Vanguard has launched four new physically-backed ETFs offering European investors access to key developed equity markets.
The new funds are as follows:
Vanguard FTSE Developed Europe UCITS ETF |
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF |
Vanguard FTSE Japan UCITS ETF |
Vanguard FTSE All-World High Dividend Yield UCITS ETF |
Axel Lomholt, head of product, international, said: “ETFs are growing in popularity in Europe and our experience in other markets suggests that this trend will continue.
“In the US, VGI has been very successful in this area, gathering nearly $290 billion of assets since its first ETF launch in 2001. We think 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.”
The firm launched five funds for the European market earlier in the year, which are shown below along with their year-to-date returns.
Vanguard FTSE 100 ETF |
16.99 |
Vanguard S&P 500 ETF |
27.98 |
Vanguard FTSE Emerging Markets ETF |
7.94 |
Vanguard FTSE All-World ETF |
21.35 |
Vanguard UK Government Bond ETF |
0.53 |
Lyxor, meanwhile,has launched its Lyxor EURO STOXX 300 and the Lyxor Emerging Markets Local Currency Bond on the NYSE Euronext.
The former replicated the performance of local currency bond issued by emerging market governments and is benchmarked against the JP Morgan Government Bond Index.
Lyxor EURO STOXX 300 (DR) UCITS ETF replicates the performance of the EURO STOXX index.
Earlier in the week Source unveiled its US energy infrastructure ETF, the first fund targeting such assets available to the European market.