New corporate bond index funds from Vanguard
06 November 2017 | Topical insights
Vanguard has expanded its range of low-cost fixed income products with the launch of two UCITS corporate bond funds.
The Vanguard Global Corporate Bond Index Fund offers simple, low-cost access to investment grade debt issued by companies in both developed and developing markets worldwide. The Vanguard Global Short-Term Corporate Bond Index Fund is a passive option for investors seeking exposure to 1-5 year duration corporate bonds.
Bonds play a critical role as a diversifier and a source of income in investors' portfolios. Both funds track Bloomberg Barclays' indices.
The new UCITS funds provide high quality, low-cost access to global investment grade corporate bonds, with an ongoing charges figure (OCF) of 0.25% for investor share classes, and 0.20% for institutional.
This latest offering expands Vanguard's range of broadly diversified active and passive fixed income core "building blocks".
Vanguard's fixed income products are managed by Vanguard's Fixed Income Group, a global leader in fixed income investing, with more than US $1.2 trillion (about £920 billion) in assets under management globally as at 31 July 2017.
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