Vanguard Developed Europe ex UK

ETF description

This ETF is designed to track the performance of large and mid‑sized companies from developed European countries, excluding the United Kingdom. It provides exposure to a wide range of industries across Europe, including countries like Germany, France, and Switzerland. By holding shares in various companies across multiple sectors, this ETF offers a way to invest in the overall performance of Europe’s developed economies, outside of the UK.

This type of ETF may appeal to investors who are interested in diversifying their portfolio by gaining exposure to European markets without including the UK. It allows investors to access a broad set of industries, such as manufacturing, healthcare, and financial services, spread across different countries.

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 Developed Europe ex UK index offers investors exposure to large and mid‑cap companies from developed European countries, excluding the UK. With focus on the diverse and dynamic economies of continental Europe, the index provides opportunities for regional diversification and sector exposure.