asset_category: Large Cap Currency Hdg
peer_benchmark: (ETF) Global Equities - Large Cap Currency Hdg Index
broad_market_index: World Developed Investable Markets Hdg Index
manager_contact_details: Array
ticker: VGAD
release_schedule: NO COMMENTARY
commentary_block:
factsheet_url:
fund_features:
The Vanguard MSCI Index International Shares (Hedged) ETF seeks to track the return of the MSCI World ex-Australia (with net dividends reinvested) hedged into Australian dollars Index, before taking into account fees, expenses and tax. The Fund meets its investment objective by investing in the Vanguard International Shares Index Fund, forward foreign exchange contracts and futures traded on a licensed exchange. Vanguard may, at its discretion, commence investing directly in the securities that are, have been or are expected to be in the index.
- The Fund is exposed to all of the securities in the index most of the time, allowing for individual security weightings to vary marginally from the index from time to time.
- May be exposed to securities that have been removed from or are expected to be included in the index.
- Futures traded on a licensed exchange may be used to gain market exposure without investing directly in securities. This allows Vanguard to maintain the Fund’s liquidity without being under-invested.
structure: ETF