Overview
Description
The Vanguard Ethically Conscious International Shares Index Fund is an equity-based investment fund designed to provide investors with broad, diversified exposure to international shares from major developed economies, while adhering to ethical investment principles. The fund tracks the FTSE Developed ex Australia Choice Index, which uses market capitalization weighting and incorporates environmental, social, and governance (ESG) criteria to exclude companies involved in industries such as tobacco, controversial weapons, fossil fuels, and others that do not align with widely recognized ethical standards.
The primary function of the fund is to deliver the performance of international developed markets, excluding Australia, with an overlay of ethical screening. It invests mainly in global equities, offering investors an avenue to access markets such as North America, Europe, and Asia Pacific with a responsible investment focus. Notable holdings often include leading technology, finance, and industrial companies that meet the index’s ESG criteria.
Within the financial market, the fund plays a significant role for individuals and institutional investors seeking low-cost, passive exposure to ethically screened international equities. Managed by Vanguard, it is structured to minimize costs through a passive management approach, making it a popular choice for those prioritizing both diversification and ethical considerations in their portfolios.
About
Address
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Phone
+61 1300655101
Website
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Instrument type
ETF
Country
Australia
MIC code
XASX