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Vanguard launches four new ETFs

Vanguard Asset Management has launched four new Irish-domiciled exchange traded funds.

The new funds include the Vanguard FTSE Developed Europe Ucits ETF, Vanguard FTSE Developed Asia Pacific ex Japan Ucits ETF, Vanguard FTSE Japan Ucits ETF and the Vanguard FTSE All-World High Dividend Yield Ucits ETF .

The range will feature total expense ratios ranging from 0.15 per cent to 0.29 per cent.

The launch will extend Vanguard’s offering to both UK and European investors, following the five ETFs the asset manager brought to the European market in 2012.

Vanguard head of product international Axel Lomholt says: “ETFs are growing in popularity in Europe and our experience in other markets suggests that this trend will continue.

”In the US, Vanguard Group has been very successful in this area, gathering nearly $290bn of assets since its first ETF launch in 2001. We think that the same low-cost, straightforward approach will prove equally popular in Europe as investors seek the most cost-efficient products to help them reach their goals.”

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Comments

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  1. John Blackmore 22nd May 2013 at 1:10 pm

    Good news. Makes me wonder though about high platform charges ( 0.4% pa) and even higher advice charges – moving up to 1% pa or more in some cases.

    Rather than look at active v passive perhaps we should look at DIY v advised platform ?

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