{"annotation_id":"d30cdfb7-a01c-44eb-aab9-e78796f3dd63","file_hash":"69603d3e0cf111d6b93748bf85ed029f4781d9b60cd028e37dd3bfafc83d43d4","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"6440bf69-c972-482f-9f2a-b2d1f9bfab68","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":12,"width":155,"height":25}},{"id":"459ba666-d776-4ccb-bd46-568b8609d0e2","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":13,"width":14,"height":4}},{"id":"08bbf696-36c6-46a8-8bbb-6740e452cbdb","block_type":"box","text":"Vanguard EUR Corporate 1-3 Year Bond UCITS ETF","page_number":1,"box":{"x":38,"y":107,"width":818,"height":22}},{"id":"74eb2dbd-b5a9-4ee6-a48a-60fcde2821e1","block_type":"box","text":"EUR Accumulating - An exchange-traded fund","page_number":1,"box":{"x":40,"y":136,"width":392,"height":13}},{"id":"1b5fe887-ab4a-47b1-b187-d0d2cda0e3b1","block_type":"box","text":"Inception date: 11 March 2025","page_number":1,"box":{"x":40,"y":155,"width":215,"height":10}},{"id":"954a49d9-aad8-4308-82fd-d1e0101ea011","block_type":"box","text":"Total assets (million) €301","page_number":1,"box":{"x":38,"y":176,"width":150,"height":8}},{"id":"9c5826f6-b50e-4b3a-8aaa-971c6cfd4157","block_type":"box","text":"|","page_number":1,"box":{"x":193,"y":176,"width":1,"height":7}},{"id":"94e29940-e3ac-448f-9d8a-f3a972a94fcc","block_type":"box","text":"Share class assets (million) €259 as at 30 September 2026","page_number":1,"box":{"x":199,"y":176,"width":334,"height":8}},{"id":"65d0db43-6373-408f-bc60-6dc4362bcbca","block_type":"box","text":"Key ETF facts","page_number":1,"box":{"x":39,"y":210,"width":89,"height":9}},{"id":"2d9d479e-d738-4712-842d-9cffeac5e3ec","block_type":"box","text":"Exchange ticker","page_number":1,"box":{"x":307,"y":214,"width":80,"height":7}},{"id":"c8b43add-a849-4c95-81d8-cae3f5417ce7","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":457,"y":214,"width":36,"height":6}},{"id":"b4f9be52-b1bb-4ed7-825b-c636b2b58cbf","block_type":"box","text":"Reuters","page_number":1,"box":{"x":561,"y":214,"width":39,"height":6}},{"id":"ff8d30c2-4d4a-4037-b436-0b548a13116a","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":674,"y":214,"width":54,"height":7}},{"id":"9e11bf96-f067-4aac-b8d0-c98c7ca97893","block_type":"box","text":"Bloomberg iNav","page_number":1,"box":{"x":771,"y":214,"width":80,"height":7}},{"id":"fcd27180-eadb-4f4e-a519-fa749f97ed37","block_type":"box","text":"Valoren","page_number":1,"box":{"x":912,"y":214,"width":39,"height":6}},{"id":"5aa49181-1a63-4b19-a2f1-0ef507093318","block_type":"box","text":"SIX Swiss Exchange","page_number":1,"box":{"x":39,"y":233,"width":101,"height":7}},{"id":"ba2acd16-d8ad-41b8-9548-c577edbedf2f","block_type":"box","text":"CHF","page_number":1,"box":{"x":39,"y":244,"width":18,"height":5}},{"id":"3f60bae8-2903-47d0-99d0-5fcdaa7e74d4","block_type":"box","text":"VSCF","page_number":1,"box":{"x":363,"y":244,"width":23,"height":5}},{"id":"5718e29d-72b1-4220-994c-d21d78b26198","block_type":"box","text":"BTCH915","page_number":1,"box":{"x":452,"y":244,"width":40,"height":5}},{"id":"244695bf-e55b-45ba-b5db-02247eef7d39","block_type":"box","text":"VSCF.S","page_number":1,"box":{"x":567,"y":244,"width":32,"height":5}},{"id":"20fbbbff-9e1e-40b4-b3b9-3446f29541bd","block_type":"box","text":"VSCF SW","page_number":1,"box":{"x":686,"y":244,"width":42,"height":5}},{"id":"492b358b-d380-48ea-a38a-d197dfc0e509","block_type":"box","text":"IVSCFCHF","page_number":1,"box":{"x":805,"y":244,"width":45,"height":5}},{"id":"7cf8975d-b1c9-4405-8f69-8d75b493ca7c","block_type":"box","text":"139426536","page_number":1,"box":{"x":902,"y":244,"width":49,"height":5}},{"id":"53e76f35-c7c0-4ba9-9cdf-9b28c36a09e5","block_type":"box","text":"NYSE Euronext","page_number":1,"box":{"x":39,"y":258,"width":78,"height":6}},{"id":"aa2c498e-68e8-40bd-8511-35b2777ce124","block_type":"box","text":"EUR","page_number":1,"box":{"x":39,"y":270,"width":17,"height":5}},{"id":"5996d699-ada1-4876-9182-7d75b11fde9e","block_type":"box","text":"VSCF","page_number":1,"box":{"x":363,"y":270,"width":23,"height":5}},{"id":"f9bf524b-e358-458b-8a75-a613df18d738","block_type":"box","text":"BTCH904","page_number":1,"box":{"x":452,"y":270,"width":41,"height":5}},{"id":"efddd02e-a763-4185-b41a-45b9d553872e","block_type":"box","text":"VSC.AS","page_number":1,"box":{"x":566,"y":270,"width":33,"height":5}},{"id":"89ba1369-2b2f-43b4-83ca-60a4d32b265a","block_type":"box","text":"VSCF NA","page_number":1,"box":{"x":689,"y":270,"width":39,"height":5}},{"id":"0e011e75-e0ef-4871-83fc-bdc91f7f6e05","block_type":"box","text":"IVSCFEUR","page_number":1,"box":{"x":806,"y":270,"width":44,"height":5}},{"id":"0aa151b6-dbb0-458a-ae18-3eb7f9e66804","block_type":"box","text":"—","page_number":1,"box":{"x":945,"y":273,"width":6,"height":0}},{"id":"fbaa232e-1a29-4206-afe9-cfe8654f49d6","block_type":"box","text":"Deutsche Börse","page_number":1,"box":{"x":39,"y":284,"width":79,"height":6}},{"id":"ddd08673-7f28-4f6c-afda-82716fe7b753","block_type":"box","text":"EUR","page_number":1,"box":{"x":39,"y":294,"width":17,"height":5}},{"id":"35434c2f-1378-440a-aacc-dd5d5eeced5b","block_type":"box","text":"VGCF","page_number":1,"box":{"x":362,"y":294,"width":25,"height":5}},{"id":"09736949-c5c8-4558-be2a-f531f41cc363","block_type":"box","text":"BTCH8Z2","page_number":1,"box":{"x":452,"y":294,"width":40,"height":5}},{"id":"78b4b531-38db-499d-ae0c-acd2cca10159","block_type":"box","text":"VGCF.DE","page_number":1,"box":{"x":559,"y":294,"width":40,"height":5}},{"id":"46d15094-0e68-4558-82e1-0937e32b64db","block_type":"box","text":"VGCF GY","page_number":1,"box":{"x":688,"y":294,"width":40,"height":5}},{"id":"48141989-7dfe-4757-9c2c-2a23438fbe92","block_type":"box","text":"IVSCFEUR","page_number":1,"box":{"x":806,"y":294,"width":44,"height":5}},{"id":"1b56636a-e2f1-41ee-a118-d0180248d8a0","block_type":"box","text":"—","page_number":1,"box":{"x":945,"y":297,"width":6,"height":1}},{"id":"4de6edc6-4cad-48d9-8db5-c36d3b9be43d","block_type":"box","text":"Borsa Italiana S.p.A.","page_number":1,"box":{"x":39,"y":307,"width":103,"height":8}},{"id":"7c2aec5b-1d56-47c4-94bb-840e9ea0cbbf","block_type":"box","text":"EUR","page_number":1,"box":{"x":39,"y":319,"width":17,"height":5}},{"id":"a8f5af38-b76a-4450-8953-8cc4c0a280f1","block_type":"box","text":"VSCF","page_number":1,"box":{"x":363,"y":319,"width":23,"height":5}},{"id":"f7812311-e810-419f-b5f5-8768d59594e2","block_type":"box","text":"BTCH8X0","page_number":1,"box":{"x":452,"y":319,"width":41,"height":5}},{"id":"72fdd478-4ff2-4acb-bca2-115e51718119","block_type":"box","text":"VSCF.MI","page_number":1,"box":{"x":562,"y":319,"width":37,"height":5}},{"id":"d639dead-0f2e-406a-ae7a-496368fcf54f","block_type":"box","text":"VSCF IM","page_number":1,"box":{"x":691,"y":319,"width":37,"height":5}},{"id":"80770dcb-d4e5-4a5d-a16f-1f4ec41c6006","block_type":"box","text":"IVSCFEUR","page_number":1,"box":{"x":806,"y":319,"width":44,"height":5}},{"id":"08a5215e-3645-4f5d-9245-062ef4680231","block_type":"box","text":"—","page_number":1,"box":{"x":945,"y":321,"width":6,"height":1}},{"id":"08e8e8d5-8b6e-4c3b-a6ab-474142a5ae81","block_type":"box","text":"Ongoing Charges Figure†","page_number":1,"box":{"x":39,"y":485,"width":134,"height":8}},{"id":"c3a1ceed-d300-450a-8e24-b7ae23b18a82","block_type":"box","text":"e†","page_number":1,"box":{"x":173,"y":483,"width":10,"height":9}},{"id":"f425539b-7887-4ff5-898d-0daf319c97f4","block_type":"box","text":"0.09","page_number":1,"box":{"x":218,"y":486,"width":23,"height":6}},{"id":"abe8624f-2650-411f-ab1e-3988946cccff","block_type":"box","text":"%","page_number":1,"box":{"x":242,"y":486,"width":9,"height":6}},{"id":"2660b0cd-c03e-450e-b766-231a6c9a80cf","block_type":"box","text":"†","page_number":1,"box":{"x":39,"y":508,"width":5,"height":5}},{"id":"a164f090-2a45-4fc4-9b2d-d8f57bdd7947","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":509,"width":738,"height":8}},{"id":"eb6e6470-56ca-4b03-8b1e-a9ea6ae28e64","block_type":"box","text":"nds. When you invest with","page_number":1,"box":{"x":789,"y":510,"width":129,"height":7}},{"id":"664a0090-8b4e-4373-9be2-529885f20b49","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":522,"width":777,"height":8}},{"id":"3a31a21c-65fe-411c-a770-3a22947027cd","block_type":"box","text":"the fund. The AMC","page_number":1,"box":{"x":820,"y":522,"width":93,"height":6}},{"id":"faded3bc-827d-4164-83d1-3cd5af88ba79","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":533,"width":543,"height":8}},{"id":"1eca1ecf-805e-4ca9-bdc1-b162e0776200","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":552,"width":186,"height":8}},{"id":"f65f5cd3-1dfd-4958-8113-4efd83537d9a","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":569,"width":3,"height":2}},{"id":"b78269c7-e2eb-40e3-8e8a-57a580f1c4b1","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":567,"width":732,"height":7}},{"id":"dd0b5430-e4de-418e-a8cd-cc4f665841ea","block_type":"box","text":"rformance of the Bloomberg","page_number":1,"box":{"x":784,"y":567,"width":142,"height":7}},{"id":"1e9e097d-409f-444c-be69-c4d1f0a4ec9f","block_type":"box","text":"Euro Corporate 500 1-3Y Index (the “Index”).","page_number":1,"box":{"x":51,"y":577,"width":223,"height":8}},{"id":"c437e4b7-24a4-4158-a682-19c52afe0d9f","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":592,"width":3,"height":2}},{"id":"d8d68bfd-cd88-4ecd-98e3-661a557003bb","block_type":"box","text":"The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index’s capital and income return.","page_number":1,"box":{"x":51,"y":590,"width":685,"height":7}},{"id":"cb11c136-68a5-4d56-a9ae-da5ac938c6b6","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":604,"width":3,"height":2}},{"id":"de56e5c8-979f-48d7-ab06-4e435fa6ed92","block_type":"box","text":"The Index is designed to reflect the universe of Euro denominated fixed rate corporate bonds which have a par amount outstanding greater than or equal","page_number":1,"box":{"x":51,"y":602,"width":765,"height":7}},{"id":"95d9d8e3-594f-45a1-95fa-16e15f65a1b5","block_type":"box","text":"to EUR 500 million.","page_number":1,"box":{"x":819,"y":602,"width":96,"height":6}},{"id":"2bd2c7f1-e9c5-495f-af4d-206100e75d89","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":616,"width":3,"height":2}},{"id":"d6e4deb6-d876-4d7c-84ac-1a713bd5b181","block_type":"box","text":"Bonds in the Index have maturities of between one and three years and are generally investment grade.","page_number":1,"box":{"x":51,"y":614,"width":516,"height":8}},{"id":"16d7b550-e236-4819-8fb9-46adbc51331b","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":629,"width":3,"height":2}},{"id":"c4983451-393b-46c0-b13b-3869d320ee07","block_type":"box","text":"To a lesser extent, the Fund may invest in bonds outside the Index where the risk and return characteristics of such bonds closely resemble those of t","page_number":1,"box":{"x":51,"y":626,"width":740,"height":8}},{"id":"466139f2-8587-4e8c-b3a7-9cac645201d9","block_type":"box","text":"he constituents of the Index.","page_number":1,"box":{"x":792,"y":626,"width":141,"height":6}},{"id":"ba912024-ef4c-4223-bc2c-ed44f851ae96","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":641,"width":3,"height":2}},{"id":"1507dc1d-e57c-46a0-9a90-d661b63f4e65","block_type":"box","text":"The Fund attempts to remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from","page_number":1,"box":{"x":51,"y":639,"width":752,"height":7}},{"id":"104c7512-e3f4-4070-81b0-316c4ba8e42a","block_type":"box","text":"this investment policy to","page_number":1,"box":{"x":807,"y":639,"width":122,"height":7}},{"id":"079b8f62-6cde-4096-8f29-3bebd98e62fe","block_type":"box","text":"avoid losses.","page_number":1,"box":{"x":51,"y":649,"width":61,"height":6}},{"id":"306f3af7-ef6b-426e-ae46-9f023b516762","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":664,"width":3,"height":2}},{"id":"c7607dfc-4b48-4274-8281-f31d4a59dd77","block_type":"box","text":"While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due t","page_number":1,"box":{"x":51,"y":661,"width":729,"height":8}},{"id":"0b976da8-3ec2-4bc6-bad3-23cb55962eee","block_type":"box","text":"o various factors such as","page_number":1,"box":{"x":781,"y":661,"width":122,"height":6}},{"id":"b7c6aa85-885f-4348-ae5e-063c6af228e3","block_type":"box","text":"expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in the","page_number":1,"box":{"x":51,"y":672,"width":741,"height":8}},{"id":"20922812-235c-418e-8c65-0a3e75ae77c9","block_type":"box","text":"Prospectus.","page_number":1,"box":{"x":796,"y":672,"width":57,"height":8}},{"id":"55fa57b8-40e4-425c-b1a7-192400f9b217","block_type":"box","text":"‡","page_number":1,"box":{"x":35,"y":956,"width":3,"height":4}},{"id":"3fd68f0b-3ae2-479f-8ec7-f1ca701b13f1","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":956,"width":181,"height":7}},{"id":"6c6a86ce-c797-434b-bc2c-5b81eb253389","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":"67bba4f9-1f45-42e9-bc98-99d3dd384fc8","block_type":"box","text":"Base currency","page_number":1,"box":{"x":39,"y":346,"width":71,"height":7}},{"id":"ceebe25f-86e3-43f1-8597-2c7a3b6cf78f","block_type":"box","text":"Tax reporting","page_number":1,"box":{"x":268,"y":346,"width":69,"height":7}},{"id":"42697536-ac60-4b63-94c6-fcb943ce50b5","block_type":"box","text":"SRRI","page_number":1,"box":{"x":412,"y":346,"width":23,"height":6}},{"id":"69a6d529-1245-4963-b8fd-fb449354e9c3","block_type":"box","text":"‡","page_number":1,"box":{"x":436,"y":346,"width":4,"height":3}},{"id":"2dab63c0-6091-410d-8660-b4a0cba52970","block_type":"box","text":"Index ticker","page_number":1,"box":{"x":496,"y":346,"width":59,"height":6}},{"id":"e7e22122-5f38-4c2e-bac7-ad89644c3fa9","block_type":"box","text":"Investment structure","page_number":1,"box":{"x":646,"y":346,"width":108,"height":6}},{"id":"08650227-f55e-453b-a1a5-ab0707afbf30","block_type":"box","text":"Domicile","page_number":1,"box":{"x":903,"y":346,"width":42,"height":6}},{"id":"8212ce0e-ce88-46af-b273-14a65badeb2e","block_type":"box","text":"EUR","page_number":1,"box":{"x":39,"y":362,"width":17,"height":5}},{"id":"20ed4afc-bdcc-4ce6-af5e-5e8ad3d8249c","block_type":"box","text":"UK Reporting","page_number":1,"box":{"x":281,"y":362,"width":56,"height":7}},{"id":"56a2228d-9d35-4b6e-b4a4-701f4e840139","block_type":"box","text":"2","page_number":1,"box":{"x":435,"y":362,"width":5,"height":5}},{"id":"5e6986a0-d0e8-46c3-afce-d447ddf75443","block_type":"box","text":"I04352EU","page_number":1,"box":{"x":514,"y":362,"width":40,"height":5}},{"id":"edfe2071-7e55-4a56-820f-b22063920e9d","block_type":"box","text":"UCITS","page_number":1,"box":{"x":727,"y":362,"width":25,"height":5}},{"id":"69e48d6f-fec7-40e7-a183-1af67dc08b77","block_type":"box","text":"Ireland","page_number":1,"box":{"x":917,"y":362,"width":28,"height":5}},{"id":"1bd85310-3d73-4303-873c-211508ad0d1b","block_type":"box","text":"Legal entity","page_number":1,"box":{"x":39,"y":393,"width":60,"height":8}},{"id":"dd244890-6bd6-4fc6-ac02-1a56009937d9","block_type":"box","text":"Investment method","page_number":1,"box":{"x":238,"y":393,"width":99,"height":6}},{"id":"2a638ffd-e4df-4cb4-b559-40836eba2fdf","block_type":"box","text":"ISIN","page_number":1,"box":{"x":420,"y":393,"width":20,"height":6}},{"id":"95499448-7a55-4beb-96d1-afc2b30b6c16","block_type":"box","text":"Dividends","page_number":1,"box":{"x":506,"y":393,"width":49,"height":6}},{"id":"232440b3-f203-4abd-bb14-fc02fb0ce20f","block_type":"box","text":"Dividend schedule","page_number":1,"box":{"x":663,"y":393,"width":90,"height":6}},{"id":"49c26163-5344-4000-8125-b5d3c7d032b5","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":841,"y":393,"width":105,"height":8}},{"id":"4b8bc9de-d306-45ae-8d07-a61224951295","block_type":"box","text":"Vanguard Funds plc","page_number":1,"box":{"x":38,"y":410,"width":85,"height":6}},{"id":"1c280649-f92b-4fdb-a9b2-df5c36459814","block_type":"box","text":"Physical","page_number":1,"box":{"x":303,"y":410,"width":34,"height":6}},{"id":"150fc02b-0dbb-45c1-a643-6a1af5eabacd","block_type":"box","text":"IE00BH04FZ00","page_number":1,"box":{"x":370,"y":410,"width":69,"height":5}},{"id":"acd84b5b-e3aa-4423-9b6c-cdebc295f6c2","block_type":"box","text":"Accumulated","page_number":1,"box":{"x":499,"y":410,"width":55,"height":5}},{"id":"8acec8b9-b233-4cff-8773-c8121d7c9152","block_type":"box","text":"—","page_number":1,"box":{"x":746,"y":413,"width":7,"height":0}},{"id":"ec3c8f7d-c159-4b3d-87e2-6f8cb7779bf9","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":780,"y":410,"width":166,"height":6}},{"id":"8234599e-49fb-4966-af2d-681868d7a335","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":67,"width":229,"height":9}},{"id":"b6731dc7-e8b1-4a7c-ad76-914646a2c043","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":80,"width":84,"height":10}},{"id":"2aa81019-7dba-4074-82f0-95f4c1dd1181","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":81,"width":7,"height":11}},{"id":"29998f7e-5c73-49bf-9194-1dd1035ce367","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":81,"width":161,"height":11}},{"id":"da9f26ec-ab3a-4fdf-8006-a09725cf9fa2","block_type":"box","text":"Vanguard EUR Corporate 1-3 Year Bond UCITS ETF","page_number":2,"box":{"x":38,"y":34,"width":736,"height":19}},{"id":"d19b86e4-51de-413f-9078-1f6447c6fccc","block_type":"box","text":"EUR Accumulating - An exchange-traded fund","page_number":2,"box":{"x":40,"y":60,"width":392,"height":13}},{"id":"4e37a342-b402-4e2c-b276-b32208179d3c","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":99,"width":127,"height":8}},{"id":"9c7a5bc7-bde3-4fe8-b6d4-2a3a70798c87","block_type":"box","text":"EUR","page_number":2,"box":{"x":39,"y":117,"width":20,"height":6}},{"id":"c863a606-654c-49f9-852a-5307cafa9c58","block_type":"box","text":"—","page_number":2,"box":{"x":60,"y":120,"width":8,"height":1}},{"id":"fb13abb6-7a4a-4c79-98a2-57ea43f0aa04","block_type":"box","text":"Vanguard EUR Corporate 1-3 Year Bond UCITS ETF","page_number":2,"box":{"x":68,"y":117,"width":256,"height":7}},{"id":"0be1b255-0fce-4a62-9d3c-2d5c87284ea6","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":128,"width":56,"height":6}},{"id":"aa7a1065-f213-4607-b703-7df991394ae0","block_type":"box","text":"— Bloomberg Euro-Corporate 500 1-3 Year Index in EUR","page_number":2,"box":{"x":98,"y":128,"width":279,"height":7}},{"id":"186fee58-755d-4ad9-a894-d487b2ec8b93","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":187,"width":148,"height":8}},{"id":"c2658045-d138-42a1-9ed7-70be1371b09a","block_type":"box","text":"1 month","page_number":2,"box":{"x":284,"y":187,"width":40,"height":6}},{"id":"dc1debb1-b655-4e39-9d49-9d5f9907c91f","block_type":"box","text":"Quarter","page_number":2,"box":{"x":378,"y":187,"width":39,"height":6}},{"id":"d40ffa1b-3f8e-4a9f-b88b-4541fd945193","block_type":"box","text":"Year to","page_number":2,"box":{"x":473,"y":177,"width":36,"height":6}},{"id":"e2b0b22e-e862-466d-b5a3-15bf395d2d2d","block_type":"box","text":"date","page_number":2,"box":{"x":486,"y":187,"width":23,"height":6}},{"id":"4643ee40-aa93-4f45-8014-61427a042f3b","block_type":"box","text":"1 year","page_number":2,"box":{"x":557,"y":187,"width":30,"height":8}},{"id":"f7c6e97a-a6a7-4af6-92ac-1138a376c6c0","block_type":"box","text":"3 years","page_number":2,"box":{"x":633,"y":187,"width":35,"height":8}},{"id":"fdd7c852-26d5-42eb-8512-44fd27ccc70c","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":187,"width":35,"height":8}},{"id":"964cdc6d-af11-4e5a-b595-3055ad1dba9d","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":187,"width":41,"height":8}},{"id":"c5447574-7e61-40f6-82a0-62a6a205e2e0","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":177,"width":26,"height":6}},{"id":"3c5435c8-f981-49de-bd39-a46ec254fa5b","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":188,"width":45,"height":7}},{"id":"37de2ef5-85ef-4b45-945c-6532fd760dae","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":205,"width":20,"height":5}},{"id":"773e9da4-8354-4c62-a56e-c9210a14bc8f","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":205,"width":59,"height":6}},{"id":"9c250c3f-df3f-435b-b649-d81c01d6f0b3","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":205,"width":3,"height":6}},{"id":"f0339e47-852a-48d1-b126-014327640118","block_type":"box","text":"-0.43%","page_number":2,"box":{"x":294,"y":205,"width":30,"height":5}},{"id":"ae43b95c-f731-4ad1-bfcf-3a96f9aeca19","block_type":"box","text":"-0.53%","page_number":2,"box":{"x":386,"y":205,"width":30,"height":5}},{"id":"6717a2af-f437-4c7b-a890-c0b8b34becd6","block_type":"box","text":"0.31%","page_number":2,"box":{"x":482,"y":205,"width":27,"height":5}},{"id":"8aae9801-5573-4d4d-9bf6-6236d2351f87","block_type":"box","text":"0.78%","page_number":2,"box":{"x":560,"y":205,"width":26,"height":5}},{"id":"7f2f8cfa-c475-4590-9bef-73cf834674ad","block_type":"box","text":"—","page_number":2,"box":{"x":662,"y":208,"width":6,"height":0}},{"id":"3a8d8921-c927-406d-82fe-9f1fd1eabe6c","block_type":"box","text":"—","page_number":2,"box":{"x":752,"y":208,"width":7,"height":0}},{"id":"c2e7ba27-d0d0-409f-b4a9-e16c7507cd75","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":208,"width":7,"height":0}},{"id":"99aa1cd2-9e3d-4530-a622-073cc40eff30","block_type":"box","text":"1.78%","page_number":2,"box":{"x":925,"y":205,"width":27,"height":5}},{"id":"e83942ed-0043-44ce-ae1a-19ff51e6597b","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":221,"width":48,"height":5}},{"id":"9ca321f4-d800-4404-97f5-4bfe7e23d5c7","block_type":"box","text":"-0.42%","page_number":2,"box":{"x":294,"y":220,"width":30,"height":5}},{"id":"89efb529-9c36-4ea3-84b9-e1ec7e4be68f","block_type":"box","text":"-0.50%","page_number":2,"box":{"x":386,"y":220,"width":30,"height":5}},{"id":"dbbca6bf-699e-47c8-9722-29fb4959790d","block_type":"box","text":"0.42%","page_number":2,"box":{"x":482,"y":220,"width":27,"height":5}},{"id":"fbec35dc-53b1-4bc2-9a2b-3df9d2923ff8","block_type":"box","text":"0.93%","page_number":2,"box":{"x":560,"y":220,"width":26,"height":5}},{"id":"e746072b-0c17-490c-818c-7263be4995d5","block_type":"box","text":"3.67%","page_number":2,"box":{"x":641,"y":220,"width":27,"height":5}},{"id":"131d9823-d2ea-4b56-b6e2-dcfbf65dea94","block_type":"box","text":"1.62%","page_number":2,"box":{"x":732,"y":220,"width":26,"height":5}},{"id":"32bbfdce-619c-4f5f-be39-f4335c0d3609","block_type":"box","text":"1.07%","page_number":2,"box":{"x":827,"y":220,"width":27,"height":5}},{"id":"b21732d4-a1ec-4c06-be52-43a165065e9c","block_type":"box","text":"1.99%","page_number":2,"box":{"x":925,"y":220,"width":27,"height":5}},{"id":"8403a4f9-d79f-4eea-bbc6-a7ed47cfbfbb","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":"a44854ed-0c73-4233-8cdf-506e48853171","block_type":"box","text":"ment of all dividends and any","page_number":2,"box":{"x":775,"y":237,"width":145,"height":7}},{"id":"8f95101a-7f04-4515-b44a-3d65a74a8c66","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":"ef014ca3-b875-4b76-9382-2b74d036213a","block_type":"box","text":"asis of fund performance is","page_number":2,"box":{"x":797,"y":246,"width":135,"height":8}},{"id":"7aed5d7f-8ce6-49fd-975b-5a23d790c855","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":"0a94ea05-a752-4158-b4f1-007420aed7d1","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":"cb832d15-2273-4ac0-bd94-1ed1aebbd6f4","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":"375de776-0adf-4de7-8907-a06f3952c833","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":"d7992411-6953-47a1-9788-6fb91bee3af3","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":298,"width":143,"height":6}},{"id":"bd13bf01-ffc5-46d6-9dc7-87631d3ec616","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":"22f83d99-4aeb-4cee-a817-c172451579c0","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":308,"width":97,"height":6}},{"id":"4c3ad7dd-2b25-45a8-a8ef-86bcc5ea8f68","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":317,"width":603,"height":8}},{"id":"8e41dfce-6448-4015-84f6-5983e010959c","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":344,"width":88,"height":8}},{"id":"d2183c34-678e-4ba8-8642-6928e7a73c54","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":569,"width":7,"height":1}},{"id":"3bf63799-bdd9-46bc-a5df-11a86cbdd4ac","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":569,"width":7,"height":1}},{"id":"1ff109cf-04bb-4667-8c6b-2ac4cde855ed","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":569,"width":7,"height":1}},{"id":"cc0a0804-9c55-410e-86b2-db033ad2bb4c","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":569,"width":7,"height":1}},{"id":"934bf9ab-c6db-4f4d-a7eb-86aae5251a82","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":569,"width":6,"height":1}},{"id":"d383c343-3dd4-4cc1-a9c8-5f7e98a8083a","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":569,"width":7,"height":1}},{"id":"86d83b6e-5c0c-4138-9530-0c9541426a66","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":569,"width":6,"height":1}},{"id":"c2857679-f714-4c7a-b087-f98e155fa164","block_type":"box","text":"—","page_number":2,"box":{"x":765,"y":569,"width":7,"height":1}},{"id":"392ed589-601e-4954-9316-97b399153d80","block_type":"box","text":"—","page_number":2,"box":{"x":843,"y":569,"width":6,"height":1}},{"id":"487b8ae8-a4b6-49fe-8ab5-4f4e7b96b670","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":897,"y":549,"width":53,"height":5}},{"id":"c50090ec-aaac-4764-882f-abe936dab469","block_type":"box","text":"-","page_number":2,"box":{"x":923,"y":560,"width":3,"height":1}},{"id":"d4c1ef2f-6fac-4467-a2ef-219f5a84b4bf","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":897,"y":566,"width":53,"height":7}},{"id":"9e5e09b2-cdbf-44c4-bf04-a5487100cd42","block_type":"box","text":"Fund (","page_number":2,"box":{"x":63,"y":582,"width":27,"height":7}},{"id":"ff10073d-b762-4877-b675-adefc036f2c4","block_type":"box","text":"Net of expenses)","page_number":2,"box":{"x":91,"y":583,"width":59,"height":6}},{"id":"bf7c4bce-5c53-45f2-b567-aa36b9c6e9ae","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":587,"width":7,"height":0}},{"id":"b8ed1347-7fe4-4b49-8940-2ca1dde69c48","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":587,"width":7,"height":0}},{"id":"d6bf22df-76de-44e7-b6d4-3967da2dee92","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":587,"width":7,"height":0}},{"id":"2fbcbbd3-72fc-4664-91dc-b8f5b31bfc96","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":587,"width":7,"height":0}},{"id":"c8ecf318-80f3-4d8e-aa42-312963f3ed74","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":587,"width":6,"height":0}},{"id":"af042150-44d3-43e0-b1f3-e0c00910ed5a","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":587,"width":7,"height":0}},{"id":"c1f8b001-8b30-46f6-bac6-ea870b0c9802","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":587,"width":6,"height":0}},{"id":"a7c484d3-f411-4151-89f0-d1f57a1ec654","block_type":"box","text":"—","page_number":2,"box":{"x":765,"y":587,"width":7,"height":0}},{"id":"27cbffa0-9ba3-4623-9a23-52d7c2ea0771","block_type":"box","text":"—","page_number":2,"box":{"x":843,"y":587,"width":6,"height":0}},{"id":"d8c6e619-3518-4b49-9539-621f023b7c56","block_type":"box","text":"0.78%","page_number":2,"box":{"x":910,"y":584,"width":27,"height":5}},{"id":"69576739-f972-4bdf-9404-b1c503c0ae1d","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":598,"width":48,"height":5}},{"id":"bb1e80e5-4fae-4ac4-ac81-324053fcd0b0","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":602,"width":7,"height":1}},{"id":"8c818e12-5ad7-465b-9ca8-c20f75dad0c8","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":602,"width":7,"height":1}},{"id":"0d44d42c-2d65-4829-9203-d7ceef4f7e97","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":602,"width":7,"height":1}},{"id":"b6ce840e-c7a5-4d62-b1a3-a6eeb276da82","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":602,"width":7,"height":1}},{"id":"d492b83a-085f-4285-b3ba-3a1b3e4e87cf","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":602,"width":6,"height":1}},{"id":"7dc1b922-304b-44fe-b251-e69fb3278b66","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":602,"width":7,"height":1}},{"id":"1474a304-d9a5-47eb-a193-a342df90e5bf","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":602,"width":6,"height":1}},{"id":"09f9c4e4-9954-4f5b-baa7-7c9e41c9c4b8","block_type":"box","text":"—","page_number":2,"box":{"x":765,"y":602,"width":7,"height":1}},{"id":"31fd7dbe-62dd-4d2c-b489-d123b25e3c5b","block_type":"box","text":"—","page_number":2,"box":{"x":843,"y":602,"width":6,"height":1}},{"id":"31258226-ae95-46ca-a7ed-c0e4524932e4","block_type":"box","text":"0.93%","page_number":2,"box":{"x":910,"y":599,"width":27,"height":5}},{"id":"30408723-6063-41de-a729-769f433441d8","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":402,"width":167,"height":8}},{"id":"03a2abac-4548-4f43-80cf-e4157cb31e86","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":"2d2843a6-16aa-4d26-80e3-bf798a844e46","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":645,"width":117,"height":8}},{"id":"d08c98ae-2c8a-4fa4-a300-981cd0a7dc34","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":"edabc450-afca-44e3-8a2d-839f58ab06a6","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":"69d37634-5a59-4583-9fc6-38a445b583b8","block_type":"box","text":"factors including political, economic news, company earnings and significant corporate events. Movements in currency exchange rates can adversely affe","page_number":2,"box":{"x":38,"y":669,"width":763,"height":8}},{"id":"d939ddac-eb97-4db8-ba57-da9fc6f90d27","block_type":"box","text":"ct the return of your","page_number":2,"box":{"x":802,"y":669,"width":101,"height":8}},{"id":"664f60cc-1e0f-4612-8b66-bfab22227418","block_type":"box","text":"investment.","page_number":2,"box":{"x":39,"y":679,"width":58,"height":6}},{"id":"58527498-f74b-492f-a88b-3d6e826f6ebf","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":"70923c98-b3de-4460-ba6b-a29021c966f1","block_type":"box","text":"er instruments, may expose the Fund","page_number":2,"box":{"x":774,"y":693,"width":184,"height":8}},{"id":"3044f717-5f28-4260-a60e-363e9827bbde","block_type":"box","text":"to financial loss.","page_number":2,"box":{"x":38,"y":703,"width":80,"height":6}},{"id":"2b3ddacc-b7b3-4102-ba40-c6414f339084","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":"5bd5d884-c416-4519-a833-0b7f99b6fae5","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":"b3b528d0-aba7-4b5f-b738-8c01b57c9b93","block_type":"box","text":"to provide investment results that,","page_number":2,"box":{"x":786,"y":731,"width":172,"height":8}},{"id":"e0947722-7e48-4d80-8346-86b400d92d00","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":"75edb135-b144-4a11-a24f-ec3d8651de2b","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":"4645a6e2-1f75-48d9-ab0d-82a5efb90fd6","block_type":"box","text":"here is the risk that the securities","page_number":2,"box":{"x":789,"y":755,"width":165,"height":6}},{"id":"f3b81c75-9c72-44d8-8408-c0aa250a7a32","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":"9b187e40-92d6-4f82-91ed-c9bf37792763","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":779,"width":608,"height":8}},{"id":"e520dfe9-6dae-48e2-af06-8f7d7d5ccc40","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":793,"width":721,"height":8}},{"id":"4b463d9b-d6a7-4b6f-91bc-57cdde19ad1f","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":809,"width":772,"height":8}},{"id":"a4e3784a-26ff-4c85-be50-df54941bfb5a","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":809,"width":22,"height":6}},{"id":"2a5d1ed8-faa0-4d1e-bc9c-d56c1defb822","block_type":"box","text":"Vanguard EUR Corporate 1-3 Year Bond UCITS ETF","page_number":3,"box":{"x":38,"y":34,"width":736,"height":19}},{"id":"ee8ffb48-1185-4c42-934e-35320712f421","block_type":"box","text":"EUR Accumulating","page_number":3,"box":{"x":40,"y":60,"width":156,"height":13}},{"id":"fe3dc1c5-8556-4a87-80e9-219ca838d300","block_type":"box","text":"- An exchange-traded fund","page_number":3,"box":{"x":204,"y":60,"width":228,"height":13}},{"id":"a12812f9-ec58-4b76-9269-cc2a39bd2178","block_type":"box","text":"Data as at 30 September 2026 unless otherwise stated.","page_number":3,"box":{"x":39,"y":78,"width":318,"height":8}},{"id":"3b15a4e2-d85b-4f3d-8148-ad951dea1559","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":101,"width":87,"height":6}},{"id":"950d1c97-f4c3-41cb-b9d7-e63f138c589a","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":102,"width":20,"height":5}},{"id":"b8aa450a-5749-4d68-961c-38d4dd4c07f8","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":102,"width":47,"height":5}},{"id":"c24cd2d3-e4d7-4748-88b6-da686c1b2412","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":113,"width":73,"height":5}},{"id":"5021d68b-2d9c-4699-8e94-faacc594d2fe","block_type":"box","text":"988","page_number":3,"box":{"x":614,"y":113,"width":16,"height":5}},{"id":"75031aab-f10c-474c-ab2b-f8baa78bba81","block_type":"box","text":"1,136","page_number":3,"box":{"x":788,"y":113,"width":23,"height":6}},{"id":"2dda5de3-9547-4eaf-93f5-07eed1e46e61","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":124,"width":60,"height":5}},{"id":"2fb2318b-326f-45f4-a530-6d759190f1e0","block_type":"box","text":"3.85%","page_number":3,"box":{"x":603,"y":124,"width":27,"height":5}},{"id":"df52cef7-6e26-4b2a-a114-207737ab56e2","block_type":"box","text":"3.85%","page_number":3,"box":{"x":785,"y":124,"width":26,"height":5}},{"id":"9c61b7d6-69bf-4dfa-a122-d70cc93df85d","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":136,"width":69,"height":6}},{"id":"00b584b1-61b3-44f5-b4f4-776e5a443b6a","block_type":"box","text":"2.7%","page_number":3,"box":{"x":609,"y":136,"width":21,"height":5}},{"id":"c9068132-c4d3-48f6-ac2e-eb1099dd687e","block_type":"box","text":"2.6%","page_number":3,"box":{"x":790,"y":136,"width":21,"height":5}},{"id":"d26adfd5-8891-49cf-ad88-1aace755cb7c","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":147,"width":76,"height":7}},{"id":"5bcabdff-709d-44ba-aef3-deafeb41c31a","block_type":"box","text":"2.1 years","page_number":3,"box":{"x":592,"y":147,"width":38,"height":7}},{"id":"6e72f1ce-b613-4076-bb51-f82e169cb1e2","block_type":"box","text":"2.1 years","page_number":3,"box":{"x":774,"y":147,"width":38,"height":7}},{"id":"efe1e58d-b1da-43b5-93c3-41b349b5863b","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":159,"width":67,"height":6}},{"id":"75356a0e-540c-413c-b12e-04b2b85e86c3","block_type":"box","text":"A-","page_number":3,"box":{"x":621,"y":159,"width":9,"height":5}},{"id":"e344fff5-af4c-4309-ac9a-4763f5e330f1","block_type":"box","text":"A-","page_number":3,"box":{"x":802,"y":159,"width":10,"height":5}},{"id":"374a98d3-ab35-4d8f-a528-7400f9a3cc97","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":170,"width":74,"height":7}},{"id":"09f333e9-cfbe-4186-93ca-b9479e0f727f","block_type":"box","text":"1.9 years","page_number":3,"box":{"x":592,"y":170,"width":38,"height":7}},{"id":"abfc738c-c48d-4366-ae51-9dd80ba9785d","block_type":"box","text":"1.9 years","page_number":3,"box":{"x":774,"y":170,"width":38,"height":7}},{"id":"faa48bbc-6766-494b-a7ca-ec733136d8b6","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":182,"width":75,"height":5}},{"id":"c3de0de0-0725-4ab2-8751-26c565e75bb5","block_type":"box","text":"0.2%","page_number":3,"box":{"x":609,"y":182,"width":21,"height":5}},{"id":"fefd1424-3592-4bf5-8320-5d303ac1ed68","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":185,"width":7,"height":0}},{"id":"40c9c896-1039-440c-b278-1532d6eaa7a2","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":194,"width":58,"height":5}},{"id":"db4d3585-3a74-4eda-8061-da63e8a387ed","block_type":"box","text":"52%","page_number":3,"box":{"x":611,"y":193,"width":19,"height":6}},{"id":"0fd643f6-be60-4311-bc91-ddb5b4c875be","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":196,"width":7,"height":1}},{"id":"57cfe3d2-8d61-4844-889f-f47e18f9342d","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":207,"width":644,"height":6}},{"id":"a6782abe-5f4f-4f25-a05a-acebe39c9686","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":207,"width":105,"height":5}},{"id":"2daf364a-413f-4827-be9d-ec39b6a37b86","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":215,"width":613,"height":7}},{"id":"d5aab121-6238-4b9a-8f2c-f3923eb82996","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":215,"width":168,"height":7}},{"id":"195ef230-2552-4f7a-a380-5341b7bb63f0","block_type":"box","text":"yield to maturity stated. Data as at 30 September 2026.","page_number":3,"box":{"x":38,"y":224,"width":243,"height":7}},{"id":"15ef9fb2-3de8-4d52-a407-d212a650eca9","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":244,"width":99,"height":6}},{"id":"11e9f8db-9b7b-45b7-8843-2d7d761fb2ae","block_type":"box","text":"United States","page_number":3,"box":{"x":158,"y":264,"width":59,"height":5}},{"id":"d87e06f8-8b4f-4e91-ad63-5401f48ca0dd","block_type":"box","text":"19.4","page_number":3,"box":{"x":432,"y":264,"width":18,"height":5}},{"id":"6c3def70-7816-43a2-9f20-938f501e2f6c","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":264,"width":8,"height":5}},{"id":"c397e02a-0cf4-4bbc-a694-7e0880edbada","block_type":"box","text":"France","page_number":3,"box":{"x":158,"y":275,"width":29,"height":5}},{"id":"b708eb64-a477-4eb5-bd6f-f9ee43f2d9f2","block_type":"box","text":"17.0","page_number":3,"box":{"x":432,"y":275,"width":18,"height":5}},{"id":"934648d8-e4e0-4cd2-9538-a7e431498dc4","block_type":"box","text":"Germany","page_number":3,"box":{"x":158,"y":286,"width":39,"height":7}},{"id":"ff468325-79fd-4ad0-9cc9-e04cd3cfe755","block_type":"box","text":"14.3","page_number":3,"box":{"x":432,"y":286,"width":18,"height":5}},{"id":"2db62b24-4995-4394-b8dc-648437cf6412","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":158,"y":297,"width":68,"height":7}},{"id":"ac423036-505e-4974-b7d9-d8c2909dbe2a","block_type":"box","text":"7.5","page_number":3,"box":{"x":438,"y":297,"width":12,"height":5}},{"id":"d1a4964e-2196-4418-ae65-2c0c18334360","block_type":"box","text":"Spain","page_number":3,"box":{"x":158,"y":308,"width":23,"height":7}},{"id":"946ea960-6b92-444e-9354-e1722bd4df59","block_type":"box","text":"6.8","page_number":3,"box":{"x":438,"y":308,"width":12,"height":5}},{"id":"cb4c11c4-5948-43f1-814f-4546223960e4","block_type":"box","text":"Italy","page_number":3,"box":{"x":506,"y":264,"width":18,"height":7}},{"id":"ee0bec2c-72e5-4114-a708-4a6b2bff69b7","block_type":"box","text":"6.2","page_number":3,"box":{"x":786,"y":264,"width":12,"height":5}},{"id":"876423a5-bb84-4872-87c5-f77e90fd18dd","block_type":"box","text":"%","page_number":3,"box":{"x":799,"y":264,"width":8,"height":5}},{"id":"822639df-6bec-4f30-b194-645547c0f2e5","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":506,"y":275,"width":52,"height":5}},{"id":"d94fe36b-57ae-4d61-8f87-67c545814f15","block_type":"box","text":"5.2","page_number":3,"box":{"x":786,"y":275,"width":12,"height":5}},{"id":"d711db52-c31c-4e77-b53f-47cfd728e2a3","block_type":"box","text":"Sweden","page_number":3,"box":{"x":506,"y":286,"width":33,"height":5}},{"id":"9e5eb9a4-8acb-47d8-9efc-a814a7ccc636","block_type":"box","text":"3.4","page_number":3,"box":{"x":786,"y":286,"width":12,"height":5}},{"id":"d26e373c-e16d-49eb-9f3a-8d458e79fea0","block_type":"box","text":"Denmark","page_number":3,"box":{"x":506,"y":297,"width":39,"height":5}},{"id":"95dde0d9-cf26-4e01-a7c1-b4aceefb6fdb","block_type":"box","text":"2.7","page_number":3,"box":{"x":786,"y":297,"width":12,"height":5}},{"id":"f5f251b1-48bd-4888-a958-adde9d79aeca","block_type":"box","text":"Belgium","page_number":3,"box":{"x":506,"y":308,"width":33,"height":7}},{"id":"71a133c6-8202-4df9-a721-2a4e62234fe8","block_type":"box","text":"2.0","page_number":3,"box":{"x":786,"y":308,"width":12,"height":5}},{"id":"9aff744a-71b9-4b23-a84c-c469c8f7f641","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":340,"width":240,"height":8}},{"id":"8fe22b2a-ae74-44c2-8d6d-103184d49874","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":160,"y":362,"width":55,"height":5}},{"id":"24dbc403-9223-4bf5-9752-e430d235d81f","block_type":"box","text":"0.2","page_number":3,"box":{"x":437,"y":362,"width":12,"height":5}},{"id":"6f103342-a8f3-4733-b330-e14eee24104a","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":362,"width":7,"height":5}},{"id":"5959c1f8-acc6-4508-a899-e258dc491597","block_type":"box","text":"1 - 2 Years","page_number":3,"box":{"x":160,"y":373,"width":45,"height":5}},{"id":"16a61338-f018-43f7-89db-4a41ba15e90e","block_type":"box","text":"35.3","page_number":3,"box":{"x":431,"y":373,"width":18,"height":5}},{"id":"20e11143-2eb8-4bfc-bbe7-c6d64f73892f","block_type":"box","text":"2 - 3 Years","page_number":3,"box":{"x":160,"y":384,"width":45,"height":5}},{"id":"53fa7b9b-d38f-4513-a0ae-bc026c03588d","block_type":"box","text":"46.2","page_number":3,"box":{"x":431,"y":384,"width":18,"height":5}},{"id":"15193a8c-b13d-4ddc-b8e9-dda17dad9ed7","block_type":"box","text":"3 - 4 Years","page_number":3,"box":{"x":160,"y":395,"width":45,"height":5}},{"id":"c42d1af7-7852-47d8-946e-f5fd440720eb","block_type":"box","text":"9.4","page_number":3,"box":{"x":437,"y":395,"width":13,"height":5}},{"id":"1a855e36-45b6-4bcc-bec5-e26ebede0c33","block_type":"box","text":"Over 5 Years","page_number":3,"box":{"x":160,"y":406,"width":54,"height":5}},{"id":"c40ad139-6064-49b7-9d67-01ada9e9f2ee","block_type":"box","text":"8.9","page_number":3,"box":{"x":437,"y":406,"width":13,"height":5}},{"id":"554003cd-3765-48d7-a59d-d54c74c4ea47","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":439,"width":229,"height":8}},{"id":"91a59b1f-c8db-4c34-8d36-30ed8b7790df","block_type":"box","text":"AAA","page_number":3,"box":{"x":159,"y":463,"width":19,"height":5}},{"id":"22afd75b-9700-4ae9-a81f-fc062d46d769","block_type":"box","text":"0.3","page_number":3,"box":{"x":437,"y":463,"width":12,"height":5}},{"id":"9d45e2fd-f769-4feb-bf88-44f6636cedd4","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":463,"width":7,"height":5}},{"id":"1bb14221-6005-4c4b-8ce8-83af65e7f634","block_type":"box","text":"AA","page_number":3,"box":{"x":159,"y":474,"width":13,"height":5}},{"id":"e28c8573-9d06-4a9a-bf52-b4d30bc96ca9","block_type":"box","text":"8.2","page_number":3,"box":{"x":437,"y":474,"width":12,"height":5}},{"id":"e5d734c7-19b5-45ae-9939-07a9c6b5e6db","block_type":"box","text":"A","page_number":3,"box":{"x":159,"y":485,"width":6,"height":5}},{"id":"272353c4-c8cc-4e48-9e33-31eaad19a55b","block_type":"box","text":"45.1","page_number":3,"box":{"x":431,"y":485,"width":19,"height":5}},{"id":"7a1ebe43-bc80-4386-9605-b7f6ec8ccbc0","block_type":"box","text":"BBB","page_number":3,"box":{"x":160,"y":496,"width":17,"height":5}},{"id":"a48596a3-fc66-4f7e-90d6-ddbd2d4cdcae","block_type":"box","text":"46.1","page_number":3,"box":{"x":431,"y":496,"width":19,"height":5}},{"id":"8378ac60-ecd7-4a19-9971-e616c0f61e72","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":160,"y":507,"width":43,"height":5}},{"id":"c9272e49-8010-470f-8b26-b5c855f65214","block_type":"box","text":"0.2","page_number":3,"box":{"x":437,"y":507,"width":12,"height":5}},{"id":"c67be7a6-22d2-4c86-95ae-d4cdba9c8c98","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":529,"width":739,"height":7}},{"id":"3e5b0f06-27cc-4585-b5f9-8308b3890829","block_type":"box","text":"& Poor’s.","page_number":3,"box":{"x":782,"y":529,"width":43,"height":6}},{"id":"fa95e24d-6424-45c6-972b-3913c9f2048b","block_type":"box","text":"When ratings from all three agencies are available, the median rating is used. When ratings are available from two of the agencies, the lower rating i","page_number":3,"box":{"x":38,"y":539,"width":743,"height":8}},{"id":"bec78e8a-df21-4751-9e0b-4bd6e637967f","block_type":"box","text":"s used.","page_number":3,"box":{"x":782,"y":539,"width":33,"height":6}},{"id":"d83d38d1-e99c-4652-a60e-a3221df3d48c","block_type":"box","text":"When one rating is available, that rating is used.","page_number":3,"box":{"x":38,"y":550,"width":241,"height":7}},{"id":"abbe6805-9d6f-4fb5-b1d4-11f6e7b649ef","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":582,"width":186,"height":8}},{"id":"70ebf6f4-1ac4-447d-9167-7f2450820f29","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":160,"y":605,"width":139,"height":7}},{"id":"6edf1777-ff90-42b7-a9f9-453c02567600","block_type":"box","text":"47.5","page_number":3,"box":{"x":431,"y":605,"width":18,"height":5}},{"id":"e65a1387-9b4e-42b1-8f70-b47ab8e4b3d2","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":605,"width":7,"height":5}},{"id":"34229e36-8093-4b8a-81e0-b76702bd0c8f","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":160,"y":617,"width":96,"height":7}},{"id":"f80e175d-9f31-4ee8-9ff3-be4c75178570","block_type":"box","text":"46.0","page_number":3,"box":{"x":431,"y":617,"width":19,"height":5}},{"id":"5dad144d-5336-47cb-9c03-74eebab75589","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":160,"y":629,"width":83,"height":7}},{"id":"62b105cb-98c0-4407-b09c-ad4bbf4790ae","block_type":"box","text":"6.3","page_number":3,"box":{"x":437,"y":629,"width":12,"height":5}},{"id":"409f5027-f118-4b74-857e-1f59318f3e11","block_type":"box","text":"Cash*","page_number":3,"box":{"x":160,"y":641,"width":25,"height":5}},{"id":"3dff8ace-5a7a-49b6-b4b3-98522531b1ca","block_type":"box","text":"0.2","page_number":3,"box":{"x":437,"y":641,"width":12,"height":5}},{"id":"683a8491-bb04-4c27-bdb2-6286515cddde","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":674,"width":748,"height":7}},{"id":"72db8969-ff63-4704-ad72-654777530bd6","block_type":"box","text":"in","page_number":3,"box":{"x":790,"y":674,"width":8,"height":6}},{"id":"45e5b35c-0623-4af3-af3d-864cd6b16124","block_type":"box","text":"negative weightings. The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in","page_number":3,"box":{"x":39,"y":684,"width":769,"height":8}},{"id":"65d71771-820e-473a-b3a6-e4cbe36900ed","block_type":"box","text":"negative weightings. Allocations are subject to change. Cash includes physical cash on the account, cash like instruments (such as ultra-short term t","page_number":3,"box":{"x":39,"y":695,"width":737,"height":7}},{"id":"28c7f0fa-af78-4c72-ae73-6b43caa3dbfa","block_type":"box","text":"reasury","page_number":3,"box":{"x":777,"y":697,"width":37,"height":5}},{"id":"fe4c3044-0c78-41f3-b11a-8f9a93dc0fb6","block_type":"box","text":"bonds) and derivative instruments.","page_number":3,"box":{"x":39,"y":705,"width":173,"height":8}},{"id":"107f9c8f-75ef-4c77-89af-b15175a1dfa6","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":737,"width":90,"height":8}},{"id":"f185c59b-c085-4eb8-a333-cc100135e30b","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":972,"width":658,"height":8}},{"id":"02c032df-e420-4707-96b0-c0026c809923","block_type":"box","text":"Glossary for ETF attributes","page_number":3,"box":{"x":39,"y":765,"width":154,"height":8}},{"id":"86dba380-cf9f-4d5e-ac16-b59ea9a84b8f","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":780,"width":740,"height":7}},{"id":"75bfe0cc-5dce-4983-8c45-e8e7e191ef52","block_type":"box","text":"ket or index average. These","page_number":3,"box":{"x":779,"y":780,"width":135,"height":7}},{"id":"4b673096-3564-4cae-9580-05dd801de5fa","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":789,"width":753,"height":8}},{"id":"3e1dbb14-3f7a-4d62-b3ef-6bb834bddc5a","block_type":"box","text":"hose of the fund’s benchmark","page_number":3,"box":{"x":793,"y":789,"width":148,"height":6}},{"id":"5976ef0d-3932-46a5-ba02-e4cfd6d8e90b","block_type":"box","text":"index. We’ve provided a definition of the terms used for your convenience.","page_number":3,"box":{"x":39,"y":799,"width":367,"height":7}},{"id":"58a8b65f-d2aa-4342-bfb8-cbf899ec4c49","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":813,"width":82,"height":7}},{"id":"4c09708d-9512-4cd1-990c-3eb0d690b53d","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":812,"width":612,"height":8}},{"id":"026c7298-e195-423b-9be1-5c9c916f33ae","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":826,"width":91,"height":8}},{"id":"8bf860f1-762e-42c5-ab32-779c36be93c7","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":826,"width":719,"height":8}},{"id":"f58480b6-231d-4989-be29-90cd43953525","block_type":"box","text":"hat the issuer may","page_number":3,"box":{"x":852,"y":826,"width":92,"height":8}},{"id":"98739496-e7a4-4916-8a70-5872d4d9dac0","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":835,"width":724,"height":8}},{"id":"f612dce8-c9fb-4da9-8de8-408315530909","block_type":"box","text":"ontracts held. In general, the longer","page_number":3,"box":{"x":764,"y":835,"width":177,"height":8}},{"id":"f31dd510-1b3b-40bb-ad0d-2a8c9d57ff26","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":845,"width":614,"height":7}},{"id":"d0c21588-e634-48d4-a3aa-e9e7fd9d1bda","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":859,"width":81,"height":7}},{"id":"e6c0aaa1-ce86-4449-be41-ec6cead11d50","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":858,"width":694,"height":8}},{"id":"638bbf1e-b3b4-4ae6-8158-38b7cede386a","block_type":"box","text":"e agencies make their","page_number":3,"box":{"x":818,"y":859,"width":108,"height":7}},{"id":"2a8c14e4-a739-43ca-9fbe-a23d364e86fb","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":868,"width":723,"height":8}},{"id":"275f52b4-0f4f-400a-944d-6df29fbc29db","block_type":"box","text":"hy bond issuers.","page_number":3,"box":{"x":762,"y":868,"width":77,"height":8}},{"id":"9ac828c1-fba6-4d61-a9df-6cf2b3e344eb","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":882,"width":88,"height":7}},{"id":"adb891d3-ef15-47c8-ab82-605bf12fc821","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":882,"width":735,"height":7}},{"id":"434b3677-113a-41a9-a99e-3644f597a760","block_type":"box","text":"change,","page_number":3,"box":{"x":869,"y":882,"width":37,"height":7}},{"id":"9d992bdf-6513-46fd-959a-a5ecbc4a9e86","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":891,"width":731,"height":8}},{"id":"5ad70fc2-6b6c-462d-bf40-2ea338e1443b","block_type":"box","text":"uration of five years would decline","page_number":3,"box":{"x":772,"y":891,"width":169,"height":8}},{"id":"f583efab-97e4-4c32-83a7-0e17249e356d","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":900,"width":404,"height":8}},{"id":"31334fa1-db54-4c44-b539-691f042374c1","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":914,"width":72,"height":6}},{"id":"0f77592e-8f9f-4c9b-9435-ad746d346294","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":914,"width":566,"height":8}},{"id":"0edb8c2d-086c-42f1-88b8-4647572c2c50","block_type":"box","text":"Vanguard EUR Corporate 1-3 Year Bond UCITS ETF","page_number":4,"box":{"x":38,"y":34,"width":736,"height":19}},{"id":"9f9027e8-d809-42d2-9cfd-0463199ca419","block_type":"box","text":"EUR Accumulating - An exchange-traded fund","page_number":4,"box":{"x":40,"y":60,"width":392,"height":13}},{"id":"46831cea-b87d-4723-8b96-8dd8590d191f","block_type":"box","text":"E076EN_092026","page_number":4,"box":{"x":894,"y":972,"width":72,"height":6}},{"id":"263e74d4-1c76-4586-aea1-cc1c06a68b92","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":970,"width":627,"height":6}},{"id":"afd24bd1-2e3a-4f37-820d-4bb5b28501c8","block_type":"box","text":"© 2026 Vanguard Asset Management, Limited. All rights reserved.","page_number":4,"box":{"x":39,"y":978,"width":323,"height":7}},{"id":"4e4d8779-f6e4-4494-a3a7-bcf3b71ccbb5","block_type":"box","text":"For more information contact your local sales team or:","page_number":4,"box":{"x":39,"y":304,"width":305,"height":8}},{"id":"c35e9150-de6a-47f7-81c7-1d0ad8d87a32","block_type":"box","text":"Web: http://global.vanguard.com","page_number":4,"box":{"x":38,"y":321,"width":169,"height":8}},{"id":"ebd65440-8c3a-4c38-a6ed-b4221294c4e4","block_type":"box","text":"Client Services (Europe): Tel. +44 (0)203 753 4305","page_number":4,"box":{"x":39,"y":332,"width":250,"height":7}},{"id":"d70a8f96-dce1-42df-bdee-62682d3f8648","block_type":"box","text":"Email:","page_number":4,"box":{"x":39,"y":342,"width":30,"height":6}},{"id":"f74a19ec-d3b4-442d-bca2-b2d2d0b9f7c3","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":4,"box":{"x":73,"y":342,"width":209,"height":8}},{"id":"bc9743f1-a0fb-4184-b54a-9dcb7218f375","block_type":"box","text":"Non advised personal investor: Personal_investor_enquiries@vanguard.co.uk","page_number":4,"box":{"x":39,"y":353,"width":432,"height":7}},{"id":"54a59a18-1725-4ae8-a6bb-fa9a8bcf6e58","block_type":"box","text":"Important information","page_number":4,"box":{"x":39,"y":372,"width":114,"height":7}},{"id":"0a8f6fc2-beba-4a7d-b72a-3c060993a1fe","block_type":"box","text":"This is a marketing communication.","page_number":4,"box":{"x":38,"y":389,"width":179,"height":8}},{"id":"0cf955fd-4143-4485-a1f8-59c2fb23d41b","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":410,"width":595,"height":7}},{"id":"2e7e5d21-0f25-4d14-9920-f10233dadc0a","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":430,"width":744,"height":8}},{"id":"db62f387-607b-4a84-80d3-1050df90cce7","block_type":"box","text":"al investment decisions. The KIID","page_number":4,"box":{"x":785,"y":430,"width":162,"height":6}},{"id":"474415e3-1da9-4683-980b-88bbd93f351b","block_type":"box","text":"for this fund is available, alongside the prospectus via Vanguard’s website https://global.vanguard.com/.","page_number":4,"box":{"x":38,"y":439,"width":525,"height":8}},{"id":"da46acf7-ca8a-44bb-a60e-284b11454472","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":453,"width":432,"height":8}},{"id":"6b694892-09c5-42dc-8a0b-6fee04cb8f21","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":467,"width":709,"height":8}},{"id":"336717d8-7e8f-495b-b8e9-41c284f07ddf","block_type":"box","text":"risdiction where such an offer or","page_number":4,"box":{"x":748,"y":467,"width":161,"height":6}},{"id":"313627f5-b38d-40d1-ba6a-1d8bd664d5d0","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":476,"width":716,"height":8}},{"id":"cd1d7955-e358-46c0-8778-718490511610","block_type":"box","text":"itation is not qualified to do so. The","page_number":4,"box":{"x":756,"y":476,"width":175,"height":8}},{"id":"88d869d0-a8a0-4e43-9318-115d7e3e2daa","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":486,"width":733,"height":7}},{"id":"617ec4aa-b58b-4e67-b54e-b38cbb2a555d","block_type":"box","text":"heir professional advisers on the","page_number":4,"box":{"x":773,"y":486,"width":160,"height":7}},{"id":"7b5f0ef5-96ea-4a13-9c8c-d734c21c06fc","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":495,"width":661,"height":8}},{"id":"20ceae07-19d4-46be-89e5-92f281326789","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":4,"box":{"x":38,"y":509,"width":720,"height":8}},{"id":"95818711-aab0-42f3-86be-709346db7ffc","block_type":"box","text":"countries and the UK. Prospective","page_number":4,"box":{"x":761,"y":509,"width":168,"height":8}},{"id":"515cc354-d6f7-4dd6-9999-836776e6ab6b","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":4,"box":{"x":39,"y":518,"width":741,"height":8}},{"id":"5035bb9b-0b79-40f5-ac07-0d658632bb9f","block_type":"box","text":"rs on the implications of making an","page_number":4,"box":{"x":781,"y":518,"width":173,"height":8}},{"id":"93582268-cc3b-4b0e-a305-62867492fb51","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":4,"box":{"x":39,"y":528,"width":740,"height":7}},{"id":"64372c69-68b4-42f4-b867-8304ac286894","block_type":"box","text":"s in which they are liable to","page_number":4,"box":{"x":780,"y":528,"width":134,"height":7}},{"id":"585e5f75-1605-49d1-8bdc-f946b695086c","block_type":"box","text":"taxation.","page_number":4,"box":{"x":38,"y":537,"width":45,"height":6}},{"id":"25d5c1e2-0f21-4076-af6b-c93af692caf8","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":4,"box":{"x":38,"y":551,"width":757,"height":7}},{"id":"ab89b896-b260-42f9-966e-28f8045e78fa","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":4,"box":{"x":38,"y":564,"width":700,"height":8}},{"id":"eb7182ef-2aff-4b3a-b530-fe38efeab14b","block_type":"box","text":"https://fund-docs.vanguard.com/portfolio-holdings-disclosure-policy.pdf","page_number":4,"box":{"x":39,"y":574,"width":366,"height":8}},{"id":"57608d42-da4f-4d04-aad3-8fa176759548","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":588,"width":774,"height":7}},{"id":"4234f1e4-5bdb-43ad-8043-556f1fe774ff","block_type":"box","text":"ccordance with the UCITS","page_number":4,"box":{"x":813,"y":588,"width":129,"height":6}},{"id":"f8d71eb2-c926-44fc-b5ba-387327fdcf6b","block_type":"box","text":"Directive, as may be amended from time to time.","page_number":4,"box":{"x":39,"y":597,"width":244,"height":8}},{"id":"308964fd-ad60-4f37-a1cb-becf2a61e6cb","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":611,"width":445,"height":7}},{"id":"e38f452e-b443-4ee3-9d28-bc07752586f9","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":620,"width":790,"height":8}},{"id":"58b47207-0c59-4ddd-83f3-2ddfaeb0743d","block_type":"box","text":"rman, French, Spanish,","page_number":4,"box":{"x":831,"y":620,"width":112,"height":8}},{"id":"44a5648c-d67d-4f4a-9e88-a41eb4231635","block_type":"box","text":"Dutch and Italian.","page_number":4,"box":{"x":39,"y":630,"width":88,"height":6}},{"id":"a0f287c2-8f14-45d3-9540-89639445d03b","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":657,"width":757,"height":7}},{"id":"98dcccdb-d431-4455-b2fb-e2fd9e3cd97f","block_type":"box","text":"Limited (“BISL”) (collectively,","page_number":4,"box":{"x":800,"y":657,"width":143,"height":7}},{"id":"b9ccf38d-594e-485c-8ed8-62f94dcb05b4","block_type":"box","text":"“Bloomberg”), or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices.","page_number":4,"box":{"x":39,"y":666,"width":452,"height":8}},{"id":"706f0c86-79b5-478b-9784-d39268a5fd58","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":680,"width":747,"height":8}},{"id":"9593b90f-2992-4aff-98eb-60f59fdc18c4","block_type":"box","text":"lied, to the owners or purchasers","page_number":4,"box":{"x":787,"y":680,"width":161,"height":8}},{"id":"eff63ffa-b4dc-4cd0-ac19-e6b70820931f","block_type":"box","text":"of the products or any member of the public regarding the advisability of investing in securities generally or in the products particularly or the abi","page_number":4,"box":{"x":39,"y":689,"width":721,"height":8}},{"id":"cbbf6809-9b44-4ddd-8d66-0167aadb71cb","block_type":"box","text":"lity of the Bloomberg Indices to track","page_number":4,"box":{"x":762,"y":689,"width":184,"height":8}},{"id":"5c1f24a1-9a8d-4904-ab24-c8dd3eb83bf3","block_type":"box","text":"general bond market performance. Bloomberg shall not pass on the legality or suitability of the products with respect to any person or entity. Bloombe","page_number":4,"box":{"x":39,"y":699,"width":752,"height":7}},{"id":"135d6c3f-f7b6-4239-b861-016e26bb41ef","block_type":"box","text":"rg’s only relationship to","page_number":4,"box":{"x":793,"y":699,"width":115,"height":7}},{"id":"aa35f2e0-3fac-499f-aac4-168c0f8c3d89","block_type":"box","text":"Vanguard and the products are the licensing of the Bloomberg Indices which are determined, composed and calculated by BISL without regard to Vanguard","page_number":4,"box":{"x":38,"y":708,"width":777,"height":8}},{"id":"c9c486c7-32af-437d-8100-cce2d54ef144","block_type":"box","text":"or the products or any","page_number":4,"box":{"x":819,"y":708,"width":110,"height":8}},{"id":"1e122595-e8ed-4d88-ba75-66c407054da4","block_type":"box","text":"owners or purchasers of the products. Bloomberg has no obligation to take the needs of the products or the owners of the products into consideration i","page_number":4,"box":{"x":39,"y":718,"width":754,"height":7}},{"id":"b3849111-69ff-4399-a4c6-0bdd17e753f4","block_type":"box","text":"n determining, composing or","page_number":4,"box":{"x":795,"y":718,"width":141,"height":7}},{"id":"dc6086be-3bf0-42f8-9ea9-8c1b188206e7","block_type":"box","text":"calculating the Bloomberg Indices. Bloomberg shall not be responsible for and has not participated in the determination of the timing of, prices at, o","page_number":4,"box":{"x":39,"y":727,"width":737,"height":8}},{"id":"750363f0-0586-4400-8608-e30362c4a50a","block_type":"box","text":"r quantities of the products to be","page_number":4,"box":{"x":778,"y":727,"width":164,"height":8}},{"id":"bfd27d73-9f0c-44cf-867f-76c1b2cc4795","block_type":"box","text":"issued. Bloomberg shall not have any obligation or liability in connection with the administration, marketing or trading of the products.","page_number":4,"box":{"x":39,"y":736,"width":670,"height":8}},{"id":"caba02f6-b1b7-4392-8370-7eb3dc636e6d","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":754,"width":506,"height":8}},{"id":"678f1d38-4afd-45e7-b14d-f7d6c8a2b5f8","block_type":"box","text":"SEDOL Data has been provided from the London Stock Exchange’s","page_number":4,"box":{"x":39,"y":765,"width":326,"height":8}},{"id":"d3b00959-ed07-4952-9aa6-68b4930f9a12","block_type":"box","text":"SEDOL Masterfile®.","page_number":4,"box":{"x":368,"y":765,"width":98,"height":6}},{"id":"c4abfad5-70d2-4d3d-8a71-1af10cb5ceeb","block_type":"box","text":"Investment risk information","page_number":4,"box":{"x":39,"y":90,"width":156,"height":6}},{"id":"ac0c8d31-6def-4fa6-aa79-7d764fe8d472","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":104,"width":603,"height":8}},{"id":"c8fe48f5-035b-4235-985c-8721be781849","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":4,"box":{"x":39,"y":118,"width":302,"height":7}},{"id":"8b75b568-fadb-42ff-9ca7-5e81f8b4e2e2","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":131,"width":723,"height":8}},{"id":"f573fb4d-93d4-44bf-9705-baee54f26225","block_type":"box","text":"of income may fluctuate.","page_number":4,"box":{"x":767,"y":131,"width":124,"height":8}},{"id":"4a88e169-33dd-4a21-9e5a-ffe03e632236","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":141,"width":731,"height":7}},{"id":"4c55785b-9651-4202-886f-8464cbbb3bcd","block_type":"box","text":"may carry greater credit risk","page_number":4,"box":{"x":774,"y":141,"width":141,"height":7}},{"id":"e5fbb736-1c07-4049-a73c-4586f0008bb0","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":150,"width":751,"height":8}},{"id":"48520186-285a-491f-9481-669923e4c6d7","block_type":"box","text":"terest rates are likely to","page_number":4,"box":{"x":792,"y":150,"width":118,"height":8}},{"id":"7bbd484c-09b1-40e1-b811-5770f6c447bc","block_type":"box","text":"affect the capital value of bonds.","page_number":4,"box":{"x":39,"y":160,"width":164,"height":7}},{"id":"2949f66c-bde1-4c23-a933-0433f8cb3b09","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":4,"box":{"x":39,"y":173,"width":751,"height":8}},{"id":"7cb3d452-44be-40b1-bf80-5bc3a5f89762","block_type":"box","text":"dered fully before","page_number":4,"box":{"x":792,"y":173,"width":87,"height":8}},{"id":"1ce1f29d-aff4-4ad2-abaf-55c062c7e4da","block_type":"box","text":"investing.","page_number":4,"box":{"x":39,"y":183,"width":46,"height":7}},{"id":"25768304-b296-4caa-b0d4-f7dc41fad6f5","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":196,"width":744,"height":8}},{"id":"82c9f5a9-2081-4651-b8f4-4afd2116caed","block_type":"box","text":"exposure to underlying","page_number":4,"box":{"x":785,"y":196,"width":112,"height":8}},{"id":"0421ec1b-89ba-4c2e-b134-ba0798fbb292","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":206,"width":706,"height":7}},{"id":"6e810af7-4a99-471f-8be8-45aebaa5c95d","block_type":"box","text":"a financial asset (such as a share,","page_number":4,"box":{"x":748,"y":206,"width":167,"height":7}},{"id":"6234fd24-cb06-4111-8840-94e753839dee","block_type":"box","text":"bond, or currency) or a market index.","page_number":4,"box":{"x":39,"y":215,"width":182,"height":8}},{"id":"df8645a0-9bc3-4dce-8493-a487376111b5","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":229,"width":761,"height":8}},{"id":"55690cfa-f5f4-4720-9541-c609017e87ab","block_type":"box","text":"ts.","page_number":4,"box":{"x":802,"y":230,"width":11,"height":5}},{"id":"22c77362-4066-42e4-9741-a4bc6e0831f5","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":242,"width":674,"height":8}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"6d93cec0-06b7-4cc4-8167-39709f7674cd"},"user_id":1000002,"date_created":"2026-10-15T22:27:20.642000Z","date_modified":"2026-10-15T22:27:20.642000Z","private":false}