Vanguard expands ETF offering on SIX Swiss Exchange

Jun 18th, 2013 | By | Category: Equities

Vanguard Asset Management has announced the cross-listing of four Irish-domiciled exchange-traded funds (ETFs) on the SIX Swiss Exchange.

Vanguard expands ETF offering on SIX Swiss Exchange

Vanguard has expanded its ETF offering on the SIX Swiss Exchange.

Following this listing, a total of seven Vanguard ETFs are now available on the exchange.

All four of the newly listed ETFs are linked to FTSE indices. Three of the funds offer conventional broad market equity exposure to international developed markets, namely Europe, Asia ex Japan and Japan. The fourth tracks the performance of high-dividend yielding equities across both developed and emerging markets globally.

FTSE has been working with Vanguard globally since 2003 and is the index provider to a number of the firm’s most successful products, including the $71 billion NYSE Arca-listed Vanguard FTSE Emerging Markets ETF (VWO), the world’s largest emerging markets ETF.

All of the newly listed ETFs are physically backed and listed in Swiss francs (as are the existing funds), giving investors straightforward, local-currency access to these major equity markets and themes. And with total expense ratios (TERs) ranging from 0.15% to 0.29%, the new funds are among the cheapest in the market.

Axel Lomholt, Vanguard head of international product development and management, commented: “Continuing to list our ETFs on the SIX Exchange underscores our commitment to the Swiss market and the European market more broadly. Making our ETFs more readily available across Europe gives more investors a low-cost way to reach their investment goals.”

The extension of its ETF product line-up on SIX Swiss comes just two weeks after the firm listed products on the NYSE Euronext exchange in Amsterdam and Paris, and less than a month after it launched these latest four funds on the London Stock Exchange.

The rapid expansion and roll-out across these key European markets comes at a time when ETFs are fast gaining in popularity among investors of all types.

Vanguard’s SIX Swiss ETF line-up (all in tradable in CHF):

Fund name TER Ticker
NEW Vanguard FTSE Developed Europe UCITS ETF 0.15% VEUR
NEW Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF 0.22% VAPX
NEW Vanguard FTSE Japan UCITS ETF 0.19% VJPN
NEW Vanguard FTSE All-World High Dividend Yield UCITS ETF 0.29% VHYL
Vanguard S&P 500 ETF 0.09% VUSA
Vanguard FTSE Emerging Markets ETF 0.45% VFEM
Vanguard FTSE All-World ETF 0.25% VWRL

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