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Index funds have been surging in popularity on the ASX in recent years. In fact, the entire exchange-traded funds (ETF) space has exploded. The ASX now offers more ETFs and index funds today than it ever has before. And the most popular is the Vanguard Australian Shares Index ETF (ASX: VAS).
This ASX index fund offers a simple, bottom-drawer investment that investors can feel comfortable buying and never checking up on. That’s because it simply tracks the largest 300 companies on the Australian share market at any one time. That’s everything from National Australia Bank Ltd (ASX: NAB) and Telstra Group Ltd (ASX: TLS) to JB Hi-Fi Ltd (ASX: JBH) and Adairs Ltd (ASX: ADH).
Of course, the value of all ASX shares changes every day that the share market is open. But to make sure that the fund is always holding the largest 300 companies, the VAS ETF undergoes a…
