{"annotation_id":"78c4bf96-2565-43e1-8650-b3c74c0de931","file_hash":"6d423d0c2841996ff15f1edc488d0b78b8349019b464a207e28c11ea07ea99ac","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"88fa2692-34b6-4503-b4bc-66d5ed26a95d","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":12,"width":155,"height":25}},{"id":"1582040e-870a-4d2a-8571-952c969a6a39","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":13,"width":14,"height":4}},{"id":"0cbbd0e3-af29-41d0-94b5-bb0c08f1f1c0","block_type":"box","text":"Vanguard ESG EUR Corporate Bond UCITS ETF","page_number":1,"box":{"x":38,"y":107,"width":759,"height":22}},{"id":"5776bb30-5576-44db-956c-9965c3a565cf","block_type":"box","text":"(GBP) Accumulating Hedged - An exchange-traded fund","page_number":1,"box":{"x":39,"y":136,"width":480,"height":13}},{"id":"24221fad-40bf-43c1-b284-b7122f763f76","block_type":"box","text":"Inception date: 15 November 2022","page_number":1,"box":{"x":40,"y":155,"width":247,"height":10}},{"id":"0caaa103-f064-497e-9e10-dae5cc2fadb8","block_type":"box","text":"Total assets (million) £114","page_number":1,"box":{"x":38,"y":176,"width":148,"height":8}},{"id":"c98bc319-d37a-4824-ac21-dc01de65a456","block_type":"box","text":"|","page_number":1,"box":{"x":190,"y":176,"width":1,"height":7}},{"id":"e78e996b-abff-48dd-92a3-9dd7771f4857","block_type":"box","text":"Share class assets (million) £5 as at 30 September 2026","page_number":1,"box":{"x":196,"y":176,"width":320,"height":8}},{"id":"ab927e17-2970-41ed-8e3d-35d754fe57f0","block_type":"box","text":"Key ETF facts","page_number":1,"box":{"x":39,"y":210,"width":89,"height":9}},{"id":"a59c940d-9065-4d9c-98be-2e383378e571","block_type":"box","text":"Exchange ticker","page_number":1,"box":{"x":307,"y":214,"width":80,"height":7}},{"id":"4590136e-0ad7-4623-8c3d-b4a7126dc8bd","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":457,"y":214,"width":36,"height":6}},{"id":"093a7716-dd48-411a-969d-71476d1cedd6","block_type":"box","text":"Reuters","page_number":1,"box":{"x":561,"y":214,"width":39,"height":6}},{"id":"ce6dac78-d82c-45be-9632-f271f19667f6","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":674,"y":214,"width":54,"height":7}},{"id":"17fb6aea-5815-4d5c-a447-3f0631d04a6d","block_type":"box","text":"Bloomberg iNav","page_number":1,"box":{"x":771,"y":214,"width":80,"height":7}},{"id":"7a6430a5-0b77-4f75-ab25-9b4cb63d9644","block_type":"box","text":"Valoren","page_number":1,"box":{"x":912,"y":214,"width":39,"height":6}},{"id":"4e8b8c8c-d646-4964-adc3-b457d93ffd10","block_type":"box","text":"London Stock Exchange","page_number":1,"box":{"x":39,"y":231,"width":120,"height":8}},{"id":"362280f8-83a3-4a3c-8021-802874595a19","block_type":"box","text":"GBP","page_number":1,"box":{"x":39,"y":242,"width":18,"height":5}},{"id":"758b1b42-8741-46b5-88f2-0d27feefc821","block_type":"box","text":"V3RP","page_number":1,"box":{"x":363,"y":243,"width":24,"height":5}},{"id":"01498da5-05f4-4d96-bd8f-109b2adcf6ae","block_type":"box","text":"BKPHXQ2","page_number":1,"box":{"x":450,"y":243,"width":43,"height":5}},{"id":"507cc928-7286-4b40-a94c-4027c15747d7","block_type":"box","text":"V3RP.L","page_number":1,"box":{"x":568,"y":243,"width":31,"height":5}},{"id":"aba7e50e-6df2-4204-8d77-359e0887c1c7","block_type":"box","text":"V3RP LN","page_number":1,"box":{"x":691,"y":243,"width":37,"height":5}},{"id":"36b925b9-ba40-4bf7-ae65-e2e891ecc7b2","block_type":"box","text":"IV3RPGBP","page_number":1,"box":{"x":806,"y":243,"width":44,"height":5}},{"id":"569ddefb-e3c6-49e8-a20f-417b9f8815ec","block_type":"box","text":"—","page_number":1,"box":{"x":945,"y":245,"width":6,"height":1}},{"id":"578cf5e7-c5f6-4b1f-a509-7f6f8ef41601","block_type":"box","text":"Ongoing Charges Figure†","page_number":1,"box":{"x":39,"y":409,"width":134,"height":8}},{"id":"8fddccbb-ee94-451b-b160-14f6503dae9d","block_type":"box","text":"e†","page_number":1,"box":{"x":173,"y":407,"width":10,"height":8}},{"id":"b165cf79-49ae-4110-91b7-f0c9f2f43fc7","block_type":"box","text":"0.12","page_number":1,"box":{"x":218,"y":410,"width":20,"height":6}},{"id":"b140cde8-b34b-47c7-a429-4630951402c5","block_type":"box","text":"%","page_number":1,"box":{"x":238,"y":410,"width":9,"height":6}},{"id":"b94c79de-5e11-4c92-a9d1-ed32bf75b764","block_type":"box","text":"†","page_number":1,"box":{"x":39,"y":432,"width":5,"height":5}},{"id":"e1db7c74-d32e-4005-8fe4-f5841b2be640","block_type":"box","text":"The Ongoing Charges Figure (OCF) covers administration, audit, depository, legal, registration and regulatory expenses incurred in respect of the Fu","page_number":1,"box":{"x":49,"y":433,"width":738,"height":8}},{"id":"fd3fc5a6-317a-4ceb-869e-b3b08f47ffa6","block_type":"box","text":"nds. When you invest with","page_number":1,"box":{"x":789,"y":433,"width":129,"height":8}},{"id":"0b8be401-3329-48bb-8ca3-f6f945c55e8b","block_type":"box","text":"any fund manager, you pay a number of charges, starting with the Annual Management Charge (AMC) which covers the fund manager’s costs of managing","page_number":1,"box":{"x":39,"y":446,"width":777,"height":8}},{"id":"2cc42f8c-1116-45af-89a6-40ea862bc2e3","block_type":"box","text":"the fund. The AMC","page_number":1,"box":{"x":820,"y":446,"width":93,"height":6}},{"id":"f6ff68eb-e8f2-486f-a813-c4dc0b570866","block_type":"box","text":"plus ongoing running costs and other operational expenses make up the fund’s total ’ongoing charges figure’.","page_number":1,"box":{"x":39,"y":457,"width":543,"height":7}},{"id":"abc09024-367b-404e-8ca6-b3452fce01a6","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":476,"width":186,"height":8}},{"id":"7f335ee3-4323-4311-8c6d-405d85d3ef8a","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":493,"width":3,"height":2}},{"id":"ce484f08-0920-4c91-8387-1f1e2123c5dc","block_type":"box","text":"The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the pe","page_number":1,"box":{"x":51,"y":491,"width":732,"height":7}},{"id":"6889a849-1da2-4399-ab9b-880ba86ae428","block_type":"box","text":"rformance of the Bloomberg","page_number":1,"box":{"x":784,"y":491,"width":142,"height":7}},{"id":"e1f31308-f4b5-41da-aa9f-cdeabc38cd9c","block_type":"box","text":"MSCI EUR Corporate Liquid Bond Screened Index (the “Index”).","page_number":1,"box":{"x":51,"y":501,"width":314,"height":8}},{"id":"33b7fcf0-3e91-4e59-bf68-90fe422c69e7","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":516,"width":3,"height":2}},{"id":"b9595640-3445-4a86-8512-e835a29775e8","block_type":"box","text":"In tracking the performance of the Index, the Fund will invest in a EUR denominated portfolio of investment grade corporate fixed-rate bonds that so f","page_number":1,"box":{"x":51,"y":513,"width":752,"height":8}},{"id":"12600e20-9946-48ae-bdf8-84242b24fc2f","block_type":"box","text":"ar as possible and","page_number":1,"box":{"x":804,"y":514,"width":88,"height":7}},{"id":"1eae6f94-5c00-4e6a-8e1f-14f0faeb8ce8","block_type":"box","text":"practicable consists of a representative sample of the component securities of the Index.","page_number":1,"box":{"x":51,"y":524,"width":442,"height":8}},{"id":"eaa29797-8bce-4301-8532-02e9dc4df2fd","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":538,"width":3,"height":3}},{"id":"9bf49355-6ee5-4c25-a925-093788b94230","block_type":"box","text":"The Index is constructed from the Bloomberg Euro-Aggregate Corporates Index (the “Parent Index”) which represents a similar investment univers","page_number":1,"box":{"x":51,"y":536,"width":731,"height":8}},{"id":"e8cec4da-dcbe-422e-8848-8abff911b7bb","block_type":"box","text":"e which is then screened for","page_number":1,"box":{"x":783,"y":536,"width":138,"height":6}},{"id":"564fdb07-8deb-4815-a556-0d2415b53cb4","block_type":"box","text":"certain environmental, social, and governance (i.e. controversy-related) criteria which is independent of Vanguard. criteria (the “screening cri","page_number":1,"box":{"x":51,"y":547,"width":701,"height":7}},{"id":"b253a578-b084-4f41-9e05-06abfab2a98b","block_type":"box","text":"teria”) by Bloomberg as the sponsor","page_number":1,"box":{"x":753,"y":547,"width":180,"height":7}},{"id":"4ee855b8-5ab1-4f74-9ab1-6d671e86da27","block_type":"box","text":"of the Index, which is independent of Vanguard.","page_number":1,"box":{"x":51,"y":557,"width":237,"height":8}},{"id":"acabc80c-6c1a-4f3a-8c17-be06fdcf5b5a","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":572,"width":3,"height":2}},{"id":"0ef941fc-d23c-44df-98db-369b4bd97056","block_type":"box","text":"Through the screening out of bonds issued by corporate issuers from its portfolio based on the potentially detrimental impact of the relevant corporat","page_number":1,"box":{"x":51,"y":570,"width":749,"height":7}},{"id":"a07f8f01-fd61-4d73-a67a-2a8c97c750af","block_type":"box","text":"e issuer’s conduct or","page_number":1,"box":{"x":801,"y":570,"width":101,"height":6}},{"id":"37292f54-32c9-479c-a1af-6f296be3ac9b","block_type":"box","text":"products on society and / or the environment, the Fund promotes certain environmental characteristics and social characteristics relating to social no","page_number":1,"box":{"x":51,"y":580,"width":745,"height":8}},{"id":"eb1dc4f5-e171-4478-aa77-86c956b3cdb5","block_type":"box","text":"rms and standards.","page_number":1,"box":{"x":798,"y":580,"width":95,"height":6}},{"id":"8c0f5a97-fb07-4edf-8283-f44a3a457d13","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":595,"width":3,"height":2}},{"id":"adc07dac-38e6-4f11-b276-07111b0a82e2","block_type":"box","text":"The Index methodology excludes the bonds of corporate issuers that MSCI determines (a) to be engaged in activities in or involved in specific parts","page_number":1,"box":{"x":51,"y":592,"width":730,"height":8}},{"id":"733c34bd-d384-467e-9824-5a02b76b3d86","block_type":"box","text":"of the supply chain for,","page_number":1,"box":{"x":784,"y":592,"width":113,"height":8}},{"id":"bd4757fd-c4d9-4b22-8156-14c809332e77","block_type":"box","text":"and/or (b) derive revenue (above a threshold specified by the Index provider) from, certain business segments of activities related to the followi","page_number":1,"box":{"x":51,"y":603,"width":716,"height":8}},{"id":"f8f7c454-0807-4919-a8ab-a3eb5c93ea98","block_type":"box","text":"ng: (i) adult entertainment, (ii)","page_number":1,"box":{"x":768,"y":603,"width":152,"height":8}},{"id":"a1ed263a-72bc-4936-a56b-3e000a1d695f","block_type":"box","text":"alcohol, (iii) gambling, (iv) tobacco, (v) nuclear weapons, (vi) controversial weapons, (vii) conventional weapons, (viii) civilian firear","page_number":1,"box":{"x":51,"y":613,"width":646,"height":8}},{"id":"983d7f99-dbc3-43fd-9865-716a51abf7bc","block_type":"box","text":"ms, (ix) nuclear power, or (x) fossil fuels (which","page_number":1,"box":{"x":699,"y":613,"width":232,"height":8}},{"id":"4e87f6de-2bd8-4702-852c-2e7040b5d2ea","block_type":"box","text":"includes thermal coal, oil, gas, oil sands, arctic oil or arctic gas). The index provider defines what constitutes “involvement” in each activi","page_number":1,"box":{"x":51,"y":624,"width":674,"height":8}},{"id":"e35fb414-aa36-4c11-9e6f-e843ae5cb866","block_type":"box","text":"ty. This may be based on percentage of","page_number":1,"box":{"x":726,"y":624,"width":196,"height":8}},{"id":"92fdff07-1c4e-46a3-a532-10bd24cf10fe","block_type":"box","text":"revenue or any connection to a restricted activity regardless of the amount of revenue received, and will relate to specific parts of the supply chain","page_number":1,"box":{"x":51,"y":635,"width":729,"height":7}},{"id":"0a13c33e-ab0f-4bcf-b1b1-1780de26820b","block_type":"box","text":".","page_number":1,"box":{"x":782,"y":640,"width":1,"height":1}},{"id":"83212d72-cbf3-4a0b-bf52-410c4407a93e","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":649,"width":3,"height":2}},{"id":"ac317134-5151-4ef4-bda8-88fa30691040","block_type":"box","text":"Company product and conduct involvement is monitored on a yearly basis by the Index provider and as new data is made available to the Index provider.","page_number":1,"box":{"x":51,"y":647,"width":759,"height":7}},{"id":"197ef6e7-4773-4e3a-8176-d7371a5caeab","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":661,"width":3,"height":3}},{"id":"bb4abdc3-181a-4ded-9c6e-48ae2619b95e","block_type":"box","text":"For the full investment strategy please review the prospectus.","page_number":1,"box":{"x":51,"y":659,"width":309,"height":8}},{"id":"1b6e1701-7e28-4885-a1c4-b39a59a06520","block_type":"box","text":"‡","page_number":1,"box":{"x":35,"y":956,"width":3,"height":4}},{"id":"3833ab3f-f5a3-486e-b017-4f715ca4af0e","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":956,"width":181,"height":7}},{"id":"aae1148b-588f-4078-8591-dfae8690660b","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":1,"box":{"x":42,"y":971,"width":658,"height":8}},{"id":"1d15ef9f-39c9-46f3-9bc0-0558c235f019","block_type":"box","text":"Base currency","page_number":1,"box":{"x":39,"y":270,"width":71,"height":7}},{"id":"41a55b87-fdf4-4bcb-99b5-636ff73f780b","block_type":"box","text":"Tax reporting","page_number":1,"box":{"x":268,"y":269,"width":69,"height":8}},{"id":"b2e97783-7976-4d2a-ac95-5580e87f0fca","block_type":"box","text":"SRRI","page_number":1,"box":{"x":412,"y":270,"width":23,"height":6}},{"id":"a1178fbd-c9f8-4600-8920-3ba2cdf856b8","block_type":"box","text":"‡","page_number":1,"box":{"x":436,"y":270,"width":4,"height":3}},{"id":"772a84a9-9c8a-43bd-87d1-df6a17187224","block_type":"box","text":"Index ticker","page_number":1,"box":{"x":496,"y":269,"width":59,"height":7}},{"id":"040d867c-aaf2-48b9-bfdb-a83bae261c42","block_type":"box","text":"Investment structure","page_number":1,"box":{"x":646,"y":270,"width":108,"height":6}},{"id":"03060104-5b3e-45fe-a181-13398f92b613","block_type":"box","text":"Domicile","page_number":1,"box":{"x":903,"y":269,"width":42,"height":7}},{"id":"0f31f89c-2af4-4bb1-be1e-51022756fd8c","block_type":"box","text":"EUR","page_number":1,"box":{"x":39,"y":286,"width":17,"height":5}},{"id":"1cf40569-263e-4398-b311-9121c6dfd24a","block_type":"box","text":"Austria, Italy, Switzerland, UK","page_number":1,"box":{"x":210,"y":286,"width":128,"height":7}},{"id":"f8aec9c4-508e-49ab-8481-7e1d73157c9d","block_type":"box","text":"3","page_number":1,"box":{"x":435,"y":286,"width":4,"height":5}},{"id":"420cf6b3-576a-47b5-96a9-4eeb2556f7a6","block_type":"box","text":"H36950GB","page_number":1,"box":{"x":508,"y":286,"width":46,"height":5}},{"id":"d43b8bc2-4d46-4059-ba89-42ff8e59dc34","block_type":"box","text":"UCITS","page_number":1,"box":{"x":727,"y":286,"width":25,"height":5}},{"id":"dcbfd3ff-f8f0-4f1c-8aed-f6387b389433","block_type":"box","text":"Ireland","page_number":1,"box":{"x":917,"y":286,"width":28,"height":5}},{"id":"bc9628c2-81f3-406b-9aa0-faf140c8d221","block_type":"box","text":"Legal entity","page_number":1,"box":{"x":39,"y":317,"width":60,"height":8}},{"id":"f7cb69cc-6b8e-460f-8115-2b5bf71cee6c","block_type":"box","text":"Investment method","page_number":1,"box":{"x":238,"y":317,"width":99,"height":6}},{"id":"d94b2f1d-b907-459f-b8b9-3e699166beee","block_type":"box","text":"ISIN","page_number":1,"box":{"x":420,"y":317,"width":20,"height":6}},{"id":"05dcf824-0db1-43bd-b79b-6623bea03530","block_type":"box","text":"Dividends","page_number":1,"box":{"x":506,"y":317,"width":49,"height":6}},{"id":"ba3805ec-a7b0-4f4e-820a-73532a1ed30b","block_type":"box","text":"Dividend schedule","page_number":1,"box":{"x":663,"y":317,"width":90,"height":6}},{"id":"430d4a53-31b2-4834-819a-cddf271053f2","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":841,"y":317,"width":105,"height":8}},{"id":"2302a819-c82f-466c-a076-53030e3880c5","block_type":"box","text":"Vanguard Funds plc","page_number":1,"box":{"x":38,"y":334,"width":85,"height":6}},{"id":"7e92a475-bf78-4848-be93-6332ca51bc41","block_type":"box","text":"Physical","page_number":1,"box":{"x":303,"y":334,"width":34,"height":6}},{"id":"106b731f-2c36-43b0-9fbf-1653ae40a82c","block_type":"box","text":"IE000UQLOH05","page_number":1,"box":{"x":368,"y":334,"width":71,"height":5}},{"id":"b4b4d085-27aa-4bc7-9f04-5eb0d11564a2","block_type":"box","text":"Accumulated","page_number":1,"box":{"x":499,"y":334,"width":55,"height":5}},{"id":"513b754c-f350-4aac-8986-e0de4e84b15a","block_type":"box","text":"—","page_number":1,"box":{"x":746,"y":337,"width":7,"height":0}},{"id":"39073c21-7d2f-406a-bc6c-ed027b30fc01","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":780,"y":334,"width":166,"height":6}},{"id":"5d7df447-1979-456f-89bd-65f4776091df","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":67,"width":229,"height":9}},{"id":"87c2ace5-9d0f-4124-a2f5-8174472e331f","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":80,"width":84,"height":10}},{"id":"f6766ec7-43ed-4355-bcec-73be43465c43","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":81,"width":7,"height":11}},{"id":"d3fd3e14-a5d3-44f5-9ca2-11297fc7f4fd","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":81,"width":161,"height":11}},{"id":"5dc4fcd1-b3d4-449d-98a8-9c1f69fdb3f8","block_type":"box","text":"Vanguard ESG EUR Corporate Bond UCITS ETF","page_number":2,"box":{"x":38,"y":34,"width":683,"height":19}},{"id":"91265daa-0416-4aeb-b7de-be3ad0f41e6e","block_type":"box","text":"(GBP) Accumulating Hedged - An exchange-traded fund","page_number":2,"box":{"x":39,"y":60,"width":480,"height":13}},{"id":"d774e07b-5626-46e7-b726-ebd697a70dbb","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":99,"width":127,"height":8}},{"id":"4c6d1e52-5ff5-44ab-96c7-fbc799e6ff3b","block_type":"box","text":"GBP","page_number":2,"box":{"x":39,"y":117,"width":21,"height":6}},{"id":"26dcf022-91e2-4580-b0a6-5e649462e75a","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":120,"width":8,"height":1}},{"id":"a8c5800f-ef85-4742-96b2-f7d2337c5a34","block_type":"box","text":"Vanguard ESG EUR Corporate Bond UCITS ETF","page_number":2,"box":{"x":69,"y":117,"width":237,"height":7}},{"id":"a4431402-5f03-4286-8813-4718cf1d1e8e","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":128,"width":56,"height":6}},{"id":"0d18f616-c2ab-4772-b429-667c5468cbf7","block_type":"box","text":"— Bloomberg MSCI EUR Corporate Liquid Bond Screened Index hedged in GBP","page_number":2,"box":{"x":98,"y":128,"width":390,"height":7}},{"id":"dd55c4da-5730-4fbd-b151-345a32117c3b","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":187,"width":148,"height":8}},{"id":"cbec98c5-418d-41e1-8d02-0deccaca8e25","block_type":"box","text":"1 month","page_number":2,"box":{"x":284,"y":187,"width":40,"height":6}},{"id":"69ba0898-0854-460a-b190-f2ac6a51ea1b","block_type":"box","text":"Quarter","page_number":2,"box":{"x":378,"y":187,"width":39,"height":6}},{"id":"b3d75e99-b123-47a7-a830-d6a2196791cc","block_type":"box","text":"Year to","page_number":2,"box":{"x":473,"y":177,"width":36,"height":6}},{"id":"42a65cd3-3a62-4b20-9953-74da760f6b5c","block_type":"box","text":"date","page_number":2,"box":{"x":486,"y":187,"width":23,"height":6}},{"id":"397fc0e4-9f3a-433c-8c74-c50028f1485f","block_type":"box","text":"1 year","page_number":2,"box":{"x":557,"y":187,"width":30,"height":8}},{"id":"02f8b627-2ca2-4949-a0f9-511350a474d2","block_type":"box","text":"3 years","page_number":2,"box":{"x":633,"y":187,"width":35,"height":8}},{"id":"34369662-32df-4582-9cce-d5ba31092320","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":187,"width":35,"height":8}},{"id":"03c1a9c3-4aee-4158-b986-3f20861da993","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":187,"width":41,"height":8}},{"id":"812ca173-43d2-4697-9597-c4fdf2568a55","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":177,"width":26,"height":6}},{"id":"a82b4d97-292e-4fd9-a349-c54a99c4698a","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":188,"width":45,"height":7}},{"id":"f488aa5a-5913-4bd5-853c-a138d58a2bc0","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":205,"width":20,"height":5}},{"id":"d9bf7c51-72d0-4efa-808b-b5cc606621e2","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":205,"width":59,"height":6}},{"id":"f2d75644-70f4-477c-af72-bcd6bcfffce7","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":205,"width":3,"height":6}},{"id":"efc590bd-a255-4305-a4ff-a28752e56942","block_type":"box","text":"-1.20%","page_number":2,"box":{"x":294,"y":205,"width":30,"height":5}},{"id":"353ffc02-0fd3-4f6c-9171-1092542812db","block_type":"box","text":"-2.17%","page_number":2,"box":{"x":386,"y":205,"width":30,"height":5}},{"id":"13dc1d84-0911-4536-8496-0b8816a418a8","block_type":"box","text":"-0.11%","page_number":2,"box":{"x":478,"y":205,"width":31,"height":5}},{"id":"cd84cd3c-76a9-4211-a636-d22b032e52be","block_type":"box","text":"0.62%","page_number":2,"box":{"x":560,"y":205,"width":26,"height":5}},{"id":"9477a967-fc3e-4050-9375-54748c6af09c","block_type":"box","text":"5.52%","page_number":2,"box":{"x":641,"y":205,"width":27,"height":5}},{"id":"45c4d0d2-9b3c-4a5b-82de-36bc69290b5e","block_type":"box","text":"—","page_number":2,"box":{"x":752,"y":208,"width":7,"height":0}},{"id":"13e53694-2c16-4889-b7f6-98317b87a8e7","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":208,"width":7,"height":0}},{"id":"5126c141-7b78-447e-b461-d0edee2c639b","block_type":"box","text":"5.06%","page_number":2,"box":{"x":925,"y":205,"width":27,"height":5}},{"id":"80a86316-3de5-48f9-be67-8fba7e675257","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":221,"width":48,"height":5}},{"id":"8e96d730-1902-4c77-b684-d04dc169efe8","block_type":"box","text":"-1.20%","page_number":2,"box":{"x":294,"y":220,"width":30,"height":5}},{"id":"7389c23d-a14a-4dc3-b3f2-4c1825c9f19d","block_type":"box","text":"-2.14%","page_number":2,"box":{"x":386,"y":220,"width":30,"height":5}},{"id":"c94f04db-aed1-4f1d-a8c2-86fde7cf5110","block_type":"box","text":"-0.01%","page_number":2,"box":{"x":478,"y":220,"width":31,"height":5}},{"id":"61603023-9bcf-44bc-9cc8-3cbfe3a6f478","block_type":"box","text":"0.76%","page_number":2,"box":{"x":560,"y":220,"width":26,"height":5}},{"id":"383ce6fb-4fe9-488d-8ba8-c0cc9e70b0af","block_type":"box","text":"5.67%","page_number":2,"box":{"x":641,"y":220,"width":27,"height":5}},{"id":"50f28737-9864-4777-b6c6-f145f3861157","block_type":"box","text":"—","page_number":2,"box":{"x":752,"y":223,"width":7,"height":0}},{"id":"2cb8f69c-bd3f-4e2f-9d44-a37e8d4139b4","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":223,"width":7,"height":0}},{"id":"14ccb607-e807-46ae-877e-1d4b903b6107","block_type":"box","text":"5.24%","page_number":2,"box":{"x":925,"y":220,"width":27,"height":5}},{"id":"4c76b7e9-2383-4b8f-8f0b-b4183b9b5bbb","block_type":"box","text":"**Figures for periods less than one year are cumulative returns. All other figures represent annual returns. Performance figures include the reinvest","page_number":2,"box":{"x":39,"y":237,"width":734,"height":7}},{"id":"5dcf667d-5ee4-4f7e-919b-638ba5d17299","block_type":"box","text":"ment of all dividends and any","page_number":2,"box":{"x":775,"y":237,"width":145,"height":7}},{"id":"f7e06588-40a3-462c-9cbf-96d3012216df","block_type":"box","text":"capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of shares. B","page_number":2,"box":{"x":39,"y":246,"width":757,"height":8}},{"id":"1edeaa3d-dde4-4550-92aa-134e915b8b06","block_type":"box","text":"asis of fund performance is","page_number":2,"box":{"x":797,"y":246,"width":135,"height":8}},{"id":"6cd76520-7391-45df-8f3c-3723422875e8","block_type":"box","text":"NAV to NAV with gross income invested. Basis of index performance is total return.","page_number":2,"box":{"x":39,"y":255,"width":418,"height":8}},{"id":"2bd05780-0de2-4589-95d5-4789c89b01f7","block_type":"box","text":"Performance and Data is calculated on closing NAV as at 30 September 2026.","page_number":2,"box":{"x":39,"y":271,"width":390,"height":7}},{"id":"f6b7ba37-0034-4e76-a5cb-b6340e61d6d9","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":2,"box":{"x":39,"y":284,"width":307,"height":8}},{"id":"8a8c350f-0185-43ee-aab8-5ccc961e51d8","block_type":"box","text":"Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the","page_number":2,"box":{"x":39,"y":298,"width":736,"height":8}},{"id":"f617c3fd-5425-45ee-845d-27fd861f4314","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":298,"width":143,"height":6}},{"id":"c6f906f7-6b67-40b3-986e-bd1a5e0e42e7","block_type":"box","text":"and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of s","page_number":2,"box":{"x":39,"y":308,"width":759,"height":7}},{"id":"b6679df5-c0d2-47c5-b56c-dfbd5d5f5111","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":308,"width":97,"height":6}},{"id":"8ddc7e1d-8b63-4eeb-a7d1-7931c3e806cf","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":317,"width":604,"height":8}},{"id":"03da3d87-6fde-4b43-82ee-75298485eb60","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":344,"width":88,"height":8}},{"id":"15052f66-864e-4e2b-9444-93198f343098","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":569,"width":7,"height":1}},{"id":"3fdeeab1-bcd3-439d-bd97-3e7c1898755d","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":569,"width":7,"height":1}},{"id":"0f23cf3c-1631-46ee-ae1f-71c35d6fe16b","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":569,"width":7,"height":1}},{"id":"53a724e8-7500-4bb0-9e97-0f386674f0f8","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":569,"width":7,"height":1}},{"id":"4a7ae798-60dd-47fb-b863-cf72d150f666","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":569,"width":6,"height":1}},{"id":"64560a28-7720-49ea-b15f-1c988c0d706f","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":569,"width":7,"height":1}},{"id":"2f5bef31-5049-4d9d-8022-37dd707ee548","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":569,"width":6,"height":1}},{"id":"4ccd52ec-9713-4d66-9c66-9faa516554bc","block_type":"box","text":"01 Oct 2023","page_number":2,"box":{"x":742,"y":549,"width":53,"height":5}},{"id":"f6ab8e03-81d8-4678-b42d-84647614b725","block_type":"box","text":"-","page_number":2,"box":{"x":768,"y":560,"width":3,"height":1}},{"id":"fc04bb45-1bdc-4d38-bc9d-47743e911d32","block_type":"box","text":"30 Sep 2024","page_number":2,"box":{"x":742,"y":566,"width":53,"height":7}},{"id":"494cbbc8-f543-4668-ab5e-0bc64129af04","block_type":"box","text":"01 Oct 2024","page_number":2,"box":{"x":819,"y":549,"width":53,"height":5}},{"id":"9b68e957-07de-4ddd-b7da-f758111a9e64","block_type":"box","text":"-","page_number":2,"box":{"x":846,"y":560,"width":2,"height":1}},{"id":"19e990f1-8b8b-4932-8c2f-a7bfad555eb0","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":819,"y":566,"width":53,"height":7}},{"id":"36376f6e-a3ce-4236-95a6-294775f513eb","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":897,"y":549,"width":53,"height":5}},{"id":"fa3708a3-9da0-49b6-b5b8-7e79b798b4a1","block_type":"box","text":"-","page_number":2,"box":{"x":923,"y":560,"width":3,"height":1}},{"id":"b8a40042-92ba-4837-b8ba-322f2f1bb424","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":897,"y":566,"width":53,"height":7}},{"id":"566ff95c-236b-449b-88d4-f77c76e865dc","block_type":"box","text":"Fund (","page_number":2,"box":{"x":63,"y":582,"width":27,"height":7}},{"id":"c63a20b5-2889-46cd-84ac-f69da4b7da2c","block_type":"box","text":"Net of expenses)","page_number":2,"box":{"x":91,"y":583,"width":59,"height":6}},{"id":"ce64f95e-f4d7-4509-a4c3-ab7fc129a6f1","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":587,"width":7,"height":0}},{"id":"9352d364-7269-43f9-81d3-ac37982c486d","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":587,"width":7,"height":0}},{"id":"7a66a15e-8726-41ad-93d3-136404f58c51","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":587,"width":7,"height":0}},{"id":"eaf9b55d-0bb0-47f0-adcc-f5d9f3db919d","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":587,"width":7,"height":0}},{"id":"7f616441-2fec-4c1c-be5d-9959f317a2f6","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":587,"width":6,"height":0}},{"id":"d3baeff2-3aae-469d-a904-e416afc1ddd6","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":587,"width":7,"height":0}},{"id":"5698fe57-a03c-4000-97bf-e6c0e2e21e31","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":587,"width":6,"height":0}},{"id":"ab2d043d-07aa-42e0-83c2-661dfa71497b","block_type":"box","text":"10.79%","page_number":2,"box":{"x":752,"y":584,"width":32,"height":5}},{"id":"0c8ce501-c082-481c-a832-2b646150be9b","block_type":"box","text":"5.38%","page_number":2,"box":{"x":832,"y":584,"width":27,"height":5}},{"id":"edfaa2e2-66c5-4905-a99d-82c76b74a1f4","block_type":"box","text":"0.62%","page_number":2,"box":{"x":910,"y":584,"width":27,"height":5}},{"id":"8cac9c10-0fec-4b61-a5e8-2e2f18f4b822","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":598,"width":48,"height":5}},{"id":"0c59e24c-1c57-4f1d-ac7c-a048b8c82df2","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":602,"width":7,"height":1}},{"id":"f0453dfe-502c-4406-90b5-407daf6560b6","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":602,"width":7,"height":1}},{"id":"451b3acc-09cb-4a15-8da9-58ce05d8dec7","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":602,"width":7,"height":1}},{"id":"c12f3b44-bc01-4453-a13a-44f197d12acd","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":602,"width":7,"height":1}},{"id":"50380087-c39b-405e-8811-7a4289c18af2","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":602,"width":6,"height":1}},{"id":"807704a6-92ef-4c7f-8b2a-c3fb05d5d119","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":602,"width":7,"height":1}},{"id":"b8007152-e88f-4e78-9162-6bc9ffbe4b57","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":602,"width":6,"height":1}},{"id":"191c1ca2-f7e9-4d78-b004-82f9034bd3cd","block_type":"box","text":"10.96%","page_number":2,"box":{"x":752,"y":599,"width":32,"height":5}},{"id":"508c7704-e6ec-445f-a753-9fe0b0d2799d","block_type":"box","text":"5.55%","page_number":2,"box":{"x":832,"y":599,"width":27,"height":5}},{"id":"ec5404b7-3293-43ca-88ea-d8dca54893bc","block_type":"box","text":"0.76%","page_number":2,"box":{"x":910,"y":599,"width":27,"height":5}},{"id":"218ee58e-b57d-4faa-8769-1d686a57d9f4","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":402,"width":167,"height":8}},{"id":"62f46458-4520-4c5f-9e62-6af23abd4652","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":2,"box":{"x":38,"y":972,"width":658,"height":8}},{"id":"763aa643-68ba-49e7-98d8-fb66fbc92c48","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":645,"width":117,"height":8}},{"id":"cf35d5ae-4b7e-4789-b5d2-87c0980e1ea3","block_type":"box","text":"The value of bonds and fixed income-related securities is affected by influential factors such as interest rates, inflation, credit spreads and volati","page_number":2,"box":{"x":38,"y":659,"width":721,"height":8}},{"id":"017b3793-ea42-4d90-857d-ea2dbd501b9b","block_type":"box","text":"lity which, in turn, are driven by other","page_number":2,"box":{"x":761,"y":659,"width":184,"height":8}},{"id":"a5eb1d78-4f70-4efd-a0ea-bce271661cc5","block_type":"box","text":"factors including political, economic news, company earnings and significant corporate events. Currency hedging may not completely eliminate currency","page_number":2,"box":{"x":38,"y":669,"width":758,"height":8}},{"id":"067d18aa-32d0-4a83-8361-fae92ef2287f","block_type":"box","text":"risk in the Fund, and may","page_number":2,"box":{"x":800,"y":669,"width":124,"height":8}},{"id":"8b660784-b136-4d39-a9a6-a206a270e563","block_type":"box","text":"affect the performance of the Fund.","page_number":2,"box":{"x":39,"y":679,"width":181,"height":8}},{"id":"2ddbecb8-b80b-4268-910c-a538bb475c7d","block_type":"box","text":"Counterparty risk. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or oth","page_number":2,"box":{"x":39,"y":693,"width":734,"height":8}},{"id":"a02a1ecf-f869-4b35-abac-3ef0f6596ffa","block_type":"box","text":"er instruments, may expose the Fund","page_number":2,"box":{"x":774,"y":693,"width":184,"height":8}},{"id":"04bea0a6-cbd7-4b1a-8b2b-a796915b96c8","block_type":"box","text":"to financial loss.","page_number":2,"box":{"x":38,"y":703,"width":80,"height":6}},{"id":"d45338c7-e7f7-4e08-a02c-e546818fc57b","block_type":"box","text":"Liquidity risk. Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.","page_number":2,"box":{"x":39,"y":717,"width":627,"height":8}},{"id":"56199953-8102-4490-b883-cf0e1543d381","block_type":"box","text":"Index tracking risk. The Fund is not expected to track the performance of the Index at all times with perfect accuracy. The Fund is, however, expected","page_number":2,"box":{"x":39,"y":731,"width":743,"height":8}},{"id":"5ab7d1bd-5404-447f-b757-305cab32dba1","block_type":"box","text":"to provide investment results that,","page_number":2,"box":{"x":786,"y":731,"width":172,"height":8}},{"id":"926aed78-02c1-4163-8ef8-99fd50d9c0c0","block_type":"box","text":"before expenses, generally correspond to the price and yield performance of the Index.","page_number":2,"box":{"x":39,"y":741,"width":429,"height":8}},{"id":"655f8930-f08f-4229-97a8-3ff4e08f9cf2","block_type":"box","text":"Index sampling risk. As the Fund uses an index sampling technique whereby a representative sample of securities are selected to represent the Index, t","page_number":2,"box":{"x":39,"y":755,"width":749,"height":8}},{"id":"70c46e8c-cbac-4b02-8ec6-1ea4d76daf30","block_type":"box","text":"here is the risk that the securities","page_number":2,"box":{"x":789,"y":755,"width":165,"height":6}},{"id":"6d24c6aa-8209-4c15-b0d7-f8470910450e","block_type":"box","text":"selected for the Fund may not, in the aggregate, approximate the full Index.","page_number":2,"box":{"x":39,"y":765,"width":378,"height":8}},{"id":"a909bfc6-544c-4f4a-aa60-722c7b1fec96","block_type":"box","text":"Accuracy risk. There is no assurance that the Index provider will compile the Index accurately or that the Index will be determinded, composed or calc","page_number":2,"box":{"x":38,"y":779,"width":740,"height":8}},{"id":"e3e1efcf-ca2d-4f3c-9c38-78c40773be53","block_type":"box","text":"ulated correctly.","page_number":2,"box":{"x":779,"y":779,"width":80,"height":8}},{"id":"7135b53e-639f-4394-a39e-c0f7b166e811","block_type":"box","text":"Screening risk. A Fund may track an index which screens out possible investments if they do not meet certain screening criteria. This may affect the F","page_number":2,"box":{"x":39,"y":793,"width":744,"height":8}},{"id":"696ac417-46d4-4bfd-a860-3e1fb02e61ca","block_type":"box","text":"und’s exposure to certain issuers","page_number":2,"box":{"x":784,"y":793,"width":162,"height":8}},{"id":"9db290eb-c8bb-4a44-86b1-2716306cab14","block_type":"box","text":"and cause the Fund to forego certain investment opportunities. The relevant Fund may perform differently to other funds, including underperforming fun","page_number":2,"box":{"x":39,"y":803,"width":764,"height":8}},{"id":"26d30f99-000c-4c69-b55e-c6192728304b","block_type":"box","text":"ds that do not seek to screen","page_number":2,"box":{"x":805,"y":803,"width":143,"height":6}},{"id":"189c1e72-d06a-4805-b1a8-1e8285bcc895","block_type":"box","text":"investments in this way.","page_number":2,"box":{"x":39,"y":813,"width":119,"height":7}},{"id":"2f65c5c8-c030-46ab-8b58-690dea655ff4","block_type":"box","text":"Unscheduled rebalancing risk. Apart from scheduled rebalances, the index provider may carry out additional ad hoc rebalances to the Benchmark Index in","page_number":2,"box":{"x":39,"y":827,"width":762,"height":8}},{"id":"7bf30c58-c3c9-48a0-befe-9d63aed46662","block_type":"box","text":"order for example, to correct","page_number":2,"box":{"x":805,"y":827,"width":143,"height":7}},{"id":"4ba53204-31bd-45a8-900e-70d42a30d4e2","block_type":"box","text":"an error in the selection of index constituents.","page_number":2,"box":{"x":39,"y":837,"width":227,"height":6}},{"id":"749fe84e-21a0-44cc-923c-f6b99384fade","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":852,"width":772,"height":8}},{"id":"a932fa8f-f2e1-46f3-b854-d19a97c814f4","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":853,"width":22,"height":6}},{"id":"49f9fe86-9fc3-4bf5-8277-001f7b6dffd9","block_type":"box","text":"Vanguard ESG EUR Corporate Bond UCITS ETF","page_number":3,"box":{"x":38,"y":11,"width":645,"height":19}},{"id":"44444ccf-4480-4698-ad95-c57f8f6a772b","block_type":"box","text":"(GBP) Accumulating Hedged","page_number":3,"box":{"x":39,"y":35,"width":244,"height":13}},{"id":"c68765a3-df90-4a29-a54b-08ee676d8b36","block_type":"box","text":"- An exchange-traded fund","page_number":3,"box":{"x":291,"y":35,"width":228,"height":13}},{"id":"0eedc541-7907-4fe0-940b-2138c082e121","block_type":"box","text":"Data as at 30 September 2026 unless otherwise stated.","page_number":3,"box":{"x":39,"y":51,"width":318,"height":8}},{"id":"16f5b094-bb85-4bb4-9f5a-6c0ee4b13cd5","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":235,"width":99,"height":6}},{"id":"23bb69d4-2fc8-47d0-b6d8-484d858a9d24","block_type":"box","text":"United States","page_number":3,"box":{"x":163,"y":257,"width":58,"height":5}},{"id":"9651aede-a1ea-41a9-9f91-7511a71ec15d","block_type":"box","text":"25.9","page_number":3,"box":{"x":434,"y":257,"width":18,"height":5}},{"id":"63018840-b73d-466a-aa67-551fcce55326","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":257,"width":8,"height":5}},{"id":"927b0196-efe0-4b74-a117-798ae9983c39","block_type":"box","text":"France","page_number":3,"box":{"x":163,"y":268,"width":28,"height":5}},{"id":"a27fad20-5337-48a3-9f35-c69d4efe68cd","block_type":"box","text":"18.1","page_number":3,"box":{"x":434,"y":268,"width":18,"height":5}},{"id":"536e26ff-8cb1-489a-b565-8df70a27b566","block_type":"box","text":"Germany","page_number":3,"box":{"x":162,"y":279,"width":39,"height":6}},{"id":"48319929-9614-4180-8315-a8969d6f4cc3","block_type":"box","text":"11.5","page_number":3,"box":{"x":434,"y":279,"width":18,"height":5}},{"id":"07f5d139-413c-468b-b0dc-fc3fbba650d4","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":163,"y":290,"width":68,"height":6}},{"id":"d33e4c67-758f-4b02-be9d-dd741033d701","block_type":"box","text":"8.3","page_number":3,"box":{"x":439,"y":290,"width":13,"height":5}},{"id":"49c31204-a48a-41e1-a14e-4f8cd672ca33","block_type":"box","text":"Spain","page_number":3,"box":{"x":162,"y":301,"width":24,"height":6}},{"id":"8bcf800d-9816-4212-8b1b-bde8d71b7f67","block_type":"box","text":"5.8","page_number":3,"box":{"x":440,"y":301,"width":12,"height":5}},{"id":"09e8e3b0-1799-4109-a16d-e8beca70331d","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":343,"width":55,"height":5}},{"id":"35cded29-2ea0-42ab-8297-dd65e0a2da0f","block_type":"box","text":"0.2","page_number":3,"box":{"x":441,"y":343,"width":12,"height":5}},{"id":"d936e0ac-e3ee-426b-afcd-4b6afe17619d","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":343,"width":8,"height":5}},{"id":"882f77dc-6bda-4adf-8bc5-f532388cdc29","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":354,"width":44,"height":5}},{"id":"a2da4279-5f05-4dfe-a3f4-f99d4a2739e7","block_type":"box","text":"50.4","page_number":3,"box":{"x":435,"y":354,"width":18,"height":5}},{"id":"b5d1bae2-66e0-49a1-b63d-40d81d8537e7","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":365,"width":51,"height":5}},{"id":"52138e6f-f0f5-4736-a511-192d8412f641","block_type":"box","text":"38.1","page_number":3,"box":{"x":435,"y":365,"width":18,"height":5}},{"id":"015b7ff5-fbcc-4319-b47b-e87a1a3aae9d","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":376,"width":56,"height":5}},{"id":"5ba276f3-9586-4e59-9574-3db48821b4a7","block_type":"box","text":"6.5","page_number":3,"box":{"x":441,"y":376,"width":12,"height":5}},{"id":"6b165205-6197-4128-aba3-5451da78ec25","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":387,"width":56,"height":5}},{"id":"f07ef0fb-c318-41bf-a2b3-f750121678c5","block_type":"box","text":"1.9","page_number":3,"box":{"x":441,"y":387,"width":12,"height":5}},{"id":"2f6840d0-ca70-4ed3-80e6-7aec9c646af7","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":343,"width":56,"height":5}},{"id":"cd8123f7-76a2-45a4-927e-972fca1d2e13","block_type":"box","text":"0.5","page_number":3,"box":{"x":786,"y":343,"width":13,"height":5}},{"id":"c049df18-7ce5-4121-b8af-e1c997bc5d48","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":343,"width":8,"height":5}},{"id":"08d4848b-9f10-4473-a4ac-caa74ac742d0","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":354,"width":60,"height":5}},{"id":"e4f094c1-ca43-4c31-a8b8-b422d91c4dbb","block_type":"box","text":"2.4","page_number":3,"box":{"x":786,"y":354,"width":13,"height":5}},{"id":"6258ecfe-2087-40ce-b95d-5a683a681691","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":322,"width":240,"height":8}},{"id":"5c984f19-a258-4f28-b1c7-b17bbb3eb2c3","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":410,"width":229,"height":8}},{"id":"e873759d-e09a-43f1-8c06-a89db537e24e","block_type":"box","text":"AAA","page_number":3,"box":{"x":163,"y":432,"width":19,"height":5}},{"id":"14c85201-2452-45f8-874b-0c092e1cb333","block_type":"box","text":"0.5","page_number":3,"box":{"x":441,"y":432,"width":12,"height":5}},{"id":"4b0418f1-fb1e-4a60-ac2d-a4b00159fefa","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":432,"width":8,"height":5}},{"id":"2e91af19-157a-4823-a2a7-078462adc20b","block_type":"box","text":"AA","page_number":3,"box":{"x":163,"y":443,"width":12,"height":5}},{"id":"ba70ca7c-b359-4aaf-a922-249827edbb2d","block_type":"box","text":"9.3","page_number":3,"box":{"x":441,"y":443,"width":12,"height":5}},{"id":"11dfffb7-d65c-415e-ac3d-a9cb328d27d5","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":454,"width":6,"height":5}},{"id":"90dc19bc-0942-4544-bed5-e83fdbd6b5da","block_type":"box","text":"45.1","page_number":3,"box":{"x":435,"y":454,"width":18,"height":5}},{"id":"6717ef83-919f-4823-b11d-2028aa6aafd3","block_type":"box","text":"BBB","page_number":3,"box":{"x":164,"y":465,"width":17,"height":5}},{"id":"f20eae23-53da-47e4-a573-c7b92c811279","block_type":"box","text":"45.0","page_number":3,"box":{"x":435,"y":465,"width":18,"height":5}},{"id":"3d5a74af-7498-423d-8b79-938aea9cbf0c","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":164,"y":476,"width":43,"height":5}},{"id":"4bce787b-3a5a-4e3f-9adc-673c32c122c3","block_type":"box","text":"0.2","page_number":3,"box":{"x":441,"y":476,"width":12,"height":5}},{"id":"5e5aea1f-004b-40d3-8b13-d50433dc2f6a","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":96,"width":87,"height":6}},{"id":"e56effad-528b-4fc8-9c3d-abcb85fb98bb","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":97,"width":20,"height":6}},{"id":"b157f47c-3e86-4000-aebf-0a7763dbad16","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":97,"width":47,"height":6}},{"id":"c452e98d-feec-4c2a-9044-17bc5e12e232","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":108,"width":73,"height":5}},{"id":"446a7f31-694a-4159-8d43-2af8d4725e47","block_type":"box","text":"1,161","page_number":3,"box":{"x":607,"y":108,"width":23,"height":6}},{"id":"bf68fc01-2e2c-44ae-929f-aee02b7b7b32","block_type":"box","text":"3,070","page_number":3,"box":{"x":788,"y":108,"width":23,"height":6}},{"id":"57554e54-6782-45fb-b626-d4adb336091e","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":119,"width":60,"height":6}},{"id":"5b681ace-ef24-4f04-a6db-5964b5ca31e6","block_type":"box","text":"4.26%","page_number":3,"box":{"x":603,"y":120,"width":27,"height":5}},{"id":"9a0ad689-9a3f-4773-ac6a-27f34f553a82","block_type":"box","text":"4.26%","page_number":3,"box":{"x":784,"y":120,"width":27,"height":5}},{"id":"6ad22a3f-bc10-4e94-81f4-2f30e79ee0f7","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":131,"width":69,"height":7}},{"id":"c21d7828-04c8-42f7-a7b1-693662d59e7a","block_type":"box","text":"3.2%","page_number":3,"box":{"x":609,"y":131,"width":21,"height":5}},{"id":"5dd7d6c6-e802-466f-9c39-357e20ab83fd","block_type":"box","text":"3.1%","page_number":3,"box":{"x":790,"y":131,"width":21,"height":5}},{"id":"7991c4af-5f3f-4d9d-b14c-463f6270a6a3","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":143,"width":76,"height":6}},{"id":"3a382e10-3c32-46e5-95d2-aed0323cb936","block_type":"box","text":"5.2 years","page_number":3,"box":{"x":592,"y":143,"width":38,"height":6}},{"id":"a49254c2-8a63-4cd2-a91a-328c2e00116b","block_type":"box","text":"5.2 years","page_number":3,"box":{"x":773,"y":143,"width":39,"height":6}},{"id":"be0b7469-5358-4a64-a9e9-0fca0378321b","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":154,"width":67,"height":7}},{"id":"ce9e11da-2b3e-4cce-87a8-6626c69d9ae3","block_type":"box","text":"A-","page_number":3,"box":{"x":621,"y":154,"width":9,"height":5}},{"id":"0327595b-31c0-4e79-802b-2b025d99aa42","block_type":"box","text":"A-","page_number":3,"box":{"x":802,"y":154,"width":10,"height":5}},{"id":"38ea8e23-bedf-4da1-9753-209bc3f1ead1","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":166,"width":74,"height":6}},{"id":"7cd7e809-d6d6-4694-893e-b3851894003b","block_type":"box","text":"4.4 years","page_number":3,"box":{"x":592,"y":166,"width":38,"height":6}},{"id":"38f12468-bd42-49af-b5ab-d52c9c25a4f1","block_type":"box","text":"4.4 years","page_number":3,"box":{"x":773,"y":166,"width":39,"height":6}},{"id":"798bfe3f-a765-47a4-a346-8d1a2a638806","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":177,"width":75,"height":5}},{"id":"a4a9cc83-dde3-4869-9ce2-6c20c8e430ca","block_type":"box","text":"0.2%","page_number":3,"box":{"x":609,"y":177,"width":21,"height":5}},{"id":"3963382c-b73f-4516-8dfe-f67de8be429a","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":180,"width":7,"height":1}},{"id":"ec14b277-ba0a-45e5-a13b-b52f7f4f8c40","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":189,"width":58,"height":5}},{"id":"6ee7cc66-e228-4461-b8a1-f036f214a7e1","block_type":"box","text":"2%","page_number":3,"box":{"x":617,"y":189,"width":13,"height":5}},{"id":"df319ef9-7f37-4ab5-ac83-4fac1e0094be","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":192,"width":7,"height":0}},{"id":"eb0c878c-26c2-416f-b8b1-21a5427d1a0a","block_type":"box","text":"The PTR (Portfolio Turnover Rate) approach considers the total security purchases and sales, the total subscriptions and redemptions and the average","page_number":3,"box":{"x":38,"y":202,"width":644,"height":6}},{"id":"5dac9533-edd8-4e89-9894-16209e76a60e","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":202,"width":105,"height":5}},{"id":"c5a8a739-0018-4448-8276-93faf47531d1","block_type":"box","text":"calculate the turnover figure. Yield to Worst is based on the local currencies of the underlying holdings. As such, the actual yield received in the s","page_number":3,"box":{"x":39,"y":211,"width":613,"height":6}},{"id":"5cf5a52b-cc6e-42a8-8f01-232a49f94906","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":211,"width":168,"height":6}},{"id":"06c650e3-fa5e-4e26-b67d-192e3031ed1f","block_type":"box","text":"yield to maturity stated. Data as at 30 September 2026.","page_number":3,"box":{"x":38,"y":220,"width":243,"height":6}},{"id":"816a8607-0b48-4bae-ace2-1c37c3bfae7b","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":3,"box":{"x":38,"y":985,"width":658,"height":8}},{"id":"3bef003c-fee4-4717-8c71-8159eb48166b","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":512,"y":257,"width":51,"height":5}},{"id":"c28dcde1-8628-4dd8-8161-1479fe610965","block_type":"box","text":"5.6","page_number":3,"box":{"x":786,"y":257,"width":13,"height":5}},{"id":"c79d8d3a-53ec-4e77-8834-498de7857d6d","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":257,"width":8,"height":5}},{"id":"ee2db877-0165-4855-8bed-6a1491973ae0","block_type":"box","text":"Italy","page_number":3,"box":{"x":512,"y":268,"width":18,"height":6}},{"id":"838e15b6-d447-49f4-b3df-a9554cdd0f83","block_type":"box","text":"3.2","page_number":3,"box":{"x":786,"y":268,"width":12,"height":5}},{"id":"557ce1f2-337f-4010-b252-f3c5212fc00d","block_type":"box","text":"Sweden","page_number":3,"box":{"x":511,"y":279,"width":34,"height":5}},{"id":"8ca17aa6-592d-4aa9-b965-797ba1e62586","block_type":"box","text":"3.1","page_number":3,"box":{"x":786,"y":279,"width":13,"height":5}},{"id":"f4925339-2a14-43d2-9c8a-52109c3778d8","block_type":"box","text":"Denmark","page_number":3,"box":{"x":512,"y":290,"width":38,"height":5}},{"id":"a78a0426-c40c-4923-9d2b-144cc193d6bb","block_type":"box","text":"2.6","page_number":3,"box":{"x":786,"y":290,"width":13,"height":5}},{"id":"d74a6838-33d5-4fad-bafb-f8bdefef455e","block_type":"box","text":"Switzerland","page_number":3,"box":{"x":511,"y":301,"width":51,"height":5}},{"id":"80cb40dc-f923-4f8e-942f-906282002724","block_type":"box","text":"2.5","page_number":3,"box":{"x":786,"y":301,"width":13,"height":5}},{"id":"b68a3838-b4b2-4627-add5-23b5156af9b5","block_type":"box","text":"Glossary for ETF attributes","page_number":3,"box":{"x":39,"y":675,"width":154,"height":8}},{"id":"1a315c48-d62d-44bf-8e21-d63189a66f94","block_type":"box","text":"The ETF attributes section on the first page contains a number of metrics that professional investors use to value individual securities against a mar","page_number":3,"box":{"x":38,"y":690,"width":740,"height":8}},{"id":"f6eda971-8637-45c1-be68-93d91c8a5ac4","block_type":"box","text":"ket or index average. These","page_number":3,"box":{"x":779,"y":690,"width":135,"height":8}},{"id":"863257e6-91ab-4f28-aced-505dce51cced","block_type":"box","text":"metrics can also be used to value and compare funds to the market by taking the average of all the securities held in the fund and comparing them to t","page_number":3,"box":{"x":39,"y":700,"width":753,"height":7}},{"id":"d812a8c9-eb00-4843-8163-0aee71ea1f3c","block_type":"box","text":"hose of the fund’s benchmark","page_number":3,"box":{"x":793,"y":700,"width":148,"height":6}},{"id":"6c1ea844-4b2b-4764-9e8f-b8b9dd60b8af","block_type":"box","text":"index. We’ve provided a definition of the terms used for your convenience.","page_number":3,"box":{"x":39,"y":709,"width":367,"height":8}},{"id":"12806bdc-87d7-4788-ab55-81c0d5dc5e5c","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":723,"width":82,"height":7}},{"id":"bc7ee9ed-4399-43d6-83fb-5dfbcafcd14d","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":723,"width":612,"height":7}},{"id":"d02507e2-354f-4ab9-bc45-56d940d8465d","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":736,"width":91,"height":8}},{"id":"ac931a06-b756-4287-9028-663692d402c2","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":736,"width":719,"height":8}},{"id":"9e89e597-e31a-4be3-bcf3-2e62ab0bbd62","block_type":"box","text":"hat the issuer may","page_number":3,"box":{"x":852,"y":736,"width":92,"height":8}},{"id":"1dcdcc7e-00bd-4b24-a6ed-f42afed63526","block_type":"box","text":"call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures c","page_number":3,"box":{"x":39,"y":746,"width":724,"height":7}},{"id":"5d109011-1541-4dcf-a5dc-c50cdce74c4c","block_type":"box","text":"ontracts held. In general, the longer","page_number":3,"box":{"x":764,"y":746,"width":177,"height":7}},{"id":"5ac56116-f035-43e0-86c8-5ab2913c78f9","block_type":"box","text":"the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.","page_number":3,"box":{"x":38,"y":755,"width":614,"height":8}},{"id":"d8fc40c4-9b52-46d7-a1e2-d7efbff26406","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":769,"width":81,"height":8}},{"id":"283270cd-7594-4aaf-83d2-ba5c4d932cb4","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":769,"width":694,"height":8}},{"id":"f8f35fe3-33f8-4c2b-9ee4-fcf023e879f5","block_type":"box","text":"e agencies make their","page_number":3,"box":{"x":818,"y":769,"width":108,"height":8}},{"id":"01d36058-0c42-4f11-a793-514ed5d47ba0","block_type":"box","text":"judgment after appraising an issuer’s ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most creditwort","page_number":3,"box":{"x":38,"y":778,"width":723,"height":8}},{"id":"c81e5e3d-62c1-4f77-9b5e-3103f6350469","block_type":"box","text":"hy bond issuers.","page_number":3,"box":{"x":762,"y":778,"width":77,"height":8}},{"id":"62906000-c952-44d3-acdb-e29fd84c39e7","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":792,"width":88,"height":8}},{"id":"e59d45a9-7346-44a7-ad74-d15761f5f8f6","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":792,"width":735,"height":8}},{"id":"558ec3ba-5451-4a52-9719-190b3a0be30e","block_type":"box","text":"change,","page_number":3,"box":{"x":869,"y":792,"width":37,"height":8}},{"id":"f901ce8b-bb79-467a-a9b7-9878da5373b6","block_type":"box","text":"multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average d","page_number":3,"box":{"x":39,"y":801,"width":731,"height":8}},{"id":"c6364067-8788-46fa-a1ae-28a0629c4135","block_type":"box","text":"uration of five years would decline","page_number":3,"box":{"x":772,"y":801,"width":169,"height":8}},{"id":"5a804a11-3246-4025-8f48-402ccf840565","block_type":"box","text":"by about 5%. If rates decrease by a percentage point, the value would rise by 5%.","page_number":3,"box":{"x":39,"y":811,"width":404,"height":7}},{"id":"36532207-e026-427b-a266-a87c0d52b7d6","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":824,"width":72,"height":7}},{"id":"f82f7f83-6368-4628-a376-d340ebbfe6a5","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":824,"width":566,"height":8}},{"id":"1b751197-bf60-442a-a579-84623f3a0001","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":525,"width":186,"height":8}},{"id":"44afbf1b-045a-487f-9f57-600642ccee0c","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":162,"y":548,"width":140,"height":7}},{"id":"9757eac2-325b-4615-a04f-e9fc93a7bd14","block_type":"box","text":"51.2","page_number":3,"box":{"x":434,"y":548,"width":18,"height":5}},{"id":"6db2a7fc-98e8-4c8f-aa8a-09a7dc6959aa","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":548,"width":8,"height":5}},{"id":"2ea8dd9f-a98f-4a28-af34-5473b9e1e126","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":162,"y":560,"width":97,"height":7}},{"id":"7d1b6261-5f96-4410-a9e3-b9d073651b36","block_type":"box","text":"46.1","page_number":3,"box":{"x":434,"y":560,"width":18,"height":5}},{"id":"12701fab-0800-411d-a115-2498c92a9ce5","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":162,"y":572,"width":84,"height":7}},{"id":"54a9e1bc-cd22-4b35-a367-d917152a2cc2","block_type":"box","text":"2.5","page_number":3,"box":{"x":440,"y":572,"width":12,"height":5}},{"id":"05a8e47e-f715-4c94-b3ba-d34d47908ff8","block_type":"box","text":"Cash*","page_number":3,"box":{"x":162,"y":584,"width":25,"height":5}},{"id":"ac731068-61f1-4ea0-8b5c-a60fc8580ac4","block_type":"box","text":"0.2","page_number":3,"box":{"x":439,"y":584,"width":13,"height":5}},{"id":"4d4f8f05-aef8-4dc7-8127-50572211d4a7","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":650,"width":90,"height":8}},{"id":"16be8660-98b5-48be-b701-34e270568ec4","block_type":"box","text":"Credit-quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Service, Fitch Ratings and Standard","page_number":3,"box":{"x":36,"y":491,"width":739,"height":8}},{"id":"320dfdc5-36bc-45e7-b504-cfe328c27c0d","block_type":"box","text":"& Poor’s. When ratings from all","page_number":3,"box":{"x":779,"y":491,"width":155,"height":8}},{"id":"fbdb3bfe-970d-4ef2-9706-1076d73c981c","block_type":"box","text":"three agencies are available, the median rating is used. When ratings are available from two of the agencies, the lower rating is used. When one ratin","page_number":3,"box":{"x":35,"y":502,"width":745,"height":8}},{"id":"e8e245b7-7cb2-4fcc-b2fc-834f638badbd","block_type":"box","text":"g is available, that rating is used.","page_number":3,"box":{"x":781,"y":502,"width":163,"height":8}},{"id":"83e14f5f-edcf-40b2-a0aa-a0c6d14d0ec6","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":612,"width":748,"height":8}},{"id":"4a6af96e-699a-40d7-b127-f9b860d02ed1","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":612,"width":114,"height":8}},{"id":"15be5316-4086-44d2-b31d-156416c4aec2","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":623,"width":781,"height":7}},{"id":"2a34a044-8d74-4a67-8ebe-f84ffaa82f6a","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":623,"width":66,"height":6}},{"id":"51193bc2-2e19-46d1-860b-27b315ed5846","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":633,"width":734,"height":8}},{"id":"777e35b3-84f9-4810-a56d-1f93959cdcbb","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":634,"width":33,"height":5}},{"id":"0a95aa15-b03a-4729-97b6-74324852cfd9","block_type":"box","text":"Benchmark:","page_number":4,"box":{"x":39,"y":123,"width":65,"height":6}},{"id":"f0c4edbe-4e32-4fee-84a0-f90263a29052","block_type":"box","text":"Bloomberg MSCI EUR Corporate Liquid Bond Screened Index hedged in GBP","page_number":4,"box":{"x":108,"y":123,"width":434,"height":8}},{"id":"388279f5-da4a-43f4-b73e-14a707b4b57b","block_type":"box","text":"Parent benchmark","page_number":4,"box":{"x":39,"y":136,"width":103,"height":6}},{"id":"6fab8fc2-99bf-493b-8f48-47c8875ece4f","block_type":"box","text":"1","page_number":4,"box":{"x":145,"y":135,"width":2,"height":4}},{"id":"7cb6fd44-9b43-448d-909f-9c120adca02e","block_type":"box","text":":","page_number":4,"box":{"x":148,"y":138,"width":2,"height":4}},{"id":"c50da03f-fa77-4acb-9635-c7947396506b","block_type":"box","text":"Euro Corporate","page_number":4,"box":{"x":155,"y":136,"width":88,"height":8}},{"id":"5be37a0c-5f06-4fa2-a7d0-a0cee7b189a8","block_type":"box","text":"Data presented on this page are at the fund level.","page_number":4,"box":{"x":39,"y":98,"width":276,"height":8}},{"id":"38c094de-0389-4b18-93cc-32687f5f932b","block_type":"box","text":"As at 30 September 2026","page_number":4,"box":{"x":39,"y":84,"width":146,"height":7}},{"id":"4233caa2-ae66-4d26-a1d0-7f8ee9f2837c","block_type":"box","text":"Vanguard ESG EUR Corporate Bond UCITS ETF","page_number":4,"box":{"x":38,"y":13,"width":645,"height":19}},{"id":"0f12c38a-e93e-4ad1-9ac3-826cca4d37be","block_type":"box","text":"(GBP) Accumulating Hedged","page_number":4,"box":{"x":39,"y":37,"width":244,"height":13}},{"id":"26f53721-add1-4698-8ff2-800ae2d18116","block_type":"box","text":"- An exchange-traded fund","page_number":4,"box":{"x":291,"y":37,"width":228,"height":13}},{"id":"d111a13e-74f6-499c-af88-0c42c45ebd32","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":4,"box":{"x":39,"y":983,"width":658,"height":8}},{"id":"f82304d1-e6da-42ab-83c8-1b6813a90c79","block_type":"box","text":"Climate metrics","page_number":4,"box":{"x":39,"y":167,"width":102,"height":7}},{"id":"3ee6c357-dbc8-460e-a0ef-a22548993269","block_type":"box","text":"The metrics provided in this section are for informational purposes only and should not be considered in isolation, but rather alongside other informa","page_number":4,"box":{"x":38,"y":192,"width":845,"height":7}},{"id":"f4db9454-5a38-4cec-8341-d598c4c91629","block_type":"box","text":"tion about the","page_number":4,"box":{"x":884,"y":192,"width":81,"height":6}},{"id":"576e9ec2-fa02-4fd6-8fd9-1e10a47fe6ad","block_type":"box","text":"fund. The information may be useful to assist investors to evaluate the fund’s climate risks and opportunities but is not an indication of whether","page_number":4,"box":{"x":39,"y":202,"width":820,"height":8}},{"id":"cd3278e6-037b-4ef6-9475-435112443ca9","block_type":"box","text":"or how the fund","page_number":4,"box":{"x":863,"y":202,"width":90,"height":6}},{"id":"c72ed971-abe7-410a-abe6-aa94aeea9d63","block_type":"box","text":"takes climate considerations into account. Unless otherwise stated in the fund’s prospectus, the metrics are not considered as part of the fund’","page_number":4,"box":{"x":39,"y":213,"width":815,"height":7}},{"id":"321e968b-2565-4d1f-8971-fbdad9344824","block_type":"box","text":"s investment","page_number":4,"box":{"x":855,"y":213,"width":72,"height":6}},{"id":"ec94590c-9071-48ef-9e8a-ab1596393e9e","block_type":"box","text":"objective, principal investment strategies, or in Vanguard's internal investment decision processes. For more information regarding the fund’s inve","page_number":4,"box":{"x":39,"y":223,"width":831,"height":8}},{"id":"0e712483-938b-483f-bf23-0eddc4d74edd","block_type":"box","text":"stment","page_number":4,"box":{"x":871,"y":224,"width":41,"height":5}},{"id":"c034a07b-b630-41dd-a9c7-10de36ded73f","block_type":"box","text":"objective and strategy, please refer to the fund’s prospectus.","page_number":4,"box":{"x":39,"y":234,"width":345,"height":8}},{"id":"360abcb2-5256-4718-8980-3f41d37c897f","block_type":"box","text":"Metric","page_number":4,"box":{"x":39,"y":276,"width":32,"height":6}},{"id":"0e18b8aa-7561-4122-a266-ba00d2adf367","block_type":"box","text":"Definition","page_number":4,"box":{"x":173,"y":276,"width":49,"height":6}},{"id":"eb02e5e2-1fd8-4768-82d2-269982c54e16","block_type":"box","text":"2","page_number":4,"box":{"x":223,"y":275,"width":3,"height":4}},{"id":"26698f13-c683-4537-8251-c545462b651f","block_type":"box","text":"Purpose","page_number":4,"box":{"x":324,"y":276,"width":41,"height":7}},{"id":"8a42c54b-7a10-4938-8e7d-ead9b99c354d","block_type":"box","text":"Fund","page_number":4,"box":{"x":642,"y":276,"width":24,"height":6}},{"id":"430923b4-c118-45c2-8497-f0612c62ea10","block_type":"box","text":"Fund coverage","page_number":4,"box":{"x":690,"y":276,"width":73,"height":7}},{"id":"c3d82add-560c-41cc-aeef-403ae2409a55","block_type":"box","text":"3","page_number":4,"box":{"x":763,"y":275,"width":4,"height":4}},{"id":"ee515036-feb1-403b-ade4-00f53cdc5a03","block_type":"box","text":"Parent benchmark","page_number":4,"box":{"x":781,"y":276,"width":93,"height":6}},{"id":"86c862fc-e111-4966-9ec1-cac67642928c","block_type":"box","text":"Parent","page_number":4,"box":{"x":934,"y":255,"width":35,"height":6}},{"id":"aaa31c3d-24aa-419d-9a30-6b753ab0ad32","block_type":"box","text":"benchmark","page_number":4,"box":{"x":913,"y":265,"width":55,"height":6}},{"id":"901642b4-6701-420b-a2fb-bbe1e7a071b9","block_type":"box","text":"coverage","page_number":4,"box":{"x":923,"y":278,"width":45,"height":5}},{"id":"1ef2e936-a301-43d5-9aef-c4e9f4548e6c","block_type":"box","text":"Fund scope 1 emissions","page_number":4,"box":{"x":39,"y":291,"width":116,"height":8}},{"id":"2b03bf90-7256-4bfa-9599-0e9804ded3e4","block_type":"box","text":"(tCO2e)","page_number":4,"box":{"x":39,"y":302,"width":40,"height":7}},{"id":"0973ff4d-18cb-4ea5-bbcc-cca65fccfeb9","block_type":"box","text":"Direct greenhouse gas","page_number":4,"box":{"x":173,"y":291,"width":110,"height":8}},{"id":"80781a79-e004-4fc0-a1cf-116337ed6365","block_type":"box","text":"(GHG) emissions associated","page_number":4,"box":{"x":173,"y":302,"width":139,"height":7}},{"id":"903e376c-6917-452a-99c7-1bf75ff09699","block_type":"box","text":"with a fund's investments.","page_number":4,"box":{"x":172,"y":312,"width":133,"height":6}},{"id":"3838248d-244a-41e4-956b-4c95ca5ebc7a","block_type":"box","text":"To understand the GHG emissions that occur from","page_number":4,"box":{"x":324,"y":291,"width":251,"height":6}},{"id":"1bd28355-23f0-4371-a7ec-d30228042d44","block_type":"box","text":"sources owned or controlled by the fund’s","page_number":4,"box":{"x":324,"y":302,"width":207,"height":7}},{"id":"0bb0a2ad-a838-4e0e-b3a7-cec180af411e","block_type":"box","text":"portfolio companies (e.g., emissions from","page_number":4,"box":{"x":324,"y":312,"width":205,"height":7}},{"id":"491e10b5-e2e7-4877-a2cd-3aeaa4e4c7b2","block_type":"box","text":"combustion in owned or controlled boilers,","page_number":4,"box":{"x":324,"y":322,"width":209,"height":7}},{"id":"409ef8b6-3171-4b6d-b61d-adfc0f45a29e","block_type":"box","text":"furnaces, vehicles etc.).","page_number":4,"box":{"x":324,"y":332,"width":115,"height":8}},{"id":"89b660ea-2d5e-417f-bb27-cfd97be4820d","block_type":"box","text":"2,021","page_number":4,"box":{"x":635,"y":291,"width":28,"height":7}},{"id":"8e2d3d39-9f1c-494d-ac36-a00928462e43","block_type":"box","text":"94","page_number":4,"box":{"x":741,"y":291,"width":12,"height":6}},{"id":"c5477c0a-3bd0-4f95-87d0-1defde39afc9","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":291,"width":9,"height":6}},{"id":"b7f44360-8c1d-4790-8d29-c7357318bbe1","block_type":"box","text":"—","page_number":4,"box":{"x":862,"y":295,"width":8,"height":0}},{"id":"c30c8993-8b22-442a-8a7f-764f8fc1de96","block_type":"box","text":"—","page_number":4,"box":{"x":957,"y":295,"width":8,"height":0}},{"id":"50ac9f69-e3f6-43b5-bfe3-2d28f8e52b36","block_type":"box","text":"Fund scope 2 emissions","page_number":4,"box":{"x":39,"y":348,"width":116,"height":7}},{"id":"a633902d-bc5a-4ddf-9387-37ee32d57487","block_type":"box","text":"(tCO2e)","page_number":4,"box":{"x":39,"y":358,"width":40,"height":7}},{"id":"342653a8-0737-4ec0-806e-74b43436c576","block_type":"box","text":"Indirect GHG emissions","page_number":4,"box":{"x":173,"y":348,"width":115,"height":6}},{"id":"254ae3ab-15a7-4aff-abd6-379776e00b6d","block_type":"box","text":"associated with the fund's","page_number":4,"box":{"x":172,"y":358,"width":133,"height":6}},{"id":"341874d5-3bb9-4df6-8c20-e6742646817f","block_type":"box","text":"investments.","page_number":4,"box":{"x":173,"y":369,"width":63,"height":5}},{"id":"085f9eaf-362c-41be-998d-d33ba9eb7f81","block_type":"box","text":"To understand the GHG emissions from the","page_number":4,"box":{"x":324,"y":348,"width":217,"height":6}},{"id":"e144f241-1417-4798-ac0f-c5c58160c682","block_type":"box","text":"generation of purchased or acquired electricity,","page_number":4,"box":{"x":324,"y":358,"width":235,"height":8}},{"id":"937d0bb2-80a5-411c-aae1-039d8371a30c","block_type":"box","text":"steam, heating or cooling consumed by the fund’s","page_number":4,"box":{"x":324,"y":368,"width":247,"height":8}},{"id":"9d75e6e4-66db-4ae2-98e1-d0a5d60138bf","block_type":"box","text":"portfolio companies (e.g., emissions that","page_number":4,"box":{"x":324,"y":378,"width":203,"height":8}},{"id":"78430d57-f80e-479f-97c8-fa1b0826cb03","block_type":"box","text":"physically occur at the facility where the","page_number":4,"box":{"x":324,"y":389,"width":200,"height":7}},{"id":"f533969e-b168-47b0-8f2b-fba88f000139","block_type":"box","text":"electricity, steam, heating or cooling is","page_number":4,"box":{"x":324,"y":399,"width":191,"height":8}},{"id":"50b1f3aa-d6b7-477b-a7fb-ee960930bb07","block_type":"box","text":"generated).","page_number":4,"box":{"x":324,"y":409,"width":58,"height":8}},{"id":"dddf013b-4345-4bf4-b84a-91ea7b39d3d6","block_type":"box","text":"845","page_number":4,"box":{"x":644,"y":348,"width":18,"height":6}},{"id":"269a0b3b-a546-42f5-95c7-22c1f7723665","block_type":"box","text":"95","page_number":4,"box":{"x":741,"y":348,"width":12,"height":6}},{"id":"41bb418b-2640-4ce7-94a2-6e0b77b6bd56","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":348,"width":9,"height":6}},{"id":"af112070-994a-499c-9129-06664db3247e","block_type":"box","text":"—","page_number":4,"box":{"x":862,"y":351,"width":8,"height":1}},{"id":"2d91a31c-699e-4840-a157-6e08b4e5819a","block_type":"box","text":"—","page_number":4,"box":{"x":957,"y":351,"width":8,"height":1}},{"id":"6225ed08-10ae-45eb-b0a1-38775bce04f9","block_type":"box","text":"Total carbon footprint","page_number":4,"box":{"x":38,"y":425,"width":112,"height":7}},{"id":"651fc9d6-2324-4397-9a49-82557271baeb","block_type":"box","text":"(tCO2e/$M invested)","page_number":4,"box":{"x":39,"y":434,"width":107,"height":8}},{"id":"59936b73-b1d4-4450-8ec0-13501da9ee46","block_type":"box","text":"Total carbon emissions for a","page_number":4,"box":{"x":172,"y":425,"width":141,"height":6}},{"id":"2cee1c38-0cab-4aa7-a957-e8cbac90281b","block_type":"box","text":"portfolio normalized by the","page_number":4,"box":{"x":173,"y":435,"width":134,"height":8}},{"id":"551717ab-7841-40dc-aa06-67606a6d2099","block_type":"box","text":"market value of the","page_number":4,"box":{"x":173,"y":445,"width":97,"height":6}},{"id":"0ad29170-1e01-4e7e-aaf9-d0b4937175c0","block_type":"box","text":"portfolio.","page_number":4,"box":{"x":173,"y":455,"width":45,"height":8}},{"id":"ad6f8e7e-9611-48e1-af18-37bc5e93444d","block_type":"box","text":"To understand how much carbon emissions the","page_number":4,"box":{"x":324,"y":425,"width":234,"height":6}},{"id":"f53e08eb-9c23-41ff-bcdf-1145e1d10aed","block_type":"box","text":"portfolio is responsible for per USD 1 million","page_number":4,"box":{"x":324,"y":435,"width":218,"height":8}},{"id":"ddb9d10c-8018-4b3a-80c5-cf1a6d1cd244","block_type":"box","text":"invested. This metric allows investors to compare","page_number":4,"box":{"x":324,"y":445,"width":245,"height":8}},{"id":"c4bc58f9-4455-4951-b187-9d4c6df1d4aa","block_type":"box","text":"portfolios of various sizes.","page_number":4,"box":{"x":324,"y":455,"width":129,"height":8}},{"id":"cfeb6ca6-6ebc-40e2-be64-95b804479eca","block_type":"box","text":"19.45","page_number":4,"box":{"x":635,"y":425,"width":27,"height":6}},{"id":"19227100-cc45-4470-93ab-327d5c01fa65","block_type":"box","text":"98","page_number":4,"box":{"x":741,"y":425,"width":12,"height":6}},{"id":"fb1636db-5e93-413d-aba1-dbf8995ba3ea","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":425,"width":9,"height":6}},{"id":"9cc98420-e067-4766-bed1-0df3a33d63fc","block_type":"box","text":"37.89","page_number":4,"box":{"x":842,"y":425,"width":28,"height":6}},{"id":"ff303c56-9eb9-4737-9b17-046c440d6f01","block_type":"box","text":"97","page_number":4,"box":{"x":943,"y":425,"width":11,"height":6}},{"id":"4d8b4888-8db7-41ac-961e-7701632d94da","block_type":"box","text":"%","page_number":4,"box":{"x":956,"y":425,"width":9,"height":6}},{"id":"917aec8c-48e6-4120-80bf-be87ea75effc","block_type":"box","text":"Weighted average","page_number":4,"box":{"x":38,"y":471,"width":92,"height":8}},{"id":"be565a31-a3b9-498d-a2c3-e57c47cc5e46","block_type":"box","text":"carbon intensity","page_number":4,"box":{"x":39,"y":481,"width":80,"height":8}},{"id":"ba693d4c-abfa-49a4-9991-2fcef42e4261","block_type":"box","text":"(tCO2e/$M revenue).","page_number":4,"box":{"x":39,"y":491,"width":107,"height":8}},{"id":"1e4618f7-b372-4f2f-acc8-a444820e79ac","block_type":"box","text":"Portfolio’s exposure to","page_number":4,"box":{"x":173,"y":471,"width":112,"height":7}},{"id":"efebf8d4-0265-4be7-a005-37ef8eaee910","block_type":"box","text":"carbon-intensive","page_number":4,"box":{"x":172,"y":481,"width":83,"height":6}},{"id":"c5baa5e4-07c8-4ca2-9942-2674e69abd4f","block_type":"box","text":"companies.","page_number":4,"box":{"x":172,"y":492,"width":56,"height":7}},{"id":"77754f35-9cce-4002-93ae-b6d500c7608a","block_type":"box","text":"Reflects the carbon intensity of a portfolio across","page_number":4,"box":{"x":325,"y":471,"width":246,"height":7}},{"id":"fc07eae4-4591-4c25-a7ee-38cfa68e3488","block_type":"box","text":"asset classes (e.g., carbon-intensive portfolios","page_number":4,"box":{"x":324,"y":481,"width":229,"height":8}},{"id":"7e9ddca1-5214-47f7-be6a-0f6fd1be7403","block_type":"box","text":"may be more susceptible to climate-related risks,","page_number":4,"box":{"x":324,"y":491,"width":245,"height":8}},{"id":"f4fd1a4e-4487-4a73-82e9-ddaa3339ecf0","block_type":"box","text":"like increased regulations leading to higher costs","page_number":4,"box":{"x":324,"y":502,"width":241,"height":7}},{"id":"05561176-2e63-4b32-ad97-f299c7699639","block_type":"box","text":"either via taxation or operational changes).","page_number":4,"box":{"x":324,"y":512,"width":215,"height":8}},{"id":"73863635-8b24-4d9c-9a58-13a2f1cd8cfb","block_type":"box","text":"48.46","page_number":4,"box":{"x":635,"y":471,"width":28,"height":6}},{"id":"d767c24b-f43c-4338-8150-8135a7f9258b","block_type":"box","text":"100","page_number":4,"box":{"x":735,"y":471,"width":18,"height":6}},{"id":"eda873bf-4ed2-4472-8015-823d69f04b5b","block_type":"box","text":"%","page_number":4,"box":{"x":754,"y":471,"width":9,"height":6}},{"id":"68c04320-0b59-4f25-878f-7b6d82665435","block_type":"box","text":"82.42","page_number":4,"box":{"x":842,"y":471,"width":28,"height":6}},{"id":"1ccbb608-0430-4301-a021-14f89d391d92","block_type":"box","text":"98","page_number":4,"box":{"x":943,"y":471,"width":12,"height":6}},{"id":"4d909896-c291-41d6-aa8d-7506b2478a5e","block_type":"box","text":"%","page_number":4,"box":{"x":956,"y":471,"width":9,"height":6}},{"id":"b42446f3-f692-4cbc-8b65-53f11df95e3e","block_type":"box","text":"Source: Calculated using Vanguard holdings and MSCI Climate Change data as of 30 September 2026. MSCI is an independent data provider","page_number":4,"box":{"x":41,"y":527,"width":706,"height":8}},{"id":"a5dd976d-f91f-4780-89ee-484a8ff1d68d","block_type":"box","text":"4","page_number":4,"box":{"x":749,"y":527,"width":4,"height":3}},{"id":"4b0fd93c-92fc-4270-a831-8bf28fecebed","block_type":"box","text":".","page_number":4,"box":{"x":754,"y":532,"width":1,"height":1}},{"id":"e9e7f101-6474-4e72-b0c2-d5dfec4fd25e","block_type":"box","text":"Benchmark exclusions data is currently not available for this fund.","page_number":4,"box":{"x":39,"y":555,"width":422,"height":9}},{"id":"4fe55e39-6f12-4eac-a601-572d500e22c9","block_type":"box","text":"Vanguard","page_number":5,"box":{"x":37,"y":32,"width":140,"height":20}},{"id":"72bd5f59-fbbd-4c81-9708-e50219a6e35e","block_type":"box","text":"ESG EUR Corporate Bond UCITS ETF","page_number":5,"box":{"x":188,"y":32,"width":531,"height":19}},{"id":"da8f1128-ac76-43ac-a474-c2908825ba4d","block_type":"box","text":"(GBP) Accumulating Hedged","page_number":5,"box":{"x":38,"y":57,"width":244,"height":13}},{"id":"f18b865a-0081-4b00-b77a-eb6277694995","block_type":"box","text":"- An exchange-traded fund","page_number":5,"box":{"x":289,"y":57,"width":228,"height":13}},{"id":"f93d50d9-4e18-4538-91cd-9c751cec7f9d","block_type":"box","text":"As at 30 September 2026","page_number":5,"box":{"x":39,"y":104,"width":146,"height":8}},{"id":"03576c45-1bd6-401a-b122-db0489fa952d","block_type":"box","text":"ESG funds are subject to ESG investment risk, which is the chance that the stocks or bonds screened by the index provider for ESG criteria generally w","page_number":5,"box":{"x":39,"y":531,"width":857,"height":8}},{"id":"244cf6f1-3dde-4260-aa0c-24ee174d2f75","block_type":"box","text":"ill","page_number":5,"box":{"x":897,"y":531,"width":7,"height":6}},{"id":"609951c3-73a5-47d7-9ffe-ae98507790d4","block_type":"box","text":"underperform the market as a whole or, in the aggregate, will trail returns of other funds screened for ESG criteria. The index provider’s assessme","page_number":5,"box":{"x":39,"y":542,"width":831,"height":7}},{"id":"338f7c96-f39d-414c-ac6b-f7bc3fe30ea1","block_type":"box","text":"nt of a","page_number":5,"box":{"x":871,"y":542,"width":37,"height":6}},{"id":"ef0968bc-7f60-4eb9-8b61-70a3f0ff11dc","block_type":"box","text":"company, based on the company’s level of involvement in a particular industry or the index provider’s own ESG criteria, may differ from that of","page_number":5,"box":{"x":39,"y":552,"width":814,"height":8}},{"id":"64213a9d-405e-4a0a-880e-1fa5d057d9c6","block_type":"box","text":"other funds","page_number":5,"box":{"x":857,"y":552,"width":65,"height":6}},{"id":"202c54b6-53d2-4602-923f-0811dd3f1031","block_type":"box","text":"or of the advisor’s or an investor’s assessment of such company. As a result, the companies deemed eligible by the index provider may not reflec","page_number":5,"box":{"x":39,"y":563,"width":818,"height":7}},{"id":"eaa22879-6e66-470e-90b2-34a139f00871","block_type":"box","text":"t the beliefs","page_number":5,"box":{"x":858,"y":563,"width":67,"height":6}},{"id":"7377b22b-5bbd-43c6-99e4-347d5ed7c4f7","block_type":"box","text":"and values of any particular investor and may not exhibit positive or favorable ESG characteristics. The evaluation of companies for ESG screening or","page_number":5,"box":{"x":39,"y":573,"width":851,"height":8}},{"id":"d80ff6a3-2e8b-4c39-846d-64e84b5363b3","block_type":"box","text":"integration is dependent on the timely and accurate reporting of ESG data by the companies. Successful application of the screens will depend on the i","page_number":5,"box":{"x":39,"y":584,"width":859,"height":7}},{"id":"5a7edbf3-feb9-4731-8c45-4a205682b5f9","block_type":"box","text":"ndex","page_number":5,"box":{"x":900,"y":584,"width":25,"height":6}},{"id":"1b6ff923-7edf-42de-90f1-0f5dbb3e5772","block_type":"box","text":"provider’s proper identification and analysis of ESG data.","page_number":5,"box":{"x":39,"y":594,"width":326,"height":8}},{"id":"b6046587-e47b-4854-85d1-9aaf5bbba9ca","block_type":"box","text":"Vanguard does not provide any guarantee with respect to the quality, accuracy, or completeness of the information provided by Morningstar, MSCI, or FT","page_number":5,"box":{"x":38,"y":615,"width":876,"height":8}},{"id":"3b33065d-34b2-4162-b523-0fbf69cbbd9f","block_type":"box","text":"SE.","page_number":5,"box":{"x":915,"y":616,"width":18,"height":5}},{"id":"cb90349c-17e1-426c-bdcf-07b193267ed5","block_type":"box","text":"1","page_number":5,"box":{"x":39,"y":637,"width":3,"height":5}},{"id":"48ddb55f-75d3-49dc-a1d3-865759d2c7c4","block_type":"box","text":"Parent Benchmark","page_number":5,"box":{"x":47,"y":637,"width":94,"height":6}},{"id":"e8bec8b6-7e7f-4238-bb49-abccae1228fb","block_type":"box","text":"refers to the broad market index from which the fund's benchmark is derived, prior to the screening of any environmental, social, and governance crit","page_number":5,"box":{"x":144,"y":636,"width":744,"height":8}},{"id":"475ccaba-c74d-4e13-b5a0-8d6ada730125","block_type":"box","text":"eria.","page_number":5,"box":{"x":889,"y":637,"width":20,"height":6}},{"id":"2a4f0ada-13af-4d9b-8d6a-f2280e7edbc6","block_type":"box","text":"2 Metrics are aligned to the","page_number":5,"box":{"x":39,"y":656,"width":155,"height":7}},{"id":"6dd55692-c5a2-4de8-86c4-2bf4d9db3262","block_type":"box","text":"TCFD’s 2021 implementation guidance","page_number":5,"box":{"x":197,"y":656,"width":219,"height":7}},{"id":"07600014-520c-4f9f-b60a-8e7b66a68ab2","block_type":"box","text":"and the methodology of the","page_number":5,"box":{"x":420,"y":656,"width":158,"height":7}},{"id":"2bbcd297-8d9b-40ee-a42a-81e8208df544","block_type":"box","text":"Partnership for Carbon Accounting Financials (PCAF)","page_number":5,"box":{"x":582,"y":656,"width":304,"height":7}},{"id":"ed517fbd-43a8-4e54-b978-b74767cd08a2","block_type":"box","text":".","page_number":5,"box":{"x":886,"y":661,"width":2,"height":1}},{"id":"9a37695f-9bfc-4fcd-bcda-101d8c9460e2","block_type":"box","text":"Fund scope 1","page_number":5,"box":{"x":39,"y":666,"width":69,"height":8}},{"id":"49cd5657-b890-41f2-a337-412222b4b78e","block_type":"box","text":"emissions","page_number":5,"box":{"x":112,"y":666,"width":54,"height":6}},{"id":"ed499e0c-546c-419c-b713-f7b0e12093fe","block_type":"box","text":"are calculated by summing the product of the fund’s percentage ownership of each investee company’s enterprise value including","page_number":5,"box":{"x":169,"y":666,"width":736,"height":8}},{"id":"02074c3e-1be8-4597-ad3f-be1f97598f38","block_type":"box","text":"cash (EVIC) by the investee company's Scope 1 emissions, expressed in metric tons of carbon dioxide equivalent (tCO2e).","page_number":5,"box":{"x":39,"y":677,"width":687,"height":7}},{"id":"cb5e766d-bc33-41be-ab1b-d7e88960e09b","block_type":"box","text":"Fund scope 2","page_number":5,"box":{"x":731,"y":677,"width":72,"height":7}},{"id":"cf8bdfe2-fae9-4aa7-be8c-2306678f0566","block_type":"box","text":"emissions","page_number":5,"box":{"x":806,"y":677,"width":54,"height":6}},{"id":"fcabd7be-7686-47a4-8f14-dec81beba3d6","block_type":"box","text":"are","page_number":5,"box":{"x":863,"y":679,"width":18,"height":4}},{"id":"3d449286-3325-47f0-8c65-ba2636a1b213","block_type":"box","text":"calculated by summing the product of the fund’s percentage ownership of each investee company’s EVIC by the investee company's Scope 2 emissions","page_number":5,"box":{"x":39,"y":687,"width":858,"height":8}},{"id":"cbf357aa-78f9-4213-ae5e-dccc555abd81","block_type":"box","text":",","page_number":5,"box":{"x":899,"y":692,"width":1,"height":2}},{"id":"740f592d-d5bc-4568-b48e-b803165b4da4","block_type":"box","text":"expressed in tCO2e.","page_number":5,"box":{"x":39,"y":698,"width":112,"height":7}},{"id":"1d4a0b44-4f0f-4ebe-81bf-2407f3b31a27","block_type":"box","text":"Total carbon footprint","page_number":5,"box":{"x":158,"y":698,"width":126,"height":7}},{"id":"bee47f99-cff9-41ad-ac6f-878d86a55e8e","block_type":"box","text":"is calculated by summing the product of each investee company's weight by the investee company's Scopes 1 & 2","page_number":5,"box":{"x":287,"y":698,"width":643,"height":7}},{"id":"00b7f6c5-aa67-4546-9bef-27464eb76904","block_type":"box","text":"emissions, and dividing the summation by the total market value of the portfolio, expressed in tCO2e per $1 million invested.","page_number":5,"box":{"x":39,"y":708,"width":706,"height":8}},{"id":"e52f9aab-a02f-4c9c-9e3c-7670a72150c7","block_type":"box","text":"Weighted average carbon","page_number":5,"box":{"x":749,"y":708,"width":145,"height":8}},{"id":"c54eddca-4414-41b5-8f89-e75c1cc958db","block_type":"box","text":"intensity (WACI)","page_number":5,"box":{"x":39,"y":719,"width":96,"height":8}},{"id":"0a5b57fc-5d57-44b2-9ac2-0268d952d9c8","block_type":"box","text":"is calculated by summing the product of each investee company's weight in the portfolio with that investee company's carbon intensity","page_number":5,"box":{"x":138,"y":719,"width":772,"height":8}},{"id":"454bfb0c-2592-4901-8c0b-b7a117cd6252","block_type":"box","text":"(derived by dividing the investee company's Scopes 1 & 2 emissions by its revenue), expressed in tCO2e per $1 million in revenue.","page_number":5,"box":{"x":39,"y":729,"width":724,"height":8}},{"id":"1f787f48-9616-4c54-b59c-327cb33400b0","block_type":"box","text":"3 Coverage is defined as the percentage of eligible securities within our funds and benchmarks for which we have obtained carbon data. The development","page_number":5,"box":{"x":39,"y":746,"width":875,"height":8}},{"id":"cf05da2c-d5e7-4012-a95e-60af9180accd","block_type":"box","text":"of","page_number":5,"box":{"x":918,"y":746,"width":12,"height":6}},{"id":"5636afad-59fa-43b8-a5b6-c9ccf4006f9b","block_type":"box","text":"carbon metrics is in early stages resulting in challenges in interpreting the data and using it as a basis for investment decision making. For example","page_number":5,"box":{"x":39,"y":757,"width":835,"height":8}},{"id":"fcc38617-733f-4a9c-b9a6-49698cb2c6f0","block_type":"box","text":", the","page_number":5,"box":{"x":875,"y":757,"width":24,"height":7}},{"id":"00703984-218c-47e0-a9ce-a43c0c154531","block_type":"box","text":"metrics are backward looking and do not recognise future plans to reduce emissions. Carbon metrics may also vary due to being normalized by financial","page_number":5,"box":{"x":39,"y":767,"width":863,"height":8}},{"id":"ffb266b7-886d-4e8b-8b99-47a6cd29e62e","block_type":"box","text":"metrics that are prone to market volatility, rather than due to changes to the emissions profile of companies.","page_number":5,"box":{"x":39,"y":778,"width":621,"height":8}},{"id":"53a813b3-fe20-4d7a-8e96-9f4e89afab53","block_type":"box","text":"4 Certain information © 2026 MSCI ESG Research LLC. Reproduced by permission. These metrics were developed using information from MSCI ESG","page_number":5,"box":{"x":39,"y":799,"width":846,"height":8}},{"id":"3c5f15ef-3086-4759-ba68-28aee2033da8","block_type":"box","text":"Research LLC or its affiliates or information providers. Although the Vanguard Group, Inc.’s and Vanguard’s information providers including with","page_number":5,"box":{"x":39,"y":810,"width":822,"height":7}},{"id":"d84fdf27-85be-4daf-b3e5-cf55a3ae01aa","block_type":"box","text":"out","page_number":5,"box":{"x":863,"y":810,"width":18,"height":6}},{"id":"7d658458-5a4e-40c8-8ee3-a45ada147789","block_type":"box","text":"limitation, MSCI ESG Research LLC and its affiliates (each of the aforementioned parties being the “ESG Parties”), obtain information (the “","page_number":5,"box":{"x":39,"y":820,"width":802,"height":8}},{"id":"2d6b6a36-af9f-44e7-9b7d-8ab5ab077474","block_type":"box","text":"Information”)","page_number":5,"box":{"x":843,"y":820,"width":77,"height":7}},{"id":"fcb96a09-b018-4636-8ec4-7ec459f6ac98","block_type":"box","text":"from sources they consider reliable, none of the ESG Parties warrants or guarantees the originality, accuracy and/or completeness, of any data herein","page_number":5,"box":{"x":39,"y":830,"width":854,"height":8}},{"id":"68277030-c1c7-4964-bf6b-95b42000329a","block_type":"box","text":"and","page_number":5,"box":{"x":898,"y":831,"width":20,"height":6}},{"id":"b02ca1c6-c3ab-4964-b37f-262b2d874ae7","block_type":"box","text":"expressly disclaim all express or implied warranties, including those of merchantability and fitness for a particular purpose. The Information may onl","page_number":5,"box":{"x":39,"y":841,"width":841,"height":8}},{"id":"5da422a5-adcc-491c-bbb4-f972e69b6d26","block_type":"box","text":"y be used","page_number":5,"box":{"x":881,"y":841,"width":52,"height":8}},{"id":"1666fb2d-d9f9-4c43-801e-a9f3d65c9350","block_type":"box","text":"for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for, or a component of, any financial instru","page_number":5,"box":{"x":39,"y":852,"width":855,"height":7}},{"id":"d5b83a18-5d9f-47b4-b913-7ee4a5598c16","block_type":"box","text":"ments","page_number":5,"box":{"x":896,"y":853,"width":34,"height":5}},{"id":"8045b42a-fdcf-4ef3-be55-d00dea5c12a7","block_type":"box","text":"or products or indices. Further, none of the Information can in and of itself be used to determine which securities to buy or sell or when to buy or s","page_number":5,"box":{"x":39,"y":862,"width":828,"height":8}},{"id":"4646253a-ebf3-46a8-82db-8c9fa28168d1","block_type":"box","text":"ell them.","page_number":5,"box":{"x":869,"y":862,"width":47,"height":6}},{"id":"cb6a9706-b1c5-46a0-b2cb-9c6d36c16b64","block_type":"box","text":"None of the ESG Parties shall have any liability for any errors or omissions in connection with any data herein, or any liability for any direct, indi","page_number":5,"box":{"x":39,"y":873,"width":813,"height":8}},{"id":"2a362a8b-b805-4503-abb7-2620f04298d6","block_type":"box","text":"rect, special,","page_number":5,"box":{"x":854,"y":873,"width":69,"height":8}},{"id":"abd241c3-ea12-401b-ad69-63c86ed7646e","block_type":"box","text":"punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.","page_number":5,"box":{"x":39,"y":883,"width":676,"height":8}},{"id":"60bce44d-4b37-448f-8556-cb41c5bee128","block_type":"box","text":"5 Refer to the fund’s prospectus for more information on the applicable ESG screening methodology.","page_number":5,"box":{"x":39,"y":905,"width":574,"height":7}},{"id":"74ccd5e9-4fe8-4259-98d8-ea0086d2bf33","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":5,"box":{"x":38,"y":965,"width":658,"height":8}},{"id":"e24650d1-0f29-4b50-a6dc-262ae1eed4e0","block_type":"box","text":"Vanguard ESG EUR Corporate Bond UCITS ETF","page_number":6,"box":{"x":38,"y":34,"width":683,"height":19}},{"id":"7ba7c3fe-00ef-4854-b157-a45a3f1a9a8e","block_type":"box","text":"(GBP) Accumulating Hedged - An exchange-traded fund","page_number":6,"box":{"x":39,"y":60,"width":480,"height":13}},{"id":"a6c7af46-692b-4ca1-8408-e1284d5b5f3d","block_type":"box","text":"E042EN_092026","page_number":6,"box":{"x":894,"y":972,"width":72,"height":6}},{"id":"031f9e5c-232c-4e81-8965-4e4a120ed6b5","block_type":"box","text":"Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority.","page_number":6,"box":{"x":39,"y":970,"width":627,"height":6}},{"id":"7f92fe1a-4e9b-47ce-b281-5d22ef81fd00","block_type":"box","text":"© 2026 Vanguard Asset Management, Limited. All rights reserved.","page_number":6,"box":{"x":39,"y":978,"width":323,"height":7}},{"id":"d78e918b-bd00-4657-a0cf-0360b85c55d0","block_type":"box","text":"For more information contact your local sales team or:","page_number":6,"box":{"x":39,"y":311,"width":305,"height":8}},{"id":"b248f97c-820f-4fc0-b1c5-1df9a6e226ab","block_type":"box","text":"Web: http://global.vanguard.com","page_number":6,"box":{"x":38,"y":328,"width":169,"height":8}},{"id":"050aef6e-686e-4959-80b3-21c3fa50e8a6","block_type":"box","text":"Client Services (Europe): Tel. +44 (0)203 753 4305","page_number":6,"box":{"x":39,"y":339,"width":250,"height":7}},{"id":"49fde315-6a8d-4d8a-9857-859fab994d3c","block_type":"box","text":"Email:","page_number":6,"box":{"x":39,"y":349,"width":30,"height":6}},{"id":"061b3c46-dbcf-4231-a79a-f8c5cf0ffa88","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":6,"box":{"x":73,"y":349,"width":209,"height":8}},{"id":"e57b5cf6-4fce-4d92-a7db-3f3c640ab53a","block_type":"box","text":"Non advised personal investor: Personal_investor_enquiries@vanguard.co.uk","page_number":6,"box":{"x":39,"y":360,"width":432,"height":7}},{"id":"28d5f72f-6d14-4277-b08c-57337d63ccf5","block_type":"box","text":"Important information","page_number":6,"box":{"x":39,"y":372,"width":114,"height":7}},{"id":"ed73bf76-52c2-4986-bf6c-4fd28d4c2b48","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":6,"box":{"x":38,"y":388,"width":595,"height":8}},{"id":"9e1e4013-9e71-48a4-9d9b-df6fa348bb85","block_type":"box","text":"For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID before making any fin","page_number":6,"box":{"x":39,"y":402,"width":744,"height":8}},{"id":"21c6989b-9f77-4788-ab4b-bc947869c5e0","block_type":"box","text":"al investment decisions. The KIID","page_number":6,"box":{"x":785,"y":402,"width":162,"height":6}},{"id":"d1bda89a-d870-42a0-b651-2b9f9c416942","block_type":"box","text":"for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/.","page_number":6,"box":{"x":38,"y":411,"width":525,"height":8}},{"id":"d526ca74-e7d9-4e09-b93b-9d434a8516bb","block_type":"box","text":"This document is designed for use by and is directed only at persons resident in the UK.","page_number":6,"box":{"x":38,"y":425,"width":432,"height":8}},{"id":"8e0ed67e-8a65-4853-b313-c02d6cdba74e","block_type":"box","text":"The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any ju","page_number":6,"box":{"x":38,"y":439,"width":709,"height":7}},{"id":"b5bed7bc-ad6e-4fc8-82fd-682723e5acd9","block_type":"box","text":"risdiction where such an offer or","page_number":6,"box":{"x":748,"y":439,"width":161,"height":6}},{"id":"d7d9c0e9-26c0-4c57-a6c8-117ad25ca167","block_type":"box","text":"solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solic","page_number":6,"box":{"x":39,"y":448,"width":716,"height":8}},{"id":"ddfbeb1c-7e2c-4116-aa29-d4c97affd2f1","block_type":"box","text":"itation is not qualified to do so. The","page_number":6,"box":{"x":756,"y":448,"width":175,"height":8}},{"id":"65dd401a-edf0-4d3d-8bc4-c4649f257630","block_type":"box","text":"information in this document is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult t","page_number":6,"box":{"x":39,"y":458,"width":733,"height":7}},{"id":"5ad9b830-1bd3-41c5-9749-4e76e96c3706","block_type":"box","text":"heir professional advisers on the","page_number":6,"box":{"x":773,"y":458,"width":160,"height":7}},{"id":"4e268a2a-c599-4be3-9913-29d5c59f9a1c","block_type":"box","text":"implications of making an investment in, holding or disposing of ''units/shares'', and the receipt of distribution from any investment.","page_number":6,"box":{"x":39,"y":467,"width":661,"height":8}},{"id":"0730ee3b-7146-4900-aefd-7a83fd49dc94","block_type":"box","text":"Vanguard Funds plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in certain EEA","page_number":6,"box":{"x":38,"y":481,"width":720,"height":7}},{"id":"92c856d4-787e-418a-8ccb-2b3e60562a07","block_type":"box","text":"countries and the UK. Prospective","page_number":6,"box":{"x":761,"y":481,"width":168,"height":7}},{"id":"8f4e1e8d-a0cc-4762-a5c8-639a94a4e495","block_type":"box","text":"investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own professional advise","page_number":6,"box":{"x":39,"y":490,"width":741,"height":8}},{"id":"18b73e15-69e3-4952-acbd-efd3616e28ad","block_type":"box","text":"rs on the implications of making an","page_number":6,"box":{"x":781,"y":490,"width":173,"height":8}},{"id":"9047160b-fe45-4224-9c51-02fcf43dc9df","block_type":"box","text":"investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares under the law of the countrie","page_number":6,"box":{"x":39,"y":499,"width":740,"height":8}},{"id":"1a7d87cb-ae25-4980-94e8-417c2c8eb353","block_type":"box","text":"s in which they are liable to","page_number":6,"box":{"x":780,"y":500,"width":134,"height":7}},{"id":"87467493-7315-44a2-bcbf-a9c26ef923b4","block_type":"box","text":"taxation.","page_number":6,"box":{"x":38,"y":509,"width":45,"height":6}},{"id":"1afa15d6-f8b2-467e-b889-dc59b5f99ee4","block_type":"box","text":"The Manager of Vanguard Funds plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguard Funds plc.","page_number":6,"box":{"x":38,"y":523,"width":757,"height":7}},{"id":"9cb66c87-9617-4205-9017-7876e166b097","block_type":"box","text":"The indicative Net Asset Value (''iNAV'') for Vanguard's ETFs is published on Bloomberg or Reuters. Refer to the Portfolio Holdings Policy at","page_number":6,"box":{"x":38,"y":536,"width":700,"height":8}},{"id":"a8d58197-dc7d-4ae3-8767-bada7c0d4105","block_type":"box","text":"https://fund-docs.vanguard.com/portfolio-holdings-disclosure-policy.pdf","page_number":6,"box":{"x":39,"y":545,"width":366,"height":8}},{"id":"9c2abfe3-44c1-4df6-8e7b-4ac4a6d4c4e9","block_type":"box","text":"The Manager of the Ireland-domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in a","page_number":6,"box":{"x":38,"y":559,"width":774,"height":8}},{"id":"790cf2ca-7f05-472f-98aa-59100dfb027d","block_type":"box","text":"ccordance with the UCITS","page_number":6,"box":{"x":813,"y":559,"width":129,"height":6}},{"id":"0af3dd02-a3a4-43dc-b33c-2f048aed39e8","block_type":"box","text":"Directive, as may be amended from time to time.","page_number":6,"box":{"x":39,"y":569,"width":244,"height":7}},{"id":"713d748b-d6c4-4226-a2ae-c370f02521f6","block_type":"box","text":"For investors in Ireland-domiciled funds, a summary of investor rights can be obtained via","page_number":6,"box":{"x":39,"y":582,"width":445,"height":8}},{"id":"4e2430cf-3c95-4fb1-83c0-970dd677f25d","block_type":"box","text":"https://www.ie.vanguard/content/dam/intl/europe/documents/en/vanguard-investors-rights-summary-irish-funds-jan22.pdf and is available in English, Ge","page_number":6,"box":{"x":39,"y":591,"width":790,"height":9}},{"id":"20fd47bc-2a36-4df9-bc03-57d5ee17c4bc","block_type":"box","text":"rman, French, Spanish,","page_number":6,"box":{"x":831,"y":592,"width":112,"height":7}},{"id":"1d19a862-677d-4281-9644-45be8b22843e","block_type":"box","text":"Dutch and Italian.","page_number":6,"box":{"x":39,"y":601,"width":88,"height":6}},{"id":"a61d298c-c75d-4ae4-b99f-d51b0805aa25","block_type":"box","text":"BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. MSCI is a trademark and service mark of MSCI Inc. (collectively with its affi","page_number":6,"box":{"x":39,"y":629,"width":749,"height":7}},{"id":"f33b6d36-4f55-4cb4-8e0a-ef39cc8131e3","block_type":"box","text":"liates, “MSCI”), used under","page_number":6,"box":{"x":789,"y":629,"width":133,"height":7}},{"id":"5c9a912c-ad86-454a-ac1f-98b2224b9b68","block_type":"box","text":"license. Bloomberg Finance L.P. and its affiliates (collectively, “Bloomberg”), including Bloomberg Index Services Limited, the index administ","page_number":6,"box":{"x":39,"y":638,"width":694,"height":8}},{"id":"adf0ccc4-28ec-4718-91a5-548fe198998d","block_type":"box","text":"rator (“BISL”), or Bloomberg’s licensors,","page_number":6,"box":{"x":734,"y":638,"width":198,"height":8}},{"id":"b0b28f4d-2d02-4c28-9cf9-28a85f95ae44","block_type":"box","text":"including MSCI, own all proprietary rights in the indices mentioned. Neither Bloomberg nor MSCI is affiliated with Vanguard and neither Bloomberg nor","page_number":6,"box":{"x":39,"y":647,"width":753,"height":8}},{"id":"c947f55f-d96a-406b-b280-bd23bf69c15c","block_type":"box","text":"MSCI approves, endorses,","page_number":6,"box":{"x":796,"y":647,"width":127,"height":8}},{"id":"e2edb92f-660e-4003-a7f6-ed0f3505d7f0","block_type":"box","text":"reviews or recommends any Vanguard funds mentioned. Neither Bloomberg nor MSCI guarantees the timeliness, accurateness or completeness of any data or","page_number":6,"box":{"x":39,"y":657,"width":791,"height":7}},{"id":"2b651e98-5178-43f5-bd23-bb335b2fc09b","block_type":"box","text":"information relating to","page_number":6,"box":{"x":833,"y":657,"width":114,"height":7}},{"id":"17f62e1c-d708-4d96-a0e5-e063cda06c8c","block_type":"box","text":"the indices mentioned and none shall be liable in any way to Vanguard, investors in Vanguard funds or other third parties in respect of the use or acc","page_number":6,"box":{"x":38,"y":666,"width":739,"height":8}},{"id":"b97a7360-2509-4988-aedf-f94078a95f5e","block_type":"box","text":"uracy of the Bloomberg indices or","page_number":6,"box":{"x":779,"y":666,"width":166,"height":8}},{"id":"fb24d2e5-7373-43fc-9b6d-a67bc3a69df4","block_type":"box","text":"any data included therein.","page_number":6,"box":{"x":39,"y":676,"width":128,"height":7}},{"id":"e84adb12-12dd-4652-b547-02b075356a0c","block_type":"box","text":"SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC.","page_number":6,"box":{"x":39,"y":694,"width":506,"height":7}},{"id":"56845cdf-382c-41f8-8822-7c4abe7cd500","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":6,"box":{"x":39,"y":704,"width":326,"height":8}},{"id":"d27885d6-103e-40ae-9327-33362ba51cf1","block_type":"box","text":"SEDOL Masterfile®.","page_number":6,"box":{"x":368,"y":704,"width":98,"height":6}},{"id":"c7fda0d7-f8db-40ef-95f8-aa0414a8310c","block_type":"box","text":"Investment risk information","page_number":6,"box":{"x":39,"y":86,"width":156,"height":6}},{"id":"e3ac3d32-9f80-4ebf-a828-0c3fec6171f7","block_type":"box","text":"The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.","page_number":6,"box":{"x":38,"y":100,"width":603,"height":8}},{"id":"deb1499f-fea9-4aed-bbb2-7d65ca097a92","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":6,"box":{"x":39,"y":114,"width":302,"height":7}},{"id":"1bc5b62f-8157-4e21-8d1a-c991097a71f6","block_type":"box","text":"Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level","page_number":6,"box":{"x":39,"y":128,"width":723,"height":7}},{"id":"18b820f1-5246-436e-acf1-95a3cdebb614","block_type":"box","text":"of income may fluctuate.","page_number":6,"box":{"x":767,"y":128,"width":124,"height":7}},{"id":"b19af971-e5b6-4784-a8a3-75ed4413f6bb","block_type":"box","text":"Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such","page_number":6,"box":{"x":39,"y":137,"width":731,"height":8}},{"id":"673f46fc-5785-4e65-a513-8c1b446647fc","block_type":"box","text":"may carry greater credit risk","page_number":6,"box":{"x":774,"y":137,"width":141,"height":8}},{"id":"eb947300-a187-40f8-81ea-5303a5d19e4a","block_type":"box","text":"increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in in","page_number":6,"box":{"x":39,"y":146,"width":751,"height":8}},{"id":"5be9da97-7ce2-47ce-8aca-e76c25d1a2d6","block_type":"box","text":"terest rates are likely to","page_number":6,"box":{"x":792,"y":146,"width":118,"height":8}},{"id":"225de671-72a6-4351-b1fc-7981831765da","block_type":"box","text":"affect the capital value of bonds.","page_number":6,"box":{"x":39,"y":156,"width":164,"height":7}},{"id":"587156d3-8bcb-45e0-afdc-424c60307f10","block_type":"box","text":"ETF shares can be bought or sold only through a broker. Investing in ETFs entails stockbroker commission and a bid- offer spread which should be consi","page_number":6,"box":{"x":39,"y":169,"width":751,"height":8}},{"id":"4976d239-9526-4d8f-bad1-7ec923f58300","block_type":"box","text":"dered fully before","page_number":6,"box":{"x":792,"y":169,"width":87,"height":8}},{"id":"87ef9e8b-357f-4417-8909-efbee5bff2e6","block_type":"box","text":"investing.","page_number":6,"box":{"x":39,"y":179,"width":46,"height":7}},{"id":"098c7b41-6b25-4e19-b1b7-23f3bef6d32f","block_type":"box","text":"The Funds may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce","page_number":6,"box":{"x":38,"y":192,"width":744,"height":8}},{"id":"f0c9b136-4ec6-434e-9e92-bdd4eb9925e4","block_type":"box","text":"exposure to underlying","page_number":6,"box":{"x":785,"y":193,"width":112,"height":7}},{"id":"cedee477-6f51-4af3-bcea-81b71145cf6d","block_type":"box","text":"assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of","page_number":6,"box":{"x":39,"y":202,"width":706,"height":8}},{"id":"034f0091-8351-4182-b305-e100e0e6b001","block_type":"box","text":"a financial asset (such as a share,","page_number":6,"box":{"x":748,"y":202,"width":167,"height":7}},{"id":"aa6991e8-a6e7-49cd-bc28-f654e178da8d","block_type":"box","text":"bond, or currency) or a market index.","page_number":6,"box":{"x":39,"y":211,"width":182,"height":8}},{"id":"43812ee5-ef93-49a6-a1d3-ebf30b99832a","block_type":"box","text":"Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investmen","page_number":6,"box":{"x":39,"y":225,"width":761,"height":8}},{"id":"522d5950-c643-42e7-847c-ea37b81a3545","block_type":"box","text":"ts.","page_number":6,"box":{"x":802,"y":226,"width":11,"height":5}},{"id":"1ea8e2fe-e2f8-4f9d-a874-0a7ecc0699e3","block_type":"box","text":"For further information on risks please see the “Risk Factors” section of the prospectus on our website at https://global.vanguard.com.","page_number":6,"box":{"x":39,"y":238,"width":674,"height":8}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":6}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"2f770039-7c49-48f1-828d-f6a714930b7d"},"user_id":1000002,"date_created":"2026-10-15T22:26:34.768000Z","date_modified":"2026-10-15T22:26:34.768000Z","private":false}