Diversified (multi-asset)
VGRO
VanEck Core+ Diversified Growth Active ETF · VanEck
A ready-made mix of around 19 other VanEck funds in one parcel, weighted roughly 80% to growth assets (mostly shares) and 20% to defensive assets (bonds and cash).
What the fee costs you
The management fee is 0.39% a year. Here’s what that works out to in dollars:
A 0.39% yearly fee works out to about $39 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
- VanEck
- Asset class
- Diversified (multi-asset)
- Number of holdings
- ~19 underlying funds
- Where it invests
- Global — Australian and international shares plus bonds, spread across many countries.
- Income paid
- Half-yearly
- Currency hedged
- No — It's a blend — some of the international holdings inside it are hedged back to Australian dollars and some aren't, so currency movements still affect part of the value.
Its character
An all-in-one fund-of-funds with a growth tilt: a single trade buys a diversified, regularly rebalanced spread that leans harder into shares than its balanced sibling, with a smaller bond cushion. Its largest single position is VanEck's Australian equal-weight share fund.
What to keep in mind
With about 80% in growth assets, it swings more with share markets than a balanced fund and has less of a bond buffer to soften falls. Launched in 2026, it has very little track record yet.
Income
Income comes from the mix of share dividends and bond interest in its underlying funds.
Figures last verified 2026-06-23against the issuer’s factsheet and PDS.