Press information



Press information

|NUCLEUS ADDS VANGUARD FUNDS TO PLATFORM |

| |

|Nucleus, the IFA-owned and controlled wrap proposition, has announced the addition of the eleven funds in Vanguard’s UK range onto the platform. |

| |

|Of the eleven tracker funds, which only became available to UK investors on 23rd June, five are UK domiciled with the remainder domiciled in |

|Ireland – see notes to editors for the full list. Globally, Vanguard oversees more than £1.1 trillion under management in equity and bond index |

|mandates, and has more than three decades of index management experience. |

| |

|The announcement demonstrates the competitive advantage of independent wrap propositions such as Nucleus in being able to make the widest possible |

|range of products available to advisers and their clients. |

| |

|Rebecca Christensen, communications director at Nucleus says: |

|“Vanguard has entered the UK market with a competitive price proposition that has presented a challenge to the rest of the asset management sector.|

| |

| |

|“Vanguard’s desire to keep costs low and value for customers high is very much in line with our own thinking and we are pleased to welcome the |

|funds onto the platform.” |

| |

|Tom Rampulla, Managing Director, Vanguard Investments UK comments: |

|“We are very happy investors will be able to access our funds via the Nucleus platform. Nucleus shares our desire to offer customers the best |

|possible investment options while keeping costs low. At Vanguard we have never paid for distribution, and so are dedicated to making Vanguard’s |

|funds available to UK investors in ways which do not diminish returns through unnecessary charges. |

| |

|“With our UK launch we hope to build on the success we have achieved in the US, as the leading provider of high-value, low cost investment products|

|and services.” |

-Ends-

For further information please visit or contact:

Sarah O’Connell / Andrew Appleyard, MRM - 020 3326 9903

Notes to editors:

|U.K. |Irish |

|Vanguard FTSE U.K. Equity Index Fund |Vanguard Japan Stock Index Fund |

|Vanguard FTSE U.K. Equity Income Index Fund |Vanguard Pacific ex-Japan Stock Index Fund |

|Vanguard FTSE Developed World ex-U.K. Equity Index Fund |Vanguard Emerging Markets Stock Index Fund |

|Vanguard FTSE Developed Europe ex U.K. Equity Index Fund |Vanguard UK Investment Grade Bond Index Fund |

|Vanguard U.S. Equity Index Fund |Vanguard UK Government Bond Index Fund |

|  |Vanguard Global Bond Index Fund |

About Nucleus

Nucleus Financial Group is an online wrap based business platform.

Nucleus was founded in 2006 by a number of high quality IFAs who shared a commitment to create a market where advisors have the infrastructure and desire to place the client centre stage.

Since foundation Nucleus has established itself as a major force for change in the market. It is now a community of IFA businesses who through ownership and control of the business process seek to create a better customer experience.

The management team is led by David Ferguson chief executive, and offers extensive experience across all areas of the UK retail financial services market.

The company was rewarded for its ground-breaking approach at the Scottish Financial Enterprise (SFE) Innovators Awards held in Edinburgh on 29 November 2007.

Nucleus Financial was rewarded for bringing something new to the wrap platform sector and won best new platform at the 2008 Adnitor Awards in October.

Nucleus won the ‘Best online wrap or fund supermarket’ accolade at the 2008 Online Finance awards in November, 2008.

About Vanguard:

Vanguard Investments UK is authorised and regulated by the Financial Services Authority. Vanguard UK Investments’ ultimate parent company is the Vanguard Group, a leading provider of high-value investment services, whose mission is to help clients achieve their goals by being the world’s highest value provider of investment products and services. Since establishing the first indexed mutual fund in the US in 1976, Vanguard has grown into one of the world’s largest and most respected investment management companies. Vanguard manages more than US $1.1 trillion in assets and serves more than 23 million individual and institutional accounts worldwide.

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download