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The Fund employs a passive management investment approach and seeks to track the performance of the FTSE Emerging All Cap Choice Index (the “Index”). The Fund attempts to track the Index by investing in all the constituent stocks of the Index, making the weight of such investments approximate the Index. The Index is a market-capitalisation-weighted index composed of large-, mid- and small-cap stocks of companies located in Emerging Markets around the world. The Index is constructed from the FTSE Emerging All Cap Index, which is screened for environmental, social and governance criteria, including controversial conduct and involvement in certain activities such as tobacco, non-renewable energy, weapons, gambling and fossil fuels. The Fund seeks to remain fully invested and may use derivatives to reduce risk or costs and/or generate income or growth.
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VS
The Fund employs a passive management approach and seeks to track the performance of the FTSE Emerging All Cap Choice Index (the “Index”). The Fund seeks to track the Index by investing in stocks that make up the Index, using physical replication. The Index is a market-capitalisation-weighted index composed of large-, mid- and small-cap stocks of companies located in Emerging Markets around the world. It is constructed from the FTSE Emerging All Cap Index, which is screened according to environmental, social and governance criteria, including controversial conduct and involvement in certain activities such as tobacco, alcohol, gambling, weapons, fossil fuels and non-renewable energy. The methodology also excludes stocks that do not meet certain United Nations Global Compact Principles and promotes companies with positive social and environmental characteristics.
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Key takeaways

£V3MM pays dividends to shareholders (distributing), while £V3MB reinvests them (accumulating); £V3MB is also larger, at £113.0 million versus £23.0 million. Both are GBP-denominated Vanguard funds with 0.19% annual charges, listed on the London Stock Exchange, and track the same benchmark.

Fund highlights

Fund comparison highlights
Fund name
Vanguard ESG Emerging Markets All CapVanguard ESG Emerging Markets All Cap
GBP
GBP
USD
USD
DistributingAccumulating
Fund size
£17M£85M
0.850.85
Last price
£6.21£6.78
0.19%0.19%
Fund manager
VanguardVanguard
Benchmark
FTSE Emerging All Cap Choice Index Net in USDFTSE Emerging All Cap Choice Index Net in USD
Risk
Ticker
£V3MM£V3MB
Primary listing
LSELSE
Documents
Costs disclosure document
Costs disclosure document
Market data provided by CBOE Europe and Deutsche Börse.

Performance

CumulativeRolling yearsLump sum investment

Sector exposure

ChartTable
£V3MM
£V3MB

Top holdings

Taiwan Semiconductor Manufacturing Co Ltd

19.34%

Alibaba Group Holding Ltd

2.63%

Mediatek Inc

2.32%

Delta Electronics Inc

1.17%

China Construction Bank Corp

1.13%

Hon Hai Precision Industry Co Ltd

0.98%

Hdfc Bank Ltd

0.86%

Industrial & Commercial Bank Of China Ltd

0.80%

Icici Bank Ltd

0.75%

Other

70.02%

Taiwan Semiconductor Manufacturing Co Ltd

19.34%

Alibaba Group Holding Ltd

2.63%

Mediatek Inc

2.32%

Delta Electronics Inc

1.17%

China Construction Bank Corp

1.13%

Hon Hai Precision Industry Co Ltd

0.98%

Hdfc Bank Ltd

0.86%

Industrial & Commercial Bank Of China Ltd

0.80%

Icici Bank Ltd

0.75%

Other

70.02%

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