Vanguard Asset Management has listed four Irish-domiciled exchange-traded funds on the SIX Swiss Exchange.
Three of the ETFs seek to track major international equity markets. The range also features a global dividend yield product that provides exposure to stocks with high forecast dividend yields.
Following these listings, a total of seven Vanguard ETFs are available via the SIX Swiss Exchange. All of the ETFs are physically backed and listed in Swiss francs, giving investors straightforward, local-currency access to Vanguard’s indexing expertise.
The ETFs and their expense ratios are:
Vanguard FTSE Developed Europe UCITS ETF (0.15 per cent)
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (0.22 per cent)
Vanguard FTSE Japan UCITS ETF (0.19 per cent)
Vanguard FTSE All-World High Dividend Yield UCITS ETF (0.29 per cent)
Vanguard Group has used FTSE indices globally since 2003 and employs FTSE benchmarks for 21 index portfolios around the world, representing USD8.7bn in assets as at 31 March 2013.
Axel Lomholt, Vanguard head of international product development and management, says: “Continuing to list our ETFs on the SIX Exchange underscores our commitment to the Swiss market and the European market more broadly. Making our ETFs more readily available across Europe gives more investors a low-cost way to reach their investment goals.”
Vanguard has been serving Swiss investors since 1998, opened its Zurich office in 2008, and founded a FINMA regulated Swiss entity in May 2011.
Chandler Publishing is an independent financial publishing company which was founded in 2021 and has three digital investment titles in its portfolio: ETF Express, Institutional Asset Manager and Wealth Adviser.