View the article online at http://citywire.co.uk/wealth-manager/article/a731504
Vanguard launches short-duration global bond tracker
by Robert St George on Jan 31, 2014 at 12:28
Vanguard has added to its fixed-income range with a short-duration bond tracker.
The Vanguard Global Short-Term Bond Index fund will follow the Barclays Global Aggregate 1-5 Years ex-US MBS Float Adjusted Bond index, which spans global government and investment-grade bonds.
‘Not only do global short-term bonds provide stability and diversification, they also play a valuable role in protecting the downside risk of portfolios,’ commented Axel Lomholt, head of product for Vanguard’s international business.
The fund will have a total expense ratio of 0.2% for the Sterling share classes, and will be managed on a hedged basis to help reduce currency volatility.
News sponsored by:
Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.