Vanguard cranks up exit costs on Aussie bond (and other funds)

Discussion in 'Shares & Funds' started by Nodrog, 18th Mar, 2020.

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  1. Nodrog

    Nodrog Well-Known Member

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    Vanguard cranks up exit costs on Aussie bond fund
     
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  2. Redwing

    Redwing Well-Known Member

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    ETF investors defy the virus panic

    Investors in exchange-traded funds (ETF) are staying in the market but shifting to more defensive assets in big numbers, resisting the panic-selling phenomenon across global equity markets.

    Internal data compiled by ETF managers suggest record numbers of investors are piling into products that provide access to bonds and fixed income investments, rather than joining the market sell-off.

    “People are repositioning portfolios but they aren’t pulling out, even though people across the market are selling shares,” Alex Vynokur, managing director of fund manager BetaShares, told The Australian Financial Review

    In the past three to five days, as the global sell-off in equities intensified, the fund manager's Australian Government Bond ETF has seen volumes 50 per cent higher than the corresponding period in 2019. That comes despite the relatively low yields on offer thanks to monetary policy.
     
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  3. Redwing

    Redwing Well-Known Member

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    Bond ETFs Face Toughest Liquidity Test Yet in Virus Turmoil

     
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  4. Perthguy

    Perthguy Well-Known Member

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    I'm not surprised. VAS has always been in my investment strategy but it's been expensive. At $90 I csn afford to buy that many. At $60, it's a whole lot more attractive. I'm not surprised people are buying.
     
  5. Glorion

    Glorion Well-Known Member

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    Absolutely, I'm looking to go big into it once the dust settles, I think there's far more to come!