Vanguard Australian Property Securities Index ETF

The Vanguard Australian Property Securities Index ETF (VAP) invests in a diversified portfolio of property securities listed on the Australian Securities Exchange. This means it includes shares of companies involved in owning and managing real estate, like shopping centres, office buildings, and industrial properties. The key investment strategy of VAP is to closely match the performance of the Australian property market by holding a broad range of property-related stocks. With a management fee of 0.23%, this ETF offers a cost-effective way for investors to gain exposure to the Australian property sector without directly buying real estate.