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Only authorised trading participants under the Australian Securities Exchange (ASX) market rules can apply to create and redeem ETF securities directly with Vanguard.
Other investors must buy and sell ETF securities on the secondary market through the ASX, with the assistance of their broker or adviser. In doing so, the investor will incur brokerage and may pay more than the net asset value price when buying and receive less than the net asset value price when selling.
All ETF products are subject to market risk which may result in the loss of capital. Past performance is no guarantee of future results. Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263 / RSE Licence L0001335) is the product issuer. We have not taken your circumstances into account when preparing the above information so it may not be applicable to your circumstances. You should consider your circumstances and the relevant Product Disclosure Statement or Prospectus before making any investment decision.
For more information on being an Authorised Participant, please contact an ETF Product Team Representative on (03) 8888 3888.
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Call Vanguard Client Services on 1300 655 888, 8:00am to 6:00pm, Monday to Friday (Melbourne time) or email us.