Vanguard Asset Management has launched its first UK exchange-traded fund range with a five-strong offering of physical ETFs.
The five funds - the Vanguard FTSE 100, S&P 500, Emerging Markets, All-World and Government Bond ETFs - will have total expense ratios of between 0.09% and 0.45%, figures Vanguard said are below the UK industry average. The Irish domiciled funds are expected to be admitted to trading on the London Stock Exchange shortly, the group added. "At Vanguard, we see ETFs and traditional mutual funds as two sides of the same coin. Vanguard runs both its traditional funds and its ETFs using the same philosophy, process and people. Both products offer investors a low-cost way to access broadly d...
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