| | | In this edition | | | | | Independent exchange-traded fund researcher Deborah Fuhr describes ETFs as the most democratic investment product. | | | | | | | | | | Typically, members of the sandwich generation face saving for their own retirement while trying to provide for emotional and often financial needs of their adult children and increasingly-fragile parents. | | | | | | | | | | Uncertainty surrounding international relations and the economy is fuelling anxiety among investors in Australia and abroad. Vanguard CEO Bill McNabb says it's important to remember that uncertainty and risk are inherent aspects of investing. | | | | | | | | | | | | Vanguard in the news | | Doubling up: Getting active and passive | Tony Kaye | 25 October 2017 | Vanguard's recently published white paper, Making the implicit explicit - a framework for the active-passive decision, discusses how it shouldn't be a case of avoiding actively managed products altogether but rather having a combination of both active and index funds. To read more, please visit the Eureka Report website. | | Please note the link above will show a copy of the article (where freely available), or the publisher's website if a subscription is required. | | | | | | Client Services Online: Click here to see contact details for the Vanguard Client Services Team around Australia. Client service associates are available from 8:00am to 6:00pm, Monday to Friday (Melbourne time). Email: clientservices@vanguard.com.au Telephone: 1300 655 101 8:00am - 6:00pm Monday to Friday, Melbourne time. Vanguard ETF Trading & Support Team: 1300 655 888 8:00am - 6:00pm Monday to Friday, Melbourne time. Unsubscribing from this email: To unsubscribe from Smart Investing, please click here or contact us on 1300 655 101. Vanguard Investments Australia Ltd ABN 72 072 881 086 / AFS Licence 227263 is the product issuer. We have not taken your or your clients' circumstances into account when preparing the information in our electronic publications so they may not be applicable to your circumstances. You should therefore consider your or your clients' circumstances and our Product Disclosure Statement (PDS) before making any investment decision. You can access our PDS here 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 hyperlink. 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 data when you use our partners' sites or apps," located at www.google.com/policies/privacy/partners. 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.
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