VEU AU

Vanguard All-World Ex-US Shares INDEX ETF Guide (VEU): What Is It All About?

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Overview

Vanguard All-World Ex-US Shares INDEX ETF (VEU) is an Australian-listed ETF for investors researching international equity exposure. Its reported holdings range from major European and Asian companies to businesses in other regions, while its top ten holdings represent a relatively modest share of the portfolio. The supplied profile also reports quarterly distributions and a 0.1% ongoing charge.

Category

International shares provide exposure to companies and economies beyond an investor’s home market. Returns can differ from Australian and US shares as regional economic conditions, company results, market valuations and currencies change.

The supplied profile reports a 9.839% year-to-date return and a 14.202% one-year return, alongside returns of 18.292% over three years, 10.826% over five years and 10.563% over ten years. These figures describe past performance, which can vary over time and does not indicate future results.

 

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Key facts

Ticker
VEU
Exchange
AU
ISIN
AU000000VEU9
Category / focus
Global Equity
Provider
Vanguard Investments Australia Ltd
Domicile
Australia
Currency
AUD
Inception date
2009-05-08
Use of income
Quarterly
UCITS
No

Costs

TER
0.10%
Ongoing charge
0.10%
Net expense ratio
0.10%
AUM
6.5B

The supplied ongoing charge is 0.1%. Brokerage, bid–ask spreads and any other transaction or account costs may also apply.

Performance

YTD
5.6%
1 year
5.9%
3 years
16.4%
5 years
10.0%
10 years
9.6%
Dividend yield
2.63%
Top 10 concentration
10.4%

Holdings

  1. Taiwan Semiconductor Manufacturing Co. Ltd.1.56%
    Ticker
    2330
    Sector
    Technology
    Country
    Taiwan

  2. ASML Holding N.V.1.32%
    Ticker
    ASML
    Sector
    Technology
    Country
    Netherlands

  3. Novo Nordisk A/S1.32%
    Ticker
    NOVO-B
    Sector
    Healthcare
    Country
    Denmark

  4. Toyota Motor Corp1.02%
    Ticker
    7203
    Sector
    Consumer Cyclical
    Country
    Japan

  5. Nestle S.A.1.03%
    Ticker
    NESN
    Sector
    Consumer Defensive
    Country
    Switzerland

  6. Samsung Electronics Co Ltd0.98%
    Ticker
    005930
    Sector
    Technology
    Country
    Korea

  7. LVMH Moët Hennessy – Louis Vuitton0.84%
    Ticker
    MC
    Sector
    Consumer Cyclical
    Country
    France

  8. Tencent Holdings Ltd0.83%
    Ticker
    0700
    Sector
    Communication Services
    Country
    Hong Kong

  9. Novartis AG0.74%
    Ticker
    NOVN
    Sector
    Healthcare
    Country
    Switzerland

  10. SAP SE0.75%
    Ticker
    SAP
    Sector
    Technology
    Country
    Germany

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The reported top ten holdings account for 10.385% of the portfolio, with Taiwan Semiconductor Manufacturing, ASML and Novo Nordisk among the largest. Financial Services is the largest reported sector allocation at 23.743%, followed by Technology at 19.793%. Geographic exposure is spread across multiple regions, led by Developed Europe at 28.396% and Developed Asia at 17.102%.

Regions

  • Europe Developed26.0%

  • Asia Developed19.1%

  • Japan16.1%

  • Asia Emerging12.6%

  • North America8.1%

  • United Kingdom7.9%

  • Australasia4.1%

  • Africa/Middle East3.1%

  • Latin America2.1%

  • Europe Emerging0.8%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

  • Financial Services23.7%

  • Technology21.6%

  • Industrials14.5%

  • Consumer Cyclicals7.6%

  • Healthcare6.7%

  • Basic Materials6.6%

  • Energy4.8%

  • Consumer Defensive4.6%

  • Communication Services4.3%

  • Utilities2.8%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

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Risks

Who it may suit

VEU may be relevant to investors researching international shares exposure beyond the US who are comfortable with overseas equity-market and currency risks. It is not a complete portfolio on its own, and whether it suits someone depends on their circumstances and objectives.

Key risks

VEU is exposed to international share-market volatility, differences in country and sector performance, and currency movements that can affect Australian-dollar returns. Its portfolio has meaningful exposure to financial services and technology. Past performance and dividend yield are not reliable indicators of future returns or distributions.

FAQ

What kind of exposure does VEU provide?

VEU is an international shares ETF whose name indicates an all-world, ex-US focus. Its reported geographic allocations span developed and emerging regions, with developed Europe the largest allocation in the supplied data.

Does VEU pay distributions?

The supplied profile reports quarterly distributions and a 2.632% dividend yield. Yield can change, and distributions are not guaranteed.

What are the main risks to consider?

The fund is exposed to share-market movements across multiple countries, sectors and currencies. Its returns in Australian dollars may also be affected by exchange-rate changes.

*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.

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