Vanguard Investments Australia announces distribution

Vanguard Investments Australia (ASX:VEU) has revealed the final distribution amount for its Vanguard All-World ex-US Shares Index ETF. The distribution per unit is set at US$0.9403. Key dates include the Ex Distribution Date on 20 December 2024, Record Date on 23 December 2024, Foreign Exchange Date on 16 January 2025, and Payment Date on 22 January 2025. Australian CDI holders will receive their payments in Australian dollars.

Overview of Vanguard's distribution and investor information

Vanguard Investments Australia (ASX:VEU) has announced the distribution details for its Vanguard All-World ex-US Shares Index ETF, setting the distribution per unit at US$0.9403. Key dates for investors include the Ex Distribution Date, Record Date, and Payment Date, spanning from December 2024 to January 2025. Australian CDI holders will receive distributions in local currency, and distribution reinvestment is not available for this ETF. Investors are advised to update their bank details with Computershare to ensure timely payments. CDI cancellation requests on the Record Date will be deferred to the next business day. Vanguard continues to emphasize the importance of considering personal circumstances and accessing relevant investment documentation before making decisions. Target Market Determinations are accessible on Vanguard's website, providing further insights into product suitability.

Executive commentary on distribution announcement

The distribution is announced in US dollars, but Australian CDI holders will receive it in Australian dollars, considering the foreign exchange rate on 16 January 2025. It is important for investors to ensure their bank details are updated with the registrar, Computershare, before the Record Date to facilitate prompt payments.' 'Due to time zone and settlement period differences between the US and Australia, CDI cancellation requests received on 23 December 2024 will be deferred and processed on 24 December 2024. Vanguard has received a waiver from ASX Settlement Operating Rules 13.9.4 to manage this process.