Vanguard launches corporate bond funds

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Vanguard has launched two corporate bond funds to UK investors.

The Vanguard Global Short-Term Corporate Bond Index fund will invest in one- to five-year duration corporate bonds.

The Vanguard Global Corporate Bond Index Fund covers investment-grade debt from developed and developing markets worldwide.

The funds have an ongoing charge figure of 0.25 per cent for investor share classes and 0.20 per cent for institutional.

Both track Bloomberg Barclays’ indices.