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Brexit jitters trigger exchange traded fund outflows

Investors took a net $405m out of Vanguard FTSE Europe ETF in September

Vanguard FTSE Europe ETF absorbed net outflows of $405m in September amid continuing political turmoil in the UK as the government wrestled with how to leave the European Union.

The outflows from VGK reduced the fund’s assets to $12.7bn at the end of September, according to a Vanguard spokesman. The spokesman declined to comment on the fund’s asset flows.

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