Sterling Short-Term Money Market Fund
Sterling Short-Term Money Market Fund - GBP Inc (VASSTAI)
Related Documents
About this fund
Fund objectives
- The Vanguard Sterling Short-Term Money Market Fund (the “Fund”) seeks to provide stability in the value of investments, liquidity and exposure to a variety of investments that typically perform differently from one another while maximising income earned from distributions such as interest (as opposed to that derived from an increase in the value of investments).
- The Fund seeks to achieve this objective by investing in short-term money market instruments including but not limited to bank certificates of deposits, commercial paper, corporate and sovereign variable and fixed rate bonds, UK Government bills, short term agreements to purchase / sell securities with an obligation to sell / repurchase the securities back at a later date (referred to as ’repurchase and reverse repurchase agreements’) and cash deposits.
- The Fund is an active fund. The Fund is not recommended for investors seeking an increase in the value of investments over the long-term (more than 5 years).
- These types of instruments may be issued by both UK and non-UK issuers.
- The Fund may invest up to 100% of its investments in money market instruments issued or guaranteed as to principal and interest by the UK government, its agencies or instrumentalities.
Fund facts
Share class inception
17 Jul 2019
Minimum initial investment
£100,000.00
Investment structure
UK OEIC
Share Class Assets'
Total Assets
Strategy
Active
Asset Class
Money Market
Domicile
United Kingdom
Dividend schedule
Monthly
Currency
GBP
Investment manager
Vanguard Asset Management, Ltd.
Europe Bond Index Team
Benchmark
Performance
Portfolio data
Characteristics
| Fundamentals | Fund | As at |
|---|---|---|
| Number of issuers | 26 | 25 Sept 2026 |
| 29.2 Days | 25 Sept 2026 | |
| 29.2 Days | 25 Sept 2026 | |
| Net yield | 3.68% | 25 Sept 2026 |
| Yield to maturity | 3.79% | 25 Sept 2026 |
Distribution by credit quality (% of funds)
As at 25 Sept 2026
| Credit Rating | Fund |
|---|---|
| A-1+ | 59.65% |
| A-1 | 40.43% |
| Cash | -0.08% |
Distribution by credit issuer (% of funds)
As at 25 Sept 2026
| Issuers | Fund |
|---|---|
| Time Deposit | 44.14% |
| Bonds - Sovereign/Supranational/Agency | 4.09% |
| Bonds - Government | 24.26% |
| Cash | -0.08% |
| Commercial Paper | 27.58% |
Distribution by credit maturity (% of funds)
As at 25 Sept 2026
| Maturity | Fund |
|---|---|
| Under 1 Week | 45.90% |
| 1 Week - 1 Month | 14.11% |
| 1 - 3 Months | 35.83% |
| 3 - 6 Months | 4.16% |
Top 10 holdings
As at 25 Sept 2026
| Rank | Holding | Country | Maturity | Asset type | % Market Value |
|---|---|---|---|---|---|
| 1 | BRED BANQUE POPULAIRE | FR | 28/09/26 | Term Deposit | 5.17% |
| 2 | ABN AMRO BANK NV | NL | 28/09/26 | Term Deposit | 5.17% |
| 3 | BANCO BILBAO VIZCAYA ARGENTARIA SA | ES | 28/09/26 | Term Deposit | 5.17% |
| 4 | ROYAL BANK OF CANADA (LONDON BRANCH) | GB | 28/09/26 | Term Deposit | 4.09% |
| 5 | CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK SA | FR | 28/09/26 | Term Deposit | 4.09% |
| 6 | DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTSBANK FRANKFURT AM MAIN | DE | 28/09/26 | Term Deposit | 4.09% |
| 7 | AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD (LONDON BRANCH) | GB | 28/09/26 | Term Deposit | 4.09% |
| 8 | BANK OF NOVA SCOTIA (LONDON BRANCH) | GB | 28/09/26 | Term Deposit | 4.09% |
| 9 | COOPERATIEVE RABOBANK UA | NL | 28/09/26 | Term Deposit | 4.09% |
| 10 | COMMERZBANK AG | DE | 28/09/26 | Term Deposit | 4.09% |
The 10 main holdings represent 44.10% of the market value
Prices and distribution
Prices
NAV Price (GBP)
£1.00
GBPChange
+£0.000.02% At closure 02 Oct 2026
NAV 52-week high
£1.00
At closure 05 Oct 2026
NAV 52-week low
£1.00
At closure 05 Oct 2026
NAV 52-week difference
£0.00
Change
+0.36% At closure 05 Oct 2026
Historical Prices
-
Inception date
17 Jul 2019
| Date | NAV (GBP) |
|---|---|
| 02 Oct 2026 | £1.0000 |
| 01 Oct 2026 | £0.9998 |
| 30 Sept 2026 | £1.0027 |
| 29 Sept 2026 | £1.0026 |
| 28 Sept 2026 | £1.0025 |
| 25 Sept 2026 | £1.0023 |
| 24 Sept 2026 | £1.0021 |
| 23 Sept 2026 | £1.0020 |
| 22 Sept 2026 | £1.0019 |
| 21 Sept 2026 | £1.0018 |
Distribution history
Distribution frequency
Monthly
Historical performance 31 Aug 2026
3.77%
| Type | Distribution amount (per unit) | Ex-dividend date | Registration date | Payable date |
|---|---|---|---|---|
| Income | £0.0029 | 01 Sept 2026 | 28 Aug 2026 | 30 Sept 2026 |
| Income | £0.0033 | 03 Aug 2026 | 31 Jul 2026 | 31 Aug 2026 |
| Income | £0.0030 | 01 Jul 2026 | 30 Jun 2026 | 31 Jul 2026 |
| Income | £0.0031 | 01 Jun 2026 | 29 May 2026 | 30 Jun 2026 |
| Income | £0.0030 | 01 May 2026 | 30 Apr 2026 | 29 May 2026 |
| Income | £0.0030 | 01 Apr 2026 | 31 Mar 2026 | 30 Apr 2026 |
| Income | £0.0029 | 02 Mar 2026 | 27 Feb 2026 | 31 Mar 2026 |
| Income | £0.0032 | 02 Feb 2026 | 30 Jan 2026 | 27 Feb 2026 |
| Income | £0.0034 | 02 Jan 2026 | 31 Dec 2025 | 30 Jan 2026 |
| Income | £0.0029 | 01 Dec 2025 | 28 Nov 2025 | 31 Dec 2025 |
Purchase information
Currency
Base currency:GBP
Fund codes
- Bloomberg:VASSTAI
- Citi:PJEM
- ISIN:GB00BGB6GZ57
- MEX ID:VVWDB
- SEDOL:BGB6GZ5