Vanguard adds China A-shares to emerging markets fund
Vanguard is to add onshore Chinese equities (A-shares) to its Vanguard Emerging Markets Stock Index Fund and its ETF share class –VWO.
The move makes Vanguard’s the first major broad-based emerging markets, market-cap weighted index fund to include exposure to A-shares and all-caps.
The Chinese shares will be added as part of an expansion of several of Vanguard's international index funds to broader FTSE benchmarks, adding small-caps exposure to all four funds.
China A-shares will represent 5.6% of the new benchmark for the emerging markets index fund. The transition to the new benchmarks is expected to begin in late 2015.
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