Vanguard unveils first low-cost active ETFs range for UK

Ongoing charges of 22bps

Vanguard Asset Management has launched four actively-managed low-cost exchange traded funds (ETF) in the UK, offering exposure to a range of investment factors.

The new offering will be the company's first active ETFs listed on the London Stock Exchange and will be managed by its quantitative equity group. The products will offer global equity exposure to four factor investment strategies - value, momentum, liquidity and minimum volatility - aiming to achieve attractive premiums for investors over the long term. The firm is launching the following four products, each with an ongoing charge of 0.22%: • Vanguard Global Value Factor UCITS ETF This fund aims to capture the potential premiums of low-valued stocks, which look inexpensive comp...