Vanguard ESG Developed Europe Index Fund Institutional Plus EUR Acc

The fund aims to track the performance of the FTSE Developed Europe Choice Index, which is a market-capitalisation-weighted index of large and mid-cap stocks of companies located in developed markets in Europe. The fund employs a passive management strategy to achieve this objective.

The fund is exposed to companies in developed markets in Europe that meet certain environmental, social, and corporate governance criteria. It excludes companies involved in activities such as adult entertainment, alcohol, gambling, tobacco, cannabis, non-renewable energy, and weapons. The fund promotes environmental and social characteristics by tracking the index, which excludes companies that do not meet specific standards.

Some of the risks associated with this fund include exposure to market fluctuations, as the fund's performance is tied to the performance of the index. Additionally, there may be risks related to the exclusion of certain companies from the index based on environmental, social, and corporate governance criteria, which could impact the fund's overall performance.

https://www.vanguard.co.uk/professional/product/fund/equity/9166/esg-developed-europe-index-fund-gbp-dist