Vanguard plans to launch Vanguard ESG U.S. Corporate Bond ETF

By Sarah Lizee

Olympia, Wash., July 9 – Vanguard announced plans to launch the Vanguard ESG U.S. Corporate Bond ETF, the company’s first ESG-focused fixed income product for U.S. investors.

The fund is expected to launch in September, and Vanguard’s fixed income group will serve as the fund’s adviser, according to a press release.

The ETF will have an estimated expense ratio of 0.12% and seek to track the Bloomberg Barclays MSCI US Corporate SRI Select index, a rules-based index that captures a broad cross-section of the U.S. corporate bond market and screens out the bonds of companies whose activities that do not meet specific ESG criteria.

Vanguard is a Valley Forge, Pa.-based investment management company and provider of company-sponsored retirement plan services.

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