Overview
Description
The Vanguard FTSE North America UCITS ETF is an exchange-traded fund designed to mirror the performance of the FTSE North America Index, a market capitalization-weighted benchmark representing large and mid-cap companies across the United States and Canada. This ETF employs full replication, meaning it invests directly in the underlying constituents of the index, and encompasses sectors such as technology, consumer discretionary, financials, and communication services. Notable holdings include leading North American firms like Apple, Microsoft, NVIDIA, Amazon, and Meta Platforms.
With a focus on diversification and efficient market exposure, the fund accumulates income, reinvesting dividend proceeds rather than distributing them to shareholders. Its ongoing charges are low, at approximately 0.10% of assets, making it a cost-effective vehicle for broad equity exposure. Since its inception in 2019, the ETF has grown steadily in assets and is widely used by investors seeking to participate in the long-term growth prospects of North American equities, while maintaining compliance with EU UCITS regulations for investor protection.
About
Instrument type
ETF
Country
United Kingdom
MIC code
XLON