Vanguard is growing its exchange-traded funds business with the launch of three new ETFs on Euronext.
The ETFs provide investors with diversification across North America, the developed world, and Europe excluding the UK.
The Vanguard FTSE North America UCITS ETF, Vanguard FTSE Developed Europe ex-UK UCITS ETF and Vanguard FTSE Developed World UCITS ETF will enable investors to construct a more diversified equity portfolio. With the addition of these products to its existing range of ETFs, Euronext currently has 611 ETFs listed on its markets.
Benjamin Fussien, head of ETFs & investment funds at Euronext, says: "Euronext is one of the leading venues for ETFs in Europe, with over 700 listings on our markets, including cross listings. We are delighted that these new products from Vanguard further strengthen and complement our existing ETF offering, in line with our strategy of providing investors with the most innovative and diverse range of ETFs.”
Wim van Zwol, Vanguard head of institutional sales, Northern Europe, says: “Dutch investors increasingly value the low costs, liquidity and transparency of ETFs and we continue to grow in the Netherlands. As a pioneer of high-value, low-cost investing, Vanguard is committed to offering a complete, broadly diversified ETF and mutual fund line-up so investors can construct globally diversified portfolios at extremely low cost.”