Vanguard launches four more low-cost ETFs
Vanguard has launched four low-cost Irish-domiciled exchange-traded funds (ETFs) on the London Stock Exchange.
The new funds complement Vanguard’s existing ETF range and will give UK investors the opportunity to construct low- cost equity portfolios with greater international diversification.
“ launch represents Vanguard’s commitment to offering UK investors a complete, broadly diversified ETF and mutual fund line-up in order to construct globally diversified portfolios at an extremely low-cost. ETFs are coming of age in Europe as both retail and institutional investors value their low costs, liquidity and transparency,” said Ken Volpert, head of investments for Vanguard in Europe.
Vanguard Asset Management now offers thirteen ETFs in the UK. Since launching its range in May 2012, Vanguard now has more than US $10 billion in European ETF assets under management (AUM).
The new ETFs will seek to track the performance of broadly diversified FTSE indices. The ongoing costs for Vanguard’s European ETF suite range from 0.07% to 0.29%.
The new funds complement Vanguard’s existing ETF range and will give UK investors the opportunity to construct low- cost equity portfolios with greater international diversification.
“
Vanguard Asset Management now offers thirteen ETFs in the UK. Since launching its range in May 2012, Vanguard now has more than US $10 billion in European ETF assets under management (AUM).
The new ETFs will seek to track the performance of broadly diversified FTSE indices. The ongoing costs for Vanguard’s European ETF suite range from 0.07% to 0.29%.
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