Global shares
VGE
Vanguard FTSE Emerging Markets Shares ETF · Vanguard
A very broad basket of thousands of companies from developing economies — places like China, Taiwan, India and Brazil — held together in one parcel.
What the fee costs you
The management fee is 0.48% a year. Here’s what that works out to in dollars:
A 0.48% yearly fee works out to about $48 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Vanguard
- Asset class
- Global shares
- Number of holdings
- ~6,000
- Where it invests
- Emerging markets — concentrated in Asia, with China (including locally-listed 'A-shares'), Taiwan and India among the largest parts.
- Income paid
- Quarterly
- Currency hedged
- No — It's unhedged, so the value also moves with the Australian dollar against a range of emerging-market currencies, on top of the markets themselves.
Its character
An unusually deep emerging-markets fund — it reaches well beyond the biggest names into thousands of smaller companies, and includes mainland Chinese shares that some rivals leave out.
What to keep in mind
Emerging markets can be more volatile than developed ones, and this fund leans heavily on a few Asian economies. It carries both market and currency swings for an Australian holder.
How this fund relates to others
Covers much the same emerging markets as IEM (both lean on Asian tech like TSMC, Tencent and Samsung), so the two overlap heavily. Both cover emerging markets only — the part developed-world funds like VGS and BGBL leave out.
Figures last verified 2026-06-12against the issuer’s factsheet and PDS.