Vanguard's Index Australian Shares Fund provides exposure to a wide range of companies listed on the Australian Stock Exchange. It is a low-cost, diversified share fund, which through its buy and hold investment approach offers investors the potential for tax-effective returns.
Who it may suit
- long-term investors (usually seven years plus)
- investors seeking long-term capital growth and some tax-effective income
- investors seeking a tax-effective investment
- investors using a core/satellite strategy seeking an index fund for the core of their Australian shares portfolio
- higher income earners using a gearing strategy
- self managed super funds
Objectives
To match the total return of the S&P/ASX 300 Index before taking into account fund fees and expenses.
Benefits
| Diversification and long-term growth potential |
|
| Some tax-effective income |
|
| Low scaled fees |
|
| Regular savings plan |
|
Investment requirements and fees
| Minimum investment amounts | |
| Initial investment |
$5,000
|
| Additional investment by cheque |
$1,000
|
| Additional investment by BPAY® |
$100
|
| Holding balance |
$3,000
|
| Switch/withdrawal |
$1,000
|
| Buy/sell spread | |
| Purchase |
+0.20%
|
| Withdrawal |
-0.10%
|
| Management costs | |
| For the first $50,000 |
0.75% p.a.
|
| For the next $50,000 |
0.50% p.a.
|
| Balance over $100,000 |
0.35% p.a.
|
Risk/return profile
At Vanguard, we believe it's just as important to understand the risks and costs of investing, as it is to know about the rewards.
Our risk/return profiler illustrates the expected risk level and potential return for the Vanguard Index Australian Shares Fund based on historical data. It's important to remember that past performance is no guarantee of future performance and return profile of each fund may vary from year to year.
