Media Releases
-
The Vanguard / Investment Trends Self Managed Super Funds (SMSF) Report*, released today, tells a clear story of a lack of confidence in future market directions within the self managed fund sector, according to Robin Bowerman, Head of Corporate Affairs and Market Development from Vanguard Investments.
-
Three new Vanguard Exchange Traded Funds (ETFs) will this morning be officially quoted for trading on the Australian Securities Exchange (ASX).
-
Vanguard Investments Australia today released details of its three new exchange traded funds (ETFs) along with a decrease in the expense ratios across its existing range of Australian ETFs.
-
Vanguard today announced its intention to launch three new Australian Exchange Traded Funds (ETFs) which will all track segments of the Australian share market.
-
Investors in Vanguard's wholesale index funds saved $8,685,580 in 2010 through 'crossing savings', or reduced spread costs.
-
News & Commentary
Investors entrust $100 million to Vanguard ETFs 23 Feb 10
Vanguard Investments Australia''s (Vanguard) suite of Exchange Traded Funds (ETFs) has exceeded $100 million under management just 10 months after their launch.
Launched in May 2009, the Vanguard range of ETFs includes: the Vanguard® Australian Shares Index ETF (VAS); the Vanguard® All-World ex-US Shares Index ETF (VEU); and the Vanguard® US Total Market Shares Index ETF (VTS).
ETFs offer investors access to the diversified and low cost characteristics of indexing coupled with the trading flexibility, liquidity and transparency of shares. In fact, for a cost of just 17bps investors can access approximately 93 per cent of the worlds developed and emerging share markets by investing in two Vanguard ETFs.
'ETFs track financial indexes with the added benefit that they can be traded throughout the day just like a share,' said Vanguard ETF Product Manager, Robyn Laidlaw.
'The most pleasing aspect of the uptake of Vanguard ETFs is that it is showing that a growing number of investors and their advisers are appreciating the portfolio benefits of indexing and the flexibility ETFs offer. Our team has been particularly focused on investor education,' she said.
As Vanguard ETF assets have reached $100 million in Australia demand for ETFs continues to grow globally.
New figures from the ASX show that in the year to December 2009, total ETF market capitalisation in Australia grew to $3,080 million - an increase of 185 per cent. This compared to growth of just 10 per cent between December 2007 and December 2008.*
In the US, Vanguard''s ETFs have reached around US$91billion (as at 31 December 2009) since they were launched in 2001.
Vanguard is one of three ETF providers with products currently quoted on the ASX. These are three of the biggest global ETF providers, accounting for 87 per cent of total ETF FUM in the US.
In December 2009 global ETF assets surpassed $1 trillion worldwide, with 1,907 ETFs from 103 providers on 39 exchanges around the world.
ETFs that track the broader market have proved most popular, with the majority of the largest 10 ETFs in the US tracking broad market indices.
'In 2009, we saw strong demand from investors - in particular those with SMSFs - who used ETFs to create a core equity allocation within their portfolio. We expect this trend to continue in 2010,' said Ms Laidlaw.
*ASX LMI report December 2009
