Vanguard FTSE 100

ETF description

This ETF seeks to track the performance of the FTSE 100 index and is comprised of large‑sized company stocks in the UK. This ETF tracks the performance of the index by investing in all constituent securities of the index in the same proportion as the index. Where not practicable to fully replicate, the fund will use a sampling process.

Investors seeking focused exposure to the UK market while benefiting from diversification across major industry sectors.

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 100 index represents the performance of the 100 largest companies listed on the London Stock Exchange. With its focus on large‑cap companies across various sectors, the index provides investors with exposure to the UK’s leading businesses and serves as a key benchmark for the British stock market.