The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Euro Corporate 500 1-3Y Index (the “Index”).
The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index's capital and income return.
The Index is designed to reflect the universe of Euro denominated fixed rate corporate bonds which have a par amount outstanding greater than or equal to EUR 500 million.
Bonds in the Index have maturities of between one and three years and are generally investment grade.
To a lesser extent, the Fund may invest in bonds outside the Index where the risk and return characteristics of such bonds closely resemble those of the constituents of the Index.
The Fund attempts to remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due to various factors such as expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in 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 Jan 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
Fundamentals
Fund
Benchmark
As at
Number of bonds
701
1,093
31 Jan 2026
2.8%
2.8%
31 Jan 2026
2.4%
2.4%
31 Jan 2026
2.0 Years
2.0 Years
31 Jan 2026
A-
A-
31 Jan 2026
1.9 Years
1.9 Years
31 Jan 2026
Cash Investment
0.6%
—
31 Jan 2026
Market allocation
As at 31 Jan 2026
Country
Region
Fund
Benchmark
Variance +/-
France
Europe
19.45%
18.65%
0.80%
United States of America
North America
18.18%
18.34%
-0.16%
Germany
Europe
15.03%
14.94%
0.09%
United Kingdom
Europe
7.39%
7.43%
-0.04%
Spain
Europe
6.94%
7.14%
-0.20%
Italy
Europe
6.24%
6.13%
0.11%
Netherlands
Europe
4.49%
5.11%
-0.62%
Sweden
Europe
3.47%
3.71%
-0.24%
Switzerland
Europe
2.03%
1.90%
0.13%
Denmark
Europe
1.86%
2.22%
-0.36%
Belgium
Europe
1.84%
1.57%
0.27%
Finland
Europe
1.68%
1.40%
0.28%
Austria
Europe
1.62%
1.46%
0.16%
Australia
Pacific
1.50%
1.78%
-0.28%
Norway
Europe
1.09%
0.99%
0.10%
Distribution by credit quality (% of funds)
As at 31 Jan 2026
Credit Rating
Fund
Benchmark
Variance +/-
AAA
0.70%
0.30%
0.40%
AA
7.74%
7.57%
0.17%
A
42.79%
42.75%
0.03%
BBB
48.20%
49.37%
-1.17%
Not Rated
0.57%
—
—
Total
100.00%
100.00%
Distribution by credit issuer (% of funds)
As at 31 Jan 2026
Issuers
Fund
Benchmark
Variance +/-
Corporate-Financial Institutions
47.59%
47.88%
-0.29%
Corporate-Industrials
44.37%
45.17%
-0.80%
Corporate-Utilities
6.94%
6.95%
-0.02%
Cash
0.57%
—
—
Treasury/Federal
0.54%
—
—
Total
100.00%
100.00%
Distribution by credit maturity (% of funds)
As at 31 Jan 2026
Maturity
Fund
Benchmark
Variance +/-
Under 1 Year
0.88%
—
—
1 - 5 Years
90.15%
91.67%
-1.52%
5 - 10 Years
4.29%
3.81%
0.48%
10 - 15 Years
0.17%
0.16%
0.01%
20 - 25 Years
1.48%
1.45%
0.03%
Over 25 Years
3.03%
2.92%
0.11%
Total
100.00%
100.01%
Holdings details
As at 31 Jan 2026
Holding name
% of market value
Market value
Face amount
Coupon/Yield
Maturity date
Bundesobligation
0.52231%
€656,661.38
658,618
2.10%
12 Apr 2029
Banco Bilbao Vizcaya Argentaria SA
0.48489%
€609,617.12
600,000
3.38%
20 Sep 2027
AXA SA
0.48045%
€604,043.50
600,000
3.38%
06 Jul 2047
Societe Generale SA
0.46469%
€584,224.25
600,000
0.88%
22 Sep 2028
National Grid PLC
0.45520%
€572,294.72
600,000
0.16%
20 Jan 2028
Goldman Sachs Group Inc/The
0.41274%
€518,913.54
525,000
2.00%
22 Mar 2028
Novartis Finance SA
0.40974%
€515,143.19
550,000
0.00%
23 Sep 2028
DNB Bank ASA
0.40895%
€514,150.69
500,000
4.50%
19 Jul 2028
Engie SA
0.40471%
€508,818.94
500,000
3.75%
06 Sep 2027
Enel SpA
0.39479%
€496,348.57
500,000
2.25%
31 Dec 2079
Prices and distribution
Prices
NAV Price (EUR)
€5.14
Change
+€0.010.22%
At closure 10 Mar 2026
Market value (EUR)
€5.13
Change
+€0.010.14%
At closure 10 Mar 2026
NAV 52-week high
€5.15
At closure 11 Mar 2026
Market value 52-week high
€5.16
At closure 11 Mar 2026
NAV 52-week low
€5.00
At closure 11 Mar 2026
Market value 52-week low
€5.00
At closure 11 Mar 2026
NAV 52-week difference
€0.16
Change
+3.05%
At closure 11 Mar 2026
Market value 52-week difference
€0.16
Change
+3.02%
At closure 11 Mar 2026
Outstanding shares
16,203,817
At closure 28 Feb 2026
Historical Prices
-
Inception date
11 Mar 2025
Listing date
13 Mar 2025
Date
NAV (EUR)
Market price (EUR)
10 Mar 2026
€5.1356
€5.1336
09 Mar 2026
€5.1244
€5.1264
06 Mar 2026
€5.1295
€5.1334
05 Mar 2026
€5.1369
€5.1380
04 Mar 2026
€5.1457
€5.1416
03 Mar 2026
€5.1380
€5.1400
02 Mar 2026
€5.1468
€5.1498
27 Feb 2026
€5.1539
€5.1564
26 Feb 2026
€5.1527
€5.1560
25 Feb 2026
€5.1523
€5.1554
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currencies and stock exchanges
Listed currencies: EUR, CHF
Base currency: EUR
Exchanges: Deutsche Boerse, Borsa Italiana S.p.A., SIX Swiss Exchange, NYSE Euronext - Amsterdam, Bolsa Mexicana De Valores
Fund codes
Ticker iNav Bloomberg: IVSCFEUR
Bloomberg: VGCF GY
Citi: VHRR
Exchange ticker: VGCF
ISIN: IE00BH04FZ00
MEX ID: VRAACZ
Reuters: VGCF.DE
SEDOL: BTCH8Z2
Ticker iNav Bloomberg: iVSCFMXN
Bloomberg: VSCFN MM
ISIN: IE00BH04FZ00
Reuters: VSCF.MX
SEDOL: BNM43C3
Ticker iNav Bloomberg: IVSCFEUR
Bloomberg: VSCF NA
Exchange ticker: VSCF
ISIN: IE00BH04FZ00
Reuters: VSC.AS
SEDOL: BTCH904
Ticker iNav Bloomberg: IVSCFCHF
Bloomberg: VSCF SW
ISIN: IE00BH04FZ00
Reuters: VSCF.S
SEDOL: BTCH915
Exchange ticker: VSCF
Ticker iNav Bloomberg: IVSCFEUR
Exchange ticker: VSCF
Bloomberg: VSCF IM
ISIN: IE00BH04FZ00
Reuters: VSCF.MI
SEDOL: BTCH8X0
Ticker iNav Bloomberg: IVSCFEUR
Bloomberg: VGCF GY
Exchange ticker: VGCF
ISIN: IE00BH04FZ00
Reuters: VGCF.DE
SEDOL: BTCH8Z2
The sum of investment management fees (the fees paid to the portfolio manager to invest your money and manage the fund) and administrative and other expenses (which cover all costs and expenses connected with the operation of the fund, which includes administrative fees, shareholder's registration and transfer agency fees, custody fees and all other operating expenses).
YTM (Yield to Maturity) effective is the rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.
Medium coupon is the average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.
Average maturity is the average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date.
Average quality is an indicator of credit risk. This figure is the average of the ratings assigned to a fund’s fixed income holdings by credit-rating agencies. Quality is a graded scale with Aaa or AAA indicating the most creditworthy bond issuers.
Average duration is an estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates.