Vanguard launches Euro STOXX 50 ETF
26 October 2017 | Topical insights
Vanguard Euro STOXX 50 UCITS ETF is now available to investors. The fund tracks the EURO STOXX 50® Index, an industry-standard benchmark for investors targeting large-cap exposure in the euro zone.
Launched by an indexing pioneer, this new fund provides investors with diversification, transparency and low investment management costs.
With Vanguard's long history of indexing success and experienced investment teams, investors can expect this exchange-traded fund to track the index tightly, delivering a similar risk and return profile.
The ETF invests in 50 of the largest and most liquid companies in the region by market capitalisation, covering a range of industries and sectors. These successful multinational firms serve hundreds of millions of customers in Europe and around the world.
The fund uses a physically backed, fully replicated approach to track a well-known, soundly constructed index. It buys and holds the securities of all the index constituents in proportional weight to that of the index. This approach means the fund invests in real assets that are highly liquid.
With an ongoing charges figure (OCF) of just 0.10%, investors get to keep more of their returns.
This document is directed at professional investors only as defined under the MiFID Directive. Not for public distribution.
The material contained in this document is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information in this document is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult their professional advisers on the implications of making an investment in, holding or disposing of [units/shares] of, and the receipt of distribution from any investment.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
ETF shares can be bought or sold only through a broker. Investing in ETFs entails stockbroker commission and a bid-offer spread which should be considered fully before investing.
The funds may invest in financial derivative instruments that could increase or reduce exposure to underlying assets and result in greater fluctuations of the fund's net asset value. Some derivatives give rise to increased potential for loss where the fund's counterparty defaults in meeting its payment obligations.
Vanguard Funds plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in certain EU countries. Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own professional advisers on the implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares under the law of the countries in which they are liable to taxation.
The Manager of Vanguard Funds plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor for Vanguard Funds plc.
For further information on the funds' investment policy, please refer to the Key Investor Information Document (KIID). The KIID and the Prospectus for these funds is available from Vanguard via our website: https://global.vanguard.com/.
The Euro STOXX 50 Index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland (STOXX), Deutsche Börse Group or their licensors, which is used under license, Vanguard Euro STOXX 50 UCITS ETF is neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the Euro STOXX 50 Index or its data.
Issued by Vanguard Asset Management, Limited, which is authorised and regulated in the UK by the Financial Conduct Authority.