Vanguard expands bond index fund offering

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Vanguard has released seven bond index funds, expanding its bond index ETF range to 12 products.

The funds, which have expense ratios of 0.15%, track Barclays Capital indices comprising bonds of varying maturities. The range includes the Vanguard Short-Term Government Bond index fund, which replicates the Barclays Capital US 1-3 Year Government Float Adjusted index. The intermediate term fund tracks the respective 3-10 year index, while the long term fund tracks the US Long Government Float Adjusted index. The latest launch also offers funds tracking corporate bond indices, including the US 1-5 Year Corporate index, the US 5-10 Year Corporate index and the US Long Corporate in...

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