Vanguard ETFs go live on London Stock Exchange

May 23rd, 2012 | By | Category: Equities

Vanguard’s initial five ETFs have been admitted to trading on the London Stock Exchange (LSE). The listing formally marks Vanguard’s debut in the UK ETF market.

Vanguard ETFs go live on London Stock Exchange

Tom Rampulla, Managing Director of Vanguard.

As we reported last week, the five funds have total expense ratios (TERs) of between 0.09% and 0.45% and offer exposure to equities and bonds. (See Vanguard undercuts rivals with low-cost London-listed ETF range).

The five funds are the Vanguard FTSE 100 ETF (VUKE), the Vanguard S&P 500 ETF (VUSA), the Vanguard FTSE Emerging Markets ETF (VFEM), the Vanguard FTSE All-World ETF (VWRL), and the Vanguard UK Government Bond ETF (VGOV).

Tom Rampulla, Managing Director of Vanguard, said: “Vanguard’s ETFs are a natural extension of our current range; and offer investors a low-cost way to access broadly diversified stock and bond investments.  Our objective is to provide clients the best investment product in a way that works for them.”

Rampulla added: “We manage both our traditional funds and ETFs using the same philosophy, process and people.  Physically-backed ETFs are simple, straightforward and easy to understand – it’s the Vanguard way. We believe that through our experience and indexing expertise, Vanguard offers a unique combination of low-cost, tight-tracking ETFs from a provider that investors know and trust.”

Meanwhile, Pietro Poletto, Head of Exchange Traded Products at the London Stock Exchange Group, said: “The range of ETFs available to investors accessing our markets continues to grow. Today we are delighted to welcome one of the world’s leading asset management firms, Vanguard, as a new ETF issuer on our markets. We continue to be the leading European exchange for ETFs, and are committed to providing investors with an evermore liquid, competitive marketplace.”

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