View more on these topics

Vanguard set to launch index-trackers

Vanguard Investments UK has announced plans to launch eleven index-tracking funds later this month.

The UK and Irish domiciled funds will be accepting investments from June 23, 2009 and will be available across numerous platforms.

Five of the passively-managed funds will be run out of the UK with the remainder domiciled in Ireland.

The UK based index funds offered include a UK equity, UK equity income, developed world-ex UK equity, developed Europe ex-UK equity and US equity index funds.

The six Irish-domiciled stock index funds are the Japan, Pacific ex-Japan, emerging markets, UK investment grade bond, UK government bond and global bond index funds.

The TER/AMC on the funds varies from 0.15 per cent on the Vanguard FTSE UK equity index fund to 0.55 per cent for the emerging markets stock index fund.

Vanguard manages a total of £320bn in equity and bond index mandates globally. The group announced plans to launch in the UK market in February, with the initial focus of the business being on the UK advisory market.

Vanguard Investments UK managing director Tom Rampulla says: “Vanguard’s index funds offer investors broadly diversified exposure to equity and fixed income markets, at very low cost. Costs matter, as each pound of cost is a pound taken out of your investment. We are confident that these funds have among the lowest total expense ratios in their peer groups.”

“We believe that clear disclosure standards are necessary if the interests of investors are to be protected,”

Recommended

ASA finds chaser ads misleading

The Advertising Standards Agency upheld a Lloyds TSB complaint over advertisements by Debt Free UK, a claim company, which suggested credit cards or loans taken out before April 2007 could be unenforceable.

Make a difference

When I look back at my career, it can be viewed as opportunistic and full of learning.

Manager focus: Elena Ogram

Julius Baers decision to open its Luxembourg-domiciled Russia fund to British retail investors came as a surprise. After all, investors have avoided the Russian market for months. Elena Ogram, the fund manager, says the market bears higher risks but also potential higher returns.With increased tensions with the West, stockmarket volatility reached a level that prompted […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com