Asset manager Vanguard has expanded its European ETF range with the launch of four US equity Ucits ETFs.
The new funds are the Vanguard Russell 1000 US Growth Ucits ETF, Vanguard Russell 1000 US Value Ucits ETF, Vanguard Russell US Mid-Cap Ucits ETF and Vanguard Russell 2000 US Small-Cap Ucits ETF.
The ETFs aim to provide investors with opportunities to diversify US equity allocations, allowing them to target specific segments of the market including growth, value, mid-cap and small-cap stocks.
Growth strategies can provide greater exposure to technology and AI-related companies, while value strategies may help diversify portfolios away from the market segments that have driven recent returns, according to Vanguard. The addition of mid and small-cap funds also broadens diversification opportunities beyond large-cap equities, it added.
The four ETFs will be listed on the London Stock Exchange, Deutsche Börse, Euronext Amsterdam, Borsa Italiana and SIX Swiss Exchange.
