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    • Sterling Short-Term Money Market Fund - Institutional Plus GBP Acc (VASSTIP)

    Available in other share classes
    Related Documents
    NAV Price ()
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    Number of issuers
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    Risk Indicator
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    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
    £200,000,000.00
    Investment structure
    UK OEIC
    Share Class Assets'
    Total Assets
    Strategy
    Active
    Asset Class
    Money Market
    Domicile
    United Kingdom
    Dividend schedule
    —
    Tax status
    —
    Currency
    GBP
    Investment manager

    Vanguard Asset Management, Ltd.
    Europe Bond Index Team

    Benchmark
    SONIA

    Performance

    Portfolio data

    Characteristics
    FundamentalsFundAs at
    Number of issuers 20 27 Mar 2026
    Weighted Average Life 30.5 Days 27 Mar 2026
    Weighted Average Maturity 30.5 Days 27 Mar 2026
    Net yield 4.02% 27 Mar 2026

    Effective day is typically prior Friday. When this is a UK bank holiday the effective date will be amended to prior Thursday. During a UK bank holiday period the data attribute could be disclosed later than normal.

    Distribution by credit quality (% of funds)

    As at 20 Mar 2026

    Distribution by credit issuer (% of funds)

    As at 20 Mar 2026

    Distribution by credit maturity (% of funds)

    As at 20 Mar 2026

    Top 10 holdings

    As at 27 Mar 2026

    RankHoldingCountryMaturityAsset type% Market Value
    1ROYAL BANK OF CANADA (LONDON BRANCH)GB30/03/26Money Market9.88%
    2DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTSBANK FRANKFURT AM MAINDE30/03/26Money Market9.88%
    3AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD (LONDON BRANCH)GB30/03/26Money Market9.88%
    4COOPERATIEVE RABOBANK UANL30/03/26Money Market9.88%
    5CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK SAFR30/03/26Money Market6.21%
    6BRED BANQUE POPULAIREFR30/03/26Money Market4.02%
    7British Pound SterlingGB—Currency3.63%
    8United Kingdom Treasury BillGB13/04/26Government Bond3.21%
    9United Kingdom Treasury BillGB26/05/26Government Bond3.19%
    10United Kingdom Treasury BillGB01/06/26Government Bond3.19%

    The 10 main holdings represent 63.00% of the market value

    Holdings details

    As at 31 Dec 2025

    Holding nameCoupon/YieldMaturity date% of assets
    DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTSBANK FRANKFURT AM MAIN 3.70 02 Jan 2026 9.86011%
    ROYAL BANK OF CANADA 3.70 02 Jan 2026 9.86011%
    COOPERATIEVE RABOBANK UA 3.60 02 Jan 2026 9.52157%
    United Kingdom Treasury Bill 0.00 05 Jan 2026 4.32491%
    United Kingdom Treasury Bill 0.00 12 Jan 2026 3.40142%
    United Kingdom Treasury Bill 0.00 26 Jan 2026 2.32170%
    United Kingdom Treasury Bill 0.00 02 Feb 2026 2.10909%
    United Kingdom Treasury Bill 0.00 16 Mar 2026 2.09976%
    United Kingdom Treasury Bill 0.00 16 Feb 2026 1.89538%
    United Kingdom Treasury Bill 0.00 23 Feb 2026 1.89397%

    56 total holdings

    Total allocation percentages shown in the holdings details or the spreadsheet may not equal 100%, due to rounding or omission of cash and/or derivative instruments.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Some short-term fixed income securities are classified as cash and are excluded, along with derivatives, from the weighted bond exposures. 

    Prices and distribution

    Prices

    NAV Price (GBP)
    £1.18
    Change
    +£0.000.03%
    At closure 02 Apr 2026
    NAV 52-week high
    £1.18
    At closure 02 Apr 2026
    NAV 52-week low
    £1.13
    At closure 02 Apr 2026
    NAV 52-week difference
    £0.05
    Change
    +3.90%
    At closure 02 Apr 2026
    Historical Prices

    -

    Inception date

    17 Jul 2019

    Date NAV (GBP)
    02 Apr 2026 £1.1781
    01 Apr 2026 £1.1777
    31 Mar 2026 £1.1775
    30 Mar 2026 £1.1774
    27 Mar 2026 £1.1772
    26 Mar 2026 £1.1769
    25 Mar 2026 £1.1768
    24 Mar 2026 £1.1767
    23 Mar 2026 £1.1765
    20 Mar 2026 £1.1763

    Distribution history

    Distribution frequency

    —

    Historical performance 28 Feb 2026

    3.99%

    All dividends are reinvested for the "Accumulation" shares.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Purchase information

    Currency

    Base currency: GBP

    Fund codes

    • Bloomberg: VASSTIP
    • Citi: PJEK
    • ISIN: GB00BFYDWN66
    • MEX ID: VVWDC
    • SEDOL: BFYDWN6

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC. SEDOL data was extracted from the London Stock Exchange SEDOL Masterfile®.