Vanguard Introduces Low-Cost Europe Pacific ETF
With an expense ratio of 0.15% and 1,134 holdings, the new exchange-traded fund (ETF) is the most broadly diversified, lowest-cost ETF available today that seeks to track the MSCI EAFE Index, a benchmark of stocks from 21 developed foreign countries, according to a news announcement.
The Vanguard Europe Pacific ETF is a share class of the Vanguard Tax-Managed International Fund, the announcement said. Vanguard’s family of ETFs now includes 33 stock and bond offerings.
Vanguard also announced it has recently filed a registration statement with the SEC for Vanguard Extended Duration Treasury Index Fund, which will offer an ETF share class and is expected to launch later this year. In addition, the firm has filed for exemptive relief to offer four active bond ETFs.
More information can be found here.