Vanguard has launched the Vanguard USD Corporate 1-3 Year Bond Ucits ETF on Deutsche Börse. The fund company is thus further expanding its offer of exchange-traded funds in Germany – as of today, a total of 24 Vanguard Ucits ETFs are listed on the German Stock Exchange.
With the Vanguard USD Corporate 1-3 Year Bond Ucits ETF, investors can easily and cost-effectively invest in investment grade corporate bonds with short maturities. The investment universe of the fund is well diversified across sectors. It’s benchmark is Bloomberg Barclay’s Global Aggregate Corporate USD 1-3 Year index, with ongoing charges at 0.15%.
“Investors’ requirements are changing, so we are constantly adjusting our offerings and expanding our ETF range in Germany,” commented Sebastian Külps, Vanguard head of Germany and Austria.
“With the Vanguard USD Corporate 1-3 Year Bond Ucits ETF, we are offering investors another building block for a solid, diversified and balanced portfolio,” he added.