Vanguard VLC ETF (ASX:VLC)
The Vanguard VLC ETF provides exposure to the MSCI Australian Shares Large Cap Index. This index is a ‘free float-adjusted market capitalization index’ which provides investors with exposure to the largest companies on the ASX.
What does the VLC invest in?
The VLC ETF invests in large-cap Australian shares, which offer growth and income potential. You could buy all of these companies yourself using a share brokerage account, but that would be a very expensive and time-consuming process. ETFs are an effective way to invest in an entire sector through a single trade.
What do investors use VLC for?
The VLC ETF could be used by investors looking to gain focused exposure to Australia’s largest public companies. These Australian companies are likely to grow their profits over time and have a track record of paying regular, tax-effective dividends to their shareholders.
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