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Vanguard launches new ESG ETF

Ecological building with the wall full of plants

Vanguard launches a new ESG focused ETF today, designed to serve as a core building block for ESG-aware portfolios.

Fong Yee Chan, head of ESG strategy, UK and Europe, said, “Our clients have a range of environmental and social concerns. Many want to put their money to work in a way that enables them to mitigate certain ESG-related risks, aligns with their values, and meets their investment goals.” 

The Vanguard ESG Global All Cap UCITS ETF seeks to track the FTSE Global All Cap Choice Index and provides global equity exposure.

The index applies criteria to exclude companies involved in weapons, non-renewable energy, vice products and companies involved with controversies related to the UN Global Compact Principles. The fund has an ongoing charges figure (“OCF”) of 0.24%.

Chan continued, “We are committed to ensuring that our expansive and nuanced approach to ESG is reflected in our product offering and throughout our investment processes, while balancing the potential for delivering long-term value to our investors.”

The Vanguard ESG Global All Cap UCITS ETF will be managed by Vanguard’s Equity Index Group, which manages more than $4.8 trillion in assets across the globe, and draws on the diverse perspectives and knowledge of 57 team members.

With the addition of the new product, Vanguard’s line-up for environmentally and socially conscious investors consists of the following:

 

Fund Name Domicile Benchmark OCF[2]
Vanguard ESG Developed World All Cap Equity Index Fund (UK) U.K. FTSE Developed All Cap Choice Index 0.20%
Vanguard ESG Developed World All Cap Equity Index Fund Ireland FTSE Developed All Cap Choice Index 0.20%
Vanguard ESG Emerging Markets All Cap Equity Index Fund Ireland FTSE Emerging All Cap Choice Index 0.25%
Vanguard ESG Global All Cap UCITS ETF Ireland FTSE Global All Cap Choice Index 0.24%
Vanguard SRI European Stock Fund Ireland FTSE Developed Europe Index 0.14%

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