Vanguard has announced the launch of the Vanguard Russell 1000 U.S. Growth UCITS ETF, the Vanguard Russell 1000 U.S. Value UCITS ETF, the Vanguard Russell U.S. Mid-Cap UCITS ETF and the Vanguard Russell 2000 U.S. Small-Cap UCITS ETF.
The firm writes that these new ETFs provide investors with additional building blocks to diversify and tailor their exposure to US equities across styles and market capitalisations. The ETFs will be listed on the London Stock Exchange, Deutsche Börse, Euronext Amsterdam, Borsa Italiana and SIX Swiss Exchange. Ongoing charges for the growth and value products are 16 bps and 20 bps for the mid and small cap products.
Claire Aley, head of Product and PRD Europe, says: “The US equity market offers investors a wide range of opportunities. With these new ETFs, we are expanding our range of low-cost building blocks to help investors tailor their US equity exposure more precisely. For investors looking to lean into areas of the market with greater exposure to technology and AI-related businesses, growth can play an important role. Equally, value can help investors diversify away from the parts of the market that have dominated recent performance. The addition of mid- and small-cap exposures also gives investors further tools to diversify.”
