Vanguard expands ETF offering

ETFs vanguard launch listed infrastructure infrastructure Small caps robin bowerman

17 October 2018
| By Oksana Patron |
image
image
expand image

Vanguard Australia has announced the expansion of its exchange traded funds (ETF) offering, with an upcoming launch of two new ETFFs, which will offer investors exposure to international small companies and global listed infrastructure.

Both funds, the Vanguard Global Infrastructure Index ETF (VBLD) and the Vanguard MSCI International Small Companies Index ETF (VISM), would commence trading on the Australian Securities Exchange (ASX) within a couple of weeks, with management expense ratios of 0.47 per cent and 0.32 per cent respectively.

VBLD would offer exposure to around 146 listed infrastructure companies across a range of industries, including transportation, energy and communications, while VISN would offer broadly diversified international small cap exposure to around 3,910 holdings across 19 developed markets globally, the firm said.

Vanguard Australia’s head of corporate affairs, Robin Bowerman, said: “The addition of these ETFs provides additional building blocks to allow investors to construct investment portfolios that are truly diversified across and within asset classes, and suited to their individual goals.”

Both VISM and VBLD would be ETF share classes of existing wholesale funds that were established 10 years ago and currently manage over $801 million and $338 million in assets respectively.

“The ETF market in Australia continues to grow in both assets under management and products on offer, demonstrating that investors are recognising the accessibility, diversification and low cost benefits of these funds,” Bowerman said.

“Increasingly, we see Australian investors looking to add international diversification to their portfolios, and these ETFs offer broad international exposure while at the same time providing greater ability to manage a portfolio’s allocation to specific asset classes.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

4 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 22 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 1 hour ago