Vanguard FTSE North America

ETF description

This ETF aims to provide exposure to large and mid‑sized companies in North America, specifically those listed on stock exchanges in the United States and Canada. By tracking an index that represents these companies, this ETF offers investors a diversified way to participate in the North American market.

Investors can benefit from a broad range of sectors, including technology, healthcare, consumer goods, and financial services, which can help reduce the risk associated with investing in individual stocks. This ETF may appeal to those looking to capitalize on the economic strengths of North American markets, particularly the robust growth seen in sectors like technology and finance.

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 North America index offers investors exposure to large and mid‑cap companies from the United States and Canada, encompassing a wide range of sectors and industries. With its focus on stable and developed markets, the index provides opportunities for investors to participate in the growth and stability of the North American economy. Funds tracking this index are commonly used by investors seeking to capitalize on opportunities within the U.S. and Canadian markets or to benchmark their North American equity investments against broader market performance.