• Fund type

    Asset class

    Management style

  • Policies

    Fund range

    How to invest

  • Overview
  • About Vanguard""Fraud prevention""

    About this fund

    Fund objectives

    • The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg MSCI EUR Corporate Liquid Bond Screened Index (the “Index”).
    • In tracking the performance of the Index, the Fund will invest in a EUR denominated portfolio of investment grade corporate fixed-rate bonds that so far as possible and practicable consists of a representative sample of the component securities of the Index.
    • The Index is constructed from the Bloomberg Euro-Aggregate Corporates Index (the “Parent Index”) which represents a similar investment universe which is then screened for certain environmental, social, and governance (i.e. controversy-related) criteria which is independent of Vanguard. criteria (the “screening criteria") by Bloomberg as the sponsor of the Index, which is independent of Vanguard.
    • Through the screening out of bonds issued by corporate issuers from its portfolio based on the potentially detrimental impact of the relevant corporate issuer’s conduct or products on society and / or the environment, the Fund promotes certain environmental characteristics and social characteristics relating to social norms and standards.
    • The Index methodology excludes the bonds of corporate issuers that MSCI determines (a) to be engaged in activities in or involved in specific parts of the supply chain for, and/or (b) derive revenue (above a threshold specified by the Index provider) from, certain business segments of activities related to the following: (i) adult entertainment, (ii) alcohol, (iii) gambling, (iv) tobacco, (v) nuclear weapons, (vi) controversial weapons, (vii) conventional weapons, (viii) civilian firearms, (ix) nuclear power, or (x) fossil fuels (which includes thermal coal, oil, gas, oil sands, arctic oil or arctic gas). The index provider defines what constitutes “involvement” in each activity. This may be based on percentage of revenue or any connection to a restricted activity regardless of the amount of revenue received, and will relate to specific parts of the supply chain.
    • Company product and conduct involvement is monitored on a yearly basis by the Index provider and as new data is made available to the Index provider.
    • For the full investment strategy please review the prospectus.

    Fund facts

    Share class inception
    —
    Listing date
    —
    Investment structure
    —
    Share Class Assets'
    —
    Total Assets
    —
    Risk indicator
    —
    Strategy
    —
    Asset Class
    —
    Domicile
    —
    Investment method
    —
    Index ticker
    —
    Dividend schedule
    —
    Benchmark
    —
    Legal entity
    —
    Register countries
    —

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Performance

    Risk and Volatility

    As at 31 Jul 2026

    Beta
    R²
    Annualized Tracking Error
    1 year
    3 years
    5 years
    —

    Please note Beta and R-squared data will only display for funds with 3 full years of history.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Portfolio data

    Characteristics
    FundamentalsFundBenchmarkAs at
    Number of bonds 1,129 3,024 31 Jul 2026
    3.8% 3.8% 31 Jul 2026
    3.2% 3.0% 31 Jul 2026
    5.2 Years 5.2 Years 31 Jul 2026
    A- A- 31 Jul 2026
    4.5 Years 4.5 Years 31 Jul 2026
    Cash Investment 0.8% — 31 Jul 2026

    The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result in negative weightings. The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. Allocations are subject to change.

    Cash includes physical cash on the account, cash like instruments (such as ultra-short term treasury bonds) and derivative instruments.

    Market allocation

    As at 31 Jul 2026

    CountryRegionFundBenchmarkVariance +/-
    United States of AmericaNorth America 25.60% 25.65% -0.05%
    FranceEurope 17.27% 17.55% -0.28%
    GermanyEurope 12.12% 11.81% 0.31%
    United KingdomEurope 8.47% 8.89% -0.42%
    SpainEurope 5.96% 6.00% -0.04%
    NetherlandsEurope 5.84% 5.52% 0.32%
    ItalyEurope 3.18% 3.54% -0.36%
    SwedenEurope 3.04% 3.19% -0.15%
    SwitzerlandEurope 2.40% 2.17% 0.23%
    DenmarkEurope 2.35% 2.45% -0.10%
    JapanPacific 1.87% 2.12% -0.25%
    AustraliaPacific 1.68% 1.70% -0.02%
    CanadaNorth America 1.35% 1.26% 0.09%
    BelgiumEurope 1.35% 1.24% 0.11%
    FinlandEurope 1.13% 1.05% 0.08%

    Distribution by credit quality (% of funds)

    As at 31 Jul 2026

    Distribution by credit issuer (% of funds)

    As at 31 Jul 2026

    Distribution by credit maturity (% of funds)

    As at 31 Jul 2026

    Holdings details

    As at 31 Jul 2026

    Holding name% of market valueMarket valueFace amountCoupon/YieldMaturity date
    Mercedes-Benz Group AG 0.33344% €436,675.77 450,000 1.38% 11 May 2028
    Deutsche Lufthansa AG 0.30948% €405,292.90 400,000 4.00% 21 May 2030
    Pluxee NV 0.30531% €399,841.98 400,000 3.50% 04 Sep 2028
    Credit Agricole SA/London 0.29275% €383,393.48 400,000 1.75% 05 Mar 2029
    Banque Federative du Credit Mutuel SA 0.28750% €376,511.49 400,000 0.63% 03 Nov 2028
    Morgan Stanley 0.24473% €320,498.76 300,000 5.15% 25 Jan 2034
    Banco Santander SA 0.24139% €316,129.46 300,000 4.88% 18 Oct 2031
    Banco Santander SA 0.23714% €310,562.76 300,000 5.75% 23 Aug 2033
    Danske Bank A/S 0.23703% €310,412.46 300,000 4.75% 21 Jun 2030
    Societe Generale SA 0.23484% €307,548.05 300,000 4.75% 28 Sep 2029

    Total allocation percentages shown in the holdings details or the spreadsheet may not equal 100%, due to rounding or omission of cash and/or derivative instruments.  

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Some short-term fixed income securities are classified as cash and are excluded, along with derivatives, from the weighted bond exposures. 

    Prices and distribution

    Prices

    NAV Price (EUR)
    €5.78
    EUR
    Change
    +€0.000.08%
    At closure 04 Sep 2026
    Market value (EUR)
    €5.78
    Change
    +€0.000.05%
    At closure 04 Sep 2026
    NAV 52-week high
    €5.86
    At closure 05 Sep 2026
    Market value 52-week high
    €5.86
    At closure 05 Sep 2026
    NAV 52-week low
    €5.70
    At closure 05 Sep 2026
    Market value 52-week low
    €5.70
    At closure 05 Sep 2026
    NAV 52-week difference
    €0.16
    Change
    +2.68%
    At closure 05 Sep 2026
    Market value 52-week difference
    €0.16
    Change
    +2.73%
    At closure 05 Sep 2026
    Outstanding shares
    20,156,246
    At closure 31 Aug 2026
    Historical Prices

    -

    Inception date

    15 Nov 2022

    Listing date

    17 Nov 2022

    Date NAV (EUR) Market price (EUR)
    04 Sep 2026 €5.7770 €5.7778
    03 Sep 2026 €5.7726 €5.7750
    02 Sep 2026 €5.7630 €5.7612
    01 Sep 2026 €5.7747 €5.7722
    31 Aug 2026 €5.7816 €5.7782
    28 Aug 2026 €5.7899 €5.7942
    27 Aug 2026 €5.7997 €5.7986
    26 Aug 2026 €5.8062 €5.8076
    25 Aug 2026 €5.8091 €5.8142
    24 Aug 2026 €5.7974 €5.8010

    Distribution history

    Distribution frequency

    —

    Historical performance

    —

    All dividends are reinvested for the "Accumulation" shares.

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    Purchase information

    Currencies and stock exchanges

    Listed currencies: CHF, EUR, GBP

    Base currency:EUR

    Exchanges: SIX Swiss Exchange, NYSE Euronext - Amsterdam, Deutsche Boerse, Borsa Italiana S.p.A., London Stock Exchange

    Fund codes

    The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

    SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC. SEDOL data was extracted from the London Stock Exchange SEDOL Masterfile®.