If you used Vanguards Personal Investor to buy their Australian managed (Vanguard Australian Shares Index Fund, VAN0002AU) is it CHESS sponsored? In your answer ensure you explain why being CHESS sponsored is relevant to consider. (max 100 words) Vanguard is not CHESS sponsored. Being CHESS sponsored is relevant to consider as being CHESS sponsored means that the ASX is keeping track of who owns what shares. Benefits of CHESS sponsored shares include being able to update and keep all your information in one place, makes it simple to transfer to another broker, having direct ownership and access to your shares and allows you to participate in corporate matters