{"annotation_id":"3102fca8-679e-47f6-b92b-d8398f55f861","file_hash":"a9a042204c94388340b161c3ea74150034640d929f3052bf20049b58df969500","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"a55ea088-72ca-4f88-bfee-4da60876da98","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":50,"width":155,"height":25}},{"id":"363a4ca4-63f1-4b92-a8d3-29265047db8f","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":51,"width":14,"height":4}},{"id":"ca495187-f9aa-443b-9030-f8401c7a6e84","block_type":"box","text":"Minimum initial","page_number":1,"box":{"x":39,"y":315,"width":85,"height":7}},{"id":"6dec0822-4104-4fb5-a917-27a39be07e5e","block_type":"box","text":"investment","page_number":1,"box":{"x":39,"y":326,"width":63,"height":6}},{"id":"3ff6707a-39c4-4568-84dd-fed3d4395600","block_type":"box","text":"ISIN","page_number":1,"box":{"x":142,"y":326,"width":22,"height":6}},{"id":"ca37a2dc-e1ac-4ef8-87f0-0808d4fd1af1","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":238,"y":326,"width":41,"height":6}},{"id":"337bbd70-d6c4-4d94-87b4-6fa98f98e162","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":305,"y":326,"width":60,"height":8}},{"id":"6ff05bb1-2d13-4178-b96e-325ec5d5f17b","block_type":"box","text":"Investment","page_number":1,"box":{"x":375,"y":316,"width":64,"height":6}},{"id":"27bf533f-2bde-4595-a859-1e8d1fb5d85a","block_type":"box","text":"structure","page_number":1,"box":{"x":375,"y":327,"width":52,"height":5}},{"id":"370deefa-89c8-41cd-b7eb-1b16e23bbe3c","block_type":"box","text":"SRRI","page_number":1,"box":{"x":489,"y":326,"width":27,"height":6}},{"id":"3b31a147-c628-4003-88b5-804b628643d7","block_type":"box","text":"‡","page_number":1,"box":{"x":516,"y":325,"width":5,"height":4}},{"id":"497ea00f-6920-478a-a3f1-f9ed46e6dc72","block_type":"box","text":"Index","page_number":1,"box":{"x":562,"y":316,"width":30,"height":6}},{"id":"225cdd73-3c7f-4fd0-ae64-ee19b86c6021","block_type":"box","text":"ticker","page_number":1,"box":{"x":562,"y":326,"width":32,"height":6}},{"id":"e077f02d-a820-4662-9b71-7dfac6b7dbb2","block_type":"box","text":"Domicile","page_number":1,"box":{"x":636,"y":326,"width":47,"height":6}},{"id":"5af2fbf3-0a55-4ba4-a940-a301d8194328","block_type":"box","text":"Settlement","page_number":1,"box":{"x":751,"y":326,"width":64,"height":6}},{"id":"bbabb6c0-36a9-46fe-af95-7d9387eb1317","block_type":"box","text":"Trading frequency","page_number":1,"box":{"x":833,"y":315,"width":102,"height":8}},{"id":"da894abd-b3c6-42d0-a422-e7287b53d08e","block_type":"box","text":"(cut-off)","page_number":1,"box":{"x":833,"y":326,"width":49,"height":7}},{"id":"c4e3a9c8-cf67-445e-a05d-fb23f8a349ba","block_type":"box","text":"£1,000,000","page_number":1,"box":{"x":39,"y":345,"width":49,"height":6}},{"id":"2e36cf81-42b7-4cec-95d1-0f57c0d8bc5c","block_type":"box","text":"IE00B1S74W91","page_number":1,"box":{"x":142,"y":345,"width":68,"height":5}},{"id":"1515bbde-509c-4dec-b894-8ff44192aa20","block_type":"box","text":"B1S74W9","page_number":1,"box":{"x":239,"y":345,"width":43,"height":5}},{"id":"e0691e13-a751-4754-a5c8-ad48ed390f90","block_type":"box","text":"VANUKAI","page_number":1,"box":{"x":305,"y":345,"width":40,"height":5}},{"id":"b70b86bc-02d3-452f-8f17-57a91c857171","block_type":"box","text":"UCITS","page_number":1,"box":{"x":375,"y":345,"width":26,"height":5}},{"id":"45cf6116-0764-4d93-8b05-c490f53c32ac","block_type":"box","text":"4","page_number":1,"box":{"x":489,"y":345,"width":5,"height":5}},{"id":"89fd3258-255c-4bd0-bc36-d7e9a39035b8","block_type":"box","text":"I23046GB","page_number":1,"box":{"x":562,"y":345,"width":43,"height":5}},{"id":"0f561d02-fcce-4045-a75b-13174b102b41","block_type":"box","text":"Ireland","page_number":1,"box":{"x":636,"y":345,"width":28,"height":5}},{"id":"1e219f94-0915-4b91-9e0e-a7feef57cd16","block_type":"box","text":"T+2","page_number":1,"box":{"x":751,"y":345,"width":15,"height":5}},{"id":"079c1738-c290-47fe-9962-60a16c212151","block_type":"box","text":"Daily (12:00 Irish Time)","page_number":1,"box":{"x":833,"y":345,"width":98,"height":6}},{"id":"41ca1d76-ca89-4b2a-9c91-6eed1fbc1c1e","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":128,"width":229,"height":9}},{"id":"4e71fb25-7652-47c7-b813-54f89844d368","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":142,"width":84,"height":9}},{"id":"fb08d66f-68e0-4bf0-8d86-1bab0bb25b2c","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":142,"width":7,"height":12}},{"id":"de982f5d-d7bf-4a97-9940-a3f56b3c7922","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":143,"width":161,"height":10}},{"id":"5c5ae702-7850-4ff6-9872-f7bffe0afe6a","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":1,"box":{"x":38,"y":173,"width":724,"height":20}},{"id":"995632c4-827e-417c-b420-3cd52bf9dacd","block_type":"box","text":"GBP Dist","page_number":1,"box":{"x":39,"y":198,"width":77,"height":10}},{"id":"f6abfce7-0546-41f1-acba-3412ad4d0ec7","block_type":"box","text":"Inception date: 31 October 2007","page_number":1,"box":{"x":40,"y":215,"width":233,"height":10}},{"id":"93583a14-774a-400f-9dae-43e203f5d29b","block_type":"box","text":"Total assets (million) £3,970","page_number":1,"box":{"x":38,"y":232,"width":161,"height":7}},{"id":"62a053bc-c8dd-4a87-a922-833d53af65a8","block_type":"box","text":"|","page_number":1,"box":{"x":204,"y":232,"width":2,"height":7}},{"id":"38faf84c-9e91-495f-acb1-8b044cc68cb9","block_type":"box","text":"Share class assets (million) £204 as at 30 September 2026","page_number":1,"box":{"x":211,"y":232,"width":334,"height":8}},{"id":"2a659fbb-4441-4442-93fd-8a37c7c24a71","block_type":"box","text":"Ongoing Charges Figure","page_number":1,"box":{"x":39,"y":432,"width":154,"height":9}},{"id":"ed03f2bc-5002-4013-8daf-1fd56838b7d1","block_type":"box","text":"†","page_number":1,"box":{"x":194,"y":433,"width":4,"height":3}},{"id":"f8c24ee4-a5a9-4434-b55b-a320a0441eda","block_type":"box","text":"0.12 %","page_number":1,"box":{"x":228,"y":433,"width":32,"height":6}},{"id":"611ba0e9-9dbb-4e71-823b-f472e0a237b9","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":"e56535a4-1529-416b-bfdb-03a133c1ef31","block_type":"box","text":"e Funds.","page_number":1,"box":{"x":761,"y":448,"width":41,"height":6}},{"id":"68390285-8d15-4a3d-8ca8-1ec31be34e46","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":467,"width":213,"height":9}},{"id":"b56d8db7-1c5e-4a9a-8e4c-0f6d05e31ebb","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":486,"width":3,"height":2}},{"id":"ab73348b-4eaf-4170-9c0f-e4abfde9b716","block_type":"box","text":"The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the pe","page_number":1,"box":{"x":51,"y":483,"width":732,"height":8}},{"id":"ce49efe7-7281-4da0-aa4b-5de4adbfa9ba","block_type":"box","text":"rformance of the Bloomberg GBP","page_number":1,"box":{"x":784,"y":483,"width":167,"height":8}},{"id":"baac4494-610f-423c-8866-4252eb91eb45","block_type":"box","text":"Non Government Float Adjusted Bond Index (the “Index”).","page_number":1,"box":{"x":51,"y":494,"width":288,"height":8}},{"id":"7192509e-f7d1-4b9a-a34f-9ab9f744f7e0","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":508,"width":3,"height":3}},{"id":"129870ca-0684-47d8-bed9-ba3e68890d8a","block_type":"box","text":"The Index is a market-weighted index of pound sterling denominated investment-grade fixed-income securities with maturities greater than one year and","page_number":1,"box":{"x":51,"y":506,"width":766,"height":8}},{"id":"66a088c0-cc25-46bd-91ef-a6769a83ba41","block_type":"box","text":"a minimum issue size of","page_number":1,"box":{"x":821,"y":506,"width":118,"height":6}},{"id":"b858d624-1cd6-48d9-9d5a-26ccf2cd55be","block_type":"box","text":"GBP 200 million, but excluding certain sectors as set out below. The Index includes securities issued by corporate, securitised, and government-relate","page_number":1,"box":{"x":51,"y":517,"width":741,"height":7}},{"id":"1013d103-e22e-4779-9dd6-2074d8ab5a0b","block_type":"box","text":"d/supranational entities,","page_number":1,"box":{"x":793,"y":516,"width":123,"height":8}},{"id":"1a3c54db-27b2-48a0-88a1-ba5d93ba30fe","block_type":"box","text":"including non UK governments who issue securities in pound sterling, but excludes UK Treasury, UK agency and UK local authority issuers.","page_number":1,"box":{"x":51,"y":527,"width":682,"height":8}},{"id":"967404b1-afe7-4529-96da-7f04f66aca14","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":542,"width":3,"height":2}},{"id":"55326b56-acd3-4355-b7b3-58fe5820ca36","block_type":"box","text":"The Fund attempts to: 1. Track the performance of the Index by investing through physical acquisition in a portfolio of securities that, insofar as po","page_number":1,"box":{"x":51,"y":540,"width":731,"height":7}},{"id":"d578395c-5342-4b32-a81d-692615a98f72","block_type":"box","text":"ssible and practicable, consists of a","page_number":1,"box":{"x":783,"y":540,"width":175,"height":7}},{"id":"5c2c3e8f-c78f-42ac-9b35-814e4b002ede","block_type":"box","text":"representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditio","page_number":1,"box":{"x":51,"y":550,"width":733,"height":8}},{"id":"ad26c265-d6b9-42e5-99da-fc01a4822d6e","block_type":"box","text":"ns where the Fund may","page_number":1,"box":{"x":786,"y":550,"width":116,"height":8}},{"id":"78b794ca-bf45-4845-acd5-4457ee51227c","block_type":"box","text":"temporarily depart from this investment policy to avoid losses.","page_number":1,"box":{"x":51,"y":561,"width":312,"height":7}},{"id":"8f8863eb-9219-4a18-b88e-c26c5c0a165d","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":39,"y":582,"width":133,"height":9}},{"id":"8386a16a-44f4-416c-a9e5-937f46fa3a4c","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":38,"y":601,"width":193,"height":8}},{"id":"d5ba0daf-fe92-407f-9c22-635c59166613","block_type":"box","text":"‡","page_number":1,"box":{"x":33,"y":964,"width":4,"height":6}},{"id":"07aa3a6b-6564-4861-8cc8-23a2e1e25df0","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":964,"width":206,"height":7}},{"id":"0c95fdeb-66cd-4650-93a5-0cdacb241a78","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":"2f062cc2-ed40-4661-8b46-7ec1975d3d48","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":2,"box":{"x":38,"y":32,"width":724,"height":20}},{"id":"39e780d5-9d6f-4fbf-a62e-743177c4793e","block_type":"box","text":"GBP Dist","page_number":2,"box":{"x":39,"y":57,"width":77,"height":10}},{"id":"fc8114cb-95dc-4486-aa30-1e719d150889","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":124,"width":127,"height":8}},{"id":"d687338d-3a74-41a2-96a9-cec023f22d83","block_type":"box","text":"GBP","page_number":2,"box":{"x":39,"y":142,"width":21,"height":6}},{"id":"01dadb43-16a6-443f-a894-2b05bfa8e89d","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":145,"width":8,"height":1}},{"id":"cbaecfeb-f204-4bbc-90fd-5515e8fea7e8","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":2,"box":{"x":69,"y":142,"width":251,"height":8}},{"id":"72901971-f9a3-4fec-ad7a-a72eca8efe24","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":153,"width":56,"height":6}},{"id":"8836b16b-e580-4ef0-8b0e-fd71637bce35","block_type":"box","text":"— Bloomberg GBP Non-Government Float Adjusted Bond Index","page_number":2,"box":{"x":98,"y":153,"width":315,"height":7}},{"id":"cb945873-2561-4877-8606-d35d93908d4a","block_type":"box","text":"-","page_number":2,"box":{"x":414,"y":156,"width":3,"height":1}},{"id":"8d0c7f0b-8252-482d-ac4d-b27589059eb4","block_type":"box","text":"The benchmark for this portfolio was Bloomberg Global Aggregate U.K. Non-Government Bond Index","page_number":2,"box":{"x":420,"y":153,"width":505,"height":7}},{"id":"a741bd28-2eee-4227-bec8-fdbf4bd421a2","block_type":"box","text":"through 30 June 2010 and Bloomberg Global Aggregate U.K. Non-Government Float Adjusted Bond Index thereafter.","page_number":2,"box":{"x":38,"y":163,"width":586,"height":8}},{"id":"e416e445-b574-4647-a719-bbb23c602944","block_type":"box","text":"01 Oct 2016","page_number":2,"box":{"x":197,"y":583,"width":53,"height":5}},{"id":"a4f89716-636d-4da5-a3ac-9b116f9fef41","block_type":"box","text":"-","page_number":2,"box":{"x":223,"y":595,"width":3,"height":1}},{"id":"b1329932-0f2e-4bb5-bf48-f9c23da11b2c","block_type":"box","text":"30 Sep 2017","page_number":2,"box":{"x":197,"y":601,"width":53,"height":6}},{"id":"5f5ca508-9358-4fb6-ab30-d61afe4e1bff","block_type":"box","text":"01 Oct 2017","page_number":2,"box":{"x":274,"y":583,"width":53,"height":5}},{"id":"d744ed35-45e5-4aa9-9d8a-ed51ce4322af","block_type":"box","text":"-","page_number":2,"box":{"x":301,"y":595,"width":2,"height":1}},{"id":"d7ff15a6-a5fd-41ad-a327-29eb79c32c8d","block_type":"box","text":"30 Sep 2018","page_number":2,"box":{"x":274,"y":601,"width":53,"height":6}},{"id":"61e5d2cb-e5bf-4e63-8850-9670cf97bfa9","block_type":"box","text":"01 Oct 2018","page_number":2,"box":{"x":352,"y":583,"width":53,"height":5}},{"id":"b580d4e3-a0fa-4021-b7e4-454be7784ae5","block_type":"box","text":"-","page_number":2,"box":{"x":378,"y":595,"width":3,"height":1}},{"id":"a9c6328d-ce73-404a-8ffa-8b0e3dc12c5b","block_type":"box","text":"30 Sep 2019","page_number":2,"box":{"x":351,"y":601,"width":54,"height":6}},{"id":"1bdf42a0-539b-4ff2-b866-35b3971debba","block_type":"box","text":"01 Oct 2019","page_number":2,"box":{"x":429,"y":583,"width":53,"height":5}},{"id":"07342b0d-b9ad-4b0e-8379-0aa4b1a5773d","block_type":"box","text":"-","page_number":2,"box":{"x":456,"y":595,"width":2,"height":1}},{"id":"a25d2d4f-c15f-4548-b174-1d3443fa3187","block_type":"box","text":"30 Sep 2020","page_number":2,"box":{"x":429,"y":601,"width":53,"height":6}},{"id":"e33df689-71a3-4ba0-b85a-20194fe60bd6","block_type":"box","text":"01 Oct 2020","page_number":2,"box":{"x":507,"y":583,"width":53,"height":5}},{"id":"2a87d9ec-f2a8-419d-b2c7-94b18f24ab39","block_type":"box","text":"-","page_number":2,"box":{"x":533,"y":595,"width":2,"height":1}},{"id":"89f9df56-91ba-46b9-a2a6-f3df14c644dc","block_type":"box","text":"30 Sep 2021","page_number":2,"box":{"x":506,"y":601,"width":54,"height":6}},{"id":"45901618-6aca-443f-ba22-2ed0f6dcce8e","block_type":"box","text":"01 Oct 2021","page_number":2,"box":{"x":584,"y":583,"width":53,"height":5}},{"id":"2cd7a8b5-9d2e-442a-8f96-d62db2f5f5dc","block_type":"box","text":"-","page_number":2,"box":{"x":610,"y":595,"width":3,"height":1}},{"id":"4b525064-482b-40a3-a5da-3c9de616f3f9","block_type":"box","text":"30 Sep 2022","page_number":2,"box":{"x":584,"y":601,"width":53,"height":6}},{"id":"5526e207-ba20-4e4d-a3cf-1eb603dd5ae0","block_type":"box","text":"01 Oct 2022","page_number":2,"box":{"x":661,"y":583,"width":53,"height":5}},{"id":"2626785b-16a1-437e-8dab-a25f14afe400","block_type":"box","text":"-","page_number":2,"box":{"x":688,"y":595,"width":2,"height":1}},{"id":"bb16d11b-a36f-41a3-abe3-0de27b2c83f8","block_type":"box","text":"30 Sep 2023","page_number":2,"box":{"x":661,"y":601,"width":53,"height":6}},{"id":"8e4afa46-bfee-4bbe-bac4-3fdae86334a0","block_type":"box","text":"01 Oct 2023","page_number":2,"box":{"x":739,"y":583,"width":53,"height":5}},{"id":"4d6b4151-bbde-4865-ad09-ea27ffe93e70","block_type":"box","text":"-","page_number":2,"box":{"x":765,"y":595,"width":3,"height":1}},{"id":"ffc62697-90c6-4e9f-98bd-2a68d7038ce7","block_type":"box","text":"30 Sep 2024","page_number":2,"box":{"x":739,"y":601,"width":53,"height":6}},{"id":"997dbfd7-70fa-46de-83ed-36df30f84b2a","block_type":"box","text":"01 Oct 2024","page_number":2,"box":{"x":816,"y":583,"width":53,"height":5}},{"id":"ac4884b8-603b-4971-86e8-cd77916888c8","block_type":"box","text":"-","page_number":2,"box":{"x":843,"y":595,"width":2,"height":1}},{"id":"ddfa2ef6-d128-4507-9c85-eb6a6751dda6","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":816,"y":601,"width":53,"height":6}},{"id":"5dc2b381-4cc9-4c02-9538-a0193ceb374c","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":894,"y":583,"width":53,"height":5}},{"id":"4dfb32bc-aa3e-4280-8866-77590717cd3f","block_type":"box","text":"-","page_number":2,"box":{"x":920,"y":595,"width":3,"height":1}},{"id":"2bc7801c-93bb-4e3a-ab5f-ad4350e60cc8","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":894,"y":601,"width":53,"height":6}},{"id":"2232b439-9835-466d-852a-01a500ef5f18","block_type":"box","text":"Fund","page_number":2,"box":{"x":63,"y":617,"width":20,"height":5}},{"id":"1328217c-2332-4474-b1cc-de4497211291","block_type":"box","text":"(Net of expenses)","page_number":2,"box":{"x":87,"y":618,"width":62,"height":5}},{"id":"e6eee8f3-ce2c-430f-a3af-afef5d2bcf86","block_type":"box","text":"-0.47%","page_number":2,"box":{"x":208,"y":618,"width":30,"height":5}},{"id":"4bffc584-28ec-4f6a-ad5a-781a894515b8","block_type":"box","text":"0.68%","page_number":2,"box":{"x":287,"y":618,"width":27,"height":5}},{"id":"de978d86-3b59-4fb3-b03f-600ab898a964","block_type":"box","text":"9.37%","page_number":2,"box":{"x":365,"y":618,"width":26,"height":5}},{"id":"b67cd584-bdfd-4668-9149-d58121f2741a","block_type":"box","text":"3.85%","page_number":2,"box":{"x":442,"y":618,"width":27,"height":5}},{"id":"55ab3092-7859-4d53-b9cd-f0174e23f55b","block_type":"box","text":"0.13%","page_number":2,"box":{"x":519,"y":618,"width":27,"height":5}},{"id":"b511c107-4192-4131-a817-9894c5b599a7","block_type":"box","text":"-22.25%","page_number":2,"box":{"x":592,"y":618,"width":36,"height":5}},{"id":"adf8b58f-8ede-462c-bbbd-521c994250c1","block_type":"box","text":"6.88%","page_number":2,"box":{"x":674,"y":618,"width":27,"height":5}},{"id":"214dcc2b-be44-4c3e-87ca-e17d155b350c","block_type":"box","text":"9.66%","page_number":2,"box":{"x":752,"y":618,"width":27,"height":5}},{"id":"9d59c439-7b20-4470-8ee2-0f61b6b5a20f","block_type":"box","text":"3.68%","page_number":2,"box":{"x":829,"y":618,"width":27,"height":5}},{"id":"769b1417-6d21-43f1-8e52-0b01e631468d","block_type":"box","text":"1.73%","page_number":2,"box":{"x":907,"y":618,"width":27,"height":5}},{"id":"b2b0e755-4c6f-4b1d-8c9e-cc475a98c71e","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":634,"width":48,"height":5}},{"id":"9549f4c5-30c5-4788-bc96-f15352dc4af3","block_type":"box","text":"-0.09%","page_number":2,"box":{"x":208,"y":635,"width":30,"height":5}},{"id":"d76188c2-b4ec-4ac3-9c93-2182f40cfcd8","block_type":"box","text":"0.17%","page_number":2,"box":{"x":287,"y":635,"width":27,"height":5}},{"id":"8629db45-7410-4073-82f5-82a6446db575","block_type":"box","text":"10.06%","page_number":2,"box":{"x":362,"y":635,"width":32,"height":5}},{"id":"d60ea727-0a67-4f9a-90a1-e6dbd44867cc","block_type":"box","text":"3.96%","page_number":2,"box":{"x":442,"y":635,"width":27,"height":5}},{"id":"c65dc690-bb23-4942-a471-4c21b694ea32","block_type":"box","text":"-0.28%","page_number":2,"box":{"x":518,"y":635,"width":30,"height":5}},{"id":"ac5e2715-4e1a-4eb7-9658-b09c6b52e7b2","block_type":"box","text":"-21.76%","page_number":2,"box":{"x":592,"y":635,"width":36,"height":5}},{"id":"f8a4dba2-dd46-4884-a469-8db1b2d35b0d","block_type":"box","text":"7.01%","page_number":2,"box":{"x":675,"y":635,"width":26,"height":5}},{"id":"f085eff7-1319-4813-a32c-8931ba0e718f","block_type":"box","text":"9.70%","page_number":2,"box":{"x":752,"y":635,"width":27,"height":5}},{"id":"e874d588-ff26-4cae-bbcf-f6f077f5d948","block_type":"box","text":"3.79%","page_number":2,"box":{"x":829,"y":635,"width":27,"height":5}},{"id":"be571a24-4906-4855-875c-3b8084df32c8","block_type":"box","text":"1.78%","page_number":2,"box":{"x":907,"y":635,"width":27,"height":5}},{"id":"a2c019bf-3cd3-424c-a251-45b7f50b8a14","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":206,"width":148,"height":8}},{"id":"07f2f5bf-6f4e-4862-b973-fa01d0dd0240","block_type":"box","text":"1 month","page_number":2,"box":{"x":281,"y":207,"width":41,"height":6}},{"id":"11cca201-de2c-4c3b-bdaf-1b5a7a998cb4","block_type":"box","text":"Quarter","page_number":2,"box":{"x":374,"y":207,"width":39,"height":6}},{"id":"2b59893e-eae2-4f99-a5c6-1dd8173f2d92","block_type":"box","text":"Year to","page_number":2,"box":{"x":468,"y":197,"width":36,"height":5}},{"id":"81798c48-fcef-4d2f-98b9-e79d2f47f967","block_type":"box","text":"date","page_number":2,"box":{"x":482,"y":207,"width":22,"height":6}},{"id":"677c89f8-7da6-4319-abb1-2fbe0877ac22","block_type":"box","text":"1 year","page_number":2,"box":{"x":552,"y":207,"width":30,"height":7}},{"id":"b12a0f3f-d47f-42ac-ac73-21ef13633f6c","block_type":"box","text":"3 years","page_number":2,"box":{"x":627,"y":207,"width":35,"height":7}},{"id":"a84d4673-5031-413c-a1c6-e50694e9191e","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":207,"width":36,"height":7}},{"id":"fe9655f4-4d59-4b42-b2fc-eba8e7905500","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":207,"width":41,"height":7}},{"id":"6ff6e3da-2804-422c-896d-d78c1433d801","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":197,"width":26,"height":5}},{"id":"6288221e-eb7e-4e9d-9e13-523d47a77ede","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":207,"width":44,"height":7}},{"id":"356ed3b2-e0d4-4546-85c3-bcceb25a2607","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":224,"width":20,"height":5}},{"id":"78b17df0-159d-40c0-9cff-7bfa4a339a61","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":225,"width":59,"height":5}},{"id":"4ccce414-ed67-4545-a256-64613db5a3d0","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":224,"width":3,"height":6}},{"id":"c46285ea-873b-4698-bf60-816dea4eecb7","block_type":"box","text":"-1.07%","page_number":2,"box":{"x":291,"y":224,"width":30,"height":5}},{"id":"b86dd54d-6b67-4fe3-8ace-15a0532294e6","block_type":"box","text":"-1.70%","page_number":2,"box":{"x":382,"y":224,"width":31,"height":5}},{"id":"da984ab4-9973-40aa-93f7-c7bf5188b24f","block_type":"box","text":"-0.80%","page_number":2,"box":{"x":474,"y":224,"width":30,"height":5}},{"id":"d127163a-aeeb-4fb3-b92e-1749ab1c96d3","block_type":"box","text":"1.73%","page_number":2,"box":{"x":555,"y":224,"width":26,"height":5}},{"id":"0e832954-9cbb-4c89-9dcf-686e295a18fa","block_type":"box","text":"4.97%","page_number":2,"box":{"x":635,"y":224,"width":27,"height":5}},{"id":"c4f4dd52-3662-4dd6-a2d4-8ce58e3ffb7a","block_type":"box","text":"-0.79%","page_number":2,"box":{"x":729,"y":224,"width":30,"height":5}},{"id":"3ed9c2a0-3a4f-42e9-a726-14f8cf3636a0","block_type":"box","text":"0.92%","page_number":2,"box":{"x":827,"y":224,"width":27,"height":5}},{"id":"daff2bc3-67e6-4720-80f9-5ea6a7d0557d","block_type":"box","text":"3.75%","page_number":2,"box":{"x":925,"y":224,"width":27,"height":5}},{"id":"456f05a2-56ec-479e-afca-c8ac06987a67","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":241,"width":48,"height":5}},{"id":"692a9517-8471-4e42-a94d-bc1a9421cbeb","block_type":"box","text":"-1.05%","page_number":2,"box":{"x":291,"y":240,"width":30,"height":5}},{"id":"fa62b126-1e6a-4d9c-b0d4-b5840d0328b4","block_type":"box","text":"-1.67%","page_number":2,"box":{"x":382,"y":240,"width":31,"height":5}},{"id":"f17468fa-a1cb-40ee-963a-bff4f8abcd91","block_type":"box","text":"-0.77%","page_number":2,"box":{"x":474,"y":240,"width":30,"height":5}},{"id":"aca8b649-4674-472d-9797-ad57af77b0fd","block_type":"box","text":"1.78%","page_number":2,"box":{"x":555,"y":240,"width":26,"height":5}},{"id":"add132c5-111e-4cfb-a5cb-a590906989f9","block_type":"box","text":"5.04%","page_number":2,"box":{"x":635,"y":240,"width":27,"height":5}},{"id":"c20d8acd-e31b-4b66-ac4a-db2a03f6b573","block_type":"box","text":"-0.60%","page_number":2,"box":{"x":729,"y":240,"width":30,"height":5}},{"id":"3135e981-4f34-467f-af08-f4a436d9d7e9","block_type":"box","text":"1.03%","page_number":2,"box":{"x":828,"y":240,"width":26,"height":5}},{"id":"63100181-0509-45d4-94be-b32e21acaf72","block_type":"box","text":"3.82%","page_number":2,"box":{"x":925,"y":240,"width":27,"height":5}},{"id":"e661f2be-7260-490b-9167-50dc9b73c775","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":256,"width":766,"height":8}},{"id":"128b8515-33c0-43ff-8db1-b32cd09a6c59","block_type":"box","text":"ing. The NAV of a Fund","page_number":2,"box":{"x":806,"y":256,"width":115,"height":8}},{"id":"d8645f37-1b60-4753-8c59-6bebeb7b64c9","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":265,"width":754,"height":8}},{"id":"2d1beeb6-8153-4bc2-bd65-c7b13089cd83","block_type":"box","text":"Fund. The benchmark","page_number":2,"box":{"x":798,"y":266,"width":109,"height":6}},{"id":"1b6a30f0-9c97-4ded-85d7-501fe5737779","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":275,"width":715,"height":8}},{"id":"1a966278-f2fe-4e91-8b3d-31f7936a0595","block_type":"box","text":"Performance and Data is calculated on closing NAV as at 30 September 2026.","page_number":2,"box":{"x":39,"y":289,"width":390,"height":7}},{"id":"2841e056-d47d-4d9e-a775-7bcd79af4bce","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":2,"box":{"x":39,"y":302,"width":307,"height":8}},{"id":"5f434bcb-f09b-401a-a09e-a53361c43a3e","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":316,"width":736,"height":8}},{"id":"54907627-bad4-4469-92c6-67efe502d0bc","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":316,"width":143,"height":6}},{"id":"4a0aa282-f1a5-430e-9613-719a102d79c3","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":325,"width":759,"height":8}},{"id":"4641e708-6223-4e42-be2d-75bd525aa5c1","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":325,"width":97,"height":7}},{"id":"953bbf56-739e-4698-8f23-32f9d4f9a8a3","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in GBP, net of fees.","page_number":2,"box":{"x":39,"y":335,"width":604,"height":8}},{"id":"3b67dd26-aca2-4578-a0b2-f7792e0167b2","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":362,"width":88,"height":8}},{"id":"e0208f9b-db05-4063-a4ff-20ca42ef0fa6","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":412,"width":167,"height":7}},{"id":"df221d3f-2263-4ba7-931c-cf348e2b1968","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":"5794364f-dd94-489e-b05e-16cf20885511","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":678,"width":117,"height":8}},{"id":"702b0948-715b-4d23-8c7d-4b3366888e33","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":692,"width":721,"height":8}},{"id":"4a9b62fc-d3dc-4469-8a63-adeb6c10d4d2","block_type":"box","text":"lity which, in turn, are driven by","page_number":2,"box":{"x":761,"y":693,"width":154,"height":7}},{"id":"8d8a5cdb-7138-4d0f-b8a1-0b6f5462654e","block_type":"box","text":"other factors including political, economic news, company earnings and significant corporate events. Movements in currency exchange rates can adversel","page_number":2,"box":{"x":39,"y":702,"width":762,"height":8}},{"id":"4bd34736-01ea-458b-84a0-9ec32f2b4d83","block_type":"box","text":"y affect the return of your","page_number":2,"box":{"x":802,"y":702,"width":131,"height":8}},{"id":"fef31f9b-771c-4080-b8bb-9e97c664785c","block_type":"box","text":"investment.","page_number":2,"box":{"x":39,"y":712,"width":58,"height":6}},{"id":"0afeb298-2442-498e-a5a1-ead1d36e46c9","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":726,"width":608,"height":8}},{"id":"f602e654-b1f4-421c-b1af-9bdbc7c93fd3","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":8}},{"id":"3365cec3-369c-4d93-9724-de7eae7bd2c7","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":754,"width":734,"height":8}},{"id":"b6ed0cee-23d8-433f-ae6d-d54ea5595395","block_type":"box","text":"er instruments, may expose the","page_number":2,"box":{"x":774,"y":755,"width":157,"height":7}},{"id":"f0bf2d36-8c86-49a6-a60d-10906c569c8e","block_type":"box","text":"Fund to financial loss.","page_number":2,"box":{"x":39,"y":764,"width":107,"height":6}},{"id":"1c6e89ba-d203-4bca-a492-a89933ff9c09","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":778,"width":743,"height":8}},{"id":"3f7e83ab-5c2a-42cd-ae83-a6901b9ee846","block_type":"box","text":"to provide investment results","page_number":2,"box":{"x":786,"y":778,"width":145,"height":8}},{"id":"04ff5a71-1fde-4413-95bd-8b481218d9fb","block_type":"box","text":"that, before expenses, generally correspond to the price and yield performance of the Index.","page_number":2,"box":{"x":38,"y":788,"width":458,"height":8}},{"id":"7679c4e4-23d8-47db-8aae-b5db9b6267e5","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":802,"width":749,"height":8}},{"id":"ba18caef-7d23-4159-8a61-999785f5641d","block_type":"box","text":"here is the risk that the","page_number":2,"box":{"x":789,"y":802,"width":115,"height":6}},{"id":"249dd6ed-c991-43da-b705-bcc3f7cc52f2","block_type":"box","text":"securities selected for the Fund may not, in the aggregate, approximate the full Index.","page_number":2,"box":{"x":39,"y":812,"width":428,"height":8}},{"id":"9991bf6d-144a-48d5-9a68-967080e6cfc0","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":826,"width":721,"height":8}},{"id":"4e53b4ec-5a97-44ce-8a55-8f49cb697cb6","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":842,"width":772,"height":8}},{"id":"5aa9e61c-05cd-4616-bee2-2c58585ad992","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":842,"width":22,"height":6}},{"id":"3e6a3c16-983f-45a7-9d7e-f2f3e5e44693","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":95,"width":87,"height":6}},{"id":"30753a3a-cec2-4bb3-b2dc-605b827a2b33","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":96,"width":20,"height":5}},{"id":"7548012c-ef6e-434d-931e-5e8bb9918156","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":96,"width":47,"height":5}},{"id":"2609e99c-db69-42c6-9172-db03d2984905","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":107,"width":73,"height":5}},{"id":"838e1913-b7a4-4165-8877-5150ef53426e","block_type":"box","text":"1,137","page_number":3,"box":{"x":607,"y":107,"width":23,"height":6}},{"id":"0b3999ab-df30-4ecd-9ca1-d9a3134eff8e","block_type":"box","text":"1,189","page_number":3,"box":{"x":788,"y":107,"width":23,"height":6}},{"id":"29c92609-477b-43f7-875c-d441de113646","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":118,"width":60,"height":5}},{"id":"a489a0c8-ede4-4284-bd85-641399d8cdf9","block_type":"box","text":"5.83%","page_number":3,"box":{"x":603,"y":118,"width":27,"height":5}},{"id":"f59f1603-f78a-4877-99f6-93b83bb171ec","block_type":"box","text":"5.83%","page_number":3,"box":{"x":785,"y":118,"width":26,"height":5}},{"id":"63474a6c-3dda-4533-9be0-3f324be52909","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":130,"width":69,"height":6}},{"id":"d7b30d64-3ba6-4fa2-ad0d-d7d0148c9d00","block_type":"box","text":"4.7%","page_number":3,"box":{"x":609,"y":130,"width":21,"height":5}},{"id":"65d3d8c1-52da-4c1f-a770-982463291bf3","block_type":"box","text":"4.5%","page_number":3,"box":{"x":790,"y":130,"width":21,"height":5}},{"id":"916442ba-c7fa-4d38-b368-2ba5a9c43b94","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":142,"width":76,"height":6}},{"id":"861d5047-73d7-47ba-aae2-0d283e380643","block_type":"box","text":"7.5 years","page_number":3,"box":{"x":592,"y":142,"width":38,"height":6}},{"id":"5f88960a-d122-428e-8a55-6eed48bd2431","block_type":"box","text":"7.4 years","page_number":3,"box":{"x":774,"y":142,"width":38,"height":6}},{"id":"c8845c3b-5b84-4905-b41c-f42e1c2a984b","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":153,"width":67,"height":6}},{"id":"f85f88b8-272c-4a7f-b1b2-72d9d9e81844","block_type":"box","text":"A","page_number":3,"box":{"x":624,"y":153,"width":6,"height":5}},{"id":"2bd3dd4c-2898-482f-ab42-fbe0cd92e94b","block_type":"box","text":"A","page_number":3,"box":{"x":806,"y":153,"width":6,"height":5}},{"id":"76a6c717-8c58-44fe-abb7-3d92c059f1c8","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":164,"width":74,"height":7}},{"id":"f1638ffd-62fb-47f5-a08f-f66c77392713","block_type":"box","text":"5.0 years","page_number":3,"box":{"x":592,"y":165,"width":38,"height":6}},{"id":"7699a7f1-3bf3-439f-a7ae-f1738b1ed77c","block_type":"box","text":"5.0 years","page_number":3,"box":{"x":773,"y":165,"width":39,"height":6}},{"id":"82c05689-1ca3-4693-9fcc-5bef50ed45ae","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":176,"width":75,"height":5}},{"id":"cb373044-154a-485b-b6d4-621027b660f4","block_type":"box","text":"-0.0%","page_number":3,"box":{"x":605,"y":176,"width":25,"height":5}},{"id":"4af3bdd6-df2c-40c0-a617-d5e5e0c5a7b6","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":179,"width":7,"height":1}},{"id":"0bd00aff-6397-41c6-bcb7-d672aa62c3f0","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":188,"width":58,"height":5}},{"id":"49c0fb4e-c001-4a51-aaed-9e9fd861ab14","block_type":"box","text":"-10%","page_number":3,"box":{"x":608,"y":188,"width":22,"height":5}},{"id":"b912911e-7e89-40bd-b640-bdda3b28d6db","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":191,"width":7,"height":0}},{"id":"68c229b4-5b9f-4e2e-96fe-3405de57b1e9","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":"20eca6e7-e490-4bf5-929f-917306c58140","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":201,"width":105,"height":5}},{"id":"49493889-e11c-45c0-8323-e8f825d69caf","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":"1a6753e8-ad15-4c1f-b8ea-190b4b6b81c0","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":210,"width":168,"height":6}},{"id":"b20e9551-3a64-482a-97aa-d518fb7ba855","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":"2b51b8e5-e880-4409-8bc5-feadf4cb8d9a","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":246,"width":99,"height":6}},{"id":"82ad4359-38bd-4b0f-a1bd-28481e607186","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":163,"y":268,"width":68,"height":6}},{"id":"e596f013-02b1-4e1c-9ec9-410d5a55f3b4","block_type":"box","text":"39.5","page_number":3,"box":{"x":434,"y":268,"width":18,"height":5}},{"id":"23b67515-bb60-4e44-8b36-be16342fd16d","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":268,"width":8,"height":5}},{"id":"8b1a93d9-dbd9-4019-9172-058fefa0c19a","block_type":"box","text":"United States","page_number":3,"box":{"x":163,"y":279,"width":58,"height":5}},{"id":"52a41f90-3f12-44b5-8ba9-4edc016bba9c","block_type":"box","text":"14.2","page_number":3,"box":{"x":434,"y":279,"width":18,"height":5}},{"id":"927c662f-a44d-413b-b2dd-86e77f02c0a0","block_type":"box","text":"Supranational","page_number":3,"box":{"x":162,"y":290,"width":60,"height":6}},{"id":"60ce3e79-f29d-41d6-9895-397274cb88c5","block_type":"box","text":"13.6","page_number":3,"box":{"x":434,"y":290,"width":18,"height":5}},{"id":"1ea2ca91-128f-4b2d-a07c-2bfc8df38591","block_type":"box","text":"Germany","page_number":3,"box":{"x":162,"y":301,"width":39,"height":6}},{"id":"bae5451a-1a49-476e-848a-00652cdc6de1","block_type":"box","text":"8.6","page_number":3,"box":{"x":439,"y":301,"width":13,"height":5}},{"id":"7b0002c1-53e1-4f76-8550-fff138a718a9","block_type":"box","text":"France","page_number":3,"box":{"x":163,"y":312,"width":28,"height":5}},{"id":"2faafe42-d617-48d5-9422-3ebcc6937b2f","block_type":"box","text":"7.4","page_number":3,"box":{"x":440,"y":312,"width":12,"height":5}},{"id":"d4ae613d-6d47-4a0e-b87a-6c9a6893485a","block_type":"box","text":"Canada","page_number":3,"box":{"x":511,"y":268,"width":33,"height":5}},{"id":"2403027e-a494-4bce-bbb0-271bfb484a25","block_type":"box","text":"3.1","page_number":3,"box":{"x":786,"y":268,"width":13,"height":5}},{"id":"af1dbda9-d9b2-430f-a306-f41a89259199","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":268,"width":8,"height":5}},{"id":"887f84db-7fad-4292-9a03-52150b6bc53e","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":512,"y":279,"width":51,"height":5}},{"id":"d9999ea9-5e91-4ea5-8099-b197247a93ab","block_type":"box","text":"2.4","page_number":3,"box":{"x":786,"y":279,"width":13,"height":5}},{"id":"2a165b37-5ace-476c-a5a9-a9e3f08b124c","block_type":"box","text":"Italy","page_number":3,"box":{"x":512,"y":290,"width":18,"height":6}},{"id":"e9de2fb6-60d4-411c-84c1-117ff20f49ce","block_type":"box","text":"1.5","page_number":3,"box":{"x":787,"y":290,"width":12,"height":5}},{"id":"ca9c2110-5cd3-404e-9f35-9ab2bfd8207d","block_type":"box","text":"Spain","page_number":3,"box":{"x":511,"y":301,"width":24,"height":6}},{"id":"eac810d3-4c73-4efe-acaf-2b734dad3b41","block_type":"box","text":"1.2","page_number":3,"box":{"x":787,"y":301,"width":11,"height":5}},{"id":"52577c82-e00b-40c6-9def-16db9c32d743","block_type":"box","text":"Australia","page_number":3,"box":{"x":511,"y":312,"width":38,"height":5}},{"id":"33a3d009-e0f0-4910-8aeb-e4878f757875","block_type":"box","text":"1.0","page_number":3,"box":{"x":787,"y":312,"width":12,"height":5}},{"id":"5802980f-5c8a-4e25-8fc5-35b2f048d0d8","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":344,"width":240,"height":8}},{"id":"d8ae3902-86a7-45b8-a9ce-a4571ec1c7e9","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":445,"width":229,"height":7}},{"id":"74adb9a1-e705-4bce-a8cc-de32052276f2","block_type":"box","text":"AAA","page_number":3,"box":{"x":163,"y":467,"width":19,"height":5}},{"id":"525a8ae5-71fc-4a77-9fa6-055432a41eb6","block_type":"box","text":"21.4","page_number":3,"box":{"x":435,"y":467,"width":18,"height":5}},{"id":"757d3861-3682-4c1e-a304-c3471811908b","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":467,"width":8,"height":5}},{"id":"3a2a53e1-e3d7-4457-b3a5-eb40595a9126","block_type":"box","text":"AA","page_number":3,"box":{"x":163,"y":478,"width":12,"height":5}},{"id":"1ca1f934-85e4-4483-905f-b2c2142ea8d7","block_type":"box","text":"11.1","page_number":3,"box":{"x":435,"y":478,"width":18,"height":5}},{"id":"0f3b0b41-c1de-43ab-98ca-70e2814bbc63","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":489,"width":6,"height":5}},{"id":"bc0a9a75-6943-4f65-9a21-33c231f127e0","block_type":"box","text":"30.5","page_number":3,"box":{"x":435,"y":489,"width":18,"height":5}},{"id":"0799086f-1a57-4afb-b7ab-73be40bc54df","block_type":"box","text":"BBB","page_number":3,"box":{"x":164,"y":500,"width":17,"height":5}},{"id":"8dd306ab-9938-410d-a231-3f064b26a6b0","block_type":"box","text":"37.0","page_number":3,"box":{"x":435,"y":500,"width":18,"height":5}},{"id":"723a4c35-ad7e-45b5-91d1-c2b6ece7658a","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":164,"y":511,"width":43,"height":5}},{"id":"79ba718a-d96e-40ae-9431-9f6e0242574c","block_type":"box","text":"0.0","page_number":3,"box":{"x":441,"y":511,"width":12,"height":5}},{"id":"170d0e5b-6f6f-447e-913e-390fdb40f4b2","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":583,"width":186,"height":7}},{"id":"48482141-9e9e-4fbd-b726-25a82736dc66","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":718,"width":90,"height":8}},{"id":"444cda72-9d2c-4c6a-8d5e-0942e7fa4a94","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":3,"box":{"x":38,"y":31,"width":683,"height":19}},{"id":"d9171eb7-8145-43cb-91f5-c509a7181a95","block_type":"box","text":"GBP Dist","page_number":3,"box":{"x":39,"y":55,"width":77,"height":11}},{"id":"5fb7cfd7-647b-4ac4-b542-9118bc2fbe12","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":"17899f6b-6446-455a-983b-14ccbd2e658f","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":"16f772c0-e0d1-44e9-b259-9c254178ea18","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":162,"y":603,"width":140,"height":7}},{"id":"5da5b6fc-acc2-44b8-9df9-3853585f4797","block_type":"box","text":"36.5","page_number":3,"box":{"x":434,"y":603,"width":18,"height":5}},{"id":"63b923da-a0d0-4d99-89e0-4e3e0f9ae69b","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":603,"width":8,"height":5}},{"id":"4cdfdfd4-5ef1-426b-adb3-5868a7423439","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":162,"y":615,"width":97,"height":7}},{"id":"14a20af5-02fd-4875-8777-d403007e3278","block_type":"box","text":"19.8","page_number":3,"box":{"x":434,"y":615,"width":18,"height":5}},{"id":"36567cd1-d92e-4596-a77b-ab74fd742e40","block_type":"box","text":"Government-related - supranationals","page_number":3,"box":{"x":162,"y":627,"width":160,"height":7}},{"id":"8a9e152c-a2f2-472e-bca9-f309840d53d3","block_type":"box","text":"13.6","page_number":3,"box":{"x":434,"y":627,"width":18,"height":5}},{"id":"545bfa7c-70da-482c-8f6b-574f4eae8d0c","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":162,"y":639,"width":84,"height":7}},{"id":"5ae93bd9-822b-439d-9c75-d9bf82908043","block_type":"box","text":"11.6","page_number":3,"box":{"x":434,"y":639,"width":18,"height":5}},{"id":"6607e8db-3861-49b5-8af5-af86fb1dd3e1","block_type":"box","text":"Government-related - agencies","page_number":3,"box":{"x":162,"y":651,"width":133,"height":7}},{"id":"0d8ce0c7-da5d-4747-af90-88b9d5a96d31","block_type":"box","text":"11.6","page_number":3,"box":{"x":434,"y":651,"width":18,"height":5}},{"id":"ec62f367-e6eb-4755-a9ea-e25d92757705","block_type":"box","text":"Securitised","page_number":3,"box":{"x":511,"y":603,"width":47,"height":5}},{"id":"29913b54-eeb6-4fc4-8800-d131bd20d1fe","block_type":"box","text":"3.5","page_number":3,"box":{"x":786,"y":603,"width":13,"height":5}},{"id":"07db98de-d78f-470d-adcf-c6bc0aa600b3","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":603,"width":8,"height":5}},{"id":"fda980b8-067f-430e-9c2f-fd6963506eb8","block_type":"box","text":"Government-related - local authority","page_number":3,"box":{"x":511,"y":615,"width":158,"height":7}},{"id":"5e3c0c99-ac60-4a9e-8f0f-531ab376e2bd","block_type":"box","text":"2.3","page_number":3,"box":{"x":786,"y":615,"width":12,"height":5}},{"id":"65772fea-7353-49e5-9e38-1ddca357e0ec","block_type":"box","text":"Government-related - sovereign","page_number":3,"box":{"x":511,"y":627,"width":137,"height":7}},{"id":"68cc6253-d4cc-4e5d-abf1-a25b9dabbbe1","block_type":"box","text":"0.6","page_number":3,"box":{"x":786,"y":627,"width":13,"height":5}},{"id":"db1e1d10-f328-41b2-92ef-c986d8726a44","block_type":"box","text":"Treasury/federal","page_number":3,"box":{"x":511,"y":639,"width":72,"height":7}},{"id":"3cbb749e-6a0d-4651-b34b-c6001e8bb51c","block_type":"box","text":"0.4","page_number":3,"box":{"x":786,"y":639,"width":13,"height":5}},{"id":"c71609f6-1aa7-4b01-acbf-c4985e783375","block_type":"box","text":"Other","page_number":3,"box":{"x":511,"y":651,"width":25,"height":5}},{"id":"bebc4dbd-761c-4f6a-902d-5f6e69def9ea","block_type":"box","text":"0.1","page_number":3,"box":{"x":786,"y":651,"width":13,"height":5}},{"id":"82a77131-ea67-4503-bf2d-dcb3f846f65d","block_type":"box","text":"Glossary for fund characteristics","page_number":3,"box":{"x":39,"y":744,"width":184,"height":8}},{"id":"342a524a-86be-4098-a7e2-d1a9df6d8074","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":"a6baa73d-1afd-4f1e-89df-f821eac21802","block_type":"box","text":"ex average. These","page_number":3,"box":{"x":784,"y":760,"width":88,"height":8}},{"id":"e942e406-e9df-4031-873f-bc2bebec1d96","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":"0ca6196c-4eb7-4031-bb63-c8236a4d0e74","block_type":"box","text":"of the fund’s","page_number":3,"box":{"x":803,"y":769,"width":63,"height":7}},{"id":"548b8625-d210-4267-b9a7-6ba7a42efbe4","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":"9592f492-91ee-4cd2-9e1d-d8f1b6d08cae","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":793,"width":72,"height":6}},{"id":"ba1858c8-531a-4a7c-9358-0efd776f1295","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":"f5ae8646-73c4-49bf-89dd-e63e9bca5490","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":806,"width":82,"height":8}},{"id":"0efc9679-73ee-4d07-b707-9a938b1c2ed0","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":"5e82b320-0b0b-48d6-b3db-27dd066d7f86","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":820,"width":91,"height":8}},{"id":"0d800849-ec27-4e4e-ab3a-ffad7bc1defe","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":"fd0fcb2b-9c19-4ac0-b1e4-e2556fd564ab","block_type":"box","text":"hat the","page_number":3,"box":{"x":852,"y":820,"width":35,"height":6}},{"id":"77b0ab6c-a58d-4ed5-b1e5-062863586331","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":"61d20fcc-6ee3-4d6b-af99-68eef2c18d00","block_type":"box","text":"y futures contracts held. In","page_number":3,"box":{"x":767,"y":829,"width":133,"height":8}},{"id":"1c338287-031f-4753-841c-1ef92e2a1543","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":"c95903fa-b881-41d3-86e9-161739ad6377","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":852,"width":81,"height":8}},{"id":"90f276c3-a816-46eb-af39-74298fb4f3ad","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":"97b50dfa-130f-40a3-9fd2-a2e5bd9cebb5","block_type":"box","text":"e agencies make","page_number":3,"box":{"x":818,"y":852,"width":81,"height":8}},{"id":"af42c572-2119-4a51-a336-e617781eb998","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":"261ea7ee-928b-44a4-a206-3e8a63406dab","block_type":"box","text":"itworthy bond issuers.","page_number":3,"box":{"x":756,"y":862,"width":109,"height":7}},{"id":"649a67f7-d6a8-4fbd-9942-a1e1166ac39b","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":875,"width":88,"height":8}},{"id":"7dd909d1-9592-40ad-bb98-24754b1146ee","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":"3c1b139f-36c1-4dcd-ab2a-e57246dc8c41","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":"ccc3420b-c7cc-445d-9777-6e74c9cbe55d","block_type":"box","text":"verage duration of five","page_number":3,"box":{"x":769,"y":885,"width":114,"height":8}},{"id":"d717fba8-b7b2-40d5-ba03-480a0504ab1c","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":"7149949c-36ee-4b07-b186-475902ede4f0","block_type":"box","text":"Distribution yield","page_number":3,"box":{"x":39,"y":908,"width":86,"height":8}},{"id":"5a2bb4e5-4462-4755-be13-f024d70203e8","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":"b41b987c-f382-419b-912c-a7e9219ba3ca","block_type":"box","text":".","page_number":3,"box":{"x":895,"y":913,"width":1,"height":1}},{"id":"2588aaaf-1e5f-44a9-9ee4-8b3c5d84d84c","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":"1ad06a8d-9f1b-47da-94ce-85e8010022ab","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":365,"width":56,"height":5}},{"id":"05d9d039-d596-4cdc-866b-92e9568466e9","block_type":"box","text":"2.6","page_number":3,"box":{"x":786,"y":365,"width":13,"height":5}},{"id":"0785c108-4b5f-4643-b79a-9b4c4fe42be4","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":365,"width":8,"height":5}},{"id":"9668451f-be3f-4143-833d-df59a7690a1b","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":376,"width":60,"height":5}},{"id":"38a452bd-765a-4049-aec1-5c01ca5d2132","block_type":"box","text":"5.5","page_number":3,"box":{"x":786,"y":376,"width":13,"height":5}},{"id":"da910977-2677-4f73-96ed-8d08ad2c7de5","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":365,"width":55,"height":5}},{"id":"430297bb-c27d-4425-965f-ff96e83ae906","block_type":"box","text":"0.0","page_number":3,"box":{"x":441,"y":365,"width":12,"height":5}},{"id":"9e86cdab-514d-4df2-9540-685f8ddb3354","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":365,"width":8,"height":5}},{"id":"1403206d-32ba-4678-b0e6-2cafc891ccda","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":376,"width":44,"height":5}},{"id":"4a7e0154-aa09-4f64-b045-857ad89f9547","block_type":"box","text":"49.2","page_number":3,"box":{"x":435,"y":376,"width":18,"height":5}},{"id":"fc99c337-4947-4e05-ac9b-ac7404428fbe","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":387,"width":51,"height":5}},{"id":"23734959-99d5-43f4-bd83-bc544d68641a","block_type":"box","text":"26.7","page_number":3,"box":{"x":435,"y":387,"width":18,"height":5}},{"id":"86a1bf0d-02b7-4241-9517-d3ac489e44ed","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":398,"width":56,"height":5}},{"id":"86892813-9349-4044-997e-aabad3bc4a7c","block_type":"box","text":"10.4","page_number":3,"box":{"x":435,"y":398,"width":18,"height":5}},{"id":"83daf046-3b6d-456f-b948-1171406400a8","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":409,"width":56,"height":5}},{"id":"691bebde-76d5-4c39-88ef-5e706c4d7aee","block_type":"box","text":"5.7","page_number":3,"box":{"x":441,"y":409,"width":12,"height":5}},{"id":"1c9152ee-24cc-43be-8b92-29d710bcc0b7","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":"a1f8ffd6-8e20-41c1-bca9-c80f065737ec","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":672,"width":114,"height":7}},{"id":"4f71d126-f9e7-402f-ba45-bc5d94336e6d","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":"46a4e776-8513-4f56-a3a7-802372e85b63","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":682,"width":66,"height":6}},{"id":"a4e81c57-a3d5-4df8-a5c2-a10d172edda7","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":"1da0e671-12fb-43d6-b91f-f9f7cff332b3","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":694,"width":33,"height":5}},{"id":"5232d72e-f5ff-44f7-a144-2f23a6e086ee","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":"1bad5ffb-2caa-4fff-8722-92859cb0c178","block_type":"box","text":"& Poor’s. When ratings","page_number":3,"box":{"x":782,"y":537,"width":114,"height":8}},{"id":"afda1ba3-4405-4bfd-b67b-718e5a4c464e","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":"2ddc5ab8-52c5-47b4-aeb4-2fd7308c3a9e","block_type":"box","text":"one rating is available,","page_number":3,"box":{"x":781,"y":548,"width":110,"height":8}},{"id":"9759e5d6-f595-409c-b9ba-34f350b9ef6a","block_type":"box","text":"that rating is used.","page_number":3,"box":{"x":38,"y":559,"width":94,"height":7}},{"id":"60339c19-d944-49a4-9629-17a91969e19d","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":4,"box":{"x":38,"y":32,"width":724,"height":20}},{"id":"9016a738-efa6-4000-a3d2-ccc5a9c0d4cc","block_type":"box","text":"GBP Dist","page_number":4,"box":{"x":39,"y":57,"width":77,"height":10}},{"id":"7c066d7e-aa82-45a9-9f14-73bb877edacf","block_type":"box","text":"9135EN_092026","page_number":4,"box":{"x":897,"y":971,"width":69,"height":6}},{"id":"13e6a8eb-bf07-4e5a-a57b-ed2e8969ccf3","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":"b65e699b-5a8b-44ac-b455-5a936bff27ee","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":"7b30ad66-1404-419e-bde1-1087a20a92c2","block_type":"box","text":"For more information contact your local sales team or:","page_number":4,"box":{"x":39,"y":412,"width":305,"height":8}},{"id":"6ccb7745-e1ba-4e5e-b555-f821661cf061","block_type":"box","text":"Web: http://global.vanguard.com","page_number":4,"box":{"x":38,"y":425,"width":169,"height":8}},{"id":"35e63edb-21cc-442e-b088-1b2c160f01ff","block_type":"box","text":"Transfer Agent (Europe): Tel. +353 1 241 7144","page_number":4,"box":{"x":38,"y":436,"width":224,"height":8}},{"id":"177117d4-5bbd-421f-b8ca-c9a02aaa3eff","block_type":"box","text":"Client Services (Europe): Tel. +44 (0)203 753 4305","page_number":4,"box":{"x":39,"y":447,"width":250,"height":7}},{"id":"45c0aa02-6bbc-4f4a-a915-bad0fa326209","block_type":"box","text":"Email:","page_number":4,"box":{"x":39,"y":457,"width":30,"height":6}},{"id":"fb6198d0-4512-4883-8125-0fd478e22f50","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":4,"box":{"x":73,"y":457,"width":209,"height":8}},{"id":"4804ac12-2656-498f-b21b-ca29ed2d8a38","block_type":"box","text":"Important information","page_number":4,"box":{"x":39,"y":476,"width":126,"height":8}},{"id":"6203caa7-a81e-4d2f-9ff5-760114660299","block_type":"box","text":"This is a marketing communication.","page_number":4,"box":{"x":38,"y":494,"width":179,"height":7}},{"id":"74061716-68fa-493e-97e3-14b3a647a672","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":4,"box":{"x":38,"y":511,"width":595,"height":8}},{"id":"cf0b327e-a246-44a4-820d-6eaae27ca75e","block_type":"box","text":"For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID before making any fin","page_number":4,"box":{"x":39,"y":530,"width":744,"height":8}},{"id":"5300dbb3-6ab9-4c9e-863b-fb3795bff017","block_type":"box","text":"al investment decisions. The","page_number":4,"box":{"x":785,"y":530,"width":138,"height":6}},{"id":"9de0b652-add9-42b2-9000-2a2fde4ca9f1","block_type":"box","text":"KIID for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/.","page_number":4,"box":{"x":39,"y":539,"width":548,"height":8}},{"id":"24062169-bc0d-4ef5-a748-7705b6dbc9bf","block_type":"box","text":"This document is designed for use by and is directed only at persons resident in the UK.","page_number":4,"box":{"x":38,"y":553,"width":432,"height":8}},{"id":"69fecb20-5688-4298-a76b-0f71afa63154","block_type":"box","text":"The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any ju","page_number":4,"box":{"x":38,"y":567,"width":709,"height":7}},{"id":"a1b74155-cb90-4f05-a19e-408066dbe9e8","block_type":"box","text":"risdiction where such an offer or","page_number":4,"box":{"x":748,"y":567,"width":161,"height":6}},{"id":"e8185144-88f1-4039-84b9-aff7e28a170b","block_type":"box","text":"solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solic","page_number":4,"box":{"x":39,"y":576,"width":716,"height":8}},{"id":"f7a49b50-ef4b-45bf-8617-6897181a4f44","block_type":"box","text":"itation is not qualified to do so. The","page_number":4,"box":{"x":756,"y":576,"width":175,"height":8}},{"id":"6eebd89a-fd44-4e2b-8674-32f409ded5d5","block_type":"box","text":"information in this document is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult t","page_number":4,"box":{"x":39,"y":586,"width":733,"height":7}},{"id":"5da5c297-9f1a-4755-baaf-89fd38b6b486","block_type":"box","text":"heir professional advisers on the","page_number":4,"box":{"x":773,"y":586,"width":160,"height":7}},{"id":"eb75ed04-792f-4ac9-9da1-ff81b6f9ff13","block_type":"box","text":"implications of making an investment in, holding or disposing of ''units/shares'', and the receipt of distribution from any investment.","page_number":4,"box":{"x":39,"y":595,"width":661,"height":8}},{"id":"b5d1be2a-2842-42b2-959f-857b9c2804b9","block_type":"box","text":"Vanguard Investment Series plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in","page_number":4,"box":{"x":38,"y":609,"width":717,"height":7}},{"id":"1d69e2b4-9f51-4bc4-9576-1317ac00d104","block_type":"box","text":"certain EEA countries and the UK.","page_number":4,"box":{"x":759,"y":609,"width":168,"height":6}},{"id":"b6072c2f-ba31-4178-807b-0dddf6964f71","block_type":"box","text":"Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own profess","page_number":4,"box":{"x":39,"y":618,"width":743,"height":8}},{"id":"e8b543ec-5d02-41d6-8577-0230a4a8d1c1","block_type":"box","text":"ional advisers on the","page_number":4,"box":{"x":784,"y":618,"width":101,"height":6}},{"id":"f38296d4-630a-4f9e-a7b1-72594ef43403","block_type":"box","text":"implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares und","page_number":4,"box":{"x":39,"y":627,"width":744,"height":8}},{"id":"84973fa8-82c7-4635-94f4-d720085a3447","block_type":"box","text":"er the law of the countries in","page_number":4,"box":{"x":785,"y":627,"width":142,"height":7}},{"id":"924144ec-c033-4800-995a-f1e4af788cd2","block_type":"box","text":"which they are liable to taxation.","page_number":4,"box":{"x":38,"y":637,"width":163,"height":7}},{"id":"89b3da77-39b3-4ec9-81b4-64737fba9e7d","block_type":"box","text":"The Manager of Vanguard Investment Series plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguar","page_number":4,"box":{"x":38,"y":651,"width":758,"height":7}},{"id":"3b3a2970-44f1-497f-809f-ea836e838328","block_type":"box","text":"d Investment Series plc.","page_number":4,"box":{"x":797,"y":651,"width":117,"height":7}},{"id":"f813d85a-c624-4f56-8c43-058b4334df35","block_type":"box","text":"The Manager of the Ireland-domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in a","page_number":4,"box":{"x":38,"y":666,"width":774,"height":8}},{"id":"8874f98e-80d9-4dea-baa7-51bb82ae43ab","block_type":"box","text":"ccordance with the","page_number":4,"box":{"x":813,"y":666,"width":95,"height":6}},{"id":"a1a25760-91f3-417f-9e29-512434b6fbbd","block_type":"box","text":"UCITS Directive, as may be amended from time to time.","page_number":4,"box":{"x":39,"y":675,"width":278,"height":8}},{"id":"4bbb0af7-aa99-4452-8c9c-cdf8a93508ac","block_type":"box","text":"For investors in Ireland-domiciled funds, a summary of investor rights can be obtained via","page_number":4,"box":{"x":39,"y":689,"width":445,"height":7}},{"id":"1359ff16-50c8-4b19-bcf8-b816c6bea00e","block_type":"box","text":"https://www.ie.vanguard/content/dam/intl/europe/documents/en/vanguard-investors-rights-summary-irish-funds-jan22.pdf and is available in English, Ge","page_number":4,"box":{"x":39,"y":698,"width":790,"height":8}},{"id":"8ec36559-b268-441e-a022-5b836df166b2","block_type":"box","text":"rman, French,","page_number":4,"box":{"x":831,"y":698,"width":67,"height":7}},{"id":"9c81374f-0167-4744-b28a-11f2f8aa6401","block_type":"box","text":"Spanish, Dutch and Italian.","page_number":4,"box":{"x":39,"y":707,"width":133,"height":8}},{"id":"c957408c-9613-432c-85d5-2e055f35b5ef","block_type":"box","text":"BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services","page_number":4,"box":{"x":39,"y":736,"width":757,"height":8}},{"id":"301f8640-f9c2-45be-87ab-b7e968942bc1","block_type":"box","text":"Limited (“BISL”) (collectively,","page_number":4,"box":{"x":800,"y":736,"width":143,"height":8}},{"id":"c3d96567-8ebe-456b-ac46-f1a4a7b422d3","block_type":"box","text":"“Bloomberg”), or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices.","page_number":4,"box":{"x":39,"y":746,"width":452,"height":7}},{"id":"e8b3ecc0-80b3-4262-878d-494794439490","block_type":"box","text":"The products are not sponsored, endorsed, issued, sold or promoted by “Bloomberg.” Bloomberg makes no representation or warranty, express or imp","page_number":4,"box":{"x":38,"y":759,"width":747,"height":8}},{"id":"9462da1f-6f4c-4efb-b73e-c5fc7fe96c7f","block_type":"box","text":"lied, to the owners or","page_number":4,"box":{"x":787,"y":759,"width":104,"height":7}},{"id":"31614ea1-463f-430f-8c9f-04a77ae4b635","block_type":"box","text":"purchasers of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly","page_number":4,"box":{"x":39,"y":769,"width":729,"height":7}},{"id":"dcee8ee2-4436-4696-aaa7-106d79dd94fb","block_type":"box","text":"or the ability of the Bloomberg","page_number":4,"box":{"x":771,"y":769,"width":153,"height":7}},{"id":"8e6b2a80-ab43-44f9-bc85-0ce3d7e3ac7b","block_type":"box","text":"Indices to track general bond market performance. Bloomberg shall not pass on the legality or suitability of the products with respect to any person o","page_number":4,"box":{"x":39,"y":778,"width":745,"height":8}},{"id":"8b4b1ce5-1f68-49ea-861a-403d6acd1348","block_type":"box","text":"r entity. Bloomberg’s only","page_number":4,"box":{"x":786,"y":778,"width":127,"height":8}},{"id":"1b51faf6-d44d-4588-81f4-5527033a68c1","block_type":"box","text":"relationship to Vanguard and the products are the licensing of the Bloomberg Indices which are determined, composed and calculated by BISL without reg","page_number":4,"box":{"x":39,"y":787,"width":769,"height":8}},{"id":"da9780c9-6dec-47f3-874a-7973bbeaaeeb","block_type":"box","text":"ard to Vanguard or the","page_number":4,"box":{"x":809,"y":787,"width":114,"height":8}},{"id":"a96c3070-6cae-4e2d-b940-74a715a99a1a","block_type":"box","text":"products or any owners or purchasers of the products. Bloomberg has no obligation to take the needs of the products or the owners of the products into","page_number":4,"box":{"x":39,"y":797,"width":760,"height":7}},{"id":"d997dd51-e5a9-4a59-a445-83ca6b5462f2","block_type":"box","text":"consideration in","page_number":4,"box":{"x":802,"y":797,"width":78,"height":6}},{"id":"7c7c6ccf-a86d-4840-825f-430ffbabcae2","block_type":"box","text":"determining, composing or calculating the Bloomberg Indices. Bloomberg shall not be responsible for and has not participated in the determination of t","page_number":4,"box":{"x":39,"y":806,"width":753,"height":8}},{"id":"947d62f4-b970-417a-a17a-35e905d8e495","block_type":"box","text":"he timing of, prices at, or","page_number":4,"box":{"x":793,"y":806,"width":124,"height":8}},{"id":"265d19fe-88c9-463e-b696-9c2da391ff4c","block_type":"box","text":"quantities of the products to be issued. Bloomberg shall not have any obligation or liability in connection with the administration, marketing or trad","page_number":4,"box":{"x":39,"y":816,"width":734,"height":7}},{"id":"b813c368-0369-4e19-a326-23e3fb94a303","block_type":"box","text":"ing of the products.","page_number":4,"box":{"x":774,"y":816,"width":97,"height":7}},{"id":"daa1d637-0f12-4602-9743-97fdf5ac4ffd","block_type":"box","text":"SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC.","page_number":4,"box":{"x":39,"y":829,"width":506,"height":8}},{"id":"d1123837-a1b1-427d-a747-75cdb885d83b","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":4,"box":{"x":39,"y":839,"width":326,"height":7}},{"id":"5a34f42c-1cdc-417f-b3e4-80bde5952812","block_type":"box","text":"SEDOL Masterfile®.","page_number":4,"box":{"x":368,"y":839,"width":98,"height":6}},{"id":"1e49960b-18af-4433-99f3-3b748d5e5420","block_type":"box","text":"Investment risk information","page_number":4,"box":{"x":39,"y":111,"width":156,"height":6}},{"id":"0931e7fd-b267-42fb-8699-434478723a9f","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":"6a913559-6841-4929-af48-12182daa3261","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":"1818c9f5-75ed-430f-85cb-055128478c1e","block_type":"box","text":"Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level","page_number":4,"box":{"x":39,"y":152,"width":723,"height":8}},{"id":"93d082e4-45ab-448d-a886-88bfa31a0688","block_type":"box","text":"of income may fluctuate.","page_number":4,"box":{"x":767,"y":152,"width":124,"height":8}},{"id":"cf4d8fd1-f719-4e41-ae34-b1ef992a2803","block_type":"box","text":"Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such","page_number":4,"box":{"x":39,"y":162,"width":731,"height":7}},{"id":"766ec614-a937-47c6-932d-54ede9c82955","block_type":"box","text":"may carry greater credit risk","page_number":4,"box":{"x":774,"y":162,"width":141,"height":7}},{"id":"73826a6d-7d22-43ad-9c59-96d003278c74","block_type":"box","text":"increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in in","page_number":4,"box":{"x":39,"y":171,"width":751,"height":8}},{"id":"5cd7075b-1207-4faf-a2a0-3a83c453c0bc","block_type":"box","text":"terest rates are likely to","page_number":4,"box":{"x":792,"y":171,"width":118,"height":8}},{"id":"09a1940c-c07a-4ac9-89b2-1bb298832b3b","block_type":"box","text":"affect the capital value of bonds.","page_number":4,"box":{"x":39,"y":180,"width":164,"height":8}},{"id":"b2d05d76-1cca-4a2d-82d7-63fab3a26988","block_type":"box","text":"The Funds may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce","page_number":4,"box":{"x":38,"y":194,"width":744,"height":8}},{"id":"25bea215-0149-41ab-9982-a4fec5b1081f","block_type":"box","text":"exposure to underlying","page_number":4,"box":{"x":785,"y":194,"width":112,"height":8}},{"id":"f3356e3d-eea2-4095-932e-22fe7f5d506c","block_type":"box","text":"assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of","page_number":4,"box":{"x":39,"y":203,"width":706,"height":8}},{"id":"4e675837-c48c-41b4-b182-18e3ab01b92b","block_type":"box","text":"a financial asset (such as a share,","page_number":4,"box":{"x":748,"y":203,"width":167,"height":8}},{"id":"2368bfc4-78ba-4833-be44-542bbd3ea106","block_type":"box","text":"bond, or currency) or a market index.","page_number":4,"box":{"x":39,"y":213,"width":182,"height":8}},{"id":"9f2bff73-16f4-4500-9d30-240ef58ba303","block_type":"box","text":"Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investmen","page_number":4,"box":{"x":39,"y":227,"width":761,"height":7}},{"id":"516f7354-e156-4c16-a099-d76608573c45","block_type":"box","text":"ts.","page_number":4,"box":{"x":802,"y":227,"width":11,"height":6}},{"id":"b2a893ea-28a0-4323-a289-495e9a2fcc3c","block_type":"box","text":"For further information on risks, please see the ’Risk Factors’ section of the prospectus on our website at https://global.vanguard.com.","page_number":4,"box":{"x":39,"y":240,"width":673,"height":8}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"8459a932-674d-4bca-a28b-e2df5cf7ac62"},"user_id":1000002,"date_created":"2026-10-15T22:17:57.650000Z","date_modified":"2026-10-15T22:17:57.650000Z","private":false}