Core Insights - Beacon Financial Strategies increased its position in Vanguard Total International Stock ETF (VXUS) by purchasing 21,624 shares, valued at approximately $2.04 million, during Q3 2025 [1][2] - The total position in VXUS now stands at 126,033 shares, with a total value of $9.26 million, representing 5.5% of Beacon Financial's reportable assets under management (AUM) [2][3] ETF Overview - Vanguard Total International Stock ETF tracks the FTSE Global All Cap ex US Index, providing exposure to international equities while excluding U.S. stocks [4] - As of October 3, 2025, VXUS shares were priced at $74.66, reflecting a year-on-year increase of 16.4% and a one-year alpha of 1.34 percentage points compared to the S&P 500 [3] - The ETF has a total net asset value of $546.1 billion and a dividend yield of 2.71% as of August 31, 2025 [3] Investment Trends - Beacon Financial's purchase of VXUS, while a small percentage of its total AUM, indicates a broader trend of investors seeking to diversify their portfolios and increase global exposure [7][8] - The combined stake in VXUS and Vanguard Tax Managed Fund FTSE Developed Markets ETF now represents 13.5% of Beacon's holdings, up from 9.6% in Q2 2025 [7]

Group 1 - The total scale of ETFs in China reached approximately 5.5 trillion yuan by the end of September, surpassing Japan and making it the largest ETF market in Asia [1] - The Shanghai Stock Exchange's ETF scale is 3.9 trillion yuan, accounting for over 70% of the total, with more than 760 products and around 10 million participating accounts [1] - Stock ETFs amount to 2.6 trillion yuan, while bond ETFs exceed 530 billion yuan [1] Group 2 - In September, foreign capital inflow into the Chinese stock market rebounded to 4.6 billion USD (approximately 32.7 billion yuan), marking the highest monthly inflow since November 2024 [1] - As of September 30, the cumulative inflow of foreign passive funds in 2023 reached 18 billion USD (approximately 128 billion yuan) [1] - UBS's China head noted that investor confidence in the Chinese market has gradually improved since the beginning of the year, particularly in the context of global investment diversification [1] Group 3 - UBS is set to become one of the top ten shareholders of Huatai-PB A500 ETF (563360) in the first half of 2025 [3]