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Less than 25% of the WHO's budget comes from core funds contributed by member states and there are no core funds for emergency response.
Following the announcement, government officials were keen to emphasise that £375m of this money was core funds with a further £280m tied to "matched" funding.
But Vanguard does not include gold or any other commodity in its target-date retirement funds or any other core funds.
Nevertheless, bureaucrats are already creating new impact metrics, especially for next year when the policy is due to be used in the assignment of core funds to higher education institutions.
Bridgeway Aggressive Investors 2 dropped 55%, placing it 357th out of 359 midcap core funds.
Seen through this lens of risk-adjusted returns, the core funds' median return was twice as good.
Similar(22)
Funding is distributed through a regional core fund and then additional funding according to the need of the region.
Two years ago its core funding was even less, at £300,000.
If you shrink the core funding, you shrink the company.
Local authorities in England and Wales face a 28% cut in core funding from April.
But McLennan is adamant they should remain a core fund choice for small investors.
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