Sterling Short-Term Money Market Fund (VASSTAI)
NAV price (GBP)
As at date 04 Jul 2025
Number of Issuers
As at date 27 Jun 2025
Ongoing charge (OCF)
Risk
Objective
- The Vanguard Sterling Short-Term Money Market Fund (the “Fund”) seeks to provide stability in the value of investments, liquidity and exposure to a variety of investments that typically perform differently from one another while maximising income earned from distributions such as interest (as opposed to that derived from an increase in the value of investments).
- The Fund seeks to achieve this objective by investing in short-term money market instruments including but not limited to bank certificates of deposits, commercial paper, corporate and sovereign variable and fixed rate bonds, UK Government bills, short term agreements to purchase / sell securities with an obligation to sell / repurchase the securities back at a later date (referred to as ’repurchase and reverse repurchase agreements’) and cash deposits.
- The Fund is an active fund. The Fund is not recommended for investors seeking an increase in the value of investments over the long-term (more than 5 years).
- These types of instruments may be issued by both UK and non-UK issuers.
- The Fund may invest up to 100% of its investments in money market instruments issued or guaranteed as to principal and interest by the UK government, its agencies or instrumentalities.
Past performance
As at date 30 Jun 2025
Source: Vanguard; SONIA - The benchmark for this portfolio was the 1 Week GBP LIBID until 4 December 2020, and with effect from such date is now the SONIA. SONIA is the abbreviation for the Sterling Overnight Index Average, which reflects the average of interest rates that banks pay to borrow overnight, unsecured sterling cash on a given day.
For further information on the fund's investment policy and specific fund risk information, please refer to the Key Investor Information Document (KIID). The prospectus is also available on this site.
Past performance is not a reliable indicator of future results.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance will not be shown for funds which do not have one full year of data available.
Basis of fund performance NAV to NAV, net of expenses, with gross income reinvested. For ETFs, where the base currency is either Euro or US Dollar, returns may increase or decrease as a result of currency fluctuations.
An investment in a money market fund is not a guaranteed investment. An investment in a money market fund is different from an investment in deposits, as the amount invested in a money market fund is capable of fluctuation. Money market funds do not rely on external support for guaranteeing the liquidity of the money market fund or stabilising the Net Asset Value per share. The risk of loss of the amount invested shall be borne by the investor.
Effective day is typically prior Friday. When this is a UK bank holiday the effective date will be amended to prior Thursday. During a UK bank holiday period the data attribute could be disclosed later than normal.