Vanguard FTSE North America UCITS ETF (USD) Accumulating

Vanguard FTSE North America UCITS ETF (USD) Accumulating is an exchange-traded fund that tracks the FTSE North America Index, a market capitalization-weighted benchmark comprising large- and mid-cap companies from the United States and Canada. Launched in July 2019 and domiciled in Ireland, it employs a passive indexing strategy through physical replication and representative sampling, holding approximately 585 stocks with a heavy emphasis on the technology sector, including top holdings like NVIDIA Corp, Apple Inc, and Microsoft Corp, which together represent over 20% of the portfolio. As an accumulating ETF, it reinvests dividends rather than distributing them, enhancing long-term compounding while denominated in USD with unhedged currency exposure. With a low total expense ratio of 0.08% p.a. and a substantial fund size exceeding €2 billion, it offers European investors efficient access to North American equities, primarily the U.S. (95%) and Canada (5%), spanning diversified sectors such as technology, consumer discretionary, and financials. This ETF plays a key role in providing cost-effective, broad-market exposure to the dynamic North American economy.