{"annotation_id":"55316ff0-f104-44b5-a95c-a2651111242d","file_hash":"1f834ed4ab95fe0cc9883745e78d16668848f808ceb75d35f32aa31dba235d8c","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"846d8d06-2768-4fb9-a0e5-c631bad0e9dc","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":50,"width":155,"height":25}},{"id":"9545a416-265b-470f-80e4-d3337a021fb0","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":51,"width":14,"height":4}},{"id":"392d651d-5990-4f44-b625-068099128b5a","block_type":"box","text":"Minimum initial","page_number":1,"box":{"x":39,"y":315,"width":85,"height":7}},{"id":"4ba4e97d-2c64-49e8-a8d7-a09c954a8f18","block_type":"box","text":"investment","page_number":1,"box":{"x":39,"y":326,"width":63,"height":6}},{"id":"bebd42a9-4b40-4bae-949c-5ef2e73f07ea","block_type":"box","text":"ISIN","page_number":1,"box":{"x":142,"y":326,"width":22,"height":6}},{"id":"83b16681-c116-4465-91a5-4e5dfe4a423e","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":238,"y":326,"width":41,"height":6}},{"id":"d73acebb-98fa-4233-8985-7bda7a6b7d7b","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":305,"y":326,"width":60,"height":8}},{"id":"ad073848-d5af-427e-a829-a9a93fa95fd4","block_type":"box","text":"Investment","page_number":1,"box":{"x":375,"y":316,"width":64,"height":6}},{"id":"100b67dc-586b-4657-bce0-f6316fef03dd","block_type":"box","text":"structure","page_number":1,"box":{"x":375,"y":327,"width":52,"height":5}},{"id":"4fbbd90b-1c0a-4ed9-b7e7-de9e55ee586e","block_type":"box","text":"SRRI","page_number":1,"box":{"x":489,"y":326,"width":27,"height":6}},{"id":"a8735a31-11a3-4ccb-a629-295d73bc7c09","block_type":"box","text":"‡","page_number":1,"box":{"x":516,"y":325,"width":5,"height":4}},{"id":"c09142fc-1eca-4ad9-a649-773af925e2bf","block_type":"box","text":"Index","page_number":1,"box":{"x":562,"y":316,"width":30,"height":6}},{"id":"6d875044-a755-471f-88c1-26eab8818ca5","block_type":"box","text":"ticker","page_number":1,"box":{"x":562,"y":326,"width":32,"height":6}},{"id":"714f06e4-1e20-4e70-a2b7-2be6f8649b42","block_type":"box","text":"Domicile","page_number":1,"box":{"x":636,"y":326,"width":47,"height":6}},{"id":"09dba47b-dee8-46d2-8900-e536c4417999","block_type":"box","text":"Settlement","page_number":1,"box":{"x":751,"y":326,"width":64,"height":6}},{"id":"aac11af7-d16a-4419-b153-b5918e286528","block_type":"box","text":"Trading frequency","page_number":1,"box":{"x":833,"y":315,"width":102,"height":8}},{"id":"5f9ac810-2f53-492a-bfca-f300842befb5","block_type":"box","text":"(cut-off)","page_number":1,"box":{"x":833,"y":326,"width":49,"height":7}},{"id":"13218b93-781f-49b2-ada4-37b913079bd2","block_type":"box","text":"£100,000,000","page_number":1,"box":{"x":39,"y":345,"width":60,"height":6}},{"id":"e29730f9-6c51-4a2d-a472-39f5b2b65f7d","block_type":"box","text":"IE00BJ06F500","page_number":1,"box":{"x":142,"y":345,"width":63,"height":5}},{"id":"ca6426fd-6f24-4e5b-adf6-ec34301f70e8","block_type":"box","text":"BJ06F50","page_number":1,"box":{"x":239,"y":345,"width":38,"height":5}},{"id":"15aba0bb-44c8-4b25-89a4-e0c059b1b7f7","block_type":"box","text":"VAGBIGP","page_number":1,"box":{"x":305,"y":345,"width":40,"height":5}},{"id":"7eab215c-5866-41e7-9815-91187711ba00","block_type":"box","text":"UCITS","page_number":1,"box":{"x":375,"y":345,"width":26,"height":5}},{"id":"ad19890d-e1d3-493d-b32d-c4a5ef8f49a0","block_type":"box","text":"3","page_number":1,"box":{"x":490,"y":345,"width":4,"height":5}},{"id":"3ea20768-5574-4feb-9fb0-0d4db5153d4c","block_type":"box","text":"H23049GB","page_number":1,"box":{"x":562,"y":345,"width":47,"height":5}},{"id":"6efb6704-a799-4498-987c-5d42b977a70e","block_type":"box","text":"Ireland","page_number":1,"box":{"x":636,"y":345,"width":28,"height":5}},{"id":"cb2fe8b0-dfed-467e-9087-4350791cbc9c","block_type":"box","text":"T+2","page_number":1,"box":{"x":751,"y":345,"width":15,"height":5}},{"id":"7dedd3d4-821f-473b-8827-6aa909a1bc2a","block_type":"box","text":"Daily (T-1 16:00 Irish Time)","page_number":1,"box":{"x":833,"y":345,"width":115,"height":6}},{"id":"e09563f8-4072-4b59-bc77-5869f79d3ddc","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":128,"width":229,"height":9}},{"id":"dd89f5ac-82f7-4bd1-8245-9b0a05511e97","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":142,"width":84,"height":9}},{"id":"6755364f-5f52-48d0-9609-68cee70e24b4","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":142,"width":7,"height":12}},{"id":"176358d6-8171-4fb4-9057-f2778f9a8843","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":143,"width":161,"height":10}},{"id":"441f6c47-4c6e-45fc-9e61-fbb1159c7d3b","block_type":"box","text":"Vanguard Japan Government Bond Index Fund","page_number":1,"box":{"x":38,"y":173,"width":670,"height":20}},{"id":"c7ce4e49-c2eb-4693-bd71-3cae44dc9753","block_type":"box","text":"Institutional Plus GBP Hedged Dist","page_number":1,"box":{"x":40,"y":198,"width":296,"height":13}},{"id":"95bcd507-3ff5-4066-90fb-3f610b49c3a9","block_type":"box","text":"Inception date: 11 December 2019","page_number":1,"box":{"x":40,"y":215,"width":242,"height":10}},{"id":"06c2c0cb-48cb-490a-9c87-7699059f3af5","block_type":"box","text":"Total assets (million) £1,152","page_number":1,"box":{"x":38,"y":232,"width":157,"height":7}},{"id":"2b019c40-406c-4354-8f4c-cbb638465c7e","block_type":"box","text":"|","page_number":1,"box":{"x":199,"y":232,"width":2,"height":7}},{"id":"4b79ef7c-948e-4bcf-a2cb-1bfb01e10373","block_type":"box","text":"Share class assets (million) £44 as at 30 September 2026","page_number":1,"box":{"x":206,"y":232,"width":326,"height":8}},{"id":"789745ac-ae49-4e87-b0c7-77356c21e6d0","block_type":"box","text":"Ongoing Charges Figure","page_number":1,"box":{"x":39,"y":432,"width":154,"height":9}},{"id":"b856ff2e-04ca-4366-96a3-2a9b46acd1cb","block_type":"box","text":"†","page_number":1,"box":{"x":194,"y":433,"width":4,"height":3}},{"id":"5b35eecf-ebba-417a-81f8-4865de50e71d","block_type":"box","text":"0.06 %","page_number":1,"box":{"x":228,"y":433,"width":36,"height":6}},{"id":"62693860-4b88-45d3-a579-e9e857613cbe","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":"cda0c4ad-3916-4228-a85d-99dc6d7da1b3","block_type":"box","text":"e Funds.","page_number":1,"box":{"x":761,"y":448,"width":41,"height":6}},{"id":"d5d49f22-90cd-4854-9cc6-2b9e1dd2eda6","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":467,"width":213,"height":9}},{"id":"52c561a3-9cc4-4137-bb36-790e7630bdb4","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":486,"width":3,"height":2}},{"id":"630de0f9-9214-417a-b36a-63c6476ebf2d","block_type":"box","text":"The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Japan Government F","page_number":1,"box":{"x":51,"y":483,"width":773,"height":8}},{"id":"433d2b90-8276-4f14-a581-cf0028c4fd44","block_type":"box","text":"loat Adjusted Bond Index","page_number":1,"box":{"x":825,"y":483,"width":124,"height":8}},{"id":"2afcf2ad-8cbc-46e4-adab-2f25f3bc76a0","block_type":"box","text":"(the “Index”).","page_number":1,"box":{"x":51,"y":494,"width":65,"height":7}},{"id":"ebfa0773-da64-427e-96ef-8f031051d443","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":508,"width":3,"height":3}},{"id":"7eb9c0fc-82dd-423e-8f0d-609f4eb22be0","block_type":"box","text":"The Index includes investment-grade Japanese yen-denominated treasury and Japanese government related bonds with maturities greater than one year. Inv","page_number":1,"box":{"x":51,"y":506,"width":789,"height":8}},{"id":"9a52b420-0187-449f-9563-e8584013cd25","block_type":"box","text":"estment-grade bonds","page_number":1,"box":{"x":841,"y":506,"width":108,"height":8}},{"id":"48cd6d7c-51b0-40ae-aeab-353902fd9b0d","block_type":"box","text":"are generally bonds with a relatively low risk of default.","page_number":1,"box":{"x":51,"y":517,"width":275,"height":7}},{"id":"99991cfa-1621-4f03-9e35-a462be463fa2","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":531,"width":3,"height":2}},{"id":"7d17c64f-d0b4-4785-85c5-80f99ed390c7","block_type":"box","text":"The Fund attempts to: 1. Track the performance of the Index by investing in a portfolio of securities that, insofar as possible and practicable, consi","page_number":1,"box":{"x":51,"y":529,"width":727,"height":8}},{"id":"e45fe4e8-2f86-4e68-aac6-ce4e73d10de0","block_type":"box","text":"sts of a representative sample of","page_number":1,"box":{"x":780,"y":529,"width":165,"height":8}},{"id":"2c9689e4-4b04-44dd-9137-b7cbaca6af16","block_type":"box","text":"the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions.","page_number":1,"box":{"x":51,"y":540,"width":619,"height":7}},{"id":"c2bc611c-a426-484e-b618-b3d9efe8f864","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":39,"y":561,"width":133,"height":9}},{"id":"12a796c1-e560-425c-b11c-1ae8dbdf8222","block_type":"box","text":"Vanguard Investments Australia, Ltd.","page_number":1,"box":{"x":38,"y":580,"width":187,"height":8}},{"id":"9fae53c5-838b-4cb5-a69b-49b1108458a9","block_type":"box","text":"‡","page_number":1,"box":{"x":33,"y":964,"width":4,"height":6}},{"id":"715625c4-6b17-450b-8bea-cb2f8e7c427d","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":964,"width":206,"height":7}},{"id":"a8e05196-c0e7-410d-b614-cb09920a1ded","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":"c3b207db-56d2-4492-9918-38d2d41033cb","block_type":"box","text":"Vanguard Japan Government Bond Index Fund","page_number":2,"box":{"x":38,"y":32,"width":670,"height":20}},{"id":"fa2d6f56-4e79-419b-9068-156bee4e8a04","block_type":"box","text":"Institutional Plus GBP Hedged Dist","page_number":2,"box":{"x":40,"y":57,"width":296,"height":13}},{"id":"3ab30760-1c69-4913-ba67-1b1b1ec3b707","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":124,"width":127,"height":8}},{"id":"80da4da3-d0e9-42c7-8a57-d39c298f42fd","block_type":"box","text":"GBP","page_number":2,"box":{"x":39,"y":142,"width":21,"height":6}},{"id":"5bcde2b4-74ff-49ef-885f-118032795146","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":145,"width":8,"height":1}},{"id":"dce8b86c-84a2-427f-b742-d781dbadcdde","block_type":"box","text":"Vanguard Japan Government Bond Index Fund","page_number":2,"box":{"x":69,"y":142,"width":233,"height":8}},{"id":"4ee3f648-5ca4-4a1d-845e-5303ab82d713","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":153,"width":56,"height":6}},{"id":"a0774009-3975-4825-b45e-580529cecac2","block_type":"box","text":"— Bloomberg Japan Government Float Adjusted Bond Index in GBP","page_number":2,"box":{"x":98,"y":153,"width":335,"height":7}},{"id":"1664529b-6797-444d-96fc-15976e29c04e","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":622,"width":7,"height":0}},{"id":"906da51a-aa84-4ad2-916c-4c032b6d8426","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":622,"width":7,"height":0}},{"id":"9f8b6550-9b33-4afd-9f08-d5710e439657","block_type":"box","text":"—","page_number":2,"box":{"x":375,"y":622,"width":7,"height":0}},{"id":"34638957-e4ae-4b7a-a5e6-931f76ce768f","block_type":"box","text":"—","page_number":2,"box":{"x":452,"y":622,"width":7,"height":0}},{"id":"77955f54-aeb1-46cb-8833-d1c6dc671c69","block_type":"box","text":"01 Oct 2020","page_number":2,"box":{"x":507,"y":601,"width":53,"height":5}},{"id":"ded97131-c467-46da-abcf-3c450e598dad","block_type":"box","text":"-","page_number":2,"box":{"x":533,"y":613,"width":2,"height":0}},{"id":"5d6da587-1e1b-4497-9e7f-681328ef2cd8","block_type":"box","text":"30 Sep 2021","page_number":2,"box":{"x":506,"y":619,"width":54,"height":6}},{"id":"6c08188f-6d1f-4b60-9b7b-4690534bfc87","block_type":"box","text":"01 Oct 2021","page_number":2,"box":{"x":584,"y":601,"width":53,"height":5}},{"id":"1341677b-5f9c-4d31-937d-e2381abef6ae","block_type":"box","text":"-","page_number":2,"box":{"x":610,"y":613,"width":3,"height":0}},{"id":"e8f20fb8-c7e2-4d4b-bf3f-e2586af8c208","block_type":"box","text":"30 Sep 2022","page_number":2,"box":{"x":584,"y":619,"width":53,"height":6}},{"id":"2440d8f8-4ebb-46c4-a92a-5f97cc9cd18e","block_type":"box","text":"01 Oct 2022","page_number":2,"box":{"x":661,"y":601,"width":53,"height":5}},{"id":"3de80a97-0463-44fe-9ce8-02c39338e536","block_type":"box","text":"-","page_number":2,"box":{"x":688,"y":613,"width":2,"height":0}},{"id":"73cb6bd7-cba7-48fb-8695-eb5c4dd86652","block_type":"box","text":"30 Sep 2023","page_number":2,"box":{"x":661,"y":619,"width":53,"height":6}},{"id":"92a02b79-53c2-4396-baea-5e21084d62c1","block_type":"box","text":"01 Oct 2023","page_number":2,"box":{"x":739,"y":601,"width":53,"height":5}},{"id":"0871588a-28e0-4f23-96a8-d68fba535d5c","block_type":"box","text":"-","page_number":2,"box":{"x":765,"y":613,"width":3,"height":0}},{"id":"e69f3fd4-35b0-44de-ad40-ea72828e2d22","block_type":"box","text":"30 Sep 2024","page_number":2,"box":{"x":739,"y":619,"width":53,"height":6}},{"id":"3758cc04-e604-4889-90b0-8bbe8e62ca35","block_type":"box","text":"01 Oct 2024","page_number":2,"box":{"x":816,"y":601,"width":53,"height":5}},{"id":"98c8d486-573a-4750-8f63-8f361b899aa5","block_type":"box","text":"-","page_number":2,"box":{"x":843,"y":613,"width":2,"height":0}},{"id":"f18c38d8-1c94-4d3f-8e0d-e49b5faac52c","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":816,"y":619,"width":53,"height":6}},{"id":"9b934c28-b7aa-448e-af18-a8cca9301b0e","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":894,"y":601,"width":53,"height":5}},{"id":"d4a4f642-25c1-49a6-96ce-cd182b2f12e3","block_type":"box","text":"-","page_number":2,"box":{"x":920,"y":613,"width":3,"height":0}},{"id":"aa49bcd7-bed8-41dc-b9f4-bf2354570e63","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":894,"y":619,"width":53,"height":6}},{"id":"3b20aa33-320c-4a1d-ae42-6619c0c406f1","block_type":"box","text":"Fund","page_number":2,"box":{"x":63,"y":635,"width":20,"height":5}},{"id":"4ff71cf8-1d53-47c6-8bab-b50843c34816","block_type":"box","text":"(Net of expenses)","page_number":2,"box":{"x":87,"y":635,"width":62,"height":6}},{"id":"d35f1bfb-e686-488f-bb7b-9e22c56b6ff5","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":639,"width":7,"height":0}},{"id":"1d7ccf9e-902d-4194-a78c-8e949bb3f455","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":639,"width":7,"height":0}},{"id":"c53dd450-0558-45f6-8e0d-d16e21b693ab","block_type":"box","text":"—","page_number":2,"box":{"x":375,"y":639,"width":7,"height":0}},{"id":"cf2b5679-1886-4fc1-a6df-1b699c86713c","block_type":"box","text":"—","page_number":2,"box":{"x":452,"y":639,"width":7,"height":0}},{"id":"7e8c89b2-6ee5-40df-bc5c-870f9372a136","block_type":"box","text":"-0.05%","page_number":2,"box":{"x":518,"y":636,"width":30,"height":5}},{"id":"33775e94-9a7c-4890-8c85-49962dd1d1f9","block_type":"box","text":"-3.97%","page_number":2,"box":{"x":595,"y":636,"width":31,"height":5}},{"id":"a4ef4a04-ff49-4e55-b5c8-711b34b7eb30","block_type":"box","text":"1.20%","page_number":2,"box":{"x":675,"y":636,"width":26,"height":5}},{"id":"be8a5f5b-571d-4348-b583-38eddb63a9fb","block_type":"box","text":"3.96%","page_number":2,"box":{"x":752,"y":636,"width":27,"height":5}},{"id":"d69b30bb-e8f5-4ea3-9783-937613467128","block_type":"box","text":"-2.91%","page_number":2,"box":{"x":828,"y":636,"width":30,"height":5}},{"id":"2d1feac2-e9e0-474f-b56f-62a5785748d2","block_type":"box","text":"-5.43%","page_number":2,"box":{"x":905,"y":636,"width":30,"height":5}},{"id":"70b2d9e2-af00-490a-8d88-4cd0620f5567","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":651,"width":48,"height":6}},{"id":"b64f9caf-b96e-4998-b24f-bbb9c14a153f","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":656,"width":7,"height":0}},{"id":"715e74b4-63b6-4a0f-987f-1b79bb149732","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":656,"width":7,"height":0}},{"id":"26fb32b9-0214-422f-bee4-73654f6a34d2","block_type":"box","text":"—","page_number":2,"box":{"x":375,"y":656,"width":7,"height":0}},{"id":"f0141478-1552-4132-89f4-889d4c217e33","block_type":"box","text":"—","page_number":2,"box":{"x":452,"y":656,"width":7,"height":0}},{"id":"21005eb0-8835-467e-8c46-c5d19ce43c17","block_type":"box","text":"0.14%","page_number":2,"box":{"x":519,"y":653,"width":27,"height":5}},{"id":"9cb53ef1-6fc9-4ac2-b155-717807d1f0ed","block_type":"box","text":"-3.92%","page_number":2,"box":{"x":595,"y":653,"width":31,"height":5}},{"id":"d2dd53cb-9fe5-488b-9717-82a9f18c215f","block_type":"box","text":"1.35%","page_number":2,"box":{"x":675,"y":653,"width":26,"height":5}},{"id":"118a9fc2-e2f8-4d8a-bea3-df1f2fefc30d","block_type":"box","text":"4.07%","page_number":2,"box":{"x":752,"y":653,"width":27,"height":5}},{"id":"e97e3798-b972-4329-b76a-f7e0418a3e38","block_type":"box","text":"-2.85%","page_number":2,"box":{"x":828,"y":653,"width":30,"height":5}},{"id":"4eafb6f2-baa3-45b1-b106-148b232f2f06","block_type":"box","text":"-5.38%","page_number":2,"box":{"x":905,"y":653,"width":30,"height":5}},{"id":"fb3331ab-cc52-4ca8-bc85-2865af674440","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":196,"width":148,"height":8}},{"id":"cd474dab-0d7e-4784-b76b-293d50f50607","block_type":"box","text":"1 month","page_number":2,"box":{"x":281,"y":196,"width":41,"height":6}},{"id":"639e1296-21fc-4052-a667-eaa5933553e9","block_type":"box","text":"Quarter","page_number":2,"box":{"x":374,"y":196,"width":39,"height":6}},{"id":"f1979023-55b1-4540-a255-802e24b2f9cf","block_type":"box","text":"Year to","page_number":2,"box":{"x":468,"y":186,"width":36,"height":6}},{"id":"76b68b16-27a2-4d51-a3eb-2a3b21b01fa3","block_type":"box","text":"date","page_number":2,"box":{"x":482,"y":196,"width":22,"height":6}},{"id":"74273802-268a-4236-981b-044e917a2ca9","block_type":"box","text":"1 year","page_number":2,"box":{"x":552,"y":196,"width":30,"height":8}},{"id":"bbf85290-a132-40ec-84fe-f9d04349779b","block_type":"box","text":"3 years","page_number":2,"box":{"x":627,"y":196,"width":35,"height":8}},{"id":"f3f6f2e5-e866-4ba4-94ad-564c2a77ee45","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":196,"width":36,"height":8}},{"id":"382362a8-a25c-48fa-a541-dec7da6592b5","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":196,"width":41,"height":8}},{"id":"7fb00c9c-1565-4cde-85db-1b16301a074d","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":186,"width":26,"height":6}},{"id":"05d91215-34ad-479a-961c-b149525f2c09","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":196,"width":44,"height":8}},{"id":"59d3bf58-75d7-42b0-8fa1-eb00f7cc07dd","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":214,"width":20,"height":5}},{"id":"e60876ff-3526-4a4d-a03d-32b965d31c2b","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":214,"width":59,"height":6}},{"id":"22df6b26-ea45-4411-910a-d470be37c044","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":214,"width":3,"height":6}},{"id":"265330c8-8349-4aaf-a448-4e58f021b83e","block_type":"box","text":"-0.23%","page_number":2,"box":{"x":291,"y":214,"width":30,"height":5}},{"id":"833c5c07-c199-48f8-b662-6b9a6cd0a5fa","block_type":"box","text":"-1.49%","page_number":2,"box":{"x":382,"y":214,"width":31,"height":5}},{"id":"b849a198-13c4-47de-be70-96e258d932d8","block_type":"box","text":"-3.66%","page_number":2,"box":{"x":474,"y":214,"width":30,"height":5}},{"id":"d651b550-31e4-48fe-8a46-88b7dc53acb0","block_type":"box","text":"-5.43%","page_number":2,"box":{"x":551,"y":214,"width":30,"height":5}},{"id":"94c46f35-d9e0-4a13-9f14-eef0ec8dfb63","block_type":"box","text":"-1.54%","page_number":2,"box":{"x":632,"y":214,"width":30,"height":5}},{"id":"6157f95b-aa7d-4ea7-8895-ffde4e6aa3c2","block_type":"box","text":"-1.49%","page_number":2,"box":{"x":729,"y":214,"width":30,"height":5}},{"id":"f992af3b-57e1-4a41-9220-7ad01ce61f83","block_type":"box","text":"—","page_number":2,"box":{"x":848,"y":217,"width":6,"height":0}},{"id":"11377184-18b0-4012-8405-583167658900","block_type":"box","text":"-1.12%","page_number":2,"box":{"x":921,"y":214,"width":31,"height":5}},{"id":"d5950fe4-1440-4128-b288-bd4d87f63137","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":230,"width":48,"height":6}},{"id":"ab609fe2-24d7-4222-8e11-a09a0db15c93","block_type":"box","text":"-0.21%","page_number":2,"box":{"x":291,"y":229,"width":30,"height":5}},{"id":"9c32f0ec-57f4-45d6-9e3f-9ee2bb20f81a","block_type":"box","text":"-1.46%","page_number":2,"box":{"x":382,"y":229,"width":31,"height":5}},{"id":"f54876ac-0866-4e98-833d-b1f14ac27354","block_type":"box","text":"-3.65%","page_number":2,"box":{"x":474,"y":229,"width":30,"height":5}},{"id":"3af10be6-ca20-4170-ab6d-ee6923dc7e9a","block_type":"box","text":"-5.38%","page_number":2,"box":{"x":551,"y":229,"width":30,"height":5}},{"id":"cc020507-8309-45cf-8004-f16dfd1bfc65","block_type":"box","text":"-1.46%","page_number":2,"box":{"x":632,"y":229,"width":30,"height":5}},{"id":"d2e1ffc9-b26d-4091-8bc8-ea5845782bbd","block_type":"box","text":"-1.41%","page_number":2,"box":{"x":729,"y":229,"width":30,"height":5}},{"id":"87678902-f6c4-425d-be39-d6fe1057226c","block_type":"box","text":"-0.28%","page_number":2,"box":{"x":824,"y":229,"width":30,"height":5}},{"id":"fcd74475-143d-433b-a89a-13fb102c9c70","block_type":"box","text":"-1.04%","page_number":2,"box":{"x":921,"y":229,"width":31,"height":5}},{"id":"78c9d7ba-37db-4c12-85a7-bfe1bfaeb51b","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":"c5c8a151-9cb2-44db-bfa7-11c7dd43cbff","block_type":"box","text":"ing. The NAV of a Fund","page_number":2,"box":{"x":806,"y":246,"width":115,"height":7}},{"id":"f631fc11-984e-413e-8efa-0a6a2f3249d9","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":"871515a8-9f02-4808-8cf5-4dcfea60222e","block_type":"box","text":"Fund. The benchmark","page_number":2,"box":{"x":798,"y":255,"width":109,"height":6}},{"id":"95fc9f25-ddcf-4f57-b5c1-d5c19bbc43d4","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":"4cd18b3f-63b5-4665-9a02-e3f7d64852b8","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":"9c84cddb-afc2-4397-911f-e016d1deabf0","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":"03baefb6-4eb0-4d13-b329-f8e1e8515398","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":"ade1b515-3ced-45df-9fe2-ecd7d7a7c6d6","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":306,"width":143,"height":6}},{"id":"937de823-3457-4235-82bc-ea7c045316ef","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":"b0975c6b-a0ad-44bd-9bb0-70e7bd495d7f","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":315,"width":97,"height":6}},{"id":"cffa41b0-b100-4510-b70a-43fbbbdee31b","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in GBP, net of fees.","page_number":2,"box":{"x":39,"y":324,"width":604,"height":8}},{"id":"13f5f588-8fd6-4c5f-a139-bfdb5115a030","block_type":"box","text":"The Fund invests in securities which are denominated in currencies other than the share class currency. Movements in currency exchange rates can affec","page_number":2,"box":{"x":38,"y":338,"width":759,"height":8}},{"id":"fa2d92b2-c555-42f4-a391-f5cd3f484e92","block_type":"box","text":"t the return of","page_number":2,"box":{"x":798,"y":338,"width":71,"height":6}},{"id":"a0afeaa1-d92a-48be-a317-6792eccf8473","block_type":"box","text":"investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates but these risks cannot be","page_number":2,"box":{"x":39,"y":347,"width":769,"height":8}},{"id":"20f40f14-2f61-4d15-8143-b0446298c5ed","block_type":"box","text":"eliminated entirely. As","page_number":2,"box":{"x":812,"y":347,"width":110,"height":8}},{"id":"09be971b-b657-4ec1-883b-c014f0787fd3","block_type":"box","text":"this information relates to a share class where such techniques are used, for the purposes of the “Past performance” section above, the performa","page_number":2,"box":{"x":38,"y":357,"width":727,"height":7}},{"id":"13556fa0-fe82-4d3d-a44d-9b1bda886d4d","block_type":"box","text":"nce of this share class is shown","page_number":2,"box":{"x":766,"y":357,"width":154,"height":6}},{"id":"cc029bcc-b91a-40b4-94ff-43d27ed904ac","block_type":"box","text":"against the Bloomberg Japan Government Float Adjusted Bond Index in GBP (the “Hedged Index”), which is a currency hedged version of the Index.","page_number":2,"box":{"x":39,"y":366,"width":734,"height":8}},{"id":"41e2a8d0-401d-42d9-8e8c-2f1f813e5d82","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":380,"width":88,"height":8}},{"id":"eab3382c-e7de-4caf-8818-ac426dd4e9d8","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":429,"width":167,"height":8}},{"id":"824b2c88-4be2-49e1-93f9-a46db54e0f04","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":"7ecb1fd2-8586-47e8-87ce-0c9e31577b40","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":696,"width":117,"height":7}},{"id":"d1c966c6-90eb-44ff-9c00-a2074e7e9f4d","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":710,"width":721,"height":8}},{"id":"bcad392d-cbb2-40b0-83fa-ed471347135a","block_type":"box","text":"lity which, in turn, are driven by","page_number":2,"box":{"x":761,"y":710,"width":154,"height":8}},{"id":"157565e7-2662-421a-8db9-23d482a0b310","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":720,"width":760,"height":8}},{"id":"c6d86a0c-59b4-464c-a219-fd26bbd0f872","block_type":"box","text":"rency risk in the Fund, and","page_number":2,"box":{"x":800,"y":720,"width":129,"height":8}},{"id":"90dc076e-21ca-4438-b7c3-bd10b5b7baca","block_type":"box","text":"may affect the performance of the Fund.","page_number":2,"box":{"x":39,"y":730,"width":205,"height":7}},{"id":"207fc3aa-addd-4bea-ad88-cac225413f9e","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":744,"width":608,"height":8}},{"id":"af5219ad-d29d-48b9-9e95-a7714976a368","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":758,"width":627,"height":8}},{"id":"6fd09379-fc04-435b-bac0-3212e258461c","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":772,"width":734,"height":8}},{"id":"65ac7769-27e4-419a-b711-9e4118030021","block_type":"box","text":"er instruments, may expose the","page_number":2,"box":{"x":774,"y":772,"width":157,"height":8}},{"id":"76fba363-359e-4b65-a051-42383c18cb2d","block_type":"box","text":"Fund to financial loss.","page_number":2,"box":{"x":39,"y":782,"width":107,"height":6}},{"id":"aff22e7d-e8ac-45a5-bca1-c52e665bb53c","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":796,"width":743,"height":8}},{"id":"4e135229-83ab-498f-9476-559b9700a979","block_type":"box","text":"to provide investment results","page_number":2,"box":{"x":786,"y":796,"width":145,"height":8}},{"id":"a3e70f7d-a727-4591-9432-f383e95b03fe","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":806,"width":458,"height":8}},{"id":"7f1b1ea1-a09c-4e24-a7b8-b48d49ede9e1","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":820,"width":749,"height":8}},{"id":"8f2603c4-3017-46a0-a931-4c96f789dfa5","block_type":"box","text":"here is the risk that the","page_number":2,"box":{"x":789,"y":820,"width":115,"height":6}},{"id":"9f5a780a-88b7-467c-b101-508e87db5b95","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":830,"width":428,"height":8}},{"id":"c338576e-5b30-4052-bfc6-f06c3e68b69d","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":844,"width":721,"height":8}},{"id":"9e22ffb8-8520-435a-8a34-477ed3f55464","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":860,"width":772,"height":7}},{"id":"f494ce09-e3f6-4639-a5b4-95db56094e79","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":860,"width":22,"height":6}},{"id":"52e16fff-0c1a-4638-a63d-fa6010ba482e","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":95,"width":87,"height":6}},{"id":"6db195c2-3dc8-4926-85ca-86d3c582df11","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":96,"width":20,"height":5}},{"id":"4a6d0f8b-29f6-4fab-93eb-2cbd2dd57fd2","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":96,"width":47,"height":5}},{"id":"e0b437e6-978f-4b1f-a017-dbc19cf62ef8","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":107,"width":73,"height":5}},{"id":"0275fa67-5e85-42ac-8d58-d139dc4a18ec","block_type":"box","text":"410","page_number":3,"box":{"x":614,"y":107,"width":16,"height":5}},{"id":"0c2d869a-a517-476c-a1c4-19af7c6046ef","block_type":"box","text":"730","page_number":3,"box":{"x":796,"y":107,"width":15,"height":5}},{"id":"fde0af81-eccd-4650-8ef4-33c6198ebd0e","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":118,"width":60,"height":5}},{"id":"6271af55-6ed6-4fab-98eb-cd48cb69b7f3","block_type":"box","text":"3.31%","page_number":3,"box":{"x":603,"y":118,"width":27,"height":5}},{"id":"df0e0343-a3fb-4fd1-a532-dbdbdaa7d150","block_type":"box","text":"3.30%","page_number":3,"box":{"x":785,"y":118,"width":26,"height":5}},{"id":"fa997927-f938-4567-9734-09ab77d40543","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":130,"width":69,"height":6}},{"id":"73a30650-8a3e-4cbc-a55e-1c0acba21a3e","block_type":"box","text":"1.3%","page_number":3,"box":{"x":609,"y":130,"width":21,"height":5}},{"id":"898d0268-e09b-4c60-a9eb-5df509e7e678","block_type":"box","text":"1.3%","page_number":3,"box":{"x":791,"y":130,"width":20,"height":5}},{"id":"6c8ccf5a-8355-43dd-b080-1493b605b34c","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":142,"width":76,"height":6}},{"id":"b734b990-b2c0-4bb2-88de-27a648dda409","block_type":"box","text":"10.9 years","page_number":3,"box":{"x":587,"y":141,"width":43,"height":7}},{"id":"f7d0ee8a-c4ae-4268-b512-c124167344fb","block_type":"box","text":"11.0 years","page_number":3,"box":{"x":768,"y":141,"width":44,"height":7}},{"id":"173e6458-5fd5-4f35-a759-91efa3f67ba0","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":153,"width":67,"height":6}},{"id":"ba9c5fb5-37cb-442c-a70e-9be13434e517","block_type":"box","text":"A+","page_number":3,"box":{"x":619,"y":153,"width":11,"height":5}},{"id":"37e6fc3c-e193-4946-abeb-01262c4766e4","block_type":"box","text":"A+","page_number":3,"box":{"x":800,"y":153,"width":11,"height":5}},{"id":"a348d8e8-f181-4fd0-bdae-2265301eab8b","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":164,"width":74,"height":7}},{"id":"d5efb8a4-193f-4b15-8401-79c19f37499a","block_type":"box","text":"9.1 years","page_number":3,"box":{"x":592,"y":165,"width":38,"height":6}},{"id":"45be4670-8322-4504-b668-a6e86a219d98","block_type":"box","text":"9.1 years","page_number":3,"box":{"x":773,"y":165,"width":39,"height":6}},{"id":"cadace49-7598-44ca-a87f-fa234bcc2fb8","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":176,"width":75,"height":5}},{"id":"d4f5f6a8-8047-49c7-8c60-803e7adc5a87","block_type":"box","text":"0.2%","page_number":3,"box":{"x":609,"y":176,"width":21,"height":5}},{"id":"ea6714ba-aced-41fa-8bd7-182873b5ef96","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":179,"width":7,"height":1}},{"id":"cd85fdb3-24f9-4d4c-8aef-0996fcd38783","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":188,"width":58,"height":5}},{"id":"f66f7ab9-6648-451b-98b5-d9b0db363a8d","block_type":"box","text":"7%","page_number":3,"box":{"x":617,"y":188,"width":13,"height":5}},{"id":"99e79eb4-0188-4cda-8115-5359fd4dfa0e","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":191,"width":7,"height":0}},{"id":"83d42909-8645-48f5-994d-b06dbdc71cd8","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":"e44deb9e-02a7-48df-8faa-a774f45faa23","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":201,"width":105,"height":5}},{"id":"c4eed5b1-a98c-4c92-b475-50d4c59c9d38","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":"e737be05-f8e8-4f98-b367-9aac8565d651","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":210,"width":168,"height":6}},{"id":"b37d45f1-1540-4b6e-8591-b84a59214272","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":"6285f7cb-8fff-4688-a1a9-f1fbf0326796","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":246,"width":99,"height":6}},{"id":"28997211-6547-40d6-8a5a-7ec3df07ced4","block_type":"box","text":"Japan","page_number":3,"box":{"x":162,"y":268,"width":26,"height":6}},{"id":"f012dd13-28d0-41ee-aef2-ff1e9507fc69","block_type":"box","text":"99.8","page_number":3,"box":{"x":434,"y":268,"width":18,"height":5}},{"id":"421152d4-a4ce-465f-a44c-fe651723cc45","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":268,"width":8,"height":5}},{"id":"9312f5fe-df4a-463c-a880-b84a62f3d8b6","block_type":"box","text":"Other","page_number":3,"box":{"x":162,"y":279,"width":25,"height":5}},{"id":"b3a104bf-e192-4a27-8b6b-7783b281f0dd","block_type":"box","text":"0.2","page_number":3,"box":{"x":439,"y":279,"width":13,"height":5}},{"id":"1ad1f5d4-e992-454d-94d0-061e5b177eb3","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":344,"width":240,"height":8}},{"id":"e93bcedd-2cff-4946-833b-0aa2b4c053b8","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":445,"width":229,"height":7}},{"id":"fb523197-09a6-4d36-9a68-08cc88c47869","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":467,"width":6,"height":5}},{"id":"68ca3bf1-052e-4793-b95b-bcb84fec894c","block_type":"box","text":"96.8","page_number":3,"box":{"x":435,"y":467,"width":18,"height":5}},{"id":"b2097ac1-abd7-4c66-8a96-6db795992b56","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":467,"width":8,"height":5}},{"id":"f8fada7c-c736-4a39-a0af-cf032e3026a3","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":164,"y":478,"width":43,"height":5}},{"id":"0eecd783-2f48-4490-aa57-91dd8d279e25","block_type":"box","text":"3.2","page_number":3,"box":{"x":441,"y":478,"width":12,"height":5}},{"id":"69060dd5-8411-4b0a-b2b6-cc037e24609c","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":578,"width":186,"height":7}},{"id":"cc1c5495-374d-4a81-89a8-2cf1bdc2a347","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":712,"width":90,"height":8}},{"id":"36f4d43a-7411-4c51-bdc2-08301f6f263f","block_type":"box","text":"Vanguard Japan Government Bond Index Fund","page_number":3,"box":{"x":38,"y":31,"width":633,"height":19}},{"id":"2328a990-c358-48ac-9b6f-868681fb9b03","block_type":"box","text":"Institutional Plus GBP Hedged Dist","page_number":3,"box":{"x":40,"y":55,"width":296,"height":13}},{"id":"a6cf664d-7305-4c89-a0f5-a9032ced20e9","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":"d2ae2e70-9e4f-4a27-964b-03e03a40534c","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":"a7acdb14-00fa-4855-a618-d9ee95e5ab6d","block_type":"box","text":"Treasury/federal","page_number":3,"box":{"x":162,"y":598,"width":72,"height":7}},{"id":"3e93035f-68a4-4759-8f49-00f6b3872132","block_type":"box","text":"94.8","page_number":3,"box":{"x":434,"y":598,"width":18,"height":5}},{"id":"5819df04-75b2-4abf-9b0b-eb1e9a04d490","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":598,"width":8,"height":5}},{"id":"8bdba40c-284b-4651-9aa4-0adcffe9141b","block_type":"box","text":"Government-related - local authority","page_number":3,"box":{"x":162,"y":610,"width":158,"height":7}},{"id":"8711be7c-f298-4f4b-813c-e27026d55d3f","block_type":"box","text":"2.5","page_number":3,"box":{"x":440,"y":610,"width":12,"height":5}},{"id":"a93fbca7-7f4d-4bc4-9569-698e62914c0e","block_type":"box","text":"Government-related - agencies","page_number":3,"box":{"x":162,"y":622,"width":133,"height":7}},{"id":"b129d811-d984-40a0-aa75-045a70196f2a","block_type":"box","text":"2.4","page_number":3,"box":{"x":440,"y":622,"width":12,"height":5}},{"id":"12e013ec-fc4f-4ec0-9ab9-43bf563189fc","block_type":"box","text":"Cash*","page_number":3,"box":{"x":162,"y":634,"width":25,"height":5}},{"id":"3ee70fe4-7acc-460f-aa39-3829d50b68d2","block_type":"box","text":"0.2","page_number":3,"box":{"x":439,"y":634,"width":13,"height":5}},{"id":"d3cce59c-410c-4ace-9ed1-72d542b89abc","block_type":"box","text":"Glossary for fund characteristics","page_number":3,"box":{"x":39,"y":738,"width":184,"height":8}},{"id":"d95006c6-f877-4643-94aa-513b8b47b1e5","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":754,"width":745,"height":8}},{"id":"2b3b2f88-3042-4e69-8c01-177707b4e7ef","block_type":"box","text":"ex average. These","page_number":3,"box":{"x":784,"y":754,"width":88,"height":8}},{"id":"8dfbbc75-66e4-460f-8610-6d99808138ff","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":764,"width":761,"height":7}},{"id":"5f427e1d-c8b1-49f5-99c0-05f14d094f5c","block_type":"box","text":"of the fund’s","page_number":3,"box":{"x":803,"y":764,"width":63,"height":6}},{"id":"9a950bca-1f22-4d61-b8a7-3cea42076c54","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":773,"width":426,"height":8}},{"id":"a0b4dcb3-9db3-4579-bcb4-bd718ae0f0bf","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":787,"width":72,"height":6}},{"id":"7199f96d-b0c5-4617-990b-381177901178","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":787,"width":566,"height":7}},{"id":"9f88a3af-6c18-4155-826d-50b08098387a","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":801,"width":82,"height":7}},{"id":"eb12e9d8-a8aa-4ed5-87a9-3f28fd7ca53e","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":800,"width":612,"height":8}},{"id":"0bd82fec-c237-4746-8a99-37528c25ad18","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":814,"width":91,"height":8}},{"id":"8100bcf6-c0c1-471a-92d4-6db1dfe6423c","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":814,"width":719,"height":8}},{"id":"1132efba-0d07-4956-9e15-3c17f7019a33","block_type":"box","text":"hat the","page_number":3,"box":{"x":852,"y":814,"width":35,"height":6}},{"id":"9ede550f-b619-4e79-b3f7-b30b7aa5aa4d","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":823,"width":727,"height":8}},{"id":"0bb2ba5f-c77a-4cbd-a29d-10b60ca6ff39","block_type":"box","text":"y futures contracts held. In","page_number":3,"box":{"x":767,"y":823,"width":133,"height":8}},{"id":"f36afe20-ca90-49a8-9633-8bfe6f2af00e","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":833,"width":710,"height":8}},{"id":"c6ab90ee-e8c6-43a9-8ae8-5506567f3d00","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":847,"width":81,"height":7}},{"id":"591523bc-6278-40d5-a037-3e2e2dafafcb","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":847,"width":694,"height":7}},{"id":"149b1f4a-46b5-474b-861f-1c1d86800232","block_type":"box","text":"e agencies make","page_number":3,"box":{"x":818,"y":847,"width":81,"height":7}},{"id":"322dc6e7-1b16-4bef-a5e0-179541283263","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":856,"width":717,"height":8}},{"id":"76564165-0a26-48ed-9628-0d8c607a750a","block_type":"box","text":"itworthy bond issuers.","page_number":3,"box":{"x":756,"y":856,"width":109,"height":8}},{"id":"2f833292-16d0-4f0f-b4f8-53f81d575513","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":870,"width":88,"height":7}},{"id":"757aebe6-f4fc-4ac9-bd22-9ca6d11d4184","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":870,"width":735,"height":7}},{"id":"e0259315-6fc2-49da-bccd-002b8121eb20","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":879,"width":729,"height":8}},{"id":"acb9db90-a1fe-47e3-adc5-c4aa28029b6c","block_type":"box","text":"verage duration of five","page_number":3,"box":{"x":769,"y":879,"width":114,"height":8}},{"id":"d2b92fff-206f-4250-a0c1-379f4a5b4c95","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":888,"width":505,"height":8}},{"id":"78e50dea-6c04-4cc9-a9a2-449d60e9ecd7","block_type":"box","text":"Distribution yield","page_number":3,"box":{"x":39,"y":902,"width":86,"height":8}},{"id":"ddbe5925-9f9b-4b35-9886-b1c6da5fad7d","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":902,"width":765,"height":8}},{"id":"e9249e52-3200-42bf-8fb5-60cb0defd2c3","block_type":"box","text":".","page_number":3,"box":{"x":895,"y":907,"width":1,"height":1}},{"id":"4349b6f3-c485-4243-baf1-f16b8af02f55","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":911,"width":719,"height":8}},{"id":"caa8b81a-a28e-4d6a-8788-5b6572b2cd4a","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":365,"width":56,"height":5}},{"id":"c2784374-e105-4d51-bc7e-af754fda4562","block_type":"box","text":"4.6","page_number":3,"box":{"x":786,"y":365,"width":13,"height":5}},{"id":"90dc886a-a8c7-4e0f-99a7-23defb317d25","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":365,"width":8,"height":5}},{"id":"da284ec9-7161-42a0-b6b3-e1cd684a70ad","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":376,"width":60,"height":5}},{"id":"03db1a1f-ee62-4d52-ba44-4b3e653f4763","block_type":"box","text":"10.0","page_number":3,"box":{"x":781,"y":376,"width":18,"height":5}},{"id":"6034aab0-34d6-4a9d-a9d5-ecb0cdf18d64","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":365,"width":55,"height":5}},{"id":"6238c570-8f9e-4e67-b58a-25b8fdb6ae0f","block_type":"box","text":"0.2","page_number":3,"box":{"x":441,"y":365,"width":12,"height":5}},{"id":"07b30908-230e-4659-ad8e-11a77f29f35f","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":365,"width":8,"height":5}},{"id":"8cb3181c-8d91-4072-918b-6a6f1c9eeb80","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":376,"width":44,"height":5}},{"id":"6d45c13b-2500-41d7-a9ee-c7ec47b55451","block_type":"box","text":"33.3","page_number":3,"box":{"x":435,"y":376,"width":18,"height":5}},{"id":"3a2e3ced-cdd9-4f93-a79e-97748bcd48dc","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":387,"width":51,"height":5}},{"id":"bb5f622e-4dc1-4b3a-af64-fbb1e4b1f131","block_type":"box","text":"26.6","page_number":3,"box":{"x":435,"y":387,"width":18,"height":5}},{"id":"8dae079c-cc13-459c-afbd-44dc325f079d","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":398,"width":56,"height":5}},{"id":"11a62c4b-8db8-411d-9b75-ee215104cea0","block_type":"box","text":"12.9","page_number":3,"box":{"x":435,"y":398,"width":18,"height":5}},{"id":"c03a6c72-4ef4-451c-b6ed-7d76ad9f1750","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":409,"width":56,"height":5}},{"id":"6fb3aa02-0b00-40a9-8542-91f5c0444085","block_type":"box","text":"12.4","page_number":3,"box":{"x":435,"y":409,"width":18,"height":5}},{"id":"85488ba2-5174-49d3-86b6-b7ad5ff7cd81","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":666,"width":748,"height":8}},{"id":"b326e2f4-3b46-4ab6-bbf6-7c23755e0e67","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":666,"width":114,"height":8}},{"id":"7111b567-8267-48a9-bb90-206ecf91174f","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":676,"width":781,"height":8}},{"id":"4d022991-9a19-4157-bc62-8210c37cb3bd","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":677,"width":66,"height":6}},{"id":"f5806b13-2a29-487a-8f03-1d5fe5335314","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":687,"width":734,"height":8}},{"id":"0736c035-c98a-4287-b5d2-e68fc8a0f8a6","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":688,"width":33,"height":5}},{"id":"825a9cdd-9116-439e-86b0-7c46045f1b7a","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":533,"width":739,"height":7}},{"id":"c446c3fd-f361-482c-a22e-948c6e2f2ec3","block_type":"box","text":"& Poor’s. When ratings","page_number":3,"box":{"x":782,"y":533,"width":114,"height":7}},{"id":"cb9f9787-3b4a-4c25-b163-e2e0aa947321","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":543,"width":739,"height":8}},{"id":"7baf5c51-b28e-49b6-9400-7a7bfb9dbc6c","block_type":"box","text":"one rating is available,","page_number":3,"box":{"x":781,"y":543,"width":110,"height":8}},{"id":"f8f5eeec-946e-478e-9610-668a93b40692","block_type":"box","text":"that rating is used.","page_number":3,"box":{"x":38,"y":554,"width":94,"height":7}},{"id":"64c2168c-fa64-4efb-ab73-556d1986145f","block_type":"box","text":"Vanguard Japan Government Bond Index Fund","page_number":4,"box":{"x":38,"y":32,"width":670,"height":20}},{"id":"4c19684f-b3b0-4387-991e-22f0621e299d","block_type":"box","text":"Institutional Plus GBP Hedged Dist","page_number":4,"box":{"x":40,"y":57,"width":296,"height":13}},{"id":"86d9c56e-2fbe-4f72-bcef-b398f9309eb9","block_type":"box","text":"9535EN_092026","page_number":4,"box":{"x":895,"y":971,"width":71,"height":6}},{"id":"4daaccf8-07d6-44e6-a021-576e149d69ee","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":"dd1a8ad0-91c5-4f69-a0d8-1f5af3eb37ae","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":"a4c9cad6-9949-4328-b935-dbfb979bf7ac","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":"996881fd-0810-4bf4-abb8-ae4c5487e367","block_type":"box","text":"Web: http://global.vanguard.com","page_number":4,"box":{"x":38,"y":425,"width":169,"height":8}},{"id":"244dd797-6968-451b-b9e1-81635b3fb87d","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":"ed3fce44-e55c-474f-94e4-b2305ea7c8bf","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":"c8fdd0d1-eb33-4b48-9241-6b74986a7f8e","block_type":"box","text":"Email:","page_number":4,"box":{"x":39,"y":457,"width":30,"height":6}},{"id":"45a23479-e65a-49c9-8577-dc217945778d","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":4,"box":{"x":73,"y":457,"width":209,"height":8}},{"id":"9303b955-b029-4bf8-ac4e-5dca79a8b277","block_type":"box","text":"Important information","page_number":4,"box":{"x":39,"y":476,"width":126,"height":8}},{"id":"ae5fc6fd-2dad-41ae-860d-b91a40067844","block_type":"box","text":"This is a marketing communication.","page_number":4,"box":{"x":38,"y":494,"width":179,"height":7}},{"id":"1be44e1c-9f42-4211-a816-51863e4edc61","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":"07562690-38d5-4672-958d-0255396349b2","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":"aec9dd44-2d66-4b3c-af16-6e4e9e9e3f16","block_type":"box","text":"al investment decisions. The","page_number":4,"box":{"x":785,"y":530,"width":138,"height":6}},{"id":"3379f24e-f423-455f-8dda-2d38526ec765","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":"736d3cb6-b1bf-40f4-915d-60f2c14e6230","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":"c6c3816e-5a1a-46ec-8930-388475686e0f","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":"75aae05c-bb0e-4a18-abba-500598e2582c","block_type":"box","text":"risdiction where such an offer or","page_number":4,"box":{"x":748,"y":567,"width":161,"height":6}},{"id":"21d8b0d3-cf56-43d5-96c9-2433204886ef","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":"0ee861b7-64b6-4e70-9db9-f8404d001406","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":"e646f7be-d66e-48c1-96eb-3e8bab26cb8a","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":"de3ea0d1-28be-4318-83c2-8958449065d0","block_type":"box","text":"heir professional advisers on the","page_number":4,"box":{"x":773,"y":586,"width":160,"height":7}},{"id":"353ac12b-7e8f-472c-828c-ba19e39c7211","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":"7673ec07-f18c-4f05-9b57-f6c554e1bdac","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":"2175b8a3-27a3-471c-bd3f-edf82eb62e2c","block_type":"box","text":"certain EEA countries and the UK.","page_number":4,"box":{"x":759,"y":609,"width":168,"height":6}},{"id":"7af1f19e-0d2e-42b3-b428-7a93951011ad","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":"88ece793-0706-4c9c-8941-2a26cb8bb4ce","block_type":"box","text":"ional advisers on the","page_number":4,"box":{"x":784,"y":618,"width":101,"height":6}},{"id":"88f065b6-a289-4e35-8f26-2d6f228f1640","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":"1307716e-5619-4e3b-9d86-12c8620b8eff","block_type":"box","text":"er the law of the countries in","page_number":4,"box":{"x":785,"y":627,"width":142,"height":7}},{"id":"d54fea11-51b7-402a-915f-47085681528a","block_type":"box","text":"which they are liable to taxation.","page_number":4,"box":{"x":38,"y":637,"width":163,"height":7}},{"id":"697d8ea2-2a91-4afd-899e-6fd9067be489","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":"59cc93e4-a926-4e55-8912-f74469336d77","block_type":"box","text":"d Investment Series plc.","page_number":4,"box":{"x":797,"y":651,"width":117,"height":7}},{"id":"7413d770-8121-4647-a51e-4743771ef246","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":"294d5a38-4b13-490a-8fe1-59dc2e538a59","block_type":"box","text":"ccordance with the","page_number":4,"box":{"x":813,"y":666,"width":95,"height":6}},{"id":"1b73371d-d0af-4bff-be07-876f8e59b8ab","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":"41ee99ac-b59d-4bba-a081-f73dc5bf3590","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":"d1c9ffe5-6e9a-4873-b88d-3e54c5c3d229","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":"62767dfa-272c-40d2-a7a1-e28b42049c2f","block_type":"box","text":"rman, French,","page_number":4,"box":{"x":831,"y":698,"width":67,"height":7}},{"id":"d1193333-e485-4509-9685-56a562f7043e","block_type":"box","text":"Spanish, Dutch and Italian.","page_number":4,"box":{"x":39,"y":707,"width":133,"height":8}},{"id":"0f300f11-1241-44f6-a91b-998497a39fb0","block_type":"box","text":"The Central Bank of Ireland has granted authorisation for the Vanguard Japan Government Bond Index Fund to invest up to 100% of net assets in differen","page_number":4,"box":{"x":38,"y":721,"width":774,"height":7}},{"id":"1e90fc18-e918-421b-b8e4-05b773eca979","block_type":"box","text":"t Transferable Securities","page_number":4,"box":{"x":813,"y":721,"width":123,"height":6}},{"id":"e4b4d64f-3f7f-40d6-b1bc-2b52fcdecf47","block_type":"box","text":"and Money Market Instruments issued or guaranteed by any EU Member State, its local authorities, non-EU Member States or public international bodies o","page_number":4,"box":{"x":39,"y":730,"width":774,"height":8}},{"id":"63bf12ae-263d-4564-ad13-5a14092ecabf","block_type":"box","text":"f which one or more EU","page_number":4,"box":{"x":814,"y":730,"width":115,"height":6}},{"id":"dac855fa-4d95-48cf-9a6d-62dd712e2e75","block_type":"box","text":"Member States are members. The Vanguard Japan Government Bond Index Fund invests more than 35% of its scheme property in transferable securities and m","page_number":4,"box":{"x":39,"y":739,"width":801,"height":8}},{"id":"b2a6c5a3-314c-4270-ab19-ea8e27317aa4","block_type":"box","text":"oney market","page_number":4,"box":{"x":841,"y":740,"width":63,"height":7}},{"id":"fddc9e8e-1b99-42c0-9fd6-2f4373dca0a3","block_type":"box","text":"instruments issued or guaranteed by Japan.","page_number":4,"box":{"x":39,"y":749,"width":219,"height":8}},{"id":"13c3ba95-78bd-4330-981f-10f597081cb7","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":764,"width":757,"height":8}},{"id":"f957188f-735c-4044-a872-e58ea2f7fae0","block_type":"box","text":"Limited (“BISL”) (collectively,","page_number":4,"box":{"x":800,"y":764,"width":143,"height":8}},{"id":"90f6971c-a1f8-4e01-9393-ce96e2410fda","block_type":"box","text":"“Bloomberg”), or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices.","page_number":4,"box":{"x":39,"y":774,"width":452,"height":7}},{"id":"20c48dd8-fddf-4ab2-a84c-7ae1503bc4a1","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":787,"width":747,"height":8}},{"id":"69dd2e24-434f-4d0d-b0c0-ee9a30e7188c","block_type":"box","text":"lied, to the owners or","page_number":4,"box":{"x":787,"y":787,"width":104,"height":7}},{"id":"acff24b8-5a1f-4dd6-b9b1-8fbafcd669eb","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":797,"width":729,"height":7}},{"id":"8001db5b-79c0-4b3b-9421-bd879b19b620","block_type":"box","text":"or the ability of the Bloomberg","page_number":4,"box":{"x":771,"y":797,"width":153,"height":7}},{"id":"ad0bbd5b-d467-4b52-96e0-16e28d1dba0e","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":806,"width":745,"height":8}},{"id":"af14d489-e4d1-400e-9ca1-f71c0f62cdf1","block_type":"box","text":"r entity. Bloomberg’s only","page_number":4,"box":{"x":786,"y":806,"width":127,"height":8}},{"id":"14f057bf-b2f4-4e08-8926-f0eca497efab","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":816,"width":769,"height":7}},{"id":"21950871-5965-400e-9d33-6a077ee627ff","block_type":"box","text":"ard to Vanguard or the","page_number":4,"box":{"x":809,"y":816,"width":114,"height":7}},{"id":"e22d569c-6969-4a79-88c6-145003e2d497","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":825,"width":760,"height":8}},{"id":"d7f50af5-0fd1-4426-9318-0a473fc9e9c7","block_type":"box","text":"consideration in","page_number":4,"box":{"x":802,"y":825,"width":78,"height":6}},{"id":"ff08bf74-9025-41bd-9b6c-7de72ac1d68a","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":834,"width":753,"height":8}},{"id":"18dc3ca6-7898-4954-a638-c7872b0dc796","block_type":"box","text":"he timing of, prices at, or","page_number":4,"box":{"x":793,"y":834,"width":124,"height":8}},{"id":"a6bb373c-4ce9-44de-a732-9f3db0ee7d68","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":844,"width":734,"height":7}},{"id":"41590333-6bb5-49d1-a034-b816cd3c2d2c","block_type":"box","text":"ing of the products.","page_number":4,"box":{"x":774,"y":844,"width":97,"height":7}},{"id":"790e829b-111e-42e8-a5d5-2e374930c09a","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":857,"width":506,"height":8}},{"id":"6c9ecc8a-8381-4cbb-9e2d-965304d527d6","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":4,"box":{"x":39,"y":867,"width":326,"height":8}},{"id":"06cccef6-00e4-46d9-9bfe-0f49882bf6d0","block_type":"box","text":"SEDOL Masterfile®.","page_number":4,"box":{"x":368,"y":867,"width":98,"height":6}},{"id":"f8cc0d1c-560c-4532-ad86-68b3ecd3a094","block_type":"box","text":"Investment risk information","page_number":4,"box":{"x":39,"y":111,"width":156,"height":6}},{"id":"ecaab0d3-1d89-4db5-a369-434dd80242c9","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":"aef1b266-36b5-4fee-aeb0-b66e8defad16","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":"0350f8db-d12e-4cf1-90ee-303379e15ad3","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":"06d0d822-9e68-4713-ba6e-32cfda82ffc9","block_type":"box","text":"of income may fluctuate.","page_number":4,"box":{"x":767,"y":152,"width":124,"height":8}},{"id":"2619d66a-e75e-4b79-a815-3df9d347f5d5","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":"f504a7f7-29f6-46f9-b9ec-d9af11b04340","block_type":"box","text":"may carry greater credit risk","page_number":4,"box":{"x":774,"y":162,"width":141,"height":7}},{"id":"a5beda29-2e22-4afa-88fe-843561fff58e","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":"d4d06a29-222c-4d50-9c2a-17274d05033d","block_type":"box","text":"terest rates are likely to","page_number":4,"box":{"x":792,"y":171,"width":118,"height":8}},{"id":"6af457d0-9952-4872-af02-d2db55fd7de1","block_type":"box","text":"affect the capital value of bonds.","page_number":4,"box":{"x":39,"y":180,"width":164,"height":8}},{"id":"4132fcdd-369c-4d6a-9204-05730d1a5b75","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":"5b9ff86d-6328-4805-b32e-478ed00e447b","block_type":"box","text":"exposure to underlying","page_number":4,"box":{"x":785,"y":194,"width":112,"height":8}},{"id":"a3d67a9b-34bf-44d3-9cfc-18a8392653de","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":"ee2c7ed0-169c-40b5-9eb4-4c58c91e45fa","block_type":"box","text":"a financial asset (such as a share,","page_number":4,"box":{"x":748,"y":203,"width":167,"height":8}},{"id":"c47dfdb9-92ec-4852-95f4-b68bd7ba6205","block_type":"box","text":"bond, or currency) or a market index.","page_number":4,"box":{"x":39,"y":213,"width":182,"height":8}},{"id":"19d57720-3d15-4bbc-8e34-730f7229585a","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":"822ece00-36c3-42b9-97ca-d7364049165f","block_type":"box","text":"ts.","page_number":4,"box":{"x":802,"y":227,"width":11,"height":6}},{"id":"5db82f0e-97ec-4b32-b781-b7504fb234d0","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":"ba9b3235-04e9-4513-a725-4082e4e8552c"},"user_id":1000002,"date_created":"2026-10-15T22:23:03.632000Z","date_modified":"2026-10-15T22:23:03.632000Z","private":false}