Private Investors Vanguard - who we are Investment products Investing in Vanguard ETFs A leader in the low-cost investment sector that puts the customer's interest first Distinctive traits Stability and experience What sets Vanguard apart - and keeps investor interests at the forefront - is the shareholding structure of The Vanguard Group, Inc., in the United States. It is not, in fact, a company listed on the stock exchange or controlled by a group of private investors, but a structure owned by mutual funds and Vanguard ETFs domiciled in the United States, which, in turn, are owned of their respective investors. Thanks to this unique structure, our interests coincide with those of investors and inspire the culture, philosophy and policies of the entire Vanguard organization globally. In Europe, Vanguard benefits from the size, experience and resources of our established global presence. Vanguard's shareholding structure protects our clients against the possibility of third party acquisitions. The company they invest in today will continue to serve their interests well into the future. Low-cost investments Investors cannot control the markets, but they can control the cost of investing. For us, offering low-cost investments is not a strategy, but our way of doing business. Thanks to our ownership structure in the United States, we are able to keep costs low, which allows us to return profits to investors by reducing the costs of managing mutual funds and ETFs. The same dimensions as the Vanguard also help keep costs down. As assets under management increase, we are able to reduce management costs for those who invest in our funds globally. Customers in the foreground The shareholding structure of our parent company, The Vanguard Group, ensures that our interests coincide with those of our clients. Since Vanguard is not listed on the stock exchange, our European customers can also benefit from this framework. From rigorous risk management, to cost transparency, to clear communications, we always put our clients' interests first. Our commitment is to ensure that clients can get the most out of their investments. Main data LET US KNOW Message from Sean Hagerty, CEO of Vanguard Europe. Watch the video (in English) VANGUARD - WHO WE ARE Vanguard - who we are INVESTMENT PRODUCTS Our range of ETFs Shareholder communications INVESTING IN VANGUARD ETFS Investing in Vanguard ETFs © 2021 Vanguard Group (Ireland) Limited. All rights reserved. Issued in the EEA by Vanguard Group (Ireland) Limited regulated in Ireland by the Central Bank of Ireland. Use of this site implies acceptance of the Terms of Use . Important Investment Information | Privacy Policy | Information on cookies TERMS AND CONDITIONS - RETAIL INVESTORS Access to the funds described on the site for which the user is requesting access is allowed to retail investors (i.e. investors who do not fall within the scope of the definition referred to in Article 34-ter, paragraph 1, letter b) of Consob Regulation no. 11971 of May 14, 1999, and subsequent additions and amendments), who permanently reside in the Italian Republic. By clicking on the "ACCEPT" button at the end of this page, the user declares and guarantees to act as a retail investor resident in the Italian Republic and to accept the Terms of Use set out below. By accessing this site, the user declares and guarantees that the use of the information and / or services referred to in this part of the website and access to them are subject to the Terms and Conditions of Vanguard Group (Ireland) Limited. " I DO NOT ACCEPT THE TERMS OF USE I ACCEPT THE TERMS OF USE