Fact sheet: Vanguard US Ultra Sht Tr Bd

Fund information
Fund name
Vanguard US Ultra Short Term Bond Inv USD
Fund manager company
Vanguard Group Inc (IRL)
Fund type
OEIC
Fund manager
  • The Vanguard Group, Incsince 05/05/1999
Fund objective
The fund seeks to provide current income with limited price volatility.
Benchmark
  • BofA Merrill Lynch 6-month Treasury Bill Index
Investment style
Liquidity
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.1%
1 Year rank in sector
30/56
Sector
FO Currency - US Dollar
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.3%
Fund size
£75m (£97m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
74
Top in this sector
Fund name1 Year
BlackRock ICSInt$UlStBd1%
Amundi Cash USD0.8%
CMI US Dollar Currency Reserve0.8%
Hume Caut MA $0.7%
Dimensional One Year Fxd Inc Pfl0.7%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

  • USA68.2%
    Canada12.9%
    Australia8.1%
    Sweden2.5%
    UK2.5%
  • Money Market47.7%
    Government Bonds35.6%
    Financials10.6%
    Government Agency Bonds6.1%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0%0%0.1%0.1%0.2%
Sector0.1%0.1%0.2%0.4%0.4%0.7%
Rank within sector56 / 5955 / 5939 / 5830 / 5631 / 5028 / 47
Quartile4th4th3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%-0%-0%-0%0.1%
Sector0.3%0.1%-0%-0.1%0.4%
Rank within sector31 / 5646 / 5342 / 5041 / 4921 / 47
Quartile3rd4th4th4th2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.05
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-0.02
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
0.07
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.11
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.75
Price movement
52 week high10.02
52 week low10
Current bid price-
Current offer price-
Current mid price10.02
Region
1USA68.2%
2Canada12.9%
3Australia8.1%
4Sweden2.5%
5UK2.5%
6Netherlands2%
7Japan1.9%
8Switzerland1.9%
Industry sector
1Money Market47.7%
2Government Bonds35.6%
3Financials10.6%
4Government Agency Bonds6.1%
Asset type
1Money Market100%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 1.875% TB 31/08/17 USD100013.76%
2UNITED STATES OF AMER TREAS NOTES 0% NTS 15/05/17 USD10008.49%
3UNITED STATES OF AMER TREAS NOTES 3.125% BDS 28/02/17 USD1003.79%
4TORONTO-DOMINION BANK (NEW YORK BR3.14%
5CDP Financial Inc.3.13%
6FEDERAL HOME LOAN BANKS 0% BDS 03/04/13 USD10003.13%
7ONTARIO TEACHER FIN TRST3.12%
8FEDERAL HOME LOAN BANKS 0% BDS 01/02/17 USD10002.88%
9UNITED STATES OF AMER TREAS NOTES 0% NTS 28/02/17 USD10002.83%
Management
Fund manager group
Vanguard
Fund manager company
Vanguard Group Inc (IRL)
Fund type
OEIC
Fund objective
The fund seeks to provide current income with limited price volatility.
Benchmark
  • BofA Merrill Lynch 6-month Treasury Bill Index
Investment style
Liquidity
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
The Vanguard Group, Inc05/05/1999
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Iceland, Luxembourg, Netherlands, Norway, Offshore, Sweden
Vanguard US Ultra Short Term Bond Inst USD
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price10.0212
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVA74
Vanguard US Ultra Short Term Bond Inv USD
Initial charge-
Annual charge0.3%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price10.0211
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVA75
Data provided by

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