Payday super changes | Our bond market scoreboard | Dividend versus growth investing

Payday super update, bond market snapshot, dividend vs growth

Having trouble viewing this email? View Online Hi Aris, Welcome to this week's edition of Smart Investing. Find out what the 1 July Payday Super changes mean for your retirement. Explore Vanguard’s fixed interest scoreboard, highlighting the key winners and losers over the past 16 years and what that could mean for investors today. Finally, we unpack dividend versus growth investing, outlining the pros and cons to help you decide which approach may work best for you LATEST INSIGHTS What the Payday Super changes mean for your retirement From 1 July major super reforms are set to take effect. Read article The 16-year bond market scoreboard: Winners, losers and lessons for investors Vanguard’s fixed interest scoreboard shows how bond sectors vary, reinforcing diversification value. Read article Dividend versus growth investing – which option suits you? Picking an investment strategy depends on your life stage, income needs and tax factors. Read article In case you missed it Vanguard to stay grounded on moonshot IPOs Investors worried about the impact of the SpaceX IPO launch on index funds can rely on a more grounded approach. Learn more Record SMSF growth driven by digital access Record SMSF growth driven by AI and digital tools, but admin and compliance challenges persist. Learn more Introducing our female financial literacy program – She likes money Build financial confidence with simple tools, real stories and practical guidance for women. Learn more Connect with Us Manage your preferences or unsubscribe. When you unsubscribe via the link, you will be unsubscribing to all Vanguard Australia marketing emails. Vanguard and its employees wish to acknowledge the Traditional Custodians of Country throughout Australia where we operate our business. We recognise their connection to the land, water and culture and wish to pay our respects to their Elders past, present and emerging. Important information Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263) is the product issuer. We have not taken yours or your clients‘ circumstances into account when preparing this email so it may not be applicable to the particular situation you are considering. You should consider yours and your clients‘ circumstances, and our Product Disclosure Statement (PDS) before making any investment decision or recommendation. Distributors of our products must consider our Target Market Determinations ("TMDs") which describe the investors for whom the product would likely be appropriate and consistent with their objectives, financial situation and needs. You can access our PDSs and TMDs at www.vanguard.com.au or by calling 1300 655 101. Past performance is not an indication of future performance. Our electronic publications are prepared in good faith and we accept no liability for any errors or omissions. Not all articles are prepared by Vanguard so they may not represent our views and opinions. Vanguard Investments Australia Limited is in no way responsible for the content or loss resulting from use of any website owned by a third party that may be linked to this email via a hyperlink. © 2026 Vanguard Investments Australia Ltd. All rights reserved. Use of cookies If you click through to the vanguard.com.au website from this email, a cookie may be placed on your computer to enable Vanguard or our third party service providers to collect information about your use of the vanguard.com.au website to support website performance, enhance site navigation, improve our web design and functionality and tailor our communications to you regarding our products and services. The information collected by Vanguard or our service providers does not include personal information that could be used to identify you such as your name, address, telephone number, email address, or account information. Unless you have adjusted your browser settings so that it will refuse cookies, our system may set cookies when you visit the site. You may choose to remove or disable cookies via your browser. Google Analytics uses data when you access the Vanguard website. For more information, see "HOW GOOGLE USES INFORMATION FROM SITES OR APPS THAT USE OUR SERVICES," located at https://policies.google.com/technologies/partner-sites. You can opt out of being tracked by Google Analytics at the following location: https://tools.google.com/dlpage/gaoptout. To learn more about how Vanguard uses cookies, please visit the Vanguard Cookie Policy. By using our website, you consent to the use of cookies as described above. Please do not reply to this email as it is not monitored. To contact us, please call us on 1300 655 101 between Monday and Friday, 8:00am to 6:00pm (AET). Terms and conditions of use | Disclaimers| Privacy policy | Cookie policy

SpaceX IPO and index funds | Female financial literacy | New report highlights record SMSF growth

SpaceX IPO talk, women’s money confidence, and SMSF growth hits a new high

Having trouble viewing this email? View Online Hi Aris, Welcome to this week's edition of Smart Investing. This week we are looking at the SpaceX IPO and how it may impact index funds.  Did you know only 48% of women feel financially literate? Vanguard has launched a new female financial literacy program, She likes money, to help Australian women build confidence with money.  Finally, 48,500 new SMSFs were established in the 12 months to December 2025 according to the Vanguard Investment Trends 2026 SMSF Investor Report. Learn how SMSFs are changing and the challenges they face. LATEST INSIGHTS Vanguard to stay grounded on moonshot IPOs Investors worried about the impact of the SpaceX IPO launch on index funds can rely on a more grounded approach. Read article Introducing our female financial literacy program – She likes money Build financial confidence with simple tools, real stories and practical guidance for women. Read article Record SMSF growth driven by digital access Record SMSF growth driven by AI and digital tools, but admin and compliance challenges persist. Read article In case you missed it Our investment and economic outlook, May 2026 Our latest forecasts for investment returns and region-by-region economic outlook. Learn more Millions of Australians leaving thousands in super on the table Vanguard research shows Australians missing simple ways to boost retirement savings. Learn more Earnings momentum builds beyond large-cap tech Global earnings growth is broadening beyond tech, driven by AI and emerging markets. Learn more Connect with Us Manage your preferences or unsubscribe. When you unsubscribe via the link, you will be unsubscribing to all Vanguard Australia marketing emails. Vanguard and its employees wish to acknowledge the Traditional Custodians of Country throughout Australia where we operate our business. We recognise their connection to the land, water and culture and wish to pay our respects to their Elders past, present and emerging. Important information Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263) is the product issuer. We have not taken yours or your clients‘ circumstances into account when preparing this email so it may not be applicable to the particular situation you are considering. You should consider yours and your clients‘ circumstances, and our Product Disclosure Statement (PDS) before making any investment decision or recommendation. Distributors of our products must consider our Target Market Determinations ("TMDs") which describe the investors for whom the product would likely be appropriate and consistent with their objectives, financial situation and needs. You can access our PDSs and TMDs at www.vanguard.com.au or by calling 1300 655 101. Past performance is not an indication of future performance. Our electronic publications are prepared in good faith and we accept no liability for any errors or omissions. Not all articles are prepared by Vanguard so they may not represent our views and opinions. Vanguard Investments Australia Limited is in no way responsible for the content or loss resulting from use of any website owned by a third party that may be linked to this email via a hyperlink. © 2026 Vanguard Investments Australia Ltd. All rights reserved. Use of cookies If you click through to the vanguard.com.au website from this email, a cookie may be placed on your computer to enable Vanguard or our third party service providers to collect information about your use of the vanguard.com.au website to support website performance, enhance site navigation, improve our web design and functionality and tailor our communications to you regarding our products and services. The information collected by Vanguard or our service providers does not include personal information that could be used to identify you such as your name, address, telephone number, email address, or account information. Unless you have adjusted your browser settings so that it will refuse cookies, our system may set cookies when you visit the site. You may choose to remove or disable cookies via your browser. Google Analytics uses data when you access the Vanguard website. For more information, see "HOW GOOGLE USES INFORMATION FROM SITES OR APPS THAT USE OUR SERVICES," located at https://policies.google.com/technologies/partner-sites. You can opt out of being tracked by Google Analytics at the following location: https://tools.google.com/dlpage/gaoptout. To learn more about how Vanguard uses cookies, please visit the Vanguard Cookie Policy. By using our website, you consent to the use of cookies as described above. Please do not reply to this email as it is not monitored. To contact us, please call us on 1300 655 101 between Monday and Friday, 8:00am to 6:00pm (AET). Terms and conditions of use | Disclaimers| Privacy policy | Cookie policy

Our investment and economic outlook | Australians leaving thousands in super on the table | Earnings momentum builds beyond large-cap tech

Market outlook, boost your super and small-caps drive earnings

Having trouble viewing this email? View Online Hi Aris, Welcome to this week's edition of Smart Investing. This week see our latest forecasts for investment returns and a region-by-region economic outlook. We explore simple ways Australians can boost their retirement savings and finally Vanguard Senior Global Economist, Kevin Khang looks at how global earnings growth is broadening beyond large-cap tech, with momentum coming from AI investment and emerging markets LATEST INSIGHTS Our investment and economic outlook, May 2026 Our latest forecasts for investment returns and region-by-region economic outlook. Read article Millions of Australians leaving thousands in super on the table Vanguard research shows Australians missing simple ways to boost retirement savings. Read article Earnings momentum builds beyond large-cap tech Global earnings growth is broadening beyond tech, driven by AI and emerging markets. Read article In case you missed it Why more young Australians are turning to ETFs New research from Vanguard Australia shows that nearly half of Gen Z and Millennials (45%) are already investing. Learn more The case of Unlucky Steve, who bought before every crash Even worst-timed investors over 25 years still more than tripled their money. Learn more Vanguard Australia becomes first issuer to reach $100 billion in ETF assets ETF growth in Australia surges as investors demand low-cost, diversified investments. Learn more Connect with Us Manage your preferences or unsubscribe. When you unsubscribe via the link, you will be unsubscribing to all Vanguard Australia marketing emails. Vanguard and its employees wish to acknowledge the Traditional Custodians of Country throughout Australia where we operate our business. We recognise their connection to the land, water and culture and wish to pay our respects to their Elders past, present and emerging. Important information Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263) is the product issuer. We have not taken yours or your clients‘ circumstances into account when preparing this email so it may not be applicable to the particular situation you are considering. You should consider yours and your clients‘ circumstances, and our Product Disclosure Statement (PDS) before making any investment decision or recommendation. Distributors of our products must consider our Target Market Determinations ("TMDs") which describe the investors for whom the product would likely be appropriate and consistent with their objectives, financial situation and needs. You can access our PDSs and TMDs at www.vanguard.com.au or by calling 1300 655 101. Past performance is not an indication of future performance. Our electronic publications are prepared in good faith and we accept no liability for any errors or omissions. Not all articles are prepared by Vanguard so they may not represent our views and opinions. Vanguard Investments Australia Limited is in no way responsible for the content or loss resulting from use of any website owned by a third party that may be linked to this email via a hyperlink. © 2026 Vanguard Investments Australia Ltd. All rights reserved. Use of cookies If you click through to the vanguard.com.au website from this email, a cookie may be placed on your computer to enable Vanguard or our third party service providers to collect information about your use of the vanguard.com.au website to support website performance, enhance site navigation, improve our web design and functionality and tailor our communications to you regarding our products and services. The information collected by Vanguard or our service providers does not include personal information that could be used to identify you such as your name, address, telephone number, email address, or account information. Unless you have adjusted your browser settings so that it will refuse cookies, our system may set cookies when you visit the site. You may choose to remove or disable cookies via your browser. Google Analytics uses data when you access the Vanguard website. For more information, see "HOW GOOGLE USES INFORMATION FROM SITES OR APPS THAT USE OUR SERVICES," located at https://policies.google.com/technologies/partner-sites. You can opt out of being tracked by Google Analytics at the following location: https://tools.google.com/dlpage/gaoptout. To learn more about how Vanguard uses cookies, please visit the Vanguard Cookie Policy. By using our website, you consent to the use of cookies as described above. Please do not reply to this email as it is not monitored. To contact us, please call us on 1300 655 101 between Monday and Friday, 8:00am to 6:00pm (AET). Terms and conditions of use | Disclaimers| Privacy policy | Cookie policy