Vanguard Australian Shares High Yield ETF Company Overview

Vanguard Australian Shares High Yield ETF (ASX:VHY) is an exchange-traded fund (ETF) that seeks to track the return of the FTSE Australia High Dividend Yield Index, before taking into account fees, expenses and tax. The ETF provides investors with exposure to Australian companies that are expected to pay high dividends in the future. VHY's operations are simple and straightforward. It invests all of its assets in a diversified portfolio of Australian shares that are selected based on their expected dividend yields. VHY's manager, Vanguard Investments Australia, is responsible for rebalancing the ETF's portfolio regularly to ensure that it remains aligned with the FTSE Australia High Dividend Yield Index. VHY is currently working on one key project: expanding its product offering to include other high-yield ETFs, such as a US dollar high-yield ETF and a Chinese yuan high-yield ETF.