Vanguard Ethically Conscious Australian Shares ETF (VETH)
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106396-2023-09-16-02:52.pdf |
FUND MANAGER | Vanguard Investments Australia |
ASX Code | VETH* |
APIR | |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | The Vanguard Ethically Conscious Australian Shares ETF seeks to track the return of the FTSE Australia 300 Choice Index |
INVESTMENT PROFILE | The Fund seeks to track the return of the Benchmark before taking into account fees, expenses and tax. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 12-08-2020 |
BENCHMARK | FTSE Australia 300 Choice Index |
FUND SIZE | FTSE Australia 300 Choice Index |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | Around 250 |
FEES | 0.16% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Vanguard Ethically Conscious Australian Shares FundThe significant features and benefits of investing in the Fund include:
Benefits of investing with Vanguard
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RISK LEVEL | High |
INVESTOR SUITABILITY | Investors with Australian dollars, seeking exposure to a diversified portfolio of Australian shares with an ethically conscious screen and with a higher tolerance for the risks associated with share market volatility |
Risks
Title | |
Detail |
Key Features
About the FundThe Fund provides low cost exposure to stocks listed on the Australian Securities Exchange (ASX) and excludes companies with significant business activities involving fossil fuels, nuclear power, alcohol, tobacco, gambling, weapons, adult entertainment and a conduct related screen based on severe controversies. Diversification requirements are applied to restrict the proportion of the index invested in any one industry to +/-5% of the industry weights of the FTSE Australia 300 Index, subject to any limitation issues resulting from the exclusionary screening. Investment objectiveVanguard Ethically Conscious Australian Shares Fund seeks to track the return of the FTSE Australia 300 Choice Index before taking into account fees, expenses and tax. |
Mandate
How we invest your moneyThe Fund seeks to track the return of the FTSE Australia 300 Choice Index before taking into account fees, expenses and tax. The index which the Fund seeks to track applies exclusionary screening and will therefore perform differently than the broad market as certain companies are removed, resulting in different weights to sectors and factors. The Fund holds all of the securities in the index most of the time, allowing for individual security weightings to vary marginally from the index from time to time. The Fund may be exposed to securities that have been removed from or are expected to be included in the index and the Fund may also invest in futures contracts. The FTSE Australia 300 Choice Index comprises securities (shares) listed on the Australian Securities Exchange (ASX). The index contains securities included in the FTSE Australia 300 Index but excludes companies with significant business activities involving fossil fuels, nuclear power, alcohol, tobacco, gambling, weapons, adult entertainment and a conduct related screen based on severe controversies. The Index is calculated on a before tax basis. Lastly, diversification requirements are applied to restrict the proportion of the index invested in any one industry to +/-5% of the industry weights of the FTSE Australia 300 Index, subject to any limitation issues resulting from the exclusionary screening. Details of the benchmark methodology can be accessed by visiting https://www.ftse.com/products/indices/global-choice The Fund may engage in securities lending. Securities lending is a common practice where holders of securities make short term loans of shares in return for a fee, to incrementally increase returns to investors. Strategic asset allocation*
*This is a targeted strategic asset allocation. In addition, cash may be held for the purposes of liquidity management and derivatives may be used to manage market exposure. |