Vanguard enters UK space with index tracker range

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 is a pound taken out of your investment. We are confident that these funds have among the lowest total expense ratios in their peer groups."

Rampulla adds in keeping with Vanguard's tradition of transparency, the firm is taking measures to clearly disclose all fees paid by investors.

"We believe that clear disclosure standards are necessary if the interests of investors are to be protected," he says.

simon.danaher@incisivemedia.com