Hi everyone:
Can someone please explain the difference between Vanguard Offshore and Vanguard Investor when it comes to their ETF description pages?
Last night, I was updating the sector and geographic allocations in my excel portfolio tracker. I do this once a year just to make sure I'm not overweight in anything. However, I noticed that the geographic allocations for VPL are slightly different on Vanguard's "offshore" site vs their "investor" site.
On the offshore site for VPL, it shows a couple more countries for emerging market exposure: Cayman Islands (0.01%) and China (0.00%). First off, the Cayman Islands are in the Caribbean, so why is it showing up in a Pacific ETF lol? Second, even though China is showing 0% exposure, I'm not happy that China is even showing up on this fund now. It tells me that Vanguard intends to invest in Chinese equities down the road. This exposure is hidden on the Investor version of the VPL page.
The reason I went with the VGK/VPL combination in the first place is because I wanted to get international exposure without supporting middle eastern and communist regimes. This is why I skipped over other commonly recommended international funds like VXUS, VEA, VIGI, etc. Say what you want, but that is how I feel about it.
I'm curious to know what the difference is between the offshore and investor pages.
Thanks!