Global Short-Term Bond Index Fund
Global Short-Term Bond Index Fund - Investor EUR Hedged Acc (VGSTIVS)
Related Documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Global Aggregate Ex US MBS 1-5 Year Float Adjusted and Scaled Index (the “Index”).
- The Index includes global government, government-related agencies, corporate and securitised bonds, with a maturity between 1 and 5 years. Bloomberg applies a filter to the Index to exclude US Mortgage Backed Securities from the universe of fixed income securities.
- The Fund attempts to: 1. Track the performance of the Index by investing in a portfolio of securities that, insofar as possible and practicable, consists of a representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions.
Fund facts
Share class inception
31 Mar 2014
Minimum initial investment
€1,000,000.00
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Dividend schedule
—
Currency
EUR
Index ticker
H34612EU
Benchmark
Bloomberg Global Aggregate Ex US MBS 1-5 Year Float Adjusted and Scaled Index in EUR
Register countries
Luxembourg, Ireland, Spain, Norway, Germany, Liechtenstein, Netherlands, Switzerland, Denmark, France, United Kingdom, Portugal, Italy, Austria, Finland and Sweden
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 Aug 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 | 5,550 | 16,029 | 31 Aug 2026 |
| 4.0% | 4.0% | 31 Aug 2026 | |
| 3.2% | 3.1% | 31 Aug 2026 | |
| 2.9 Years | 2.9 Years | 31 Aug 2026 | |
| AA- | AA- | 31 Aug 2026 | |
| 2.7 Years | 2.7 Years | 31 Aug 2026 | |
| Cash Investment | 0.7% | — | 31 Aug 2026 |
Market allocation
As at 31 Aug 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 43.35% | 43.27% | 0.08% |
| Germany | Europe | 7.15% | 7.03% | 0.12% |
| France | Europe | 6.76% | 6.82% | -0.06% |
| Japan | Pacific | 4.51% | 4.63% | -0.12% |
| Canada | North America | 4.29% | 4.30% | -0.01% |
| Italy | Europe | 4.20% | 4.07% | 0.13% |
| United Kingdom | Europe | 3.92% | 3.94% | -0.02% |
| Supranational | Other | 3.58% | 3.81% | -0.23% |
| Spain | Europe | 2.75% | 2.77% | -0.02% |
| Australia | Pacific | 2.01% | 2.13% | -0.12% |
| South Korea | Pacific | 1.90% | 1.83% | 0.07% |
| Netherlands | Europe | 1.49% | 1.47% | 0.02% |
| Sweden | Europe | 1.33% | 1.22% | 0.11% |
| China | Emerging Markets | 1.02% | 1.24% | -0.22% |
| Switzerland | Europe | 0.84% | 0.83% | 0.01% |
Distribution by credit quality (% of funds)
As at 31 Aug 2026
| Credit Rating | Fund |
|---|---|
| AAA | 16.69% |
| AA | 40.95% |
| A | 25.29% |
| Less than BBB | 0.00% |
| BBB | 16.51% |
| Not Rated | 0.56% |
Distribution by credit issuer (% of funds)
As at 31 Aug 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 58.27% |
| Gov-Related-Provincials/Municipals | 0.02% |
| Gov-Related-Agencies | 5.54% |
| Gov-Related-Local Authority | 2.99% |
| Gov-Related-Sovereign | 1.47% |
| Gov-Related-Supranational | 3.58% |
| Corporate-Industrials | 10.71% |
| Corporate-Utilities | 1.68% |
| Corporate-Financial Institutions | 10.95% |
| Securitized-Asset Backed Security | 3.90% |
| Securitized-Commercial Mortgage Backed Security | 0.66% |
| Cash | 0.66% |
| Other | -0.43% |
Distribution by credit maturity (% of funds)
As at 31 Aug 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.39% |
| 1 - 2 Years | 29.23% |
| 2 - 3 Years | 23.22% |
| 3 - 4 Years | 21.97% |
| 4 - 5 Years | 22.39% |
| Over 5 Years | 2.80% |
Holdings details
As at 31 Aug 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 0.58515% | €46,437,472.51 | 49,455,000 | 1.13% | 31 Aug 2028 |
| United States Treasury Note/Bond | 0.54589% | €43,322,224.06 | 46,145,000 | 1.25% | 30 Sep 2028 |
| United States Treasury Note/Bond | 0.51097% | €40,550,419.05 | 40,775,000 | 4.00% | 31 May 2028 |
| United States Treasury Note/Bond | 0.50513% | €40,087,125.00 | 46,800,000 | 1.25% | 15 Aug 2031 |
| United States Treasury Note/Bond | 0.50062% | €39,729,817.97 | 42,315,000 | 1.38% | 31 Oct 2028 |
| United States Treasury Note/Bond | 0.48799% | €38,726,796.88 | 44,860,000 | 0.88% | 15 Nov 2030 |
| United Kingdom Gilt | 0.47647% | €37,813,075.93 | 27,900,000 | 4.38% | 07 Mar 2028 |
| United States Treasury Note/Bond | 0.47569% | €37,750,879.69 | 43,785,000 | 0.63% | 15 Aug 2030 |
| United States Treasury Note/Bond | 0.46985% | €37,287,213.11 | 43,025,000 | 1.13% | 15 Feb 2031 |
| French Republic Government Bond OAT | 0.46030% | €36,529,364.89 | 32,501,496 | 0.75% | 25 Feb 2028 |
Prices and distribution
Prices
NAV Price (EUR)
€104.31
EURChange
+€0.100.09% At closure 06 Oct 2026
NAV 52-week high
€106.04
At closure 07 Oct 2026
NAV 52-week low
€103.96
At closure 07 Oct 2026
NAV 52-week difference
€2.08
Change
+1.96% At closure 07 Oct 2026
Historical Prices
-
Inception date
31 Mar 2014
| Date | NAV (EUR) |
|---|---|
| 06 Oct 2026 | €104.3094 |
| 05 Oct 2026 | €104.2132 |
| 02 Oct 2026 | €104.1736 |
| 01 Oct 2026 | €104.2158 |
| 30 Sep 2026 | €104.0869 |
| 29 Sep 2026 | €104.0215 |
| 28 Sep 2026 | €103.9606 |
| 25 Sep 2026 | €104.1045 |
| 24 Sep 2026 | €103.9888 |
| 23 Sep 2026 | €104.1189 |
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency:EUR
Fund codes
- Bloomberg:VGSTIVS
- Citi:K6EH
- ISIN:IE00BH65QK91
- MEX ID:VIAACQ
- SEDOL:BH65QK9