Bringing you live news and features since 2006 

Two fingers

Vanguard brings low costs to ultrashort-term bond category

RELATED TOPICS​

Vanguard has introduced the Vanguard Ultra-Short-Term Bond Fund with two low-cost share classes—Investor Shares and Admiral Shares.   


The fund’s Investor Shares have an estimated expense ratio of 0.20% and require an initial minimum investment of USD3,000. Admiral Shares have an estimated expense ratio of 0.12% and require a minimum investment of USD50,000. 

The new actively managed fund is now accepting investments during a subscription period that ends February 23, 2015. While the subscription period is in effect, the fund will invest in money market instruments as it accumulates adequate assets to construct a representative, diversified portfolio. 

Following the subscription period, the fund will invest in high-quality bonds – including money market, government, and investment-grade corporate securities – and will have an expected duration of approximately one year. 

“Vanguard Ultra-Short-Term Bond Fund is a low-cost, broadly diversified fund designed for investors who, in this low-interest rate environment, seek more income than a money market fund, but recognise the risks and are willing to accept the modest price volatility that will accompany the fund," says Vanguard Chief Investment Officer Tim Buckley.   

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by