Funds tar­get eth­i­cal in­vestors

Money Magazine Australia - - IN BRIEF -

If you want a low-cost eth­i­cal in­vest­ment in in­ter­na­tional shares or bonds, there are two new di­ver­si­fied ETFs from Van­guard.

Van­guard Eth­i­cally Con­scious In­ter­na­tional Shares (ASX: VESG) in­vests in over 1600 se­cu­ri­ties listed in ma­jor de­vel­oped coun­tries, at a low man­age­ment ex­pense ra­tio of 0.18%pa. The Van­guard Eth­i­cally Con­scious Global Ag­gre­gate Bond ETF (VEFI) pro­vides ex­po­sure to over 18,000 fixed-in­come se­cu­ri­ties in ma­jor de­vel­oped and emerg­ing coun­tries for 0.26%pa.

“We have been of­fer­ing screened ESG prod­ucts in­ter­na­tion­ally for al­most 20 years and are ex­cited to be able to pro­vide more choice for Aus­tralian in­vestors while lever­ag­ing our global scale and in­vest­ment man­age­ment ex­per­tise,” says Evan Reed­man, Van­guard Aus­tralia’s head of prod­uct and mar­ket­ing.

The shares in­dex fund tracks the FTSE De­vel­oped ex Aus­tralia ex Non-Re­new­able En­ergy/Vice Prod­ucts/Weapons In­dex, while the bond in­dex fund tracks the Bloomberg Bar­clays MSCI Global Ag­gre­gate ex SRI Ex­clu­sions In­dex hedged to the $A.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.