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:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.