Vanguard said the four new ETFs will allow ETF investors to utilise an asset pool worth more than $7 billion since each ETF is a share class of a pre-existing Vanguard index fund.
Commenting on the development, Vanguard Australia’s head of product and marketing Evan Reedman said, “Vanguard’s Diversified Index funds have been a leading option for investors for some time, and greater accessibility to these strategies through ETF vehicles is a significant development for the Australian market.
“This will make investing a far more accessible and transparent option for many Australians, and ultimately help them achieve their financial goals.”
==
==
The addition of the new ETFs increases Vanguard’s ETF offering to 22 funds, the company said.
