Vanguard’s new fixed interest ETF began trading on the ASX today under the ticker code VAF.
VAF provides investors with an efficient way to access a diverse range of high quality Australian fixed income securities at a management cost of just 0.20 per cent.
Stephen Howard, head of Fixed Income at Vanguard Australia said: “This new ETF joins our Government Bond ETF which we launched earlier this year, broadening the choice for ETF investors seeking to diversify their portfolio with this defensive asset class.
“VAF is a broad market ETF which includes allocations to Australian government, semi-government and corporate bonds.”
ETFs for Australian investors to nine, with over half a billion in funds under management as at 30 September 2012.
