Vanguard enters UK space with index tracker range

The group plans to launch the index tracker range, domiciled in the UK and Dublin, on 23 June through a number of platforms. Its equity index tracking funds will provide exposure to a number of regions, including the UK, Japan, emerging markets, Pacific ex-Japan and developed Europe. Annual charges on all UK funds will be 0.15%, while emerging market trackers will be see charges of 0.55%. "Vanguard's index funds offer investors broadly diversified exposure to equity and fixed income markets, at very low cost," managing director Tom Rampulla says. "Costs matter, as each pound of cost...