Vanguard has launched a new Australian Fixed Interest Index Exchange Traded Fund (ETF) giving additional choice within its low cost asset range.
The ETF offers investors access to a range of fixed income securities at a cost of 0.20 per cent and includes allocations to government, semi-government and corporate bonds.
Vanguard’s new ETF share class tracks the UBS Composite Bond Index and has begun trading under the ticker code VAF.
The ETF aims to provide investors with a low-cost way to access the ASX while lowering and managing risk.
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