Pennsylvania-headquartered asset manager Vanguard has launched three FTSE Ucits ETFs: a global all-cap fund, a global small-cap fund and an all-word ex-US fund.
The ETFs will list on the London Stock Exchange, Deutsche Börse, Euronext Amsterdam, Borsa Italiana and the Six Swiss Exchange.
The FTSE Global All-Cap Ucits ETF is designed to give investors broad exposure to the full investable equity market through a single fund, including large-, mid- and small-cap companies across developed and emerging markets.
The FTSE Global Small-Cap Ucits ETF provides global small-cap exposure, while the FTSE All-World ex-U.S. Ucits ETF can be an alternative for investors who already hold, or wish to manage separately, their U.S. equity allocation, as well as any investors who want broad exposure to developed and emerging markets outside the U.S.
Jon Cleborne, head of Vanguard Europe, said: “Investors want global equity portfolios that are simple to build, low-cost and flexible enough to meet different allocation needs.
“These new ETFs build on that strength by giving investors more choice in how they access global markets, whether through broad all-cap exposure, dedicated global small-cap exposure, or broad exposure to developed and emerging markets outside the U.S.”
All three funds will be managed by the firm’s global equity group, which manages more than $9.07 trillion in assets.