Products December 15, 2006

Vanguard to Offer ETF Shares for New FTSE Index Fund

The Vanguard Group will offer ETF shares for its new FTSE All-World ex USA Index Fund, which is expected to be available in the first quarter of 2007, the investment company has announced.
Reported by

A Vanguard news release said the fund will seek to track the performance of the FTSE All-World ex USA Index, a float-adjusted, market-capitalization-weighted index designed to measure the performance of developed and emerging markets outside the United States.

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

The fund will invest in a broadly diversified sampling of the target benchmark, which comprises more than 2,000 large- and mid-cap stocks of companies in 48 foreign countries, according to the announcement.The offering will also feature Institutional and Investor Shares.

Vanguard began offering ETFs in 2001 and now manages more than $20 billion in exchange-traded fund assets, according to the company. The firm features 27 ETF products, including four launched in 2006:

  • Vanguard Dividend Appreciation ETF,

  • Vanguard Mid-Cap Value ETF,

  • Vanguard Mid-Cap Growth ETF, and

  • Vanguard High Dividend Yield ETF.

All Vanguard ETFs trade on the American Stock Exchange.

Data & Research December 15, 2006

A Third of Online Investors Flag Year End Gains for Retirement

Nearly one-third (27%) of online investors plan to focus some or all of their end-of-year investment gains on retirement and 22% plan to put them into savings.
Reported by

However, the majority (63%) plan to reinvest those gains in an online brokerage account. Significantly smaller numbers of the nearly 400 online investors surveyed by The Link Group for Scottrade plan to use the money to buy a home (14%), make a personal purchase (11%), or give to a charitable organization (6%).

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

The survey asked investors what they would do if they cashed in their investments. (Each participant was allowed to select multiple responses.) The options were:

  • Reinvest it in an online brokerage account (63%)

  • Use it for retirement (27%)

  • Put it into savings (22%)

  • Purchase a home (14%)

  • Reinvest in a full service brokerage account (14%)

  • Make a personal purchase (11%)

  • Invest in my own business (10%)

  • Use it for a vacation (9%)

  • Use it for fun/leisure activities (7%)

  • Give it to a charitable organization (6%)

  • Other (6%)

«