• Vanguard will continue to strive to deliver value for our clients.
  • Vanguard founder Jack Bogle’s client-first focus remains a core part of our philosophy going forward.
  • We will keep evolving to meet investor demands.


* What sets Vanguard apart – and lets us put investors first around the world – is our ownership structure in the US. Rather than being publicly traded or owned by a small group of individuals, Vanguard Group Inc. (VGI) is owned by Vanguard’s US-domiciled funds, which, in turn, are owned by their investors. While we cannot replicate this structure in Europe, we believe that this unique mutual structure aligns Vanguard’s interests with those of our investors globally and drives the culture, philosophy and policies throughout the Vanguard organisation worldwide. As a result, investors benefit from Vanguard’s stability and experience, low costs and client focus.

Investment risk information

The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

Important information

For professional investors only (as defined under the MiFID II Directive) investing for their own account (including management companies (fund of funds) and professional clients investing on behalf of their discretionary clients). In Switzerland for professional investors only. Not to be distributed to the public.

The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information does not constitute legal, tax, or investment advice. You must not, therefore, rely on it when making any investment decisions.

The information contained herein is for educational purposes only and is not a recommendation or solicitation to buy or sell investments.

Issued in EEA by Vanguard Group (Ireland) Limited which is regulated in Ireland by the Central Bank of Ireland.

Issued in Switzerland by Vanguard Investments Switzerland GmbH.

Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority.

Issued in EEA by Vanguard Group Europe Gmbh, which is regulated in Germany by BaFin.

© 2024 Vanguard Group (Ireland) Limited. All rights reserved.

© 2024 Vanguard Investments Switzerland GmbH. All rights reserved.

© 2024 Vanguard Asset Management, Limited. All rights reserved.

© 2024 Vanguard Group Europe GmbH. All rights reserved.