Vanguard enters UK space with index tracker range

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US low-cost passive investment giant Vanguard is launching its first 11 funds into the UK market this month.

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...

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