{"annotation_id":"2269cdc2-fec8-4717-a734-2c44fa763a39","file_hash":"3dcd80ee060fb9a0316b23c096d431411b5dbd1e8ebd64ff5d5df2c934f61465","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"c82287b4-e417-4781-9d37-75cab2038036","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":12,"width":155,"height":25}},{"id":"ea6a44d6-8201-47cb-a9c8-4ff03a4770bd","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":13,"width":14,"height":4}},{"id":"019f301f-43c8-494f-a8a9-4fff88da490b","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":1,"box":{"x":38,"y":107,"width":794,"height":22}},{"id":"0ee46e37-25bb-44df-b8f7-607aba904830","block_type":"box","text":"CHF Hedged Distributing - An exchange-traded fund","page_number":1,"box":{"x":39,"y":136,"width":450,"height":13}},{"id":"0341194a-3d8d-4033-a34d-0b9af2eb3ba5","block_type":"box","text":"Inception date: 20 May 2021","page_number":1,"box":{"x":40,"y":155,"width":203,"height":10}},{"id":"e99eb941-83f5-49be-9916-8076d235fe8a","block_type":"box","text":"Total assets (million) CHF1,300","page_number":1,"box":{"x":38,"y":176,"width":179,"height":8}},{"id":"756d02e5-8585-4549-bb18-08920f52f548","block_type":"box","text":"|","page_number":1,"box":{"x":221,"y":176,"width":2,"height":7}},{"id":"334b4d88-8875-440b-ba4d-e6d0e0d4d2d7","block_type":"box","text":"Share class assets (million) CHF32 as at 30 September 2026","page_number":1,"box":{"x":228,"y":176,"width":344,"height":8}},{"id":"97adb589-e4a4-4f1f-85a4-c9eafdbeed3a","block_type":"box","text":"Key ETF facts","page_number":1,"box":{"x":39,"y":210,"width":89,"height":9}},{"id":"065b01f9-f81f-4c3a-9b34-3509b19a2dc5","block_type":"box","text":"Exchange ticker","page_number":1,"box":{"x":307,"y":214,"width":80,"height":7}},{"id":"a3339823-faef-4f6c-b054-515dde82034d","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":457,"y":214,"width":36,"height":6}},{"id":"56b86f08-b3eb-45de-b656-1d6642b59f1f","block_type":"box","text":"Reuters","page_number":1,"box":{"x":561,"y":214,"width":39,"height":6}},{"id":"6d697db7-b20a-48bb-b5c7-6e9a41f24dcc","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":674,"y":214,"width":54,"height":7}},{"id":"d649d374-b04b-40a6-9298-49e0def736e3","block_type":"box","text":"Bloomberg iNav","page_number":1,"box":{"x":771,"y":214,"width":80,"height":7}},{"id":"92ae73c6-5641-4585-9efc-87b94eb0cef4","block_type":"box","text":"Valoren","page_number":1,"box":{"x":912,"y":214,"width":39,"height":6}},{"id":"4c39d0b2-ec5b-433f-b896-3bb6e1595b0d","block_type":"box","text":"SIX Swiss Exchange","page_number":1,"box":{"x":39,"y":233,"width":101,"height":7}},{"id":"351dbe73-02e3-43a0-81ce-3df81e8ec542","block_type":"box","text":"CHF","page_number":1,"box":{"x":39,"y":244,"width":18,"height":5}},{"id":"14855ddb-5c71-46a7-948a-95534daac0fc","block_type":"box","text":"V3GH","page_number":1,"box":{"x":361,"y":244,"width":25,"height":5}},{"id":"08463d21-cf54-4a3b-8076-eb9ff0f57681","block_type":"box","text":"BMV7ZD1","page_number":1,"box":{"x":449,"y":244,"width":44,"height":5}},{"id":"7f79f317-b809-471f-9828-f7c8e8103915","block_type":"box","text":"V3GH.S","page_number":1,"box":{"x":566,"y":244,"width":33,"height":5}},{"id":"d25bbd04-22d7-4c61-bb7a-7212076c763c","block_type":"box","text":"V3GH SW","page_number":1,"box":{"x":685,"y":244,"width":43,"height":5}},{"id":"b638a4e4-f996-4fd9-83d9-da73fdcb74c6","block_type":"box","text":"IV3GHCHF","page_number":1,"box":{"x":804,"y":244,"width":46,"height":5}},{"id":"25002ee6-f026-4a74-afa9-91b86375cb90","block_type":"box","text":"59341100","page_number":1,"box":{"x":907,"y":244,"width":44,"height":5}},{"id":"c9c1ff98-f0c3-419f-84d2-8f249936b3a3","block_type":"box","text":"Ongoing Charges Figure†","page_number":1,"box":{"x":39,"y":411,"width":134,"height":8}},{"id":"fb1aebdd-5a8f-403a-9258-6a4e42d76b9f","block_type":"box","text":"e†","page_number":1,"box":{"x":173,"y":409,"width":10,"height":8}},{"id":"1a6caab4-37a3-4bec-b46a-e1a3a64c6bda","block_type":"box","text":"0.15","page_number":1,"box":{"x":218,"y":411,"width":20,"height":6}},{"id":"08fd6c5e-e86d-4c60-82a2-6675a3ea26bd","block_type":"box","text":"%","page_number":1,"box":{"x":239,"y":411,"width":9,"height":6}},{"id":"eae08f80-d37e-4408-a149-0fd76c77db0e","block_type":"box","text":"†","page_number":1,"box":{"x":39,"y":434,"width":5,"height":5}},{"id":"a49e7f6f-97f4-419c-9b4f-f8a6722e78bb","block_type":"box","text":"The Ongoing Charges Figure (OCF) covers administration, audit, depository, legal, registration and regulatory expenses incurred in respect of the Fu","page_number":1,"box":{"x":49,"y":435,"width":738,"height":8}},{"id":"0ac8dacf-5c61-43fd-8f7a-87717c2c5bfa","block_type":"box","text":"nds. When you invest with","page_number":1,"box":{"x":789,"y":435,"width":129,"height":8}},{"id":"cc6fbaf0-3f4d-4a01-980a-323e11af7591","block_type":"box","text":"any fund manager, you pay a number of charges, starting with the Annual Management Charge (AMC) which covers the fund manager’s costs of managing","page_number":1,"box":{"x":39,"y":448,"width":777,"height":8}},{"id":"90a43e3a-403b-480a-8cdc-4c0366ed7d5e","block_type":"box","text":"the fund. The AMC","page_number":1,"box":{"x":820,"y":448,"width":93,"height":6}},{"id":"5c32e2e2-f054-45e0-9d21-951f8ce31f70","block_type":"box","text":"plus ongoing running costs and other operational expenses make up the fund’s total ’ongoing charges figure’.","page_number":1,"box":{"x":39,"y":458,"width":543,"height":8}},{"id":"bef343ec-afa5-40ac-82f0-0a96f60c1bad","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":477,"width":186,"height":8}},{"id":"5657fea5-7727-4dc1-be09-93c7aba72f6f","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":495,"width":3,"height":2}},{"id":"f4803852-9709-4a4d-aba4-7f98d0071b34","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":492,"width":732,"height":8}},{"id":"ad5f0fd0-d212-4399-a948-144949c9c61a","block_type":"box","text":"rformance of the Bloomberg","page_number":1,"box":{"x":784,"y":492,"width":142,"height":8}},{"id":"8d511091-3ca9-41dd-884c-95f2ebaeb4a0","block_type":"box","text":"MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index (the “Index”).","page_number":1,"box":{"x":51,"y":503,"width":403,"height":8}},{"id":"7a476e5f-ac68-430c-9184-0d1b9f26f8d3","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":517,"width":3,"height":3}},{"id":"2a17fe31-1a13-4876-98e9-b69fd39df955","block_type":"box","text":"The Fund invests in a multi-currency portfolio of investment grade corporate fixed-rate bonds from both developed and emerging market issuers that con","page_number":1,"box":{"x":51,"y":515,"width":767,"height":8}},{"id":"e93acea3-b3df-4b54-ac1f-09911edaab1d","block_type":"box","text":"sists of a","page_number":1,"box":{"x":820,"y":515,"width":43,"height":6}},{"id":"4dcab03e-03c0-4267-858e-a010fd7c096f","block_type":"box","text":"representative sample of the component securities of the Index.","page_number":1,"box":{"x":51,"y":526,"width":318,"height":7}},{"id":"a70f2615-24c9-4bf4-8325-97e2cf1ff9d4","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":540,"width":3,"height":2}},{"id":"8b78b680-097c-48a1-a5a3-28c187773f7a","block_type":"box","text":"The Index is constructed from the Bloomberg Global Aggregate Float-Adjusted Corporate Index (the “Parent Index”) which represents a similar in","page_number":1,"box":{"x":51,"y":538,"width":725,"height":8}},{"id":"b525b809-8234-4fa8-b2ef-418c1da6af82","block_type":"box","text":"vestment universe which is","page_number":1,"box":{"x":777,"y":538,"width":133,"height":6}},{"id":"8ccb8305-2e74-413c-916d-b6d073211df0","block_type":"box","text":"then screened for certain environmental, social, and governance (i.e. controversy-related) criteria which is independent of Vanguard. Criteria (the","page_number":1,"box":{"x":51,"y":549,"width":724,"height":7}},{"id":"b40865e1-778a-4365-9062-eb773fcc7eb0","block_type":"box","text":"“screening criteria”) by","page_number":1,"box":{"x":779,"y":549,"width":114,"height":7}},{"id":"a92242ee-f979-40a0-8019-30585240fa88","block_type":"box","text":"Bloomberg as the sponsor of the Index, which is independent of Vanguard.","page_number":1,"box":{"x":51,"y":559,"width":370,"height":8}},{"id":"67fc63a8-97ef-4d48-a6de-da48fbc9b8c3","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":573,"width":3,"height":3}},{"id":"145353e1-34ba-431e-8f5b-d17e20eb1385","block_type":"box","text":"Through the screening out of bonds issued by corporate issuers from its portfolio based on the potentially detrimental impact of the relevant corporat","page_number":1,"box":{"x":51,"y":571,"width":749,"height":8}},{"id":"c6b17791-463f-4da0-869f-63df76210869","block_type":"box","text":"e issuer’s conduct or","page_number":1,"box":{"x":801,"y":571,"width":101,"height":6}},{"id":"362d28fc-a994-4f0e-b99e-2246552915c6","block_type":"box","text":"products on society and / or the environment, the Fund promotes certain environmental characteristics and social characteristics relating to social no","page_number":1,"box":{"x":51,"y":582,"width":745,"height":8}},{"id":"04b09950-2c7d-40c3-bb9f-56f18e3e3468","block_type":"box","text":"rms and standards.","page_number":1,"box":{"x":798,"y":582,"width":95,"height":6}},{"id":"acdbf3c2-6f94-427d-b236-7ca5713a00f1","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":596,"width":3,"height":3}},{"id":"02e4b54e-bff8-4f36-a419-83d54afc2586","block_type":"box","text":"The Index methodology excludes the bonds of corporate issuers that MSCI determines (a) to be engaged in activities in or involved in specific parts","page_number":1,"box":{"x":51,"y":594,"width":730,"height":8}},{"id":"a9f49fdb-c798-457c-9dde-574dcd9d9b13","block_type":"box","text":"of the supply chain for,","page_number":1,"box":{"x":784,"y":594,"width":113,"height":8}},{"id":"4c324a20-b5ad-418e-b037-b68c14f8a2b8","block_type":"box","text":"and/or (b) derive revenue (above a threshold specified by the Index provider) from, certain business segments of activities related to the followi","page_number":1,"box":{"x":51,"y":604,"width":716,"height":8}},{"id":"718cbed7-703e-4f51-8b0a-e141b0db68ae","block_type":"box","text":"ng: (i) adult entertainment, (ii)","page_number":1,"box":{"x":768,"y":605,"width":152,"height":7}},{"id":"be7e0434-0820-4dc6-ba0f-99f9681d8138","block_type":"box","text":"alcohol, (iii) gambling, (iv) tobacco, (v) nuclear weapons, (vi) controversial weapons, (vii) conventional weapons, (viii) civilian firear","page_number":1,"box":{"x":51,"y":615,"width":646,"height":8}},{"id":"c0bc71ae-7a77-430d-bb36-ca5c888d27f1","block_type":"box","text":"ms, (ix) nuclear power, or (x) fossil fuels (which","page_number":1,"box":{"x":699,"y":615,"width":232,"height":8}},{"id":"b2f87a72-ddee-43f6-9887-add8ff5b91cb","block_type":"box","text":"includes thermal coal, oil, gas, oil sands, arctic oil or arctic gas). The index provider defines what constitutes “involvement” in each activi","page_number":1,"box":{"x":51,"y":626,"width":674,"height":7}},{"id":"6dec9d0d-25db-44f3-8cf0-a40f10a4a971","block_type":"box","text":"ty. This may be based on percentage of","page_number":1,"box":{"x":726,"y":626,"width":196,"height":7}},{"id":"ea6bddf4-7b06-451b-85da-87a076c90d61","block_type":"box","text":"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","page_number":1,"box":{"x":51,"y":636,"width":729,"height":8}},{"id":"998e430e-b2ca-40dd-bb29-02e00db8aaf4","block_type":"box","text":".","page_number":1,"box":{"x":782,"y":642,"width":1,"height":0}},{"id":"54ed6e7b-7d43-4f6b-a74b-20603b1ed5cb","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":651,"width":3,"height":2}},{"id":"7ef8f60f-e4bd-445e-9235-03be51f43d61","block_type":"box","text":"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.","page_number":1,"box":{"x":51,"y":649,"width":759,"height":7}},{"id":"c73f8c5d-cf24-4b7e-9686-d18ca94dfc99","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":663,"width":3,"height":2}},{"id":"54152e80-91bf-4aa6-85fd-5b06a7802530","block_type":"box","text":"For the full investment strategy please review the prospectus.","page_number":1,"box":{"x":51,"y":661,"width":309,"height":7}},{"id":"8603b825-c2ae-4b40-857f-9b3ba1c33afd","block_type":"box","text":"‡","page_number":1,"box":{"x":35,"y":956,"width":3,"height":4}},{"id":"4c0a1434-8a5a-4a65-809d-f8f9003a37b8","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":956,"width":181,"height":7}},{"id":"0f82aba9-3ab1-4ca6-935b-e64e7ac0d984","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":42,"y":971,"width":658,"height":8}},{"id":"fdff4768-3203-40f9-bbd6-8c73337b0be5","block_type":"box","text":"Base currency","page_number":1,"box":{"x":39,"y":271,"width":71,"height":8}},{"id":"577d7380-f820-4128-94e7-2f39dc3c576f","block_type":"box","text":"Tax reporting","page_number":1,"box":{"x":268,"y":271,"width":69,"height":8}},{"id":"64b4284c-08e3-48b4-9e9e-dc2d12b1cb1d","block_type":"box","text":"SRRI","page_number":1,"box":{"x":412,"y":271,"width":23,"height":6}},{"id":"cabb0852-4138-4c8b-a659-7d2bd84635e7","block_type":"box","text":"‡","page_number":1,"box":{"x":436,"y":271,"width":4,"height":4}},{"id":"5b7456f1-4d04-4290-b19f-76ac108bc1ec","block_type":"box","text":"Index ticker","page_number":1,"box":{"x":496,"y":271,"width":59,"height":6}},{"id":"b8934a04-d4c0-4a6a-b96d-1321363886d7","block_type":"box","text":"Investment structure","page_number":1,"box":{"x":646,"y":271,"width":108,"height":6}},{"id":"2d30e0dc-3f52-40cd-8dd3-35bba94a6e24","block_type":"box","text":"Domicile","page_number":1,"box":{"x":903,"y":271,"width":42,"height":6}},{"id":"0b59675a-ce8c-4df4-8ed9-eb9e9f0c892f","block_type":"box","text":"USD","page_number":1,"box":{"x":39,"y":288,"width":18,"height":5}},{"id":"d005acc5-9961-4d24-8d3b-5f33403807c9","block_type":"box","text":"Austria, Italy, Switzerland, UK","page_number":1,"box":{"x":210,"y":288,"width":128,"height":6}},{"id":"8dc47708-e309-422d-90fd-3090728aa620","block_type":"box","text":"4","page_number":1,"box":{"x":435,"y":288,"width":5,"height":5}},{"id":"e27e297a-a34c-4cda-8c99-b037d164e19c","block_type":"box","text":"H35936CH","page_number":1,"box":{"x":509,"y":288,"width":45,"height":5}},{"id":"7e70f810-f955-4fa6-9365-ce4580c95ea6","block_type":"box","text":"UCITS","page_number":1,"box":{"x":727,"y":288,"width":25,"height":5}},{"id":"d9a349b2-67c0-43b6-81cd-f77c03c9abe1","block_type":"box","text":"Ireland","page_number":1,"box":{"x":917,"y":288,"width":28,"height":5}},{"id":"f847f0ce-4632-4d99-8fa0-ac9080b82f91","block_type":"box","text":"Legal entity","page_number":1,"box":{"x":39,"y":319,"width":60,"height":7}},{"id":"6da722bc-67ba-4764-9e32-3d0feee965f0","block_type":"box","text":"Investment method","page_number":1,"box":{"x":238,"y":319,"width":99,"height":6}},{"id":"3234840b-7b78-421e-ab16-ba79c10479f3","block_type":"box","text":"ISIN","page_number":1,"box":{"x":420,"y":319,"width":20,"height":6}},{"id":"07c4ef6d-e388-43bc-9900-433d25c677a7","block_type":"box","text":"Dividends","page_number":1,"box":{"x":506,"y":319,"width":49,"height":6}},{"id":"a06d5b00-8581-44bb-8ad9-dd9ebf5b02a9","block_type":"box","text":"Dividend schedule","page_number":1,"box":{"x":663,"y":319,"width":90,"height":6}},{"id":"e705b555-46c9-4029-b93b-cba0a816b4ee","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":841,"y":319,"width":105,"height":7}},{"id":"035cb25d-f396-4c07-bdcc-46c4a6d87fc3","block_type":"box","text":"Vanguard Funds plc","page_number":1,"box":{"x":38,"y":335,"width":85,"height":7}},{"id":"b45f369f-5028-4119-aedf-76954d810a67","block_type":"box","text":"Physical","page_number":1,"box":{"x":303,"y":335,"width":34,"height":7}},{"id":"8d2a74d3-1af9-4b0b-983b-6c3ef0235374","block_type":"box","text":"IE00BNDS1S60","page_number":1,"box":{"x":372,"y":335,"width":67,"height":6}},{"id":"68c8666a-daae-4ec1-9030-41f6bd158f91","block_type":"box","text":"Distributed","page_number":1,"box":{"x":507,"y":335,"width":47,"height":6}},{"id":"6377b2f4-a751-436a-ad6a-839492a63ff1","block_type":"box","text":"Monthly","page_number":1,"box":{"x":719,"y":335,"width":34,"height":7}},{"id":"96973e2a-7e58-4d78-9cdf-831bc39728af","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":780,"y":335,"width":166,"height":7}},{"id":"5d82ead7-d4c6-4602-9e69-72884bcb10b6","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":67,"width":229,"height":9}},{"id":"63fb05a6-6a90-425e-bed5-17d64b3d799a","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":80,"width":84,"height":10}},{"id":"2df98d09-4118-48f8-84ef-66c5c9d6d1d5","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":81,"width":7,"height":11}},{"id":"563aaea7-8afd-46e7-a6dd-dec05f7378b5","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":81,"width":161,"height":11}},{"id":"228be8cd-f3a9-4e8c-b560-336311141418","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":2,"box":{"x":38,"y":34,"width":715,"height":19}},{"id":"bd82d833-b228-40ec-a1c9-c07644b8c275","block_type":"box","text":"CHF Hedged Distributing - An exchange-traded fund","page_number":2,"box":{"x":39,"y":60,"width":450,"height":13}},{"id":"ad8d0d56-d388-4aa2-a50d-d7a23143e9a9","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":99,"width":127,"height":8}},{"id":"f6ae9bf5-0ec4-4051-9aea-2639d7a365eb","block_type":"box","text":"CHF","page_number":2,"box":{"x":39,"y":117,"width":21,"height":6}},{"id":"5a24e163-918f-403c-a081-49a3ad333378","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":120,"width":8,"height":1}},{"id":"050d54d1-44c9-43ab-9da1-89415116c51c","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":2,"box":{"x":69,"y":117,"width":248,"height":7}},{"id":"7e75a712-dfc6-4b5e-bd26-b60aab62bf1a","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":128,"width":56,"height":6}},{"id":"1e6faa3f-8a67-44b8-a79f-7df22dd6ca08","block_type":"box","text":"— Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index in CHF","page_number":2,"box":{"x":98,"y":128,"width":439,"height":7}},{"id":"306339a4-7378-47e4-9230-ae48aabd821a","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":187,"width":148,"height":8}},{"id":"65840c3c-02c6-473a-97de-a8517a9296ba","block_type":"box","text":"1 month","page_number":2,"box":{"x":284,"y":187,"width":40,"height":6}},{"id":"7940570d-fb5d-4b4e-83b0-bcccc370b868","block_type":"box","text":"Quarter","page_number":2,"box":{"x":378,"y":187,"width":39,"height":6}},{"id":"247aa0ba-49dd-423d-ab51-2a0960096732","block_type":"box","text":"Year to","page_number":2,"box":{"x":473,"y":177,"width":36,"height":6}},{"id":"f8965b0b-e88a-4066-acbf-d1ae6041f338","block_type":"box","text":"date","page_number":2,"box":{"x":486,"y":187,"width":23,"height":6}},{"id":"ee06372c-9e85-4122-9eea-528a1a050e59","block_type":"box","text":"1 year","page_number":2,"box":{"x":557,"y":187,"width":30,"height":8}},{"id":"e77b3734-287f-4413-a4dc-24da178a68e6","block_type":"box","text":"3 years","page_number":2,"box":{"x":633,"y":187,"width":35,"height":8}},{"id":"8639149f-d25b-4fcf-a6fe-46647fa5237c","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":187,"width":35,"height":8}},{"id":"05f4953d-ffaa-4e2f-9379-8c117d14f474","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":187,"width":41,"height":8}},{"id":"7a49724c-8928-4336-89a7-7f25f444e510","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":177,"width":26,"height":6}},{"id":"8ef8d12f-00e7-490f-b025-75856f1aaa1e","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":188,"width":45,"height":7}},{"id":"2843218d-2e17-4ba0-b10e-a3da7b0df1e9","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":205,"width":20,"height":5}},{"id":"978fe994-96d1-47f7-8dab-815335de68dc","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":205,"width":59,"height":6}},{"id":"adb326ce-3158-4055-b935-2a28d0c1bb9b","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":205,"width":3,"height":6}},{"id":"9b449533-f8d5-43f3-807a-857c5e0dc704","block_type":"box","text":"-2.40%","page_number":2,"box":{"x":294,"y":205,"width":30,"height":5}},{"id":"ee094ce8-4ec8-4091-bd6c-4491712ab458","block_type":"box","text":"-4.17%","page_number":2,"box":{"x":386,"y":205,"width":30,"height":5}},{"id":"ac16f459-4e0f-49dc-926f-ba5e0e66de95","block_type":"box","text":"-4.92%","page_number":2,"box":{"x":478,"y":205,"width":31,"height":5}},{"id":"dce3e93d-e9e7-4d4a-9fc4-2ee9919d5c96","block_type":"box","text":"-5.28%","page_number":2,"box":{"x":556,"y":205,"width":30,"height":5}},{"id":"19e8b893-2c56-4443-9b29-5046150225bc","block_type":"box","text":"0.68%","page_number":2,"box":{"x":641,"y":205,"width":27,"height":5}},{"id":"e7c81e92-bd5e-4d7c-abfc-bd127e94f714","block_type":"box","text":"-3.48%","page_number":2,"box":{"x":728,"y":205,"width":30,"height":5}},{"id":"2e5a9ad4-7c16-4b6f-aaad-0a28a54e7adf","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":208,"width":7,"height":0}},{"id":"26d4cb65-d008-4bca-a4a3-360c72f95953","block_type":"box","text":"-3.03%","page_number":2,"box":{"x":921,"y":205,"width":31,"height":5}},{"id":"38dd5eae-578c-4024-9643-3cb15b0c71b6","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":221,"width":48,"height":5}},{"id":"777ef2e3-61e5-4de8-9e3d-ecdb4ea12722","block_type":"box","text":"-2.38%","page_number":2,"box":{"x":294,"y":220,"width":30,"height":5}},{"id":"5ef8bbea-c3cb-44d9-8826-388daf4605d0","block_type":"box","text":"-4.14%","page_number":2,"box":{"x":386,"y":220,"width":30,"height":5}},{"id":"e963d622-a6f8-41aa-974d-744eae05c2ed","block_type":"box","text":"-4.88%","page_number":2,"box":{"x":478,"y":220,"width":31,"height":5}},{"id":"8667e7bc-99df-450d-ac2d-96d270edae8b","block_type":"box","text":"-5.17%","page_number":2,"box":{"x":556,"y":220,"width":30,"height":5}},{"id":"bca25ba4-3a60-4d2f-8afc-f389063432ff","block_type":"box","text":"0.78%","page_number":2,"box":{"x":641,"y":220,"width":27,"height":5}},{"id":"9eeaa9da-7582-45aa-a3c0-f71932981c35","block_type":"box","text":"-3.38%","page_number":2,"box":{"x":728,"y":220,"width":30,"height":5}},{"id":"b9b6b707-2e2f-4cdf-a2a1-e69a184fb22c","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":223,"width":7,"height":0}},{"id":"fd31f938-1f25-426d-aee3-f5c1293cca73","block_type":"box","text":"-2.93%","page_number":2,"box":{"x":921,"y":220,"width":31,"height":5}},{"id":"a7690b4a-76e6-49d6-9746-783b1cf7ce83","block_type":"box","text":"**Figures for periods less than one year are cumulative returns. All other figures represent annual returns. Performance figures include the reinvest","page_number":2,"box":{"x":39,"y":237,"width":734,"height":7}},{"id":"ec03e971-5306-4958-8947-75900c53e8e4","block_type":"box","text":"ment of all dividends and any","page_number":2,"box":{"x":775,"y":237,"width":145,"height":7}},{"id":"25fe268f-740b-4619-9036-bcf3a0445784","block_type":"box","text":"capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of shares. B","page_number":2,"box":{"x":39,"y":246,"width":757,"height":8}},{"id":"de4ac01e-e682-46b6-8c0a-3f88ea23e1ac","block_type":"box","text":"asis of fund performance is","page_number":2,"box":{"x":797,"y":246,"width":135,"height":8}},{"id":"6fdcdb55-ba7c-4a75-aaf2-cbc7b8619515","block_type":"box","text":"NAV to NAV with gross income invested. Basis of index performance is total return.","page_number":2,"box":{"x":39,"y":255,"width":418,"height":8}},{"id":"a9ef0147-5fdf-4b1f-a756-56759f8d6a9d","block_type":"box","text":"Performance and Data is calculated on closing NAV as at 30 September 2026.","page_number":2,"box":{"x":39,"y":271,"width":390,"height":7}},{"id":"2cf1e0be-27f3-4b09-baf7-2b46c2548cbb","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":2,"box":{"x":39,"y":284,"width":307,"height":8}},{"id":"26fc455e-355f-422c-94df-ed01a0049a49","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":298,"width":736,"height":8}},{"id":"e831ea6e-6ff6-4fbb-b843-5eb2f5063cb2","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":298,"width":143,"height":6}},{"id":"4b928e7b-af97-40b9-ac8b-33ff4d99ca9b","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":308,"width":759,"height":7}},{"id":"b6e2da04-c381-4488-a870-8b29fb19cf4a","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":308,"width":97,"height":6}},{"id":"8b58f8b2-8cda-4ff3-a735-e8994861a79a","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in CHF, net of fees.","page_number":2,"box":{"x":39,"y":317,"width":604,"height":8}},{"id":"5441dda5-a9d5-476f-96fc-9d5deb703d20","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":344,"width":88,"height":8}},{"id":"0a111952-5926-4a4a-86df-037eaab2bec9","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":569,"width":7,"height":1}},{"id":"2ae473e1-f73f-43de-bce3-82114fade2f9","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":569,"width":7,"height":1}},{"id":"b75403ea-dd98-44b2-ada2-585c15bddae9","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":569,"width":7,"height":1}},{"id":"665ccb5a-f417-42ec-8557-476ea6711a3b","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":569,"width":7,"height":1}},{"id":"fe271e5d-dfc1-497b-aef5-15e24cef6322","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":569,"width":6,"height":1}},{"id":"1d43a789-ade4-4582-88a3-18763e39c140","block_type":"box","text":"01 Oct 2021","page_number":2,"box":{"x":587,"y":549,"width":53,"height":5}},{"id":"9dcbc1dd-9519-4c6d-8df0-079c1d2e0774","block_type":"box","text":"-","page_number":2,"box":{"x":613,"y":560,"width":3,"height":1}},{"id":"63fb271d-d191-4eed-a7d2-a8f3c699adf6","block_type":"box","text":"30 Sep 2022","page_number":2,"box":{"x":587,"y":566,"width":53,"height":7}},{"id":"6b7228f3-45c0-4377-ba7f-3a39d5467d24","block_type":"box","text":"01 Oct 2022","page_number":2,"box":{"x":664,"y":549,"width":53,"height":5}},{"id":"061adf74-ebc5-44a1-a15c-a390ef80c277","block_type":"box","text":"-","page_number":2,"box":{"x":691,"y":560,"width":2,"height":1}},{"id":"e76b565d-89af-4aff-b898-9d28b6539a3b","block_type":"box","text":"30 Sep 2023","page_number":2,"box":{"x":664,"y":566,"width":53,"height":7}},{"id":"605c5343-40b5-4606-af23-71f4e7fd4160","block_type":"box","text":"01 Oct 2023","page_number":2,"box":{"x":742,"y":549,"width":53,"height":5}},{"id":"75d30b6c-e78d-4c0b-bec3-81bcc0e531dc","block_type":"box","text":"-","page_number":2,"box":{"x":768,"y":560,"width":3,"height":1}},{"id":"747c1d45-0e1f-4879-aae3-295ec5e6f690","block_type":"box","text":"30 Sep 2024","page_number":2,"box":{"x":742,"y":566,"width":53,"height":7}},{"id":"207d93bf-13c5-4dc6-b0f2-433497b7bf6d","block_type":"box","text":"01 Oct 2024","page_number":2,"box":{"x":819,"y":549,"width":53,"height":5}},{"id":"008325e4-ac73-42f6-92d2-3d1a24b11f18","block_type":"box","text":"-","page_number":2,"box":{"x":846,"y":560,"width":2,"height":1}},{"id":"490ca5c6-193b-450d-a52c-bbdb87d78773","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":819,"y":566,"width":53,"height":7}},{"id":"4a39050e-0dbb-4f51-8a33-5670432202ae","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":897,"y":549,"width":53,"height":5}},{"id":"4c00e6b1-0141-493b-8f9d-76410c3d5e77","block_type":"box","text":"-","page_number":2,"box":{"x":923,"y":560,"width":3,"height":1}},{"id":"71864e5c-d558-498c-a3ca-d9a66a22aa85","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":897,"y":566,"width":53,"height":7}},{"id":"4126f904-f1e5-4377-b3d3-0cf148a86986","block_type":"box","text":"Fund (","page_number":2,"box":{"x":63,"y":582,"width":27,"height":7}},{"id":"9a84c3c6-0e7e-4a15-b2a1-943f6f210a12","block_type":"box","text":"Net of expenses)","page_number":2,"box":{"x":91,"y":583,"width":59,"height":6}},{"id":"70b9926c-0560-4158-9d73-0db66a48e719","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":587,"width":7,"height":0}},{"id":"274b1526-73b8-4f79-8ed6-5357f55ef850","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":587,"width":7,"height":0}},{"id":"25ebede0-9b34-47a1-8343-6417977c2a7b","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":587,"width":7,"height":0}},{"id":"82693352-5190-49d6-8f6b-820341ad877a","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":587,"width":7,"height":0}},{"id":"ddfdac0b-b7ad-4dd8-a236-68c0d17048b5","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":587,"width":6,"height":0}},{"id":"527cf10e-a493-4aaf-a1e8-bf8dbc2192a2","block_type":"box","text":"-18.01%","page_number":2,"box":{"x":595,"y":584,"width":36,"height":5}},{"id":"2809ef2a-d090-472f-829e-26f901aaa697","block_type":"box","text":"0.15%","page_number":2,"box":{"x":677,"y":584,"width":27,"height":5}},{"id":"09674b7b-2acd-4b7e-9894-33c901680f50","block_type":"box","text":"7.89%","page_number":2,"box":{"x":755,"y":584,"width":27,"height":5}},{"id":"7843ac3a-5d4b-4c26-bcfc-e9f878cbe80f","block_type":"box","text":"-0.15%","page_number":2,"box":{"x":831,"y":584,"width":30,"height":5}},{"id":"8dadbbcd-4aa5-480f-b86e-055a2245e5a0","block_type":"box","text":"-5.28%","page_number":2,"box":{"x":908,"y":584,"width":30,"height":5}},{"id":"9176561f-464f-419c-9b92-c05370f3a94d","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":598,"width":48,"height":5}},{"id":"1b257d53-dba1-4990-8cc7-280c64e16acd","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":602,"width":7,"height":1}},{"id":"4de24aa9-2f8a-4a39-8465-3b749dbe41bd","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":602,"width":7,"height":1}},{"id":"b69ed66b-bbb6-43cd-9218-00e66090c1d2","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":602,"width":7,"height":1}},{"id":"4a8ef305-4b51-4ef8-a525-96d37b13c677","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":602,"width":7,"height":1}},{"id":"d2318716-c59a-4b10-bc6f-870e0ede951a","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":602,"width":6,"height":1}},{"id":"121f176e-9dae-4ca7-ad84-48c0c49afd6a","block_type":"box","text":"-17.97%","page_number":2,"box":{"x":595,"y":599,"width":36,"height":5}},{"id":"4910e18f-2923-46cc-b676-aa4561abf50f","block_type":"box","text":"0.27%","page_number":2,"box":{"x":677,"y":599,"width":27,"height":5}},{"id":"a096d100-de0b-4293-97d6-9be6e5f6d4f4","block_type":"box","text":"8.02%","page_number":2,"box":{"x":755,"y":599,"width":27,"height":5}},{"id":"e63d7244-819e-4755-959c-14d3a25ac237","block_type":"box","text":"-0.07%","page_number":2,"box":{"x":831,"y":599,"width":30,"height":5}},{"id":"08a6855b-fb64-4f6e-b171-79777920fa47","block_type":"box","text":"-5.17%","page_number":2,"box":{"x":908,"y":599,"width":30,"height":5}},{"id":"bf043049-27a9-4c54-9f68-c633be392be7","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":402,"width":167,"height":8}},{"id":"b9d9428c-b897-4f72-a660-a243b82e0e56","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":972,"width":658,"height":8}},{"id":"cff540c4-64c8-44cb-9f3f-7c5235d37d39","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":645,"width":117,"height":8}},{"id":"91fc5cc5-698d-4f85-9afb-6127fe293320","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":659,"width":721,"height":8}},{"id":"41f72164-5b1c-46af-b6b7-4d240ffef03c","block_type":"box","text":"lity which, in turn, are driven by other","page_number":2,"box":{"x":761,"y":659,"width":184,"height":8}},{"id":"538bc21a-a4db-4b31-af77-1ad176820cd4","block_type":"box","text":"factors including political, economic news, company earnings and significant corporate events. Currency hedging may not completely eliminate currency","page_number":2,"box":{"x":38,"y":669,"width":758,"height":8}},{"id":"b6a7dc4c-eed7-48e8-8c05-ffea0e1707bd","block_type":"box","text":"risk in the Fund, and may","page_number":2,"box":{"x":800,"y":669,"width":124,"height":8}},{"id":"96150b56-1557-49cd-bebf-d6ef90d539b1","block_type":"box","text":"affect the performance of the Fund.","page_number":2,"box":{"x":39,"y":679,"width":181,"height":8}},{"id":"dbd2e6fe-93f1-43c5-bfa5-084f1fdd207c","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":693,"width":734,"height":8}},{"id":"56f1fac3-2002-4b84-988d-c27984103ff8","block_type":"box","text":"er instruments, may expose the Fund","page_number":2,"box":{"x":774,"y":693,"width":184,"height":8}},{"id":"677d56b7-e9f7-44fa-8c7e-f3169a0c7f3c","block_type":"box","text":"to financial loss.","page_number":2,"box":{"x":38,"y":703,"width":80,"height":6}},{"id":"f648ab53-eb68-45c2-849d-d12edfb4790e","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":717,"width":627,"height":8}},{"id":"c9be2d90-948e-4246-b086-64d8b915384b","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":731,"width":743,"height":8}},{"id":"e35d4d98-d793-409e-a2ef-45f0faed28ab","block_type":"box","text":"to provide investment results that,","page_number":2,"box":{"x":786,"y":731,"width":172,"height":8}},{"id":"01bed0f3-d997-43e3-81ca-aa001adf8a18","block_type":"box","text":"before expenses, generally correspond to the price and yield performance of the Index.","page_number":2,"box":{"x":39,"y":741,"width":429,"height":8}},{"id":"6cd8ec89-b629-47b2-916b-b6c200b95b44","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":755,"width":749,"height":8}},{"id":"2272f329-bed2-4003-a25a-c4e9b634b3d1","block_type":"box","text":"here is the risk that the securities","page_number":2,"box":{"x":789,"y":755,"width":165,"height":6}},{"id":"9ee80907-b3f8-457f-94d4-e65891d54f93","block_type":"box","text":"selected for the Fund may not, in the aggregate, approximate the full Index.","page_number":2,"box":{"x":39,"y":765,"width":378,"height":8}},{"id":"c44d036f-16d2-4036-a1db-1fd6ea9d4b8f","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":779,"width":608,"height":8}},{"id":"17d64213-89a5-41b0-b895-ecb8a5ec3994","block_type":"box","text":"Screening risk. A Fund may track an index which screens out possible investments if they do not meet certain screening criteria. This may affect the F","page_number":2,"box":{"x":39,"y":793,"width":744,"height":8}},{"id":"d4263cf1-b5cc-44d9-a863-0a1eff1f58d0","block_type":"box","text":"und’s exposure to certain issuers","page_number":2,"box":{"x":784,"y":793,"width":162,"height":8}},{"id":"e90dddaf-198d-4059-801a-69ff87179944","block_type":"box","text":"and cause the Fund to forego certain investment opportunities. The relevant Fund may perform differently to other funds, including underperforming fun","page_number":2,"box":{"x":39,"y":803,"width":764,"height":8}},{"id":"9cb5d7a9-35e9-4589-98eb-de4d64b8f63c","block_type":"box","text":"ds that do not seek to screen","page_number":2,"box":{"x":805,"y":803,"width":143,"height":6}},{"id":"63c14282-a307-44ca-b577-bbbab0ce60c2","block_type":"box","text":"investments in this way.","page_number":2,"box":{"x":39,"y":813,"width":119,"height":7}},{"id":"8de4f1c8-40d2-4d7a-863c-701adf74b465","block_type":"box","text":"Accuracy risk. There is no assurance that the Index provider will compile the Index accurately or that the Index will be determinded, composed or calc","page_number":2,"box":{"x":38,"y":827,"width":740,"height":7}},{"id":"82b6631a-de05-4489-83d5-bcd4a89e7cff","block_type":"box","text":"ulated correctly.","page_number":2,"box":{"x":779,"y":827,"width":80,"height":7}},{"id":"55bf5b73-1986-4657-baf5-ad9170019353","block_type":"box","text":"Unscheduled rebalancing risk. Apart from scheduled rebalances, the index provider may carry out additional ad hoc rebalances to the Benchmark Index in","page_number":2,"box":{"x":39,"y":841,"width":762,"height":8}},{"id":"6a15c3ae-f5f5-4235-97ab-209a5ec0b443","block_type":"box","text":"order for example, to correct","page_number":2,"box":{"x":805,"y":841,"width":143,"height":8}},{"id":"b117b6fa-4dd2-457a-9a3c-f5647ce371de","block_type":"box","text":"an error in the selection of index constituents.","page_number":2,"box":{"x":39,"y":851,"width":227,"height":6}},{"id":"9fa05237-14df-492b-a1c5-165260945061","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":865,"width":721,"height":8}},{"id":"90d2435b-f126-4069-944f-f52e22c25f3b","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":881,"width":772,"height":7}},{"id":"797eaeb9-474d-45ae-a1d6-f1d939a1f5ea","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":881,"width":22,"height":6}},{"id":"d4a39b5d-d563-4a64-8aa2-9ab9fd8e55a0","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":3,"box":{"x":38,"y":11,"width":675,"height":19}},{"id":"e4565182-3337-4240-ab45-8f713c01b1c2","block_type":"box","text":"CHF Hedged Distributing","page_number":3,"box":{"x":39,"y":35,"width":214,"height":13}},{"id":"e60e0d83-0990-4f4e-a430-87a45b299d53","block_type":"box","text":"- An exchange-traded fund","page_number":3,"box":{"x":260,"y":35,"width":229,"height":13}},{"id":"14cc2379-fe4a-4e0b-bacc-68fed8ed2571","block_type":"box","text":"Data as at 30 September 2026 unless otherwise stated.","page_number":3,"box":{"x":39,"y":51,"width":318,"height":8}},{"id":"db2c95f9-46e4-4cd0-908c-dfa04694e859","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":235,"width":99,"height":6}},{"id":"40516144-5bff-4192-b280-57380d04e0cf","block_type":"box","text":"United States","page_number":3,"box":{"x":163,"y":257,"width":58,"height":5}},{"id":"256efbb3-dfc0-41cc-a107-7c537d1deab2","block_type":"box","text":"60.0","page_number":3,"box":{"x":434,"y":257,"width":18,"height":5}},{"id":"e1ebdcae-8753-43a6-95d1-1c8250434791","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":257,"width":8,"height":5}},{"id":"5cf5fc7e-f63d-4827-a66c-a6121655bb35","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":163,"y":268,"width":68,"height":6}},{"id":"b0f5498f-8ffc-43bd-97e3-e8bec6214368","block_type":"box","text":"8.2","page_number":3,"box":{"x":439,"y":268,"width":13,"height":5}},{"id":"19f18b35-766b-4a62-bd06-a1e33158b92b","block_type":"box","text":"France","page_number":3,"box":{"x":163,"y":279,"width":28,"height":5}},{"id":"93f1a675-1298-41dc-8d5a-3c47115bc44c","block_type":"box","text":"6.5","page_number":3,"box":{"x":439,"y":279,"width":13,"height":5}},{"id":"0471c921-1c28-480f-ba6c-ac986ac06984","block_type":"box","text":"Germany","page_number":3,"box":{"x":162,"y":290,"width":39,"height":6}},{"id":"57170e55-a6e8-4e38-8aa9-180f4a8350e3","block_type":"box","text":"4.3","page_number":3,"box":{"x":439,"y":290,"width":13,"height":5}},{"id":"0e12e892-3382-4b1f-8797-296799baa853","block_type":"box","text":"Canada","page_number":3,"box":{"x":162,"y":301,"width":33,"height":5}},{"id":"3b10a48c-48c9-4ec6-bea5-db3d56db0ff2","block_type":"box","text":"4.1","page_number":3,"box":{"x":439,"y":301,"width":13,"height":5}},{"id":"fd074edf-e446-4877-a8eb-2cd17b1e7d58","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":343,"width":55,"height":5}},{"id":"9aeb1335-3dc6-446c-b489-a9cc5d4cbd97","block_type":"box","text":"0.3","page_number":3,"box":{"x":441,"y":343,"width":12,"height":5}},{"id":"5e0354bb-d4de-4a5f-8f43-7cf3dc03a64d","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":343,"width":8,"height":5}},{"id":"83cb74d9-9316-4ae6-a9e6-5453b660001c","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":354,"width":44,"height":5}},{"id":"1698f589-7205-4743-b3a9-9238b9068604","block_type":"box","text":"42.8","page_number":3,"box":{"x":435,"y":354,"width":18,"height":5}},{"id":"76b5c66c-458c-468d-8e0f-290149e286e6","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":365,"width":51,"height":5}},{"id":"d0e00a9e-e7a8-4e8d-a243-c44c26561ee0","block_type":"box","text":"34.3","page_number":3,"box":{"x":435,"y":365,"width":18,"height":5}},{"id":"8c548ba7-f66f-4004-82f3-a67414796fe3","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":376,"width":56,"height":5}},{"id":"c071f899-e13a-43a6-8751-f7a0bea97be9","block_type":"box","text":"7.3","page_number":3,"box":{"x":441,"y":376,"width":12,"height":5}},{"id":"4e1b627e-33ab-44bd-8295-d837df80cdc1","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":387,"width":56,"height":5}},{"id":"96763241-aea0-4a2c-be71-280033a61240","block_type":"box","text":"4.4","page_number":3,"box":{"x":441,"y":387,"width":12,"height":5}},{"id":"d877329c-af86-4ed0-aa5d-ff338faf391c","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":343,"width":56,"height":5}},{"id":"0dbab26b-5903-4509-897f-0f57f7452ceb","block_type":"box","text":"4.0","page_number":3,"box":{"x":786,"y":343,"width":13,"height":5}},{"id":"65010bae-0e6a-46dc-9166-5c4b38f525e2","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":343,"width":8,"height":5}},{"id":"2364e2b6-ad33-4886-8da9-02c41557c8ca","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":354,"width":60,"height":5}},{"id":"edcfc225-9ed2-4e6f-be73-f33fc2ef4fd0","block_type":"box","text":"7.0","page_number":3,"box":{"x":786,"y":354,"width":13,"height":5}},{"id":"ccae7c68-901d-4a6a-a4d1-de85beee430f","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":322,"width":240,"height":8}},{"id":"ce5ea4b5-3c92-49a8-b7db-6909a8b3f7b8","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":410,"width":229,"height":8}},{"id":"52a89fdd-7b48-4b92-b05f-b1d69928679c","block_type":"box","text":"AAA","page_number":3,"box":{"x":163,"y":432,"width":19,"height":5}},{"id":"b2237ade-92a3-4367-a397-355af8314489","block_type":"box","text":"0.7","page_number":3,"box":{"x":441,"y":432,"width":12,"height":5}},{"id":"b15324d1-2cf3-4e01-9103-f766e6f24055","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":432,"width":8,"height":5}},{"id":"dd543a97-381e-4bf0-90d1-343ffba6a487","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":512,"y":432,"width":43,"height":5}},{"id":"3d619e5a-e035-46ce-be0b-7904e8ffffb5","block_type":"box","text":"0.5","page_number":3,"box":{"x":786,"y":432,"width":13,"height":5}},{"id":"36737d54-69e3-4aa1-8a85-724e7f8b2f2d","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":432,"width":8,"height":5}},{"id":"73113d62-baad-464f-a7d9-cd4b5ef528df","block_type":"box","text":"AA","page_number":3,"box":{"x":163,"y":443,"width":12,"height":5}},{"id":"42ee89b0-8b72-49f4-9ca2-80c34c5ee164","block_type":"box","text":"11.2","page_number":3,"box":{"x":435,"y":443,"width":18,"height":5}},{"id":"8a29337c-1c67-40d0-8060-8ada362ef2a5","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":454,"width":6,"height":5}},{"id":"5e8125e9-d62c-457c-b39e-625c88375096","block_type":"box","text":"48.3","page_number":3,"box":{"x":435,"y":454,"width":18,"height":5}},{"id":"18c254bc-92c6-4494-b8d2-f88017a1c425","block_type":"box","text":"BBB","page_number":3,"box":{"x":164,"y":465,"width":17,"height":5}},{"id":"fc28fcea-89fc-45a4-bd1f-8248eaa2d400","block_type":"box","text":"39.2","page_number":3,"box":{"x":435,"y":465,"width":18,"height":5}},{"id":"4a889497-fee2-492e-a243-dcc0909a4ce2","block_type":"box","text":"Less than BBB","page_number":3,"box":{"x":164,"y":476,"width":61,"height":5}},{"id":"b997ea1a-7f7f-4692-b69d-6a74e9285099","block_type":"box","text":"0.0","page_number":3,"box":{"x":441,"y":476,"width":12,"height":5}},{"id":"d0a12713-8a88-412c-90df-19383fb7a44f","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":96,"width":87,"height":6}},{"id":"b60fc2cb-76da-411a-b8de-284ff2e264ac","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":97,"width":20,"height":6}},{"id":"28110972-6a8a-4b4d-a9d7-7e19c4b13f54","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":97,"width":47,"height":6}},{"id":"aea7eb7c-3206-4bcc-b34f-9651f6e25d31","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":108,"width":73,"height":5}},{"id":"bdb2e04f-0644-48b2-b50d-8575a320ea2a","block_type":"box","text":"5,182","page_number":3,"box":{"x":606,"y":108,"width":24,"height":6}},{"id":"c0f4c0da-630f-4085-8af8-19bc206752fb","block_type":"box","text":"7,354","page_number":3,"box":{"x":788,"y":108,"width":23,"height":6}},{"id":"9bb2c792-4003-4657-8364-04cff24f734c","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":119,"width":60,"height":6}},{"id":"09d4f4e5-8697-44e3-872f-2adb0e20832f","block_type":"box","text":"5.28%","page_number":3,"box":{"x":603,"y":120,"width":27,"height":5}},{"id":"19ec90c8-25b3-4a65-8111-417edcd95b9a","block_type":"box","text":"5.33%","page_number":3,"box":{"x":785,"y":120,"width":26,"height":5}},{"id":"93fb47de-b8b7-41b6-bf19-2a1c77f5f21e","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":131,"width":69,"height":7}},{"id":"3a27d941-c699-4a3d-bcff-9ceb889a087a","block_type":"box","text":"4.1%","page_number":3,"box":{"x":609,"y":131,"width":21,"height":5}},{"id":"d6d4b486-0eed-48a9-bb32-00ffb13f707c","block_type":"box","text":"4.1%","page_number":3,"box":{"x":790,"y":131,"width":21,"height":5}},{"id":"f7fd6273-b46a-4827-929b-3a9fd8c70437","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":143,"width":76,"height":6}},{"id":"15305a52-805e-4577-9f8a-48d9f5a28dd8","block_type":"box","text":"8.0 years","page_number":3,"box":{"x":592,"y":143,"width":38,"height":6}},{"id":"73d4c648-dfd7-495b-acde-29bf348d186e","block_type":"box","text":"8.0 years","page_number":3,"box":{"x":773,"y":143,"width":39,"height":6}},{"id":"134676e2-4fc5-4a10-83fc-419268c0adac","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":154,"width":67,"height":7}},{"id":"71a28b3d-19a8-44a0-8139-777e2abdd394","block_type":"box","text":"A-","page_number":3,"box":{"x":621,"y":154,"width":9,"height":5}},{"id":"074a6337-bec1-41d6-80ee-2ff428c9f6f5","block_type":"box","text":"A-","page_number":3,"box":{"x":802,"y":154,"width":10,"height":5}},{"id":"914859ce-421c-487d-bc63-138087bb4849","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":166,"width":74,"height":6}},{"id":"72f832ee-f670-4833-a991-0b3d18974d96","block_type":"box","text":"5.3 years","page_number":3,"box":{"x":592,"y":166,"width":38,"height":6}},{"id":"6d0f0567-8c95-406c-afac-6f3595357bc8","block_type":"box","text":"5.3 years","page_number":3,"box":{"x":773,"y":166,"width":39,"height":6}},{"id":"8060e835-c754-49bd-ac13-62abd8f48c29","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":177,"width":75,"height":5}},{"id":"4382d2c1-b5a8-44d6-8fcd-c084e90ee7af","block_type":"box","text":"-0.8%","page_number":3,"box":{"x":605,"y":177,"width":25,"height":5}},{"id":"3c5b5daf-4718-4708-a846-7a43d3045332","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":180,"width":7,"height":1}},{"id":"39510e43-9030-439c-9e3a-9d984457b67d","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":189,"width":58,"height":5}},{"id":"a2f8950b-b4ae-4f50-bdbd-19d95d292b3c","block_type":"box","text":"16%","page_number":3,"box":{"x":611,"y":189,"width":19,"height":5}},{"id":"71efed6f-a5d3-408a-9571-bd494f5a183e","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":192,"width":7,"height":0}},{"id":"5bc25f2f-e069-4a8e-9934-b95205fe495a","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":202,"width":644,"height":6}},{"id":"5f0cdd30-064c-48a8-ab80-99bc600dfa44","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":202,"width":105,"height":5}},{"id":"dad5d6cd-1648-47cb-a3a8-6deafff92fae","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":211,"width":613,"height":6}},{"id":"98e807dc-aec4-4abf-894f-4eb47b97979e","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":211,"width":168,"height":6}},{"id":"6c5dba84-cc36-4724-9b46-b9aa346412dd","block_type":"box","text":"yield to maturity stated. Data as at 30 September 2026.","page_number":3,"box":{"x":38,"y":220,"width":243,"height":6}},{"id":"633f8d8e-d5f4-48d2-8992-69097770dad1","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":985,"width":658,"height":8}},{"id":"280993ab-a064-4b2b-853f-f3b80505ed21","block_type":"box","text":"Japan","page_number":3,"box":{"x":511,"y":257,"width":26,"height":6}},{"id":"f845828a-88bd-4da2-855a-cbf233c4185c","block_type":"box","text":"2.9","page_number":3,"box":{"x":786,"y":257,"width":13,"height":5}},{"id":"cd827eb9-dc2f-4b14-8a58-60ec8515235e","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":257,"width":8,"height":5}},{"id":"7b2e1675-e869-4fa6-8ffb-1c306446a18f","block_type":"box","text":"Spain","page_number":3,"box":{"x":511,"y":268,"width":24,"height":6}},{"id":"9a5f2e7f-ba75-460e-a367-f5f1f9b207b5","block_type":"box","text":"2.6","page_number":3,"box":{"x":786,"y":268,"width":13,"height":5}},{"id":"b60560df-77b6-4d58-b7e3-6d61d92603ec","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":512,"y":279,"width":51,"height":5}},{"id":"a1bb5b82-127e-468e-b5bf-696f37f8f59a","block_type":"box","text":"2.3","page_number":3,"box":{"x":786,"y":279,"width":12,"height":5}},{"id":"d09a6bbe-a261-4b45-8534-fddfd6552a75","block_type":"box","text":"Australia","page_number":3,"box":{"x":511,"y":290,"width":38,"height":5}},{"id":"cebb3003-5fbe-419c-9471-412ea9301a6c","block_type":"box","text":"1.5","page_number":3,"box":{"x":787,"y":290,"width":12,"height":5}},{"id":"f542c92f-73f6-4a9a-a484-3375043ab3ba","block_type":"box","text":"Sweden","page_number":3,"box":{"x":511,"y":301,"width":34,"height":5}},{"id":"709883e6-f8ae-47f1-87c1-b061baae6118","block_type":"box","text":"1.3","page_number":3,"box":{"x":787,"y":301,"width":11,"height":5}},{"id":"21196b40-10ab-48a3-a8f7-0285879914e9","block_type":"box","text":"Glossary for ETF attributes","page_number":3,"box":{"x":39,"y":678,"width":154,"height":8}},{"id":"f1ffd5a1-85e5-43bf-9832-726c77edc1c4","block_type":"box","text":"The ETF attributes section on the first page contains a number of metrics that professional investors use to value individual securities against a mar","page_number":3,"box":{"x":38,"y":693,"width":740,"height":8}},{"id":"13e048f8-41ab-4542-8e26-0b459c3230b8","block_type":"box","text":"ket or index average. These","page_number":3,"box":{"x":779,"y":693,"width":135,"height":8}},{"id":"20ffc709-afb4-4ea5-8e44-e9490ea7a9f2","block_type":"box","text":"metrics can also be used to value and compare funds to the market by taking the average of all the securities held in the fund and comparing them to t","page_number":3,"box":{"x":39,"y":702,"width":753,"height":8}},{"id":"e08378c3-0425-4eb5-8700-9df255f7ebf1","block_type":"box","text":"hose of the fund’s benchmark","page_number":3,"box":{"x":793,"y":702,"width":148,"height":6}},{"id":"5f25e05c-7068-455d-918d-da6e64c5298d","block_type":"box","text":"index. We’ve provided a definition of the terms used for your convenience.","page_number":3,"box":{"x":39,"y":712,"width":367,"height":7}},{"id":"1efceaa7-78f2-42cb-9be4-71e54df6e6eb","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":726,"width":82,"height":7}},{"id":"3b9b5e20-dfc5-4ec5-8e79-24e60b839c6e","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":725,"width":612,"height":8}},{"id":"27778a9f-36af-4737-b597-bef9601b6f8f","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":739,"width":91,"height":8}},{"id":"407db4ac-aa77-4059-8e17-97f6b2e4c879","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":739,"width":719,"height":8}},{"id":"65098851-866e-402e-bd3e-edd2974b49c6","block_type":"box","text":"hat the issuer may","page_number":3,"box":{"x":852,"y":739,"width":92,"height":8}},{"id":"939228ed-6bae-4701-a284-21c231f27cb3","block_type":"box","text":"call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures c","page_number":3,"box":{"x":39,"y":748,"width":724,"height":8}},{"id":"2117ecdf-3e5c-4c9f-a5e4-44070affebf4","block_type":"box","text":"ontracts held. In general, the longer","page_number":3,"box":{"x":764,"y":749,"width":177,"height":7}},{"id":"32d087fe-76dd-4760-892e-b8df49d9503a","block_type":"box","text":"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":38,"y":758,"width":614,"height":8}},{"id":"1026d67c-e471-4000-8cde-d4e7b05aaff2","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":772,"width":81,"height":7}},{"id":"270df858-1ac7-4866-bad9-0311cf9b011b","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":772,"width":694,"height":7}},{"id":"770e6df1-844c-407f-b8b0-962108e7e78f","block_type":"box","text":"e agencies make their","page_number":3,"box":{"x":818,"y":772,"width":108,"height":7}},{"id":"3d0edda1-4547-40c7-8064-c6021ea48d4e","block_type":"box","text":"judgment after appraising an issuer’s ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most creditwort","page_number":3,"box":{"x":38,"y":781,"width":723,"height":8}},{"id":"c60304fd-e523-4624-9225-67defb099e82","block_type":"box","text":"hy bond issuers.","page_number":3,"box":{"x":762,"y":781,"width":77,"height":8}},{"id":"6a08a2b2-1e14-428b-9202-128a064c38a9","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":795,"width":88,"height":7}},{"id":"2cbee173-e9ac-402f-a4a6-749b30d219b0","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":795,"width":735,"height":7}},{"id":"ab2626ab-1534-4790-94b1-52b6ec64738d","block_type":"box","text":"change,","page_number":3,"box":{"x":869,"y":795,"width":37,"height":7}},{"id":"335a7987-4ce4-4d3d-89c9-66df823ae014","block_type":"box","text":"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 average d","page_number":3,"box":{"x":39,"y":804,"width":731,"height":8}},{"id":"0af6cdc6-17de-4327-a1be-0561932e41e1","block_type":"box","text":"uration of five years would decline","page_number":3,"box":{"x":772,"y":804,"width":169,"height":8}},{"id":"4e8ec99e-6669-4b12-8e2e-d0568c0e59fb","block_type":"box","text":"by about 5%. If rates decrease by a percentage point, the value would rise by 5%.","page_number":3,"box":{"x":39,"y":813,"width":404,"height":8}},{"id":"850346f9-a1ce-4f22-81ee-82e7aa82df3c","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":827,"width":72,"height":6}},{"id":"7229e8f6-4d2d-4968-89ea-b1babda85ccd","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":827,"width":566,"height":8}},{"id":"f316f6b2-7c6e-40e7-8d81-a47a815302a9","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":525,"width":186,"height":8}},{"id":"7fac4d4a-732f-4822-8f50-2d0601465d42","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":162,"y":548,"width":97,"height":7}},{"id":"533ad90b-22c4-425e-ad60-5511d9ff1aab","block_type":"box","text":"49.4","page_number":3,"box":{"x":434,"y":548,"width":18,"height":5}},{"id":"91752268-97e9-4e6e-968d-5813e2433a37","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":548,"width":8,"height":5}},{"id":"a44b0c9f-a292-4556-8bfd-ceb015465f5a","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":162,"y":560,"width":140,"height":7}},{"id":"cea2ce38-10a2-46ed-a1af-d6ec4f078bde","block_type":"box","text":"48.3","page_number":3,"box":{"x":434,"y":560,"width":18,"height":5}},{"id":"a99dd764-e6e9-4ca7-b785-fc4f85ab444b","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":162,"y":572,"width":84,"height":7}},{"id":"e0532260-d0b3-4891-bd36-7f3bd85dc2c3","block_type":"box","text":"1.7","page_number":3,"box":{"x":440,"y":572,"width":12,"height":5}},{"id":"9e9b2781-5030-4a12-bfce-7ead868c5bad","block_type":"box","text":"Other","page_number":3,"box":{"x":162,"y":584,"width":25,"height":5}},{"id":"ec614ae7-784c-4030-a95e-eb7ad787a05c","block_type":"box","text":"1.0","page_number":3,"box":{"x":440,"y":584,"width":12,"height":5}},{"id":"2d7d5c9c-b8c5-4bf5-82a3-5c9cdf3dd9d2","block_type":"box","text":"Treasury/federal","page_number":3,"box":{"x":162,"y":596,"width":72,"height":7}},{"id":"9fdd97c2-ea5c-4942-b500-6e03d2bd29a3","block_type":"box","text":"0.2","page_number":3,"box":{"x":439,"y":596,"width":13,"height":5}},{"id":"81005bd9-a3ca-4fcb-a35a-ce5460de62fb","block_type":"box","text":"Cash*","page_number":3,"box":{"x":510,"y":548,"width":25,"height":5}},{"id":"a3ba1630-de89-4716-8255-0f72072ec5fc","block_type":"box","text":"-0.8","page_number":3,"box":{"x":781,"y":548,"width":17,"height":5}},{"id":"40f4c978-8740-4f8d-88e3-c5c02836de24","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":653,"width":90,"height":7}},{"id":"b7fe802d-ef65-4e4d-ae55-1a59e4052608","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":36,"y":491,"width":739,"height":8}},{"id":"965db572-8452-4e3b-96ff-82fef7797e5c","block_type":"box","text":"& Poor’s. When ratings from all","page_number":3,"box":{"x":779,"y":491,"width":155,"height":8}},{"id":"dba58458-d2c4-4084-80f2-39226c1df039","block_type":"box","text":"three agencies are available, the median rating is used. When ratings are available from two of the agencies, the lower rating is used. When one ratin","page_number":3,"box":{"x":35,"y":502,"width":745,"height":8}},{"id":"d689111b-4b9f-4ab5-9077-7e183698e3da","block_type":"box","text":"g is available, that rating is used.","page_number":3,"box":{"x":781,"y":502,"width":163,"height":8}},{"id":"d3ef460b-c1ab-4e42-be8a-3bac2f0141a5","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":615,"width":748,"height":7}},{"id":"dcd70a65-5f6e-499d-8d36-194c2f4bc823","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":615,"width":114,"height":7}},{"id":"793673e8-ab39-43bb-a550-d85a64eaf89b","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":625,"width":781,"height":8}},{"id":"3b92addf-7511-4028-9f04-3247f2e48b57","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":625,"width":66,"height":6}},{"id":"1e43458f-6fa3-4886-ad1a-d04d5ef2f0c5","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":636,"width":734,"height":8}},{"id":"b83defed-4709-4296-a7d4-c511919d40ad","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":637,"width":33,"height":5}},{"id":"4fc10583-e457-441f-b591-0fa8fd74cf9d","block_type":"box","text":"Benchmark:","page_number":4,"box":{"x":39,"y":123,"width":65,"height":6}},{"id":"19a93ccd-ef8f-4289-ac21-58f3fc21fd6a","block_type":"box","text":"Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index in CHF","page_number":4,"box":{"x":108,"y":123,"width":490,"height":8}},{"id":"6bcaa941-eaad-4591-8e0e-62764fc710c8","block_type":"box","text":"Parent benchmark","page_number":4,"box":{"x":39,"y":136,"width":103,"height":6}},{"id":"f45a5dd9-2baa-43be-a7c8-cad60ae3d976","block_type":"box","text":"1","page_number":4,"box":{"x":145,"y":135,"width":2,"height":4}},{"id":"7e6680b4-31ed-434a-8ebe-db2b57a672d1","block_type":"box","text":":","page_number":4,"box":{"x":148,"y":138,"width":2,"height":4}},{"id":"6e2c98a2-94e8-4565-a6de-d513b7a2ce24","block_type":"box","text":"Global Aggregate Float Adjusted Corporate","page_number":4,"box":{"x":155,"y":136,"width":250,"height":8}},{"id":"4b621dd0-b265-4968-a045-3f012996dd79","block_type":"box","text":"Data presented on this page are at the fund level.","page_number":4,"box":{"x":39,"y":98,"width":276,"height":8}},{"id":"bb6c60c3-0265-4735-9d11-71bc992135c9","block_type":"box","text":"As at 30 September 2026","page_number":4,"box":{"x":39,"y":84,"width":146,"height":7}},{"id":"d331b00f-54da-4dfe-8a4f-6a1a469e4698","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":4,"box":{"x":38,"y":13,"width":675,"height":19}},{"id":"d1812094-40b0-463c-a343-96143b976bf9","block_type":"box","text":"CHF Hedged Distributing","page_number":4,"box":{"x":39,"y":37,"width":214,"height":13}},{"id":"e1504d21-befc-4abf-a9f9-fcb143789809","block_type":"box","text":"- An exchange-traded fund","page_number":4,"box":{"x":260,"y":37,"width":229,"height":13}},{"id":"5f4bcedb-ac93-4cb4-be92-a5b575b6e76c","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":39,"y":983,"width":658,"height":8}},{"id":"e8d67785-8bc1-41a3-a2a5-a64b0da27ef2","block_type":"box","text":"Climate metrics","page_number":4,"box":{"x":39,"y":167,"width":102,"height":7}},{"id":"705e75bc-bb4d-4519-bbc7-cf7698de0987","block_type":"box","text":"The metrics provided in this section are for informational purposes only and should not be considered in isolation, but rather alongside other informa","page_number":4,"box":{"x":38,"y":192,"width":845,"height":7}},{"id":"6d8c7df1-af8d-4544-81c0-61f5a9242162","block_type":"box","text":"tion about the","page_number":4,"box":{"x":884,"y":192,"width":81,"height":6}},{"id":"0a25115a-b298-48bf-90bb-c743a04aec40","block_type":"box","text":"fund. The information may be useful to assist investors to evaluate the fund’s climate risks and opportunities but is not an indication of whether","page_number":4,"box":{"x":39,"y":202,"width":820,"height":8}},{"id":"6b0fa237-8a8f-4e43-802c-dfafd89e3117","block_type":"box","text":"or how the fund","page_number":4,"box":{"x":863,"y":202,"width":90,"height":6}},{"id":"62bc0a89-f2df-4695-af68-05ae1a072abd","block_type":"box","text":"takes climate considerations into account. Unless otherwise stated in the fund’s prospectus, the metrics are not considered as part of the fund’","page_number":4,"box":{"x":39,"y":213,"width":815,"height":7}},{"id":"5e3ab458-e7ef-4038-aec4-aa8152d94f0c","block_type":"box","text":"s investment","page_number":4,"box":{"x":855,"y":213,"width":72,"height":6}},{"id":"0f983909-f6e7-482d-a7e6-06b6a977d985","block_type":"box","text":"objective, principal investment strategies, or in Vanguard's internal investment decision processes. For more information regarding the fund’s inve","page_number":4,"box":{"x":39,"y":223,"width":831,"height":8}},{"id":"fb7d193e-175b-4c7c-acdd-b886aabacc83","block_type":"box","text":"stment","page_number":4,"box":{"x":871,"y":224,"width":41,"height":5}},{"id":"2e21e505-1b66-4d57-9c71-f7b1454baef7","block_type":"box","text":"objective and strategy, please refer to the fund’s prospectus.","page_number":4,"box":{"x":39,"y":234,"width":345,"height":8}},{"id":"52056eb4-5512-48e5-86f4-51465ec867fa","block_type":"box","text":"Metric","page_number":4,"box":{"x":39,"y":276,"width":32,"height":6}},{"id":"528335b2-8590-443e-87f2-21e26734392c","block_type":"box","text":"Definition","page_number":4,"box":{"x":173,"y":276,"width":49,"height":6}},{"id":"8af53ae0-1499-4344-a623-93fb2849cd4a","block_type":"box","text":"2","page_number":4,"box":{"x":223,"y":275,"width":3,"height":4}},{"id":"4dc85e9f-49d2-4228-9957-236967047bb1","block_type":"box","text":"Purpose","page_number":4,"box":{"x":324,"y":276,"width":41,"height":7}},{"id":"f6507b84-71d7-4933-b11e-11e9f1c62f43","block_type":"box","text":"Fund","page_number":4,"box":{"x":642,"y":276,"width":24,"height":6}},{"id":"375f49f3-599a-49c9-bdd7-a5bb35ab219f","block_type":"box","text":"Fund coverage","page_number":4,"box":{"x":690,"y":276,"width":73,"height":7}},{"id":"6116c4e3-cfff-49dd-92d9-200dbeb6ae63","block_type":"box","text":"3","page_number":4,"box":{"x":763,"y":275,"width":4,"height":4}},{"id":"1a44ced1-a8ae-40a7-af63-8baa8b80dd30","block_type":"box","text":"Parent benchmark","page_number":4,"box":{"x":781,"y":276,"width":93,"height":6}},{"id":"df9a0ee8-70be-49da-a412-3aa91335fe58","block_type":"box","text":"Parent","page_number":4,"box":{"x":934,"y":255,"width":35,"height":6}},{"id":"0c0657c4-7d83-4df7-aa26-ba29d61d7b8a","block_type":"box","text":"benchmark","page_number":4,"box":{"x":913,"y":265,"width":55,"height":6}},{"id":"b592134b-660e-4af2-9c7d-79da08172446","block_type":"box","text":"coverage","page_number":4,"box":{"x":923,"y":278,"width":45,"height":5}},{"id":"bd92599b-9acb-4c2f-94e2-c9457edcd8a7","block_type":"box","text":"Fund scope 1 emissions","page_number":4,"box":{"x":39,"y":291,"width":116,"height":8}},{"id":"34a5597e-e2da-4a01-9770-90422bf79f44","block_type":"box","text":"(tCO2e)","page_number":4,"box":{"x":39,"y":302,"width":40,"height":7}},{"id":"9533cb68-855d-41d0-b47a-c5667b2aae65","block_type":"box","text":"Direct greenhouse gas","page_number":4,"box":{"x":173,"y":291,"width":110,"height":8}},{"id":"72c8d53a-29a5-41a0-8af3-62b3658df84f","block_type":"box","text":"(GHG) emissions associated","page_number":4,"box":{"x":173,"y":302,"width":139,"height":7}},{"id":"ee30473e-44b6-4106-8663-c97a47afec6f","block_type":"box","text":"with a fund's investments.","page_number":4,"box":{"x":172,"y":312,"width":133,"height":6}},{"id":"5ba4781a-a407-456d-9bae-88d4cd7a155e","block_type":"box","text":"To understand the GHG emissions that occur from","page_number":4,"box":{"x":324,"y":291,"width":251,"height":6}},{"id":"3cd386dd-ef96-4649-9ad9-6a13435ad025","block_type":"box","text":"sources owned or controlled by the fund’s","page_number":4,"box":{"x":324,"y":302,"width":207,"height":7}},{"id":"80288222-a771-4a4c-bce0-31fc474f44d9","block_type":"box","text":"portfolio companies (e.g., emissions from","page_number":4,"box":{"x":324,"y":312,"width":205,"height":7}},{"id":"c241f671-7b20-4cba-9212-aecaa4f7741c","block_type":"box","text":"combustion in owned or controlled boilers,","page_number":4,"box":{"x":324,"y":322,"width":209,"height":7}},{"id":"af0370cc-1581-4c0a-9d6d-15066a288119","block_type":"box","text":"furnaces, vehicles etc.).","page_number":4,"box":{"x":324,"y":332,"width":115,"height":8}},{"id":"ebe4cd4c-b771-4106-8b02-e5d69d54de5a","block_type":"box","text":"13,320","page_number":4,"box":{"x":629,"y":291,"width":34,"height":7}},{"id":"3d1d71f0-fb5f-4a73-9fef-633672a83a50","block_type":"box","text":"96","page_number":4,"box":{"x":741,"y":291,"width":12,"height":6}},{"id":"cd272003-cfeb-4223-815d-df8813e89224","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":291,"width":9,"height":6}},{"id":"92d4a3a0-95d5-41f7-ac87-4606b0c8709c","block_type":"box","text":"—","page_number":4,"box":{"x":862,"y":295,"width":8,"height":0}},{"id":"9eceea27-9b31-4db0-9153-9de0428fc13b","block_type":"box","text":"—","page_number":4,"box":{"x":957,"y":295,"width":8,"height":0}},{"id":"f1bc0b96-5701-4d7d-a981-273adf21d209","block_type":"box","text":"Fund scope 2 emissions","page_number":4,"box":{"x":39,"y":348,"width":116,"height":7}},{"id":"c6eb3414-b562-4545-a281-b86dc57fdd55","block_type":"box","text":"(tCO2e)","page_number":4,"box":{"x":39,"y":358,"width":40,"height":7}},{"id":"dc712388-ef57-44b8-9688-58f4fbb561a3","block_type":"box","text":"Indirect GHG emissions","page_number":4,"box":{"x":173,"y":348,"width":115,"height":6}},{"id":"ace3f85e-5aa4-4e27-a1d8-ddfd5dbcd678","block_type":"box","text":"associated with the fund's","page_number":4,"box":{"x":172,"y":358,"width":133,"height":6}},{"id":"d0716020-523f-4881-b3ca-3004d7f18117","block_type":"box","text":"investments.","page_number":4,"box":{"x":173,"y":369,"width":63,"height":5}},{"id":"778c51c0-e186-4d20-8ed1-e31f29e74ff8","block_type":"box","text":"To understand the GHG emissions from the","page_number":4,"box":{"x":324,"y":348,"width":217,"height":6}},{"id":"c9161a05-ba4c-4272-ac63-e09107d81f7d","block_type":"box","text":"generation of purchased or acquired electricity,","page_number":4,"box":{"x":324,"y":358,"width":235,"height":8}},{"id":"5bbebc4b-e4f6-4784-af01-bd4169c99fef","block_type":"box","text":"steam, heating or cooling consumed by the fund’s","page_number":4,"box":{"x":324,"y":368,"width":247,"height":8}},{"id":"3abc9bae-73ed-41df-b1d5-e0c44bf15c17","block_type":"box","text":"portfolio companies (e.g., emissions that","page_number":4,"box":{"x":324,"y":378,"width":203,"height":8}},{"id":"798f3c50-274a-418e-9d6b-b31ba6014beb","block_type":"box","text":"physically occur at the facility where the","page_number":4,"box":{"x":324,"y":389,"width":200,"height":7}},{"id":"965b7c29-52c7-4020-a5b7-db3454905d89","block_type":"box","text":"electricity, steam, heating or cooling is","page_number":4,"box":{"x":324,"y":399,"width":191,"height":8}},{"id":"ee7d6f00-4fdf-4565-8e29-fa5957b855a6","block_type":"box","text":"generated).","page_number":4,"box":{"x":324,"y":409,"width":58,"height":8}},{"id":"16a3e4ea-7134-42f0-87e6-912344a99160","block_type":"box","text":"6,144","page_number":4,"box":{"x":635,"y":348,"width":28,"height":7}},{"id":"10fd641d-a56d-4a42-bd7d-a56ab642d791","block_type":"box","text":"96","page_number":4,"box":{"x":741,"y":348,"width":12,"height":6}},{"id":"45e0eefc-291d-40be-88ed-631f46831b1e","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":348,"width":9,"height":6}},{"id":"510a017b-76ed-43bb-a5ee-88923544a30b","block_type":"box","text":"—","page_number":4,"box":{"x":862,"y":351,"width":8,"height":1}},{"id":"607650db-bfc4-4e75-9393-05ffc69e6abc","block_type":"box","text":"—","page_number":4,"box":{"x":957,"y":351,"width":8,"height":1}},{"id":"682d4b8a-6198-46e1-b654-d403d595de33","block_type":"box","text":"Total carbon footprint","page_number":4,"box":{"x":38,"y":425,"width":112,"height":7}},{"id":"1f7b0c5f-7f5f-4a49-b069-2b8705974360","block_type":"box","text":"(tCO2e/$M invested)","page_number":4,"box":{"x":39,"y":434,"width":107,"height":8}},{"id":"c12f50d6-a2dc-48d8-a17d-2aada14a8106","block_type":"box","text":"Total carbon emissions for a","page_number":4,"box":{"x":172,"y":425,"width":141,"height":6}},{"id":"7aa97ce8-8292-4aef-8243-2458b681f93b","block_type":"box","text":"portfolio normalized by the","page_number":4,"box":{"x":173,"y":435,"width":134,"height":8}},{"id":"07cb697f-b24e-4e02-bc29-2524e31bed1e","block_type":"box","text":"market value of the","page_number":4,"box":{"x":173,"y":445,"width":97,"height":6}},{"id":"94c1b207-11cc-4054-a019-28caa82bb371","block_type":"box","text":"portfolio.","page_number":4,"box":{"x":173,"y":455,"width":45,"height":8}},{"id":"9b84723c-769a-464b-8b65-38afc74d2c17","block_type":"box","text":"To understand how much carbon emissions the","page_number":4,"box":{"x":324,"y":425,"width":234,"height":6}},{"id":"d38f064f-3483-4447-ae52-7243ea4ca267","block_type":"box","text":"portfolio is responsible for per USD 1 million","page_number":4,"box":{"x":324,"y":435,"width":218,"height":8}},{"id":"4be8fb34-5e6e-490e-949f-0b26f9ef9232","block_type":"box","text":"invested. This metric allows investors to compare","page_number":4,"box":{"x":324,"y":445,"width":245,"height":8}},{"id":"c1c98a13-c554-4ff0-89f3-0d2ccd1362f5","block_type":"box","text":"portfolios of various sizes.","page_number":4,"box":{"x":324,"y":455,"width":129,"height":8}},{"id":"72cde1a6-49f9-4563-87eb-d9dd1f19e50a","block_type":"box","text":"12.82","page_number":4,"box":{"x":635,"y":425,"width":27,"height":6}},{"id":"f19abac3-a2da-49df-b435-bd6465ef2b26","block_type":"box","text":"99","page_number":4,"box":{"x":741,"y":425,"width":12,"height":6}},{"id":"3fc152d8-56e3-47a5-b982-8438bafc8363","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":425,"width":9,"height":6}},{"id":"5aef8294-bb94-4130-b0e6-50d7eed61ed6","block_type":"box","text":"60.48","page_number":4,"box":{"x":842,"y":425,"width":28,"height":6}},{"id":"ce73e766-2837-43f2-931c-41ec11165f25","block_type":"box","text":"95","page_number":4,"box":{"x":943,"y":425,"width":11,"height":6}},{"id":"f17964cc-3689-44fc-91d9-c2fa3ad6d753","block_type":"box","text":"%","page_number":4,"box":{"x":956,"y":425,"width":9,"height":6}},{"id":"35a5914a-714f-47dc-849c-229a1dd8b14e","block_type":"box","text":"Weighted average","page_number":4,"box":{"x":38,"y":471,"width":92,"height":8}},{"id":"1bb9ba4e-9567-4315-bca4-c52b2e9f64c7","block_type":"box","text":"carbon intensity","page_number":4,"box":{"x":39,"y":481,"width":80,"height":8}},{"id":"5a6100c3-7724-4463-8fd6-6078c88f59de","block_type":"box","text":"(tCO2e/$M revenue).","page_number":4,"box":{"x":39,"y":491,"width":107,"height":8}},{"id":"c42c4649-7db6-4323-b1d4-7ab983748b64","block_type":"box","text":"Portfolio’s exposure to","page_number":4,"box":{"x":173,"y":471,"width":112,"height":7}},{"id":"a31d5fba-869f-42f5-846c-7d1ec1f9f63a","block_type":"box","text":"carbon-intensive","page_number":4,"box":{"x":172,"y":481,"width":83,"height":6}},{"id":"cc7586ea-4690-420e-9bbb-9e72a172e801","block_type":"box","text":"companies.","page_number":4,"box":{"x":172,"y":492,"width":56,"height":7}},{"id":"5390b5a8-06c4-4c88-b12c-539c150fa167","block_type":"box","text":"Reflects the carbon intensity of a portfolio across","page_number":4,"box":{"x":325,"y":471,"width":246,"height":7}},{"id":"d370bfd6-4f80-4edc-963e-a2df45a43b1f","block_type":"box","text":"asset classes (e.g., carbon-intensive portfolios","page_number":4,"box":{"x":324,"y":481,"width":229,"height":8}},{"id":"4464126d-8345-4870-bbc9-2dd681510f9d","block_type":"box","text":"may be more susceptible to climate-related risks,","page_number":4,"box":{"x":324,"y":491,"width":245,"height":8}},{"id":"c590ae4f-173b-4790-8dc5-e77fe02573a5","block_type":"box","text":"like increased regulations leading to higher costs","page_number":4,"box":{"x":324,"y":502,"width":241,"height":7}},{"id":"62842723-4149-433a-9abf-c08a4b216353","block_type":"box","text":"either via taxation or operational changes).","page_number":4,"box":{"x":324,"y":512,"width":215,"height":8}},{"id":"1f490d4e-773d-4274-b49d-703bda5cdc8d","block_type":"box","text":"33.62","page_number":4,"box":{"x":635,"y":471,"width":27,"height":6}},{"id":"57d1c731-0520-4af1-a48f-6a89ccdd6aa6","block_type":"box","text":"99","page_number":4,"box":{"x":741,"y":471,"width":12,"height":6}},{"id":"03094344-d02b-4948-9530-133623e418f9","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":471,"width":9,"height":6}},{"id":"b683a305-c760-4289-b18a-5ea136925f96","block_type":"box","text":"199.70","page_number":4,"box":{"x":836,"y":471,"width":34,"height":6}},{"id":"73690370-052d-4590-98bf-ab1bd82411f6","block_type":"box","text":"96","page_number":4,"box":{"x":943,"y":471,"width":12,"height":6}},{"id":"432cca84-5d47-435a-9aff-e0b2e626f97a","block_type":"box","text":"%","page_number":4,"box":{"x":956,"y":471,"width":9,"height":6}},{"id":"f0324f5e-4c46-4b12-98c1-fa8ba782b266","block_type":"box","text":"Source: Calculated using Vanguard holdings and MSCI Climate Change data as of 30 September 2026. MSCI is an independent data provider","page_number":4,"box":{"x":41,"y":527,"width":706,"height":8}},{"id":"f5d612f6-b254-4a41-81ef-e0c89691ca68","block_type":"box","text":"4","page_number":4,"box":{"x":749,"y":527,"width":4,"height":3}},{"id":"8dfef8ed-2a7a-4ab6-9157-4eff46f54c4d","block_type":"box","text":".","page_number":4,"box":{"x":754,"y":532,"width":1,"height":1}},{"id":"64f40514-85bb-4dd2-9af3-88a6140049f3","block_type":"box","text":"Benchmark exclusions data is currently not available for this fund.","page_number":4,"box":{"x":39,"y":555,"width":422,"height":9}},{"id":"24f69587-f681-49d4-b462-d1c9c645f03e","block_type":"box","text":"Vanguard","page_number":5,"box":{"x":37,"y":32,"width":140,"height":20}},{"id":"4d69134a-09b9-49fb-8941-e442fd7be994","block_type":"box","text":"ESG Global Corporate Bond UCITS ETF","page_number":5,"box":{"x":188,"y":32,"width":563,"height":19}},{"id":"84a68add-84c7-4202-adaf-8c51a7c7fa00","block_type":"box","text":"CHF Hedged Distributing","page_number":5,"box":{"x":37,"y":57,"width":214,"height":13}},{"id":"f10ec630-9061-4193-8741-9c87aadfb585","block_type":"box","text":"- An exchange-traded fund","page_number":5,"box":{"x":259,"y":57,"width":228,"height":13}},{"id":"6073b6ab-1994-4a0f-946c-75b85bc6d249","block_type":"box","text":"As at 30 September 2026","page_number":5,"box":{"x":39,"y":104,"width":146,"height":8}},{"id":"e1a625a5-1fd5-4183-8168-36cd62fbfedd","block_type":"box","text":"ESG funds are subject to ESG investment risk, which is the chance that the stocks or bonds screened by the index provider for ESG criteria generally w","page_number":5,"box":{"x":39,"y":531,"width":857,"height":8}},{"id":"a9e4b33c-b34d-436e-813c-102c998a7e60","block_type":"box","text":"ill","page_number":5,"box":{"x":897,"y":531,"width":7,"height":6}},{"id":"30205c56-1dd5-49bb-bbf2-ca159ab6528e","block_type":"box","text":"underperform the market as a whole or, in the aggregate, will trail returns of other funds screened for ESG criteria. The index provider’s assessme","page_number":5,"box":{"x":39,"y":542,"width":831,"height":7}},{"id":"393ab20a-4fe2-4019-b76a-f86797bbe7de","block_type":"box","text":"nt of a","page_number":5,"box":{"x":871,"y":542,"width":37,"height":6}},{"id":"00d7e723-c09d-4509-ac53-7388ff521dcc","block_type":"box","text":"company, based on the company’s level of involvement in a particular industry or the index provider’s own ESG criteria, may differ from that of","page_number":5,"box":{"x":39,"y":552,"width":814,"height":8}},{"id":"f31bf6d5-e412-4a52-a064-b3cc49aadb95","block_type":"box","text":"other funds","page_number":5,"box":{"x":857,"y":552,"width":65,"height":6}},{"id":"e670218f-330b-45f2-bf7a-707a7f0e0972","block_type":"box","text":"or of the advisor’s or an investor’s assessment of such company. As a result, the companies deemed eligible by the index provider may not reflec","page_number":5,"box":{"x":39,"y":563,"width":818,"height":7}},{"id":"9bcb3057-8881-4044-b4c6-385e09ff4b67","block_type":"box","text":"t the beliefs","page_number":5,"box":{"x":858,"y":563,"width":67,"height":6}},{"id":"f96679cc-d150-4dda-8843-5781017c53cb","block_type":"box","text":"and values of any particular investor and may not exhibit positive or favorable ESG characteristics. The evaluation of companies for ESG screening or","page_number":5,"box":{"x":39,"y":573,"width":851,"height":8}},{"id":"ec276563-04c1-4c86-b2a6-10ecd5c0cb00","block_type":"box","text":"integration is dependent on the timely and accurate reporting of ESG data by the companies. Successful application of the screens will depend on the i","page_number":5,"box":{"x":39,"y":584,"width":859,"height":7}},{"id":"cc70c4bc-8fb1-40ab-af92-b87ae29ed9c5","block_type":"box","text":"ndex","page_number":5,"box":{"x":900,"y":584,"width":25,"height":6}},{"id":"80ffe3ad-aa52-472e-b1bf-9e6d3e19dff3","block_type":"box","text":"provider’s proper identification and analysis of ESG data.","page_number":5,"box":{"x":39,"y":594,"width":326,"height":8}},{"id":"0e42a287-c5f6-460e-b01c-cd02e1ed4804","block_type":"box","text":"Vanguard does not provide any guarantee with respect to the quality, accuracy, or completeness of the information provided by Morningstar, MSCI, or FT","page_number":5,"box":{"x":38,"y":615,"width":876,"height":8}},{"id":"5432875a-bfd1-422f-b0a5-e6d54bba29d6","block_type":"box","text":"SE.","page_number":5,"box":{"x":915,"y":616,"width":18,"height":5}},{"id":"c7bdceb4-f096-4797-a8f4-5dfee9229619","block_type":"box","text":"1","page_number":5,"box":{"x":39,"y":637,"width":3,"height":5}},{"id":"c2950323-e73a-415c-b4c8-3cfa6d2fa2dd","block_type":"box","text":"Parent Benchmark","page_number":5,"box":{"x":47,"y":637,"width":94,"height":6}},{"id":"a38e91e8-4123-43a7-853b-008a5f08efa7","block_type":"box","text":"refers to the broad market index from which the fund's benchmark is derived, prior to the screening of any environmental, social, and governance crit","page_number":5,"box":{"x":144,"y":636,"width":744,"height":8}},{"id":"f64342c6-9c7f-4e80-9476-4e7b4aeced60","block_type":"box","text":"eria.","page_number":5,"box":{"x":889,"y":637,"width":20,"height":6}},{"id":"c58756dd-6385-4cb7-8fd8-fe73bb42e0c9","block_type":"box","text":"2 Metrics are aligned to the","page_number":5,"box":{"x":39,"y":656,"width":155,"height":7}},{"id":"fbecdfa1-fc05-43e9-bd1b-471d9f376162","block_type":"box","text":"TCFD’s 2021 implementation guidance","page_number":5,"box":{"x":197,"y":656,"width":219,"height":7}},{"id":"bbbed9da-049b-4f44-a461-48882ffcba3b","block_type":"box","text":"and the methodology of the","page_number":5,"box":{"x":420,"y":656,"width":158,"height":7}},{"id":"aee680a0-6962-46ce-8c7d-2258c221c711","block_type":"box","text":"Partnership for Carbon Accounting Financials (PCAF)","page_number":5,"box":{"x":582,"y":656,"width":304,"height":7}},{"id":"5c220466-93df-4fb5-9780-a6c7236059c3","block_type":"box","text":".","page_number":5,"box":{"x":886,"y":661,"width":2,"height":1}},{"id":"49fe5566-571a-4705-a0f4-03f29506e474","block_type":"box","text":"Fund scope 1","page_number":5,"box":{"x":39,"y":666,"width":69,"height":8}},{"id":"817e0727-d9b7-493b-922e-924e4d01300b","block_type":"box","text":"emissions","page_number":5,"box":{"x":112,"y":666,"width":54,"height":6}},{"id":"c6ec4b44-9d25-4f00-a080-e919afea2252","block_type":"box","text":"are calculated by summing the product of the fund’s percentage ownership of each investee company’s enterprise value including","page_number":5,"box":{"x":169,"y":666,"width":736,"height":8}},{"id":"be79b0ea-76f6-4789-b57b-06d10baf02ac","block_type":"box","text":"cash (EVIC) by the investee company's Scope 1 emissions, expressed in metric tons of carbon dioxide equivalent (tCO2e).","page_number":5,"box":{"x":39,"y":677,"width":687,"height":7}},{"id":"3fad2a6b-b48c-42ad-96ef-cfba2b396a7f","block_type":"box","text":"Fund scope 2","page_number":5,"box":{"x":731,"y":677,"width":72,"height":7}},{"id":"004a80a7-5e75-4069-85d5-3f6b953a7352","block_type":"box","text":"emissions","page_number":5,"box":{"x":806,"y":677,"width":54,"height":6}},{"id":"930cdee8-4be4-4cae-abb2-c06c66bc6a7a","block_type":"box","text":"are","page_number":5,"box":{"x":863,"y":679,"width":18,"height":4}},{"id":"f5ca5232-a639-4b7d-b996-247467b4d6f9","block_type":"box","text":"calculated by summing the product of the fund’s percentage ownership of each investee company’s EVIC by the investee company's Scope 2 emissions","page_number":5,"box":{"x":39,"y":687,"width":858,"height":8}},{"id":"51f2b35c-6277-4570-9e67-3d384337c062","block_type":"box","text":",","page_number":5,"box":{"x":899,"y":692,"width":1,"height":2}},{"id":"27e8434d-d557-430d-948c-728c54a8bc29","block_type":"box","text":"expressed in tCO2e.","page_number":5,"box":{"x":39,"y":698,"width":112,"height":7}},{"id":"71396087-b2aa-4fd6-9b28-0e2fbe6d9214","block_type":"box","text":"Total carbon footprint","page_number":5,"box":{"x":158,"y":698,"width":126,"height":7}},{"id":"ce4ec0b6-4055-4c5b-96ac-f36684da840c","block_type":"box","text":"is calculated by summing the product of each investee company's weight by the investee company's Scopes 1 & 2","page_number":5,"box":{"x":287,"y":698,"width":643,"height":7}},{"id":"9bec021a-39c3-4fde-9f02-3c5b543fada8","block_type":"box","text":"emissions, and dividing the summation by the total market value of the portfolio, expressed in tCO2e per $1 million invested.","page_number":5,"box":{"x":39,"y":708,"width":706,"height":8}},{"id":"788ef88b-2c89-4312-a2a4-1237edfc51ff","block_type":"box","text":"Weighted average carbon","page_number":5,"box":{"x":749,"y":708,"width":145,"height":8}},{"id":"64c5e8bc-f378-4ac3-a176-af0cfa61a304","block_type":"box","text":"intensity (WACI)","page_number":5,"box":{"x":39,"y":719,"width":96,"height":8}},{"id":"14b9715b-a2bd-4c85-86af-593ecab2cc6f","block_type":"box","text":"is calculated by summing the product of each investee company's weight in the portfolio with that investee company's carbon intensity","page_number":5,"box":{"x":138,"y":719,"width":772,"height":8}},{"id":"fdf4500d-480b-4e40-918e-993cd07e9dda","block_type":"box","text":"(derived by dividing the investee company's Scopes 1 & 2 emissions by its revenue), expressed in tCO2e per $1 million in revenue.","page_number":5,"box":{"x":39,"y":729,"width":724,"height":8}},{"id":"312c2874-37a6-4ed9-9040-fed404b84f47","block_type":"box","text":"3 Coverage is defined as the percentage of eligible securities within our funds and benchmarks for which we have obtained carbon data. The development","page_number":5,"box":{"x":39,"y":746,"width":875,"height":8}},{"id":"cf330bec-37a0-46bc-bef7-7afc68b4e589","block_type":"box","text":"of","page_number":5,"box":{"x":918,"y":746,"width":12,"height":6}},{"id":"1be3464a-12bd-4718-8aa5-509414aba960","block_type":"box","text":"carbon metrics is in early stages resulting in challenges in interpreting the data and using it as a basis for investment decision making. For example","page_number":5,"box":{"x":39,"y":757,"width":835,"height":8}},{"id":"64f31985-b531-4a7d-91e7-9c5bb70f4d01","block_type":"box","text":", the","page_number":5,"box":{"x":875,"y":757,"width":24,"height":7}},{"id":"4dd7dec8-ea5d-414c-8cd6-de0ebcfb4270","block_type":"box","text":"metrics are backward looking and do not recognise future plans to reduce emissions. Carbon metrics may also vary due to being normalized by financial","page_number":5,"box":{"x":39,"y":767,"width":863,"height":8}},{"id":"4ec0ba09-722d-41fe-ba90-342aa993a3fc","block_type":"box","text":"metrics that are prone to market volatility, rather than due to changes to the emissions profile of companies.","page_number":5,"box":{"x":39,"y":778,"width":621,"height":8}},{"id":"782b3207-4a5b-444e-a7c7-1f5a2d572d3f","block_type":"box","text":"4 Certain information © 2026 MSCI ESG Research LLC. Reproduced by permission. These metrics were developed using information from MSCI ESG","page_number":5,"box":{"x":39,"y":799,"width":846,"height":8}},{"id":"2f8eea55-cdcb-4829-ad40-b03e6ed93888","block_type":"box","text":"Research LLC or its affiliates or information providers. Although the Vanguard Group, Inc.’s and Vanguard’s information providers including with","page_number":5,"box":{"x":39,"y":810,"width":822,"height":7}},{"id":"8f35e21a-a361-49d0-96c7-15ea94a45f91","block_type":"box","text":"out","page_number":5,"box":{"x":863,"y":810,"width":18,"height":6}},{"id":"79c01cc5-d075-48de-a1f4-a0ccdd30f4f8","block_type":"box","text":"limitation, MSCI ESG Research LLC and its affiliates (each of the aforementioned parties being the “ESG Parties”), obtain information (the “","page_number":5,"box":{"x":39,"y":820,"width":802,"height":8}},{"id":"4bc02714-d757-4852-a473-72fa969af94f","block_type":"box","text":"Information”)","page_number":5,"box":{"x":843,"y":820,"width":77,"height":7}},{"id":"4a7697e4-e522-4b7d-99b6-784e9fcded5d","block_type":"box","text":"from sources they consider reliable, none of the ESG Parties warrants or guarantees the originality, accuracy and/or completeness, of any data herein","page_number":5,"box":{"x":39,"y":830,"width":854,"height":8}},{"id":"5685af0e-6e3e-4510-8610-cd256adc917e","block_type":"box","text":"and","page_number":5,"box":{"x":898,"y":831,"width":20,"height":6}},{"id":"cea6ed60-67a9-4ff0-bd8d-25e5a5b3a714","block_type":"box","text":"expressly disclaim all express or implied warranties, including those of merchantability and fitness for a particular purpose. The Information may onl","page_number":5,"box":{"x":39,"y":841,"width":841,"height":8}},{"id":"6239ba67-dc20-4c54-8300-cfd326751eae","block_type":"box","text":"y be used","page_number":5,"box":{"x":881,"y":841,"width":52,"height":8}},{"id":"b2f0befd-249d-4465-9970-d9aa7ebfa33b","block_type":"box","text":"for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for, or a component of, any financial instru","page_number":5,"box":{"x":39,"y":852,"width":855,"height":7}},{"id":"75f40cb7-e4d3-442e-9c6d-41dd33565835","block_type":"box","text":"ments","page_number":5,"box":{"x":896,"y":853,"width":34,"height":5}},{"id":"1be0847d-bb13-48e0-9975-bfff4a3d8a9b","block_type":"box","text":"or products or indices. Further, none of the Information can in and of itself be used to determine which securities to buy or sell or when to buy or s","page_number":5,"box":{"x":39,"y":862,"width":828,"height":8}},{"id":"b6d4d407-df16-4d98-a0e9-27782c73a328","block_type":"box","text":"ell them.","page_number":5,"box":{"x":869,"y":862,"width":47,"height":6}},{"id":"b99213c3-0874-4ce4-9ab2-9687cf9d5590","block_type":"box","text":"None of the ESG Parties shall have any liability for any errors or omissions in connection with any data herein, or any liability for any direct, indi","page_number":5,"box":{"x":39,"y":873,"width":813,"height":8}},{"id":"a11cfead-2c4a-4248-8051-c5948c42f356","block_type":"box","text":"rect, special,","page_number":5,"box":{"x":854,"y":873,"width":69,"height":8}},{"id":"ccc67b45-0ad9-46b6-8a2b-b6263204b50a","block_type":"box","text":"punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.","page_number":5,"box":{"x":39,"y":883,"width":676,"height":8}},{"id":"97d8645d-83a7-4064-9cba-13a63a43c1ba","block_type":"box","text":"5 Refer to the fund’s prospectus for more information on the applicable ESG screening methodology.","page_number":5,"box":{"x":39,"y":905,"width":574,"height":7}},{"id":"310a9ae4-968d-40d1-8a16-35dc9dcba1b5","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":5,"box":{"x":38,"y":965,"width":658,"height":8}},{"id":"728073d3-16cf-411a-b7c0-0a00e173bc6f","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":6,"box":{"x":38,"y":34,"width":715,"height":19}},{"id":"327d5d20-1af7-4830-9646-f137f2792b18","block_type":"box","text":"CHF Hedged Distributing - An exchange-traded fund","page_number":6,"box":{"x":39,"y":60,"width":450,"height":13}},{"id":"562da7be-f77b-491f-b966-69a69883a6cb","block_type":"box","text":"9475EN_092026","page_number":6,"box":{"x":895,"y":972,"width":71,"height":6}},{"id":"6cfc7cb5-9eea-4a11-8d76-d4411e6990e4","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":6,"box":{"x":39,"y":970,"width":627,"height":6}},{"id":"d06ec5c3-5e57-402d-b2bd-d33108d4c72e","block_type":"box","text":"© 2026 Vanguard Asset Management, Limited. All rights reserved.","page_number":6,"box":{"x":39,"y":978,"width":323,"height":7}},{"id":"45fbbecf-7530-4a17-acfc-19330a5760cb","block_type":"box","text":"For more information contact your local sales team or:","page_number":6,"box":{"x":39,"y":325,"width":305,"height":8}},{"id":"55ff6438-71b1-48e8-9f55-05f60c13ee0a","block_type":"box","text":"Web: http://global.vanguard.com","page_number":6,"box":{"x":38,"y":341,"width":169,"height":8}},{"id":"fc947abe-8f00-423e-a963-029756f106dc","block_type":"box","text":"Client Services (Europe): Tel. +44 (0)203 753 4305","page_number":6,"box":{"x":39,"y":352,"width":250,"height":8}},{"id":"6eb930ae-db98-45f7-a7c5-48a3bc8f050a","block_type":"box","text":"Email:","page_number":6,"box":{"x":39,"y":363,"width":30,"height":6}},{"id":"dc28c934-f7e1-43ac-9820-ea64aa4033ca","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":6,"box":{"x":73,"y":363,"width":209,"height":7}},{"id":"fc1c76ce-4112-42ce-a183-b9eb2dcf1b43","block_type":"box","text":"Non advised personal investor: Personal_investor_enquiries@vanguard.co.uk","page_number":6,"box":{"x":39,"y":373,"width":432,"height":8}},{"id":"d5267bf2-0e51-4350-97e0-861190d237db","block_type":"box","text":"Important information","page_number":6,"box":{"x":39,"y":385,"width":114,"height":8}},{"id":"2b155653-a1eb-405a-988c-3545197f8450","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":6,"box":{"x":38,"y":402,"width":595,"height":8}},{"id":"457bb061-5588-4afe-87b9-cce4a00cc634","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":6,"box":{"x":39,"y":416,"width":744,"height":7}},{"id":"5eeeb578-9670-4b3d-9d44-8b10006e5267","block_type":"box","text":"al investment decisions. The KIID","page_number":6,"box":{"x":785,"y":416,"width":162,"height":6}},{"id":"8b9f6429-0464-4baf-8d8c-8f7765498441","block_type":"box","text":"for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/.","page_number":6,"box":{"x":38,"y":425,"width":525,"height":8}},{"id":"cb1406c2-0091-4501-818a-b1de5c6d360e","block_type":"box","text":"This document is designed for use by and is directed only at persons resident in the UK.","page_number":6,"box":{"x":38,"y":439,"width":432,"height":7}},{"id":"d22f3614-30df-453e-b233-2ce505d6eb8b","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":6,"box":{"x":38,"y":452,"width":709,"height":8}},{"id":"05eb4a18-edeb-4e6b-8259-e6410d6619a4","block_type":"box","text":"risdiction where such an offer or","page_number":6,"box":{"x":748,"y":452,"width":161,"height":7}},{"id":"328779da-39aa-4f47-a30f-effa8918306a","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":6,"box":{"x":39,"y":462,"width":716,"height":8}},{"id":"65075500-6c5a-4c68-982b-9052570f3e68","block_type":"box","text":"itation is not qualified to do so. The","page_number":6,"box":{"x":756,"y":462,"width":175,"height":7}},{"id":"a903d204-dd01-459b-be6c-b554a27c7814","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":6,"box":{"x":39,"y":471,"width":733,"height":8}},{"id":"96d613cb-7221-436e-8915-8d3c6dfe6e3b","block_type":"box","text":"heir professional advisers on the","page_number":6,"box":{"x":773,"y":471,"width":160,"height":8}},{"id":"8c00a57b-f2e7-4737-87b8-102bb71c7654","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":6,"box":{"x":39,"y":480,"width":661,"height":8}},{"id":"28ef758d-cdf6-409f-9fd9-adaf67f7e0ae","block_type":"box","text":"Vanguard Funds plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in certain EEA","page_number":6,"box":{"x":38,"y":494,"width":720,"height":8}},{"id":"1d9970a3-4754-403b-bc18-2599d09db8d7","block_type":"box","text":"countries and the UK. Prospective","page_number":6,"box":{"x":761,"y":494,"width":168,"height":8}},{"id":"29a66f62-8898-4a5a-8e2a-c2eaa626c6f5","block_type":"box","text":"investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own professional advise","page_number":6,"box":{"x":39,"y":504,"width":741,"height":7}},{"id":"55ad9a7e-82cf-4e44-a945-491807ad4500","block_type":"box","text":"rs on the implications of making an","page_number":6,"box":{"x":781,"y":504,"width":173,"height":7}},{"id":"587db417-3c08-4519-b591-820c7566ec4e","block_type":"box","text":"investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares under the law of the countrie","page_number":6,"box":{"x":39,"y":513,"width":740,"height":8}},{"id":"db11d926-9fac-4c40-82d7-9c52889b4647","block_type":"box","text":"s in which they are liable to","page_number":6,"box":{"x":780,"y":513,"width":134,"height":8}},{"id":"da5d92ab-a729-463d-b28a-919240a3dc01","block_type":"box","text":"taxation.","page_number":6,"box":{"x":38,"y":523,"width":45,"height":6}},{"id":"aedf998f-d160-43b7-b1ec-625860108447","block_type":"box","text":"The Manager of Vanguard Funds plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguard Funds plc.","page_number":6,"box":{"x":38,"y":536,"width":757,"height":8}},{"id":"df13e380-db61-4fc3-93e6-ff4929fbf8ed","block_type":"box","text":"The indicative Net Asset Value (''iNAV'') for Vanguard's ETFs is published on Bloomberg or Reuters. Refer to the Portfolio Holdings Policy at","page_number":6,"box":{"x":38,"y":550,"width":700,"height":8}},{"id":"97e6b0e6-1fb6-4bc5-900f-871d98c95856","block_type":"box","text":"https://fund-docs.vanguard.com/portfolio-holdings-disclosure-policy.pdf","page_number":6,"box":{"x":39,"y":559,"width":366,"height":8}},{"id":"ed6ef1ef-3480-4b41-ba96-0104dcf6b323","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":6,"box":{"x":38,"y":573,"width":774,"height":8}},{"id":"8de1fe03-18b0-4866-baba-9161d3615a9f","block_type":"box","text":"ccordance with the UCITS","page_number":6,"box":{"x":813,"y":573,"width":129,"height":6}},{"id":"fd25e10d-464f-4694-b1dc-447abf6871a2","block_type":"box","text":"Directive, as may be amended from time to time.","page_number":6,"box":{"x":39,"y":582,"width":244,"height":8}},{"id":"3cbf465f-e3ba-4c5c-985c-f9b6b39e10ff","block_type":"box","text":"For investors in Ireland-domiciled funds, a summary of investor rights can be obtained via","page_number":6,"box":{"x":39,"y":596,"width":445,"height":8}},{"id":"0bd0bef7-3b84-4f36-b851-7668b4c0366a","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":6,"box":{"x":39,"y":605,"width":790,"height":8}},{"id":"cc775e47-032b-4b58-94f6-2c372328c031","block_type":"box","text":"rman, French, Spanish,","page_number":6,"box":{"x":831,"y":606,"width":112,"height":7}},{"id":"e5bab13a-3fdb-42a6-a078-89dca7ab935e","block_type":"box","text":"Dutch and Italian.","page_number":6,"box":{"x":39,"y":615,"width":88,"height":6}},{"id":"a6680531-8166-4a5a-bd7a-af13c82239e9","block_type":"box","text":"BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. MSCI is a trademark and service mark of MSCI Inc. (collectively with its affi","page_number":6,"box":{"x":39,"y":642,"width":749,"height":8}},{"id":"65ad988d-98fe-4133-a893-4de036a894f1","block_type":"box","text":"liates, “MSCI”), used under","page_number":6,"box":{"x":789,"y":642,"width":133,"height":8}},{"id":"c52e7155-778b-486f-bf5b-00918271f425","block_type":"box","text":"license. Bloomberg Finance L.P. and its affiliates (collectively, “Bloomberg”), including Bloomberg Index Services Limited, the index administ","page_number":6,"box":{"x":39,"y":652,"width":694,"height":7}},{"id":"59ae79d5-fda1-441b-865f-b001514f1539","block_type":"box","text":"rator (“BISL”), or Bloomberg’s licensors,","page_number":6,"box":{"x":734,"y":652,"width":198,"height":7}},{"id":"0dea3b17-aa13-4e8c-baea-42828bd3cd20","block_type":"box","text":"including MSCI, own all proprietary rights in the indices mentioned. Neither Bloomberg nor MSCI is affiliated with Vanguard and neither Bloomberg nor","page_number":6,"box":{"x":39,"y":661,"width":753,"height":8}},{"id":"007cdab0-65fd-4b33-85eb-cef91dc52344","block_type":"box","text":"MSCI approves, endorses,","page_number":6,"box":{"x":796,"y":661,"width":127,"height":8}},{"id":"d1df8af1-d1e5-4e49-bb86-243fe8f5d1b5","block_type":"box","text":"reviews or recommends any Vanguard funds mentioned. Neither Bloomberg nor MSCI guarantees the timeliness, accurateness or completeness of any data or","page_number":6,"box":{"x":39,"y":671,"width":791,"height":7}},{"id":"4b23c8fd-215d-45bb-9df8-72a85b9ebf30","block_type":"box","text":"information relating to","page_number":6,"box":{"x":833,"y":671,"width":114,"height":7}},{"id":"59cf35fc-8343-404c-8a26-14c5eb379762","block_type":"box","text":"the indices mentioned and none shall be liable in any way to Vanguard, investors in Vanguard funds or other third parties in respect of the use or acc","page_number":6,"box":{"x":38,"y":680,"width":739,"height":8}},{"id":"e6345688-6c5d-4dc7-9f32-cc8c8962d49d","block_type":"box","text":"uracy of the Bloomberg indices or","page_number":6,"box":{"x":779,"y":680,"width":166,"height":8}},{"id":"d09442a1-defa-4ab6-ac00-85531476fb91","block_type":"box","text":"any data included therein.","page_number":6,"box":{"x":39,"y":689,"width":128,"height":8}},{"id":"259a2589-907b-460f-9212-06ad8863311b","block_type":"box","text":"SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC.","page_number":6,"box":{"x":39,"y":707,"width":506,"height":8}},{"id":"1f3472e4-d822-48b9-be01-f69db0f3ba10","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":6,"box":{"x":39,"y":718,"width":326,"height":7}},{"id":"11a6ed68-ffc2-4717-b509-a2f02e2827c1","block_type":"box","text":"SEDOL Masterfile®.","page_number":6,"box":{"x":368,"y":718,"width":98,"height":6}},{"id":"c0eec239-49b4-4108-bcf4-23f8bece362b","block_type":"box","text":"Investment risk information","page_number":6,"box":{"x":39,"y":86,"width":156,"height":6}},{"id":"dccdb13e-2773-418a-997f-1ff9fcb39daa","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":6,"box":{"x":38,"y":100,"width":603,"height":8}},{"id":"da800f28-a361-488d-bb4e-824f708e1ce0","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":6,"box":{"x":39,"y":114,"width":302,"height":7}},{"id":"fbecf7d0-4a96-48af-a746-24e9b0ea6c3d","block_type":"box","text":"Some funds invest in emerging markets which can be more volatile than more established markets. As a result, the value of your investment may rise or","page_number":6,"box":{"x":39,"y":128,"width":756,"height":7}},{"id":"81950711-2a26-44dc-80cc-f6f98b1fdcd4","block_type":"box","text":"fall.","page_number":6,"box":{"x":799,"y":128,"width":17,"height":6}},{"id":"6587fc37-9c20-4b86-834a-3659f0648037","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":6,"box":{"x":39,"y":141,"width":723,"height":8}},{"id":"269e74b7-de5d-4dc8-bd4a-43ea4d19d10a","block_type":"box","text":"of income may fluctuate.","page_number":6,"box":{"x":767,"y":141,"width":124,"height":8}},{"id":"02540ef5-599a-40d5-a965-26b9dad81ee0","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":6,"box":{"x":39,"y":151,"width":731,"height":7}},{"id":"e26c5c46-0fa5-49f1-9300-b0db70c5fc42","block_type":"box","text":"may carry greater credit risk","page_number":6,"box":{"x":774,"y":151,"width":141,"height":7}},{"id":"b8df6bfd-5f33-48e2-99a1-183eba16b74c","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":6,"box":{"x":39,"y":160,"width":751,"height":8}},{"id":"8df8ad6a-8f50-441f-8a75-eed7fc20596b","block_type":"box","text":"terest rates are likely to","page_number":6,"box":{"x":792,"y":160,"width":118,"height":8}},{"id":"8650754c-1d89-482a-9fc2-783bebebc04e","block_type":"box","text":"affect the capital value of bonds.","page_number":6,"box":{"x":39,"y":169,"width":164,"height":8}},{"id":"046e70f5-4b8c-4c2f-a2d9-bd9dc1258c92","block_type":"box","text":"ETF shares can be bought or sold only through a broker. Investing in ETFs entails stockbroker commission and a bid- offer spread which should be consi","page_number":6,"box":{"x":39,"y":183,"width":751,"height":8}},{"id":"959d7132-f2e0-4a26-a093-6fcf657b74e2","block_type":"box","text":"dered fully before","page_number":6,"box":{"x":792,"y":183,"width":87,"height":8}},{"id":"99f08471-7d9b-486c-8a91-8e4bfdda420f","block_type":"box","text":"investing.","page_number":6,"box":{"x":39,"y":193,"width":46,"height":7}},{"id":"410d0652-5d80-4764-bea2-299769223902","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":6,"box":{"x":38,"y":206,"width":744,"height":8}},{"id":"dab05499-ddf7-406d-9bcf-a5237efedb8a","block_type":"box","text":"exposure to underlying","page_number":6,"box":{"x":785,"y":206,"width":112,"height":8}},{"id":"7c3ba187-6a81-4ba0-9304-ff2d6f12a3a3","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":6,"box":{"x":39,"y":216,"width":706,"height":7}},{"id":"3b3dbdf7-b543-4d58-9cc4-9034885ce688","block_type":"box","text":"a financial asset (such as a share,","page_number":6,"box":{"x":748,"y":216,"width":167,"height":7}},{"id":"99f88127-d14e-4d4e-a909-9323bfbc56b9","block_type":"box","text":"bond, or currency) or a market index.","page_number":6,"box":{"x":39,"y":225,"width":182,"height":8}},{"id":"15138c7a-068e-421c-8400-bf8f5ed437b0","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":6,"box":{"x":39,"y":239,"width":761,"height":7}},{"id":"a4a24f9d-990f-4a03-8c34-2ef82d5af98e","block_type":"box","text":"ts.","page_number":6,"box":{"x":802,"y":240,"width":11,"height":5}},{"id":"0f05b03a-188e-4b47-b5f5-1f1085db0e58","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":6,"box":{"x":39,"y":252,"width":674,"height":8}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":6}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"0e6445a9-fa00-4f96-ba61-e77f127dc102"},"user_id":1000002,"date_created":"2026-10-15T22:22:22.766000Z","date_modified":"2026-10-15T22:22:22.766000Z","private":false}