Vanguard's new ETFs represented an alternative way for advisers to access the group's indexing approach, which could assist in reducing overall costs for clients and manage risks through diversification, Vanguard head of retail Robin Bowerman said.
The take-up of ETFs in Australia had been muted compared to other markets, but with more providers like Vanguard entering the market, the product's popularity should be boosted, Bowerman said.
"More products are needed so advisers can build comprehensive portfolios, and getting across the message that in these sorts of markets ETFs are extremely useful asset allocation tools will also help," he said.
He said advisers could expect Vanguard's ETF fees to be very competitive.
The firm was unable to reveal the ETFs it would launch as it was awaiting regulatory and legal approvals.
