Vanguard Australia has launched two new ETFs to expand their low-cost offerings to include small companies and infrastructure.
The Vanguard Global Infrastructure Index and the Vanguard MSCI International Small Companies Index will shortly commence trading on the ASX.
Vanguard Australia’s head of corporate affairs Robin Bowerman said these ETFs would build out the firm’s range of broadly diversified low-cost ETFs.
“The addition of these ETFs provides additional building blocks to allow investors to construct investment portfolios that are truly diversified across and within asset classes, and suited to their individual goals,” said Mr Bowerman.
The Infrastructure Index will offer exposure to 146 listed infrastructure companies across a range of industries including energy and communications.
The Small Companies Index is the first ETF listed in Australia to offer diversified international small cap exposure to over 3,000 holdings across 19 developed markets.
Mr Bowerman said the ETF market has continued to grow and Vanguard was focused on offering enduring funds that deliver for investors.
“The ETF market in Australia continues to grow in both assets under management and products on offer, demonstrating that investors are recognising the accessibility, diversification and low-cost benefits of these funds,” he said.
Mr Bowerman said that Australians wanted diversity in their portfolios and these two new ETFs would complement the four other new ones introduced this year by Vanguard.
“Increasingly, we see Australian investors looking to add international diversification to their portfolios, and these ETFs offer broad international exposure while at the same time providing greater ability to manage a portfolio’s allocation to specific asset classes,” he said.
Eliot Hastie is a journalist at Momentum Media, writing primarily for its wealth and financial services platforms.
Eliot joined the team in 2018 having previously written on Real Estate Business with Momentum Media as well.
Eliot graduated from the University of Westminster, UK with a Bachelor of Arts (Journalism).
You can email him on: [email protected]
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