{"annotation_id":"25e21649-086a-44da-a17a-46dc10c8ab79","file_hash":"c00f94ec71423efde71c273582ccf12c61d740365e92029d2bc2138bb728bfef","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"b860e72b-1845-4e14-ab84-c03e3b8644ee","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":12,"width":155,"height":25}},{"id":"60b1fd24-9eda-4eb1-a177-6371ec6195a3","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":13,"width":14,"height":4}},{"id":"ce017b52-7339-4ce8-97b9-d0110cada9a2","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":1,"box":{"x":38,"y":107,"width":794,"height":22}},{"id":"fa442aab-1640-4da7-9e5f-92b0833c5b07","block_type":"box","text":"USD Hedged Distributing - An exchange-traded fund","page_number":1,"box":{"x":40,"y":136,"width":450,"height":13}},{"id":"e6f7ac9e-c6ae-4346-9048-c12403bee32c","block_type":"box","text":"Inception date: 20 May 2021","page_number":1,"box":{"x":40,"y":155,"width":203,"height":10}},{"id":"1a813a67-65d2-4bbc-9555-8d3b1eb3ad0a","block_type":"box","text":"Total assets (million) $1,557","page_number":1,"box":{"x":38,"y":176,"width":159,"height":8}},{"id":"f41115b0-74bb-4000-8348-f8e45698074a","block_type":"box","text":"|","page_number":1,"box":{"x":201,"y":176,"width":2,"height":7}},{"id":"e8e15462-6262-44e6-973c-a22e563aa9cf","block_type":"box","text":"Share class assets (million) $31 as at 30 September 2026","page_number":1,"box":{"x":208,"y":176,"width":324,"height":8}},{"id":"0f43cbde-9692-44b0-9ffd-f203066723ac","block_type":"box","text":"Key ETF facts","page_number":1,"box":{"x":39,"y":210,"width":89,"height":9}},{"id":"457c9873-92df-4b43-a49f-58bac167c84e","block_type":"box","text":"Exchange ticker","page_number":1,"box":{"x":307,"y":214,"width":80,"height":7}},{"id":"7a9ab259-ad03-4563-8a10-44a6bd87283d","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":457,"y":214,"width":36,"height":6}},{"id":"b0f3fe4b-5fdb-4cf0-abd0-14e71d4deabc","block_type":"box","text":"Reuters","page_number":1,"box":{"x":561,"y":214,"width":39,"height":6}},{"id":"522f7efe-7146-4c05-8ea3-ccf2768c100f","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":674,"y":214,"width":54,"height":7}},{"id":"90aa4591-4ef3-4786-970d-0b2396dfd8e2","block_type":"box","text":"Bloomberg iNav","page_number":1,"box":{"x":771,"y":214,"width":80,"height":7}},{"id":"07aec268-3bdb-484d-817d-c42dded5d38c","block_type":"box","text":"Valoren","page_number":1,"box":{"x":912,"y":214,"width":39,"height":6}},{"id":"a56548b7-4f6a-4999-85f5-1ee28da0490b","block_type":"box","text":"London Stock Exchange","page_number":1,"box":{"x":39,"y":231,"width":120,"height":8}},{"id":"ff86aeaa-9dfd-4cec-b13c-99e40d638b68","block_type":"box","text":"USD","page_number":1,"box":{"x":39,"y":242,"width":18,"height":5}},{"id":"e7701646-921c-47ec-be85-fc6680b559e5","block_type":"box","text":"V3GD","page_number":1,"box":{"x":361,"y":243,"width":25,"height":5}},{"id":"a6f5a789-648d-47fe-9e18-3385addb190e","block_type":"box","text":"BMV7ZJ7","page_number":1,"box":{"x":451,"y":243,"width":41,"height":5}},{"id":"ed110962-bf9e-45e8-880a-62927afe8e07","block_type":"box","text":"V3GD.L","page_number":1,"box":{"x":566,"y":243,"width":33,"height":5}},{"id":"56e6cb9b-b4f3-4562-8481-7c3b334b8c7d","block_type":"box","text":"V3GD LN","page_number":1,"box":{"x":688,"y":243,"width":40,"height":5}},{"id":"a134b2d8-f3d8-452e-80a3-17481ee10e47","block_type":"box","text":"IV3GDUSD","page_number":1,"box":{"x":803,"y":243,"width":47,"height":5}},{"id":"2b492c5a-0779-4ff9-957b-42286ae541db","block_type":"box","text":"—","page_number":1,"box":{"x":945,"y":245,"width":6,"height":1}},{"id":"ea34748a-96b0-4794-8112-545329c030af","block_type":"box","text":"Ongoing Charges Figure†","page_number":1,"box":{"x":39,"y":409,"width":134,"height":8}},{"id":"5d1be29c-f23a-43be-8716-79a0f731c6cf","block_type":"box","text":"e†","page_number":1,"box":{"x":173,"y":407,"width":10,"height":8}},{"id":"e3839c58-1285-4196-b0c6-c30ee2baf343","block_type":"box","text":"0.15","page_number":1,"box":{"x":218,"y":410,"width":20,"height":6}},{"id":"83045fd4-568e-4533-b98b-72513e32feb8","block_type":"box","text":"%","page_number":1,"box":{"x":239,"y":410,"width":9,"height":6}},{"id":"8303a3a3-4af4-484c-b0e9-2efc975215c8","block_type":"box","text":"†","page_number":1,"box":{"x":39,"y":432,"width":5,"height":5}},{"id":"7103e448-6727-4272-b755-47e8221d4ae3","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":433,"width":738,"height":8}},{"id":"d2e2da1b-faa9-46fb-9775-dfd1b7e282a7","block_type":"box","text":"nds. When you invest with","page_number":1,"box":{"x":789,"y":433,"width":129,"height":8}},{"id":"3f7fa919-d6fb-413b-87ec-be60dc077e99","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":446,"width":777,"height":8}},{"id":"947e5142-97ce-4764-8b71-6a2a2ee9361b","block_type":"box","text":"the fund. The AMC","page_number":1,"box":{"x":820,"y":446,"width":93,"height":6}},{"id":"7b7b725e-b9d2-4f05-8fc6-94b90e00d38a","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":457,"width":543,"height":7}},{"id":"bdd4d127-12ea-45aa-88d1-385f2b635792","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":476,"width":186,"height":8}},{"id":"bdf2b1eb-ed76-45d0-833b-02911780ba71","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":493,"width":3,"height":2}},{"id":"4754c210-f6a2-4c07-ae10-854c394dcee4","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":491,"width":732,"height":7}},{"id":"e0d16be9-b170-4bd1-aeea-d55cc5cf7607","block_type":"box","text":"rformance of the Bloomberg","page_number":1,"box":{"x":784,"y":491,"width":142,"height":7}},{"id":"678d29b3-9b77-4249-93c1-4b157b7496b2","block_type":"box","text":"MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index (the “Index”).","page_number":1,"box":{"x":51,"y":501,"width":403,"height":8}},{"id":"cd582e8f-c9cc-4b1a-bd39-ed3f2ade3e58","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":516,"width":3,"height":2}},{"id":"d0f7bab9-9b9f-4d76-99b1-fcbcb9e92fb0","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":513,"width":767,"height":8}},{"id":"d13af515-a7e8-4bef-a8ac-1c51916dc8c9","block_type":"box","text":"sists of a","page_number":1,"box":{"x":820,"y":513,"width":43,"height":7}},{"id":"8db79306-5f34-4d3d-b654-57df59780418","block_type":"box","text":"representative sample of the component securities of the Index.","page_number":1,"box":{"x":51,"y":524,"width":318,"height":8}},{"id":"bb2c3c3c-1619-4673-bdea-ceac35669f67","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":538,"width":3,"height":3}},{"id":"8a0a4c41-e966-4fdc-b755-f69c5f5dd284","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":536,"width":725,"height":8}},{"id":"2a6ebd5b-9f94-46e5-890c-dcf6e4015cd5","block_type":"box","text":"vestment universe which is","page_number":1,"box":{"x":777,"y":536,"width":133,"height":6}},{"id":"adf89526-d7ad-4c10-b815-6cfd080ffe13","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":547,"width":724,"height":7}},{"id":"2206cbbf-757e-4edb-bb76-b856e3b1d847","block_type":"box","text":"“screening criteria”) by","page_number":1,"box":{"x":779,"y":547,"width":114,"height":7}},{"id":"c63e5278-b238-4247-a88c-e4fc1f92b565","block_type":"box","text":"Bloomberg as the sponsor of the Index, which is independent of Vanguard.","page_number":1,"box":{"x":51,"y":557,"width":370,"height":8}},{"id":"c9bdc985-b470-4ad9-93dc-28bcf80344ae","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":572,"width":3,"height":2}},{"id":"884155a4-cab4-4faf-b6b5-e8716ebe9db5","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":570,"width":749,"height":7}},{"id":"63d4b693-7974-44f2-b9b9-0e67d40b8d6a","block_type":"box","text":"e issuer’s conduct or","page_number":1,"box":{"x":801,"y":570,"width":101,"height":6}},{"id":"6d397696-cac1-4cd3-9dfb-ba436c3790cc","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":580,"width":745,"height":8}},{"id":"c1ec02bd-5aec-4991-8c8b-9e198b6fb9dd","block_type":"box","text":"rms and standards.","page_number":1,"box":{"x":798,"y":580,"width":95,"height":6}},{"id":"3dcffa92-7416-43de-a93e-e50c19b25afe","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":595,"width":3,"height":2}},{"id":"dcb68125-75dc-41c3-8aa8-1e4e4a392745","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":592,"width":730,"height":8}},{"id":"d3fbf29e-bc32-49c8-a546-e7cc12e5bce0","block_type":"box","text":"of the supply chain for,","page_number":1,"box":{"x":784,"y":592,"width":113,"height":8}},{"id":"d41bd9a1-1beb-4359-bd64-d802c73d5f4f","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":603,"width":716,"height":8}},{"id":"d80d6de3-ee63-4182-930e-1a32c09d0b8b","block_type":"box","text":"ng: (i) adult entertainment, (ii)","page_number":1,"box":{"x":768,"y":603,"width":152,"height":8}},{"id":"38019d7f-beab-4f75-a636-295d45ed3baf","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":613,"width":646,"height":8}},{"id":"44a5cd9e-77db-49ea-9905-9edc0588b3c6","block_type":"box","text":"ms, (ix) nuclear power, or (x) fossil fuels (which","page_number":1,"box":{"x":699,"y":613,"width":232,"height":8}},{"id":"e6f5214f-47db-4242-b164-d9933c6515bf","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":624,"width":674,"height":8}},{"id":"e3f903c9-bbcf-408e-9b73-9b0dd7018457","block_type":"box","text":"ty. This may be based on percentage of","page_number":1,"box":{"x":726,"y":624,"width":196,"height":8}},{"id":"fd552841-6ad0-4d13-ae7b-edcd14dbe217","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":635,"width":729,"height":7}},{"id":"5674462a-83df-4641-b6fa-1275d975a09b","block_type":"box","text":".","page_number":1,"box":{"x":782,"y":640,"width":1,"height":1}},{"id":"6839282b-984e-4c7d-9e33-cb2f92909118","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":649,"width":3,"height":2}},{"id":"9fbab9ca-79f4-4a37-80ae-fba79ed0620b","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":647,"width":759,"height":7}},{"id":"6bb19d96-0279-4ea0-bbd5-f99e30b63f37","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":661,"width":3,"height":3}},{"id":"2b5faaf7-a188-49b9-884e-c821973a91e0","block_type":"box","text":"For the full investment strategy please review the prospectus.","page_number":1,"box":{"x":51,"y":659,"width":309,"height":8}},{"id":"68bbdda5-e227-4f5f-86ae-b48b1eb75621","block_type":"box","text":"‡","page_number":1,"box":{"x":35,"y":956,"width":3,"height":4}},{"id":"ce162394-56d8-4f05-974a-8e3e39aa7394","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":956,"width":181,"height":7}},{"id":"9d3abbf1-b1d9-4cac-a4ef-a0e2e4f80f1e","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":"b078e1e9-2a82-4377-8095-accfa1847cb1","block_type":"box","text":"Base currency","page_number":1,"box":{"x":39,"y":270,"width":71,"height":7}},{"id":"c407d7d7-e50d-435f-8720-c5403aeceea5","block_type":"box","text":"Tax reporting","page_number":1,"box":{"x":268,"y":269,"width":69,"height":8}},{"id":"339394ba-1ff9-40b1-88c5-696ab2e1eb89","block_type":"box","text":"SRRI","page_number":1,"box":{"x":412,"y":270,"width":23,"height":6}},{"id":"3af1a3c1-fdf7-464d-9578-de71bb5b266d","block_type":"box","text":"‡","page_number":1,"box":{"x":436,"y":270,"width":4,"height":3}},{"id":"bf38c7d3-6667-497b-894c-2b8642c17b17","block_type":"box","text":"Index ticker","page_number":1,"box":{"x":496,"y":269,"width":59,"height":7}},{"id":"d772439b-ecad-4d9a-85ab-db9a4d8b2bf9","block_type":"box","text":"Investment structure","page_number":1,"box":{"x":646,"y":270,"width":108,"height":6}},{"id":"ebe3aade-6bf3-470c-ae71-db11c6908736","block_type":"box","text":"Domicile","page_number":1,"box":{"x":903,"y":269,"width":42,"height":7}},{"id":"014103ec-0d64-4536-afb2-4473cc5a8f22","block_type":"box","text":"USD","page_number":1,"box":{"x":39,"y":286,"width":18,"height":5}},{"id":"58f3b38c-e4c0-44be-84cd-88897b59674c","block_type":"box","text":"Austria, Italy, Switzerland, UK","page_number":1,"box":{"x":210,"y":286,"width":128,"height":7}},{"id":"6deca9b5-714e-4bc4-b05e-330bd729ecaf","block_type":"box","text":"4","page_number":1,"box":{"x":435,"y":286,"width":5,"height":5}},{"id":"6d0c91e9-1911-49fe-8158-1d78a8d1b426","block_type":"box","text":"H35936US","page_number":1,"box":{"x":510,"y":286,"width":44,"height":5}},{"id":"4664bf61-059e-4bc0-90f4-0cb061106a6b","block_type":"box","text":"UCITS","page_number":1,"box":{"x":727,"y":286,"width":25,"height":5}},{"id":"5a672a8c-9034-44c7-ab0a-ca37d7fc58d2","block_type":"box","text":"Ireland","page_number":1,"box":{"x":917,"y":286,"width":28,"height":5}},{"id":"6ec1f1a5-f3c8-49c6-9801-97e4cadf12aa","block_type":"box","text":"Legal entity","page_number":1,"box":{"x":39,"y":317,"width":60,"height":8}},{"id":"fa8242bb-b92b-41ee-9cad-e4b72780beac","block_type":"box","text":"Investment method","page_number":1,"box":{"x":238,"y":317,"width":99,"height":6}},{"id":"0e971488-9ad7-46c0-a968-2ab62f4d4dc1","block_type":"box","text":"ISIN","page_number":1,"box":{"x":420,"y":317,"width":20,"height":6}},{"id":"3400d8b7-b247-42b0-865a-2688642851c3","block_type":"box","text":"Dividends","page_number":1,"box":{"x":506,"y":317,"width":49,"height":6}},{"id":"2db74164-60cb-4a42-81ae-f3ccc5dbd7f5","block_type":"box","text":"Dividend schedule","page_number":1,"box":{"x":663,"y":317,"width":90,"height":6}},{"id":"b0267e59-d328-427f-952e-627c39d48b3c","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":841,"y":317,"width":105,"height":8}},{"id":"de79e2c9-b65a-4773-bf00-33cb51fe8e3a","block_type":"box","text":"Vanguard Funds plc","page_number":1,"box":{"x":38,"y":334,"width":85,"height":6}},{"id":"56b3c3ab-be55-4eb6-88cd-b7f3060b18a8","block_type":"box","text":"Physical","page_number":1,"box":{"x":303,"y":334,"width":34,"height":6}},{"id":"efde1e3a-a936-40a3-a121-39771fb0b722","block_type":"box","text":"IE00BNDS1X14","page_number":1,"box":{"x":374,"y":334,"width":66,"height":5}},{"id":"7091d87c-c515-42fb-b8af-cab5d579a90c","block_type":"box","text":"Distributed","page_number":1,"box":{"x":507,"y":334,"width":47,"height":5}},{"id":"9a3adceb-fe47-402f-93cf-f62a21f2a19f","block_type":"box","text":"Monthly","page_number":1,"box":{"x":719,"y":334,"width":34,"height":6}},{"id":"8856fbc2-54f1-4c20-81d5-daf82664c554","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":780,"y":334,"width":166,"height":6}},{"id":"30fc7c9b-37e7-47e6-8f87-a1da290912a6","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":67,"width":229,"height":9}},{"id":"e3d6d3c0-7734-4268-a994-0f23d73541fa","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":80,"width":84,"height":10}},{"id":"7bd0bc93-3b8f-49e9-9739-b7167e8e5b73","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":81,"width":7,"height":11}},{"id":"1074a465-1f46-467c-b6bf-56b859d9100f","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":81,"width":161,"height":11}},{"id":"7c23d206-47b6-44ae-979d-0caea86c5e7b","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":2,"box":{"x":38,"y":34,"width":715,"height":19}},{"id":"d4e9eff6-8fcc-49fb-b7e3-b57e89ed87dd","block_type":"box","text":"USD Hedged Distributing - An exchange-traded fund","page_number":2,"box":{"x":40,"y":60,"width":450,"height":13}},{"id":"10d95936-4446-4a7d-836d-9c40e1ff83f6","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":99,"width":127,"height":8}},{"id":"01f47c26-e341-4c54-85a6-a9735fd5e4bc","block_type":"box","text":"USD","page_number":2,"box":{"x":39,"y":117,"width":21,"height":6}},{"id":"be2c03c5-ebd3-492f-991a-c5ac87b1cc5e","block_type":"box","text":"—","page_number":2,"box":{"x":61,"y":120,"width":8,"height":1}},{"id":"a5b9ad80-42e6-482a-8682-ebe5f8a6f211","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":2,"box":{"x":69,"y":117,"width":248,"height":7}},{"id":"7ff20589-aa3f-4b46-a9f2-65599fbfc02b","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":128,"width":56,"height":6}},{"id":"7300934c-04e0-4945-8473-5fa883bc70bd","block_type":"box","text":"— Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index in USD","page_number":2,"box":{"x":98,"y":128,"width":439,"height":7}},{"id":"a5f6d931-63ae-4673-bda5-00059379af2a","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":187,"width":148,"height":8}},{"id":"1176aff6-09e0-4c48-ac77-ff6f6b5c704c","block_type":"box","text":"1 month","page_number":2,"box":{"x":284,"y":187,"width":40,"height":6}},{"id":"9b2e82c3-2aeb-468b-a42c-ac3d1c445003","block_type":"box","text":"Quarter","page_number":2,"box":{"x":378,"y":187,"width":39,"height":6}},{"id":"5c2682fd-5750-46b0-8bf2-e53b40425ae1","block_type":"box","text":"Year to","page_number":2,"box":{"x":473,"y":177,"width":36,"height":6}},{"id":"e11a197c-7d1e-4766-96dc-001d0b5945a5","block_type":"box","text":"date","page_number":2,"box":{"x":486,"y":187,"width":23,"height":6}},{"id":"73583e72-ce9c-4124-aee0-d8135aafe321","block_type":"box","text":"1 year","page_number":2,"box":{"x":557,"y":187,"width":30,"height":8}},{"id":"53a5e97c-1cd1-40d7-8b28-22a1e493c00d","block_type":"box","text":"3 years","page_number":2,"box":{"x":633,"y":187,"width":35,"height":8}},{"id":"1df73b87-bf01-431e-ab92-8d0c0bf1abd2","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":187,"width":35,"height":8}},{"id":"fcd2df68-7438-491b-92b1-c3f2b9f9fee5","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":187,"width":41,"height":8}},{"id":"eca61bb2-38ab-4bfc-9bd8-1246bb12ba14","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":177,"width":26,"height":6}},{"id":"801fcd8b-dae2-4ab3-91c0-efd551fa4a00","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":188,"width":45,"height":7}},{"id":"780c5218-bb79-4834-8ae2-6857a3114825","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":205,"width":20,"height":5}},{"id":"c2b54adc-8507-4feb-9038-6aa7be58a103","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":205,"width":59,"height":6}},{"id":"f2363849-1ac3-435b-86f9-9f564cf1ad2f","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":205,"width":3,"height":6}},{"id":"0f656536-0a2b-48d9-b1e6-807e3e56d775","block_type":"box","text":"-1.98%","page_number":2,"box":{"x":294,"y":205,"width":30,"height":5}},{"id":"0d069d16-98c7-4040-b664-a9314a10c82f","block_type":"box","text":"-3.10%","page_number":2,"box":{"x":386,"y":205,"width":30,"height":5}},{"id":"1808e447-642b-4143-b2e6-e6b180e5bc26","block_type":"box","text":"-1.88%","page_number":2,"box":{"x":478,"y":205,"width":31,"height":5}},{"id":"2553a11e-164a-4a0e-b1e8-2178e0ab97d0","block_type":"box","text":"-1.14%","page_number":2,"box":{"x":556,"y":205,"width":30,"height":5}},{"id":"e10887e2-af7b-4b65-be48-803c77ea16f4","block_type":"box","text":"5.19%","page_number":2,"box":{"x":641,"y":205,"width":27,"height":5}},{"id":"65c2f0f9-5fb5-4f02-b97f-106cbb91871a","block_type":"box","text":"0.39%","page_number":2,"box":{"x":732,"y":205,"width":26,"height":5}},{"id":"5f9de995-2cdb-4420-ac07-8a70b43dbed4","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":208,"width":7,"height":0}},{"id":"5286fb59-5a56-4a97-b065-7e76886aedde","block_type":"box","text":"0.65%","page_number":2,"box":{"x":925,"y":205,"width":27,"height":5}},{"id":"e273abd5-accb-4389-8ec3-53601abe7d71","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":221,"width":48,"height":5}},{"id":"09690d22-cec2-44ac-8b93-51a95615da08","block_type":"box","text":"-1.97%","page_number":2,"box":{"x":294,"y":220,"width":30,"height":5}},{"id":"5105da74-a133-4e98-a68b-a481ca71c74c","block_type":"box","text":"-3.07%","page_number":2,"box":{"x":386,"y":220,"width":30,"height":5}},{"id":"48e6fa70-bd73-4333-9317-8e981ac0264b","block_type":"box","text":"-1.83%","page_number":2,"box":{"x":478,"y":220,"width":31,"height":5}},{"id":"e261c70b-b4a0-4802-ad70-1c73800c050a","block_type":"box","text":"-1.01%","page_number":2,"box":{"x":556,"y":220,"width":30,"height":5}},{"id":"c8ae5e7d-d7b9-4839-808d-019f5f051e07","block_type":"box","text":"5.31%","page_number":2,"box":{"x":641,"y":220,"width":27,"height":5}},{"id":"563fa904-f533-46cf-b16c-5fd9bb1719a3","block_type":"box","text":"0.53%","page_number":2,"box":{"x":732,"y":220,"width":26,"height":5}},{"id":"fa0ecfa6-5033-405e-9344-7c3c11d9c26e","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":223,"width":7,"height":0}},{"id":"360938a9-96a1-4105-aaa5-bf7213247c5d","block_type":"box","text":"0.79%","page_number":2,"box":{"x":925,"y":220,"width":27,"height":5}},{"id":"4198c091-7b5f-40bc-a5bb-a6a16dbeab62","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":"baaa4a88-a128-4cce-87ac-521384b09717","block_type":"box","text":"ment of all dividends and any","page_number":2,"box":{"x":775,"y":237,"width":145,"height":7}},{"id":"9e369fcf-1461-4bf5-9441-2924ddd964ac","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":"8d48ddb2-a330-46c8-a481-24ece8410d48","block_type":"box","text":"asis of fund performance is","page_number":2,"box":{"x":797,"y":246,"width":135,"height":8}},{"id":"d095dc18-bf2e-4804-ba80-209e850acf14","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":"ef692f1e-f256-4b94-9af0-69fc8adb5ab7","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":"2c43cecd-16b2-4b2b-9aa4-d97a694046cf","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":"e3800b39-252c-43b0-8f32-d2b087ebd293","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":"98aa5ebe-63ff-4d81-8907-2539466855c6","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":298,"width":143,"height":6}},{"id":"c3b7fed1-f9af-462c-afe6-429f4bd81fe7","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":"bda787d2-c263-4555-b3b5-1bacd8d641c3","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":308,"width":97,"height":6}},{"id":"ddb9d5f4-bdcc-469d-9924-ed0a5197515c","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in USD, net of fees.","page_number":2,"box":{"x":39,"y":317,"width":604,"height":8}},{"id":"ec892973-771e-4726-81f4-667444fe7885","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":344,"width":88,"height":8}},{"id":"31b90743-146b-48ea-8238-25512f36f7c7","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":569,"width":7,"height":1}},{"id":"3e5eb21f-d516-4b99-903b-ebd5d87e5d7a","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":569,"width":7,"height":1}},{"id":"262ec698-a8c8-4ccf-aea7-9620b5b316ea","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":569,"width":7,"height":1}},{"id":"073f9162-4494-46b7-a854-d92868dc3987","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":569,"width":7,"height":1}},{"id":"a76a1120-d62c-4355-81fb-5d52c4318ce3","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":569,"width":6,"height":1}},{"id":"59107266-762a-4ca8-a7d4-11eec60f72bf","block_type":"box","text":"01 Oct 2021","page_number":2,"box":{"x":587,"y":549,"width":53,"height":5}},{"id":"9de43c7f-f76d-4d03-a768-4a0943056455","block_type":"box","text":"-","page_number":2,"box":{"x":613,"y":560,"width":3,"height":1}},{"id":"f444e545-14e1-4f80-877b-ca2cc1dc508a","block_type":"box","text":"30 Sep 2022","page_number":2,"box":{"x":587,"y":566,"width":53,"height":7}},{"id":"c2bcef3c-177e-47e8-b88b-230b2a3d5e83","block_type":"box","text":"01 Oct 2022","page_number":2,"box":{"x":664,"y":549,"width":53,"height":5}},{"id":"438cab36-0179-4bd9-87f5-e77344baafa8","block_type":"box","text":"-","page_number":2,"box":{"x":691,"y":560,"width":2,"height":1}},{"id":"87660b5c-32f4-42a4-bf90-e4ab277ec3a9","block_type":"box","text":"30 Sep 2023","page_number":2,"box":{"x":664,"y":566,"width":53,"height":7}},{"id":"44105ce8-cd12-48b8-87c4-a394c2c11b19","block_type":"box","text":"01 Oct 2023","page_number":2,"box":{"x":742,"y":549,"width":53,"height":5}},{"id":"3d7de145-8146-4306-9278-386b36f130e8","block_type":"box","text":"-","page_number":2,"box":{"x":768,"y":560,"width":3,"height":1}},{"id":"cb366517-676f-4ecd-b083-ea5200a0e4fc","block_type":"box","text":"30 Sep 2024","page_number":2,"box":{"x":742,"y":566,"width":53,"height":7}},{"id":"9c910deb-e766-40ff-a9b5-f3b61e978ee9","block_type":"box","text":"01 Oct 2024","page_number":2,"box":{"x":819,"y":549,"width":53,"height":5}},{"id":"2c306331-62f7-4e89-b637-c9d4b9dd6136","block_type":"box","text":"-","page_number":2,"box":{"x":846,"y":560,"width":2,"height":1}},{"id":"52efe028-1b91-48c2-9629-729e2ed77921","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":819,"y":566,"width":53,"height":7}},{"id":"240154b5-8876-4f5a-b346-9ffec21a6a5f","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":897,"y":549,"width":53,"height":5}},{"id":"69a082ff-4f98-40e9-b1ce-6ac33ff831f4","block_type":"box","text":"-","page_number":2,"box":{"x":923,"y":560,"width":3,"height":1}},{"id":"5eb9a1e2-4d94-4d29-bab5-143137925fd8","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":897,"y":566,"width":53,"height":7}},{"id":"0306193f-2382-4f2a-a2dd-2bb841936bc0","block_type":"box","text":"Fund (","page_number":2,"box":{"x":63,"y":582,"width":27,"height":7}},{"id":"72d0a704-3dac-4560-93c8-00920ee08a47","block_type":"box","text":"Net of expenses)","page_number":2,"box":{"x":91,"y":583,"width":59,"height":6}},{"id":"bb857f0c-bbb4-4663-af4f-bf257d755307","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":587,"width":7,"height":0}},{"id":"476f33dc-bd69-4f75-bdae-9ba4fd85533f","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":587,"width":7,"height":0}},{"id":"317bb11d-d956-4c59-bb28-134ab7a9e484","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":587,"width":7,"height":0}},{"id":"99580c68-ece6-48e7-bee9-28b09c9a1519","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":587,"width":7,"height":0}},{"id":"4d6037cd-38c0-4536-a8d6-01af6a4c7cd6","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":587,"width":6,"height":0}},{"id":"614d44a8-c181-4509-bea1-9823ea959f0b","block_type":"box","text":"-16.28%","page_number":2,"box":{"x":595,"y":584,"width":36,"height":5}},{"id":"3cfa695f-ace8-4ab6-b82a-933b229b82b6","block_type":"box","text":"4.63%","page_number":2,"box":{"x":677,"y":584,"width":27,"height":5}},{"id":"f8462483-4f6c-44c7-a9e4-e9d5d9b40e46","block_type":"box","text":"12.79%","page_number":2,"box":{"x":752,"y":584,"width":32,"height":5}},{"id":"a728da6d-f501-47aa-bccf-3e6f82187680","block_type":"box","text":"4.39%","page_number":2,"box":{"x":832,"y":584,"width":27,"height":5}},{"id":"a34cead8-fa38-4d89-8bd5-2df834453e05","block_type":"box","text":"-1.14%","page_number":2,"box":{"x":908,"y":584,"width":30,"height":5}},{"id":"a3857394-889d-4f22-8267-ba20681de927","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":598,"width":48,"height":5}},{"id":"098f1faf-b86b-471f-909f-a2885d72a64f","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":602,"width":7,"height":1}},{"id":"b12cbb99-03ed-4633-bf56-740fb04a88b4","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":602,"width":7,"height":1}},{"id":"31b5e395-0fbe-4647-9e29-b81230df7bc2","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":602,"width":7,"height":1}},{"id":"d2bd3b67-2bd0-4083-bdb1-acdbc4b997f4","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":602,"width":7,"height":1}},{"id":"54be2592-25f0-4cb3-b1a5-0f5076a20a04","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":602,"width":6,"height":1}},{"id":"0fa3d99d-f9e8-4e07-9c33-dd17ec1fa7b2","block_type":"box","text":"-16.16%","page_number":2,"box":{"x":595,"y":599,"width":36,"height":5}},{"id":"9f2c7d85-bac0-476c-8bb4-08a6ec282684","block_type":"box","text":"4.85%","page_number":2,"box":{"x":677,"y":599,"width":27,"height":5}},{"id":"acf5f47d-93ce-4578-a1ad-9395467b0176","block_type":"box","text":"12.93%","page_number":2,"box":{"x":752,"y":599,"width":32,"height":5}},{"id":"698a9a64-3f97-4a74-a27a-f4612be410b9","block_type":"box","text":"4.47%","page_number":2,"box":{"x":832,"y":599,"width":27,"height":5}},{"id":"45e3368f-27f5-40bd-b9f1-d20cbe2cfa93","block_type":"box","text":"-1.01%","page_number":2,"box":{"x":908,"y":599,"width":30,"height":5}},{"id":"e06f0db3-8455-408e-851f-3b5ab15ce085","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":402,"width":167,"height":8}},{"id":"698ccf22-73a0-4b49-b1be-be0579f6f3da","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":"70210fa5-052a-4ba9-b5af-3343d61d1656","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":645,"width":117,"height":8}},{"id":"72b8e117-710d-4389-a779-c2fd6e227fb6","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":"5e1f3339-b678-405b-870d-f3bbde8b082f","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":"6aac1d93-2a4c-4a9b-9259-04e802694fd3","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":"e2d99bf2-52ec-49b7-8957-4d160f972c20","block_type":"box","text":"risk in the Fund, and may","page_number":2,"box":{"x":800,"y":669,"width":124,"height":8}},{"id":"cf237ddd-f393-4c4a-9b1a-70ed0e700e93","block_type":"box","text":"affect the performance of the Fund.","page_number":2,"box":{"x":39,"y":679,"width":181,"height":8}},{"id":"095609cb-4474-4929-ac63-19b7038673b7","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":"f25694f4-8f2b-474f-bda8-e45c96c54b12","block_type":"box","text":"er instruments, may expose the Fund","page_number":2,"box":{"x":774,"y":693,"width":184,"height":8}},{"id":"56ee6538-7650-4147-9aad-2cccf4736847","block_type":"box","text":"to financial loss.","page_number":2,"box":{"x":38,"y":703,"width":80,"height":6}},{"id":"271c227b-3440-471d-92d4-d8f91a13d8a2","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":"81201c1b-3deb-4225-9e64-a7df7f8e7252","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":"d307a33a-8ebf-462a-bbab-01176d624c5b","block_type":"box","text":"to provide investment results that,","page_number":2,"box":{"x":786,"y":731,"width":172,"height":8}},{"id":"932951f1-1642-4ab0-a61b-8e030b6e6d7d","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":"679399ef-7353-4132-8f35-593157bdbd2c","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":"66cd115b-3c1e-482d-a1ee-88c11086dae4","block_type":"box","text":"here is the risk that the securities","page_number":2,"box":{"x":789,"y":755,"width":165,"height":6}},{"id":"d20d9168-b23f-479c-8b7c-62b594bf2ca9","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":"04e872e8-b1d1-403b-a24d-ca08295124ae","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":"905904f5-5627-4470-ac9e-52d2b42d245e","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":"d4b1639c-069f-43a1-b1cf-1e5c7268616d","block_type":"box","text":"und’s exposure to certain issuers","page_number":2,"box":{"x":784,"y":793,"width":162,"height":8}},{"id":"613da7c4-e548-4d28-bcab-7e8793743eec","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":"ec5a367f-f6c2-4e1a-b985-f56b559c4529","block_type":"box","text":"ds that do not seek to screen","page_number":2,"box":{"x":805,"y":803,"width":143,"height":6}},{"id":"6421d5cf-f4f7-4282-a69c-8643aa0c1ad9","block_type":"box","text":"investments in this way.","page_number":2,"box":{"x":39,"y":813,"width":119,"height":7}},{"id":"f7cb865e-dd60-440a-babd-280ced245885","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":"e67f1b19-7792-4bcb-9a8e-0cf09951a450","block_type":"box","text":"ulated correctly.","page_number":2,"box":{"x":779,"y":827,"width":80,"height":7}},{"id":"148e5bb1-1ddc-4cec-ad12-08fc38f75cf4","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":"cbdfe620-1043-41f7-98bd-dcd0b667e22e","block_type":"box","text":"order for example, to correct","page_number":2,"box":{"x":805,"y":841,"width":143,"height":8}},{"id":"1ad288ee-8494-40a3-8f39-3997f8953a3b","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":"5f72a5aa-cefe-4d6b-8f05-090bda566a11","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":"6aed5aa0-b4f8-4b96-8944-d42c88b06e95","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":"f34ca079-880d-47cc-be27-497f30c0dc4d","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":881,"width":22,"height":6}},{"id":"84594bc8-aa89-412c-a878-9b685ed5fd06","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":3,"box":{"x":38,"y":11,"width":675,"height":19}},{"id":"57cd6cd2-8fa4-4a8e-aa10-107dd1674eaa","block_type":"box","text":"USD Hedged Distributing","page_number":3,"box":{"x":40,"y":35,"width":214,"height":13}},{"id":"25b63be2-b019-43c4-b51f-ea6582b68568","block_type":"box","text":"- An exchange-traded fund","page_number":3,"box":{"x":261,"y":35,"width":229,"height":13}},{"id":"61855835-7048-447a-85ce-bf0cbc3e8087","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":"cd50182b-641d-426c-8b56-5c5b2e25aba3","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":235,"width":99,"height":6}},{"id":"af1fdd86-d15d-49c4-83d1-baa267974221","block_type":"box","text":"United States","page_number":3,"box":{"x":163,"y":257,"width":58,"height":5}},{"id":"982a3db0-07a2-4fd4-987e-3a4ad8bec41e","block_type":"box","text":"60.0","page_number":3,"box":{"x":434,"y":257,"width":18,"height":5}},{"id":"75ae4ddb-fd92-46fe-9c6b-70957965ac8a","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":257,"width":8,"height":5}},{"id":"3c2b51af-1961-43ab-ac7c-ced15eda771f","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":163,"y":268,"width":68,"height":6}},{"id":"d7e9154f-6a6c-46bb-9cb0-1dfd4f48106c","block_type":"box","text":"8.2","page_number":3,"box":{"x":439,"y":268,"width":13,"height":5}},{"id":"35b4bb67-f4a8-413d-be33-484aa1fe8faf","block_type":"box","text":"France","page_number":3,"box":{"x":163,"y":279,"width":28,"height":5}},{"id":"97352d2d-00b2-4da5-ae1b-b40745f09367","block_type":"box","text":"6.5","page_number":3,"box":{"x":439,"y":279,"width":13,"height":5}},{"id":"0fc1a08d-3c75-4564-ac55-74a26339eea9","block_type":"box","text":"Germany","page_number":3,"box":{"x":162,"y":290,"width":39,"height":6}},{"id":"307daa89-c824-4166-b6ec-3c9168e85d29","block_type":"box","text":"4.3","page_number":3,"box":{"x":439,"y":290,"width":13,"height":5}},{"id":"973c61bf-90ee-4b83-a80f-124b8f1c4786","block_type":"box","text":"Canada","page_number":3,"box":{"x":162,"y":301,"width":33,"height":5}},{"id":"19958571-afcd-4ceb-a4d7-d22343c78ec9","block_type":"box","text":"4.1","page_number":3,"box":{"x":439,"y":301,"width":13,"height":5}},{"id":"d2e7145f-429e-44ab-a9d4-081594722a0f","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":343,"width":55,"height":5}},{"id":"72b6df13-8ddd-43f8-b303-8839cda325b2","block_type":"box","text":"0.3","page_number":3,"box":{"x":441,"y":343,"width":12,"height":5}},{"id":"575ef41d-07e2-4365-b3f7-cbbaad7d1e0b","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":343,"width":8,"height":5}},{"id":"fc173b97-3fcb-498c-8078-415d8ac090f4","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":354,"width":44,"height":5}},{"id":"679a85a8-642a-43b4-9562-45ebd920ef84","block_type":"box","text":"42.8","page_number":3,"box":{"x":435,"y":354,"width":18,"height":5}},{"id":"21b01b4a-634d-45e2-9f75-fe1275f500c4","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":365,"width":51,"height":5}},{"id":"f2a933be-30ae-47b8-bc56-86c380f9bfd5","block_type":"box","text":"34.3","page_number":3,"box":{"x":435,"y":365,"width":18,"height":5}},{"id":"53b8f46f-02fc-4bbf-961c-22672607be1b","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":376,"width":56,"height":5}},{"id":"36599995-c9f9-4959-a036-b9706519ba54","block_type":"box","text":"7.3","page_number":3,"box":{"x":441,"y":376,"width":12,"height":5}},{"id":"8d7b26c2-0b35-4d4e-b5e0-0a1e46a295c3","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":387,"width":56,"height":5}},{"id":"a8899b35-8427-444f-87b8-e73ce0809dfc","block_type":"box","text":"4.4","page_number":3,"box":{"x":441,"y":387,"width":12,"height":5}},{"id":"90d194ce-118f-4e3c-9e14-48a0ed8f00b5","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":343,"width":56,"height":5}},{"id":"69f3560b-60ce-4e64-b22c-5903ab22aa4b","block_type":"box","text":"4.0","page_number":3,"box":{"x":786,"y":343,"width":13,"height":5}},{"id":"df8da349-1475-4d88-81d6-d39bed1d455c","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":343,"width":8,"height":5}},{"id":"d659fd27-a73b-42bc-b78f-f58a3604adf2","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":354,"width":60,"height":5}},{"id":"8359aac0-ef3f-4726-98cf-011863f609dd","block_type":"box","text":"7.0","page_number":3,"box":{"x":786,"y":354,"width":13,"height":5}},{"id":"bb9b94a6-fe12-4dd2-a4e8-1c726b55da0e","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":322,"width":240,"height":8}},{"id":"4169088c-99d7-47c7-bc72-825ead020185","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":410,"width":229,"height":8}},{"id":"a587335d-4a12-4cf0-86a3-50d94d31b451","block_type":"box","text":"AAA","page_number":3,"box":{"x":163,"y":432,"width":19,"height":5}},{"id":"bf9c8b9f-48a1-4d28-853d-64ed9cc41f13","block_type":"box","text":"0.7","page_number":3,"box":{"x":441,"y":432,"width":12,"height":5}},{"id":"7233ad57-93a4-4a80-84a4-ee6619607a43","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":432,"width":8,"height":5}},{"id":"5db6b3ae-d24a-4c31-944a-002daf4b816c","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":512,"y":432,"width":43,"height":5}},{"id":"3f9dc7a8-57f7-4c30-b2c9-0abf55cd41d9","block_type":"box","text":"0.5","page_number":3,"box":{"x":786,"y":432,"width":13,"height":5}},{"id":"c6ecb1d0-7631-4b7e-ac4c-8bc27ba166c3","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":432,"width":8,"height":5}},{"id":"9aa60deb-f4db-4363-8e64-aee6988c178d","block_type":"box","text":"AA","page_number":3,"box":{"x":163,"y":443,"width":12,"height":5}},{"id":"885acb74-22c3-4d9b-8a45-998f3451e65d","block_type":"box","text":"11.2","page_number":3,"box":{"x":435,"y":443,"width":18,"height":5}},{"id":"c1887fe2-665d-4c9b-926f-e3d19d1e1be0","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":454,"width":6,"height":5}},{"id":"2bd3395d-b815-441a-8634-94a52713727d","block_type":"box","text":"48.3","page_number":3,"box":{"x":435,"y":454,"width":18,"height":5}},{"id":"a8b4a99a-7491-4e1f-ba99-99cfa5eeae18","block_type":"box","text":"BBB","page_number":3,"box":{"x":164,"y":465,"width":17,"height":5}},{"id":"5c09f3cb-05a0-4608-b21d-3bced5a942ab","block_type":"box","text":"39.2","page_number":3,"box":{"x":435,"y":465,"width":18,"height":5}},{"id":"349fc9ff-307b-4551-a7e4-715229dbba13","block_type":"box","text":"Less than BBB","page_number":3,"box":{"x":164,"y":476,"width":61,"height":5}},{"id":"566a1aad-e78a-4aa8-b103-ac9b960183af","block_type":"box","text":"0.0","page_number":3,"box":{"x":441,"y":476,"width":12,"height":5}},{"id":"e9d986cc-8ddc-4a51-90e7-482bc35a86c8","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":96,"width":87,"height":6}},{"id":"fc02fc4a-3c7d-4350-8654-89e61b2828ed","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":97,"width":20,"height":6}},{"id":"6d021b41-b3c4-438c-b317-da1adcabf958","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":97,"width":47,"height":6}},{"id":"65a5b6d7-ec6b-4f3a-b97e-e4afd4cd1f9a","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":108,"width":73,"height":5}},{"id":"7fdd3b0b-52ab-427f-bc8b-c83485b282e1","block_type":"box","text":"5,182","page_number":3,"box":{"x":606,"y":108,"width":24,"height":6}},{"id":"2c541e60-45bb-4e83-9f0c-958563ebcd82","block_type":"box","text":"7,354","page_number":3,"box":{"x":788,"y":108,"width":23,"height":6}},{"id":"d8ef329a-38f9-4126-a03e-9954fdfa5f7a","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":119,"width":60,"height":6}},{"id":"d4b7ef57-3597-4446-8380-568741659171","block_type":"box","text":"5.28%","page_number":3,"box":{"x":603,"y":120,"width":27,"height":5}},{"id":"f741424f-2f9b-4c5d-80f9-29d6c40e4589","block_type":"box","text":"5.33%","page_number":3,"box":{"x":785,"y":120,"width":26,"height":5}},{"id":"ee16cc91-72a6-4ce2-8cfa-0128bccd84b7","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":131,"width":69,"height":7}},{"id":"976d4345-b625-4abe-8f05-a428b16e72e6","block_type":"box","text":"4.1%","page_number":3,"box":{"x":609,"y":131,"width":21,"height":5}},{"id":"ac5895a0-ccc9-431f-b74e-cd9894f62151","block_type":"box","text":"4.1%","page_number":3,"box":{"x":790,"y":131,"width":21,"height":5}},{"id":"952d1a80-ce51-471b-982f-c8026ca902bd","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":143,"width":76,"height":6}},{"id":"a80ab4a2-3e26-468a-97c0-7782592cc705","block_type":"box","text":"8.0 years","page_number":3,"box":{"x":592,"y":143,"width":38,"height":6}},{"id":"45a4a0de-2c04-4909-a29b-e7df7a07aaf5","block_type":"box","text":"8.0 years","page_number":3,"box":{"x":773,"y":143,"width":39,"height":6}},{"id":"49d54200-9e04-4913-9356-94b537a33e25","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":154,"width":67,"height":7}},{"id":"99b9eb1c-e9bf-4978-a654-ac48d6c4d3c5","block_type":"box","text":"A-","page_number":3,"box":{"x":621,"y":154,"width":9,"height":5}},{"id":"6846c7c1-29a3-484d-9882-fba3b8756ef8","block_type":"box","text":"A-","page_number":3,"box":{"x":802,"y":154,"width":10,"height":5}},{"id":"7c419751-b10b-4c4f-9fb6-43d0a58849ec","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":166,"width":74,"height":6}},{"id":"76a0716a-01fe-41d6-9bf9-643de0b0df90","block_type":"box","text":"5.3 years","page_number":3,"box":{"x":592,"y":166,"width":38,"height":6}},{"id":"5679f4b5-c330-461f-b4f3-9cd3ab249b9f","block_type":"box","text":"5.3 years","page_number":3,"box":{"x":773,"y":166,"width":39,"height":6}},{"id":"8053cc6b-b0cd-43ee-aa46-69e2155e5e41","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":177,"width":75,"height":5}},{"id":"a81c5801-3960-4be5-a587-862fe8234919","block_type":"box","text":"-0.8%","page_number":3,"box":{"x":605,"y":177,"width":25,"height":5}},{"id":"c5af04c5-568f-401a-a8ec-b46a6b63ea22","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":180,"width":7,"height":1}},{"id":"2cb02918-b350-4c17-97e1-8ca9efcd4888","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":189,"width":58,"height":5}},{"id":"da0f9342-42ef-499f-a258-bc2a23db5631","block_type":"box","text":"16%","page_number":3,"box":{"x":611,"y":189,"width":19,"height":5}},{"id":"04ff4466-eb22-4053-8eca-f14a3908b1dd","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":192,"width":7,"height":0}},{"id":"38c82185-9019-4a7b-9f55-d0b3ddd8b9b5","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":"dcdcce32-50c5-47c7-b528-a67eab6d08ea","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":202,"width":105,"height":5}},{"id":"3064f09a-901c-4ba0-aebf-38f06d868e0c","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":"3e21f21e-5a7a-491e-aafd-b786eaf1d74f","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":211,"width":168,"height":6}},{"id":"56f51811-9d08-4a07-8bd5-d22a4aec8ed1","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":"2a40a2d2-eacc-406b-adf9-dcd7edd2c9c9","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":"f38cb3f3-cd84-46eb-ab88-b491066455b6","block_type":"box","text":"Japan","page_number":3,"box":{"x":511,"y":257,"width":26,"height":6}},{"id":"6b07e3a4-677a-4533-b24e-d9b2418ed351","block_type":"box","text":"2.9","page_number":3,"box":{"x":786,"y":257,"width":13,"height":5}},{"id":"11d3f9d8-1bfc-4aaa-8661-92212942b560","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":257,"width":8,"height":5}},{"id":"93744db5-5a90-4c51-a1c1-7558cb3bb6d2","block_type":"box","text":"Spain","page_number":3,"box":{"x":511,"y":268,"width":24,"height":6}},{"id":"b53f2500-37e7-458e-853c-c4159d96985c","block_type":"box","text":"2.6","page_number":3,"box":{"x":786,"y":268,"width":13,"height":5}},{"id":"64d05008-0640-4960-a448-a2c7ea8566d3","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":512,"y":279,"width":51,"height":5}},{"id":"5fce1257-0eb0-44c3-b22e-cdd0ab303c1d","block_type":"box","text":"2.3","page_number":3,"box":{"x":786,"y":279,"width":12,"height":5}},{"id":"44e42ea1-9abb-4f8f-ada8-700d5046c039","block_type":"box","text":"Australia","page_number":3,"box":{"x":511,"y":290,"width":38,"height":5}},{"id":"bad023fb-662b-4d49-9bf1-8b2ec1edf6c7","block_type":"box","text":"1.5","page_number":3,"box":{"x":787,"y":290,"width":12,"height":5}},{"id":"4c84c5d6-1922-4b14-8907-d498f0e51e1e","block_type":"box","text":"Sweden","page_number":3,"box":{"x":511,"y":301,"width":34,"height":5}},{"id":"a8c3f549-35b9-4bc0-9107-c568d6695b8e","block_type":"box","text":"1.3","page_number":3,"box":{"x":787,"y":301,"width":11,"height":5}},{"id":"bc55057d-38c7-4c87-b945-76ad9feb35e9","block_type":"box","text":"Glossary for ETF attributes","page_number":3,"box":{"x":39,"y":678,"width":154,"height":8}},{"id":"5ce66a56-5a2a-403f-8584-51fee475ab99","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":"ad701e18-17e9-428e-8e33-e8f2a0eb10f7","block_type":"box","text":"ket or index average. These","page_number":3,"box":{"x":779,"y":693,"width":135,"height":8}},{"id":"f884e8da-73c3-48fc-a653-f034d6f4c1c7","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":"c8d22b8e-8432-44a0-8149-b2fbe2e15a2e","block_type":"box","text":"hose of the fund’s benchmark","page_number":3,"box":{"x":793,"y":702,"width":148,"height":6}},{"id":"115e389a-5b57-4cf9-b778-08782a11f94d","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":"c0c16e05-08a5-42dd-a63d-4bc12dbd8f93","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":726,"width":82,"height":7}},{"id":"3d61eb35-5bfd-4047-a0f2-3b5670242b01","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":"a49ac6d3-ea4d-468a-820c-99ad4745a3dc","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":739,"width":91,"height":8}},{"id":"54eb14e9-0d81-4d8b-b4ce-dfd8f6aa0764","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":"870c95a0-8c38-44cd-8dad-ecaef30dc8ba","block_type":"box","text":"hat the issuer may","page_number":3,"box":{"x":852,"y":739,"width":92,"height":8}},{"id":"abd2aaf8-ea54-4f81-b2c2-98b06dab6db7","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":"ffb273bd-2c9e-431a-abbf-e8b33decc569","block_type":"box","text":"ontracts held. In general, the longer","page_number":3,"box":{"x":764,"y":749,"width":177,"height":7}},{"id":"52bd5e05-9c21-4b1d-993f-e00536e9faad","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":"2da87721-18f3-47e2-a8c4-535f49a1198b","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":772,"width":81,"height":7}},{"id":"9658063f-b7c3-47b7-a49d-1c22961b5398","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":"0b2059ae-f3bc-4a23-a5b0-02a2d0373f68","block_type":"box","text":"e agencies make their","page_number":3,"box":{"x":818,"y":772,"width":108,"height":7}},{"id":"c6798d70-8ef3-4a05-8f0c-63e878bb6885","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":"f8850020-9970-49a7-818d-58f114b2f013","block_type":"box","text":"hy bond issuers.","page_number":3,"box":{"x":762,"y":781,"width":77,"height":8}},{"id":"5136fdc7-d316-4208-981c-6f8473ac458c","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":795,"width":88,"height":7}},{"id":"bcc37431-3aef-4f2d-a2d2-819985291333","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":"a9f6750b-3d9e-41ca-909a-c7a6cc494919","block_type":"box","text":"change,","page_number":3,"box":{"x":869,"y":795,"width":37,"height":7}},{"id":"85ed5275-3e4d-40b3-b329-4ea411cc45af","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":"fe488cf8-0b5a-4824-841c-abf7909882da","block_type":"box","text":"uration of five years would decline","page_number":3,"box":{"x":772,"y":804,"width":169,"height":8}},{"id":"81abfe27-98a8-496e-9b3a-3a1d40e9c35f","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":"f0e827b4-9ee3-4b1d-ac0d-4471b8cd0b1e","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":827,"width":72,"height":6}},{"id":"498dad20-4bcb-42af-93be-eb3f4ed0af02","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":"f15d2ff9-3744-452b-8bfb-e5a971eb256d","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":525,"width":186,"height":8}},{"id":"ad9ccf8c-3144-437f-94f7-4c7fb4f19c74","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":162,"y":548,"width":97,"height":7}},{"id":"3b5ab811-da00-473f-aac6-b0138f7d945b","block_type":"box","text":"49.4","page_number":3,"box":{"x":434,"y":548,"width":18,"height":5}},{"id":"c85fb0bd-fb9b-4c84-bd87-1bfa68042a68","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":548,"width":8,"height":5}},{"id":"143bc292-033a-422b-ba7d-f50654845ceb","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":162,"y":560,"width":140,"height":7}},{"id":"18638502-9136-477d-bf2d-2f1906e538de","block_type":"box","text":"48.3","page_number":3,"box":{"x":434,"y":560,"width":18,"height":5}},{"id":"0e94bccd-d005-4a31-848d-834aa5b7ec06","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":162,"y":572,"width":84,"height":7}},{"id":"c9d71818-3b10-4123-91d2-fc002c5ddf97","block_type":"box","text":"1.7","page_number":3,"box":{"x":440,"y":572,"width":12,"height":5}},{"id":"7455e547-510d-4a96-8083-dc0a438f7b46","block_type":"box","text":"Other","page_number":3,"box":{"x":162,"y":584,"width":25,"height":5}},{"id":"1317c28e-d0cc-4b2d-b7d0-3bd976baddac","block_type":"box","text":"1.0","page_number":3,"box":{"x":440,"y":584,"width":12,"height":5}},{"id":"fc85437f-b0d8-45f0-9aeb-ee2d6b82e1f9","block_type":"box","text":"Treasury/federal","page_number":3,"box":{"x":162,"y":596,"width":72,"height":7}},{"id":"3978b40f-b92b-42e1-951b-862845e3b55b","block_type":"box","text":"0.2","page_number":3,"box":{"x":439,"y":596,"width":13,"height":5}},{"id":"ab30d111-89b4-4e77-8f6d-a0f8e412d51d","block_type":"box","text":"Cash*","page_number":3,"box":{"x":510,"y":548,"width":25,"height":5}},{"id":"8b09fead-bdeb-41d8-bdde-78c0e4a60855","block_type":"box","text":"-0.8","page_number":3,"box":{"x":781,"y":548,"width":17,"height":5}},{"id":"d0f61528-61f2-43f4-9887-82cd5b117353","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":653,"width":90,"height":7}},{"id":"cb772d46-abd8-43a6-96ac-82b603273476","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":"29de7865-b1db-4843-a3ec-64f6c4028720","block_type":"box","text":"& Poor’s. When ratings from all","page_number":3,"box":{"x":779,"y":491,"width":155,"height":8}},{"id":"fb4c978f-b077-4d30-95f5-438a1bdf45ee","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":"c0971f4e-340c-4c23-86d1-4af921b258d2","block_type":"box","text":"g is available, that rating is used.","page_number":3,"box":{"x":781,"y":502,"width":163,"height":8}},{"id":"feb7e844-8d4e-4aea-9e1b-6bae61c10695","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":"f45505e5-013f-4717-bd1b-fb37271823f5","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":615,"width":114,"height":7}},{"id":"c6ad999e-432e-46ab-a4ed-e2ba8bcebdde","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":"7d225748-1b71-4995-a5f6-c3eea49b0ad8","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":625,"width":66,"height":6}},{"id":"86a324a4-9f1e-4243-8681-79380200a584","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":"029cde3e-a49b-4cbb-86e5-5052475a01d3","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":637,"width":33,"height":5}},{"id":"3c3b7d7c-74d2-448f-9d1f-0809a88fb09c","block_type":"box","text":"Benchmark:","page_number":4,"box":{"x":39,"y":123,"width":65,"height":6}},{"id":"309eea2e-b769-488e-bc56-d60cbf02cfd2","block_type":"box","text":"Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index in USD","page_number":4,"box":{"x":108,"y":123,"width":490,"height":8}},{"id":"04285523-86f0-446e-8e74-ed7d623a3099","block_type":"box","text":"Parent benchmark","page_number":4,"box":{"x":39,"y":136,"width":103,"height":6}},{"id":"8d1b54fc-61b9-444f-8ae7-805cac0c4af6","block_type":"box","text":"1","page_number":4,"box":{"x":145,"y":135,"width":2,"height":4}},{"id":"78c16428-669d-4139-b117-96cd6d2d8311","block_type":"box","text":":","page_number":4,"box":{"x":148,"y":138,"width":2,"height":4}},{"id":"80f9b215-c773-44ab-9054-129653ee5d17","block_type":"box","text":"Global Aggregate Float Adjusted Corporate","page_number":4,"box":{"x":155,"y":136,"width":250,"height":8}},{"id":"058cf84e-cd58-4ada-828d-8abc464b9694","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":"9838219d-f402-4ced-bcbf-0b208ff33688","block_type":"box","text":"As at 30 September 2026","page_number":4,"box":{"x":39,"y":84,"width":146,"height":7}},{"id":"9480240f-67f4-42e6-b02f-7a552bcb119d","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":4,"box":{"x":38,"y":13,"width":675,"height":19}},{"id":"7d1634fd-6b44-4524-9bb4-1465897191d5","block_type":"box","text":"USD Hedged Distributing","page_number":4,"box":{"x":40,"y":37,"width":214,"height":13}},{"id":"6a97f2b0-8c25-4caf-bb02-3e4949a58131","block_type":"box","text":"- An exchange-traded fund","page_number":4,"box":{"x":261,"y":37,"width":229,"height":13}},{"id":"0aabf268-ef96-4f1d-ae7a-f8a08aba699d","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":"d3e890f3-1add-4e5b-9452-9e626b89caaf","block_type":"box","text":"Climate metrics","page_number":4,"box":{"x":39,"y":167,"width":102,"height":7}},{"id":"75fc0bf2-28ab-4bd7-8021-1d8a88cb41c7","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":"41080d4e-edf0-4550-ad10-0d864c463ae5","block_type":"box","text":"tion about the","page_number":4,"box":{"x":884,"y":192,"width":81,"height":6}},{"id":"ccce96ff-7a36-4139-950a-73f351b027f1","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":"d20bb83b-13e8-440f-91a5-03c6e29f4b74","block_type":"box","text":"or how the fund","page_number":4,"box":{"x":863,"y":202,"width":90,"height":6}},{"id":"f494142d-eaa2-4f9b-a79e-d7cc50709bef","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":"45e01be6-27f3-4a1e-bd72-99a203cfea35","block_type":"box","text":"s investment","page_number":4,"box":{"x":855,"y":213,"width":72,"height":6}},{"id":"75f0001d-7601-40b6-9eb9-15510cf108cb","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":"3d138b85-3224-4564-a985-6190f35c4787","block_type":"box","text":"stment","page_number":4,"box":{"x":871,"y":224,"width":41,"height":5}},{"id":"ff8e67ca-c60d-4c06-85ed-f72d0a92998f","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":"6df91d60-215c-420e-b710-0d0d44b7499b","block_type":"box","text":"Metric","page_number":4,"box":{"x":39,"y":276,"width":32,"height":6}},{"id":"16fe2c17-e888-4ef3-94c7-fe54e7eef0b0","block_type":"box","text":"Definition","page_number":4,"box":{"x":173,"y":276,"width":49,"height":6}},{"id":"fb29fba9-dc14-4676-8bfb-a7f7a5eab510","block_type":"box","text":"2","page_number":4,"box":{"x":223,"y":275,"width":3,"height":4}},{"id":"a976bb60-5b87-4aea-8b6c-2dc3d5e15fdd","block_type":"box","text":"Purpose","page_number":4,"box":{"x":324,"y":276,"width":41,"height":7}},{"id":"348436c6-218a-4c47-a6e3-b74747e30b13","block_type":"box","text":"Fund","page_number":4,"box":{"x":642,"y":276,"width":24,"height":6}},{"id":"44e05ca3-5a80-4794-8b6a-b03f116650ca","block_type":"box","text":"Fund coverage","page_number":4,"box":{"x":690,"y":276,"width":73,"height":7}},{"id":"63267b4d-c2e7-451d-80d8-ad721a32b35b","block_type":"box","text":"3","page_number":4,"box":{"x":763,"y":275,"width":4,"height":4}},{"id":"d95bcd56-a98a-4e5d-837e-62e62518637b","block_type":"box","text":"Parent benchmark","page_number":4,"box":{"x":781,"y":276,"width":93,"height":6}},{"id":"69e7373f-66e2-479d-82c9-f49f6d48d499","block_type":"box","text":"Parent","page_number":4,"box":{"x":934,"y":255,"width":35,"height":6}},{"id":"c6fa3a6c-d790-4372-ad5c-d7ebb736d031","block_type":"box","text":"benchmark","page_number":4,"box":{"x":913,"y":265,"width":55,"height":6}},{"id":"a9f699ad-73db-4bf0-aeb0-75f52366d995","block_type":"box","text":"coverage","page_number":4,"box":{"x":923,"y":278,"width":45,"height":5}},{"id":"13ca6d04-e95c-4aaf-87e8-cd7fc919a2c8","block_type":"box","text":"Fund scope 1 emissions","page_number":4,"box":{"x":39,"y":291,"width":116,"height":8}},{"id":"c22129d5-87d1-4810-808f-7ed75983a9a1","block_type":"box","text":"(tCO2e)","page_number":4,"box":{"x":39,"y":302,"width":40,"height":7}},{"id":"43bef36d-7f7e-40c1-8876-af3cd5dd3ddb","block_type":"box","text":"Direct greenhouse gas","page_number":4,"box":{"x":173,"y":291,"width":110,"height":8}},{"id":"b58a6cde-d153-4bcc-8dac-8b44b3f6395a","block_type":"box","text":"(GHG) emissions associated","page_number":4,"box":{"x":173,"y":302,"width":139,"height":7}},{"id":"d8309808-69c9-42e6-929f-438e6549f968","block_type":"box","text":"with a fund's investments.","page_number":4,"box":{"x":172,"y":312,"width":133,"height":6}},{"id":"c34b1f73-e420-4b0c-aab3-f5ea4d19edcb","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":"98060f40-3dc9-44ce-b84b-e0f3531e289e","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":"b8ff0816-ce95-461e-b5bf-342631c88fdc","block_type":"box","text":"portfolio companies (e.g., emissions from","page_number":4,"box":{"x":324,"y":312,"width":205,"height":7}},{"id":"a6255c7c-442b-4c14-828d-3bae8dfc348d","block_type":"box","text":"combustion in owned or controlled boilers,","page_number":4,"box":{"x":324,"y":322,"width":209,"height":7}},{"id":"7611e6b7-e989-425f-a940-b8b63f0f0497","block_type":"box","text":"furnaces, vehicles etc.).","page_number":4,"box":{"x":324,"y":332,"width":115,"height":8}},{"id":"838e0dbd-e336-4db0-858d-261f85e6a0ee","block_type":"box","text":"13,320","page_number":4,"box":{"x":629,"y":291,"width":34,"height":7}},{"id":"b1eee3be-abb6-43ba-8380-b4f07ac144ce","block_type":"box","text":"96","page_number":4,"box":{"x":741,"y":291,"width":12,"height":6}},{"id":"dccd5e15-7198-4482-9a00-f538013217cf","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":291,"width":9,"height":6}},{"id":"1acb36d0-493a-4232-baac-cac5c093619b","block_type":"box","text":"—","page_number":4,"box":{"x":862,"y":295,"width":8,"height":0}},{"id":"7c2536b8-0726-4672-b434-9ced15dc297a","block_type":"box","text":"—","page_number":4,"box":{"x":957,"y":295,"width":8,"height":0}},{"id":"952bfbbf-a671-4d2a-9666-9384b8a881ea","block_type":"box","text":"Fund scope 2 emissions","page_number":4,"box":{"x":39,"y":348,"width":116,"height":7}},{"id":"69b855cc-00ba-4be4-a544-d3989e53679a","block_type":"box","text":"(tCO2e)","page_number":4,"box":{"x":39,"y":358,"width":40,"height":7}},{"id":"1e40d026-5876-4238-8683-7673012b6ac6","block_type":"box","text":"Indirect GHG emissions","page_number":4,"box":{"x":173,"y":348,"width":115,"height":6}},{"id":"6f9f8510-3156-48d1-b594-5b68d4341139","block_type":"box","text":"associated with the fund's","page_number":4,"box":{"x":172,"y":358,"width":133,"height":6}},{"id":"f907ec23-14dd-4675-935f-bb84a3d704e9","block_type":"box","text":"investments.","page_number":4,"box":{"x":173,"y":369,"width":63,"height":5}},{"id":"265c39e7-988d-410f-addd-dbf295c2932a","block_type":"box","text":"To understand the GHG emissions from the","page_number":4,"box":{"x":324,"y":348,"width":217,"height":6}},{"id":"a5466f43-f469-4c60-a3a7-e51e965fcdcc","block_type":"box","text":"generation of purchased or acquired electricity,","page_number":4,"box":{"x":324,"y":358,"width":235,"height":8}},{"id":"6e939db2-8abf-4382-9233-5f7e366a356d","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":"ba31d053-27e6-4dec-9569-0bfcbd1c5e78","block_type":"box","text":"portfolio companies (e.g., emissions that","page_number":4,"box":{"x":324,"y":378,"width":203,"height":8}},{"id":"f33a08f4-52d9-499d-bf40-5b6d3e95b792","block_type":"box","text":"physically occur at the facility where the","page_number":4,"box":{"x":324,"y":389,"width":200,"height":7}},{"id":"d35a1637-c1d6-4daa-955d-e60ea1481c2a","block_type":"box","text":"electricity, steam, heating or cooling is","page_number":4,"box":{"x":324,"y":399,"width":191,"height":8}},{"id":"70708d91-04cd-4186-9531-8b8c9bd44833","block_type":"box","text":"generated).","page_number":4,"box":{"x":324,"y":409,"width":58,"height":8}},{"id":"74852268-2700-4c81-9407-e2254f93d123","block_type":"box","text":"6,144","page_number":4,"box":{"x":635,"y":348,"width":28,"height":7}},{"id":"389479f6-ed86-4544-bd09-7aa5a3ac3648","block_type":"box","text":"96","page_number":4,"box":{"x":741,"y":348,"width":12,"height":6}},{"id":"725d49fd-d0ea-43ab-88f2-8b0bc09571ec","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":348,"width":9,"height":6}},{"id":"cb48d6ab-921f-4f4a-8ce0-2366963ec710","block_type":"box","text":"—","page_number":4,"box":{"x":862,"y":351,"width":8,"height":1}},{"id":"59fb4c98-7c2a-4ef9-9ac8-1907c7101541","block_type":"box","text":"—","page_number":4,"box":{"x":957,"y":351,"width":8,"height":1}},{"id":"1f7f1e9f-aa5a-44d2-a730-7ea1393934db","block_type":"box","text":"Total carbon footprint","page_number":4,"box":{"x":38,"y":425,"width":112,"height":7}},{"id":"f65ea57d-194d-43bc-bbc2-5585f8b624dd","block_type":"box","text":"(tCO2e/$M invested)","page_number":4,"box":{"x":39,"y":434,"width":107,"height":8}},{"id":"7df78122-28b3-4e72-8ef7-24bb7ab802dc","block_type":"box","text":"Total carbon emissions for a","page_number":4,"box":{"x":172,"y":425,"width":141,"height":6}},{"id":"cec1a9c3-fb97-421d-89e2-13ac8b2aef80","block_type":"box","text":"portfolio normalized by the","page_number":4,"box":{"x":173,"y":435,"width":134,"height":8}},{"id":"6f732795-5d60-47ab-aaf2-8cf7eaee55da","block_type":"box","text":"market value of the","page_number":4,"box":{"x":173,"y":445,"width":97,"height":6}},{"id":"b1ea7b5c-f7c0-4a55-b7e0-39fdabce0770","block_type":"box","text":"portfolio.","page_number":4,"box":{"x":173,"y":455,"width":45,"height":8}},{"id":"dacf79b7-efc7-437a-9393-84e82770169c","block_type":"box","text":"To understand how much carbon emissions the","page_number":4,"box":{"x":324,"y":425,"width":234,"height":6}},{"id":"54b901aa-f588-4585-866b-e07861c1fa10","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":"04fe052c-f0a0-4b5c-acad-5a315361871d","block_type":"box","text":"invested. This metric allows investors to compare","page_number":4,"box":{"x":324,"y":445,"width":245,"height":8}},{"id":"ce564f8a-36f2-4a47-a2c2-10124200f185","block_type":"box","text":"portfolios of various sizes.","page_number":4,"box":{"x":324,"y":455,"width":129,"height":8}},{"id":"bab2fb28-9e42-4505-905c-21f05d55f7ea","block_type":"box","text":"12.82","page_number":4,"box":{"x":635,"y":425,"width":27,"height":6}},{"id":"2872b3d3-027f-4bd3-997b-72f88df75e75","block_type":"box","text":"99","page_number":4,"box":{"x":741,"y":425,"width":12,"height":6}},{"id":"89293fb1-d8d1-4b06-a6b2-ebff44071a92","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":425,"width":9,"height":6}},{"id":"73e1d474-3c9d-4791-8b59-cd4cead04083","block_type":"box","text":"60.48","page_number":4,"box":{"x":842,"y":425,"width":28,"height":6}},{"id":"cd623f28-a9ba-482b-bf71-b902b2ac7d28","block_type":"box","text":"95","page_number":4,"box":{"x":943,"y":425,"width":11,"height":6}},{"id":"3ba72a20-139b-4f12-a5f8-920a97bec03a","block_type":"box","text":"%","page_number":4,"box":{"x":956,"y":425,"width":9,"height":6}},{"id":"6bbc0a52-d1f9-40fa-967d-13f2e3f106f7","block_type":"box","text":"Weighted average","page_number":4,"box":{"x":38,"y":471,"width":92,"height":8}},{"id":"820b75a5-59fe-48ad-92c6-9935d1655ba3","block_type":"box","text":"carbon intensity","page_number":4,"box":{"x":39,"y":481,"width":80,"height":8}},{"id":"881e8cec-74e2-43b9-a9d4-d3a04d056fc4","block_type":"box","text":"(tCO2e/$M revenue).","page_number":4,"box":{"x":39,"y":491,"width":107,"height":8}},{"id":"57c9cf31-a135-4dfc-b7fe-d7dc0f4da4e4","block_type":"box","text":"Portfolio’s exposure to","page_number":4,"box":{"x":173,"y":471,"width":112,"height":7}},{"id":"05f7fd59-91b3-49d9-9d59-7fec462a292c","block_type":"box","text":"carbon-intensive","page_number":4,"box":{"x":172,"y":481,"width":83,"height":6}},{"id":"79ddfa6e-1262-4142-a2a3-526799d9830a","block_type":"box","text":"companies.","page_number":4,"box":{"x":172,"y":492,"width":56,"height":7}},{"id":"bd488779-f612-4b5a-b2cb-6167372d4428","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":"2adf0978-5e03-4c4e-98b3-def76e5942d8","block_type":"box","text":"asset classes (e.g., carbon-intensive portfolios","page_number":4,"box":{"x":324,"y":481,"width":229,"height":8}},{"id":"d652b0cf-c08c-46ad-aa37-5f2e2906829d","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":"7ab37a7e-9bf3-456f-9c14-b04e8bd25090","block_type":"box","text":"like increased regulations leading to higher costs","page_number":4,"box":{"x":324,"y":502,"width":241,"height":7}},{"id":"1d3df01a-164c-4ba7-8309-80a1f03592b9","block_type":"box","text":"either via taxation or operational changes).","page_number":4,"box":{"x":324,"y":512,"width":215,"height":8}},{"id":"f2d13546-f77e-42b9-aac9-407f948e60b2","block_type":"box","text":"33.62","page_number":4,"box":{"x":635,"y":471,"width":27,"height":6}},{"id":"1c8d5d0c-2958-4164-a701-14e03d157783","block_type":"box","text":"99","page_number":4,"box":{"x":741,"y":471,"width":12,"height":6}},{"id":"174595a6-ce04-4e5b-80a1-50332fdce4ef","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":471,"width":9,"height":6}},{"id":"7976c0e3-13ab-40cb-a5a6-834c61102a9c","block_type":"box","text":"199.70","page_number":4,"box":{"x":836,"y":471,"width":34,"height":6}},{"id":"3ed2ceef-89b2-4518-8673-014f2975dad5","block_type":"box","text":"96","page_number":4,"box":{"x":943,"y":471,"width":12,"height":6}},{"id":"8a7530e4-c6e0-4c4d-9ed5-c9c6851c15d3","block_type":"box","text":"%","page_number":4,"box":{"x":956,"y":471,"width":9,"height":6}},{"id":"cc8dfa7e-66b5-4e0d-9aba-4bd58a3eb664","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":"09280e8c-676a-4441-a419-096e041204ba","block_type":"box","text":"4","page_number":4,"box":{"x":749,"y":527,"width":4,"height":3}},{"id":"d9cfa72f-9268-44ba-af73-96863694b5f4","block_type":"box","text":".","page_number":4,"box":{"x":754,"y":532,"width":1,"height":1}},{"id":"3eabeca2-b971-4b70-9ffd-7990caea9a58","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":"b029b4aa-f662-4c18-8d4a-ae074d1a0b63","block_type":"box","text":"Vanguard","page_number":5,"box":{"x":37,"y":32,"width":140,"height":20}},{"id":"722f4fa5-91da-4542-9d0f-591a0bdf2cd4","block_type":"box","text":"ESG Global Corporate Bond UCITS ETF","page_number":5,"box":{"x":188,"y":32,"width":563,"height":19}},{"id":"b49d4b2a-4695-46d1-9a0b-aa51137eeb9c","block_type":"box","text":"USD Hedged Distributing","page_number":5,"box":{"x":38,"y":57,"width":214,"height":13}},{"id":"779849a1-de40-4dd7-b13d-6ed79357863e","block_type":"box","text":"- An exchange-traded fund","page_number":5,"box":{"x":259,"y":57,"width":229,"height":13}},{"id":"bf2c0428-ae3b-44ac-8be0-ad14ad3277d6","block_type":"box","text":"As at 30 September 2026","page_number":5,"box":{"x":39,"y":104,"width":146,"height":8}},{"id":"d238997a-253a-4dc7-ae18-18d2c686a683","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":"78733602-9b7d-4237-927c-fc303803e525","block_type":"box","text":"ill","page_number":5,"box":{"x":897,"y":531,"width":7,"height":6}},{"id":"467e9755-51b3-4111-b510-035ec4550dda","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":"8849f26f-9f6e-402c-87cc-97aa3358904f","block_type":"box","text":"nt of a","page_number":5,"box":{"x":871,"y":542,"width":37,"height":6}},{"id":"275d4179-7a0d-4850-aecf-5feb585fa9d8","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":"14a48eb8-e720-47b6-8a1b-1423f6b1df8e","block_type":"box","text":"other funds","page_number":5,"box":{"x":857,"y":552,"width":65,"height":6}},{"id":"ae37976a-82d3-4220-8ec5-b10141331f08","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":"23686ba1-e353-4df6-a2b0-5298496c3cb2","block_type":"box","text":"t the beliefs","page_number":5,"box":{"x":858,"y":563,"width":67,"height":6}},{"id":"f8757537-90b5-452e-8f9e-1c55979122b9","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":"a1aea316-d844-40f0-a366-6b005eab64d3","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":"cd8961b6-3018-4486-a710-88a3ee5d8225","block_type":"box","text":"ndex","page_number":5,"box":{"x":900,"y":584,"width":25,"height":6}},{"id":"fad718ab-5c64-473b-b282-1dd267c2e5b8","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":"c343629a-b329-47df-8c61-369a3bb1df63","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":"818e63a1-f987-42ff-bd85-ea771d1f0085","block_type":"box","text":"SE.","page_number":5,"box":{"x":915,"y":616,"width":18,"height":5}},{"id":"b83dc33d-4cb0-4177-9375-cd859b56a03c","block_type":"box","text":"1","page_number":5,"box":{"x":39,"y":637,"width":3,"height":5}},{"id":"589db959-fa21-450f-89ea-930ad515d345","block_type":"box","text":"Parent Benchmark","page_number":5,"box":{"x":47,"y":637,"width":94,"height":6}},{"id":"b77a1614-1d75-4b55-bc9f-578b730b1822","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":"65fafe04-a63f-41a6-a0c3-cf2bc4c1ab2b","block_type":"box","text":"eria.","page_number":5,"box":{"x":889,"y":637,"width":20,"height":6}},{"id":"d2328f59-59a2-40cb-9695-475152bf0301","block_type":"box","text":"2 Metrics are aligned to the","page_number":5,"box":{"x":39,"y":656,"width":155,"height":7}},{"id":"938764d6-5cf4-4cda-8d3d-8225aff1cc60","block_type":"box","text":"TCFD’s 2021 implementation guidance","page_number":5,"box":{"x":197,"y":656,"width":219,"height":7}},{"id":"1a0e1a24-7855-409d-8baf-28cc3041e4e3","block_type":"box","text":"and the methodology of the","page_number":5,"box":{"x":420,"y":656,"width":158,"height":7}},{"id":"c98ac0be-cb47-4aa5-8574-343e7b9f2b13","block_type":"box","text":"Partnership for Carbon Accounting Financials (PCAF)","page_number":5,"box":{"x":582,"y":656,"width":304,"height":7}},{"id":"f4f8fa78-fddc-4de4-b46a-6c0e898f5c44","block_type":"box","text":".","page_number":5,"box":{"x":886,"y":661,"width":2,"height":1}},{"id":"97727e35-ae7e-48d3-903c-5e2e6f1cd677","block_type":"box","text":"Fund scope 1","page_number":5,"box":{"x":39,"y":666,"width":69,"height":8}},{"id":"95f0f587-3db7-4feb-86d6-c1fe15485097","block_type":"box","text":"emissions","page_number":5,"box":{"x":112,"y":666,"width":54,"height":6}},{"id":"4857bd8b-a498-466f-8d10-489ff7eff2bd","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":"25649469-d93f-4bda-af71-b8c02ce6754d","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":"4f3f02f6-fa95-4799-b78d-f2cff84f549a","block_type":"box","text":"Fund scope 2","page_number":5,"box":{"x":731,"y":677,"width":72,"height":7}},{"id":"58bd4a0f-be2d-4456-b2dc-97a0add15f10","block_type":"box","text":"emissions","page_number":5,"box":{"x":806,"y":677,"width":54,"height":6}},{"id":"97587b0f-49d7-4c66-8023-5432c4c7602f","block_type":"box","text":"are","page_number":5,"box":{"x":863,"y":679,"width":18,"height":4}},{"id":"650f440f-c7ce-4512-8c66-57feca92890a","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":"2cc50e4d-d197-44dd-b7f0-9dd325a4bb2f","block_type":"box","text":",","page_number":5,"box":{"x":899,"y":692,"width":1,"height":2}},{"id":"be77f11e-7ec8-48fb-8ac9-e4c1628cafdb","block_type":"box","text":"expressed in tCO2e.","page_number":5,"box":{"x":39,"y":698,"width":112,"height":7}},{"id":"0aa1b11e-9751-4652-b896-ef4707f149e4","block_type":"box","text":"Total carbon footprint","page_number":5,"box":{"x":158,"y":698,"width":126,"height":7}},{"id":"2b80d21f-3816-466e-a8a3-e28e0365f3e8","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":"499bc9d1-17ea-417b-b61a-8d3a0b2f2346","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":"b7375ca7-7c51-47e6-9e7c-a843c9aee650","block_type":"box","text":"Weighted average carbon","page_number":5,"box":{"x":749,"y":708,"width":145,"height":8}},{"id":"afa3cf76-9f83-4f5f-895f-2357aed3c1e0","block_type":"box","text":"intensity (WACI)","page_number":5,"box":{"x":39,"y":719,"width":96,"height":8}},{"id":"78d45f92-375c-4a7e-9bc9-03f6f15c66c5","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":"aab2e998-fc60-4e4e-8203-a196a7709d60","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":"1f6e2ba9-7568-48e4-9d74-54d7ea2c42c7","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":"3da91d2a-f860-4f18-bb86-65fbcb14c2a6","block_type":"box","text":"of","page_number":5,"box":{"x":918,"y":746,"width":12,"height":6}},{"id":"dd9d578a-ae30-40d5-aec1-033cfa4b52c7","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":"2791b3c1-5d09-46e7-bf16-8af01b6ab489","block_type":"box","text":", the","page_number":5,"box":{"x":875,"y":757,"width":24,"height":7}},{"id":"7b7d6225-befb-41d5-8643-cd4ef558d016","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":"6ae71c58-ed7f-4f71-8e38-25c39f2c5c46","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":"4f4ad8d2-aa28-464a-8c69-309ec643dcfc","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":"363b5177-9334-485b-995c-cc62d42d08bd","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":"3d7e4f8f-9ce2-4b9d-a153-70878fcbb8d8","block_type":"box","text":"out","page_number":5,"box":{"x":863,"y":810,"width":18,"height":6}},{"id":"a56b9264-8ff3-4b57-9704-b4370e6b1638","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":"6b3fd69e-e6d8-44c6-af04-5f31032408a9","block_type":"box","text":"Information”)","page_number":5,"box":{"x":843,"y":820,"width":77,"height":7}},{"id":"7cc9f510-371c-4f50-a3a9-6f5d3324b744","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":"3749a58a-91df-4d9c-a1d3-dfcb5267e0ab","block_type":"box","text":"and","page_number":5,"box":{"x":898,"y":831,"width":20,"height":6}},{"id":"85cedd77-ba58-4fde-b1c1-3e6adfd0830f","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":"67ee37ab-81fa-4ac7-a363-a74767c45fc0","block_type":"box","text":"y be used","page_number":5,"box":{"x":881,"y":841,"width":52,"height":8}},{"id":"88456ca4-bb19-405b-8020-6b5b6832da8a","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":"cd361335-22b7-4ad8-a926-1af59daa51c4","block_type":"box","text":"ments","page_number":5,"box":{"x":896,"y":853,"width":34,"height":5}},{"id":"c9dc8764-9cd1-4ebc-8d30-65b1663e39d4","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":"1a148722-8c8c-4cee-9193-52ea57549f54","block_type":"box","text":"ell them.","page_number":5,"box":{"x":869,"y":862,"width":47,"height":6}},{"id":"56b69a59-e963-4f92-b5d6-b3b7911617b0","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":"a737ae46-a86c-4455-bd7e-644591cf06e6","block_type":"box","text":"rect, special,","page_number":5,"box":{"x":854,"y":873,"width":69,"height":8}},{"id":"3e0f7e0b-ab95-4aae-b579-5e172bbfdd97","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":"22ab9a31-2d9e-4e6b-9e9d-f3327aa2d28c","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":"e2f88fe2-37e3-4552-8659-5a83e278d220","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":"70c41f53-1fd3-4e97-aa3b-c0804a602de4","block_type":"box","text":"Vanguard ESG Global Corporate Bond UCITS ETF","page_number":6,"box":{"x":38,"y":34,"width":715,"height":19}},{"id":"ebe02edf-6cce-48cd-a6ba-2aac20bdfa8b","block_type":"box","text":"USD Hedged Distributing - An exchange-traded fund","page_number":6,"box":{"x":40,"y":60,"width":450,"height":13}},{"id":"c0e7a567-ecb1-47f8-a28e-7e44c4171c19","block_type":"box","text":"9479EN_092026","page_number":6,"box":{"x":895,"y":972,"width":71,"height":6}},{"id":"a5f024ea-56c6-4253-a644-78461477d122","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":"5d83465e-b474-48c3-a540-32e0e2a53295","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":"b4e9b37a-78cb-4c18-b1a8-0e9b01b6a232","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":"dfad2fa8-2330-43bc-9b83-f3e9816a6dd0","block_type":"box","text":"Web: http://global.vanguard.com","page_number":6,"box":{"x":38,"y":341,"width":169,"height":8}},{"id":"e04a8488-3133-4bc9-90ec-bf4b40bc117d","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":"fe245fb5-f531-42a9-9808-b6a45eabacfa","block_type":"box","text":"Email:","page_number":6,"box":{"x":39,"y":363,"width":30,"height":6}},{"id":"3967f09a-d95e-4154-94ca-437c38154f3a","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":6,"box":{"x":73,"y":363,"width":209,"height":7}},{"id":"878ea058-12b1-45bb-ba18-aee6caf5cf64","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":"1ca05f03-f60c-4598-81cd-d2720be0aa79","block_type":"box","text":"Important information","page_number":6,"box":{"x":39,"y":385,"width":114,"height":8}},{"id":"643a0780-a9fb-4780-ab5b-930fbf38cdef","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":"1a8b7f0d-b330-490f-aeab-1ff17a0ed83e","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":"6e580878-b862-4a27-9f9e-b1e913919392","block_type":"box","text":"al investment decisions. The KIID","page_number":6,"box":{"x":785,"y":416,"width":162,"height":6}},{"id":"4b579104-3b23-40d0-992a-74daf2dfbadf","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":"98d758d8-3ce7-4701-ba42-71cf627d7719","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":"2127eb5a-13bf-4472-a5b8-c5d91c71403d","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":"6b809475-cd48-4693-8503-245a47ca65a8","block_type":"box","text":"risdiction where such an offer or","page_number":6,"box":{"x":748,"y":452,"width":161,"height":7}},{"id":"e5e86182-a810-4e0e-84cf-bc24e9ee8e81","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":"0004f799-b1cf-45c1-b28b-65f28bb633f8","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":"84ab9f43-65df-46c2-8c08-2bf5dc702a8a","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":"99d3b0d1-8cd3-4255-93e0-def432f10be3","block_type":"box","text":"heir professional advisers on the","page_number":6,"box":{"x":773,"y":471,"width":160,"height":8}},{"id":"71294ca1-29c2-4561-9274-7b0f3a074719","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":"f2595558-6f5d-459b-a3c0-927d58dda417","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":"1677d76b-0f39-4c8c-98e6-67349f680af1","block_type":"box","text":"countries and the UK. Prospective","page_number":6,"box":{"x":761,"y":494,"width":168,"height":8}},{"id":"6914f717-0980-4253-9364-6d970e28b4cc","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":"673b3d32-0756-4d3b-a8e1-b05278aa20b8","block_type":"box","text":"rs on the implications of making an","page_number":6,"box":{"x":781,"y":504,"width":173,"height":7}},{"id":"0ccf7cf8-ebc8-41c8-b1bf-8ab52312e273","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":"ccd52e92-c0de-4148-b0fa-13cae809ab59","block_type":"box","text":"s in which they are liable to","page_number":6,"box":{"x":780,"y":513,"width":134,"height":8}},{"id":"7c1f1b38-b924-4255-8678-516905dc5d9b","block_type":"box","text":"taxation.","page_number":6,"box":{"x":38,"y":523,"width":45,"height":6}},{"id":"38971418-7537-477e-9bbe-c1df659d88e7","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":"09a7ea06-9591-480a-9bb2-efb554d72d6f","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":"9e1d0cf1-3ed2-4ce1-92e2-f8e8e92319ec","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":"22a4a5f1-de70-4e3e-912a-b85141f325e5","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":"b71d9a52-83eb-435f-a1d0-113e8be704ad","block_type":"box","text":"ccordance with the UCITS","page_number":6,"box":{"x":813,"y":573,"width":129,"height":6}},{"id":"09d5cfdb-255b-4b37-bc1a-9dce002951e1","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":"2c309b3d-0f33-4d9e-aece-ac9600e46aa1","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":"c00b863b-fe1b-4729-980d-b6b141ae9140","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":"9c81f757-a352-47af-957d-fd2b6819edb0","block_type":"box","text":"rman, French, Spanish,","page_number":6,"box":{"x":831,"y":606,"width":112,"height":7}},{"id":"2b6aab5f-ac30-4105-b537-f4101e3ae210","block_type":"box","text":"Dutch and Italian.","page_number":6,"box":{"x":39,"y":615,"width":88,"height":6}},{"id":"7e9e635a-0086-498a-900f-4ed56259f47d","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":"4834c633-3597-429e-bd5d-db15c64269aa","block_type":"box","text":"liates, “MSCI”), used under","page_number":6,"box":{"x":789,"y":642,"width":133,"height":8}},{"id":"18bfda17-6dac-4cf3-8548-f3cc78edd720","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":"56ed1ce7-f394-4d44-97b7-b2a446fc6cce","block_type":"box","text":"rator (“BISL”), or Bloomberg’s licensors,","page_number":6,"box":{"x":734,"y":652,"width":198,"height":7}},{"id":"a2f1d5d1-8f62-46ab-9eec-30c1c78b5ad5","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":"a5e51f46-ea5c-49ed-9066-8d4c1337ff7e","block_type":"box","text":"MSCI approves, endorses,","page_number":6,"box":{"x":796,"y":661,"width":127,"height":8}},{"id":"12dd6267-7c56-4bcd-802a-e27d862a8f59","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":"6da6bfd2-a50b-42a4-8637-4fa4b9b2c25e","block_type":"box","text":"information relating to","page_number":6,"box":{"x":833,"y":671,"width":114,"height":7}},{"id":"062f3977-374f-4b82-8d7a-5ca94319989d","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":"f809d747-8fa0-4f2b-a66a-a359ce056034","block_type":"box","text":"uracy of the Bloomberg indices or","page_number":6,"box":{"x":779,"y":680,"width":166,"height":8}},{"id":"3da1edc5-f6ef-4b1f-be97-66d18b3a63c9","block_type":"box","text":"any data included therein.","page_number":6,"box":{"x":39,"y":689,"width":128,"height":8}},{"id":"987beccb-4a31-4f72-98b7-d536ce4dd8cd","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":"beceeb35-44fb-4353-b49e-b237bdab7d04","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":"ef688666-cf99-47a1-aec6-0abe8ebd8f3f","block_type":"box","text":"SEDOL Masterfile®.","page_number":6,"box":{"x":368,"y":718,"width":98,"height":6}},{"id":"876ec01b-1947-4e66-851e-d0a47199b7a7","block_type":"box","text":"Investment risk information","page_number":6,"box":{"x":39,"y":86,"width":156,"height":6}},{"id":"21e564fa-7411-42b7-8b24-704ee6ccffd8","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":"19a47bb4-c80b-4e23-87bf-30c296b8251d","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":"98dc552b-142c-482b-81e6-896c231a5fcd","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":"a2449867-638f-477e-a103-4ef67f8cae73","block_type":"box","text":"fall.","page_number":6,"box":{"x":799,"y":128,"width":17,"height":6}},{"id":"3271e2ad-718b-4ddc-968a-5805fff384c4","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":"ac9d25ad-d455-4f1d-ad9f-875895b7d50e","block_type":"box","text":"of income may fluctuate.","page_number":6,"box":{"x":767,"y":141,"width":124,"height":8}},{"id":"d44a9b3b-081d-4616-ae3d-0f0af09e07d8","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":"bb984a49-8649-4377-afc4-3f50a3fb43b3","block_type":"box","text":"may carry greater credit risk","page_number":6,"box":{"x":774,"y":151,"width":141,"height":7}},{"id":"6319f8bb-c0c3-4a09-8a12-f3c238df077f","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":"d13ae418-df8f-44b3-8d0d-cf5220bc77c6","block_type":"box","text":"terest rates are likely to","page_number":6,"box":{"x":792,"y":160,"width":118,"height":8}},{"id":"92804b5b-f983-45f2-b3ab-09ba364a94a7","block_type":"box","text":"affect the capital value of bonds.","page_number":6,"box":{"x":39,"y":169,"width":164,"height":8}},{"id":"0f952ba3-9de8-412a-9dd9-d75b41f83cbf","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":"fd819c22-5f4a-4918-a416-7327983a8ecd","block_type":"box","text":"dered fully before","page_number":6,"box":{"x":792,"y":183,"width":87,"height":8}},{"id":"3884d425-438b-4fd7-9e93-20c69f5f603b","block_type":"box","text":"investing.","page_number":6,"box":{"x":39,"y":193,"width":46,"height":7}},{"id":"4ef6074b-18b0-4bbe-befd-a0e06abad579","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":"8a01c172-9f3c-4a2c-a6a2-0247d6eb5962","block_type":"box","text":"exposure to underlying","page_number":6,"box":{"x":785,"y":206,"width":112,"height":8}},{"id":"74728f35-5954-45ff-a32e-acb5cacaa14a","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":"a15d7c3e-c9df-4b77-bbe0-57bc6d1fb7af","block_type":"box","text":"a financial asset (such as a share,","page_number":6,"box":{"x":748,"y":216,"width":167,"height":7}},{"id":"1241c567-07ae-4d2c-9902-cc1fc5e1ea4e","block_type":"box","text":"bond, or currency) or a market index.","page_number":6,"box":{"x":39,"y":225,"width":182,"height":8}},{"id":"3ac2f52e-528b-4f74-8803-6e9c74082d99","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":"ca7fdbfb-0768-418d-8cbb-aadc85f710da","block_type":"box","text":"ts.","page_number":6,"box":{"x":802,"y":240,"width":11,"height":5}},{"id":"d8c736db-60c4-40c2-ac40-830e317b565c","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":"b174d944-cf27-4b33-ab39-1e502e8e77ed"},"user_id":1000002,"date_created":"2026-10-15T22:22:29.635000Z","date_modified":"2026-10-15T22:22:29.635000Z","private":false}