Vanguard has added 14 new accumulating share classes for various fixed income and equity ETFs on Borsa Italiana.
Vanguard has listed 14 new accumulating share classes on Borsa Italiana.
The share classes are tradeable in euros and aimed at investors who wish to reinvest (or capitalize) income within the fund.
By opting for an accumulating share class, investors enjoy the benefits of dividend compounding while avoiding the potential inconvenience and trading costs occurred reinvesting the income.
The 14 ETF in question are Irish-domiciled UCITS funds and are split evenly between equities and fixed income exposures.
The equity ETFs comprise an S&P 500 tracker (Vanguard’s flagship European domiciled ETF) and six country and regional-based ETFs linked to broad market beta indices from FTSE Russell.
The fixed income ETFs are linked to Bloomberg Barclays indices that provide global aggregate, US Treasury, European government, emerging market government, USD corporate, and EUR corporate exposure.
Equities
The Vanguard S&P 500 UCITS ETF (VUAA IM) tracks the bellwether S&P 500 Index, the most widely followed gauge of the US equity market. The fund comes with an expense ratio of 0.07% and has $26.1bn in AUM.
The Vanguard FTSE All-World UCITS ETF (VWCE IM) tracks the FTSE All-World Index, a reference for stocks across both developed and emerging markets globally. With approximately 2,900 holdings in nearly 47 countries, the index covers more than 90% of the global investable market capitalization. The fund comes with an expense ratio of 0.22% and has $4.6bn in AUM.
The Vanguard FTSE Developed World UCITS ETF (VHVE IM) tracks the FTSE Developed Index, a reference for the performance across 25 developed equity markets including the US. The fund comes with an expense ratio of 0.12% and has $440m in AUM.
The Vanguard FTSE Developed Europe UCITS ETF (VWCG IM) tracks the FTSE Developed Europe Index. The index covers stocks listed in 16 developed market countries in Europe: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. The fund comes with an expense ratio of 0.10% and has $2.3bn in AUM.
The Vanguard FTSE Developed Europe ex-UK UCITS ETF (VERE IM) tracks the FTSE Developed Europe ex UK Index. The index also covers stocks from developed countries in Europe but excludes those listed in the UK. The fund comes with an expense ratio of 0.10% and has $1.6bn in AUM.
The Vanguard FTSE Japan UCITS ETF (VJPA IM) tracks the FTSE Japan Index which covers over 500 of the largest Japanese equities. The fund comes with an expense ratio of 0.15% and has $2.0bn in AUM.
The Vanguard FTSE Emerging Markets UCITS ETF (VFEA IM) tracks the FTSE Emerging Index, a reference for the performance of 22 emerging market countries and covering more than 1,700 constituents. The fund comes with an expense ratio of 0.22% and has $2.4bn in AUM.
Fixed income
The Vanguard Global Aggregate Bond UCITS ETF (VAGF IM) tracks the Bloomberg Barclays Global Aggregate Float-Adjusted and Scaled Index which consists of investment-grade government, agency, corporate, and securitized bonds issued globally. The fund comes with an expense ratio of 0.10% and has $700m in AUM.
The Vanguard USD Treasury Bond UCITS ETF (VDTA IM) tracks the Bloomberg Barclays Global Aggregate US Treasury Float Adjusted Index which includes fixed-coupon, USD-denominated US Treasury securities with maturities greater than one year and which have a minimum issue size of $300m. The fund comes with an expense ratio of 0.07% and has $280m in AUM.
The Vanguard Eurozone Government Bond UCITS ETF (VGEA IM) tracks the Bloomberg Barclays Euro Aggregate Treasury Index which includes fixed-coupon, EUR-denominated eurozone Treasury securities with maturities greater than one year and which have a minimum issue size of €300m. The fund comes with an expense ratio of 0.07% and has $510m in AUM.
The Vanguard USD Emerging Government Bond UCITS ETF (VDEA IM) tracks the Bloomberg Barclays EM USD Sovereign + Quasi-Sovereign Index which includes USD-denominated debt with maturities greater than one year and which have a minimum issue size of $500m that has been issued by sovereign and quasi-sovereign emerging market issuers. The fund comes with an expense ratio of 0.25% and has $560m in AUM.
The Vanguard USD Corporate Bond UCITS ETF (VUCE IM) tracks the Bloomberg Barclays Global Aggregate Corporate – United States Dollar Index which includes fixed-coupon, USD-denominated investment-grade corporate bonds with maturities greater than one year. The fund comes with an expense ratio of 0.09% and has $430m in AUM.
The Vanguard USD Corporate 1-3 year UCITS ETF (VDCA IM) tracks the Bloomberg Barclays Global Agg Corporate-United States Dollar 1-3 Year Index which also includes fixed-coupon, USD-denominated investment-grade corporate bonds but targets bonds with maturities between one and three years. The fund comes with an expense ratio of 0.09% and has $300m in AUM.
The Vanguard EUR Corporate Bond UCITS ETF (VECA IM) tracks the Bloomberg Barclays Euro Aggregate Corporates Index which includes fixed-coupon, EUR-denominated investment-grade corporate bonds with maturities greater than one year and which have a minimum issue size of €300 million. The fund comes with an expense ratio of 0.09% and has $500m in AUM.