Global exchange-traded fund - Vanguard Australian Shares Index

AUSTR

Vanguard Australian Shares Index hits six-month high on robust volume 20 October, 2017

NEWS BITES - ETF

Vanguard Australian Shares Index (ASX:VAS), the 12th largest Exchange Traded Fund by market cap in Australia, traded at its 171-day high of $A75.51. The ETF price has increased 17.0c (or 0.2%) from its last trading session of October 19, 2017 to close at $A75.24. Compared with the Morgan Stanley Capital International Australia Index which rose 11.5 points (0.2%) in the day, the relative price increase was 0.02%. The rise has been propped up by robust volume of 1.6 times the average daily volume of 67,731 units.

Price Change %1 Month3 Month6 Month1 Year
VAS2.12.71.98.7
MSCI AUSTRALIA3.53.42.613.9

SECTION 1

VANGUARD AUSTRALIAN SHARES INDEX BULLISH SIGNALS

1.1 Technicals:

+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 74.28 minus the 26-day EMA of 73.81 is positive 0.48 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.

+ The present value of AUD1,000 (PV1000) invested three years ago in Vanguard Australian Shares Index is $A1,207, including a capital gain of $A126 and dividend reinvested of $A81.

+ 3 years Multiplier in AUD = 1.207x

+ Compound Annual Growth Rate (CAGR) in AUD = 6.4%

Present Value of USD1,000 invested 3 years ago:

+ The present value of USD1,000 (PV1000) invested three years ago in Vanguard Australian Shares Index is $US1,085, including a capital gain of $US12 and dividend reinvested of $US73.

+ 3 years ago AUD 1 equalled USD 0.8751

+ 3 years Multiplier in USD = 1.085x

+ Compound Annual Growth Rate (CAGR) in USD = 2.7%

1.2 High Performance Indicators:

DescriptionValueRank In Market
% Prem to Vol Wtd Price2.4In Top Quartile
Price/MAP2001.03In Top Quartile

SECTION 2

VANGUARD AUSTRALIAN SHARES INDEX BEARISH SIGNALS

2.1 Technicals:

+ The 0.4% discount to 12-month high of $A75.53 against the 16.8% premium to 12-month low of $A64.42 suggests the climb might be peaking.

2.2 Overbought/Bearish/Resistance Signals:

+ The Relative Strength Index (RSI) of 74.8 has penetrated the overbought line of 70, suggesting the price gain of 3.7% in the last 14 days is unusually high.

+ The ETF is overbought according to the Williams % R indicator of -7.6, suggesting the price is close to its 14-day high of $A75.51.

+ The Stochastic indicator of 94.6 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.

2.3 Low Performance Indicator:

DescriptionValueRank In Market
Volatility %1.0In Bottom Quartile

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 105,178 units worth $A7.9 million traded today. In the past week, volume was 1.0 times average and the units were up 1.4%.

+ The present value of $A1,000 (PV1000) invested one year ago in Vanguard Australian Shares Index is $A1,087, for a capital gain of $A87.

PV$10001-week1-month1-year
VAS.AU1,0141,0211,087
Morgan Stanley Capital International World Index [MSCI World]1,0051,0161,195
Morgan Stanley Capital International Australia Index1,0171,0381,139

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's Turnover$A7.9 millionIn 2nd Quartile

3.3 Year-on-Year Comparison (Trailing year - ended 29 Sep)

In the past 4 years, VAS has jumped 7.1% from 68.51 to 73.34, an average annual compound rise of 1.7%.

20172016201520142013
Close73.3470.763.6567.968.51
% Price Change3.711.1-6.3-0.9
Avg Daily Volume51,25556,91843,38329,05523,041
VWP72.2566.1570.1668.964.14
Turnover Period1 yr 9 mo1 yr 7 mo1 yr 4 mo1 yr 5 mo1 yr 9 mo
Price Range64.42 - 75.5359.65 - 71.5862.1 - 76.8463.86 - 72.659.46 - 69

In the past 4 years average daily volume has jumped 122.5% from 23,041 units to 51,255 units. Turnover period has decreased from 1 year 9 months to 1 year 9 months.

SECTION 4

RANKING

4.1 Global Rank out of 5,704 ETFs

The present value of $US1,000 invested a year ago is $US1,116, ranking it 2635 out of 5,704 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 48.

DescriptionValueRankQuartile
Net Assets (US$)1.7B416Top
Price/NAV0.992619Second
Rel Strength 6 Mo (US$)482968Third
PV$1000 (1Year) US$*1,1162635Second

* 1 year ago AUD 1 equalled USD 0.7664

Oct 20, 2017: AUD 1 equals USD 0.7869

4.2 Rank in the Total Australia ETF Market [out of 84 ETFs]

DescriptionValueRank
Net Assets ($A)2.1B17
Rel Strength 6 Mon ($A)4546
PV1000-1Year ($A)1,08746

SECTION 5

PROFILE

5.1 Description

Vanguard Australian Shares Index ETF is an exchange traded fund incorporated in Australia. The Fund seeks to match the total return of the S&P/ASX 300 Index before taking into account fees and expenses.

5.2 SNAPSHOT

Vanguard Australian Shares Index (ASX:VAS)

ISIN: AU000000VAS1

Inception DateMay 08, 2009
Expense Ratio0.1% of average net assets
CategoryEquities All
Fund Family NameVanguard
Index TrackedS&P/ASX 300
Asset ClassEquity

5.3 Fund Manager and Management Fees

+ The manager of the ETF is Vanguard. The management fee is 0.15% of total assets

VAS.AX

Source: www.BuySellSignals.com