Vanguard launches sterling money market fund

Designed to park short-term cash

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Vanguard head of product, Europe, Matthew Piro
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Vanguard head of product, Europe, Matthew Piro

Vanguard has launched a money market fund with the aim of delivering capital stability, liquidity and a reliable income stream that beats cash over the long term.

The Vanguard Sterling Short-Term Money Market fund was launched today (17 July) with the A sterling share class carrying an ongoing charge figure (OCF) of 0.15%, while the "institutional plus" sterling...

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