Can Vanguard Australian Shares ETF (ASX:VAS) Steady Nerves?
Highlights The broad domestic fund has tracked the local market down to a fresh low for the year. Heavy weightings in the major banks have driven most of the recent damage. A scheduled index review later this month will reshuffle what the fund actually owns. The Vanguard Australian Shares Index ETF (ASX:VAS) is doing precisely what it was designed to do this week, which is the problem. The local benchmark slid to a fresh low for the year on Thursday in its worst session since June, futures po...




