Vanguard Global Value Equity Fund

Vanguard Australia has added active funds to its product line-up in Australia with the initial launch of three quantitative active funds, including the Vanguard Global Value Equity Fund (the Fund).

The investment objective of the Fund is to provide long term capital appreciation through an active approach that invests in global equity securities demonstrating value characteristics.

Commenting on the launch, Vanguard Australia managing director Colin Kelton said: "Vanguard has a long-held conviction that there is a role for both index and active investments in a portfolio, and we are excited to offer Australian investors low-cost solutions in both active and index funds."

He added: "Our first active products are quantitative equity strategies and they bear the hallmarks of all Vanguard funds, diversification and low cost."

The other two funds launched are the Vanguard Global Quantitative Equity Fund and the Vanguard Global Minimum Volatility Fund.