Vanguard Australian Corporate Fixed Interest Index ETF

The Vanguard Australian Corporate Fixed Interest Index ETF (VACF) invests in a diverse range of Australian corporate bonds. These are essentially loans made to companies, and the ETF aims to provide investors with regular income through interest payments from these bonds. The investment strategy focuses on tracking the performance of a broad index of high-quality, investment-grade corporate bonds issued in Australia. With a management fee of 0.20%, this ETF offers a cost-effective way for investors to gain exposure to the Australian corporate bond market, aiming for steady income with relatively lower risk compared to shares.