Vanguard Investments Australia has enhanced its exchange-traded funds (ETFs) range by adding three new funds. The new funds are the Vanguard Australian Shares High Yield ETF will be benchmarked against the FTSE ASFA Australia High Dividend Yield Index.

The Vanguard MSCI Australian Large Companies Index ETF and the Vanguard MSCI Australian Small Companies Index ETF will track the MSCI Australian Shares Large Cap Index and the MSCI Australian Shares Small Cap Index, respectively. The new ETFs are expected to be listed on the Australian Securities Exchange on May 26, 2011.

Click here for the release from Vanguard Investments.