Why is Vanguard’s US Total Market ETF (ASX:VTS) in focus?
Highlights Vanguard has converted the latest US dollar distribution for its broad US equities fund into Australian dollars. The payment to unitholders is scheduled for early next week, with a statement to follow on the day. A softer Australian dollar has shaped how much local unitholders receive for each unit. Currency markets rarely make headlines for ETF unitholders, yet this week they have quietly shaped the payout from the Vanguard US Total Market Shares Index ETF (ASX:VTS). The fund, off...