Vanguard FTSE All-World ex US Index Fund (VEU) dominates this space with assets worth $11.6 billion. The fund seeks to track the FTSE All-World ex US Index, giving investors exposure to a basket of 2,200 stocks in 46 countries, from both developed and emerging markets around the world. The fund charges 15 basis points as fees.
iShares MSCI ACWI Index Fund (ACWI), Vanguard Total World Stock ETF (VT), Vanguard Total International Stock ETF (VXUS) and iShares S&P Global 100 Index Fund (IOO) are some of the other funds focusing on the global equities space.
Though slightly expensive, the newly launched product is worthwhile for investors seeking to participate in the global recovery and looking to add diversification benefits to their portfolio.
This article is brought to you courtesy of Eric Dutram.