Vanguard to make fund holdings known

chief-investment-officer/investors/

28 September 2012
| By Staff |
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Vanguard Investments will soon publish quarterly portfolio holding reports for all of its funds in a move to improve transparency for investors.

From 11 October, the public will be able to access full fee and fund holding details from Vanguard's website, providing them with the information to make informed investment decisions, Vanguard head of market strategy and communications Robin Bowerman said.

"It is something that is regarded as best practice in other major investment markets, where the regulations dictate it," he said.

Investors will also gain a better insight into the diversification of Vanguard's funds and make a proper evaluation of what they are paying for, Vanguard chief investment officer Joseph Brennan added.

He said the disclosure of fund holdings fitted well with Vanguard's investment philosophy as an index provider.

"There are no surprises as to what our funds invest in, given we are tracking benchmarks, but now investors can see the individual holdings for themselves," he said.

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