VTx directly in pesos, with no fees and instant settlement, to get exposure to the global stock market without buying each company separately.
An ETF (exchange-traded fund) is a fund that trades on an exchange as if it were a stock. In this case, the Vanguard Total World Stock ETF tracks the FTSE Global All Cap Index, which brings together stocks from developed and emerging markets, including the United States. VTx brings that ETF to the blockchain (a digital network that records transactions securely and transparently): each token is backed 1:1 by a real share of the fund, held in custody in traditional markets.
The difference from investing the traditional way is access. Skipo offers VTx from your phone, in pesos, without opening accounts abroad or converting your money to dollars. It is one of the few platforms in the Chilean market that combines tokenized assets and cryptocurrencies in a single app, registered with the CMF.
VTx in numbers
The Vanguard Total World Stock ETF is one of the most diversified instruments there is: it invests in thousands of stocks from dozens of countries, tracking the FTSE Global All Cap Index, with an annual cost (expense ratio) of just 0.06%, according to Vanguard. In practice, with a single instrument you own a small piece of a large share of the world's listed companies.
Its performance reflects that of the global stock market. Historically, that market has tended to rise over the long term (Vanguard reports average returns of around 9%-10% a year over the last decade), but with bad years along the way: in a down year like 2022, the fund dropped around 18%. It is a reminder that, even when diversifying, investing in stocks means accepting market volatility.
Our view on investing in a global ETF
At Skipo we believe a fund like VTx is one of the most sensible ways to invest for the long term: instead of betting on a single company, you buy a small piece of thousands of companies around the world in one move and at a very low cost. It is the closest thing to "buying the whole world market." That said, it is still a stock investment: it can fall sharply in bad years, it does not guarantee returns and it is meant for long horizons. Diversification reduces the risk of depending on a single company, but it does not eliminate market risk.
In short: VTx is the tokenized version of the Vanguard Total World Stock ETF, which invests in thousands of stocks from around the world. Skipo lets you invest in VTx in Chile directly in pesos, with no fees and instant settlement.
Why do investors choose a global ETF like VTx?
A global ETF is one of the favorite tools of long-term investors, because it combines diversification, low cost and simplicity. These are the reasons that matter most to people investing from Chile, along with the risks to consider.
The entire world market in a single instrument
VTx's biggest advantage is diversification. Instead of picking one company and getting it right or wrong, you get exposure to thousands of companies from different countries, sectors and sizes at the same time. If one company or one country does badly, the impact on the whole is much smaller. It is the idea of "not putting all your eggs in one basket," taken to the extreme.
Low cost and passive management
VTx tracks an index instead of trying to "beat the market," which is known as passive management. That translates into very low costs: the underlying ETF charges just 0.06% a year. Over the long term, low costs make a significant difference, because every point you do not pay in fees stays invested and compounding.
Simplicity for a long-term strategy
VTx is an instrument designed to build wealth over time, contributing little by little and holding the investment for years. It is a simple option both for someone just starting out and for someone who wants a diversified base in their portfolio. That said, since it is 100% stocks, you have to be willing to tolerate drops along the way.
Our take on trading 24/5
At Skipo we see that, for Chilean investors, accessing the global market used to mean opening a dollar account or paying the fees of a local mutual fund. With VTx, that exposure to the entire world fits in your phone, in pesos, and you can buy or sell 24 hours a day, Monday to Friday. For a long-term strategy, being able to contribute little by little and at any time (even at night) also makes it easier to stay consistent.
In short: VTx offers global diversification, low cost and simplicity for the long term, although, like any stock investment, it can fall in bad years. With Skipo you can invest in the world market from Chile, in pesos, trading 24 hours a day Monday to Friday.
Which platforms let you invest in a global ETF in Chile?
In Chile you can invest in a global ETF in several ways: through a traditional broker that operates in US markets (such as Renta4, Racional or Zesty), through mutual funds or APV (voluntary pension savings) from a local fund manager, or by investing in VTx, the tokenized global ETF, through a platform like Skipo. Brokers operate in dollars, within Wall Street hours and with fees; local funds usually charge higher management fees. Skipo lets you invest in VTx in pesos, with no fees and with a much wider trading window.
24-hour trading, Monday to Friday
A traditional broker only lets you trade during New York Stock Exchange hours (9:30 a.m. to 4:00 p.m. ET, business days), which in Chile translates into a limited mid-afternoon window. Skipo lets you buy and sell VTx 24 hours a day, Monday to Friday, even outside Wall Street hours. On weekends the market is closed: you cannot buy or sell VTx on Saturday or Sunday.
No fees
Skipo does not charge a fee for buying or selling VTx, or for account maintenance. With traditional brokers, by contrast, each trade usually carries a transaction fee, and local mutual funds charge annual management fees.
Direct purchase in pesos
Skipo processes the purchase directly in pesos, without converting your money to dollars. This eliminates the exchange rate spread (the difference between the price at which a platform buys and sells dollars) that brokers apply when operating in foreign currency.
| Criterion | Skipo (VTx) | Broker with a global ETF (Renta4, Racional, Zesty) or local mutual fund |
|---|---|---|
| Buy/sell fee | CLP 0 | Transaction fee (broker) or annual management fee (mutual fund) |
| Custody / maintenance | CLP 0 | Possible maintenance costs |
| Exchange rate spread | No spread, you buy in pesos | Yes, when converting pesos to dollars (approx. 0.99% or more) |
| Trading hours | 24 hours, Monday to Friday (closed on weekends) | Wall Street hours (9:30 a.m.–4:00 p.m. ET), business days only |
| Settlement | Instant, within trading hours | T+1 / T+2 (1 to 2 business days) |
| Fractional purchase | Yes, starting at CLP 1,000 | Depends on the platform; sometimes requires a higher minimum |
| Investment currency | Pesos | Mainly dollars (requires conversion) |
| Registration and certification | CMF registration, ISO 27001 | Depends on the platform |
In short: in Chile you can invest in a global ETF through a broker, a local mutual fund or tokenized VTx, but they differ in cost, hours and currency. Skipo lets you invest in VTx with no fees, in pesos and 24 hours a day Monday to Friday, and is registered with the CMF.
How do you invest in VTx on Skipo? Step by step
Investing in VTx on Skipo is a 100% digital process that takes a few minutes. Follow these five steps:
- Download the Skipo app. It is available on the App Store and Google Play.
- Create your account and verify your identity. You sign up with your email, and identity verification (KYC) is 100% digital and takes minutes.
- Transfer funds. Transfer pesos from your bank account or crypto from other wallets. The deposit shows up in your Skipo account in seconds.
- Search for VTx. In the app, go to the tokenized assets section and search for "Vanguard Total World" or its ticker, VTx.
- Buy. Choose the amount in pesos you want to invest (starting at CLP 1,000), confirm and you are done. The trade executes in seconds, without the T+1 or T+2 waits.
What is the best way to invest in the global market from Chile?
Skipo is one of the simplest ways to invest in the global market from Chile: it lets you buy VTx in pesos, with no fees, with instant settlement and trading 24 hours a day Monday to Friday, and is registered with the CMF. As a diversified, low-cost instrument, VTx is often considered a sensible base for the long term, although (like any stock investment) its value can go up or down, so it is best to invest with a long-term view and in an informed way.
At Skipo we believe access to the world market should not depend on opening accounts abroad or paying high fees. That is why we offer VTx alongside other tokenized assets, stocks and cryptocurrencies in a single app, so you can build your portfolio your way. Remember to diversify and invest in an informed way.
Download the Skipo app and start investing in global stocks today.
This article is for informational purposes only and does not constitute financial advice. Asset prices can go up or down, and all investments carry risk. Before investing, assess your personal financial situation.
Frequently asked questions
Where can I invest in a global ETF from Chile?
Skipo lets you invest in a global ETF from Chile through VTx, the tokenized version of the Vanguard Total World Stock ETF. The process is 100% digital from the app, in pesos, with no fees and instant settlement. You can also access global ETFs through brokers that operate in dollars or through local mutual funds.
Can I buy VTx on the weekend?
No. Skipo lets you buy and sell VTx 24 hours a day, but only Monday to Friday; on weekends the market is closed and you cannot buy or sell. That said, if you already have pesos in your account after a sale, you can withdraw them to your bank any day, including Saturday and Sunday.
What if I want to buy VTx outside Wall Street hours?
You can. Skipo lets you trade VTx 24 hours a day, Monday to Friday, even when the New York Stock Exchange is closed. That way you can buy or sell at night or in the early morning in Chile, without waiting for the US market to open.
How much does it cost to invest in VTx on Skipo?
Skipo does not charge a fee for buying or selling VTx, or for account maintenance, and there is no exchange rate spread because you invest directly in pesos. Keep in mind that the underlying ETF has its own very low annual cost (0.06%), separate from what Skipo charges. Traditional brokers and funds usually have additional fees and costs for converting pesos to dollars.
Do I need dollars to invest in global stocks from Chile?
No. With Skipo you invest directly in pesos, without converting your money to dollars and without paying the associated exchange rate spreads. You can start at CLP 1,000 and buy fractions of VTx.
What exactly does VTx hold?
VTx tracks the Vanguard Total World Stock ETF, which invests in thousands of company stocks from around the world (from developed and emerging markets, including the United States), based on the FTSE Global All Cap Index. The ETF pays out those companies' dividends; how they are reflected in the tokenized version may vary by platform.
Can the price of VTx go down?
Yes. Even though VTx is highly diversified, it is still a stock investment and its value can fall when the global market falls: in a bad year like 2022, the fund dropped around 18%. Diversification reduces the risk of depending on a single company, but it does not eliminate market risk. That is why it is an instrument meant for the long term.
Glossary of key terms
VTx: The tokenized version of the Vanguard Total World Stock ETF, which invests in thousands of stocks from around the world.
ETF (exchange-traded fund): A fund that trades on an exchange like a stock and can bring together hundreds or thousands of assets in a single instrument.
Index fund / passive management: A fund that replicates an index instead of trying to beat it; it usually has lower costs than active management.
Diversification: A strategy of spreading your investment across many assets to reduce the impact of any one of them doing badly.
FTSE Global All Cap Index: An index that measures the performance of company stocks from developed and emerging markets around the world.
Expense ratio (fund cost): The annual percentage a fund charges for its management; for VTx's ETF it is just 0.06%.
Market risk: The possibility that an investment's value falls because of a general market decline, regardless of diversification.
Blockchain: A digital network that records transactions securely, transparently and verifiably.
Instant settlement: The process by which a trade is completed and the funds or assets become available in seconds, with no delays.
Exchange rate spread: The difference between the price at which a platform buys and sells dollars; it is a cost when converting from one currency to another.
T+1 / T+2: Traditional settlement periods, in which a trade is completed one or two business days after it is made.
