{"annotation_id":"a018f722-05dc-4bce-a2d0-119f0eb81b0f","file_hash":"39d81ed5a4061e276af670a07302607f9090eff171389dabc5167d27f897b9fb","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"248b1116-c326-45a1-9163-925a166b7892","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":50,"width":155,"height":25}},{"id":"79f8c0fc-c095-4ac4-8b30-929397b194fe","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":51,"width":14,"height":4}},{"id":"e3c35ed9-2529-491f-afdc-05698cccaa66","block_type":"box","text":"Minimum initial","page_number":1,"box":{"x":39,"y":315,"width":85,"height":7}},{"id":"4139e889-8a66-4079-91cc-18ee7e667f17","block_type":"box","text":"investment","page_number":1,"box":{"x":39,"y":326,"width":63,"height":6}},{"id":"9a3b92b7-1949-4328-80b5-8aa18748015d","block_type":"box","text":"ISIN","page_number":1,"box":{"x":142,"y":326,"width":22,"height":6}},{"id":"df3570f0-5983-4067-bf01-0f4bad7a67e7","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":238,"y":326,"width":41,"height":6}},{"id":"19c90420-78f5-4d3f-98fb-b9e221ab7fa7","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":305,"y":326,"width":60,"height":8}},{"id":"f1940ffd-3f93-4439-b142-552013aa3c7f","block_type":"box","text":"Investment","page_number":1,"box":{"x":375,"y":316,"width":64,"height":6}},{"id":"4a10c595-f9ae-433d-ab5e-cf6031e41db8","block_type":"box","text":"structure","page_number":1,"box":{"x":375,"y":327,"width":52,"height":5}},{"id":"a3653c91-0cb3-4c6d-801f-e9fa5cbcfad7","block_type":"box","text":"SRRI","page_number":1,"box":{"x":489,"y":326,"width":27,"height":6}},{"id":"18e91f9d-75ef-4a25-b8ea-47ae22477e1a","block_type":"box","text":"‡","page_number":1,"box":{"x":516,"y":325,"width":5,"height":4}},{"id":"b33685b5-1920-4767-8868-db7ac5649623","block_type":"box","text":"Index","page_number":1,"box":{"x":562,"y":316,"width":30,"height":6}},{"id":"ba1ba2a6-4b23-43d4-b43d-a5c0aadbc229","block_type":"box","text":"ticker","page_number":1,"box":{"x":562,"y":326,"width":32,"height":6}},{"id":"fd62d799-ff33-4f5f-95be-e375170cf196","block_type":"box","text":"Domicile","page_number":1,"box":{"x":636,"y":326,"width":47,"height":6}},{"id":"dcf8bc89-21dc-4aaf-b093-aca257261043","block_type":"box","text":"Settlement","page_number":1,"box":{"x":751,"y":326,"width":64,"height":6}},{"id":"67f9516e-106f-4b1d-9dcf-0200062e2bc9","block_type":"box","text":"Trading frequency","page_number":1,"box":{"x":833,"y":315,"width":102,"height":8}},{"id":"c8bd4379-c96f-49e6-a5bf-68fb9e4f7457","block_type":"box","text":"(cut-off)","page_number":1,"box":{"x":833,"y":326,"width":49,"height":7}},{"id":"2f039219-e340-42da-8b98-64763c858ebb","block_type":"box","text":"€100,000,000","page_number":1,"box":{"x":39,"y":345,"width":60,"height":6}},{"id":"e568c171-6e9c-40be-aea4-db6a1935ad60","block_type":"box","text":"IE00BDFB5F89","page_number":1,"box":{"x":142,"y":345,"width":65,"height":5}},{"id":"7d80e058-feee-4673-929e-7faf5dd6ca1b","block_type":"box","text":"BDFB5F8","page_number":1,"box":{"x":239,"y":345,"width":40,"height":5}},{"id":"9ce78578-a5ff-4109-8b71-a8bcd507ced7","block_type":"box","text":"VGIPEHA","page_number":1,"box":{"x":305,"y":345,"width":40,"height":5}},{"id":"22c7bd5c-5c97-422c-bbcd-905d2766138e","block_type":"box","text":"UCITS","page_number":1,"box":{"x":375,"y":345,"width":26,"height":5}},{"id":"fe1a713f-4d7c-4c30-aef5-aa5977a19e3e","block_type":"box","text":"4","page_number":1,"box":{"x":489,"y":345,"width":5,"height":5}},{"id":"85b4d9a9-d33a-4e1a-bfaa-bb1d377d2950","block_type":"box","text":"H21122EU","page_number":1,"box":{"x":562,"y":345,"width":46,"height":5}},{"id":"c109a91b-15c7-4d04-90cb-2059f195e275","block_type":"box","text":"Ireland","page_number":1,"box":{"x":636,"y":345,"width":28,"height":5}},{"id":"a9c34e3e-43c0-4a06-a28d-0e67171fabbd","block_type":"box","text":"T+2","page_number":1,"box":{"x":751,"y":345,"width":15,"height":5}},{"id":"a6023e12-b2d5-479a-a6d7-876053c61bbf","block_type":"box","text":"Daily (12:00 Irish Time)","page_number":1,"box":{"x":833,"y":345,"width":98,"height":6}},{"id":"63bdaaef-1225-40c5-9ed1-15fa73604de4","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":128,"width":229,"height":9}},{"id":"1ede8c5a-f46c-49ba-985b-674a232787cf","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":142,"width":84,"height":9}},{"id":"3c3f3574-d310-4299-a78b-b2202e40e20a","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":142,"width":7,"height":12}},{"id":"ec0bcc1d-2d06-4167-9235-72b7277ce310","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":143,"width":161,"height":10}},{"id":"12c815ce-bafe-4379-be96-f541370e7cb4","block_type":"box","text":"Vanguard Global Corporate Bond Index Fund","page_number":1,"box":{"x":38,"y":173,"width":645,"height":20}},{"id":"fbf77c95-1b68-4b4b-97fc-c707a641cb55","block_type":"box","text":"Institutional Plus EUR Hedged Acc","page_number":1,"box":{"x":40,"y":198,"width":290,"height":13}},{"id":"a0859524-4285-431c-a7a9-c92d1f41f11d","block_type":"box","text":"Inception date: 07 February 2018","page_number":1,"box":{"x":40,"y":215,"width":240,"height":10}},{"id":"a13bef6e-16bd-431f-8713-27142108a0e1","block_type":"box","text":"Total assets (million) €3,924","page_number":1,"box":{"x":38,"y":232,"width":160,"height":7}},{"id":"d214c263-a2e7-4012-9426-754ea4db3385","block_type":"box","text":"|","page_number":1,"box":{"x":203,"y":232,"width":1,"height":7}},{"id":"3febbc91-aab4-46dd-b497-ee0d0c16f433","block_type":"box","text":"Share class assets (million) €644 as at 30 September 2026","page_number":1,"box":{"x":209,"y":232,"width":333,"height":8}},{"id":"67953bc4-78b4-482b-b480-99942d3893d8","block_type":"box","text":"Ongoing Charges Figure","page_number":1,"box":{"x":39,"y":432,"width":154,"height":9}},{"id":"20349ff1-0334-4c1a-a9d6-2d3f84c30f54","block_type":"box","text":"†","page_number":1,"box":{"x":194,"y":433,"width":4,"height":3}},{"id":"f50884bf-6001-4c29-8a99-d6d35234321e","block_type":"box","text":"0.12 %","page_number":1,"box":{"x":228,"y":433,"width":32,"height":6}},{"id":"f28922cd-1f2d-4dd4-a22f-69bc59f44031","block_type":"box","text":"†The Ongoing Charges Figure (OCF) covers administration, audit, depository, legal, registration and regulatory expenses incurred in respect of th","page_number":1,"box":{"x":39,"y":448,"width":721,"height":8}},{"id":"9e219c2d-f008-4344-a293-192b8ce0fe6a","block_type":"box","text":"e Funds.","page_number":1,"box":{"x":761,"y":448,"width":41,"height":6}},{"id":"cc1b1662-8ef8-4816-bb60-5f5e796ede59","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":467,"width":213,"height":9}},{"id":"3e3a4d8b-f625-4c3d-926c-4128e4a084f2","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":486,"width":3,"height":2}},{"id":"c1a5ce13-163a-48ba-a0ac-caf80e407085","block_type":"box","text":"The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Global Aggregate F","page_number":1,"box":{"x":51,"y":483,"width":765,"height":8}},{"id":"6d161925-712d-4373-aac3-d37e1d26f562","block_type":"box","text":"loat Adjusted Corporate","page_number":1,"box":{"x":817,"y":483,"width":120,"height":8}},{"id":"fdd3f665-62c9-4035-a20c-89c55c4c5706","block_type":"box","text":"Index (the “Index”).","page_number":1,"box":{"x":51,"y":494,"width":94,"height":7}},{"id":"8abff710-ceb7-4a77-990e-04ef9ab41a53","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":508,"width":3,"height":3}},{"id":"42a66453-253f-4ce4-bac1-017ffbed47bd","block_type":"box","text":"The Index includes global corporate bonds with maturities greater than one year. The Index is a multi-currency index that includes bonds from develope","page_number":1,"box":{"x":51,"y":506,"width":752,"height":8}},{"id":"7cf887e7-9897-42c7-a744-0c4374d702f7","block_type":"box","text":"d and emerging markets","page_number":1,"box":{"x":804,"y":506,"width":122,"height":8}},{"id":"aa88d3dc-f9a8-407d-a440-71d24483fdf9","block_type":"box","text":"issuers within the industrial, utility and financial sectors.","page_number":1,"box":{"x":51,"y":517,"width":279,"height":7}},{"id":"e939b3d9-6ea3-4013-a767-227b69e0db4e","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":531,"width":3,"height":2}},{"id":"6f2f8f35-fe18-4203-b857-ecc815298f6c","block_type":"box","text":"The Fund attempts to: 1. Track the performance of the Index by investing in a portfolio of securities that, insofar as possible and practicable, consi","page_number":1,"box":{"x":51,"y":529,"width":727,"height":8}},{"id":"0efd5e82-a8b6-484c-8b30-ae74e94f6043","block_type":"box","text":"sts of a representative sample of","page_number":1,"box":{"x":780,"y":529,"width":165,"height":8}},{"id":"cf00b6f0-af2d-47cb-a2b6-0d7a754c1f62","block_type":"box","text":"the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions.","page_number":1,"box":{"x":51,"y":540,"width":619,"height":7}},{"id":"9796a47e-f6ff-4e77-a6c4-3e30d22c5de3","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":39,"y":561,"width":133,"height":9}},{"id":"17f0bda8-2253-406c-8c8b-ecdd89c3e11f","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":38,"y":580,"width":193,"height":8}},{"id":"628b2af4-234e-4049-9a02-4433d0f94d7d","block_type":"box","text":"‡","page_number":1,"box":{"x":33,"y":964,"width":4,"height":6}},{"id":"fffc1fae-2c27-4c0e-b4d4-cb81f536e0da","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":964,"width":206,"height":7}},{"id":"d669f42b-8cb7-412e-bbc9-541cd43ec32e","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":1,"box":{"x":41,"y":975,"width":658,"height":8}},{"id":"ac944037-e327-4c6c-9c7a-d593a9eed630","block_type":"box","text":"Vanguard Global Corporate Bond Index Fund","page_number":2,"box":{"x":38,"y":32,"width":645,"height":20}},{"id":"df517b7f-8e63-4853-b72e-63aed1d7f09c","block_type":"box","text":"Institutional Plus EUR Hedged Acc","page_number":2,"box":{"x":40,"y":57,"width":290,"height":13}},{"id":"9b00b5a3-c854-4325-ad0e-e5cdddbf9d2e","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":124,"width":127,"height":8}},{"id":"8616db73-7936-4f24-87ef-a7f793d64004","block_type":"box","text":"EUR","page_number":2,"box":{"x":39,"y":142,"width":20,"height":6}},{"id":"dee84abb-3b0e-4d93-9718-8c21a4037c2a","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":145,"width":8,"height":1}},{"id":"bbf06e00-7171-479e-a4fd-8884fb2f875f","block_type":"box","text":"Vanguard Global Corporate Bond Index Fund","page_number":2,"box":{"x":68,"y":142,"width":224,"height":8}},{"id":"ae903c81-3af9-4a97-b1ff-e8a8c5a12cc5","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":153,"width":56,"height":6}},{"id":"7f9a43c0-b654-44b5-a02c-fe1d88e28544","block_type":"box","text":"— Bloomberg Global Aggregate Float Adjusted Corporate Index in EUR","page_number":2,"box":{"x":98,"y":153,"width":352,"height":7}},{"id":"ce1c60bc-f234-4e22-8174-5903169a2af1","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":622,"width":7,"height":0}},{"id":"c7259c07-7ad0-4fb2-afb7-96cc31950a46","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":622,"width":7,"height":0}},{"id":"9046c8c5-1eaf-4788-b113-6a6a076e6fda","block_type":"box","text":"01 Oct 2018","page_number":2,"box":{"x":352,"y":601,"width":53,"height":5}},{"id":"cf1e2bde-eb3a-4ed4-8127-e117e9876f5e","block_type":"box","text":"-","page_number":2,"box":{"x":378,"y":613,"width":3,"height":0}},{"id":"94d97a24-6e8b-4dbc-b356-26c9164554b8","block_type":"box","text":"30 Sep 2019","page_number":2,"box":{"x":351,"y":619,"width":54,"height":6}},{"id":"9e1ff8a7-925f-472c-bb88-d5af26f0364c","block_type":"box","text":"01 Oct 2019","page_number":2,"box":{"x":429,"y":601,"width":53,"height":5}},{"id":"42115e08-fbee-4909-b6e7-ca140b7be545","block_type":"box","text":"-","page_number":2,"box":{"x":456,"y":613,"width":2,"height":0}},{"id":"4ce19c19-9140-4f26-a95f-275d443b6db1","block_type":"box","text":"30 Sep 2020","page_number":2,"box":{"x":429,"y":619,"width":53,"height":6}},{"id":"08c02a2e-6d4a-4ecf-869e-8525b64c922d","block_type":"box","text":"01 Oct 2020","page_number":2,"box":{"x":507,"y":601,"width":53,"height":5}},{"id":"af514c5f-599e-4d10-9b84-2c2dccc63d35","block_type":"box","text":"-","page_number":2,"box":{"x":533,"y":613,"width":2,"height":0}},{"id":"82a5a66a-084a-4c5f-b447-9c4904233296","block_type":"box","text":"30 Sep 2021","page_number":2,"box":{"x":506,"y":619,"width":54,"height":6}},{"id":"f70904ad-004c-4056-abc6-512f2d6320c3","block_type":"box","text":"01 Oct 2021","page_number":2,"box":{"x":584,"y":601,"width":53,"height":5}},{"id":"406874f4-e88a-4011-81bd-12cf09fe9f47","block_type":"box","text":"-","page_number":2,"box":{"x":610,"y":613,"width":3,"height":0}},{"id":"5d958792-9171-4e2d-bd7d-9b4b5784559b","block_type":"box","text":"30 Sep 2022","page_number":2,"box":{"x":584,"y":619,"width":53,"height":6}},{"id":"bec4fa8c-6bf7-44a1-88fa-340016ec3d41","block_type":"box","text":"01 Oct 2022","page_number":2,"box":{"x":661,"y":601,"width":53,"height":5}},{"id":"317ee8de-7177-4b9c-82dd-c91fa64104ef","block_type":"box","text":"-","page_number":2,"box":{"x":688,"y":613,"width":2,"height":0}},{"id":"9b566fa0-0d58-4643-8468-c71b40e5cb01","block_type":"box","text":"30 Sep 2023","page_number":2,"box":{"x":661,"y":619,"width":53,"height":6}},{"id":"e7c79f8d-b8f1-47c2-b7d6-e2f92990a4da","block_type":"box","text":"01 Oct 2023","page_number":2,"box":{"x":739,"y":601,"width":53,"height":5}},{"id":"816f20a9-e5d5-48b1-88b0-a6064b9d1086","block_type":"box","text":"-","page_number":2,"box":{"x":765,"y":613,"width":3,"height":0}},{"id":"ee4736fe-8e53-434f-a349-13b0254abd3f","block_type":"box","text":"30 Sep 2024","page_number":2,"box":{"x":739,"y":619,"width":53,"height":6}},{"id":"cea75fd8-9cdd-4708-a0d9-7c5490c2d572","block_type":"box","text":"01 Oct 2024","page_number":2,"box":{"x":816,"y":601,"width":53,"height":5}},{"id":"e1bd6e12-d96d-4f92-a365-5b326ae711b2","block_type":"box","text":"-","page_number":2,"box":{"x":843,"y":613,"width":2,"height":0}},{"id":"76e71ced-68ff-49a6-a64e-78d06d327c5e","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":816,"y":619,"width":53,"height":6}},{"id":"596dbf46-4756-462d-a736-893ffe0aa6b4","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":894,"y":601,"width":53,"height":5}},{"id":"0e71facf-a090-498a-a1dd-a5a450ea4f14","block_type":"box","text":"-","page_number":2,"box":{"x":920,"y":613,"width":3,"height":0}},{"id":"6db7a8b1-a13f-4521-b869-6323a4c0512e","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":894,"y":619,"width":53,"height":6}},{"id":"841f7de1-61c0-45e7-affc-ae6970e4bb6a","block_type":"box","text":"Fund","page_number":2,"box":{"x":63,"y":635,"width":20,"height":5}},{"id":"e272ec44-85d2-4803-919f-a7046ad74584","block_type":"box","text":"(Net of expenses)","page_number":2,"box":{"x":87,"y":635,"width":62,"height":6}},{"id":"a8ffdb9f-5f63-4b00-bd23-23fc062732fd","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":639,"width":7,"height":0}},{"id":"bf45dfb8-b82a-4753-8d8d-2a56ddd1a2ed","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":639,"width":7,"height":0}},{"id":"c76fd6dc-8260-4e1d-ab54-26a5368679b1","block_type":"box","text":"8.32%","page_number":2,"box":{"x":365,"y":636,"width":26,"height":5}},{"id":"2f7add9b-44ce-4383-8627-b2f85ad952a9","block_type":"box","text":"3.76%","page_number":2,"box":{"x":442,"y":636,"width":27,"height":5}},{"id":"26033b78-75a7-4d49-a7b0-c3e5ac56a89c","block_type":"box","text":"1.23%","page_number":2,"box":{"x":520,"y":636,"width":26,"height":5}},{"id":"e42865e0-da6d-459f-9e44-4abbad0c0297","block_type":"box","text":"-18.67%","page_number":2,"box":{"x":592,"y":636,"width":36,"height":5}},{"id":"e29736ea-e376-40f8-9a59-77c44d725888","block_type":"box","text":"1.80%","page_number":2,"box":{"x":675,"y":636,"width":26,"height":5}},{"id":"8dde2a19-8f24-4322-96f9-2e0db6ab5714","block_type":"box","text":"11.22%","page_number":2,"box":{"x":749,"y":636,"width":32,"height":5}},{"id":"3bddc6b9-db86-4826-8824-b264b2a66ebe","block_type":"box","text":"2.34%","page_number":2,"box":{"x":829,"y":636,"width":27,"height":5}},{"id":"1c4ae7e2-ee50-455a-805f-90b11ed6db34","block_type":"box","text":"-2.86%","page_number":2,"box":{"x":905,"y":636,"width":30,"height":5}},{"id":"d9b332f3-b25c-41ea-8f49-3efa165d6324","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":651,"width":48,"height":6}},{"id":"99db19ea-b150-440b-8756-655216fc8cfe","block_type":"box","text":"—","page_number":2,"box":{"x":220,"y":656,"width":7,"height":0}},{"id":"858fe137-446b-4f5e-8767-473360c02a48","block_type":"box","text":"—","page_number":2,"box":{"x":297,"y":656,"width":7,"height":0}},{"id":"cfa54ab4-6613-4577-b3bd-64c865717704","block_type":"box","text":"8.30%","page_number":2,"box":{"x":365,"y":653,"width":26,"height":5}},{"id":"065c3fa7-3039-453e-b2e8-67b51f5c2549","block_type":"box","text":"4.29%","page_number":2,"box":{"x":442,"y":653,"width":27,"height":5}},{"id":"be9c77ab-e32a-48eb-bc6d-623ac32b8654","block_type":"box","text":"0.96%","page_number":2,"box":{"x":519,"y":653,"width":27,"height":5}},{"id":"0fcdeaac-0601-4fd5-b70c-78a53e886384","block_type":"box","text":"-18.36%","page_number":2,"box":{"x":592,"y":653,"width":36,"height":5}},{"id":"2b4c0604-53c3-49ff-a9ad-d0cd0f430a6d","block_type":"box","text":"1.87%","page_number":2,"box":{"x":675,"y":653,"width":26,"height":5}},{"id":"1b65477e-c766-49b0-9964-a82caf7c23f3","block_type":"box","text":"11.24%","page_number":2,"box":{"x":749,"y":653,"width":32,"height":5}},{"id":"c25226b1-114e-43a2-a623-279afc436f64","block_type":"box","text":"2.37%","page_number":2,"box":{"x":829,"y":653,"width":27,"height":5}},{"id":"87568177-ec94-4fea-954d-5e41e26349c1","block_type":"box","text":"-2.77%","page_number":2,"box":{"x":905,"y":653,"width":30,"height":5}},{"id":"81f2321a-ceb7-43f3-b060-be67ce7fd42f","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":196,"width":148,"height":8}},{"id":"9bcf38de-85fa-46a7-9f90-540057c5a283","block_type":"box","text":"1 month","page_number":2,"box":{"x":281,"y":196,"width":41,"height":6}},{"id":"da8e23f5-2922-41c7-b58a-3f105a645158","block_type":"box","text":"Quarter","page_number":2,"box":{"x":374,"y":196,"width":39,"height":6}},{"id":"82352123-79c6-4fcd-897a-06d107856ae6","block_type":"box","text":"Year to","page_number":2,"box":{"x":468,"y":186,"width":36,"height":6}},{"id":"94bc7881-12db-423a-ba2e-a2e872d77a6d","block_type":"box","text":"date","page_number":2,"box":{"x":482,"y":196,"width":22,"height":6}},{"id":"933ccfdc-9f5c-4af8-b85e-57b96ce8c659","block_type":"box","text":"1 year","page_number":2,"box":{"x":552,"y":196,"width":30,"height":8}},{"id":"763de283-f4ba-4228-89f3-c09a3b8a6632","block_type":"box","text":"3 years","page_number":2,"box":{"x":627,"y":196,"width":35,"height":8}},{"id":"5f4a8ee7-67e8-41e4-8313-53c03ae02b7b","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":196,"width":36,"height":8}},{"id":"fed46e98-8741-4fa8-a2f2-81e5ef94901e","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":196,"width":41,"height":8}},{"id":"e4aa8b8b-b8f8-491c-9cc3-6a0008040527","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":186,"width":26,"height":6}},{"id":"83c67e75-dcd6-4f73-966e-b665610c0e0c","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":196,"width":44,"height":8}},{"id":"75c86c66-7a0c-4078-a017-587c4a719fa6","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":214,"width":20,"height":5}},{"id":"49768de4-30eb-4a31-8412-db6fcc4909af","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":214,"width":59,"height":6}},{"id":"395d7524-ac83-4da0-8c47-4575b730d689","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":214,"width":3,"height":6}},{"id":"20a403b1-115f-42ff-ad56-5158fb2979c0","block_type":"box","text":"-2.28%","page_number":2,"box":{"x":291,"y":214,"width":30,"height":5}},{"id":"9dd012a3-9d14-462e-8a32-1d524df4f800","block_type":"box","text":"-3.55%","page_number":2,"box":{"x":382,"y":214,"width":31,"height":5}},{"id":"fb3158f2-38aa-4b77-9cf1-3ef535f38981","block_type":"box","text":"-3.16%","page_number":2,"box":{"x":474,"y":214,"width":30,"height":5}},{"id":"5fb64414-9b66-4681-bdc8-ed301c99237a","block_type":"box","text":"-2.86%","page_number":2,"box":{"x":551,"y":214,"width":30,"height":5}},{"id":"b76b90c8-fe50-4fbb-91af-71a120439316","block_type":"box","text":"3.41%","page_number":2,"box":{"x":635,"y":214,"width":27,"height":5}},{"id":"13d5023d-b73f-4787-b22c-8d82f99a6ae5","block_type":"box","text":"-1.75%","page_number":2,"box":{"x":729,"y":214,"width":30,"height":5}},{"id":"1a3455bc-ec14-4580-b1f5-15face4e4dd9","block_type":"box","text":"—","page_number":2,"box":{"x":848,"y":217,"width":6,"height":0}},{"id":"601a1037-cdbd-40b5-85ae-deda7dbd7747","block_type":"box","text":"0.28%","page_number":2,"box":{"x":925,"y":214,"width":27,"height":5}},{"id":"793e50d3-b777-4fcd-b996-b59b2d555122","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":230,"width":48,"height":6}},{"id":"95b2a64e-33e2-489e-bb1a-a02d98a17086","block_type":"box","text":"-2.27%","page_number":2,"box":{"x":291,"y":229,"width":30,"height":5}},{"id":"f491efa6-8190-4ad5-b866-1b9d3f206692","block_type":"box","text":"-3.52%","page_number":2,"box":{"x":382,"y":229,"width":31,"height":5}},{"id":"aa1b59a1-e837-4437-a347-c5fcee963c09","block_type":"box","text":"-3.14%","page_number":2,"box":{"x":474,"y":229,"width":30,"height":5}},{"id":"fc2670e7-a6c9-43b8-b06a-c326c2815df6","block_type":"box","text":"-2.77%","page_number":2,"box":{"x":551,"y":229,"width":30,"height":5}},{"id":"3204f6c9-dcd9-4bc7-b824-0340dcbe74f1","block_type":"box","text":"3.45%","page_number":2,"box":{"x":635,"y":229,"width":27,"height":5}},{"id":"0389ae70-185e-452d-b651-e5fc741bcb91","block_type":"box","text":"-1.64%","page_number":2,"box":{"x":729,"y":229,"width":30,"height":5}},{"id":"8f608702-cd11-4dde-9022-36bfadaea885","block_type":"box","text":"0.27%","page_number":2,"box":{"x":827,"y":229,"width":27,"height":5}},{"id":"f9f39675-077c-4b59-b336-b8fabcd017e0","block_type":"box","text":"0.38%","page_number":2,"box":{"x":925,"y":229,"width":27,"height":5}},{"id":"0608c570-d7a7-4d00-8cbd-be20fe3b9409","block_type":"box","text":"**In this document the performance displayed for the Fund(s) and therefore relative performance to the benchmark index may be impacted by swing pric","page_number":2,"box":{"x":39,"y":246,"width":766,"height":7}},{"id":"9047a966-eca9-46c2-a059-88a868d3a6a5","block_type":"box","text":"ing. The NAV of a Fund","page_number":2,"box":{"x":806,"y":246,"width":115,"height":7}},{"id":"357798f1-dd12-4709-afec-f9dd3c5a6509","block_type":"box","text":"may swing according to subscription/redemption activity so that transaction costs caused by these cashflows are not borne by the existing holders in a","page_number":2,"box":{"x":39,"y":255,"width":754,"height":8}},{"id":"fff7570d-b68e-4072-b230-2662e300faa4","block_type":"box","text":"Fund. The benchmark","page_number":2,"box":{"x":798,"y":255,"width":109,"height":6}},{"id":"80f6435f-6d35-4839-837c-aeb170a85082","block_type":"box","text":"index is not affected by swing pricing and therefore you may see tracking difference between the performance of the Fund and the benchmark.","page_number":2,"box":{"x":39,"y":264,"width":715,"height":8}},{"id":"0945de9c-0f60-468a-86da-ffaadc3fc806","block_type":"box","text":"Performance and Data is calculated on closing NAV as at 30 September 2026.","page_number":2,"box":{"x":39,"y":278,"width":390,"height":8}},{"id":"61fda733-c79a-467f-9e17-89921656092c","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":2,"box":{"x":39,"y":292,"width":307,"height":7}},{"id":"1baac9f3-ff1c-4934-987a-51cd7493939b","block_type":"box","text":"Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the","page_number":2,"box":{"x":39,"y":306,"width":736,"height":7}},{"id":"e6e77e13-3047-40f0-bf52-d836b0f73700","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":306,"width":143,"height":6}},{"id":"bb849f4e-d7d7-448b-bd32-d1e22b179529","block_type":"box","text":"and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of s","page_number":2,"box":{"x":39,"y":315,"width":759,"height":8}},{"id":"3a89780d-965b-4190-b5c5-b3503f2b53e4","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":315,"width":97,"height":6}},{"id":"256e3920-0b6f-46f2-b9ae-d129c6b57631","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in EUR, net of fees.","page_number":2,"box":{"x":39,"y":324,"width":603,"height":8}},{"id":"728e62ee-fb40-4e82-9758-c8fc6c277c4b","block_type":"box","text":"The Fund invests in securities which are denominated in currencies other than the share class currency. Movements in currency exchange rates can affec","page_number":2,"box":{"x":38,"y":338,"width":759,"height":8}},{"id":"39fd1f79-e5e6-4890-956d-28526352ebb0","block_type":"box","text":"t the return of","page_number":2,"box":{"x":798,"y":338,"width":71,"height":6}},{"id":"55236f63-e15c-4ea5-869f-bdf8b87f6c39","block_type":"box","text":"investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates but these risks cannot be","page_number":2,"box":{"x":39,"y":347,"width":769,"height":8}},{"id":"0ac28d97-f765-498a-9375-d3c91c39dfbd","block_type":"box","text":"eliminated entirely. As","page_number":2,"box":{"x":812,"y":347,"width":110,"height":8}},{"id":"4e7d1b2c-bd0d-4c65-bdb5-0283e2796cc4","block_type":"box","text":"this information relates to a share class where such techniques are used, for the purposes of the “Past performance” section above, the performa","page_number":2,"box":{"x":38,"y":357,"width":727,"height":7}},{"id":"a1604407-7256-4698-ae42-eb5ce085d19f","block_type":"box","text":"nce of this share class is shown","page_number":2,"box":{"x":766,"y":357,"width":154,"height":6}},{"id":"55d19739-8ff0-40e3-b788-bbd19c212d45","block_type":"box","text":"against the Bloomberg Global Aggregate Float Adjusted Corporate Index in EUR (the “Hedged Index”), which is a currency hedged version of the I","page_number":2,"box":{"x":39,"y":366,"width":724,"height":8}},{"id":"16c808c4-0272-4aba-8faa-43e8247d7509","block_type":"box","text":"ndex.","page_number":2,"box":{"x":764,"y":366,"width":25,"height":6}},{"id":"2f66ecc2-f88b-4c7c-be6c-0bc4717df561","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":380,"width":88,"height":8}},{"id":"e7bba281-d815-450e-97e0-805241e07322","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":429,"width":167,"height":8}},{"id":"f9bd4fad-b530-44bb-98b4-4b7fdb94285e","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":2,"box":{"x":38,"y":965,"width":658,"height":8}},{"id":"3093b89f-3491-4aa6-8677-8830f997df6d","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":696,"width":117,"height":7}},{"id":"8bee1bc1-d07c-44c0-abae-cec393d7a3bb","block_type":"box","text":"The value of bonds and fixed income-related securities is affected by influential factors such as interest rates, inflation, credit spreads and volati","page_number":2,"box":{"x":38,"y":710,"width":721,"height":8}},{"id":"6b089363-4c8e-4eed-b2d4-0e31b8f60f9c","block_type":"box","text":"lity which, in turn, are driven by","page_number":2,"box":{"x":761,"y":710,"width":154,"height":8}},{"id":"872a1453-67a0-4b45-bd36-bd3435011932","block_type":"box","text":"other factors including political, economic news, company earnings and significant corporate events. Currency hedging may not completely eliminate cur","page_number":2,"box":{"x":39,"y":720,"width":760,"height":8}},{"id":"5d09f636-9005-4ee8-88d0-5ed908257dde","block_type":"box","text":"rency risk in the Fund, and","page_number":2,"box":{"x":800,"y":720,"width":129,"height":8}},{"id":"3380de0b-6b9b-40e7-8eee-07142cf2c3b3","block_type":"box","text":"may affect the performance of the Fund.","page_number":2,"box":{"x":39,"y":730,"width":205,"height":7}},{"id":"aefb75a6-2d1f-4ecf-95a1-081a7e70940c","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":744,"width":734,"height":8}},{"id":"7e602783-c663-45c1-9eac-5b8c2824e3c7","block_type":"box","text":"er instruments, may expose the","page_number":2,"box":{"x":774,"y":744,"width":157,"height":8}},{"id":"ab6b1a38-1c13-433a-8d08-1147fc869399","block_type":"box","text":"Fund to financial loss.","page_number":2,"box":{"x":39,"y":754,"width":107,"height":6}},{"id":"da8cfe70-ba81-4200-b85e-622edaaead61","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":768,"width":627,"height":7}},{"id":"276c449d-6e68-4e2e-8d8a-f9de47090aa4","block_type":"box","text":"Credit risk. The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due.","page_number":2,"box":{"x":39,"y":782,"width":608,"height":8}},{"id":"4f6a266d-136b-4076-bd53-eb309e111e29","block_type":"box","text":"Index tracking risk. The Fund is not expected to track the performance of the Index at all times with perfect accuracy. The Fund is, however, expected","page_number":2,"box":{"x":39,"y":796,"width":743,"height":8}},{"id":"6ee315bc-5865-4061-8b30-9ccb1ea04ae9","block_type":"box","text":"to provide investment results","page_number":2,"box":{"x":786,"y":796,"width":145,"height":8}},{"id":"011702dc-1ebe-4670-bb0b-01f9ffab0fc7","block_type":"box","text":"that, before expenses, generally correspond to the price and yield performance of the Index.","page_number":2,"box":{"x":38,"y":806,"width":458,"height":8}},{"id":"b9262ed9-4405-46ad-afb9-5ed583da628d","block_type":"box","text":"Index sampling risk. As the Fund uses an index sampling technique whereby a representative sample of securities are selected to represent the Index, t","page_number":2,"box":{"x":39,"y":820,"width":749,"height":8}},{"id":"19074ae2-6f05-4bf2-bc28-f0608bd00fba","block_type":"box","text":"here is the risk that the","page_number":2,"box":{"x":789,"y":820,"width":115,"height":6}},{"id":"488797cc-5f09-49d4-a572-2f7b3af6b77b","block_type":"box","text":"securities selected for the Fund may not, in the aggregate, approximate the full Index.","page_number":2,"box":{"x":39,"y":830,"width":428,"height":8}},{"id":"ec01af82-f53d-4b7d-9c5e-ad016e69bdb0","block_type":"box","text":"Inflation risk. The value of your investments may not be worth as much in the future due to changes in purchasing power resulting from inflation.","page_number":2,"box":{"x":39,"y":844,"width":721,"height":8}},{"id":"7ba1f0d9-762f-45fb-8f88-d4dcafbd33b9","block_type":"box","text":"Please also read the risk factors section in the prospectus and the Key Investor Information Document, both of which are available on the Vanguard web","page_number":2,"box":{"x":39,"y":860,"width":772,"height":7}},{"id":"49c3df65-d94b-4944-a255-4409a87a5b19","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":860,"width":22,"height":6}},{"id":"dee192fe-6fc3-4b23-a021-0336b4a33638","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":95,"width":87,"height":6}},{"id":"a618d57c-045b-42b0-8cd4-ad9a4ed6177d","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":96,"width":20,"height":5}},{"id":"02b14f1e-6af7-4332-b342-f0399bed84a3","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":96,"width":47,"height":5}},{"id":"b572144b-c399-4e8a-9f44-0e24b25aef8f","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":107,"width":73,"height":5}},{"id":"183bdea8-be9f-4fd8-8978-42568d0b408c","block_type":"box","text":"11,193","page_number":3,"box":{"x":601,"y":107,"width":28,"height":6}},{"id":"ee2aa710-c4cc-4523-b281-ddaa5c0b924f","block_type":"box","text":"18,509","page_number":3,"box":{"x":782,"y":107,"width":29,"height":6}},{"id":"d812911a-37c4-48ce-b12b-718cd9f4fe4a","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":118,"width":60,"height":5}},{"id":"9eb10892-3625-4a47-b8ac-f9d7f4aa5c3c","block_type":"box","text":"5.48%","page_number":3,"box":{"x":603,"y":118,"width":27,"height":5}},{"id":"9484ba0e-5fca-4a26-bcc2-30c6ae86c9ad","block_type":"box","text":"5.51%","page_number":3,"box":{"x":785,"y":118,"width":26,"height":5}},{"id":"687147b0-02f7-4bce-8d67-872730c555ae","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":130,"width":69,"height":6}},{"id":"19351f6d-2c09-4eef-a038-7a8755538fb6","block_type":"box","text":"4.3%","page_number":3,"box":{"x":609,"y":130,"width":21,"height":5}},{"id":"bee3cca9-eec3-4ba2-b379-5ab607f25218","block_type":"box","text":"4.2%","page_number":3,"box":{"x":790,"y":130,"width":21,"height":5}},{"id":"03b18089-869c-484b-bc4b-86717b51617e","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":142,"width":76,"height":6}},{"id":"b9ef1ce9-58ce-4681-a163-92a94f56fae6","block_type":"box","text":"8.3 years","page_number":3,"box":{"x":592,"y":141,"width":38,"height":7}},{"id":"cb743323-e636-48c3-a515-55544fcdf057","block_type":"box","text":"8.3 years","page_number":3,"box":{"x":773,"y":141,"width":39,"height":7}},{"id":"e7d3396b-397e-4918-9e42-d18d86d461d6","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":153,"width":67,"height":6}},{"id":"c8b2acf3-76ff-499b-baa3-bbebb307ed51","block_type":"box","text":"A-","page_number":3,"box":{"x":621,"y":153,"width":9,"height":5}},{"id":"ce1adfd2-0db4-4efb-bc62-7e2d60ea10dd","block_type":"box","text":"A-","page_number":3,"box":{"x":802,"y":153,"width":10,"height":5}},{"id":"88c703e5-0b37-4815-af39-a9977233c347","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":164,"width":74,"height":7}},{"id":"2d5634a2-b34a-400e-bee8-86581408755f","block_type":"box","text":"5.5 years","page_number":3,"box":{"x":592,"y":165,"width":38,"height":6}},{"id":"db048774-a3eb-484d-a22a-b4453718adf9","block_type":"box","text":"5.5 years","page_number":3,"box":{"x":773,"y":165,"width":39,"height":6}},{"id":"fff1d0b6-5029-4498-9c4b-34cda46fc09a","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":176,"width":75,"height":5}},{"id":"949b0d06-7ea8-4ee5-a882-17daa602933e","block_type":"box","text":"-0.7%","page_number":3,"box":{"x":605,"y":176,"width":25,"height":5}},{"id":"01fb7b78-a20f-47dd-923e-77a5186bde5f","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":179,"width":7,"height":1}},{"id":"b686cf0e-adbb-4974-b919-aca0a9f530c2","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":188,"width":58,"height":5}},{"id":"5c4bda5d-ff32-4524-a02e-b66478c9eb4d","block_type":"box","text":"22%","page_number":3,"box":{"x":611,"y":188,"width":19,"height":5}},{"id":"2073722e-bd31-480e-8b92-67146ea9c820","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":191,"width":7,"height":0}},{"id":"0727d7ea-709a-4c9e-b9fb-eb118558a7f0","block_type":"box","text":"The PTR (Portfolio Turnover Rate) approach considers the total security purchases and sales, the total subscriptions and redemptions and the average","page_number":3,"box":{"x":38,"y":201,"width":644,"height":6}},{"id":"3c93585b-802b-4b92-a129-580d842f5b9d","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":201,"width":105,"height":5}},{"id":"517def79-594b-42f9-94ad-335bc1bb75d0","block_type":"box","text":"calculate the turnover figure. Yield to Worst is based on the local currencies of the underlying holdings. As such, the actual yield received in the s","page_number":3,"box":{"x":39,"y":210,"width":613,"height":6}},{"id":"3b1d951d-30f9-4e69-a506-37e5f0999a15","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":210,"width":168,"height":6}},{"id":"48bcc9c9-fcfc-4a52-b89d-8daa7edd4c76","block_type":"box","text":"yield to maturity stated. Data as at 30 September 2026.","page_number":3,"box":{"x":38,"y":219,"width":243,"height":6}},{"id":"19e837ee-7de8-4f4d-b50b-2870c262164d","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":246,"width":99,"height":6}},{"id":"22fa1693-bceb-4553-8c60-64e9a7e1877d","block_type":"box","text":"United States","page_number":3,"box":{"x":163,"y":268,"width":58,"height":5}},{"id":"91a2daa6-c1b7-4908-a879-fd78b92d08ec","block_type":"box","text":"59.9","page_number":3,"box":{"x":434,"y":268,"width":18,"height":5}},{"id":"4b5c8075-bf40-4558-87e5-81164fb60c03","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":268,"width":8,"height":5}},{"id":"cecd61b1-fcb8-48be-9d18-960683e976d9","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":163,"y":279,"width":68,"height":6}},{"id":"b9e14d84-d438-474c-b04d-57d38ea159c5","block_type":"box","text":"6.7","page_number":3,"box":{"x":439,"y":279,"width":13,"height":5}},{"id":"d357363c-0460-4d97-94e9-89b3599109ce","block_type":"box","text":"France","page_number":3,"box":{"x":163,"y":290,"width":28,"height":5}},{"id":"635e5274-02c0-4b6f-b639-e42b1b025866","block_type":"box","text":"6.0","page_number":3,"box":{"x":439,"y":290,"width":13,"height":5}},{"id":"1bf5fcc9-2434-48ba-86ef-41029574917a","block_type":"box","text":"Canada","page_number":3,"box":{"x":162,"y":301,"width":33,"height":5}},{"id":"1d13d367-3ad9-43f0-9916-57fd4b45821b","block_type":"box","text":"4.6","page_number":3,"box":{"x":439,"y":301,"width":13,"height":5}},{"id":"35febec3-6448-446b-81f2-55de5c023637","block_type":"box","text":"Germany","page_number":3,"box":{"x":162,"y":312,"width":39,"height":6}},{"id":"09dd3675-d7e5-465b-b677-56f436d68cf3","block_type":"box","text":"4.2","page_number":3,"box":{"x":439,"y":312,"width":13,"height":5}},{"id":"f70a289b-cca2-49b1-ade4-729c4d2f3e00","block_type":"box","text":"Japan","page_number":3,"box":{"x":511,"y":268,"width":26,"height":6}},{"id":"2e2edf94-78af-4a48-9e8f-ae2e37addd47","block_type":"box","text":"2.6","page_number":3,"box":{"x":786,"y":268,"width":13,"height":5}},{"id":"0f7da7bf-b412-4de3-9446-8b972e2c0a0b","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":268,"width":8,"height":5}},{"id":"8cc69c8b-2e3a-42fd-97c8-e1c9e9b96784","block_type":"box","text":"Australia","page_number":3,"box":{"x":511,"y":279,"width":38,"height":5}},{"id":"95f6cd4f-a7f6-46b1-89dd-4704808c74f3","block_type":"box","text":"2.1","page_number":3,"box":{"x":786,"y":279,"width":13,"height":5}},{"id":"6c09298e-bb72-4e32-83ab-472b5924b717","block_type":"box","text":"Spain","page_number":3,"box":{"x":511,"y":290,"width":24,"height":6}},{"id":"bea6fbb3-aac8-4161-85b7-2d2588f93d3c","block_type":"box","text":"1.9","page_number":3,"box":{"x":787,"y":290,"width":12,"height":5}},{"id":"a56d61d4-19f2-496f-ab74-4058b74e4a92","block_type":"box","text":"Italy","page_number":3,"box":{"x":512,"y":301,"width":18,"height":6}},{"id":"16ceeebc-f76e-49d9-903d-f42f44cadd49","block_type":"box","text":"1.8","page_number":3,"box":{"x":787,"y":301,"width":12,"height":5}},{"id":"b469ccd8-aa59-4c02-9367-4a09504fe5c8","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":512,"y":312,"width":51,"height":5}},{"id":"ed3700f3-2815-4af7-885b-4b26ead5a16b","block_type":"box","text":"1.7","page_number":3,"box":{"x":787,"y":312,"width":12,"height":5}},{"id":"636a1a24-d0a6-432a-9e41-e968aa392365","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":344,"width":240,"height":8}},{"id":"9fd379fa-7f17-40a8-9ddb-54d1df29c51d","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":445,"width":229,"height":7}},{"id":"a1071457-08fa-4212-9c01-cdf2ed58643a","block_type":"box","text":"AAA","page_number":3,"box":{"x":163,"y":467,"width":19,"height":5}},{"id":"cc9fb120-4b93-4730-ac12-c70560e33b80","block_type":"box","text":"0.5","page_number":3,"box":{"x":441,"y":467,"width":12,"height":5}},{"id":"b6f11a34-3e03-4a15-921c-55a82c0d3a53","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":467,"width":8,"height":5}},{"id":"fce6205c-4cff-4c05-864e-b97bcbc0b0f0","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":512,"y":467,"width":43,"height":5}},{"id":"2a67679e-dd61-494c-a273-e20e69d4a0d0","block_type":"box","text":"0.7","page_number":3,"box":{"x":786,"y":467,"width":13,"height":5}},{"id":"0a0584f4-e6e6-4375-9ff2-3c459202df0e","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":467,"width":8,"height":5}},{"id":"0784fdb6-9529-4173-864b-a5a95ffd4a37","block_type":"box","text":"AA","page_number":3,"box":{"x":163,"y":478,"width":12,"height":5}},{"id":"767f016e-a537-4210-a3ad-50d7de7d1133","block_type":"box","text":"9.8","page_number":3,"box":{"x":441,"y":478,"width":12,"height":5}},{"id":"a15baec1-5eca-4b6b-97ea-93d71e886d36","block_type":"box","text":"A","page_number":3,"box":{"x":163,"y":489,"width":6,"height":5}},{"id":"423bfa2f-a192-441b-a9c0-5e04b09ba670","block_type":"box","text":"43.5","page_number":3,"box":{"x":435,"y":489,"width":18,"height":5}},{"id":"adc3da49-b657-4f47-b0d7-89f97574e0ff","block_type":"box","text":"BBB","page_number":3,"box":{"x":164,"y":500,"width":17,"height":5}},{"id":"16e37065-5500-4e02-9430-f9fed38d05ff","block_type":"box","text":"45.5","page_number":3,"box":{"x":435,"y":500,"width":18,"height":5}},{"id":"304fd293-b3ee-430f-8a65-1665f96e7d6e","block_type":"box","text":"Less than BBB","page_number":3,"box":{"x":164,"y":511,"width":61,"height":5}},{"id":"b684af12-0f7f-49ab-b264-7a9a8521dfac","block_type":"box","text":"0.0","page_number":3,"box":{"x":441,"y":511,"width":12,"height":5}},{"id":"59438387-6e66-4cca-834f-9099b3847455","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":583,"width":186,"height":7}},{"id":"b0931173-6c4e-4557-a162-b9b2c39e398c","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":718,"width":90,"height":8}},{"id":"3995218e-26de-4b1b-b7b9-b62784c55fd7","block_type":"box","text":"Vanguard Global Corporate Bond Index Fund","page_number":3,"box":{"x":38,"y":31,"width":610,"height":19}},{"id":"f56ddd3a-3b41-4fc5-8d97-c9744a07e615","block_type":"box","text":"Institutional Plus EUR Hedged Acc","page_number":3,"box":{"x":40,"y":55,"width":290,"height":13}},{"id":"624fe748-0730-409f-a1f0-27e0f219c4f1","block_type":"box","text":"Data as at 30 September 2026 unless otherwise stated.","page_number":3,"box":{"x":39,"y":71,"width":318,"height":8}},{"id":"24077d28-2b30-4d49-a528-d16319b8516b","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":3,"box":{"x":38,"y":968,"width":658,"height":8}},{"id":"376f9b24-b1b4-4cc0-94cb-3debeee15b6a","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":162,"y":603,"width":97,"height":7}},{"id":"0a9f33db-6734-4c62-8bf0-d4511d390e34","block_type":"box","text":"51.6","page_number":3,"box":{"x":434,"y":603,"width":18,"height":5}},{"id":"3421b59a-2059-4419-b1c2-3548691d6f17","block_type":"box","text":"%","page_number":3,"box":{"x":453,"y":603,"width":8,"height":5}},{"id":"b50518d9-f165-4d64-bb22-b24d05bffe9e","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":162,"y":615,"width":140,"height":7}},{"id":"2953b937-b7a5-4aac-95ce-966b0795cba0","block_type":"box","text":"38.1","page_number":3,"box":{"x":434,"y":615,"width":18,"height":5}},{"id":"2af96882-7673-4bab-8741-39e21aeb006c","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":162,"y":627,"width":84,"height":7}},{"id":"9d785ae2-c8c1-4be4-88a2-0e3dc526e12d","block_type":"box","text":"9.8","page_number":3,"box":{"x":439,"y":627,"width":13,"height":5}},{"id":"d4e7f884-fe5f-43e5-8fbd-3f2924496fc6","block_type":"box","text":"Other","page_number":3,"box":{"x":162,"y":639,"width":25,"height":5}},{"id":"6e57a324-3895-4bc6-86bd-848b5c23c956","block_type":"box","text":"0.8","page_number":3,"box":{"x":439,"y":639,"width":13,"height":5}},{"id":"7ef83164-93a7-45e3-a8d4-69bf6f71c02c","block_type":"box","text":"Provincials/municipals","page_number":3,"box":{"x":162,"y":651,"width":95,"height":7}},{"id":"afef400e-80ea-4b1d-81a3-71635a02a79d","block_type":"box","text":"0.2","page_number":3,"box":{"x":439,"y":651,"width":13,"height":5}},{"id":"85c61535-3c68-4f24-bc8b-752eaacc6969","block_type":"box","text":"Treasury/federal","page_number":3,"box":{"x":511,"y":603,"width":72,"height":7}},{"id":"5012d787-f1cd-4a6f-b8cf-1cd40eebd445","block_type":"box","text":"0.1","page_number":3,"box":{"x":786,"y":603,"width":13,"height":5}},{"id":"a19cf9a0-51c2-4183-a336-28afc00e63f5","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":603,"width":8,"height":5}},{"id":"06b81089-b3d0-4b58-997d-93e06f2b8a75","block_type":"box","text":"Cash*","page_number":3,"box":{"x":511,"y":615,"width":25,"height":5}},{"id":"ca52a302-2b9a-4469-aac8-98315dff06b2","block_type":"box","text":"-0.7","page_number":3,"box":{"x":783,"y":615,"width":16,"height":5}},{"id":"0d79c982-bd5e-49da-8175-0932a72217cb","block_type":"box","text":"Glossary for fund characteristics","page_number":3,"box":{"x":39,"y":744,"width":184,"height":8}},{"id":"557ae431-241c-4b43-8836-d321e65496e1","block_type":"box","text":"The fund characteristics section above contains a number of metrics that professional investors use to value individual stocks against a market or ind","page_number":3,"box":{"x":38,"y":760,"width":745,"height":8}},{"id":"de5e73e5-f6ad-441f-aa59-9765e73a7d57","block_type":"box","text":"ex average. These","page_number":3,"box":{"x":784,"y":760,"width":88,"height":8}},{"id":"65d07af4-86d3-4452-8b8e-6da749f5fb20","block_type":"box","text":"metrics can also be used to value and compare funds to the market by taking the average of all the stocks held in the fund and comparing them to those","page_number":3,"box":{"x":39,"y":769,"width":761,"height":8}},{"id":"c92bb452-4564-485a-b888-0004b709a2eb","block_type":"box","text":"of the fund’s","page_number":3,"box":{"x":803,"y":769,"width":63,"height":7}},{"id":"23ae37d4-e304-4eda-963d-9e49aaa2fa45","block_type":"box","text":"benchmark index. We’ve provided a definition of the terms used for your convenience.","page_number":3,"box":{"x":39,"y":779,"width":426,"height":7}},{"id":"4586c8f6-6b55-44ba-a279-9282d2d903c6","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":793,"width":72,"height":6}},{"id":"fef743bb-b7ed-4455-802e-2eb2a8139a82","block_type":"box","text":"applies when the portfolio is invested into callable bonds. When it is not the case Yield to worst=Yield to maturity.","page_number":3,"box":{"x":113,"y":792,"width":566,"height":8}},{"id":"c316c88a-6d04-43a1-a5fb-37cfa57077f8","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":806,"width":82,"height":8}},{"id":"64d2acf2-31d2-4370-92d2-b29bae257e1c","block_type":"box","text":"is the average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.","page_number":3,"box":{"x":123,"y":806,"width":612,"height":8}},{"id":"0093c084-22f4-4510-b2e6-54609c68f859","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":820,"width":91,"height":8}},{"id":"bbd50b23-ded6-40df-be15-cdfd61ef27ef","block_type":"box","text":"is the average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility t","page_number":3,"box":{"x":132,"y":820,"width":719,"height":8}},{"id":"ca4de183-466d-4814-af30-a4fd6bd9a578","block_type":"box","text":"hat the","page_number":3,"box":{"x":852,"y":820,"width":35,"height":6}},{"id":"18e3ff17-786c-408c-8965-945796a39a68","block_type":"box","text":"issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects an","page_number":3,"box":{"x":39,"y":829,"width":727,"height":8}},{"id":"eb659262-d4e2-471d-b161-b6baef41ed1a","block_type":"box","text":"y futures contracts held. In","page_number":3,"box":{"x":767,"y":829,"width":133,"height":8}},{"id":"9893a7e3-585c-4589-bcb7-b89db88efd1a","block_type":"box","text":"general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.","page_number":3,"box":{"x":39,"y":839,"width":710,"height":7}},{"id":"b19ebe61-387d-4bdf-8aa6-12fb6c1d7972","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":852,"width":81,"height":8}},{"id":"33881bb9-9b5a-4a8f-9b11-294b535dfc23","block_type":"box","text":"is an indicator of credit risk. This figure is the average of the ratings assigned to a fund’s fixed income holdings by credit-rating agencies. Th","page_number":3,"box":{"x":122,"y":852,"width":694,"height":8}},{"id":"f74f85a8-4225-4557-8b18-bb8d08ba8f91","block_type":"box","text":"e agencies make","page_number":3,"box":{"x":818,"y":852,"width":81,"height":8}},{"id":"3697e6cd-840c-448b-930d-b81711979c60","block_type":"box","text":"their judgment after appraising an issuer’s ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most cred","page_number":3,"box":{"x":38,"y":862,"width":717,"height":7}},{"id":"645ddf48-cd02-42f1-8c78-b4f1a66a767a","block_type":"box","text":"itworthy bond issuers.","page_number":3,"box":{"x":756,"y":862,"width":109,"height":7}},{"id":"d92f82af-95b4-4937-b435-c80134709777","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":875,"width":88,"height":8}},{"id":"004e3f99-580e-46b7-9f98-47b745c0fabc","block_type":"box","text":"is an estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could","page_number":3,"box":{"x":130,"y":875,"width":735,"height":8}},{"id":"d4c666f2-d0a1-4fbb-8f51-b1ede7335811","block_type":"box","text":"change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an a","page_number":3,"box":{"x":39,"y":885,"width":729,"height":8}},{"id":"c169cdf1-472f-447e-b2a2-b858a0292d94","block_type":"box","text":"verage duration of five","page_number":3,"box":{"x":769,"y":885,"width":114,"height":8}},{"id":"b67a91f4-e061-4dab-8bd7-98353d11fede","block_type":"box","text":"years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.","page_number":3,"box":{"x":38,"y":894,"width":505,"height":8}},{"id":"0e29fdac-41f1-47bf-97d2-702cb0dee1d6","block_type":"box","text":"Distribution yield","page_number":3,"box":{"x":39,"y":908,"width":86,"height":8}},{"id":"75fd3cad-dc60-4e38-91e3-1255fc93b571","block_type":"box","text":"reflects the amounts that may be expected to be distributed over the next twelve months as a percentage of mid-market unit price as at the date shown","page_number":3,"box":{"x":129,"y":908,"width":765,"height":8}},{"id":"e9881e0f-431e-4f3a-ac1b-1ec63c2a020f","block_type":"box","text":".","page_number":3,"box":{"x":895,"y":913,"width":1,"height":1}},{"id":"4d73f051-152f-4493-97ee-20a21a773ba1","block_type":"box","text":"It is based on a snapshot of the portfolio on that day. It does not include preliminary charge and investors may be subject to tax on distributions.","page_number":3,"box":{"x":39,"y":917,"width":719,"height":8}},{"id":"5984b0f7-6d03-46e9-8126-4070a376518d","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":511,"y":365,"width":56,"height":5}},{"id":"a7a27646-58cf-4e58-859c-1aa4c9a8a391","block_type":"box","text":"5.0","page_number":3,"box":{"x":786,"y":365,"width":13,"height":5}},{"id":"97a03330-8434-4ca1-9cba-98ef4df5c00e","block_type":"box","text":"%","page_number":3,"box":{"x":800,"y":365,"width":8,"height":5}},{"id":"3e3c5bc2-63ed-43a8-9c6b-581aae5ade3c","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":511,"y":376,"width":60,"height":5}},{"id":"2c45c4d2-50e9-4de6-8338-180f90354ebc","block_type":"box","text":"8.4","page_number":3,"box":{"x":786,"y":376,"width":13,"height":5}},{"id":"80dd29f9-87df-4676-8f8b-c5965d0c425c","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":164,"y":365,"width":55,"height":5}},{"id":"cb5bd3af-f1e0-480b-9c12-427ebf0c4444","block_type":"box","text":"0.1","page_number":3,"box":{"x":441,"y":365,"width":12,"height":5}},{"id":"0f8be393-d74c-4178-9613-1bb417d5ce5a","block_type":"box","text":"%","page_number":3,"box":{"x":454,"y":365,"width":8,"height":5}},{"id":"a70e2d2f-a710-4106-b155-36354c03a8cb","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":164,"y":376,"width":44,"height":5}},{"id":"7d12a4e9-6da3-4cda-8685-87ade84a32a0","block_type":"box","text":"43.6","page_number":3,"box":{"x":435,"y":376,"width":18,"height":5}},{"id":"a89d5c79-43bb-413e-a258-8c1dd51491b4","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":163,"y":387,"width":51,"height":5}},{"id":"e2ec08dd-bdb3-4ed2-b7b3-0a337a609932","block_type":"box","text":"31.5","page_number":3,"box":{"x":435,"y":387,"width":18,"height":5}},{"id":"94ade68d-c4d8-44fc-88c5-db437f26078b","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":164,"y":398,"width":56,"height":5}},{"id":"9473cf98-ec29-4d1b-a955-bcde171288e4","block_type":"box","text":"6.6","page_number":3,"box":{"x":441,"y":398,"width":12,"height":5}},{"id":"1e8107cb-8b2c-411c-883e-66b2a307543d","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":164,"y":409,"width":56,"height":5}},{"id":"543e8eeb-4e04-4888-bc1d-f66245bcff7e","block_type":"box","text":"4.8","page_number":3,"box":{"x":441,"y":409,"width":12,"height":5}},{"id":"fb42c4fe-9042-4a23-84b5-48592d5fafe5","block_type":"box","text":"*The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result","page_number":3,"box":{"x":39,"y":672,"width":748,"height":7}},{"id":"6a76225f-3a03-410a-953f-44dbd773a3c0","block_type":"box","text":"in negative weightings.","page_number":3,"box":{"x":790,"y":672,"width":114,"height":7}},{"id":"dafc1351-1eae-40cf-8598-51363ca6586d","block_type":"box","text":"The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. A","page_number":3,"box":{"x":38,"y":682,"width":781,"height":8}},{"id":"d79e1ecb-2cef-4201-9ecb-1796e6f87c44","block_type":"box","text":"llocations are","page_number":3,"box":{"x":820,"y":682,"width":66,"height":6}},{"id":"e09fe9ee-3a17-4b0d-a54d-03b592b07182","block_type":"box","text":"subject to change. Cash includes physical cash on the account, cash like instruments (such as ultra-short term treasury bonds) and derivative instru","page_number":3,"box":{"x":39,"y":693,"width":734,"height":8}},{"id":"68d1fbbc-aa55-49bc-83fe-2f835aae2a94","block_type":"box","text":"ments.","page_number":3,"box":{"x":774,"y":694,"width":33,"height":5}},{"id":"1edbbf56-f441-4ba4-ab53-5a0302b91419","block_type":"box","text":"Credit-quality ratings for each issue are obtained from Bloomberg using ratings derived from Moody’s Investors Service, Fitch Ratings and Standard","page_number":3,"box":{"x":39,"y":537,"width":739,"height":8}},{"id":"b7ba24da-f8b9-4dbb-936b-e4ac6efeef2b","block_type":"box","text":"& Poor’s. When ratings","page_number":3,"box":{"x":782,"y":537,"width":114,"height":8}},{"id":"ccd4e628-b407-4bef-97bf-6a99453422e3","block_type":"box","text":"from all three agencies are available, the median rating is used. When ratings are available from two of the agencies, the lower rating is used. When","page_number":3,"box":{"x":38,"y":548,"width":739,"height":8}},{"id":"87023c24-f4ec-4a76-a120-dfacc140c290","block_type":"box","text":"one rating is available,","page_number":3,"box":{"x":781,"y":548,"width":110,"height":8}},{"id":"25ffd79c-2201-497c-ba9c-68b308de4e51","block_type":"box","text":"that rating is used.","page_number":3,"box":{"x":38,"y":559,"width":94,"height":7}},{"id":"1fb99fad-c63f-442c-bc6c-b45595803126","block_type":"box","text":"Vanguard Global Corporate Bond Index Fund","page_number":4,"box":{"x":38,"y":32,"width":645,"height":20}},{"id":"80f27f7b-c21c-4f65-8d4b-726c6f9ae179","block_type":"box","text":"Institutional Plus EUR Hedged Acc","page_number":4,"box":{"x":40,"y":57,"width":290,"height":13}},{"id":"03460e62-42a1-47d2-bcb6-f29c195f6d10","block_type":"box","text":"9430EN_092026","page_number":4,"box":{"x":894,"y":971,"width":72,"height":6}},{"id":"b348fa8b-d5fb-421b-b5a1-2781a3aa131e","block_type":"box","text":"Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority.","page_number":4,"box":{"x":39,"y":961,"width":627,"height":7}},{"id":"903c121d-af22-4dfc-b078-faf9a3426855","block_type":"box","text":"© 2026 Vanguard Asset Management, Limited. All rights reserved.","page_number":4,"box":{"x":39,"y":970,"width":323,"height":7}},{"id":"c255cb48-be8e-4490-961e-2074fc2754c2","block_type":"box","text":"For more information contact your local sales team or:","page_number":4,"box":{"x":39,"y":426,"width":305,"height":8}},{"id":"6430248d-919b-4493-99d3-1d4f921e8008","block_type":"box","text":"Web: http://global.vanguard.com","page_number":4,"box":{"x":38,"y":439,"width":169,"height":8}},{"id":"4a20ebbc-3292-4aa6-8029-3dfc42630c0f","block_type":"box","text":"Transfer Agent (Europe): Tel. +353 1 241 7144","page_number":4,"box":{"x":38,"y":450,"width":224,"height":7}},{"id":"20608f8e-156c-4920-8811-21fb3078b688","block_type":"box","text":"Client Services (Europe): Tel. +44 (0)203 753 4305","page_number":4,"box":{"x":39,"y":460,"width":250,"height":8}},{"id":"3555ab80-5051-465a-8fa6-5fb6e3436e61","block_type":"box","text":"Email:","page_number":4,"box":{"x":39,"y":471,"width":30,"height":6}},{"id":"85834b82-583f-4386-9031-d46f34844b89","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":4,"box":{"x":73,"y":471,"width":209,"height":7}},{"id":"f64fcd14-4d96-4345-bb9d-7f4c71df2a4a","block_type":"box","text":"Important information","page_number":4,"box":{"x":39,"y":490,"width":126,"height":7}},{"id":"1e9e4f96-2e7f-473f-aa4e-1e59800ad6c7","block_type":"box","text":"This is a marketing communication.","page_number":4,"box":{"x":38,"y":507,"width":179,"height":8}},{"id":"8512dbdc-c691-4676-8d15-8997383cc633","block_type":"box","text":"This document is directed at professional investors and should not be distributed to, or relied upon by retail investors.","page_number":4,"box":{"x":38,"y":525,"width":595,"height":7}},{"id":"d05213fc-6be0-472e-92c7-e4b8eeafb24f","block_type":"box","text":"For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID before making any fin","page_number":4,"box":{"x":39,"y":544,"width":744,"height":7}},{"id":"28fa1794-1b6f-484d-852b-0b6dbd396fd0","block_type":"box","text":"al investment decisions. The","page_number":4,"box":{"x":785,"y":544,"width":138,"height":6}},{"id":"89403463-4593-495f-b923-da09d59fcb0f","block_type":"box","text":"KIID for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/.","page_number":4,"box":{"x":39,"y":553,"width":548,"height":8}},{"id":"414545e0-c1e6-4add-9130-1251d237eae5","block_type":"box","text":"This document is designed for use by and is directed only at persons resident in the UK.","page_number":4,"box":{"x":38,"y":567,"width":432,"height":7}},{"id":"23af5b61-77c5-4627-a830-720e2ebe2f1d","block_type":"box","text":"The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any ju","page_number":4,"box":{"x":38,"y":580,"width":709,"height":8}},{"id":"07c318fa-c997-4790-afb7-9ef4ad0f4100","block_type":"box","text":"risdiction where such an offer or","page_number":4,"box":{"x":748,"y":580,"width":161,"height":7}},{"id":"e1a832a5-797e-48e2-870d-93f1dd99c329","block_type":"box","text":"solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solic","page_number":4,"box":{"x":39,"y":590,"width":716,"height":8}},{"id":"8cb12580-3a5c-4ad4-bb66-242cfa4f461c","block_type":"box","text":"itation is not qualified to do so. The","page_number":4,"box":{"x":756,"y":590,"width":175,"height":7}},{"id":"cf11b3f1-b71f-4a61-b3a6-c7e8fef2b190","block_type":"box","text":"information in this document is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult t","page_number":4,"box":{"x":39,"y":599,"width":733,"height":8}},{"id":"ede887d9-1434-478c-92c1-300b0313c76e","block_type":"box","text":"heir professional advisers on the","page_number":4,"box":{"x":773,"y":599,"width":160,"height":8}},{"id":"4699cffa-9df7-4d36-be81-6459bc856025","block_type":"box","text":"implications of making an investment in, holding or disposing of ''units/shares'', and the receipt of distribution from any investment.","page_number":4,"box":{"x":39,"y":608,"width":661,"height":8}},{"id":"b590db9a-4986-4648-a4cc-61aa6e31f574","block_type":"box","text":"Vanguard Investment Series plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in","page_number":4,"box":{"x":38,"y":622,"width":717,"height":8}},{"id":"cc46ce23-818a-468a-9ac2-f35f5e13fd62","block_type":"box","text":"certain EEA countries and the UK.","page_number":4,"box":{"x":759,"y":622,"width":168,"height":6}},{"id":"22150cef-aa39-4383-a85e-102c38164b70","block_type":"box","text":"Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own profess","page_number":4,"box":{"x":39,"y":632,"width":743,"height":7}},{"id":"801b3edc-7989-4bc9-87d6-dfb4a9e30c3f","block_type":"box","text":"ional advisers on the","page_number":4,"box":{"x":784,"y":632,"width":101,"height":6}},{"id":"9d033f6b-e7d5-41b0-b8d0-a08df7e40f9a","block_type":"box","text":"implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares und","page_number":4,"box":{"x":39,"y":641,"width":744,"height":8}},{"id":"24e8d3bf-9a30-43b0-bc05-7b8515a9aafe","block_type":"box","text":"er the law of the countries in","page_number":4,"box":{"x":785,"y":641,"width":142,"height":6}},{"id":"c1986384-48ec-49a3-9ad1-9648daecd3fc","block_type":"box","text":"which they are liable to taxation.","page_number":4,"box":{"x":38,"y":651,"width":163,"height":7}},{"id":"b7364f5f-bef6-4dc3-bbb5-87c78466b994","block_type":"box","text":"The Manager of Vanguard Investment Series plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguar","page_number":4,"box":{"x":38,"y":664,"width":758,"height":8}},{"id":"fa27995f-f95a-4c64-a739-199adce1aaa4","block_type":"box","text":"d Investment Series plc.","page_number":4,"box":{"x":797,"y":664,"width":117,"height":8}},{"id":"f03ae578-c174-46f7-b071-5886105051b7","block_type":"box","text":"The Manager of the Ireland-domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in a","page_number":4,"box":{"x":38,"y":680,"width":774,"height":7}},{"id":"88fc8180-6ce6-4d04-a142-b47e4258ab33","block_type":"box","text":"ccordance with the","page_number":4,"box":{"x":813,"y":680,"width":95,"height":6}},{"id":"b1a84304-a5a8-40cc-892f-82309045234f","block_type":"box","text":"UCITS Directive, as may be amended from time to time.","page_number":4,"box":{"x":39,"y":689,"width":278,"height":8}},{"id":"12637dd9-acfa-4d0e-ac69-77fbc35047b0","block_type":"box","text":"For investors in Ireland-domiciled funds, a summary of investor rights can be obtained via","page_number":4,"box":{"x":39,"y":702,"width":445,"height":8}},{"id":"e153fe2a-ef93-4c53-bc2d-9e8c1d8cd5da","block_type":"box","text":"https://www.ie.vanguard/content/dam/intl/europe/documents/en/vanguard-investors-rights-summary-irish-funds-jan22.pdf and is available in English, Ge","page_number":4,"box":{"x":39,"y":711,"width":790,"height":8}},{"id":"01d08e2b-c73f-44d6-9d53-18f6fb590ab3","block_type":"box","text":"rman, French,","page_number":4,"box":{"x":831,"y":712,"width":67,"height":7}},{"id":"421944c4-5d94-494c-ad2f-1bc797af117a","block_type":"box","text":"Spanish, Dutch and Italian.","page_number":4,"box":{"x":39,"y":721,"width":133,"height":8}},{"id":"9d497806-3dd3-4307-87bd-2c800e8767f9","block_type":"box","text":"BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services","page_number":4,"box":{"x":39,"y":750,"width":757,"height":7}},{"id":"5964ea03-bb71-43cc-a3aa-16b2442f42ac","block_type":"box","text":"Limited (“BISL”) (collectively,","page_number":4,"box":{"x":800,"y":750,"width":143,"height":7}},{"id":"08b6769f-676d-45cc-b1f4-e55146ac944c","block_type":"box","text":"“Bloomberg”), or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices.","page_number":4,"box":{"x":39,"y":759,"width":452,"height":8}},{"id":"8b538778-ccd1-4d32-9fdc-be9e053650d8","block_type":"box","text":"The products are not sponsored, endorsed, issued, sold or promoted by “Bloomberg.” Bloomberg makes no representation or warranty, express or imp","page_number":4,"box":{"x":38,"y":773,"width":747,"height":8}},{"id":"cce3689d-9c0a-4e2f-a373-ae075a236b40","block_type":"box","text":"lied, to the owners or","page_number":4,"box":{"x":787,"y":773,"width":104,"height":7}},{"id":"ca097d91-8f38-4be9-a6ba-841d4186a22a","block_type":"box","text":"purchasers of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly","page_number":4,"box":{"x":39,"y":782,"width":729,"height":8}},{"id":"0dfb28e1-a58e-49e4-a856-0c9d21bd9716","block_type":"box","text":"or the ability of the Bloomberg","page_number":4,"box":{"x":771,"y":782,"width":153,"height":8}},{"id":"059073c3-fe4e-446a-99b6-841e42f930df","block_type":"box","text":"Indices to track general bond market performance. Bloomberg shall not pass on the legality or suitability of the products with respect to any person o","page_number":4,"box":{"x":39,"y":792,"width":745,"height":7}},{"id":"f4b962ce-fdb5-4cab-ad22-755302c855c3","block_type":"box","text":"r entity. Bloomberg’s only","page_number":4,"box":{"x":786,"y":792,"width":127,"height":7}},{"id":"f8effce4-a5e1-4813-ac5e-2229048c1f29","block_type":"box","text":"relationship to Vanguard and the products are the licensing of the Bloomberg Indices which are determined, composed and calculated by BISL without reg","page_number":4,"box":{"x":39,"y":801,"width":769,"height":8}},{"id":"7ab59e12-892e-469d-9a7c-2b3d518d6075","block_type":"box","text":"ard to Vanguard or the","page_number":4,"box":{"x":809,"y":801,"width":114,"height":8}},{"id":"2ac5a11c-c787-4b59-b08a-65aa3e3c06fb","block_type":"box","text":"products or any owners or purchasers of the products. Bloomberg has no obligation to take the needs of the products or the owners of the products into","page_number":4,"box":{"x":39,"y":810,"width":760,"height":8}},{"id":"2b9137b2-eb07-432c-9a4f-449b9e8828c0","block_type":"box","text":"consideration in","page_number":4,"box":{"x":802,"y":811,"width":78,"height":6}},{"id":"596def4e-0c77-4281-921e-8fce8d2737ac","block_type":"box","text":"determining, composing or calculating the Bloomberg Indices. Bloomberg shall not be responsible for and has not participated in the determination of t","page_number":4,"box":{"x":39,"y":820,"width":753,"height":8}},{"id":"c927af2b-a74f-40db-9823-f0b514b6537e","block_type":"box","text":"he timing of, prices at, or","page_number":4,"box":{"x":793,"y":820,"width":124,"height":8}},{"id":"3a216a9a-2e81-41a9-a987-f84752bae5ba","block_type":"box","text":"quantities of the products to be issued. Bloomberg shall not have any obligation or liability in connection with the administration, marketing or trad","page_number":4,"box":{"x":39,"y":829,"width":734,"height":8}},{"id":"472d9afb-5329-4efe-93db-049c25a66893","block_type":"box","text":"ing of the products.","page_number":4,"box":{"x":774,"y":829,"width":97,"height":8}},{"id":"06ce67e9-d5a2-4242-84d6-4ebea45ede6b","block_type":"box","text":"SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC.","page_number":4,"box":{"x":39,"y":843,"width":506,"height":8}},{"id":"d7486dd7-c966-454f-ab7b-d4b8675a2fbd","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":4,"box":{"x":39,"y":852,"width":326,"height":8}},{"id":"936c9c16-ecd4-42d8-9bab-5e68ea4d4e8f","block_type":"box","text":"SEDOL Masterfile®.","page_number":4,"box":{"x":368,"y":852,"width":98,"height":6}},{"id":"9ce29cf0-3b28-472f-9714-ac3b3cd4a70a","block_type":"box","text":"Investment risk information","page_number":4,"box":{"x":39,"y":111,"width":156,"height":6}},{"id":"57e92f78-4f12-41ae-a19c-65e393e60616","block_type":"box","text":"The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.","page_number":4,"box":{"x":38,"y":125,"width":603,"height":7}},{"id":"5cda175e-f987-4433-a011-d9994012c2d9","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":4,"box":{"x":39,"y":138,"width":302,"height":8}},{"id":"62a1401f-e9b4-4a9b-ab9f-8d94631c46dd","block_type":"box","text":"Some funds invest in emerging markets which can be more volatile than more established markets. As a result the value of your investment may rise or f","page_number":4,"box":{"x":39,"y":152,"width":761,"height":8}},{"id":"6756d7bb-5aeb-4e1a-beee-e2f5a42763af","block_type":"box","text":"all.","page_number":4,"box":{"x":801,"y":152,"width":13,"height":6}},{"id":"e0c0e1b3-c98c-4c66-affe-ebd7ab357b71","block_type":"box","text":"Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level","page_number":4,"box":{"x":39,"y":166,"width":723,"height":8}},{"id":"508df78b-b58f-4e17-b50f-7dba5d8ea3ce","block_type":"box","text":"of income may fluctuate.","page_number":4,"box":{"x":767,"y":166,"width":124,"height":7}},{"id":"b2c1d5dc-eef2-43e3-aa29-318dc9b43df6","block_type":"box","text":"Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such","page_number":4,"box":{"x":39,"y":175,"width":731,"height":8}},{"id":"2dc4d451-a875-4cfd-9e74-8a6aff88e4e6","block_type":"box","text":"may carry greater credit risk","page_number":4,"box":{"x":774,"y":175,"width":141,"height":8}},{"id":"0741f465-8841-486c-9b3a-644fcc62edf2","block_type":"box","text":"increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in in","page_number":4,"box":{"x":39,"y":185,"width":751,"height":7}},{"id":"494a83dc-cc2a-4b98-90cb-5ed4079c7679","block_type":"box","text":"terest rates are likely to","page_number":4,"box":{"x":792,"y":185,"width":118,"height":7}},{"id":"f8789350-f372-4347-b8c6-e142a401eea4","block_type":"box","text":"affect the capital value of bonds.","page_number":4,"box":{"x":39,"y":194,"width":164,"height":8}},{"id":"8c316258-6a35-416a-afb6-93d6ac9d6e2f","block_type":"box","text":"The Funds may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce","page_number":4,"box":{"x":38,"y":207,"width":744,"height":8}},{"id":"8f6e2bbd-f32e-441f-b173-061c234dcda2","block_type":"box","text":"exposure to underlying","page_number":4,"box":{"x":785,"y":208,"width":112,"height":7}},{"id":"3fbb8cbd-a3db-4abb-a103-29722ad70788","block_type":"box","text":"assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of","page_number":4,"box":{"x":39,"y":217,"width":706,"height":8}},{"id":"a98b9a68-7a90-481a-83b2-404a9fc43aaa","block_type":"box","text":"a financial asset (such as a share,","page_number":4,"box":{"x":748,"y":217,"width":167,"height":7}},{"id":"f5bbecb0-05f0-4a9c-9900-e28ab64edcb3","block_type":"box","text":"bond, or currency) or a market index.","page_number":4,"box":{"x":39,"y":227,"width":182,"height":7}},{"id":"2f91de00-a813-4e26-833d-a7d98838c27d","block_type":"box","text":"Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investmen","page_number":4,"box":{"x":39,"y":240,"width":761,"height":8}},{"id":"fbf307ea-8423-4ee6-828b-34fb147de592","block_type":"box","text":"ts.","page_number":4,"box":{"x":802,"y":241,"width":11,"height":5}},{"id":"ee017276-236f-45d1-b114-49c9ae21a16d","block_type":"box","text":"For further information on risks, please see the ’Risk Factors’ section of the prospectus on our website at https://global.vanguard.com.","page_number":4,"box":{"x":39,"y":254,"width":673,"height":8}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"c19daf59-2e77-4e68-b925-887b7418d003"},"user_id":1000002,"date_created":"2026-10-15T22:21:40.674000Z","date_modified":"2026-10-15T22:21:40.674000Z","private":false}