A National Day of Mourning (NDoM) has been announced to take place on Thursday 9 January, 2025 following the death of former US president, Jimmy Carter.
In observance of this, the US stock market will be closed on Thursday 9 January and the US bond market will have an early close of 2pm Eastern time (7pm GMT).
Vanguard mutual funds
Transactions in Vanguard mutual funds with exposure to US shares and bonds made on Thursday 9 January will be processed as if received on the following business day, on Friday 10 January, when US markets will re-open.
Vanguard UCITS ETFs
Vanguard UCITS ETFs will continue to be fully open for trading on Thursday 9 January across all non-US exchanges. However, the primary market (creation/redemption) will be closed for dealing in Vanguard UCITS ETFs with exposure to US stocks and bonds on that day. ETFs with underlying US securities may be quoted with wider bid-ask spreads as a result.
Investors should be aware that a US market closure can result in a general reduction in liquidity which could result in higher trading costs than normal when trading during this time.
Investment risk information
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
ETF shares can be bought or sold only through a broker. Investing in ETFs entails stockbroker commission and a bid- offer spread which should be considered fully before investing.
Important information
For professional investors only (as defined under the MiFID II Directive) investing for their own account (including management companies (fund of funds) and professional clients investing on behalf of their discretionary clients). In Switzerland for professional investors only. Not to be distributed to the public.
The information contained in this article is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information in this article does not constitute legal, tax or investment advice. You must not, therefore, rely on the content of this article when making any investment decisions.
The information contained in this article is for educational purposes only and is not a recommendation or solicitation to buy or sell investments.
Issued in EEA by Vanguard Group (Ireland) Limited which is regulated in Ireland by the Central Bank of Ireland.
Issued in Switzerland by Vanguard Investments Switzerland GmbH.
Issued by Vanguard Asset Management Limited, which is authorised and regulated in the UK by the Financial Conduct Authority.
© 2025 Vanguard Group (Ireland) Limited. All rights reserved.
© 2025 Vanguard Investments Switzerland GmbH. All rights reserved.
© 2025 Vanguard Asset Management Limited. All rights reserved.