Vanguard announces new ETF suite

The ETFs, named as the conservative (VDCO), balanced (VDBA), growth (VDGR) and high growth (VDHG), offer a single trade access for investors with 0.27 per cent annual investment costs.

According to Vanguard Australia’s head of product and marketing Evan Reedman, these Diversified Index ETFs will benefit a wide range of investors as is a first in the Australian market.

“This will make investing a far more accessible and transparent option for many Australians, and ultimately help them achieve their financial goals,” Mr Reedman added.

Vanguard has also stated that the ETFs will enable investors to access more than 5,000 fixed income securities and an estimated 6,500 individual companies.