Several of Vanguard Asset Management’s tracker funds have been added to Hargreaves Lansdown’s Vantage platform.
Hargreaves has also added the SWIP FTSE all share index, which has a TER of 0.11 per cent, to its service.
A total of 12 Vanguard trackers in the equity, fixed-income and blended spaces are now available to retail investors through Vantage, with a minimum investment of £1,000 per holding and TERs ranging from 0.15 per cent to 0.33 per cent.
Hargreaves will charge a platform fee of £2 per month per holding.
Vanguard managing director Tom Rampulla says: “A number of new platform models have emerged which mean that more investors can access low-cost funds such as ours, which have not paid rebates to platforms and have, therefore, not previously been available to investors.”
Hargreaves Lansdown head of advice Danny Cox (pictured) says: “This new range of ultra-low-cost tracker funds further enhances the Vantage Service. We are meeting the needs of investors looking for low cost tracking funds combined with first class service.”