Vanguard Charitable unveils three international investment pools
New single-fund pools cover Europe, Pacific and emerging markets.
The Vanguard Charitable Endowment Program, one of the largest
charitable investment providers in the USA has added three
international options to its investment pool line-up: European
Stock Pool, Pacific Stock Pool, and Emerging Markets Stock Pool.
The new single-fund pools comprise Vanguard mutual funds and invest
in a range of international equity market segments.
"The three new investment pools bring an increased international
dimension to Vanguard Charitable's existing options," said Vanguard
Charitable president Benjamin Pierce. "They provide additional
diversification and offer a low-cost way for donor-advised accounts
to gain equity exposure to both developed and emerging
The European Stock Pool seeks to provide low-cost exposure to
European stock markets by investing in more than 400 stocks across
the region, which makes up roughly half of the non-US equity
marketplace. The Pacific Stock Pool targets the developed countries
of the Pacific region, particularly Japan, by investing in some 500
stocks throughout the area. The Emerging Markets Pool, meanwhile,
looks to gain equity exposure to emerging markets by including a
fund that invests in companies in 21 emerging market countries,
including Brazil, Russia, India and China.
The addition of the new pools is in line with Vanguard's
strategic investment methodology, which has recently included
increased exposure to international equities. In April, Vanguard
Charitable added the Vanguard Total International Stock Index Fund
to three multi-fund pools available to donor-advised accounts
(Conservative Growth, Moderate Growth, and Growth) and increased
international exposure in the Total Equity multi-fund pool from 20%
Vanguard Charitable is a public charity established to increase
philanthropy across the United States. Through its donor-advised
fund and the individual donor-advised accounts that aggregate to
comprise the fund, Vanguard Charitable works with individual and
corporate donors to coordinate their philanthropic planning.