{"annotation_id":"30ae58e2-ee45-4354-bd98-3ba211d7f7bd","file_hash":"40c86818b61b4515cbd34538040ac3f7bdf68da5b2f13be518c85b9caa119b3e","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"bdea6170-f155-4ceb-914a-28095c87e2ae","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":50,"width":155,"height":25}},{"id":"04a8fb6a-7cdf-45dc-8c61-d55e8af8b75d","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":51,"width":14,"height":4}},{"id":"b9665496-d592-4bb9-b7e9-cda00ba56a72","block_type":"box","text":"Minimum initial","page_number":1,"box":{"x":39,"y":315,"width":85,"height":7}},{"id":"c2fc373b-cafc-4d2e-8597-272986894fef","block_type":"box","text":"investment","page_number":1,"box":{"x":39,"y":326,"width":63,"height":6}},{"id":"38c01c18-44ca-4705-b666-533e7caba2e6","block_type":"box","text":"ISIN","page_number":1,"box":{"x":142,"y":326,"width":22,"height":6}},{"id":"796032b9-1dad-40f9-9ec2-6e49e4f438a9","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":238,"y":326,"width":41,"height":6}},{"id":"ad563812-f14f-4d80-a7c6-624ca21731db","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":305,"y":326,"width":60,"height":8}},{"id":"dab5c6f1-2743-478a-98c4-3c7381e9da0f","block_type":"box","text":"Investment","page_number":1,"box":{"x":375,"y":316,"width":64,"height":6}},{"id":"bace1740-fb79-4f83-bbe4-a36f3350adb1","block_type":"box","text":"structure","page_number":1,"box":{"x":375,"y":327,"width":52,"height":5}},{"id":"76670dd1-79db-41d5-8392-315ce9b76f89","block_type":"box","text":"SRRI","page_number":1,"box":{"x":489,"y":326,"width":27,"height":6}},{"id":"6c6a7e44-e52a-4b21-8c82-d96ee279d734","block_type":"box","text":"‡","page_number":1,"box":{"x":516,"y":325,"width":5,"height":4}},{"id":"4f4b1bff-26ae-49ff-bfeb-040d495c782c","block_type":"box","text":"Index","page_number":1,"box":{"x":562,"y":316,"width":30,"height":6}},{"id":"a6a9c450-0042-41e4-9d08-d9dd38aa9729","block_type":"box","text":"ticker","page_number":1,"box":{"x":562,"y":326,"width":32,"height":6}},{"id":"464ba5fb-4fac-4e2d-8183-be0f19179fdf","block_type":"box","text":"Domicile","page_number":1,"box":{"x":636,"y":326,"width":47,"height":6}},{"id":"41c798b5-dc70-4a80-8403-1a164c151ce2","block_type":"box","text":"Settlement","page_number":1,"box":{"x":751,"y":326,"width":64,"height":6}},{"id":"e79b6748-4c0a-4467-910d-e1ca3836a814","block_type":"box","text":"Trading frequency","page_number":1,"box":{"x":833,"y":315,"width":102,"height":8}},{"id":"9b73936c-1968-4241-982f-4dc113ed14e8","block_type":"box","text":"(cut-off)","page_number":1,"box":{"x":833,"y":326,"width":49,"height":7}},{"id":"983f276d-7592-48f1-968a-7dcde8fd39ed","block_type":"box","text":"€100,000,000","page_number":1,"box":{"x":39,"y":345,"width":60,"height":6}},{"id":"04b5a921-977e-4751-8c2c-ce9497e00264","block_type":"box","text":"IE000Q62FKH9","page_number":1,"box":{"x":142,"y":345,"width":66,"height":5}},{"id":"558a36c8-a60c-43cf-85f7-13a16063b44d","block_type":"box","text":"BS2CXM2","page_number":1,"box":{"x":239,"y":345,"width":42,"height":5}},{"id":"36d75768-6e32-40d0-8c13-c86256527c27","block_type":"box","text":"VAGCIPE","page_number":1,"box":{"x":305,"y":345,"width":39,"height":5}},{"id":"289e38ca-0221-4513-b196-ecce5822f1ee","block_type":"box","text":"UCITS","page_number":1,"box":{"x":375,"y":345,"width":26,"height":5}},{"id":"f05a1d10-81b6-4f64-8f94-8926021aea70","block_type":"box","text":"3","page_number":1,"box":{"x":490,"y":345,"width":4,"height":5}},{"id":"720c2293-d58e-46f6-b4a4-10e39b8bcdd1","block_type":"box","text":"H00038EU","page_number":1,"box":{"x":562,"y":345,"width":46,"height":5}},{"id":"ff8f0f86-315c-4fa4-9b52-bb0b20782dc5","block_type":"box","text":"Ireland","page_number":1,"box":{"x":636,"y":345,"width":28,"height":5}},{"id":"e02da630-fb2d-4f86-93b9-6dc8467d3b9b","block_type":"box","text":"T+2","page_number":1,"box":{"x":751,"y":345,"width":15,"height":5}},{"id":"44277547-c9cb-4446-8354-b93d7911410b","block_type":"box","text":"Daily (T-1 16:00 Irish Time)","page_number":1,"box":{"x":833,"y":345,"width":115,"height":6}},{"id":"b45b6581-8ce3-4ef3-a866-7148a51b5e68","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":128,"width":229,"height":9}},{"id":"8a18133c-7706-4c26-960b-0f92c6e43570","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":142,"width":84,"height":9}},{"id":"5ea80e95-097a-4566-8bce-861f556e5601","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":142,"width":7,"height":12}},{"id":"fe1c350e-1447-440b-851b-b0ce5eb9eea1","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":143,"width":161,"height":10}},{"id":"c9d6840f-6998-4f80-a845-c6fdc30cc975","block_type":"box","text":"Vanguard Global Core Bond Fund","page_number":1,"box":{"x":38,"y":173,"width":478,"height":20}},{"id":"306f667e-4006-446f-8479-f41c4149be54","block_type":"box","text":"Institutional Plus EUR Hedged Dist","page_number":1,"box":{"x":40,"y":198,"width":295,"height":13}},{"id":"ec393ab1-2e6e-4de0-a38a-a2c2989faed8","block_type":"box","text":"Inception date: 23 July 2025","page_number":1,"box":{"x":40,"y":215,"width":202,"height":10}},{"id":"6f00a5a8-2e3d-4421-b6ff-f75869b6a17b","block_type":"box","text":"Total assets (million) €68","page_number":1,"box":{"x":38,"y":232,"width":145,"height":7}},{"id":"937241ff-45e4-44ac-895b-e8ca09962067","block_type":"box","text":"|","page_number":1,"box":{"x":188,"y":232,"width":1,"height":7}},{"id":"b4386410-2729-481b-bf0f-7e7df82688ed","block_type":"box","text":"Share class assets (million) €0 as at 30 September 2026","page_number":1,"box":{"x":194,"y":232,"width":322,"height":8}},{"id":"dff9e64f-eb84-48b5-af71-6f87cd254551","block_type":"box","text":"Ongoing Charges Figure","page_number":1,"box":{"x":39,"y":432,"width":154,"height":9}},{"id":"78703f36-9967-4a05-a2bd-ab384a1963bc","block_type":"box","text":"†","page_number":1,"box":{"x":194,"y":433,"width":4,"height":3}},{"id":"d7e4f88e-a081-4957-a4aa-79e7903b5f6f","block_type":"box","text":"0.25 %","page_number":1,"box":{"x":228,"y":433,"width":34,"height":6}},{"id":"2386d960-1540-4d2f-ab5c-3d064bb42daf","block_type":"box","text":"†The Ongoing Charges Figure (OCF) covers administration, audit, depository, legal, registration and regulatory expenses incurred in respect of th","page_number":1,"box":{"x":39,"y":448,"width":721,"height":8}},{"id":"42109ae5-b7e3-4a34-bea4-0a0d7d1e4bc3","block_type":"box","text":"e Funds.","page_number":1,"box":{"x":761,"y":448,"width":41,"height":6}},{"id":"5653a5f8-147c-4558-aa22-f83538bb16c4","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":467,"width":213,"height":9}},{"id":"935826a0-ecb8-4fa1-a447-9701337a63fb","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":486,"width":3,"height":2}},{"id":"e8d336a5-c731-4939-a1d2-de921a050653","block_type":"box","text":"The Fund aims to provide a higher total return (capital growth plus income) than the Bloomberg Global Aggregate Index (the ”Index”) after th","page_number":1,"box":{"x":51,"y":483,"width":708,"height":8}},{"id":"ae423baf-dbfc-4e1b-8719-ba24cbbe0003","block_type":"box","text":"e fees and expenses of the Fund. The","page_number":1,"box":{"x":760,"y":483,"width":183,"height":8}},{"id":"005432de-6754-4f7a-82c3-e04ec06d2dc1","block_type":"box","text":"Fund employs an ”active management” strategy in aiming to outperform the Index and in doing so, the Investment Manager will follow distinct appr","page_number":1,"box":{"x":51,"y":494,"width":740,"height":8}},{"id":"7f71eec7-6773-42fc-a12b-04d554ac57b2","block_type":"box","text":"oaches in managing the Fund’s","page_number":1,"box":{"x":791,"y":494,"width":154,"height":8}},{"id":"b929d0bf-b1b1-45ab-b94f-ec783475518f","block_type":"box","text":"assets.","page_number":1,"box":{"x":51,"y":505,"width":34,"height":6}},{"id":"6809c361-e9ec-4fbf-bc9c-b0ba9f59a9c2","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":519,"width":3,"height":2}},{"id":"881c6b48-82db-494c-97ac-422593e63ed4","block_type":"box","text":"The Investment Manager may in its discretion restrict the extent to which the Fund’s holdings deviate from the Index constituents on a security sel","page_number":1,"box":{"x":51,"y":517,"width":730,"height":7}},{"id":"19a5246c-98cb-4cd0-8238-e8738d0285b8","block_type":"box","text":"ection and fixed income sector","page_number":1,"box":{"x":782,"y":517,"width":152,"height":6}},{"id":"f99f260c-ba91-4212-8d07-72272a88a331","block_type":"box","text":"basis.","page_number":1,"box":{"x":51,"y":527,"width":27,"height":6}},{"id":"1cc829e9-45c4-4dae-b6b4-e0794185d290","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":542,"width":3,"height":2}},{"id":"ff0ec6d8-8e28-4838-8bb4-5d1582bac7c6","block_type":"box","text":"The Fund may take active fixed income sector views with the focus on bond specific selection. The extent to which the Fund can outperform the Index ma","page_number":1,"box":{"x":51,"y":540,"width":764,"height":7}},{"id":"8f097e65-3835-4b5c-a5d3-cefc625f5ffb","block_type":"box","text":"y be restricted by","page_number":1,"box":{"x":816,"y":540,"width":86,"height":7}},{"id":"1405a050-8fc0-4039-9503-a96ed06e7e1a","block_type":"box","text":"constraints applied by the Investment Manager which limit the potential volatility of the difference between the return of the Fund and the return of","page_number":1,"box":{"x":51,"y":550,"width":743,"height":8}},{"id":"4bdfa324-9c78-44d0-b388-4fc4cd51a3cb","block_type":"box","text":"the Index. Such constraints may","page_number":1,"box":{"x":797,"y":550,"width":160,"height":8}},{"id":"76f6df3d-4fec-49da-8aec-5e6cb43457e7","block_type":"box","text":"change or be removed from time to time at the Investment Manager’s discretion and depending on market environments.","page_number":1,"box":{"x":51,"y":561,"width":607,"height":7}},{"id":"a239dde0-0e12-49eb-8824-457629a3895f","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":575,"width":3,"height":2}},{"id":"04237a7e-a4c1-45f8-988f-a023fc9d3e85","block_type":"box","text":"The Fund will invest in global fixed income bonds, including fixed and floating rate issues, primarily made up of treasury, government-related, securi","page_number":1,"box":{"x":51,"y":573,"width":733,"height":8}},{"id":"8adb3b10-2390-40b2-adc4-34768fc33812","block_type":"box","text":"tised, and corporate debt from","page_number":1,"box":{"x":785,"y":573,"width":154,"height":8}},{"id":"9759fe67-7132-45de-b8e7-e2a2704ae50b","block_type":"box","text":"developed and emerging market issuers. The Fund will primarily invest in investment grade bonds with a rating of the equivalent of Baa3 and above by M","page_number":1,"box":{"x":51,"y":583,"width":762,"height":8}},{"id":"39fa2647-fe04-48f7-b629-4139aa2af528","block_type":"box","text":"oody‘s or another","page_number":1,"box":{"x":814,"y":583,"width":87,"height":8}},{"id":"8a0ef279-92fa-45bf-8f40-06a13c3690d0","block_type":"box","text":"independent rating agency or, which are determined to be of comparable quality by the Investment Manager.","page_number":1,"box":{"x":51,"y":594,"width":545,"height":8}},{"id":"35776bfa-187f-4a04-bb62-7be15e5c3d44","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":39,"y":615,"width":133,"height":9}},{"id":"6246af98-f721-4a48-841e-cf77bf0ed660","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":38,"y":635,"width":193,"height":7}},{"id":"ba8c7aa0-8ec9-4bc3-ab2b-5f923786fb47","block_type":"box","text":"‡","page_number":1,"box":{"x":33,"y":964,"width":4,"height":6}},{"id":"19094d2a-d099-4e8a-be3a-43739a9a9b77","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":964,"width":206,"height":7}},{"id":"6e5f44ef-4a5a-4620-968f-2f87d3b7c107","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":1,"box":{"x":41,"y":975,"width":658,"height":8}},{"id":"2f1f9f68-70dc-4ac4-a34d-346935f2b383","block_type":"box","text":"Vanguard Global Core Bond Fund","page_number":2,"box":{"x":38,"y":32,"width":478,"height":20}},{"id":"4bed2863-fd46-4474-a435-5ca3aefbc3f9","block_type":"box","text":"Institutional Plus EUR Hedged Dist","page_number":2,"box":{"x":40,"y":57,"width":295,"height":13}},{"id":"793c4b78-98f6-4429-9252-f422a8b2b20f","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":124,"width":127,"height":8}},{"id":"e9a3ccd2-761e-4397-8736-160f09f556ff","block_type":"box","text":"EUR","page_number":2,"box":{"x":39,"y":142,"width":20,"height":6}},{"id":"0359da33-6c24-4320-89b9-cb51878ecd6f","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":145,"width":8,"height":1}},{"id":"bf3f26c9-db4b-40dd-939d-5fc58cc1461e","block_type":"box","text":"Vanguard Global Core Bond Fund","page_number":2,"box":{"x":68,"y":142,"width":167,"height":8}},{"id":"10052702-e4a4-4bea-9fa1-e7bb77a4799c","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":153,"width":56,"height":6}},{"id":"0815d670-64a5-43a0-97c0-27c2807a12b1","block_type":"box","text":"— Bloomberg Global Aggregate Bond Index Hedged in EUR","page_number":2,"box":{"x":98,"y":153,"width":291,"height":7}},{"id":"19b924f4-3052-4afc-b696-7c618ad6cc2e","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":593,"width":7,"height":1}},{"id":"d98d6dcb-7821-4635-a7be-e64ff10ed5ce","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":593,"width":7,"height":1}},{"id":"44b469fa-d47c-465f-9101-dc1cdfd7bd9d","block_type":"box","text":"—","page_number":2,"box":{"x":375,"y":593,"width":7,"height":1}},{"id":"3eece31f-3de5-4d3e-ac89-9c9674b8df09","block_type":"box","text":"—","page_number":2,"box":{"x":452,"y":593,"width":7,"height":1}},{"id":"51c763a7-5b0e-4bf4-b312-91ac2c02d65f","block_type":"box","text":"—","page_number":2,"box":{"x":530,"y":593,"width":6,"height":1}},{"id":"2940fe9a-d87f-48b9-bcd6-75fe3403b9d4","block_type":"box","text":"—","page_number":2,"box":{"x":607,"y":593,"width":7,"height":1}},{"id":"02cbbfa7-e1d8-485e-a0f6-01267994e7a6","block_type":"box","text":"—","page_number":2,"box":{"x":685,"y":593,"width":6,"height":1}},{"id":"95ac8b1d-8b60-4d96-acf5-b2deb0a7bab3","block_type":"box","text":"—","page_number":2,"box":{"x":762,"y":593,"width":7,"height":1}},{"id":"21db6556-a1aa-49aa-8fa0-841a50b26a38","block_type":"box","text":"—","page_number":2,"box":{"x":840,"y":593,"width":6,"height":1}},{"id":"8ef0f026-2e4d-4358-84a8-784ff9c06348","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":894,"y":573,"width":53,"height":5}},{"id":"a538bef5-4bd7-4443-b0fc-7e90e9112a10","block_type":"box","text":"-","page_number":2,"box":{"x":920,"y":585,"width":3,"height":0}},{"id":"6b0d1469-c72c-483c-8c2b-28fce0998547","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":894,"y":590,"width":53,"height":7}},{"id":"17f2b08e-8ee6-420b-bf16-f6eddf464e61","block_type":"box","text":"Fund","page_number":2,"box":{"x":63,"y":606,"width":20,"height":6}},{"id":"06447cf5-661f-40d7-a320-997ad1f871f1","block_type":"box","text":"(Net of expenses)","page_number":2,"box":{"x":87,"y":607,"width":62,"height":6}},{"id":"724ebe7c-1ef2-4427-9cd1-241d7c7588c9","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":611,"width":7,"height":0}},{"id":"3334c3ea-6bd5-4613-b208-b5649c2ce373","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":611,"width":7,"height":0}},{"id":"e3187456-8d40-4a77-87a5-4cf341169052","block_type":"box","text":"—","page_number":2,"box":{"x":375,"y":611,"width":7,"height":0}},{"id":"7aea4808-6616-409d-98b8-6ba755bf3dab","block_type":"box","text":"—","page_number":2,"box":{"x":452,"y":611,"width":7,"height":0}},{"id":"73bc98ba-4a21-4853-8c43-0a346c186ca6","block_type":"box","text":"—","page_number":2,"box":{"x":530,"y":611,"width":6,"height":0}},{"id":"84f1f9f8-3337-44ab-96d2-d3b5cef8508c","block_type":"box","text":"—","page_number":2,"box":{"x":607,"y":611,"width":7,"height":0}},{"id":"400d05a4-fda2-4139-9aac-49b8e3a537c0","block_type":"box","text":"—","page_number":2,"box":{"x":685,"y":611,"width":6,"height":0}},{"id":"42590953-6fde-45e8-9477-296d0d51ed26","block_type":"box","text":"—","page_number":2,"box":{"x":762,"y":611,"width":7,"height":0}},{"id":"a97f9409-55b0-452f-911a-6077aee88acc","block_type":"box","text":"—","page_number":2,"box":{"x":840,"y":611,"width":6,"height":0}},{"id":"c4a69037-8349-45cd-a2d4-15508b6c4939","block_type":"box","text":"-1.39%","page_number":2,"box":{"x":905,"y":608,"width":30,"height":5}},{"id":"4a1050aa-54ed-4a62-9ff2-0fc5ef79b794","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":623,"width":48,"height":5}},{"id":"6b337803-156b-422a-a586-2205c4a301ce","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":628,"width":7,"height":0}},{"id":"d2f2bfc9-2e8c-45c1-9aa8-805fc12d07e0","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":628,"width":7,"height":0}},{"id":"7ec46a58-2516-4c2f-9ce2-c00fe430bdb8","block_type":"box","text":"—","page_number":2,"box":{"x":375,"y":628,"width":7,"height":0}},{"id":"a1513768-530b-482c-a436-b65b7ca31282","block_type":"box","text":"—","page_number":2,"box":{"x":452,"y":628,"width":7,"height":0}},{"id":"7be2e6ba-aabe-4b9d-9a6b-2db5eefe6528","block_type":"box","text":"—","page_number":2,"box":{"x":530,"y":628,"width":6,"height":0}},{"id":"852dc81d-1a95-43aa-8f50-f6b3c99e38b1","block_type":"box","text":"—","page_number":2,"box":{"x":607,"y":628,"width":7,"height":0}},{"id":"e0888479-281e-4f27-9c2d-9b1c09736975","block_type":"box","text":"—","page_number":2,"box":{"x":685,"y":628,"width":6,"height":0}},{"id":"85aab713-c319-4f19-b053-129aee2a683d","block_type":"box","text":"—","page_number":2,"box":{"x":762,"y":628,"width":7,"height":0}},{"id":"e9cd9c67-e33b-4bae-b0d9-f20c1512d00c","block_type":"box","text":"—","page_number":2,"box":{"x":840,"y":628,"width":6,"height":0}},{"id":"78dbbf01-22ca-437f-8b7d-ae6be56bc7e6","block_type":"box","text":"-2.43%","page_number":2,"box":{"x":905,"y":625,"width":30,"height":5}},{"id":"e17b660c-7c53-4273-98cf-d8d5773e4ec0","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":196,"width":148,"height":8}},{"id":"5a995a80-a6c5-48f4-9a03-96a1eb7f0831","block_type":"box","text":"1 month","page_number":2,"box":{"x":281,"y":196,"width":41,"height":6}},{"id":"91fcf185-e59c-4857-b773-58a8fdae92d7","block_type":"box","text":"Quarter","page_number":2,"box":{"x":374,"y":196,"width":39,"height":6}},{"id":"575352fe-29a2-428c-9281-6b3192130456","block_type":"box","text":"Year to","page_number":2,"box":{"x":468,"y":186,"width":36,"height":6}},{"id":"a8c78bda-2313-47b5-a951-9c676789abbb","block_type":"box","text":"date","page_number":2,"box":{"x":482,"y":196,"width":22,"height":6}},{"id":"96ac8fb6-bcc2-4cb9-8e08-3305a86f7ad3","block_type":"box","text":"1 year","page_number":2,"box":{"x":552,"y":196,"width":30,"height":8}},{"id":"33cfbd60-d6c7-4b27-bac9-cf6a931e59a4","block_type":"box","text":"3 years","page_number":2,"box":{"x":627,"y":196,"width":35,"height":8}},{"id":"d5fea20f-99c9-4cdc-9eab-e375cd3e852f","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":196,"width":36,"height":8}},{"id":"3ca653e7-fecc-4a5a-879c-e9cee9fb7cc7","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":196,"width":41,"height":8}},{"id":"ecbb4547-5817-465e-822d-0f4ef327990a","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":186,"width":26,"height":6}},{"id":"ede992f9-6a78-4481-baab-28835d99f6df","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":196,"width":44,"height":8}},{"id":"00e08e14-a5c4-4829-9ea5-4e0bc4ce01f5","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":214,"width":20,"height":5}},{"id":"cfb94387-66c0-4897-8cc8-11ab663c5054","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":214,"width":59,"height":6}},{"id":"7fa13984-f0d3-49a2-a4f5-b721a808e468","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":214,"width":3,"height":6}},{"id":"70748fa5-b945-4c94-b832-64354799b36c","block_type":"box","text":"-1.73%","page_number":2,"box":{"x":291,"y":214,"width":30,"height":5}},{"id":"2362a9e9-1fab-415e-96f5-e6e47f6942f8","block_type":"box","text":"-2.67%","page_number":2,"box":{"x":382,"y":214,"width":31,"height":5}},{"id":"a938794f-f1b4-4ba6-b8f9-24f813cca952","block_type":"box","text":"-1.79%","page_number":2,"box":{"x":474,"y":214,"width":30,"height":5}},{"id":"8f3d9251-2db4-46b0-b5e0-bf957463f14c","block_type":"box","text":"-1.39%","page_number":2,"box":{"x":551,"y":214,"width":30,"height":5}},{"id":"5bd3c4e2-4a15-44ef-9a62-d514a4f24e0e","block_type":"box","text":"—","page_number":2,"box":{"x":656,"y":217,"width":6,"height":0}},{"id":"e34cecfc-9e05-4715-856e-85e3de8ec330","block_type":"box","text":"—","page_number":2,"box":{"x":753,"y":217,"width":7,"height":0}},{"id":"bc316d66-d4a6-442a-a41c-c0e642e6d63c","block_type":"box","text":"—","page_number":2,"box":{"x":848,"y":217,"width":6,"height":0}},{"id":"64e0e3b2-ea16-4ea4-9777-8f84d83d1108","block_type":"box","text":"0.12%","page_number":2,"box":{"x":925,"y":214,"width":27,"height":5}},{"id":"6a9b0ae2-ed26-4f97-97f8-898dd3be7fe9","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":230,"width":48,"height":6}},{"id":"16c0dbbf-fa98-4b19-925c-3d44a369cb98","block_type":"box","text":"-1.80%","page_number":2,"box":{"x":291,"y":229,"width":30,"height":5}},{"id":"d2d9a5aa-0a10-4182-bce1-70b923e7fd30","block_type":"box","text":"-2.93%","page_number":2,"box":{"x":382,"y":229,"width":31,"height":5}},{"id":"5a3cffb0-2325-4c4c-a0d6-e3564830959b","block_type":"box","text":"-2.67%","page_number":2,"box":{"x":474,"y":229,"width":30,"height":5}},{"id":"8420528c-6503-4fa5-a6fc-9ed12a5d0880","block_type":"box","text":"-2.43%","page_number":2,"box":{"x":551,"y":229,"width":30,"height":5}},{"id":"d409ef5d-6d91-4bd6-bdcc-f9fbc7a7570a","block_type":"box","text":"2.33%","page_number":2,"box":{"x":635,"y":229,"width":27,"height":5}},{"id":"398216e3-0fde-4acc-a2f6-fd5bbc881a25","block_type":"box","text":"-1.63%","page_number":2,"box":{"x":729,"y":229,"width":30,"height":5}},{"id":"53ad0b8d-e4ba-4cf8-8156-c2fd48ff85c1","block_type":"box","text":"-0.40%","page_number":2,"box":{"x":824,"y":229,"width":30,"height":5}},{"id":"26c5460a-4a2c-4073-8a96-4dd821b4ae2b","block_type":"box","text":"-1.24%","page_number":2,"box":{"x":921,"y":229,"width":31,"height":5}},{"id":"da9db65d-d3ce-4c5e-9330-107e4675e065","block_type":"box","text":"**In this document the performance displayed for the Fund(s) and therefore relative performance to the benchmark index may be impacted by swing pric","page_number":2,"box":{"x":39,"y":246,"width":766,"height":7}},{"id":"7092682f-9400-4f05-9383-5be3b309d7c2","block_type":"box","text":"ing. The NAV of a Fund","page_number":2,"box":{"x":806,"y":246,"width":115,"height":7}},{"id":"c488930e-51e2-4252-8d9d-9987a2435603","block_type":"box","text":"may swing according to subscription/redemption activity so that transaction costs caused by these cashflows are not borne by the existing holders in a","page_number":2,"box":{"x":39,"y":255,"width":754,"height":8}},{"id":"ce62546d-4cf3-4dda-a4b5-02ef89bc1bdd","block_type":"box","text":"Fund. The benchmark","page_number":2,"box":{"x":798,"y":255,"width":109,"height":6}},{"id":"4b7657a5-79ef-46a3-ab4c-638493e682ef","block_type":"box","text":"index is not affected by swing pricing and therefore you may see tracking difference between the performance of the Fund and the benchmark.","page_number":2,"box":{"x":39,"y":264,"width":715,"height":8}},{"id":"61460732-6115-44c4-91a1-af8e5b80fd69","block_type":"box","text":"Performance and Data is calculated on closing NAV as at 30 September 2026.","page_number":2,"box":{"x":39,"y":278,"width":390,"height":8}},{"id":"365a8df4-3085-4e80-a694-02ab83ca9803","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":2,"box":{"x":39,"y":292,"width":307,"height":7}},{"id":"318541b1-da01-4bfb-a0e2-4d2a8a9e380d","block_type":"box","text":"Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the","page_number":2,"box":{"x":39,"y":306,"width":736,"height":7}},{"id":"3a5788d9-be03-4608-af5f-b1cac959e0c6","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":306,"width":143,"height":6}},{"id":"a64949f1-dfb2-4923-86ee-4163f21f62e6","block_type":"box","text":"and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of s","page_number":2,"box":{"x":39,"y":315,"width":759,"height":8}},{"id":"d3b52c1e-048a-4af4-b726-a5aa3e8c041d","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":315,"width":97,"height":6}},{"id":"df9fcd8b-1575-4cc7-b96d-a56598884024","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in EUR, net of fees.","page_number":2,"box":{"x":39,"y":324,"width":603,"height":8}},{"id":"a02ae71b-62a2-47d3-98f9-9a94981206e1","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":352,"width":88,"height":7}},{"id":"0be255fc-49ba-487e-a308-66c363ac3246","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":401,"width":167,"height":8}},{"id":"760846e3-1989-4bec-90ac-fa72436214c5","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":2,"box":{"x":38,"y":965,"width":658,"height":8}},{"id":"cde0a2cc-d5d8-4da3-b0c0-516686291a9a","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":667,"width":117,"height":8}},{"id":"cc15f0b8-a261-42f2-8335-dcc09b0507e0","block_type":"box","text":"The value of bonds and fixed income-related securities is affected by influential factors such as interest rates, inflation, credit spreads and volati","page_number":2,"box":{"x":38,"y":682,"width":721,"height":8}},{"id":"a3f30dd5-c0d1-4ecf-b704-d793300bfcb2","block_type":"box","text":"lity which, in turn, are driven by","page_number":2,"box":{"x":761,"y":682,"width":154,"height":8}},{"id":"1d3be924-78c2-4310-b1b6-4e4faa1969cf","block_type":"box","text":"other factors including political, economic news, company earnings and significant corporate events. Currency hedging may not completely eliminate cur","page_number":2,"box":{"x":39,"y":692,"width":760,"height":7}},{"id":"7ae78c79-8b73-4d6c-87b2-b729270894e0","block_type":"box","text":"rency risk in the Fund, and","page_number":2,"box":{"x":800,"y":692,"width":129,"height":7}},{"id":"9a7005e3-3d8c-45e2-be0c-d5431a91f729","block_type":"box","text":"may affect the performance of the Fund.","page_number":2,"box":{"x":39,"y":702,"width":205,"height":7}},{"id":"f7fa4514-3de2-47b7-b7ea-c41ee0bfd50c","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":716,"width":734,"height":7}},{"id":"22bc25bd-2921-4f69-8a9e-061da7b6e514","block_type":"box","text":"er instruments, may expose the","page_number":2,"box":{"x":774,"y":716,"width":157,"height":7}},{"id":"1b88c5a2-61b2-4c9d-9b1f-fb542ec68186","block_type":"box","text":"Fund to financial loss.","page_number":2,"box":{"x":39,"y":726,"width":107,"height":6}},{"id":"b5e931ff-f14b-4e12-a9f2-69bba5957320","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":740,"width":627,"height":7}},{"id":"c379e983-304d-4a47-98d7-1a3d0724665b","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":754,"width":608,"height":7}},{"id":"394452e2-2548-496a-a6de-674f0cc983fd","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":768,"width":721,"height":8}},{"id":"0c2f8616-6e60-4ad3-b20f-f37dd03a2ab3","block_type":"box","text":"Call risk. The chance that during periods of falling interest rates, issuers of callable bonds may call (repay) securities with higher coupons or in","page_number":2,"box":{"x":39,"y":782,"width":704,"height":8}},{"id":"d42eb720-7adb-4799-8329-f80b15086d8c","block_type":"box","text":"terest rates before their maturity","page_number":2,"box":{"x":744,"y":782,"width":168,"height":8}},{"id":"2d29ccbb-c5cc-4c65-97d4-37aa6f7c2896","block_type":"box","text":"dates.","page_number":2,"box":{"x":39,"y":792,"width":30,"height":6}},{"id":"25d099b4-3bc1-41bc-bf58-3304d1340018","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":808,"width":772,"height":7}},{"id":"90b492f7-b5b5-4054-b0a9-70eeb70c16a5","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":808,"width":22,"height":6}},{"id":"4d4f3a6b-ac08-4a4a-ab91-7b1329dd8f77","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":95,"width":87,"height":6}},{"id":"e8f74042-f246-4e2f-9c12-4efcdd2a4ddd","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":96,"width":20,"height":5}},{"id":"e56c6511-0f8d-40de-9ae1-e0a6f47f2c68","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":96,"width":47,"height":5}},{"id":"09461b2b-e247-4f4e-88f8-76cf99ad6faf","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":107,"width":73,"height":5}},{"id":"92dd88ce-d0e0-4d35-90bb-65194c32ab69","block_type":"box","text":"423","page_number":3,"box":{"x":614,"y":107,"width":16,"height":5}},{"id":"e6a5e13b-a60e-4386-908f-ccdf4d9c55e9","block_type":"box","text":"32,573","page_number":3,"box":{"x":782,"y":107,"width":29,"height":6}},{"id":"70923065-eaab-450f-97d6-e7ce65cfc626","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":118,"width":60,"height":5}},{"id":"4e4e20be-60e5-4648-a086-3543454da738","block_type":"box","text":"4.92%","page_number":3,"box":{"x":603,"y":118,"width":27,"height":5}},{"id":"c5eccd01-0c84-4354-96c0-f1eec3d2c6dd","block_type":"box","text":"4.47%","page_number":3,"box":{"x":784,"y":118,"width":27,"height":5}},{"id":"7da34ead-4473-4401-91fd-a52ce1b671c8","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":130,"width":69,"height":6}},{"id":"b69952d5-fc6e-4273-87b8-1e0da51c4b35","block_type":"box","text":"4.0%","page_number":3,"box":{"x":609,"y":130,"width":21,"height":5}},{"id":"775c2dd5-a571-48b1-813a-f9e8e78cb1a6","block_type":"box","text":"3.2%","page_number":3,"box":{"x":790,"y":130,"width":21,"height":5}},{"id":"23705486-1f71-4f19-89a6-f23f48997388","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":142,"width":76,"height":6}},{"id":"9ae1eb0a-18c9-47e9-80dc-11a1748ff581","block_type":"box","text":"9.2 years","page_number":3,"box":{"x":592,"y":141,"width":38,"height":7}},{"id":"07544fc7-08a6-4b90-b9f0-026bdf81d60d","block_type":"box","text":"8.1 years","page_number":3,"box":{"x":773,"y":141,"width":39,"height":7}},{"id":"d857fe2c-6966-4d94-86c8-138df62ab53b","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":153,"width":67,"height":6}},{"id":"c4b54f2d-68f5-4b71-815c-e877c40a2031","block_type":"box","text":"A+","page_number":3,"box":{"x":619,"y":153,"width":11,"height":5}},{"id":"4a3d2ac7-94a6-4eb7-b181-8690fd97d03f","block_type":"box","text":"AA-","page_number":3,"box":{"x":796,"y":153,"width":16,"height":5}},{"id":"14a828b8-da90-4e07-b69d-5cbf02cfb268","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":164,"width":74,"height":7}},{"id":"15f44705-6f78-414c-b05b-828dba39e6de","block_type":"box","text":"5.7 years","page_number":3,"box":{"x":592,"y":165,"width":38,"height":6}},{"id":"e4fb8d8b-e9ae-4b49-bb79-affaafd79139","block_type":"box","text":"6.0 years","page_number":3,"box":{"x":773,"y":165,"width":39,"height":6}},{"id":"8517a808-c8a5-43b9-a556-409de8e9583e","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":176,"width":75,"height":5}},{"id":"8a96bc87-ba1c-4e1c-83b8-bc68f62dd968","block_type":"box","text":"-13.7%","page_number":3,"box":{"x":599,"y":176,"width":31,"height":5}},{"id":"cdfb320d-889b-46d7-acbc-4bb4888f188e","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":179,"width":7,"height":1}},{"id":"d36a29d6-e0b3-4d20-9e29-20f9313a8ce8","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":188,"width":58,"height":5}},{"id":"13f62b50-dd89-49b7-8d30-464be5308fde","block_type":"box","text":"2997%","page_number":3,"box":{"x":600,"y":188,"width":30,"height":5}},{"id":"7f9b5c5c-2139-424a-8e6b-6440fd90cda9","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":191,"width":7,"height":0}},{"id":"53dcaab2-45d3-44af-b0fa-310f7fac90c6","block_type":"box","text":"The PTR (Portfolio Turnover Rate) approach considers the total security purchases and sales, the total subscriptions and redemptions and the average","page_number":3,"box":{"x":38,"y":201,"width":644,"height":6}},{"id":"80dd5b2a-e0c3-432b-8bb6-c8e749c1f6ac","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":201,"width":105,"height":5}},{"id":"062ac686-b826-4e16-ac0b-24e04416b622","block_type":"box","text":"calculate the turnover figure. Yield to Worst is based on the local currencies of the underlying holdings. As such, the actual yield received in the s","page_number":3,"box":{"x":39,"y":210,"width":613,"height":6}},{"id":"2d152b69-672f-438c-8fcb-3f3ded979005","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":210,"width":168,"height":6}},{"id":"5e7a8221-f421-4e2d-9971-37735444de55","block_type":"box","text":"yield to maturity stated. Data as at 30 September 2026.","page_number":3,"box":{"x":38,"y":219,"width":243,"height":6}},{"id":"10449b1e-7d98-4bda-be4f-062625191f70","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":246,"width":99,"height":6}},{"id":"af0ed552-d616-4aba-b98f-c94aec9a3a2d","block_type":"box","text":"United States","page_number":3,"box":{"x":163,"y":268,"width":58,"height":5}},{"id":"9e1f7057-8e10-4015-95de-ecfee4167aa1","block_type":"box","text":"33.4","page_number":3,"box":{"x":434,"y":268,"width":18,"height":5}},{"id":"651c8ec0-0294-48e3-93e4-14bf29bf1210","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":268,"width":8,"height":5}},{"id":"6a39470c-05a9-49cd-8ea6-bee44f349659","block_type":"box","text":"Japan","page_number":3,"box":{"x":162,"y":279,"width":26,"height":6}},{"id":"1050b8b4-6a06-4998-ac82-4794cb21bfc8","block_type":"box","text":"7.1","page_number":3,"box":{"x":440,"y":279,"width":12,"height":5}},{"id":"935be73e-9abc-43e6-835f-3aebd5faee72","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":163,"y":290,"width":68,"height":6}},{"id":"4ac53c68-7b5a-4123-8e3e-da30ecc67a00","block_type":"box","text":"6.0","page_number":3,"box":{"x":439,"y":290,"width":13,"height":5}},{"id":"6ae99158-df90-48c6-80dc-60e2c937a284","block_type":"box","text":"Australia","page_number":3,"box":{"x":162,"y":301,"width":38,"height":5}},{"id":"b4dcdef4-16d8-4f2b-ad42-bbbd1bc2c3e4","block_type":"box","text":"4.5","page_number":3,"box":{"x":439,"y":301,"width":13,"height":5}},{"id":"8285da4b-a4f7-46df-8df2-23521ee2b672","block_type":"box","text":"Poland","page_number":3,"box":{"x":163,"y":312,"width":28,"height":5}},{"id":"12ed9c0c-de19-49d2-86e5-07d58c8b6ef0","block_type":"box","text":"4.5","page_number":3,"box":{"x":439,"y":312,"width":13,"height":5}},{"id":"b0fd13bd-ec77-413a-b588-5130f1f4c67f","block_type":"box","text":"Italy","page_number":3,"box":{"x":512,"y":268,"width":18,"height":6}},{"id":"d4b06976-674c-4e21-aea6-6ff198151f4f","block_type":"box","text":"4.3","page_number":3,"box":{"x":786,"y":268,"width":12,"height":5}},{"id":"14a9d9f5-9630-4c26-b048-f0ac3ea3a0c2","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":268,"width":8,"height":5}},{"id":"491484ca-1bf4-4988-a8a8-9360a9b664b4","block_type":"box","text":"Korea","page_number":3,"box":{"x":512,"y":279,"width":24,"height":5}},{"id":"75ef777d-142c-478c-b62e-099caa5a9c2d","block_type":"box","text":"4.1","page_number":3,"box":{"x":786,"y":279,"width":13,"height":5}},{"id":"1f09c97e-f725-4675-99fb-4864e3fa0f14","block_type":"box","text":"Spain","page_number":3,"box":{"x":511,"y":290,"width":24,"height":6}},{"id":"6edcfb78-dab8-4a6c-9df3-a6293af335f8","block_type":"box","text":"4.1","page_number":3,"box":{"x":786,"y":290,"width":13,"height":5}},{"id":"d55e4d35-cbc7-4410-9e8b-462831bd6c27","block_type":"box","text":"Hong Kong","page_number":3,"box":{"x":512,"y":301,"width":45,"height":6}},{"id":"d3710628-c0e9-4db1-ac73-0eb8f7721868","block_type":"box","text":"3.9","page_number":3,"box":{"x":786,"y":301,"width":13,"height":5}},{"id":"80680e14-a5db-4865-8de4-50d8c3888bc8","block_type":"box","text":"Supranational","page_number":3,"box":{"x":511,"y":312,"width":60,"height":6}},{"id":"869bdccc-29c4-4b02-961d-49f8b889c4d1","block_type":"box","text":"3.9","page_number":3,"box":{"x":786,"y":312,"width":13,"height":5}},{"id":"443ada45-2b2d-4346-82cf-7cdaebf10137","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":344,"width":240,"height":8}},{"id":"0421f4b6-faa6-469e-ab96-8dd335653529","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":445,"width":229,"height":7}},{"id":"bf3fb478-0efe-46f3-977b-0e348f014ed3","block_type":"box","text":"AAA","page_number":3,"box":{"x":163,"y":467,"width":19,"height":5}},{"id":"0180efb2-ca73-4429-8192-96ea34ea2a53","block_type":"box","text":"9.2","page_number":3,"box":{"x":441,"y":467,"width":12,"height":5}},{"id":"08d79fe3-b840-484a-b3d6-9ff3a9576036","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":467,"width":8,"height":5}},{"id":"efc7ef69-c91e-4395-bdc7-c54998d9c09b","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":512,"y":467,"width":43,"height":5}},{"id":"f55c9e51-be7d-4764-875d-6b17d2cdbc6b","block_type":"box","text":"-12.1","page_number":3,"box":{"x":777,"y":467,"width":22,"height":5}},{"id":"e65edd31-fcb5-4f5d-ab1f-d563689c8682","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":467,"width":8,"height":5}},{"id":"489df1ef-b5e3-49c9-b7fa-4f5222cf2d75","block_type":"box","text":"AA","page_number":3,"box":{"x":163,"y":478,"width":12,"height":5}},{"id":"002e18f1-7e96-483d-8b13-c7280e76ba9b","block_type":"box","text":"39.6","page_number":3,"box":{"x":435,"y":478,"width":18,"height":5}},{"id":"db3eca1d-557c-4ff4-985f-050a542f91ff","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":489,"width":6,"height":5}},{"id":"3f55cef9-17f1-4332-a5a0-636fd965294d","block_type":"box","text":"32.2","page_number":3,"box":{"x":435,"y":489,"width":18,"height":5}},{"id":"50549364-ec1f-4aa3-b857-3037e56e8b2a","block_type":"box","text":"BBB","page_number":3,"box":{"x":164,"y":500,"width":17,"height":5}},{"id":"1d7d105b-372f-475e-b7ca-0f65e3c1cbe8","block_type":"box","text":"30.6","page_number":3,"box":{"x":435,"y":500,"width":18,"height":5}},{"id":"087da040-0d86-4493-8d99-7704ebf95538","block_type":"box","text":"Less than BBB","page_number":3,"box":{"x":164,"y":511,"width":61,"height":5}},{"id":"12c82e7d-a39f-4862-9220-82f30eb886b3","block_type":"box","text":"0.6","page_number":3,"box":{"x":441,"y":511,"width":12,"height":5}},{"id":"9e4d62a9-73a4-4dc5-8de3-52a66bab007e","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":583,"width":186,"height":7}},{"id":"eaadcd3c-9357-4635-8435-a49caaca62ad","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":718,"width":90,"height":8}},{"id":"d2747ad0-267c-4a80-9f07-15cc73153c52","block_type":"box","text":"Vanguard Global Core Bond Fund","page_number":3,"box":{"x":38,"y":31,"width":452,"height":19}},{"id":"9518e8c7-5a2d-4416-94a0-7018169ab6a8","block_type":"box","text":"Institutional Plus EUR Hedged Dist","page_number":3,"box":{"x":40,"y":55,"width":295,"height":13}},{"id":"8db12eed-cfdd-4cf6-9120-b42935c3dd8b","block_type":"box","text":"Data as at 30 September 2026 unless otherwise stated.","page_number":3,"box":{"x":39,"y":71,"width":318,"height":8}},{"id":"9b2cb1ea-9122-4512-bcf8-cdd0c7ea7447","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":3,"box":{"x":38,"y":968,"width":658,"height":8}},{"id":"2e8195d6-ea73-4f4a-9849-1f299ac1fc07","block_type":"box","text":"Treasury/federal","page_number":3,"box":{"x":162,"y":603,"width":72,"height":7}},{"id":"37aa4747-4707-46b5-a9ba-be3eaab57ffd","block_type":"box","text":"27.8","page_number":3,"box":{"x":434,"y":603,"width":18,"height":5}},{"id":"bde575e1-4be2-4763-9db3-88d91a901ad6","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":603,"width":8,"height":5}},{"id":"38459994-015e-4483-ac4d-547e18b7dbf5","block_type":"box","text":"Government-related - agencies","page_number":3,"box":{"x":162,"y":615,"width":133,"height":7}},{"id":"dffdfce9-936d-4d19-aec3-9846eca8b62e","block_type":"box","text":"18.3","page_number":3,"box":{"x":434,"y":615,"width":18,"height":5}},{"id":"d7fc4cd3-8462-4c76-8a8d-413b1ff086ed","block_type":"box","text":"Mortgage backed security pass-through","page_number":3,"box":{"x":162,"y":627,"width":171,"height":7}},{"id":"713bc665-8a08-41af-9d9f-3dbbd10d1cff","block_type":"box","text":"15.8","page_number":3,"box":{"x":434,"y":627,"width":18,"height":5}},{"id":"427dfcb5-714d-4c00-a028-52deef890b81","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":162,"y":639,"width":140,"height":7}},{"id":"f40823f3-77e3-4ad7-82e4-9c3890a3822f","block_type":"box","text":"15.0","page_number":3,"box":{"x":434,"y":639,"width":18,"height":5}},{"id":"444888d4-e35a-45e0-a242-d753413ef0b8","block_type":"box","text":"Government-related - sovereign","page_number":3,"box":{"x":162,"y":651,"width":137,"height":7}},{"id":"b8bf2ca3-a4d3-4c07-9a21-efd51e24c11d","block_type":"box","text":"11.2","page_number":3,"box":{"x":434,"y":651,"width":18,"height":5}},{"id":"bb4830bb-0c63-4457-ae44-ae755b35184e","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":511,"y":603,"width":97,"height":7}},{"id":"58822366-aa65-4197-b4bb-b1ab8486e7db","block_type":"box","text":"7.4","page_number":3,"box":{"x":786,"y":603,"width":13,"height":5}},{"id":"1283acd8-c252-4712-ad18-ae929fca1263","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":603,"width":8,"height":5}},{"id":"b67bf5ec-d9ec-43a4-94ff-f64c0ce87769","block_type":"box","text":"Government-related - local authority","page_number":3,"box":{"x":511,"y":615,"width":158,"height":7}},{"id":"7111c7f5-312e-488d-86c5-38e3f8320d89","block_type":"box","text":"4.8","page_number":3,"box":{"x":786,"y":615,"width":13,"height":5}},{"id":"fd83a682-796d-4d7e-9116-0f985fd34944","block_type":"box","text":"Other","page_number":3,"box":{"x":511,"y":627,"width":25,"height":5}},{"id":"4a1ff75a-28af-47a8-80c6-09a18f078450","block_type":"box","text":"4.6","page_number":3,"box":{"x":786,"y":627,"width":13,"height":5}},{"id":"92adbb38-014d-4675-9e38-504b963142d5","block_type":"box","text":"Government-related - supranationals","page_number":3,"box":{"x":511,"y":639,"width":160,"height":7}},{"id":"63b8d77c-90e5-4a3b-8076-53aa791eac44","block_type":"box","text":"3.9","page_number":3,"box":{"x":786,"y":639,"width":13,"height":5}},{"id":"f5d9e7aa-1e06-45a3-9269-d79755ccee75","block_type":"box","text":"Securitised","page_number":3,"box":{"x":511,"y":651,"width":47,"height":5}},{"id":"2ce4663a-4dbb-4e53-a03a-a58e0db98009","block_type":"box","text":"3.1","page_number":3,"box":{"x":786,"y":651,"width":13,"height":5}},{"id":"467a7601-665f-411b-836e-09bf4886b304","block_type":"box","text":"Glossary for fund characteristics","page_number":3,"box":{"x":39,"y":744,"width":184,"height":8}},{"id":"3335ee3f-d87f-4e6d-b813-754c91dbe0c1","block_type":"box","text":"The fund characteristics section above contains a number of metrics that professional investors use to value individual stocks against a market or ind","page_number":3,"box":{"x":38,"y":760,"width":745,"height":8}},{"id":"99353245-e9c4-43e5-90db-c270f6b043f2","block_type":"box","text":"ex average. These","page_number":3,"box":{"x":784,"y":760,"width":88,"height":8}},{"id":"3f8b0c71-818f-4ea1-b50b-26d4bf139b57","block_type":"box","text":"metrics can also be used to value and compare funds to the market by taking the average of all the stocks held in the fund and comparing them to those","page_number":3,"box":{"x":39,"y":769,"width":761,"height":8}},{"id":"481ff7f8-06c0-46ce-8787-36135b56dedb","block_type":"box","text":"of the fund’s","page_number":3,"box":{"x":803,"y":769,"width":63,"height":7}},{"id":"d8f3311d-1fef-4857-ba04-5c4032f721d2","block_type":"box","text":"benchmark index. We’ve provided a definition of the terms used for your convenience.","page_number":3,"box":{"x":39,"y":779,"width":426,"height":7}},{"id":"86bd9d6a-4e37-4eb6-bdbf-668a2a028d59","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":793,"width":72,"height":6}},{"id":"ba9d03d4-a7ea-467c-b9b6-6c81000bb6f0","block_type":"box","text":"applies when the portfolio is invested into callable bonds. When it is not the case Yield to worst=Yield to maturity.","page_number":3,"box":{"x":113,"y":792,"width":566,"height":8}},{"id":"02f1a318-a507-487d-bf94-a233dd7c07ba","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":806,"width":82,"height":8}},{"id":"3a84e82e-03ec-446b-aacc-d0461914467e","block_type":"box","text":"is the average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.","page_number":3,"box":{"x":123,"y":806,"width":612,"height":8}},{"id":"c5a20dcd-92e1-481d-91f7-2eec513b8d62","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":820,"width":91,"height":8}},{"id":"b7b43a70-cb99-4264-8f5e-a8d99baa9930","block_type":"box","text":"is the average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility t","page_number":3,"box":{"x":132,"y":820,"width":719,"height":8}},{"id":"410fcba5-f6ff-439f-b279-abcec81395fc","block_type":"box","text":"hat the","page_number":3,"box":{"x":852,"y":820,"width":35,"height":6}},{"id":"ea449724-8009-4663-9cc1-2e348fc5f62a","block_type":"box","text":"issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects an","page_number":3,"box":{"x":39,"y":829,"width":727,"height":8}},{"id":"cb9f4311-5156-405e-a3ed-f2d57933fbe7","block_type":"box","text":"y futures contracts held. In","page_number":3,"box":{"x":767,"y":829,"width":133,"height":8}},{"id":"414acde0-0d70-48fb-ab18-af0d745165db","block_type":"box","text":"general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.","page_number":3,"box":{"x":39,"y":839,"width":710,"height":7}},{"id":"1ecf2a03-a4c7-468e-9c3f-bf0175863f04","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":852,"width":81,"height":8}},{"id":"a436f18f-d9c6-4163-babc-8325410ef0bb","block_type":"box","text":"is an indicator of credit risk. This figure is the average of the ratings assigned to a fund’s fixed income holdings by credit-rating agencies. Th","page_number":3,"box":{"x":122,"y":852,"width":694,"height":8}},{"id":"d4438f56-ec4f-4be4-949a-7194e2176a4d","block_type":"box","text":"e agencies make","page_number":3,"box":{"x":818,"y":852,"width":81,"height":8}},{"id":"0df70cc2-fc27-47b9-a348-670e49c9388a","block_type":"box","text":"their judgment after appraising an issuer’s ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most cred","page_number":3,"box":{"x":38,"y":862,"width":717,"height":7}},{"id":"ccc2f47a-5ed0-495b-9166-19fd1ee31c4c","block_type":"box","text":"itworthy bond issuers.","page_number":3,"box":{"x":756,"y":862,"width":109,"height":7}},{"id":"fbe512aa-2fae-4b59-a33a-8c485530ccb6","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":875,"width":88,"height":8}},{"id":"714b9d3a-2516-473f-8ff4-134417bc1b6c","block_type":"box","text":"is an estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could","page_number":3,"box":{"x":130,"y":875,"width":735,"height":8}},{"id":"fc50d196-25db-4b2f-b673-3843cb110c8a","block_type":"box","text":"change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an a","page_number":3,"box":{"x":39,"y":885,"width":729,"height":8}},{"id":"88534ee0-3a45-40a2-bbf3-50193cd8f13b","block_type":"box","text":"verage duration of five","page_number":3,"box":{"x":769,"y":885,"width":114,"height":8}},{"id":"302fe996-c7db-4015-8de7-42e53d0952a3","block_type":"box","text":"years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.","page_number":3,"box":{"x":38,"y":894,"width":505,"height":8}},{"id":"8aa5c618-d7e1-459e-9057-623506debd1a","block_type":"box","text":"Distribution yield","page_number":3,"box":{"x":39,"y":908,"width":86,"height":8}},{"id":"50907568-e4a6-4146-971c-586b136422bc","block_type":"box","text":"reflects the amounts that may be expected to be distributed over the next twelve months as a percentage of mid-market unit price as at the date shown","page_number":3,"box":{"x":129,"y":908,"width":765,"height":8}},{"id":"f89dc419-b6e0-40c8-acf1-1e0470c368b1","block_type":"box","text":".","page_number":3,"box":{"x":895,"y":913,"width":1,"height":1}},{"id":"78b47958-b169-43b8-8cb3-b3f2a9326988","block_type":"box","text":"It is based on a snapshot of the portfolio on that day. It does not include preliminary charge and investors may be subject to tax on distributions.","page_number":3,"box":{"x":39,"y":917,"width":719,"height":8}},{"id":"b45d9520-a664-44ef-8820-415858e4c1df","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":365,"width":56,"height":5}},{"id":"b219f6c5-cb1d-4a03-aead-0ad9f56a03f9","block_type":"box","text":"2.1","page_number":3,"box":{"x":786,"y":365,"width":13,"height":5}},{"id":"fd057124-705c-4d98-82b1-6b0359e611bd","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":365,"width":8,"height":5}},{"id":"0a5645ff-59e7-47d1-a4e8-6a0f846a27ea","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":376,"width":60,"height":5}},{"id":"351c6e8f-0127-4ad0-a19f-0a9b37f79903","block_type":"box","text":"8.8","page_number":3,"box":{"x":786,"y":376,"width":13,"height":5}},{"id":"c1271408-1afe-4f7b-a06a-0928416dd7d6","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":365,"width":55,"height":5}},{"id":"e227845f-6386-47d1-b6f9-bb6f925960cf","block_type":"box","text":"-9.3","page_number":3,"box":{"x":437,"y":365,"width":16,"height":5}},{"id":"7853ffce-b51d-4f42-b9af-1fc7b434c373","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":365,"width":8,"height":5}},{"id":"b6d0cde3-7bfc-4e1f-81d0-c986384bc6ea","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":376,"width":44,"height":5}},{"id":"bfb8c4e1-4fb2-4814-b722-68dd417339b0","block_type":"box","text":"42.7","page_number":3,"box":{"x":435,"y":376,"width":18,"height":5}},{"id":"8f47cd83-f889-49b8-91c5-37056cd242d2","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":387,"width":51,"height":5}},{"id":"409f53c9-ff05-4921-9c4f-8143b22a563e","block_type":"box","text":"42.6","page_number":3,"box":{"x":435,"y":387,"width":18,"height":5}},{"id":"a51dfbd5-0a0e-47fe-8a9b-f247f5678464","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":398,"width":56,"height":5}},{"id":"b4d6d020-c4ff-4045-8e42-eb6cc0ea1ea0","block_type":"box","text":"10.0","page_number":3,"box":{"x":435,"y":398,"width":18,"height":5}},{"id":"b36900c3-e7c6-4e4e-b3ba-9ca8b12984fb","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":409,"width":56,"height":5}},{"id":"b6c9f78f-c3ef-447d-81f1-69f1716533a4","block_type":"box","text":"3.1","page_number":3,"box":{"x":441,"y":409,"width":12,"height":5}},{"id":"7b01a134-7217-4e6b-ae48-96570f7ce03d","block_type":"box","text":"*The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result","page_number":3,"box":{"x":39,"y":672,"width":748,"height":7}},{"id":"e64acfa3-0dd5-4661-8d06-c8f4ae51d663","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":672,"width":114,"height":7}},{"id":"c568c90b-e225-4c18-a3d2-b9f8ed970c51","block_type":"box","text":"The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. A","page_number":3,"box":{"x":38,"y":682,"width":781,"height":8}},{"id":"fb634567-569b-4c78-a72b-2d70d5adffe1","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":682,"width":66,"height":6}},{"id":"ee47776e-3b44-462c-bd83-f7abe8bdc046","block_type":"box","text":"subject to change. Cash includes physical cash on the account, cash like instruments (such as ultra-short term treasury bonds) and derivative instru","page_number":3,"box":{"x":39,"y":693,"width":734,"height":8}},{"id":"3f4a9342-f76b-4d84-ad64-66dcf30f3880","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":694,"width":33,"height":5}},{"id":"6016a5a0-96f2-4e08-a448-e9eaa170ad2c","block_type":"box","text":"Credit-quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Service, Fitch Ratings and Standard","page_number":3,"box":{"x":39,"y":537,"width":739,"height":8}},{"id":"6bf3dbb1-4e6a-4cbb-8fb0-651f595efb75","block_type":"box","text":"& Poor’s. When ratings","page_number":3,"box":{"x":782,"y":537,"width":114,"height":8}},{"id":"2fff1ab4-b800-4f30-a79f-d01a84a932b6","block_type":"box","text":"from all three agencies are available, the median rating is used. When ratings are available from two of the agencies, the lower rating is used. When","page_number":3,"box":{"x":38,"y":548,"width":739,"height":8}},{"id":"63fd297c-b854-4a06-9526-938084039304","block_type":"box","text":"one rating is available,","page_number":3,"box":{"x":781,"y":548,"width":110,"height":8}},{"id":"e76b8943-66ad-4f81-a91e-23249a0ce9ed","block_type":"box","text":"that rating is used.","page_number":3,"box":{"x":38,"y":559,"width":94,"height":7}},{"id":"3d801dac-3243-400f-b980-bdb661a00340","block_type":"box","text":"Vanguard Global Core Bond Fund","page_number":4,"box":{"x":38,"y":32,"width":478,"height":20}},{"id":"9c7803a0-d800-47e6-ad0a-afb70ed6ea03","block_type":"box","text":"Institutional Plus EUR Hedged Dist","page_number":4,"box":{"x":40,"y":57,"width":295,"height":13}},{"id":"bcb8b91d-3fc6-40ea-9814-e2c468bc3373","block_type":"box","text":"E102EN_092026","page_number":4,"box":{"x":895,"y":971,"width":71,"height":6}},{"id":"4130e1e7-db7d-42be-bfd7-58c67e182fd9","block_type":"box","text":"Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority.","page_number":4,"box":{"x":39,"y":961,"width":627,"height":7}},{"id":"3692a99c-13b3-4a56-a2c8-dd71b3e22b7a","block_type":"box","text":"© 2026 Vanguard Asset Management, Limited. All rights reserved.","page_number":4,"box":{"x":39,"y":970,"width":323,"height":7}},{"id":"e86bf5ed-895a-4752-8fdb-1d5ecc3080cb","block_type":"box","text":"For more information contact your local sales team or:","page_number":4,"box":{"x":39,"y":426,"width":305,"height":8}},{"id":"c9f04734-e7be-4f7c-a0ea-90aca5344731","block_type":"box","text":"Web: http://global.vanguard.com","page_number":4,"box":{"x":38,"y":439,"width":169,"height":8}},{"id":"fbcae3c1-be69-4f0a-9f56-1bc1ebc1a3e8","block_type":"box","text":"Transfer Agent (Europe): Tel. +353 1 241 7144","page_number":4,"box":{"x":38,"y":450,"width":224,"height":7}},{"id":"53a249f7-4cad-4cac-b416-87d63501095d","block_type":"box","text":"Client Services (Europe): Tel. +44 (0)203 753 4305","page_number":4,"box":{"x":39,"y":460,"width":250,"height":8}},{"id":"5c3bfda1-6af2-4cf3-b837-a6121d97b95f","block_type":"box","text":"Email:","page_number":4,"box":{"x":39,"y":471,"width":30,"height":6}},{"id":"bba81c42-8330-4a64-b690-f7608b85dc32","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":4,"box":{"x":73,"y":471,"width":209,"height":7}},{"id":"c8bbc971-bdf4-4a77-b47a-e9a41a01ead0","block_type":"box","text":"Important information","page_number":4,"box":{"x":39,"y":490,"width":126,"height":7}},{"id":"4ce8b802-67ca-4f25-91c9-f0b22e357b86","block_type":"box","text":"This is a marketing communication.","page_number":4,"box":{"x":38,"y":507,"width":179,"height":8}},{"id":"9ba247d7-6a96-43dc-913f-a15346aaeb4c","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":4,"box":{"x":38,"y":525,"width":595,"height":7}},{"id":"d6b464f4-da8d-420f-8157-4ad5886bdeda","block_type":"box","text":"For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID before making any fin","page_number":4,"box":{"x":39,"y":544,"width":744,"height":7}},{"id":"daa6b55c-703e-4958-9698-84c1653e7b00","block_type":"box","text":"al investment decisions. The","page_number":4,"box":{"x":785,"y":544,"width":138,"height":6}},{"id":"b8bb8a2e-b269-4093-8692-3747432cc480","block_type":"box","text":"KIID for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/.","page_number":4,"box":{"x":39,"y":553,"width":548,"height":8}},{"id":"49f6f341-6dd2-49f0-86d4-e7cfddd8a7b8","block_type":"box","text":"This document is designed for use by and is directed only at persons resident in the UK.","page_number":4,"box":{"x":38,"y":567,"width":432,"height":7}},{"id":"f8794363-0422-4141-90d8-59f7293e9a75","block_type":"box","text":"The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any ju","page_number":4,"box":{"x":38,"y":580,"width":709,"height":8}},{"id":"cd35fdb6-487b-4758-a295-5137e1582a21","block_type":"box","text":"risdiction where such an offer or","page_number":4,"box":{"x":748,"y":580,"width":161,"height":7}},{"id":"8377621e-95ec-45ac-be38-0961436a40ed","block_type":"box","text":"solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solic","page_number":4,"box":{"x":39,"y":590,"width":716,"height":8}},{"id":"5b97e5e0-3e4d-433c-85dc-025dc7de2ea9","block_type":"box","text":"itation is not qualified to do so. The","page_number":4,"box":{"x":756,"y":590,"width":175,"height":7}},{"id":"63b4d4b8-7599-4939-ac58-033b1bfce887","block_type":"box","text":"information in this document is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult t","page_number":4,"box":{"x":39,"y":599,"width":733,"height":8}},{"id":"4164553f-50b8-449b-a141-cc463b706fb6","block_type":"box","text":"heir professional advisers on the","page_number":4,"box":{"x":773,"y":599,"width":160,"height":8}},{"id":"37b7c856-69be-4c44-a699-6552b8b2cc1e","block_type":"box","text":"implications of making an investment in, holding or disposing of ''units/shares'', and the receipt of distribution from any investment.","page_number":4,"box":{"x":39,"y":608,"width":661,"height":8}},{"id":"f4e2a54b-c9ab-42da-add0-6e74534a5e7a","block_type":"box","text":"Vanguard Investment Series plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in","page_number":4,"box":{"x":38,"y":622,"width":717,"height":8}},{"id":"ab6b6fbe-de22-4659-8c6c-e1411700d1c6","block_type":"box","text":"certain EEA countries and the UK.","page_number":4,"box":{"x":759,"y":622,"width":168,"height":6}},{"id":"c2310271-faf6-4acc-8d0e-ef4c0a3e98ce","block_type":"box","text":"Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own profess","page_number":4,"box":{"x":39,"y":632,"width":743,"height":7}},{"id":"022d6970-934a-424e-a445-853dc3018cf5","block_type":"box","text":"ional advisers on the","page_number":4,"box":{"x":784,"y":632,"width":101,"height":6}},{"id":"7d980e8d-a1e0-41d8-ba33-35461617fd61","block_type":"box","text":"implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares und","page_number":4,"box":{"x":39,"y":641,"width":744,"height":8}},{"id":"328f8014-4ebd-49ed-818c-496ac9e6de50","block_type":"box","text":"er the law of the countries in","page_number":4,"box":{"x":785,"y":641,"width":142,"height":6}},{"id":"053112df-033d-4793-9e9f-12d4d399cef2","block_type":"box","text":"which they are liable to taxation.","page_number":4,"box":{"x":38,"y":651,"width":163,"height":7}},{"id":"827185ae-7c2c-4675-92e4-34e7275f5592","block_type":"box","text":"The Manager of Vanguard Investment Series plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguar","page_number":4,"box":{"x":38,"y":664,"width":758,"height":8}},{"id":"375a183d-4d03-4d95-822f-e290c6721ecf","block_type":"box","text":"d Investment Series plc.","page_number":4,"box":{"x":797,"y":664,"width":117,"height":8}},{"id":"a377243c-7910-4146-9e8b-94c12e0ca548","block_type":"box","text":"The Manager of the Ireland-domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in a","page_number":4,"box":{"x":38,"y":680,"width":774,"height":7}},{"id":"e0cb07e5-6cc8-47c2-afa3-93bd7e97a620","block_type":"box","text":"ccordance with the","page_number":4,"box":{"x":813,"y":680,"width":95,"height":6}},{"id":"2582a0ab-46ce-4234-a34d-b17112732f2b","block_type":"box","text":"UCITS Directive, as may be amended from time to time.","page_number":4,"box":{"x":39,"y":689,"width":278,"height":8}},{"id":"5fe67d2e-5e64-4bc8-a9f0-9bfa2e5c70de","block_type":"box","text":"For investors in Ireland-domiciled funds, a summary of investor rights can be obtained via","page_number":4,"box":{"x":39,"y":702,"width":445,"height":8}},{"id":"2f73cba0-1bce-4cca-b620-36aa7f5c6db2","block_type":"box","text":"https://www.ie.vanguard/content/dam/intl/europe/documents/en/vanguard-investors-rights-summary-irish-funds-jan22.pdf and is available in English, Ge","page_number":4,"box":{"x":39,"y":711,"width":790,"height":8}},{"id":"b6e125ec-ef83-497c-bf1a-318a13d0d670","block_type":"box","text":"rman, French,","page_number":4,"box":{"x":831,"y":712,"width":67,"height":7}},{"id":"137d55da-5233-46ae-bfcf-a2284f089f07","block_type":"box","text":"Spanish, Dutch and Italian.","page_number":4,"box":{"x":39,"y":721,"width":133,"height":8}},{"id":"054b8ffd-9cc9-4c29-b20f-6e84b7da4fc1","block_type":"box","text":"BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services","page_number":4,"box":{"x":39,"y":750,"width":757,"height":7}},{"id":"cd255de4-ec0e-408c-991f-d1ce4c221f95","block_type":"box","text":"Limited (“BISL”) (collectively,","page_number":4,"box":{"x":800,"y":750,"width":143,"height":7}},{"id":"16a8733e-fcbd-4cf6-a929-0d30ce7d4b96","block_type":"box","text":"“Bloomberg”), or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices.","page_number":4,"box":{"x":39,"y":759,"width":452,"height":8}},{"id":"ff9909a4-6f48-48cd-89fa-28b4f30c038d","block_type":"box","text":"The products are not sponsored, endorsed, issued, sold or promoted by “Bloomberg.” Bloomberg makes no representation or warranty, express or imp","page_number":4,"box":{"x":38,"y":773,"width":747,"height":8}},{"id":"682c00df-c9cf-4afc-821c-12f05683f369","block_type":"box","text":"lied, to the owners or","page_number":4,"box":{"x":787,"y":773,"width":104,"height":7}},{"id":"0c20822f-1f75-405b-bdaa-8adc68793dc3","block_type":"box","text":"purchasers of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly","page_number":4,"box":{"x":39,"y":782,"width":729,"height":8}},{"id":"c985aefb-2391-43b3-b14e-afe49963230c","block_type":"box","text":"or the ability of the Bloomberg","page_number":4,"box":{"x":771,"y":782,"width":153,"height":8}},{"id":"b6c7a8c4-868e-4592-8de7-2b58ba9aea8f","block_type":"box","text":"Indices to track general bond market performance. Bloomberg shall not pass on the legality or suitability of the products with respect to any person o","page_number":4,"box":{"x":39,"y":792,"width":745,"height":7}},{"id":"0bb7103c-dd76-4395-9b96-0af685f22736","block_type":"box","text":"r entity. Bloomberg’s only","page_number":4,"box":{"x":786,"y":792,"width":127,"height":7}},{"id":"651cb31b-2df7-4e60-a472-54f339f38784","block_type":"box","text":"relationship to Vanguard and the products are the licensing of the Bloomberg Indices which are determined, composed and calculated by BISL without reg","page_number":4,"box":{"x":39,"y":801,"width":769,"height":8}},{"id":"25ed5602-a783-4041-8d61-d4127a458a95","block_type":"box","text":"ard to Vanguard or the","page_number":4,"box":{"x":809,"y":801,"width":114,"height":8}},{"id":"7baaefe6-c65e-45e6-9265-7201121f94e3","block_type":"box","text":"products or any owners or purchasers of the products. Bloomberg has no obligation to take the needs of the products or the owners of the products into","page_number":4,"box":{"x":39,"y":810,"width":760,"height":8}},{"id":"b6b303d2-c638-417b-9230-5a74ff1c04a2","block_type":"box","text":"consideration in","page_number":4,"box":{"x":802,"y":811,"width":78,"height":6}},{"id":"ff5dd2fc-c1a1-413d-bbab-5b39b488b6d5","block_type":"box","text":"determining, composing or calculating the Bloomberg Indices. Bloomberg shall not be responsible for and has not participated in the determination of t","page_number":4,"box":{"x":39,"y":820,"width":753,"height":8}},{"id":"b632be24-6217-49f0-a55f-f4c5c05e41b3","block_type":"box","text":"he timing of, prices at, or","page_number":4,"box":{"x":793,"y":820,"width":124,"height":8}},{"id":"0b3b77dc-9d42-432e-8670-900e30d56f88","block_type":"box","text":"quantities of the products to be issued. Bloomberg shall not have any obligation or liability in connection with the administration, marketing or trad","page_number":4,"box":{"x":39,"y":829,"width":734,"height":8}},{"id":"8b9f3ea6-653d-496c-843d-40eb603b3851","block_type":"box","text":"ing of the products.","page_number":4,"box":{"x":774,"y":829,"width":97,"height":8}},{"id":"df726191-9ba5-41e0-9a63-7707e8081801","block_type":"box","text":"SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC.","page_number":4,"box":{"x":39,"y":843,"width":506,"height":8}},{"id":"512ee5c3-c8b4-48ad-ae6f-556865033666","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":4,"box":{"x":39,"y":852,"width":326,"height":8}},{"id":"1d300c5a-1d76-4ec4-a685-a738c5a70c54","block_type":"box","text":"SEDOL Masterfile®.","page_number":4,"box":{"x":368,"y":852,"width":98,"height":6}},{"id":"dff98fc6-0535-4982-b458-d54ce255b730","block_type":"box","text":"Investment risk information","page_number":4,"box":{"x":39,"y":111,"width":156,"height":6}},{"id":"19a49be8-1ea4-4748-8de6-23b37d9e7ba2","block_type":"box","text":"The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.","page_number":4,"box":{"x":38,"y":125,"width":603,"height":7}},{"id":"05206bb6-65cd-4307-a419-20ceff61b252","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":4,"box":{"x":39,"y":138,"width":302,"height":8}},{"id":"2bd31ddb-1de3-4c0a-90e9-5436745b9a9e","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 f","page_number":4,"box":{"x":39,"y":152,"width":761,"height":8}},{"id":"34a85243-fe6c-461b-8a4e-30322621a1d8","block_type":"box","text":"all.","page_number":4,"box":{"x":801,"y":152,"width":13,"height":6}},{"id":"a40ddf4e-2323-4e91-a877-bd3e2b672a95","block_type":"box","text":"Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level","page_number":4,"box":{"x":39,"y":166,"width":723,"height":8}},{"id":"690f17e1-8296-4fe6-b7d3-cd312a5d4401","block_type":"box","text":"of income may fluctuate.","page_number":4,"box":{"x":767,"y":166,"width":124,"height":7}},{"id":"ef864a2e-5e9c-4f80-ad1f-6a96fa38aaff","block_type":"box","text":"Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such","page_number":4,"box":{"x":39,"y":175,"width":731,"height":8}},{"id":"1287d27b-016d-40cf-8cad-406da0106dec","block_type":"box","text":"may carry greater credit risk","page_number":4,"box":{"x":774,"y":175,"width":141,"height":8}},{"id":"4fd9366f-c2c2-4859-b8db-0aa88a25ef95","block_type":"box","text":"increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in in","page_number":4,"box":{"x":39,"y":185,"width":751,"height":7}},{"id":"34c489d4-8e44-4c44-8aa4-d54177d29148","block_type":"box","text":"terest rates are likely to","page_number":4,"box":{"x":792,"y":185,"width":118,"height":7}},{"id":"eb0ce030-2b7c-4db7-9361-7c9794b4ee86","block_type":"box","text":"affect the capital value of bonds.","page_number":4,"box":{"x":39,"y":194,"width":164,"height":8}},{"id":"6ca60986-23b0-4d2c-a700-eed4a75bf7ad","block_type":"box","text":"The Funds may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce","page_number":4,"box":{"x":38,"y":207,"width":744,"height":8}},{"id":"bb2fad08-05ca-4c0d-8c2b-14462fd29bcd","block_type":"box","text":"exposure to underlying","page_number":4,"box":{"x":785,"y":208,"width":112,"height":7}},{"id":"272bd984-e319-4a2d-9490-038b7799d261","block_type":"box","text":"assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of","page_number":4,"box":{"x":39,"y":217,"width":706,"height":8}},{"id":"a927f1f4-56be-499f-a3ef-464fef3f327f","block_type":"box","text":"a financial asset (such as a share,","page_number":4,"box":{"x":748,"y":217,"width":167,"height":7}},{"id":"7dad15ca-9ff2-418b-8353-d6ed0dbfd664","block_type":"box","text":"bond, or currency) or a market index.","page_number":4,"box":{"x":39,"y":227,"width":182,"height":7}},{"id":"43b91931-a9b0-47f6-b3f1-dc53904418e7","block_type":"box","text":"Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investmen","page_number":4,"box":{"x":39,"y":240,"width":761,"height":8}},{"id":"15680bbc-632d-4753-9345-3babafa6adb5","block_type":"box","text":"ts.","page_number":4,"box":{"x":802,"y":241,"width":11,"height":5}},{"id":"bef668b0-2e40-44b4-b9f2-8448bc43e8b4","block_type":"box","text":"For further information on risks please see the “Risk Factors” section of the prospectus on our website at https://global.vanguard.com.","page_number":4,"box":{"x":39,"y":254,"width":674,"height":8}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"7eaad6c0-580f-43d1-8b85-d5c5335b6676"},"user_id":1000002,"date_created":"2026-10-15T22:17:06.713000Z","date_modified":"2026-10-15T22:17:06.713000Z","private":false}