Vanguard launched a new ESG ETF in March – the Vanguard ESG Global All Cap UCITS ETF, an accumulating, Ireland-domiciled ETF that’s listed on the London Stock Exchange similar to its sibling VWRA.
Frequent readers will know how much I love VWRA, I even dedicated a full post talking about it and why it is 80% of my DIY stock portfolio, the other 20% is in REITs because I also like passive income from collecting rent.
V3AA is basically VWRA with ESG characteristics. It takes a passive investment approach with an indexing strategy, and seeks to track the performance of the FTSE Global All Cap Choice Index.
The FTSE Global All Cap Choice Index is a market-capitalisation-weighted index composed of large, mid, and small-cap stocks of companies located in markets around the world – hence the name all-cap.
It is constructed from the FTSE Global All Cap Index which is then screened for certain environmental, social, and corporate governance criteria by the sponsor of the Index.