As governments around the world impose sanctions on Russian financial institutions, companies, and individuals in response to the country’s invasion of Ukraine, our clients naturally have questions about the Russian exposure of Vanguard funds.
First and foremost, Vanguard has suspended purchases of Russian securities across our actively managed funds and is working to further reduce our exposure to Russia and exit the positions across our index funds. And, of course, Vanguard funds will continue to adhere to sanctions.
Overall, the exposure of Vanguard funds to Russian assets is extremely limited, with Russian securities accounting for less than 0.01% of client assets.1