Vanguards exchange-traded funds continue to increase in popularity among investors in the United States, the company has reported.
In addition to U.S. expansion, the company has broadened its suite of products to include Australia, Canada and Europe. The first Vanguard ETF also debuted in Hong Kong.
Investors worldwide have become more focused on broad diversification, low investment costs and transparencythe key characteristics of Vanguard index funds and ETFs. It is gratifying to see investors embracing the Vanguard way of investing as we seek to best position them for long-term financial success, said Jim Norris, managing director for Vanguard International in a statement.
The product line that was recently launched in the U.S. includes three low-cost fixed-income ETFs:Vanguard Total International Bond ETF (BNDX), Vanguard Emerging Markets Government Bond ETF (VWOB) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).