Vanguard launches sterling money market fund

Designed to park short-term cash

Vanguard head of product, Europe, Matthew Piro

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...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Funds

Luke Hickmore, investment director fixed income, abrdn

Jubilee economics - how does 1952 compare to 2022?

Some similarities

Luke Hickmore
clock 24 May 2022 • 4 min read
Janus Henderson Global Dividend Index Q1 2022 results

Janus Henderson: Global dividends break Q1 record but uncertain outlook remains

Global Dividend Index

clock 24 May 2022 • 3 min read
The monthly rise was largely driven by a 2.8% rise in food store sales

UK retail sales jump in April despite inflation at 40-year high

Down 0.3% from previous quarter

clock 20 May 2022 • 1 min read