Vanguard ESG Developed Europe All Cap

ETF description

This ETF tracks the performance of hundreds of companies from all sizes located in developed European countries like the Netherlands, Switzerland, Germany, the UK, France, Spain, and others. It buys shares in these businesses, which operate across many everyday industries such as financial services, healthcare, technology, industrials, and consumer goods, so its value moves with the overall group it follows. The selection process starts with a broad European stock index and then applies screens related to environmental impact, social practices, and company management standards, excluding firms that do not meet certain criteria on these topics.

This ETF might appeal to investors seeking widespread exposure to European shares with added attention to sustainability factors, who are comfortable with typical stock market ups and downs and plan to hold for several years.

Issuer details

Vanguard is the largest provider of mutual funds and the second? largest provider of ETFs in the world.

Vanguard is a major American investment management company headquartered in Malvern, Pennsylvania. It’s known for being the largest provider of mutual funds in the world and the second? largest provider of ETFs after BlackRock’s iShares with over $8trn in global assets under management (as at June 2024). Vanguard was founded in 1975 by John C. Bogle and is notable for its unique ownership structure? —? it is owned by its funds, which in turn are owned by their shareholders. This structure is designed to align Vanguard’s interests with those of its investors, helping to keep costs low.

Index details

The FTSE Developed Europe All Cap Choice Index is a market‑cap weighted benchmark covering large, mid, and small‑cap stocks from developed European markets, derived from the broader FTSE Developed Europe All Cap Index.