ETF SPOTLIGHT

ETF Perspectives: Vanguard insights for financial advisors™ Fall 2018

The Fall 2018 issue of ETF Perspectives explores how using strategic model portfolios can help advisors streamline their practices and focus on deeper wealth management, while at the same time potentially increase the chances of clients reaching their goals.

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Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.

All investing is subject to risk, including possible loss of principal.