{"annotation_id":"144932bf-af6d-4c3b-96c5-8b793b349545","file_hash":"2a37c17ad2ccc3a3ab11fa37b411a7fe5f13e7a5069018ef44e46fad3786ee3c","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"c5ca63f6-8c87-419f-9761-880b91f3e20c","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":50,"width":155,"height":25}},{"id":"c170f3f6-a65a-4139-8e53-5064aeb6b5fc","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":51,"width":14,"height":4}},{"id":"cfa744b1-60b0-4b50-b800-c0b506fd7681","block_type":"box","text":"Minimum initial","page_number":1,"box":{"x":39,"y":315,"width":85,"height":7}},{"id":"18660131-b790-44eb-96c1-4850bd49bf2d","block_type":"box","text":"investment","page_number":1,"box":{"x":39,"y":326,"width":63,"height":6}},{"id":"5c6b361b-1bb5-4ed4-ba96-122431b0441a","block_type":"box","text":"ISIN","page_number":1,"box":{"x":142,"y":326,"width":22,"height":6}},{"id":"fb0e4096-5383-4ca6-bfdb-13fc695fd586","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":238,"y":326,"width":41,"height":6}},{"id":"0eff1d90-c069-4412-a77e-1a59434fc4c4","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":305,"y":326,"width":60,"height":8}},{"id":"ee0d2164-1732-4c14-843c-3b7d49257aec","block_type":"box","text":"Investment","page_number":1,"box":{"x":375,"y":316,"width":64,"height":6}},{"id":"31c28ec0-c83b-4596-9893-4dcbdc1fad73","block_type":"box","text":"structure","page_number":1,"box":{"x":375,"y":327,"width":52,"height":5}},{"id":"d999e911-340a-4faf-921c-c2082b23801b","block_type":"box","text":"SRRI","page_number":1,"box":{"x":489,"y":326,"width":27,"height":6}},{"id":"0a04a304-3313-4564-92f4-a25681118af8","block_type":"box","text":"‡","page_number":1,"box":{"x":516,"y":325,"width":5,"height":4}},{"id":"6370ef90-f21a-4bf7-9c48-8184a7055dba","block_type":"box","text":"Index","page_number":1,"box":{"x":562,"y":316,"width":30,"height":6}},{"id":"16451f8b-aaad-4617-a42b-6b03c2d47aee","block_type":"box","text":"ticker","page_number":1,"box":{"x":562,"y":326,"width":32,"height":6}},{"id":"32937a2b-cc7c-418e-8351-98f3735e3c42","block_type":"box","text":"Domicile","page_number":1,"box":{"x":636,"y":326,"width":47,"height":6}},{"id":"c327725d-28d2-468a-b2ef-adec2e8fa5ca","block_type":"box","text":"Settlement","page_number":1,"box":{"x":751,"y":326,"width":64,"height":6}},{"id":"d4c91630-4b1a-4577-8f62-a5959c33b02a","block_type":"box","text":"Trading frequency","page_number":1,"box":{"x":833,"y":315,"width":102,"height":8}},{"id":"8567f26b-327b-4dc2-a529-61d8fd443ccd","block_type":"box","text":"(cut-off)","page_number":1,"box":{"x":833,"y":326,"width":49,"height":7}},{"id":"106a22b2-a53d-46fe-a085-c09e570bb07e","block_type":"box","text":"£100,000,000","page_number":1,"box":{"x":39,"y":345,"width":60,"height":6}},{"id":"f9c78389-f54d-4e4f-b3c8-91fc51734846","block_type":"box","text":"IE00BPT2BV95","page_number":1,"box":{"x":142,"y":345,"width":64,"height":5}},{"id":"fcbe374f-5a0b-4a92-8aa0-9b02f40e7a4f","block_type":"box","text":"BPT2BV9","page_number":1,"box":{"x":239,"y":345,"width":39,"height":5}},{"id":"377ba818-a1ac-4f77-b759-83c6571e3427","block_type":"box","text":"VAVGUKA","page_number":1,"box":{"x":305,"y":345,"width":44,"height":5}},{"id":"053b8fff-ee40-4063-95b4-c1d1cd3aefd9","block_type":"box","text":"UCITS","page_number":1,"box":{"x":375,"y":345,"width":26,"height":5}},{"id":"ef195f8d-a513-4864-be0d-5d32072d36b7","block_type":"box","text":"4","page_number":1,"box":{"x":489,"y":345,"width":5,"height":5}},{"id":"c9a2c2da-49ae-49a9-aaf9-7f341c2474d0","block_type":"box","text":"I23046GB","page_number":1,"box":{"x":562,"y":345,"width":43,"height":5}},{"id":"146b5c2f-8049-488d-be46-10eb78fe16a6","block_type":"box","text":"Ireland","page_number":1,"box":{"x":636,"y":345,"width":28,"height":5}},{"id":"93245d9a-9ad3-478b-846b-09acdc616a67","block_type":"box","text":"T+2","page_number":1,"box":{"x":751,"y":345,"width":15,"height":5}},{"id":"c88ebb99-a253-406d-a5d2-ffbc88549b77","block_type":"box","text":"Daily (12:00 Irish Time)","page_number":1,"box":{"x":833,"y":345,"width":98,"height":6}},{"id":"a86e6dab-1a96-44d5-8271-cbf0ef19b21a","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":128,"width":229,"height":9}},{"id":"74607559-f85b-4e33-b2e5-0e335d28d364","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":142,"width":84,"height":9}},{"id":"a8c326e6-a98d-4f93-8adf-713e441292fc","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":142,"width":7,"height":12}},{"id":"4dbc47e3-5286-4253-b74e-9ecd9a4dd503","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":143,"width":161,"height":10}},{"id":"114d2199-ab13-44a8-bb27-7b57b4d1b6fa","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":1,"box":{"x":38,"y":173,"width":724,"height":20}},{"id":"c247cca0-53e5-488e-a9e9-6b6d8e11a4c0","block_type":"box","text":"Institutional Plus GBP Acc","page_number":1,"box":{"x":40,"y":198,"width":220,"height":10}},{"id":"088cc869-6f81-42ed-9d92-1c4ca80423b5","block_type":"box","text":"Inception date: 02 September 2014","page_number":1,"box":{"x":40,"y":215,"width":255,"height":10}},{"id":"c8632ba6-9497-4086-a7af-5c3b68ee34e7","block_type":"box","text":"Total assets (million) £3,970","page_number":1,"box":{"x":38,"y":232,"width":161,"height":7}},{"id":"a6c7c797-0233-44eb-9b33-f201523cad07","block_type":"box","text":"|","page_number":1,"box":{"x":204,"y":232,"width":2,"height":7}},{"id":"15b73517-1c53-4b34-b31d-a1ee1431674d","block_type":"box","text":"Share class assets (million) £1,427 as at 30 September 2026","page_number":1,"box":{"x":211,"y":232,"width":340,"height":8}},{"id":"fb845d79-3940-4338-8488-a082b4fd676d","block_type":"box","text":"Ongoing Charges Figure","page_number":1,"box":{"x":39,"y":432,"width":154,"height":9}},{"id":"447914c1-407b-415c-837a-87e41782b967","block_type":"box","text":"†","page_number":1,"box":{"x":194,"y":433,"width":4,"height":3}},{"id":"abd4df04-08b1-4b0b-9470-f1279fa6ccd7","block_type":"box","text":"0.06 %","page_number":1,"box":{"x":228,"y":433,"width":36,"height":6}},{"id":"078881f3-48fe-4b44-aa9c-e3b9fcd9eb16","block_type":"box","text":"†The Ongoing Charges Figure (OCF) covers administration, audit, depository, legal, registration and regulatory expenses incurred in respect of th","page_number":1,"box":{"x":39,"y":448,"width":721,"height":8}},{"id":"13c776fa-34e5-4615-9833-eb220ce8a6c3","block_type":"box","text":"e Funds.","page_number":1,"box":{"x":761,"y":448,"width":41,"height":6}},{"id":"0c59daba-d264-49b8-bd22-25ec332b3d54","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":467,"width":213,"height":9}},{"id":"234a55ee-f20b-4291-a3c0-c9d8038121c5","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":486,"width":3,"height":2}},{"id":"1807f409-6e0d-421b-af56-be75d104e04a","block_type":"box","text":"The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the pe","page_number":1,"box":{"x":51,"y":483,"width":732,"height":8}},{"id":"8c1071e3-7e6f-4f25-b52a-e657a853e90a","block_type":"box","text":"rformance of the Bloomberg GBP","page_number":1,"box":{"x":784,"y":483,"width":167,"height":8}},{"id":"676ca3a2-f434-4441-abdb-375cf9b72d50","block_type":"box","text":"Non Government Float Adjusted Bond Index (the “Index”).","page_number":1,"box":{"x":51,"y":494,"width":288,"height":8}},{"id":"03036b8b-b186-41c3-beff-283677bd6700","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":508,"width":3,"height":3}},{"id":"e71020a0-687f-4705-8e69-4c0fb8540450","block_type":"box","text":"The Index is a market-weighted index of pound sterling denominated investment-grade fixed-income securities with maturities greater than one year and","page_number":1,"box":{"x":51,"y":506,"width":766,"height":8}},{"id":"39bbfb2f-d626-49fe-8958-52aa5eb47902","block_type":"box","text":"a minimum issue size of","page_number":1,"box":{"x":821,"y":506,"width":118,"height":6}},{"id":"cb17da8c-91da-4497-84de-4dd89806925b","block_type":"box","text":"GBP 200 million, but excluding certain sectors as set out below. The Index includes securities issued by corporate, securitised, and government-relate","page_number":1,"box":{"x":51,"y":517,"width":741,"height":7}},{"id":"d44c0e5b-b6af-4918-acbb-d4be07e7856e","block_type":"box","text":"d/supranational entities,","page_number":1,"box":{"x":793,"y":516,"width":123,"height":8}},{"id":"fb5bafbd-662d-4539-8952-12dc7e286b4d","block_type":"box","text":"including non UK governments who issue securities in pound sterling, but excludes UK Treasury, UK agency and UK local authority issuers.","page_number":1,"box":{"x":51,"y":527,"width":682,"height":8}},{"id":"fdaf4227-2483-4e9a-aed2-25cdbac3115c","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":542,"width":3,"height":2}},{"id":"ebcd394a-8e21-47cf-9b0c-cca48665d7cc","block_type":"box","text":"The Fund attempts to: 1. Track the performance of the Index by investing through physical acquisition in a portfolio of securities that, insofar as po","page_number":1,"box":{"x":51,"y":540,"width":731,"height":7}},{"id":"9c49f83e-e4be-4e4c-9674-e5142dcc13bc","block_type":"box","text":"ssible and practicable, consists of a","page_number":1,"box":{"x":783,"y":540,"width":175,"height":7}},{"id":"dab46a88-2054-4ba9-9fd7-c36eba462811","block_type":"box","text":"representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditio","page_number":1,"box":{"x":51,"y":550,"width":733,"height":8}},{"id":"305c9431-81df-4b09-8abe-8e98e6defd5a","block_type":"box","text":"ns where the Fund may","page_number":1,"box":{"x":786,"y":550,"width":116,"height":8}},{"id":"18f84f0c-0147-4a94-a9b2-5b329513b897","block_type":"box","text":"temporarily depart from this investment policy to avoid losses.","page_number":1,"box":{"x":51,"y":561,"width":312,"height":7}},{"id":"0c1e9773-a9bf-4a35-9922-ba09435f4711","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":39,"y":582,"width":133,"height":9}},{"id":"3fb2f80d-a653-4e3d-ac08-f179fd34b0a7","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":38,"y":601,"width":193,"height":8}},{"id":"2ce6224b-030f-4996-8e41-150da4f9cec9","block_type":"box","text":"‡","page_number":1,"box":{"x":33,"y":964,"width":4,"height":6}},{"id":"10234502-4135-48fa-865a-7d0ffe07be40","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":964,"width":206,"height":7}},{"id":"019a7881-adf2-4e54-965e-6c7bc3584981","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":1,"box":{"x":41,"y":975,"width":658,"height":8}},{"id":"cc215cc6-caa0-41c8-b458-19c480439796","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":2,"box":{"x":38,"y":32,"width":724,"height":20}},{"id":"384dad8d-d84f-413b-91af-388f421de76a","block_type":"box","text":"Institutional Plus GBP Acc","page_number":2,"box":{"x":40,"y":57,"width":220,"height":10}},{"id":"d9de551b-ffb8-47cf-bc7c-51aa6677cb75","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":124,"width":127,"height":8}},{"id":"91998e15-1d04-46e4-aeb3-12e650ff221a","block_type":"box","text":"GBP","page_number":2,"box":{"x":39,"y":142,"width":21,"height":6}},{"id":"d20a13c9-50b2-48d9-b22c-d8b6b98e6652","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":145,"width":8,"height":1}},{"id":"49e2ac54-c484-46be-a2d9-e0b5ef7099f8","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":2,"box":{"x":69,"y":142,"width":251,"height":8}},{"id":"69d62fc9-cea2-4b56-9604-f9ae9b27de5f","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":153,"width":56,"height":6}},{"id":"2da642f0-8aa8-4233-adc0-1d2cc2cebdd6","block_type":"box","text":"— Bloomberg GBP Non-Government Float Adjusted Bond Index","page_number":2,"box":{"x":98,"y":153,"width":315,"height":7}},{"id":"828a3b66-6986-47d0-9162-120980ac8271","block_type":"box","text":"01 Oct 2016","page_number":2,"box":{"x":197,"y":573,"width":53,"height":5}},{"id":"60a46d05-8cd4-4075-bf24-1b95112ef6ca","block_type":"box","text":"-","page_number":2,"box":{"x":223,"y":585,"width":3,"height":0}},{"id":"25353c13-d897-4e61-a8d2-9aa82382f205","block_type":"box","text":"30 Sep 2017","page_number":2,"box":{"x":197,"y":590,"width":53,"height":7}},{"id":"7e23193d-0bb5-434a-b7e6-e0ee67202508","block_type":"box","text":"01 Oct 2017","page_number":2,"box":{"x":274,"y":573,"width":53,"height":5}},{"id":"bd71f617-306c-4890-8e12-4e6533e64afc","block_type":"box","text":"-","page_number":2,"box":{"x":301,"y":585,"width":2,"height":0}},{"id":"1e95523b-c9cc-4f6e-acca-f548a0751887","block_type":"box","text":"30 Sep 2018","page_number":2,"box":{"x":274,"y":590,"width":53,"height":7}},{"id":"d0e16a4c-9246-4eec-bec3-73bb0617e1be","block_type":"box","text":"01 Oct 2018","page_number":2,"box":{"x":352,"y":573,"width":53,"height":5}},{"id":"3061ca1d-685c-49cc-8747-be5d86aaead5","block_type":"box","text":"-","page_number":2,"box":{"x":378,"y":585,"width":3,"height":0}},{"id":"67a11a0e-f3f9-4a46-a5d4-61320e16c778","block_type":"box","text":"30 Sep 2019","page_number":2,"box":{"x":351,"y":590,"width":54,"height":7}},{"id":"a28c1310-4a4f-49c2-a454-7ffd80846e9d","block_type":"box","text":"01 Oct 2019","page_number":2,"box":{"x":429,"y":573,"width":53,"height":5}},{"id":"3d436fe5-6c01-4399-a684-8a513496aee5","block_type":"box","text":"-","page_number":2,"box":{"x":456,"y":585,"width":2,"height":0}},{"id":"5f4f9706-e1c8-4d9a-9445-d23d14eaec7d","block_type":"box","text":"30 Sep 2020","page_number":2,"box":{"x":429,"y":590,"width":53,"height":7}},{"id":"97eddb70-5e43-4ce1-b43a-fcb7284690c5","block_type":"box","text":"01 Oct 2020","page_number":2,"box":{"x":507,"y":573,"width":53,"height":5}},{"id":"aae7499e-9a9c-4e47-ad14-fde32b7f6853","block_type":"box","text":"-","page_number":2,"box":{"x":533,"y":585,"width":2,"height":0}},{"id":"d557e706-7624-4e00-87ff-03fc5efb1f1a","block_type":"box","text":"30 Sep 2021","page_number":2,"box":{"x":506,"y":590,"width":54,"height":7}},{"id":"2510d760-45f8-4cbe-9373-eae2f0334a5e","block_type":"box","text":"01 Oct 2021","page_number":2,"box":{"x":584,"y":573,"width":53,"height":5}},{"id":"2c5a2b27-e8db-4734-ac0e-84dbd12a8d50","block_type":"box","text":"-","page_number":2,"box":{"x":610,"y":585,"width":3,"height":0}},{"id":"7e2370bd-47e8-4ec9-a1b1-a49cf5b35eb1","block_type":"box","text":"30 Sep 2022","page_number":2,"box":{"x":584,"y":590,"width":53,"height":7}},{"id":"83f88e3d-cca4-4260-8984-63fd994d0464","block_type":"box","text":"01 Oct 2022","page_number":2,"box":{"x":661,"y":573,"width":53,"height":5}},{"id":"d38655d1-428d-469b-bedd-873692931240","block_type":"box","text":"-","page_number":2,"box":{"x":688,"y":585,"width":2,"height":0}},{"id":"159e3c59-ef9f-410b-a470-42fb42454a1c","block_type":"box","text":"30 Sep 2023","page_number":2,"box":{"x":661,"y":590,"width":53,"height":7}},{"id":"ff2be9d3-148e-4dcc-80af-f9a874f9ed2e","block_type":"box","text":"01 Oct 2023","page_number":2,"box":{"x":739,"y":573,"width":53,"height":5}},{"id":"ff5d04e2-b8ac-4aa6-b54a-df54a3096ea6","block_type":"box","text":"-","page_number":2,"box":{"x":765,"y":585,"width":3,"height":0}},{"id":"c59e0c14-4048-4374-89de-2a12917b288e","block_type":"box","text":"30 Sep 2024","page_number":2,"box":{"x":739,"y":590,"width":53,"height":7}},{"id":"49bcec39-63d2-45d3-be07-4c2ca2862cf8","block_type":"box","text":"01 Oct 2024","page_number":2,"box":{"x":816,"y":573,"width":53,"height":5}},{"id":"41befae4-9c96-4616-adc0-f0086fa8d05b","block_type":"box","text":"-","page_number":2,"box":{"x":843,"y":585,"width":2,"height":0}},{"id":"62de987e-c5f8-4ddb-a822-3fe251c0d713","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":816,"y":590,"width":53,"height":7}},{"id":"e9d79016-e77f-407c-9f58-af38ef6cf5e4","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":894,"y":573,"width":53,"height":5}},{"id":"c44aed38-7115-4210-9167-86aeaf91c279","block_type":"box","text":"-","page_number":2,"box":{"x":920,"y":585,"width":3,"height":0}},{"id":"7551648e-01df-4b0b-a3f5-223570710b07","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":894,"y":590,"width":53,"height":7}},{"id":"107085b3-d1a0-4876-be29-bddb20302a3b","block_type":"box","text":"Fund","page_number":2,"box":{"x":63,"y":606,"width":20,"height":6}},{"id":"66205a06-1f94-4ada-ac84-26640006887a","block_type":"box","text":"(Net of expenses)","page_number":2,"box":{"x":87,"y":607,"width":62,"height":6}},{"id":"4a768060-712c-4834-9803-885edb5e44db","block_type":"box","text":"-0.39%","page_number":2,"box":{"x":208,"y":608,"width":30,"height":5}},{"id":"951b20d0-76dd-4517-b91f-23226b45af69","block_type":"box","text":"0.77%","page_number":2,"box":{"x":287,"y":608,"width":27,"height":5}},{"id":"3d5743d5-d8cc-41fc-b205-d29a55617e73","block_type":"box","text":"9.47%","page_number":2,"box":{"x":365,"y":608,"width":26,"height":5}},{"id":"7c5207fa-e562-4cab-97b8-19d112051374","block_type":"box","text":"3.92%","page_number":2,"box":{"x":442,"y":608,"width":27,"height":5}},{"id":"080706da-8ee4-4549-afde-49bdcd061ac0","block_type":"box","text":"0.19%","page_number":2,"box":{"x":519,"y":608,"width":27,"height":5}},{"id":"8c55c87a-d2ed-4ece-8844-619a3f4b69cb","block_type":"box","text":"-22.20%","page_number":2,"box":{"x":592,"y":608,"width":36,"height":5}},{"id":"7f9da3f1-ddaf-4a21-95c9-c5790c0e7688","block_type":"box","text":"6.95%","page_number":2,"box":{"x":674,"y":608,"width":27,"height":5}},{"id":"bdfdb4b4-e332-4a0d-af71-f7ad3a3efe8c","block_type":"box","text":"9.73%","page_number":2,"box":{"x":752,"y":608,"width":27,"height":5}},{"id":"b89e1735-4794-4334-a254-2b437958b995","block_type":"box","text":"3.74%","page_number":2,"box":{"x":829,"y":608,"width":27,"height":5}},{"id":"b4e1712e-838d-4f3f-bfad-d3a43066056d","block_type":"box","text":"1.79%","page_number":2,"box":{"x":907,"y":608,"width":27,"height":5}},{"id":"67295106-9631-4fe1-80cb-095a126a3061","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":623,"width":48,"height":5}},{"id":"7b41ad49-1bd0-48b8-9036-6bc9c260718d","block_type":"box","text":"-0.09%","page_number":2,"box":{"x":208,"y":625,"width":30,"height":5}},{"id":"d4ca8837-6522-4207-8145-ddcd6b433ded","block_type":"box","text":"0.17%","page_number":2,"box":{"x":287,"y":625,"width":27,"height":5}},{"id":"964674bf-dcdd-4691-b287-ceb3da228c7c","block_type":"box","text":"10.06%","page_number":2,"box":{"x":362,"y":625,"width":32,"height":5}},{"id":"559cc3ca-bab2-4fa5-bc90-f9543275365b","block_type":"box","text":"3.96%","page_number":2,"box":{"x":442,"y":625,"width":27,"height":5}},{"id":"062010c4-e1ef-47fb-bc9b-d88c545c9765","block_type":"box","text":"-0.28%","page_number":2,"box":{"x":518,"y":625,"width":30,"height":5}},{"id":"6f56a898-a876-42d0-bc34-8fa76fa3234b","block_type":"box","text":"-21.76%","page_number":2,"box":{"x":592,"y":625,"width":36,"height":5}},{"id":"0432aa78-b4c8-4e7f-b240-5c3b8c26e21f","block_type":"box","text":"7.01%","page_number":2,"box":{"x":675,"y":625,"width":26,"height":5}},{"id":"7e677b0e-afa5-4cd0-b849-c9923aac2d28","block_type":"box","text":"9.70%","page_number":2,"box":{"x":752,"y":625,"width":27,"height":5}},{"id":"78947da3-3236-41bb-adcc-3772de0f0478","block_type":"box","text":"3.79%","page_number":2,"box":{"x":829,"y":625,"width":27,"height":5}},{"id":"d8ce6931-a524-4d6f-8689-01930932ca9a","block_type":"box","text":"1.78%","page_number":2,"box":{"x":907,"y":625,"width":27,"height":5}},{"id":"2ab8d493-3322-4560-8d2d-b7800c50f187","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":196,"width":148,"height":8}},{"id":"5363535b-496d-4515-bc6d-e0023a6c0ad6","block_type":"box","text":"1 month","page_number":2,"box":{"x":281,"y":196,"width":41,"height":6}},{"id":"b89a6a93-fe6e-48dd-8aeb-46a75c2e98bb","block_type":"box","text":"Quarter","page_number":2,"box":{"x":374,"y":196,"width":39,"height":6}},{"id":"09901b33-ac5b-428d-9677-310822dee2f7","block_type":"box","text":"Year to","page_number":2,"box":{"x":468,"y":186,"width":36,"height":6}},{"id":"0d8c4cbe-c617-40db-a262-047778a11229","block_type":"box","text":"date","page_number":2,"box":{"x":482,"y":196,"width":22,"height":6}},{"id":"cf94de53-2c30-4d54-9ca6-c6c456f1d8ed","block_type":"box","text":"1 year","page_number":2,"box":{"x":552,"y":196,"width":30,"height":8}},{"id":"1bf6787c-ab32-41e1-b926-60d6dd745b96","block_type":"box","text":"3 years","page_number":2,"box":{"x":627,"y":196,"width":35,"height":8}},{"id":"2afe0538-8b7a-43a1-bc00-3c61b6e9da1d","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":196,"width":36,"height":8}},{"id":"92dca5bc-a5a4-48b6-ace2-e10dcf202dc1","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":196,"width":41,"height":8}},{"id":"a3b03767-e339-4bcd-9b07-13f3bb8846bb","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":186,"width":26,"height":6}},{"id":"c981d254-8d52-42cd-af92-d3b58b1ffbfe","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":196,"width":44,"height":8}},{"id":"79e4da99-fcfc-48cb-8813-7ffa1b1f1ca1","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":214,"width":20,"height":5}},{"id":"20998388-2f65-478b-85a2-1aeedd7a2a8a","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":214,"width":59,"height":6}},{"id":"9de77971-f41d-4d46-95b9-d064fe049698","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":214,"width":3,"height":6}},{"id":"a9eb916d-19fb-4967-a326-e81f261d3999","block_type":"box","text":"-1.06%","page_number":2,"box":{"x":291,"y":214,"width":30,"height":5}},{"id":"6ab13a45-4258-4c29-ba7b-5a503ca7673c","block_type":"box","text":"-1.68%","page_number":2,"box":{"x":382,"y":214,"width":31,"height":5}},{"id":"f10aff4b-38e2-462e-8322-5bb355734357","block_type":"box","text":"-0.75%","page_number":2,"box":{"x":474,"y":214,"width":30,"height":5}},{"id":"102e822e-b4a9-4d3a-a5e8-877eea7acb9c","block_type":"box","text":"1.79%","page_number":2,"box":{"x":555,"y":214,"width":26,"height":5}},{"id":"2bc82672-8f02-4341-8076-c483a246a8a1","block_type":"box","text":"5.03%","page_number":2,"box":{"x":635,"y":214,"width":27,"height":5}},{"id":"fc5b3be0-e68a-4463-89c8-9a9a85a85957","block_type":"box","text":"-0.73%","page_number":2,"box":{"x":729,"y":214,"width":30,"height":5}},{"id":"a00d157f-786c-4be9-be91-f5b47af0b69d","block_type":"box","text":"0.99%","page_number":2,"box":{"x":827,"y":214,"width":27,"height":5}},{"id":"fa57432b-a21a-4f8c-bd10-4630aa3765e9","block_type":"box","text":"2.30%","page_number":2,"box":{"x":925,"y":214,"width":27,"height":5}},{"id":"c18ef16d-81fc-4437-af2b-f8a5db3f7f69","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":230,"width":48,"height":6}},{"id":"daa0d3d0-b33a-420c-bac7-935837cef747","block_type":"box","text":"-1.05%","page_number":2,"box":{"x":291,"y":229,"width":30,"height":5}},{"id":"68de0900-cf8e-4964-92c3-e6cb06b4c003","block_type":"box","text":"-1.67%","page_number":2,"box":{"x":382,"y":229,"width":31,"height":5}},{"id":"ac448ec7-fdd2-4f51-97c2-abec845586d5","block_type":"box","text":"-0.77%","page_number":2,"box":{"x":474,"y":229,"width":30,"height":5}},{"id":"423b83dc-2adf-47d1-9063-b80aef04be9c","block_type":"box","text":"1.78%","page_number":2,"box":{"x":555,"y":229,"width":26,"height":5}},{"id":"c381bd06-c397-4b11-817e-5504ba10b3cb","block_type":"box","text":"5.04%","page_number":2,"box":{"x":635,"y":229,"width":27,"height":5}},{"id":"77e58086-f01b-4ab1-819d-cb3b050d7e9b","block_type":"box","text":"-0.60%","page_number":2,"box":{"x":729,"y":229,"width":30,"height":5}},{"id":"de81dd13-d3f8-47d4-a136-54955ba5e600","block_type":"box","text":"1.03%","page_number":2,"box":{"x":828,"y":229,"width":26,"height":5}},{"id":"e1d53b3e-a4c9-4829-8d7e-da8df0eccd4f","block_type":"box","text":"2.31%","page_number":2,"box":{"x":925,"y":229,"width":27,"height":5}},{"id":"ae12d519-0688-4b70-a59f-a643afa44c47","block_type":"box","text":"**In this document the performance displayed for the Fund(s) and therefore relative performance to the benchmark index may be impacted by swing pric","page_number":2,"box":{"x":39,"y":246,"width":766,"height":7}},{"id":"7d177205-5de4-4252-bac2-6f717d05006b","block_type":"box","text":"ing. The NAV of a Fund","page_number":2,"box":{"x":806,"y":246,"width":115,"height":7}},{"id":"fc5dc83c-7eea-434b-b794-a0cdc3b65fbd","block_type":"box","text":"may swing according to subscription/redemption activity so that transaction costs caused by these cashflows are not borne by the existing holders in a","page_number":2,"box":{"x":39,"y":255,"width":754,"height":8}},{"id":"70bf92c9-76b1-4f5b-9a71-dc33ae375227","block_type":"box","text":"Fund. The benchmark","page_number":2,"box":{"x":798,"y":255,"width":109,"height":6}},{"id":"46cc96e9-7b0c-4d56-8987-65323528fec1","block_type":"box","text":"index is not affected by swing pricing and therefore you may see tracking difference between the performance of the Fund and the benchmark.","page_number":2,"box":{"x":39,"y":264,"width":715,"height":8}},{"id":"f9cb595b-0fa5-4b2e-808d-8fc7a4efb22d","block_type":"box","text":"Performance and Data is calculated on closing NAV as at 30 September 2026.","page_number":2,"box":{"x":39,"y":278,"width":390,"height":8}},{"id":"fc50e999-0882-4891-a1d6-9cd1f40a8a76","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":2,"box":{"x":39,"y":292,"width":307,"height":7}},{"id":"55baa12b-bd97-479c-8bdf-555b2a8052f2","block_type":"box","text":"Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the","page_number":2,"box":{"x":39,"y":306,"width":736,"height":7}},{"id":"6a90cd57-0b52-4b20-a139-35e0a8f609a9","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":306,"width":143,"height":6}},{"id":"e972acca-df7c-4331-8a4e-4376a1778103","block_type":"box","text":"and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of s","page_number":2,"box":{"x":39,"y":315,"width":759,"height":8}},{"id":"3ae34673-917d-4b27-bb86-017abd8ce1a4","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":315,"width":97,"height":6}},{"id":"14236a47-081f-4f01-8dc4-7127647b1a5e","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in GBP, net of fees.","page_number":2,"box":{"x":39,"y":324,"width":604,"height":8}},{"id":"3887c852-9f07-489d-a9fd-615f3e5af023","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":352,"width":88,"height":7}},{"id":"f2b16102-b94d-482c-a4fb-a475bdde15dc","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":401,"width":167,"height":8}},{"id":"b1978dfd-9eba-4426-a303-a06045cf5f5c","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":2,"box":{"x":38,"y":965,"width":658,"height":8}},{"id":"ae1e0fc0-9e2b-415d-9178-1082a8c5aa42","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":667,"width":117,"height":8}},{"id":"36c96267-1a08-4f62-855f-6d0090ed25a8","block_type":"box","text":"The value of bonds and fixed income-related securities is affected by influential factors such as interest rates, inflation, credit spreads and volati","page_number":2,"box":{"x":38,"y":682,"width":721,"height":8}},{"id":"b6e7144a-1525-4396-b771-e4ee67c5716e","block_type":"box","text":"lity which, in turn, are driven by","page_number":2,"box":{"x":761,"y":682,"width":154,"height":8}},{"id":"e29a3e21-2a7f-4939-aa0f-5c4adf981cab","block_type":"box","text":"other factors including political, economic news, company earnings and significant corporate events. Movements in currency exchange rates can adversel","page_number":2,"box":{"x":39,"y":692,"width":762,"height":7}},{"id":"7550ea5d-85dd-4ae4-b559-28b371597c7b","block_type":"box","text":"y affect the return of your","page_number":2,"box":{"x":802,"y":692,"width":131,"height":7}},{"id":"d4cc505c-c5e2-421f-919c-2793150b8067","block_type":"box","text":"investment.","page_number":2,"box":{"x":39,"y":702,"width":58,"height":6}},{"id":"7d79f61d-62ab-423e-94ac-6a5debafc48e","block_type":"box","text":"Credit risk. The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due.","page_number":2,"box":{"x":39,"y":716,"width":608,"height":7}},{"id":"13e83ac7-216e-4ce1-95b9-6863fd94700f","block_type":"box","text":"Liquidity risk. Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.","page_number":2,"box":{"x":39,"y":730,"width":627,"height":7}},{"id":"4f9f4b0e-8dee-4f94-9af3-8251fa99a249","block_type":"box","text":"Counterparty risk. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or oth","page_number":2,"box":{"x":39,"y":744,"width":734,"height":8}},{"id":"a347592c-e070-44ed-9811-34f3f6545af8","block_type":"box","text":"er instruments, may expose the","page_number":2,"box":{"x":774,"y":744,"width":157,"height":8}},{"id":"4789b09b-06e8-4a57-99e1-2861ab012f2f","block_type":"box","text":"Fund to financial loss.","page_number":2,"box":{"x":39,"y":754,"width":107,"height":6}},{"id":"44a8daef-af27-47c0-bd6d-2519ace87177","block_type":"box","text":"Index tracking risk. The Fund is not expected to track the performance of the Index at all times with perfect accuracy. The Fund is, however, expected","page_number":2,"box":{"x":39,"y":768,"width":743,"height":8}},{"id":"6f72143a-8822-46f7-ac42-64cc18d9a0e8","block_type":"box","text":"to provide investment results","page_number":2,"box":{"x":786,"y":768,"width":145,"height":7}},{"id":"7ea51bf0-cd2e-4a2f-a993-dc7e51d005aa","block_type":"box","text":"that, before expenses, generally correspond to the price and yield performance of the Index.","page_number":2,"box":{"x":38,"y":778,"width":458,"height":7}},{"id":"0ce41206-2126-4861-ac4a-207c16cb1ba6","block_type":"box","text":"Index sampling risk. As the Fund uses an index sampling technique whereby a representative sample of securities are selected to represent the Index, t","page_number":2,"box":{"x":39,"y":792,"width":749,"height":7}},{"id":"759f5e89-6418-4394-8393-2d9c16ed60d2","block_type":"box","text":"here is the risk that the","page_number":2,"box":{"x":789,"y":792,"width":115,"height":6}},{"id":"7109d10a-73bb-477b-ae21-530a08e6c768","block_type":"box","text":"securities selected for the Fund may not, in the aggregate, approximate the full Index.","page_number":2,"box":{"x":39,"y":802,"width":428,"height":7}},{"id":"d2a15b7b-728a-4840-9848-105f996fb3dc","block_type":"box","text":"Inflation risk. The value of your investments may not be worth as much in the future due to changes in purchasing power resulting from inflation.","page_number":2,"box":{"x":39,"y":816,"width":721,"height":7}},{"id":"eefe3d4b-45c1-47b6-a00f-d436ff0d86d9","block_type":"box","text":"Please also read the risk factors section in the prospectus and the Key Investor Information Document, both of which are available on the Vanguard web","page_number":2,"box":{"x":39,"y":832,"width":772,"height":7}},{"id":"2330cc5f-233e-4a10-87bf-fa64944dd9f2","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":832,"width":22,"height":6}},{"id":"84ba8933-6bcf-40d4-9281-321d54b7610d","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":95,"width":87,"height":6}},{"id":"46f2c67b-5283-4062-ae48-0dd11f0dafbf","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":96,"width":20,"height":5}},{"id":"8b49d033-0a47-4512-8c41-095517a676f1","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":96,"width":47,"height":5}},{"id":"86c3b215-0b42-4b36-bc00-514336871d82","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":107,"width":73,"height":5}},{"id":"87fb8355-3ac7-4d13-9b0a-5d7851976748","block_type":"box","text":"1,137","page_number":3,"box":{"x":607,"y":107,"width":23,"height":6}},{"id":"5f53b997-a2d8-4ace-b56f-61f6cd079be2","block_type":"box","text":"1,189","page_number":3,"box":{"x":788,"y":107,"width":23,"height":6}},{"id":"9497417c-b125-440f-be2c-1e57292fb575","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":118,"width":60,"height":5}},{"id":"315d6cfb-927a-47de-add4-128240fadd17","block_type":"box","text":"5.83%","page_number":3,"box":{"x":603,"y":118,"width":27,"height":5}},{"id":"ffa21e1d-fca3-418a-bb1a-d1517c660dbe","block_type":"box","text":"5.83%","page_number":3,"box":{"x":785,"y":118,"width":26,"height":5}},{"id":"ed29dc11-46e6-4e2b-a115-cc726dcadd54","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":130,"width":69,"height":6}},{"id":"d9378e96-13a9-4c1b-8422-200b32b684f0","block_type":"box","text":"4.7%","page_number":3,"box":{"x":609,"y":130,"width":21,"height":5}},{"id":"c9181c90-fac0-4e20-a634-bbf1b8fd0453","block_type":"box","text":"4.5%","page_number":3,"box":{"x":790,"y":130,"width":21,"height":5}},{"id":"f26de9d4-9727-4bef-81da-4092cd30aedb","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":142,"width":76,"height":6}},{"id":"01e7bd6c-1233-473f-9ce8-81033422ba14","block_type":"box","text":"7.5 years","page_number":3,"box":{"x":592,"y":142,"width":38,"height":6}},{"id":"52d138be-29ee-4c3d-8cf2-7d54e8776cd8","block_type":"box","text":"7.4 years","page_number":3,"box":{"x":774,"y":142,"width":38,"height":6}},{"id":"f731d832-0b3f-4e97-88f6-f13b82041299","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":153,"width":67,"height":6}},{"id":"943321ce-0319-4462-8a36-0db94ab819fc","block_type":"box","text":"A","page_number":3,"box":{"x":624,"y":153,"width":6,"height":5}},{"id":"93f89dcf-15b8-4c46-9c74-335bb90580e2","block_type":"box","text":"A","page_number":3,"box":{"x":806,"y":153,"width":6,"height":5}},{"id":"d1a07af7-fec5-495c-8271-70e47d7227d5","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":164,"width":74,"height":7}},{"id":"612861b4-3cd9-46e6-bfc9-025d9d46dc34","block_type":"box","text":"5.0 years","page_number":3,"box":{"x":592,"y":165,"width":38,"height":6}},{"id":"a517b1a4-7f76-44e4-8194-1683ba60caa0","block_type":"box","text":"5.0 years","page_number":3,"box":{"x":773,"y":165,"width":39,"height":6}},{"id":"9e689edf-cb5a-4999-97a9-b8ee23806826","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":176,"width":75,"height":5}},{"id":"4c363cdc-f447-4ff0-b4e3-5ea6d0d066c6","block_type":"box","text":"-0.0%","page_number":3,"box":{"x":605,"y":176,"width":25,"height":5}},{"id":"5bc87bbe-e9c4-4014-895a-2375fa414498","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":179,"width":7,"height":1}},{"id":"fea33944-d54a-45b0-835f-7eb05ba01e9b","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":188,"width":58,"height":5}},{"id":"ee5f5650-fba1-49de-ab85-18086b22949b","block_type":"box","text":"-10%","page_number":3,"box":{"x":608,"y":188,"width":22,"height":5}},{"id":"1c92db3e-7fd5-45da-808d-fad2e60304ba","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":191,"width":7,"height":0}},{"id":"dfb3065c-d506-4df9-b105-ace61fe25b3c","block_type":"box","text":"The PTR (Portfolio Turnover Rate) approach considers the total security purchases and sales, the total subscriptions and redemptions and the average","page_number":3,"box":{"x":38,"y":201,"width":644,"height":6}},{"id":"7f5fe407-3f66-4bda-b088-9ebfda5a0504","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":201,"width":105,"height":5}},{"id":"d073cd69-6977-4780-8fc4-75e547639e4c","block_type":"box","text":"calculate the turnover figure. Yield to Worst is based on the local currencies of the underlying holdings. As such, the actual yield received in the s","page_number":3,"box":{"x":39,"y":210,"width":613,"height":6}},{"id":"e9f432ad-affe-4f4e-af49-3fdc34ba145a","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":210,"width":168,"height":6}},{"id":"bd8b4eee-37dc-4c07-ac50-2cb3c5d96413","block_type":"box","text":"yield to maturity stated. Data as at 30 September 2026.","page_number":3,"box":{"x":38,"y":219,"width":243,"height":6}},{"id":"9ce6f46a-e9e3-4584-aa83-b71ca3f90fa8","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":246,"width":99,"height":6}},{"id":"497b2009-4f46-4225-8e1b-354a2cde9bc9","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":163,"y":268,"width":68,"height":6}},{"id":"84f3d458-7074-45d9-b50f-81b54abf3695","block_type":"box","text":"39.5","page_number":3,"box":{"x":434,"y":268,"width":18,"height":5}},{"id":"7c399271-5dca-4d69-8d38-b2fc78473621","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":268,"width":8,"height":5}},{"id":"25e9f267-8395-429c-9bb7-4e435590f8c9","block_type":"box","text":"United States","page_number":3,"box":{"x":163,"y":279,"width":58,"height":5}},{"id":"2f7f2036-9596-47b1-a370-802a39ef0904","block_type":"box","text":"14.2","page_number":3,"box":{"x":434,"y":279,"width":18,"height":5}},{"id":"9e856219-c846-4016-905d-554b950e1e19","block_type":"box","text":"Supranational","page_number":3,"box":{"x":162,"y":290,"width":60,"height":6}},{"id":"39b57ff8-ad54-4a3a-9b6b-d21887585666","block_type":"box","text":"13.6","page_number":3,"box":{"x":434,"y":290,"width":18,"height":5}},{"id":"ff4fcd75-5a13-4972-9ec8-87b70107dbfc","block_type":"box","text":"Germany","page_number":3,"box":{"x":162,"y":301,"width":39,"height":6}},{"id":"fbfd7a8f-d763-40da-b00d-af86e5d8aaf1","block_type":"box","text":"8.6","page_number":3,"box":{"x":439,"y":301,"width":13,"height":5}},{"id":"81889411-7e1f-45a8-8ede-f6a1ed5dba56","block_type":"box","text":"France","page_number":3,"box":{"x":163,"y":312,"width":28,"height":5}},{"id":"0930d268-973b-43bc-be15-97622fc305ae","block_type":"box","text":"7.4","page_number":3,"box":{"x":440,"y":312,"width":12,"height":5}},{"id":"8a51a7c7-e279-4797-8ddc-041ded59b3e0","block_type":"box","text":"Canada","page_number":3,"box":{"x":511,"y":268,"width":33,"height":5}},{"id":"3b2e288c-2df3-460b-a1ad-8ffc2d80d913","block_type":"box","text":"3.1","page_number":3,"box":{"x":786,"y":268,"width":13,"height":5}},{"id":"2ab9e466-4729-47d3-8dd1-8c80158fbfb1","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":268,"width":8,"height":5}},{"id":"393b6b11-ffaa-421e-b411-9347a9052ab2","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":512,"y":279,"width":51,"height":5}},{"id":"2960d81d-ae62-4ef7-bfba-1f51073e9e70","block_type":"box","text":"2.4","page_number":3,"box":{"x":786,"y":279,"width":13,"height":5}},{"id":"ba6c45e1-89f1-4fcb-912e-777f55af88d8","block_type":"box","text":"Italy","page_number":3,"box":{"x":512,"y":290,"width":18,"height":6}},{"id":"523fd4d5-03cb-432b-bb65-e1315d78f28c","block_type":"box","text":"1.5","page_number":3,"box":{"x":787,"y":290,"width":12,"height":5}},{"id":"ac09cd73-fddd-48cc-aa48-abe1588ce10f","block_type":"box","text":"Spain","page_number":3,"box":{"x":511,"y":301,"width":24,"height":6}},{"id":"14015407-22da-40ea-a41a-5069f9d2e7ae","block_type":"box","text":"1.2","page_number":3,"box":{"x":787,"y":301,"width":11,"height":5}},{"id":"120c724f-3b44-456d-a613-75a9964ff103","block_type":"box","text":"Australia","page_number":3,"box":{"x":511,"y":312,"width":38,"height":5}},{"id":"53157908-613b-4afe-9edd-e9db6266fed9","block_type":"box","text":"1.0","page_number":3,"box":{"x":787,"y":312,"width":12,"height":5}},{"id":"eea1eb38-e2db-42f1-9772-7cd3e863fc5c","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":344,"width":240,"height":8}},{"id":"6d68ae2c-ead8-4ae1-afec-6e01755655fe","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":445,"width":229,"height":7}},{"id":"f8012879-bde7-423e-9302-a37581516dab","block_type":"box","text":"AAA","page_number":3,"box":{"x":163,"y":467,"width":19,"height":5}},{"id":"96d1a1ed-ac0a-4f13-a78b-e441067b699f","block_type":"box","text":"21.4","page_number":3,"box":{"x":435,"y":467,"width":18,"height":5}},{"id":"bc3f2051-e3f7-483e-bc83-1cd689821de6","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":467,"width":8,"height":5}},{"id":"9bd15d13-dc35-4973-a617-ce7cf2aa3203","block_type":"box","text":"AA","page_number":3,"box":{"x":163,"y":478,"width":12,"height":5}},{"id":"057a2c97-2d20-46c0-a3e5-914a6e207200","block_type":"box","text":"11.1","page_number":3,"box":{"x":435,"y":478,"width":18,"height":5}},{"id":"6a4f37a7-aa27-4c56-81a4-de9d54904598","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":489,"width":6,"height":5}},{"id":"a7ec3397-fbf7-4f12-85d2-25c34a936835","block_type":"box","text":"30.5","page_number":3,"box":{"x":435,"y":489,"width":18,"height":5}},{"id":"2c8a8ad8-f73c-4d3f-8354-9285e7eab1bb","block_type":"box","text":"BBB","page_number":3,"box":{"x":164,"y":500,"width":17,"height":5}},{"id":"e1527ea4-3ff2-4c5a-adcc-499b5914a4f6","block_type":"box","text":"37.0","page_number":3,"box":{"x":435,"y":500,"width":18,"height":5}},{"id":"6bc4ddaf-f47a-4f20-adfe-229f806acff6","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":164,"y":511,"width":43,"height":5}},{"id":"c8c4384f-d3c5-4a6b-b520-ad736dbf7d97","block_type":"box","text":"0.0","page_number":3,"box":{"x":441,"y":511,"width":12,"height":5}},{"id":"3908f9d2-3e31-4331-9c48-c1c3fd96f9fd","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":583,"width":186,"height":7}},{"id":"fd71c0d0-60d5-4126-b9e6-2a634914edf9","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":718,"width":90,"height":8}},{"id":"5d8d87a9-8e7b-46d2-acda-d84239e069e7","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":3,"box":{"x":38,"y":31,"width":683,"height":19}},{"id":"5d683614-9a3f-4c73-86d4-887abe1bd247","block_type":"box","text":"Institutional Plus GBP Acc","page_number":3,"box":{"x":40,"y":55,"width":220,"height":11}},{"id":"70b1b4c7-86e7-4f8a-8b71-3c498159ff1d","block_type":"box","text":"Data as at 30 September 2026 unless otherwise stated.","page_number":3,"box":{"x":39,"y":71,"width":318,"height":8}},{"id":"fb99d824-67e8-4c81-90e2-5cc4ed9f0236","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":3,"box":{"x":38,"y":968,"width":658,"height":8}},{"id":"3647a3a4-95d1-4015-a88b-2faf6695df64","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":162,"y":603,"width":140,"height":7}},{"id":"96d56a46-052c-4248-9afb-0378eb75b2f8","block_type":"box","text":"36.5","page_number":3,"box":{"x":434,"y":603,"width":18,"height":5}},{"id":"e427eaa5-85c8-4978-8d16-169986a5290e","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":603,"width":8,"height":5}},{"id":"da7dafb9-bd7e-4a96-9801-362e45aa6ba7","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":162,"y":615,"width":97,"height":7}},{"id":"60e61897-9c43-418f-a754-068a245540f8","block_type":"box","text":"19.8","page_number":3,"box":{"x":434,"y":615,"width":18,"height":5}},{"id":"337d5eac-e486-40b7-9615-a7dcfb8e7cf4","block_type":"box","text":"Government-related - supranationals","page_number":3,"box":{"x":162,"y":627,"width":160,"height":7}},{"id":"493ae3d7-cd04-4c3b-83b1-1001168d4f84","block_type":"box","text":"13.6","page_number":3,"box":{"x":434,"y":627,"width":18,"height":5}},{"id":"2572e1bd-2662-4714-a8f6-4b4409b5c949","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":162,"y":639,"width":84,"height":7}},{"id":"881d5b74-fc8b-4b34-80a1-01615cf7dc38","block_type":"box","text":"11.6","page_number":3,"box":{"x":434,"y":639,"width":18,"height":5}},{"id":"74b0b541-0aeb-46f0-bf26-30fc444735bb","block_type":"box","text":"Government-related - agencies","page_number":3,"box":{"x":162,"y":651,"width":133,"height":7}},{"id":"9e7950c3-2449-4868-afa6-29fc4aa95d1b","block_type":"box","text":"11.6","page_number":3,"box":{"x":434,"y":651,"width":18,"height":5}},{"id":"d73888ab-2593-47d3-a8e6-ede992998826","block_type":"box","text":"Securitised","page_number":3,"box":{"x":511,"y":603,"width":47,"height":5}},{"id":"e56f8210-12c7-4a99-b97f-8ac9685ea5aa","block_type":"box","text":"3.5","page_number":3,"box":{"x":786,"y":603,"width":13,"height":5}},{"id":"3f956e1e-3784-4556-808a-79a71df033f9","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":603,"width":8,"height":5}},{"id":"7dcad77c-95e2-4630-bf1f-808c3401ef2a","block_type":"box","text":"Government-related - local authority","page_number":3,"box":{"x":511,"y":615,"width":158,"height":7}},{"id":"93248e02-9b5b-42fb-ac56-058f17fc16ce","block_type":"box","text":"2.3","page_number":3,"box":{"x":786,"y":615,"width":12,"height":5}},{"id":"3158121a-5db9-4449-8880-de4675730807","block_type":"box","text":"Government-related - sovereign","page_number":3,"box":{"x":511,"y":627,"width":137,"height":7}},{"id":"11198d12-b83a-48df-a6a6-7b73f3aa2e7a","block_type":"box","text":"0.6","page_number":3,"box":{"x":786,"y":627,"width":13,"height":5}},{"id":"8ef52699-a590-43eb-ade8-ec5c707b9697","block_type":"box","text":"Treasury/federal","page_number":3,"box":{"x":511,"y":639,"width":72,"height":7}},{"id":"aa0f11e2-c550-47da-b46b-47ee8b508fc8","block_type":"box","text":"0.4","page_number":3,"box":{"x":786,"y":639,"width":13,"height":5}},{"id":"2696f415-7821-4488-ade4-11e49d0a5580","block_type":"box","text":"Other","page_number":3,"box":{"x":511,"y":651,"width":25,"height":5}},{"id":"5d880a19-63fe-4032-95a3-b42091f78d06","block_type":"box","text":"0.1","page_number":3,"box":{"x":786,"y":651,"width":13,"height":5}},{"id":"218055e3-4d7b-4c31-8f22-dee7f623bd57","block_type":"box","text":"Glossary for fund characteristics","page_number":3,"box":{"x":39,"y":744,"width":184,"height":8}},{"id":"497ee1e7-ba89-47ae-883d-76c29f221670","block_type":"box","text":"The fund characteristics section above contains a number of metrics that professional investors use to value individual stocks against a market or ind","page_number":3,"box":{"x":38,"y":760,"width":745,"height":8}},{"id":"6daaffd2-9a28-4c6b-8114-ee3027854527","block_type":"box","text":"ex average. These","page_number":3,"box":{"x":784,"y":760,"width":88,"height":8}},{"id":"88cd51d2-6503-4f99-bde4-3cc41f384634","block_type":"box","text":"metrics can also be used to value and compare funds to the market by taking the average of all the stocks held in the fund and comparing them to those","page_number":3,"box":{"x":39,"y":769,"width":761,"height":8}},{"id":"9d18be6e-1b1f-40c2-880b-c5502a423d58","block_type":"box","text":"of the fund’s","page_number":3,"box":{"x":803,"y":769,"width":63,"height":7}},{"id":"8bd7a0d8-de17-4d86-baca-f66f5e3506dc","block_type":"box","text":"benchmark index. We’ve provided a definition of the terms used for your convenience.","page_number":3,"box":{"x":39,"y":779,"width":426,"height":7}},{"id":"4c8c0039-3024-4a2a-ad43-88a34ad98d29","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":793,"width":72,"height":6}},{"id":"3ce64a26-9857-4eb2-af98-66a19d804143","block_type":"box","text":"applies when the portfolio is invested into callable bonds. When it is not the case Yield to worst=Yield to maturity.","page_number":3,"box":{"x":113,"y":792,"width":566,"height":8}},{"id":"f0bd3fa6-629a-4429-9f47-b6a3dc4e205e","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":806,"width":82,"height":8}},{"id":"7344af36-9267-45c9-be35-14e48114f716","block_type":"box","text":"is the average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.","page_number":3,"box":{"x":123,"y":806,"width":612,"height":8}},{"id":"b22d7408-e8a8-49be-b088-b066032bbb07","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":820,"width":91,"height":8}},{"id":"900af1b3-5139-4769-9d02-58351d63c448","block_type":"box","text":"is the average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility t","page_number":3,"box":{"x":132,"y":820,"width":719,"height":8}},{"id":"064c47f0-a72a-48bc-ba14-3d529abf4561","block_type":"box","text":"hat the","page_number":3,"box":{"x":852,"y":820,"width":35,"height":6}},{"id":"81c6d530-673d-4d47-bb10-d3952cda1c23","block_type":"box","text":"issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects an","page_number":3,"box":{"x":39,"y":829,"width":727,"height":8}},{"id":"52debf65-be19-46b0-8059-be3e080857c3","block_type":"box","text":"y futures contracts held. In","page_number":3,"box":{"x":767,"y":829,"width":133,"height":8}},{"id":"e886e26c-dc11-49e0-9edd-fe9f9cd889ef","block_type":"box","text":"general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.","page_number":3,"box":{"x":39,"y":839,"width":710,"height":7}},{"id":"b180d9d1-016e-4ba4-859a-8a0bf60a2292","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":852,"width":81,"height":8}},{"id":"ca4eb5cf-9804-458a-8fe1-00f3921a8e6a","block_type":"box","text":"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. Th","page_number":3,"box":{"x":122,"y":852,"width":694,"height":8}},{"id":"abfe7787-e2cc-4ae1-8784-78a868b405cb","block_type":"box","text":"e agencies make","page_number":3,"box":{"x":818,"y":852,"width":81,"height":8}},{"id":"f74c1888-5af4-44ab-b00b-2d4cc5e86ee3","block_type":"box","text":"their judgment after appraising an issuer’s ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most cred","page_number":3,"box":{"x":38,"y":862,"width":717,"height":7}},{"id":"eeb3ce72-26ec-4dd2-9123-36f590d4b87a","block_type":"box","text":"itworthy bond issuers.","page_number":3,"box":{"x":756,"y":862,"width":109,"height":7}},{"id":"0adf70c7-b77a-4560-9d06-ffab717221a1","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":875,"width":88,"height":8}},{"id":"e3db909b-3673-484f-b4bc-be08191b2c7b","block_type":"box","text":"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. To see how the value could","page_number":3,"box":{"x":130,"y":875,"width":735,"height":8}},{"id":"4f754add-d721-4f49-92ca-4dad21a26798","block_type":"box","text":"change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an a","page_number":3,"box":{"x":39,"y":885,"width":729,"height":8}},{"id":"ae61b72a-524f-46a3-9758-d1ef0bdd61f1","block_type":"box","text":"verage duration of five","page_number":3,"box":{"x":769,"y":885,"width":114,"height":8}},{"id":"1648a686-d6b1-4633-a4db-f33b6704229b","block_type":"box","text":"years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.","page_number":3,"box":{"x":38,"y":894,"width":505,"height":8}},{"id":"9f93b4e1-1cd5-45b6-88c6-c78d49fd87a8","block_type":"box","text":"Distribution yield","page_number":3,"box":{"x":39,"y":908,"width":86,"height":8}},{"id":"2d13f02f-4ccc-4e30-94e1-1c2445b3ea33","block_type":"box","text":"reflects the amounts that may be expected to be distributed over the next twelve months as a percentage of mid-market unit price as at the date shown","page_number":3,"box":{"x":129,"y":908,"width":765,"height":8}},{"id":"a7f3b097-5a89-40b0-866d-0f40f89a3270","block_type":"box","text":".","page_number":3,"box":{"x":895,"y":913,"width":1,"height":1}},{"id":"a83dd838-3233-48dd-b2ef-4bb6661c403d","block_type":"box","text":"It is based on a snapshot of the portfolio on that day. It does not include preliminary charge and investors may be subject to tax on distributions.","page_number":3,"box":{"x":39,"y":917,"width":719,"height":8}},{"id":"f00aff90-979c-4d9b-82f0-b11ab68c4b93","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":365,"width":56,"height":5}},{"id":"5c5ce6e0-958a-48bd-88e4-cc7e84d8d7fb","block_type":"box","text":"2.6","page_number":3,"box":{"x":786,"y":365,"width":13,"height":5}},{"id":"c61ee79a-6e8d-4055-be05-05a32e24926a","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":365,"width":8,"height":5}},{"id":"d2e474ae-c91b-484d-bd67-4ea5e2a89dba","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":376,"width":60,"height":5}},{"id":"58e07869-28db-44b9-a2d9-9e80c51dc5f6","block_type":"box","text":"5.5","page_number":3,"box":{"x":786,"y":376,"width":13,"height":5}},{"id":"219bc3a2-64c0-4566-8a7e-21267fbdb0db","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":365,"width":55,"height":5}},{"id":"95035c8e-7c7c-48d3-95e4-9325b4c08fb9","block_type":"box","text":"0.0","page_number":3,"box":{"x":441,"y":365,"width":12,"height":5}},{"id":"bc1c55d3-c8ee-4608-a0e0-7c0c957eb56e","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":365,"width":8,"height":5}},{"id":"1620b332-9065-4618-b0e6-38ee7dc9b5ba","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":376,"width":44,"height":5}},{"id":"141eccf4-7cb2-49b3-87bc-d59ccdfcbe98","block_type":"box","text":"49.2","page_number":3,"box":{"x":435,"y":376,"width":18,"height":5}},{"id":"ee046e9f-c889-4e15-b5c7-ab2927d55257","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":387,"width":51,"height":5}},{"id":"148ea29f-0f9d-4c2a-a9c5-6869f57ea499","block_type":"box","text":"26.7","page_number":3,"box":{"x":435,"y":387,"width":18,"height":5}},{"id":"7407e96c-d70c-44ff-a559-fcfc4a86e756","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":398,"width":56,"height":5}},{"id":"1a4bab87-b38a-43e4-8f01-a0c861477df0","block_type":"box","text":"10.4","page_number":3,"box":{"x":435,"y":398,"width":18,"height":5}},{"id":"3fb53be6-2574-4ecc-a502-9cad639121fe","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":409,"width":56,"height":5}},{"id":"82b8b0c5-694c-4fb0-8c84-786de6f967bd","block_type":"box","text":"5.7","page_number":3,"box":{"x":441,"y":409,"width":12,"height":5}},{"id":"76690d7f-4c43-460f-adfb-48422b67e558","block_type":"box","text":"*The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result","page_number":3,"box":{"x":39,"y":672,"width":748,"height":7}},{"id":"1ec28617-747f-4ab5-9e73-2939ac4a70c2","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":672,"width":114,"height":7}},{"id":"bb07dfd7-8541-4905-9f24-05ff45138c15","block_type":"box","text":"The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. A","page_number":3,"box":{"x":38,"y":682,"width":781,"height":8}},{"id":"8a7962be-ff59-42a5-9728-013be05f7159","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":682,"width":66,"height":6}},{"id":"55f20423-9e09-4d62-8d69-11f0e5835280","block_type":"box","text":"subject to change. Cash includes physical cash on the account, cash like instruments (such as ultra-short term treasury bonds) and derivative instru","page_number":3,"box":{"x":39,"y":693,"width":734,"height":8}},{"id":"c4e2e472-d3a0-43f0-bbd8-774be83d4e77","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":694,"width":33,"height":5}},{"id":"93c921a6-b7be-44d1-9a99-e4ab1b55971f","block_type":"box","text":"Credit-quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Service, Fitch Ratings and Standard","page_number":3,"box":{"x":39,"y":537,"width":739,"height":8}},{"id":"b1657b0a-5610-46e4-a183-37f6457f86ce","block_type":"box","text":"& Poor’s. When ratings","page_number":3,"box":{"x":782,"y":537,"width":114,"height":8}},{"id":"9f5a2a99-06df-43bf-bfab-df77d245a53d","block_type":"box","text":"from all three agencies are available, the median rating is used. When ratings are available from two of the agencies, the lower rating is used. When","page_number":3,"box":{"x":38,"y":548,"width":739,"height":8}},{"id":"4f6b40e6-b0c4-45c6-89b1-eae7004fdc39","block_type":"box","text":"one rating is available,","page_number":3,"box":{"x":781,"y":548,"width":110,"height":8}},{"id":"01f68114-25bc-4fdd-95b9-53be3519d84f","block_type":"box","text":"that rating is used.","page_number":3,"box":{"x":38,"y":559,"width":94,"height":7}},{"id":"4e103372-9b0b-42a7-a3c6-deea741e462a","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":4,"box":{"x":38,"y":32,"width":724,"height":20}},{"id":"1bac2707-1c49-4e13-b86d-648a21922230","block_type":"box","text":"Institutional Plus GBP Acc","page_number":4,"box":{"x":40,"y":57,"width":220,"height":10}},{"id":"eba30c98-d5e0-40f4-b40c-09efad61dbc3","block_type":"box","text":"9343EN_092026","page_number":4,"box":{"x":896,"y":971,"width":70,"height":6}},{"id":"719e5808-bd32-4cae-b617-ccb165dcade4","block_type":"box","text":"Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority.","page_number":4,"box":{"x":39,"y":961,"width":627,"height":7}},{"id":"5a176b57-1bce-4ed0-9044-e3e0963dac13","block_type":"box","text":"© 2026 Vanguard Asset Management, Limited. All rights reserved.","page_number":4,"box":{"x":39,"y":970,"width":323,"height":7}},{"id":"170aac5f-9f77-4443-a54b-6792267d0a0e","block_type":"box","text":"For more information contact your local sales team or:","page_number":4,"box":{"x":39,"y":412,"width":305,"height":8}},{"id":"37d7d2bf-c0e2-4bb8-b419-6293ef34c92e","block_type":"box","text":"Web: http://global.vanguard.com","page_number":4,"box":{"x":38,"y":425,"width":169,"height":8}},{"id":"0f1bb480-5c6a-4bb6-90d3-418d9a950312","block_type":"box","text":"Transfer Agent (Europe): Tel. +353 1 241 7144","page_number":4,"box":{"x":38,"y":436,"width":224,"height":8}},{"id":"cd4e9843-948a-4ace-873e-b4da6c8bc318","block_type":"box","text":"Client Services (Europe): Tel. +44 (0)203 753 4305","page_number":4,"box":{"x":39,"y":447,"width":250,"height":7}},{"id":"ac705f5f-31bd-4887-a499-9c441313688a","block_type":"box","text":"Email:","page_number":4,"box":{"x":39,"y":457,"width":30,"height":6}},{"id":"b93de603-79bd-4672-997e-c1ae877d7db6","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":4,"box":{"x":73,"y":457,"width":209,"height":8}},{"id":"d1b9aefb-c19b-45c1-bb02-c1c2a82a34b6","block_type":"box","text":"Important information","page_number":4,"box":{"x":39,"y":476,"width":126,"height":8}},{"id":"2db3941f-1605-4999-9511-e727ff109ced","block_type":"box","text":"This is a marketing communication.","page_number":4,"box":{"x":38,"y":494,"width":179,"height":7}},{"id":"7465711d-1170-4228-a922-472f2dbab0a7","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":4,"box":{"x":38,"y":511,"width":595,"height":8}},{"id":"35f95a5d-e3a9-48b8-a251-c647b0e9b237","block_type":"box","text":"For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID before making any fin","page_number":4,"box":{"x":39,"y":530,"width":744,"height":8}},{"id":"716bf4c5-1c71-4b35-a801-f0aeb5d79804","block_type":"box","text":"al investment decisions. The","page_number":4,"box":{"x":785,"y":530,"width":138,"height":6}},{"id":"501ced59-fcc3-470d-9de6-359b3ce74636","block_type":"box","text":"KIID for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/.","page_number":4,"box":{"x":39,"y":539,"width":548,"height":8}},{"id":"67477337-acb2-49a8-8ee7-cf0dfde0b4e1","block_type":"box","text":"This document is designed for use by and is directed only at persons resident in the UK.","page_number":4,"box":{"x":38,"y":553,"width":432,"height":8}},{"id":"90282846-d409-4c4c-81a5-53b5b480e390","block_type":"box","text":"The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any ju","page_number":4,"box":{"x":38,"y":567,"width":709,"height":7}},{"id":"889a697c-62c8-4714-b200-991213b85fd3","block_type":"box","text":"risdiction where such an offer or","page_number":4,"box":{"x":748,"y":567,"width":161,"height":6}},{"id":"aaa0243d-50cf-4a40-8198-bd4625c098a8","block_type":"box","text":"solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solic","page_number":4,"box":{"x":39,"y":576,"width":716,"height":8}},{"id":"edbd3ff4-ad86-4e17-93db-eecf539aab29","block_type":"box","text":"itation is not qualified to do so. The","page_number":4,"box":{"x":756,"y":576,"width":175,"height":8}},{"id":"91468fcb-619f-48b0-bf67-53bec0d30453","block_type":"box","text":"information in this document is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult t","page_number":4,"box":{"x":39,"y":586,"width":733,"height":7}},{"id":"2a1deb78-c283-4a75-8192-4cdafa6f95cd","block_type":"box","text":"heir professional advisers on the","page_number":4,"box":{"x":773,"y":586,"width":160,"height":7}},{"id":"87a252ea-8eb8-4909-ad11-db7a53dce1c8","block_type":"box","text":"implications of making an investment in, holding or disposing of ''units/shares'', and the receipt of distribution from any investment.","page_number":4,"box":{"x":39,"y":595,"width":661,"height":8}},{"id":"a5198d53-4b7e-42e5-81a4-c2474fad96ca","block_type":"box","text":"Vanguard Investment Series plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in","page_number":4,"box":{"x":38,"y":609,"width":717,"height":7}},{"id":"aeec7af4-f705-42eb-9cdf-06ea6ae28b8f","block_type":"box","text":"certain EEA countries and the UK.","page_number":4,"box":{"x":759,"y":609,"width":168,"height":6}},{"id":"d15c9841-03d5-400f-b844-30dcf02baedd","block_type":"box","text":"Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own profess","page_number":4,"box":{"x":39,"y":618,"width":743,"height":8}},{"id":"57f051cc-6778-47a6-85da-371f10fe0377","block_type":"box","text":"ional advisers on the","page_number":4,"box":{"x":784,"y":618,"width":101,"height":6}},{"id":"04c27e07-387e-4139-9097-af6495c305cf","block_type":"box","text":"implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares und","page_number":4,"box":{"x":39,"y":627,"width":744,"height":8}},{"id":"7434b9fd-b72f-404c-bc23-5d333e95d877","block_type":"box","text":"er the law of the countries in","page_number":4,"box":{"x":785,"y":627,"width":142,"height":7}},{"id":"94bd21b9-9e88-46a1-aebd-bc12f4358fdf","block_type":"box","text":"which they are liable to taxation.","page_number":4,"box":{"x":38,"y":637,"width":163,"height":7}},{"id":"8904a09a-5aca-4a4c-a864-db5e123cd7e7","block_type":"box","text":"The Manager of Vanguard Investment Series plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguar","page_number":4,"box":{"x":38,"y":651,"width":758,"height":7}},{"id":"54999938-f0c4-4e36-b472-842b6d275e04","block_type":"box","text":"d Investment Series plc.","page_number":4,"box":{"x":797,"y":651,"width":117,"height":7}},{"id":"cacaccb3-ced3-4864-ac9a-eb45ce84379b","block_type":"box","text":"The Manager of the Ireland-domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in a","page_number":4,"box":{"x":38,"y":666,"width":774,"height":8}},{"id":"141f8ae2-6fd9-49ec-84d6-1b3f4e37dc67","block_type":"box","text":"ccordance with the","page_number":4,"box":{"x":813,"y":666,"width":95,"height":6}},{"id":"6ae095e8-f046-4ac7-9e69-ac4970bab48b","block_type":"box","text":"UCITS Directive, as may be amended from time to time.","page_number":4,"box":{"x":39,"y":675,"width":278,"height":8}},{"id":"0f35e5ff-2c69-4bb4-9150-36a6e762d4ea","block_type":"box","text":"For investors in Ireland-domiciled funds, a summary of investor rights can be obtained via","page_number":4,"box":{"x":39,"y":689,"width":445,"height":7}},{"id":"526995be-8aa5-43ce-9312-94f462cb465f","block_type":"box","text":"https://www.ie.vanguard/content/dam/intl/europe/documents/en/vanguard-investors-rights-summary-irish-funds-jan22.pdf and is available in English, Ge","page_number":4,"box":{"x":39,"y":698,"width":790,"height":8}},{"id":"fe72e7e7-a410-43bc-a498-42c4258bedd8","block_type":"box","text":"rman, French,","page_number":4,"box":{"x":831,"y":698,"width":67,"height":7}},{"id":"19cd9f39-e243-4fad-b98c-3c9e672221e8","block_type":"box","text":"Spanish, Dutch and Italian.","page_number":4,"box":{"x":39,"y":707,"width":133,"height":8}},{"id":"b835445f-74b8-4581-ba60-f7f55e718a3c","block_type":"box","text":"BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services","page_number":4,"box":{"x":39,"y":736,"width":757,"height":8}},{"id":"a062f249-081a-4265-9c70-3c828409bdee","block_type":"box","text":"Limited (“BISL”) (collectively,","page_number":4,"box":{"x":800,"y":736,"width":143,"height":8}},{"id":"88e0f2f3-be15-4b35-af0f-d185cd5f5000","block_type":"box","text":"“Bloomberg”), or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices.","page_number":4,"box":{"x":39,"y":746,"width":452,"height":7}},{"id":"9f593523-a879-446d-9d7b-0a6cfbfbdd76","block_type":"box","text":"The products are not sponsored, endorsed, issued, sold or promoted by “Bloomberg.” Bloomberg makes no representation or warranty, express or imp","page_number":4,"box":{"x":38,"y":759,"width":747,"height":8}},{"id":"818cc125-5ec0-4b8e-ad09-86995e6f6ca7","block_type":"box","text":"lied, to the owners or","page_number":4,"box":{"x":787,"y":759,"width":104,"height":7}},{"id":"43ca4097-d393-494d-ae51-6b30ad74cd66","block_type":"box","text":"purchasers of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly","page_number":4,"box":{"x":39,"y":769,"width":729,"height":7}},{"id":"539e9168-70a3-469a-a6ec-95578b63e531","block_type":"box","text":"or the ability of the Bloomberg","page_number":4,"box":{"x":771,"y":769,"width":153,"height":7}},{"id":"9628de3c-2b0b-4fd7-b8cf-b4f15f865772","block_type":"box","text":"Indices to track general bond market performance. Bloomberg shall not pass on the legality or suitability of the products with respect to any person o","page_number":4,"box":{"x":39,"y":778,"width":745,"height":8}},{"id":"f6483d22-c06a-4a8e-9f32-c2a40562df13","block_type":"box","text":"r entity. Bloomberg’s only","page_number":4,"box":{"x":786,"y":778,"width":127,"height":8}},{"id":"6ec270f0-6cc3-4b8d-ae16-c7cefdd0269b","block_type":"box","text":"relationship to Vanguard and the products are the licensing of the Bloomberg Indices which are determined, composed and calculated by BISL without reg","page_number":4,"box":{"x":39,"y":787,"width":769,"height":8}},{"id":"5abb0abb-61e0-4d3c-b92a-18ecd4d04e81","block_type":"box","text":"ard to Vanguard or the","page_number":4,"box":{"x":809,"y":787,"width":114,"height":8}},{"id":"839d3c12-be70-491b-88ee-2db2ece4d924","block_type":"box","text":"products or any owners or purchasers of the products. Bloomberg has no obligation to take the needs of the products or the owners of the products into","page_number":4,"box":{"x":39,"y":797,"width":760,"height":7}},{"id":"bcbaf9f5-936e-4fb5-80b3-dbd39b9a4caf","block_type":"box","text":"consideration in","page_number":4,"box":{"x":802,"y":797,"width":78,"height":6}},{"id":"5df212b6-cea1-4e38-9328-59a62fc40fa3","block_type":"box","text":"determining, composing or calculating the Bloomberg Indices. Bloomberg shall not be responsible for and has not participated in the determination of t","page_number":4,"box":{"x":39,"y":806,"width":753,"height":8}},{"id":"c2f86ce4-2b43-455b-af4f-db9fcaed6a42","block_type":"box","text":"he timing of, prices at, or","page_number":4,"box":{"x":793,"y":806,"width":124,"height":8}},{"id":"fb7464f7-1bf6-4512-9b8b-1cb3eccbdd0e","block_type":"box","text":"quantities of the products to be issued. Bloomberg shall not have any obligation or liability in connection with the administration, marketing or trad","page_number":4,"box":{"x":39,"y":816,"width":734,"height":7}},{"id":"315bb8d1-0c15-4a25-9e6f-8e744b3d242b","block_type":"box","text":"ing of the products.","page_number":4,"box":{"x":774,"y":816,"width":97,"height":7}},{"id":"62df19af-867d-4957-9cba-cc8a9fca86dd","block_type":"box","text":"SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC.","page_number":4,"box":{"x":39,"y":829,"width":506,"height":8}},{"id":"f3a30c59-aa12-4893-a737-28048093173c","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":4,"box":{"x":39,"y":839,"width":326,"height":7}},{"id":"6a98d6da-ce77-4fd8-b60c-5acba3bf0853","block_type":"box","text":"SEDOL Masterfile®.","page_number":4,"box":{"x":368,"y":839,"width":98,"height":6}},{"id":"46129763-0c30-45fb-a5ea-6e786be582b2","block_type":"box","text":"Investment risk information","page_number":4,"box":{"x":39,"y":111,"width":156,"height":6}},{"id":"0417f3e3-3d64-4db1-84e1-f742ef031e2d","block_type":"box","text":"The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.","page_number":4,"box":{"x":38,"y":125,"width":603,"height":7}},{"id":"1555861b-3d23-49d0-8f30-2662524bc179","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":4,"box":{"x":39,"y":138,"width":302,"height":8}},{"id":"6839bdba-58bf-4c23-9f41-4408c727644c","block_type":"box","text":"Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level","page_number":4,"box":{"x":39,"y":152,"width":723,"height":8}},{"id":"a8df84da-c37a-41f3-a484-78809239bea1","block_type":"box","text":"of income may fluctuate.","page_number":4,"box":{"x":767,"y":152,"width":124,"height":8}},{"id":"36e09824-22bf-4589-a26c-41e0a0539229","block_type":"box","text":"Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such","page_number":4,"box":{"x":39,"y":162,"width":731,"height":7}},{"id":"874ca4b1-8800-4f2f-882a-07ea31c98315","block_type":"box","text":"may carry greater credit risk","page_number":4,"box":{"x":774,"y":162,"width":141,"height":7}},{"id":"551f87a3-8813-40cc-af51-25f43bee4f8c","block_type":"box","text":"increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in in","page_number":4,"box":{"x":39,"y":171,"width":751,"height":8}},{"id":"d1153b73-c312-4940-abb9-63fc50ff667e","block_type":"box","text":"terest rates are likely to","page_number":4,"box":{"x":792,"y":171,"width":118,"height":8}},{"id":"310a7d4d-61e4-4432-8880-c76b4a28414c","block_type":"box","text":"affect the capital value of bonds.","page_number":4,"box":{"x":39,"y":180,"width":164,"height":8}},{"id":"8ba9b3ba-63c6-4981-b1ec-22a3f4da0a95","block_type":"box","text":"The Funds may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce","page_number":4,"box":{"x":38,"y":194,"width":744,"height":8}},{"id":"076ec301-2afe-4c9d-92a0-871de8504640","block_type":"box","text":"exposure to underlying","page_number":4,"box":{"x":785,"y":194,"width":112,"height":8}},{"id":"aa7244de-ad79-437d-b247-b93ed0f4ad39","block_type":"box","text":"assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of","page_number":4,"box":{"x":39,"y":203,"width":706,"height":8}},{"id":"ec902640-78e7-44d9-a55a-e43f9e25dc0e","block_type":"box","text":"a financial asset (such as a share,","page_number":4,"box":{"x":748,"y":203,"width":167,"height":8}},{"id":"e55adba5-1011-4ecf-8609-8b597a2b2d06","block_type":"box","text":"bond, or currency) or a market index.","page_number":4,"box":{"x":39,"y":213,"width":182,"height":8}},{"id":"09b36f7e-b186-499c-a80b-db31f29c8934","block_type":"box","text":"Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investmen","page_number":4,"box":{"x":39,"y":227,"width":761,"height":7}},{"id":"633d5495-2099-443f-8477-3b4a0cb08b1e","block_type":"box","text":"ts.","page_number":4,"box":{"x":802,"y":227,"width":11,"height":6}},{"id":"5c99eef4-73e4-48e8-891d-b5022c0136ef","block_type":"box","text":"For further information on risks, please see the ’Risk Factors’ section of the prospectus on our website at https://global.vanguard.com.","page_number":4,"box":{"x":39,"y":240,"width":673,"height":8}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"6560107c-b4fa-473e-8e20-185ddbae83c9"},"user_id":1000002,"date_created":"2026-10-15T22:16:05.670000Z","date_modified":"2026-10-15T22:16:05.670000Z","private":false}