Sunday, April 19, 2009

Vanguard FTSE All-World ex-US Small-Cap ETF lists on NYSE Arca

NYSE Euronext (NYX quote) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the Vanguard FTSE All-World ex-US Small-Cap ETF. The fund, sponsored by Vanguard, trades under the ticker symbol “VSS holdings” and is the only international small-cap ETF to cover both developed and emerging international markets.

The product allows investors to further diversify their portfolios at a low cost.
Vanguard FTSE All-World ex-US Small-Cap ETF seeks to track the performance of a benchmark index that measures the investment return of stocks of international small-cap companies. The Fund employs a "passive management"--or indexing--investment approach designed to track the performance of the FTSE Global Small Cap ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international small-capitalization stocks. The Index includes approximately 3,300 stocks of companies located in 47 countries, including both developed and emerging markets.

“NYSE Euronext is proud to welcome the Vanguard FTSE All-World ex-US Small Cap ETF, which compliments the currently listed family of Vanguard ETFs listed on NYSE Arca,” said NYSE Euronext Senior Vice President, Global Exchange Traded Products and Index Services, Lisa Dallmer. “Today’s listing of VSS reinforces our commitment to building the ETF marketplace and to providing investors the opportunity to broaden their portfolios.”
The launch brings the number of Vanguard’s ETFs to 39, with aggregate assets of nearly $45 billion. All are currently listed on NYSE Arca.

The fund’s prospectus and other fund information are available at www.vanguard.com.

Disclosure I own shares of VSS.

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