Vanguard has launched four US UCITS ETFs today, set to be made available on the London Stock Exchange, as well as German, European, Italian and Swiss Exchanges.
The four new ETFs include: 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 wider Vanguard Global Equity Group has been appointed to manage these new funds.
These new funds are designed to provide investors additional ways to diversify their US equity exposure across styles and market capitalisations and capture the broad degree of opportunities across the asset class.
Claire Aley, head of product and PRD Europe, said: “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.”
See also: Q&A with BlackRock’s Kanan: ‘Real opportunity isn’t just the mag seven, it’s the other 493’
Source: Original Article
