Vanguard Australian Fixed Interest Fund
Asset Class: Fixed Interest
Description: Australian Fixed Interest, Passive
- The Vanguard Australian Fixed Interest Index Fund invests in in high-quality, income-generating securities issued by the Commonwealth Government of Australia, Australian State Government authorities and treasury corporations, as well as investment-grade corporate issuers.
- The Fund invests predominantly in securities with high credit ratings.
- The Fund is expected to provide some diversification relative to equities.
- The Fund is expected to performed well in environments where interest rates are falling and is unlikely to perform well in environments where interest rates are rising.