{"annotation_id":"f602a337-370e-4f29-a970-75cf2a89ae3c","file_hash":"15f71699443b5caa987d258aecfac5414de1adf80703d3889daa049fdd72d96a","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"1dc674b4-4b00-456a-833b-8acad69ce809","block_type":"box","text":"Vanguard","page_number":1,"box":{"x":792,"y":12,"width":155,"height":25}},{"id":"0e64d387-a47a-402d-8181-91b2f1ee0bbd","block_type":"box","text":"®","page_number":1,"box":{"x":947,"y":13,"width":14,"height":4}},{"id":"84b67a46-89fa-4181-ba73-9ef231a82565","block_type":"box","text":"Vanguard EUR Corporate Bond UCITS ETF","page_number":1,"box":{"x":38,"y":107,"width":680,"height":22}},{"id":"59b43745-c9a1-4f25-a5be-cb3843ff7841","block_type":"box","text":"USD Hedged Acc - An exchange-traded fund","page_number":1,"box":{"x":40,"y":136,"width":378,"height":13}},{"id":"37c432f1-ed26-463f-8a30-7edfe12ad35a","block_type":"box","text":"Inception date: 08 April 2025","page_number":1,"box":{"x":40,"y":155,"width":210,"height":10}},{"id":"773d18b4-1846-4c3f-b0f0-eecb9f7abb5c","block_type":"box","text":"Total assets (million) $6,868","page_number":1,"box":{"x":38,"y":176,"width":162,"height":8}},{"id":"841f0a31-d4ec-4b32-b48d-bfca5515c6c2","block_type":"box","text":"|","page_number":1,"box":{"x":205,"y":176,"width":1,"height":7}},{"id":"c4c0818f-f2d8-4b45-a6dc-8a55d3dc222a","block_type":"box","text":"Share class assets (million) $1 as at 30 September 2026","page_number":1,"box":{"x":211,"y":176,"width":318,"height":8}},{"id":"a3ecb67c-58cf-4f8d-9f6b-0a38c5a73017","block_type":"box","text":"Key ETF facts","page_number":1,"box":{"x":39,"y":210,"width":89,"height":9}},{"id":"5a91e56c-9f0a-47e6-a679-5d4c1dc5ad3d","block_type":"box","text":"Exchange ticker","page_number":1,"box":{"x":307,"y":214,"width":80,"height":7}},{"id":"c8041557-a388-4347-ac31-929065437dc2","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":457,"y":214,"width":36,"height":6}},{"id":"989bf50e-dda1-429c-ad9c-153e39328238","block_type":"box","text":"Reuters","page_number":1,"box":{"x":561,"y":214,"width":39,"height":6}},{"id":"cee1145d-0d4d-46a8-8eb8-29d88200de81","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":674,"y":214,"width":54,"height":7}},{"id":"93dd4a60-b270-4a10-8ee1-c27d93b3fe58","block_type":"box","text":"Bloomberg iNav","page_number":1,"box":{"x":771,"y":214,"width":80,"height":7}},{"id":"4ae7d12c-b322-42e8-9833-a316dd279b83","block_type":"box","text":"Valoren","page_number":1,"box":{"x":912,"y":214,"width":39,"height":6}},{"id":"e2442975-b0ed-4211-858c-3d3d1eebc0e5","block_type":"box","text":"London Stock Exchange","page_number":1,"box":{"x":39,"y":231,"width":120,"height":8}},{"id":"7aab71d1-144d-4e67-a825-f96ed949e722","block_type":"box","text":"USD","page_number":1,"box":{"x":39,"y":242,"width":18,"height":5}},{"id":"634ee13d-d771-48af-84d1-0522b1fcad3a","block_type":"box","text":"VECU","page_number":1,"box":{"x":362,"y":243,"width":24,"height":5}},{"id":"559f68ca-fc7d-4497-87a1-4af65f7a096b","block_type":"box","text":"BSY1TV8","page_number":1,"box":{"x":453,"y":243,"width":40,"height":5}},{"id":"160c63cd-4219-4f9e-92d1-d2de6df342d2","block_type":"box","text":"VECU.L","page_number":1,"box":{"x":567,"y":243,"width":33,"height":5}},{"id":"e0e82fa4-7857-4a86-ac83-83c2eb2e4e50","block_type":"box","text":"VECU LN","page_number":1,"box":{"x":689,"y":243,"width":39,"height":5}},{"id":"63784e0c-1d87-470a-91db-6b7be1595cc1","block_type":"box","text":"IVECUUSD","page_number":1,"box":{"x":804,"y":243,"width":46,"height":5}},{"id":"e7c19df0-16c7-43f5-9d20-a6a86252f9ef","block_type":"box","text":"—","page_number":1,"box":{"x":945,"y":245,"width":6,"height":1}},{"id":"ac7cfd7a-7056-4376-9198-6ec6bb4630d9","block_type":"box","text":"Ongoing Charges Figure†","page_number":1,"box":{"x":39,"y":409,"width":134,"height":8}},{"id":"80400b1d-7e6c-438b-91ef-130fe17e6e0a","block_type":"box","text":"e†","page_number":1,"box":{"x":173,"y":407,"width":10,"height":8}},{"id":"20a71f69-77b6-4628-95ad-37fd8ef09a26","block_type":"box","text":"0.10","page_number":1,"box":{"x":218,"y":410,"width":21,"height":6}},{"id":"5a928c0d-e5dd-48ef-934d-dbc6c068072e","block_type":"box","text":"%","page_number":1,"box":{"x":240,"y":410,"width":9,"height":6}},{"id":"50afb0c9-bbf9-470f-a8ac-83317764dffa","block_type":"box","text":"†","page_number":1,"box":{"x":39,"y":432,"width":5,"height":5}},{"id":"850e21ec-b5f0-425c-9e7a-cf056f6b4fcd","block_type":"box","text":"The Ongoing Charges Figure (OCF) covers administration, audit, depository, legal, registration and regulatory expenses incurred in respect of the Fu","page_number":1,"box":{"x":49,"y":433,"width":738,"height":8}},{"id":"cef8ab67-3944-47b7-a76d-6f938b9dea77","block_type":"box","text":"nds. When you invest with","page_number":1,"box":{"x":789,"y":433,"width":129,"height":8}},{"id":"8caa73ee-f01e-4193-85da-dca1e7edc2a3","block_type":"box","text":"any fund manager, you pay a number of charges, starting with the Annual Management Charge (AMC) which covers the fund manager’s costs of managing","page_number":1,"box":{"x":39,"y":446,"width":777,"height":8}},{"id":"6d2f43c1-def2-4890-bf12-40a6a38f5233","block_type":"box","text":"the fund. The AMC","page_number":1,"box":{"x":820,"y":446,"width":93,"height":6}},{"id":"62c7a893-5d3a-4520-8d78-bcba45b12efb","block_type":"box","text":"plus ongoing running costs and other operational expenses make up the fund’s total ’ongoing charges figure’.","page_number":1,"box":{"x":39,"y":457,"width":543,"height":7}},{"id":"59dc0612-7ab0-4752-ae82-e959fb2967ea","block_type":"box","text":"Objectives and investment policy","page_number":1,"box":{"x":39,"y":476,"width":186,"height":8}},{"id":"b245ee70-b466-4fde-87dc-6fad978f3225","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":493,"width":3,"height":2}},{"id":"37ae2059-ac7e-46fb-945f-c08a9d4ca28f","block_type":"box","text":"The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the pe","page_number":1,"box":{"x":51,"y":491,"width":732,"height":7}},{"id":"ee05fe2a-38fd-47af-b143-9db69c397cfb","block_type":"box","text":"rformance of the Bloomberg","page_number":1,"box":{"x":784,"y":491,"width":142,"height":7}},{"id":"e2dfaa78-8442-4e28-94fe-f958bcbf8cb8","block_type":"box","text":"Euro Corporate Index (the “Index“).","page_number":1,"box":{"x":51,"y":501,"width":175,"height":8}},{"id":"ab467b20-3b2c-4fb2-94d4-912077632a0c","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":516,"width":3,"height":2}},{"id":"a23d0f03-3984-40a6-ac5f-bc34933c5212","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":513,"width":685,"height":8}},{"id":"dd677f6d-b922-476f-a2dc-e7d28c7276b6","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":528,"width":3,"height":2}},{"id":"cef0fe0e-5e8c-404e-9a42-419fba7920eb","block_type":"box","text":"The Index measures the performance of a broad spread of Euro denominated bonds paying a fixed rate of interest which are issued or guaranteed by compa","page_number":1,"box":{"x":51,"y":526,"width":780,"height":7}},{"id":"eee945a7-8a1b-4669-b0de-ca931ba56afd","block_type":"box","text":"nies.","page_number":1,"box":{"x":833,"y":526,"width":21,"height":6}},{"id":"bc4fe780-8c5d-4a1c-a503-bb6dd43790e8","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":540,"width":3,"height":2}},{"id":"67db991d-2ca6-42cf-bf86-f18ca929908c","block_type":"box","text":"Bonds in the Index have maturities of greater than one year and generally investment grade.","page_number":1,"box":{"x":51,"y":538,"width":461,"height":8}},{"id":"00745ebc-6de5-459e-a2e8-017f3826cbb5","block_type":"box","text":"•","page_number":1,"box":{"x":39,"y":552,"width":3,"height":3}},{"id":"22d63e76-0ee3-4ec1-a641-598307c81619","block_type":"box","text":"To a lesser extent the Fund may invest in similar types of bonds outside the Index.","page_number":1,"box":{"x":51,"y":550,"width":406,"height":8}},{"id":"3f37dc7d-a8ae-411c-b5a2-7f0ccd41ceec","block_type":"box","text":"‡","page_number":1,"box":{"x":35,"y":956,"width":3,"height":4}},{"id":"42dbb3fd-77d1-4d84-9bbc-5356d2b69da9","block_type":"box","text":"Synthetic Risk and Reward Indicator","page_number":1,"box":{"x":42,"y":956,"width":181,"height":7}},{"id":"9d07b53e-d5aa-4a92-827c-ccd6760213c2","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":"8b3b8538-fd18-485b-977c-ab9368f251a9","block_type":"box","text":"Base currency","page_number":1,"box":{"x":39,"y":270,"width":71,"height":7}},{"id":"3148e6dd-bda6-4f8b-9627-b692ae25527d","block_type":"box","text":"Tax reporting","page_number":1,"box":{"x":268,"y":269,"width":69,"height":8}},{"id":"9708d570-13f5-4d9f-b26a-2b9d0890b247","block_type":"box","text":"SRRI","page_number":1,"box":{"x":412,"y":270,"width":23,"height":6}},{"id":"28dca82f-fbbf-4deb-854a-1106d0710086","block_type":"box","text":"‡","page_number":1,"box":{"x":436,"y":270,"width":4,"height":3}},{"id":"cc350d99-07b3-483d-a5e6-929c59e17f0c","block_type":"box","text":"Index ticker","page_number":1,"box":{"x":496,"y":269,"width":59,"height":7}},{"id":"61b6a96d-0722-433c-900a-e501726437da","block_type":"box","text":"Investment structure","page_number":1,"box":{"x":646,"y":270,"width":108,"height":6}},{"id":"e47bf573-0c9e-4a62-b2b9-e031b74547e8","block_type":"box","text":"Domicile","page_number":1,"box":{"x":903,"y":269,"width":42,"height":7}},{"id":"9994a1e5-d061-478e-89b3-8c1b57cb46c2","block_type":"box","text":"EUR","page_number":1,"box":{"x":39,"y":286,"width":17,"height":5}},{"id":"d9fe3d93-106b-4cde-b69d-525fcd4e707f","block_type":"box","text":"Austria, Italy, Switzerland, UK","page_number":1,"box":{"x":210,"y":286,"width":128,"height":7}},{"id":"66d92d67-b92d-4a26-a5cb-317e3e764b7d","block_type":"box","text":"3","page_number":1,"box":{"x":435,"y":286,"width":4,"height":5}},{"id":"06dc9455-889d-4800-941a-0cdbb5888a02","block_type":"box","text":"H02002US","page_number":1,"box":{"x":507,"y":286,"width":47,"height":5}},{"id":"719f7efe-b0cb-4f5d-85c9-a8e2b4eb46a8","block_type":"box","text":"UCITS","page_number":1,"box":{"x":727,"y":286,"width":25,"height":5}},{"id":"61cbeaa8-d866-4d65-9ce4-08d9a43ce738","block_type":"box","text":"Ireland","page_number":1,"box":{"x":917,"y":286,"width":28,"height":5}},{"id":"89422fd9-d316-4deb-b0b8-4bfc18579285","block_type":"box","text":"Legal entity","page_number":1,"box":{"x":39,"y":317,"width":60,"height":8}},{"id":"53df6e56-55ae-4e47-8f3a-2105c4b7c1e2","block_type":"box","text":"Investment method","page_number":1,"box":{"x":238,"y":317,"width":99,"height":6}},{"id":"220b38ac-97c9-4633-88f8-694a6cb237f4","block_type":"box","text":"ISIN","page_number":1,"box":{"x":420,"y":317,"width":20,"height":6}},{"id":"c11c0e41-fa0b-4ad6-9e85-d2ab1acf21dd","block_type":"box","text":"Dividends","page_number":1,"box":{"x":506,"y":317,"width":49,"height":6}},{"id":"2bd9fed9-8159-44a4-94e9-79b6f60823f2","block_type":"box","text":"Dividend schedule","page_number":1,"box":{"x":663,"y":317,"width":90,"height":6}},{"id":"429d0381-5da0-4cd9-8ef6-4392cba8e3cb","block_type":"box","text":"Investment manager","page_number":1,"box":{"x":841,"y":317,"width":105,"height":8}},{"id":"647fa2a2-6db0-4b22-b9ce-b34200405a08","block_type":"box","text":"Vanguard Funds plc","page_number":1,"box":{"x":38,"y":334,"width":85,"height":6}},{"id":"1ddd88cb-4cfa-4614-a693-2f8b0ca336f4","block_type":"box","text":"Physical","page_number":1,"box":{"x":303,"y":334,"width":34,"height":6}},{"id":"073a991b-e3b5-4f8b-ae97-5e7112810843","block_type":"box","text":"IE00BGYWT510","page_number":1,"box":{"x":370,"y":334,"width":69,"height":5}},{"id":"35370d35-e533-47f9-83fd-9a9937b5196e","block_type":"box","text":"Accumulated","page_number":1,"box":{"x":499,"y":334,"width":55,"height":5}},{"id":"e8291be1-9a2d-4c0e-9652-94d61974800b","block_type":"box","text":"—","page_number":1,"box":{"x":746,"y":337,"width":7,"height":0}},{"id":"fabc7bd7-6346-4f4a-ae87-e26d91460b8c","block_type":"box","text":"Vanguard Asset Management, Limited","page_number":1,"box":{"x":780,"y":334,"width":166,"height":6}},{"id":"64c16b52-d0e1-41c2-ba4e-c9aa280d8b0c","block_type":"box","text":"This is a marketing communication.","page_number":1,"box":{"x":38,"y":67,"width":229,"height":9}},{"id":"a8bde1ba-ea51-460b-8e1d-6d647ec6b08e","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":39,"y":80,"width":84,"height":10}},{"id":"7530f2a3-ed3d-400e-b444-6dbbe711511e","block_type":"box","text":"|","page_number":1,"box":{"x":125,"y":81,"width":7,"height":11}},{"id":"6b24bbd0-aa56-4791-b35f-699df30515c8","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":132,"y":81,"width":161,"height":11}},{"id":"f4e01edc-9cdc-4110-b8d7-3da5c1aa55d1","block_type":"box","text":"Vanguard EUR Corporate Bond UCITS ETF","page_number":2,"box":{"x":38,"y":34,"width":612,"height":19}},{"id":"e6979fc6-23b1-4dd8-879a-3a74e1cca9bc","block_type":"box","text":"USD Hedged Acc - An exchange-traded fund","page_number":2,"box":{"x":40,"y":60,"width":378,"height":13}},{"id":"104d5d1d-8455-4b4d-b242-b5223032d3d7","block_type":"box","text":"Performance summary","page_number":2,"box":{"x":39,"y":99,"width":127,"height":8}},{"id":"11f0aaed-a5c3-4918-a5e5-531c76a34454","block_type":"box","text":"USD","page_number":2,"box":{"x":39,"y":117,"width":21,"height":6}},{"id":"a9089768-eb22-4d01-a6c4-2cb3b1cb2178","block_type":"box","text":"—","page_number":2,"box":{"x":61,"y":120,"width":8,"height":1}},{"id":"4b5e0a5c-250e-4104-89ba-0d369c6a4eb9","block_type":"box","text":"Vanguard EUR Corporate Bond UCITS ETF","page_number":2,"box":{"x":69,"y":117,"width":213,"height":7}},{"id":"06cb6a1d-fcf4-4f29-876c-5cb39751c238","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":128,"width":56,"height":6}},{"id":"488bb926-8ebf-4a11-ae33-5f556f328982","block_type":"box","text":"— Bloomberg Euro Corporate Index Hedged in USD","page_number":2,"box":{"x":98,"y":128,"width":253,"height":7}},{"id":"5d30c7d3-719f-4585-9d7d-c1ef8d3827d4","block_type":"box","text":"Annualised performance**","page_number":2,"box":{"x":38,"y":187,"width":148,"height":8}},{"id":"0584299c-5c46-494a-b5d8-701e2a4f035e","block_type":"box","text":"1 month","page_number":2,"box":{"x":284,"y":187,"width":40,"height":6}},{"id":"1770431f-6456-4b16-a130-3e92f1cc38c9","block_type":"box","text":"Quarter","page_number":2,"box":{"x":378,"y":187,"width":39,"height":6}},{"id":"51ba22c7-2cae-45c6-ba6e-82c438106e2b","block_type":"box","text":"Year to","page_number":2,"box":{"x":473,"y":177,"width":36,"height":6}},{"id":"5526c2e7-06a9-48c4-b79a-2630e12a1248","block_type":"box","text":"date","page_number":2,"box":{"x":486,"y":187,"width":23,"height":6}},{"id":"cba39cd6-6477-4b50-9800-29b0dec841b0","block_type":"box","text":"1 year","page_number":2,"box":{"x":557,"y":187,"width":30,"height":8}},{"id":"a655881c-bbb1-45c0-be13-60179f80139c","block_type":"box","text":"3 years","page_number":2,"box":{"x":633,"y":187,"width":35,"height":8}},{"id":"7b64bdf1-6446-437b-8086-85ed89a89c55","block_type":"box","text":"5 years","page_number":2,"box":{"x":724,"y":187,"width":35,"height":8}},{"id":"78a64faa-0ac0-4576-adbb-1be91daa240a","block_type":"box","text":"10 years","page_number":2,"box":{"x":813,"y":187,"width":41,"height":8}},{"id":"b6bc12fa-2d34-4b2e-92a2-d2c5cd64f50b","block_type":"box","text":"Since","page_number":2,"box":{"x":926,"y":177,"width":26,"height":6}},{"id":"65168b56-e6ce-4731-b969-efdae9410410","block_type":"box","text":"inception","page_number":2,"box":{"x":907,"y":188,"width":45,"height":7}},{"id":"be63dc1a-7a74-4838-b345-98ab1b66e765","block_type":"box","text":"Fund","page_number":2,"box":{"x":39,"y":205,"width":20,"height":5}},{"id":"c3955ef3-6eef-4248-87ff-a3f9bd10c681","block_type":"box","text":"(Net of expenses","page_number":2,"box":{"x":63,"y":205,"width":59,"height":6}},{"id":"baa28f8c-2139-47da-b51d-1d8b2d808ed9","block_type":"box","text":")","page_number":2,"box":{"x":123,"y":205,"width":3,"height":6}},{"id":"184f6255-9f9d-41bd-abef-749e983caf3a","block_type":"box","text":"-1.18%","page_number":2,"box":{"x":294,"y":205,"width":30,"height":5}},{"id":"10fe6bef-4770-4a95-97ee-ceaa683fe2c4","block_type":"box","text":"-2.14%","page_number":2,"box":{"x":386,"y":205,"width":30,"height":5}},{"id":"fc544fa8-4341-4eb3-b31b-88b1e34f702b","block_type":"box","text":"-0.02%","page_number":2,"box":{"x":478,"y":205,"width":31,"height":5}},{"id":"d8c335df-958d-46d2-9002-38debda5a112","block_type":"box","text":"0.77%","page_number":2,"box":{"x":560,"y":205,"width":26,"height":5}},{"id":"d97e561a-3b2e-41e7-80a3-a7687949bee6","block_type":"box","text":"—","page_number":2,"box":{"x":662,"y":208,"width":6,"height":0}},{"id":"88a1d169-cb25-4f81-a86e-451722161f7d","block_type":"box","text":"—","page_number":2,"box":{"x":752,"y":208,"width":7,"height":0}},{"id":"43821a8a-7f56-4aa9-b624-63b2fbb7394d","block_type":"box","text":"—","page_number":2,"box":{"x":847,"y":208,"width":7,"height":0}},{"id":"093a1bc1-07c1-4239-9f00-ad95c5959aa3","block_type":"box","text":"3.19%","page_number":2,"box":{"x":925,"y":205,"width":27,"height":5}},{"id":"fe942f7e-61bb-4bed-9280-05a1ec175e2c","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":39,"y":221,"width":48,"height":5}},{"id":"329ab20b-4ad0-4916-a8d6-b6c824e55aa9","block_type":"box","text":"-1.18%","page_number":2,"box":{"x":294,"y":220,"width":30,"height":5}},{"id":"cdcb3831-369e-4310-9ca1-5b10ea843132","block_type":"box","text":"-2.12%","page_number":2,"box":{"x":386,"y":220,"width":30,"height":5}},{"id":"f4736ed7-5ee7-49a3-b08c-7dea06c02f86","block_type":"box","text":"0.09%","page_number":2,"box":{"x":482,"y":220,"width":27,"height":5}},{"id":"56f17ba2-d370-44bc-aaab-b1ac14eda227","block_type":"box","text":"0.89%","page_number":2,"box":{"x":560,"y":220,"width":26,"height":5}},{"id":"4bf143a4-5e2c-4d23-ae43-ce3b552f6a76","block_type":"box","text":"5.89%","page_number":2,"box":{"x":641,"y":220,"width":27,"height":5}},{"id":"54c7d282-0817-4fda-9f92-7bb398f2936c","block_type":"box","text":"1.74%","page_number":2,"box":{"x":732,"y":220,"width":26,"height":5}},{"id":"3710aa2b-f196-4706-b4d4-c4916e083dd8","block_type":"box","text":"2.75%","page_number":2,"box":{"x":827,"y":220,"width":27,"height":5}},{"id":"9fa515d4-ada8-48f3-a048-baa65aba2357","block_type":"box","text":"3.33%","page_number":2,"box":{"x":925,"y":220,"width":27,"height":5}},{"id":"318dae1d-4a16-449c-af20-9cd7c141079b","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":"dc9316ff-63fc-430a-b660-a6b3191f2dce","block_type":"box","text":"ment of all dividends and any","page_number":2,"box":{"x":775,"y":237,"width":145,"height":7}},{"id":"4ca722df-3970-4b4a-b847-49fb2566f378","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":"5a78bde3-edde-407c-9f95-c1da00c7ce01","block_type":"box","text":"asis of fund performance is","page_number":2,"box":{"x":797,"y":246,"width":135,"height":8}},{"id":"ebd12bbb-2f8b-40e8-94b5-32f3fb66a4f1","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":"84e73c32-2f68-45af-a1c2-04b9a7c3edb4","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":"5dae0c79-d883-4e5d-a51c-4d3b733252f5","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":"bf8e4c36-08ac-4bd0-933f-6229aef268b7","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":"c8b11622-caac-477c-8f5f-83cc8af45137","block_type":"box","text":"reinvestment of all dividends","page_number":2,"box":{"x":779,"y":298,"width":143,"height":6}},{"id":"6fff7210-96ea-4802-9349-7b0861327e3e","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":"89800f9e-06fc-4b84-9194-52d99fde608e","block_type":"box","text":"hares. Basis of fund","page_number":2,"box":{"x":799,"y":308,"width":97,"height":6}},{"id":"d97132de-5b81-4d64-b19d-b1218d510f03","block_type":"box","text":"performance is NAV to NAV. Basis of index performance is total return. All performance is calculated in USD, net of fees.","page_number":2,"box":{"x":39,"y":317,"width":604,"height":8}},{"id":"0bf40d42-5525-40ff-94e3-26b675281a1f","block_type":"box","text":"Source: Vanguard","page_number":2,"box":{"x":39,"y":344,"width":88,"height":8}},{"id":"83821def-d7b3-4222-9cfb-425ebce8133b","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":569,"width":7,"height":1}},{"id":"d2bda900-3587-4189-a2d6-777a105b36c8","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":569,"width":7,"height":1}},{"id":"09b9529f-56e8-4852-83e3-b73645b17efb","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":569,"width":7,"height":1}},{"id":"268f04a6-108d-4997-8bb5-14251028eb63","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":569,"width":7,"height":1}},{"id":"3f484023-138e-4261-af9a-37e4ba0da363","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":569,"width":6,"height":1}},{"id":"13939b8e-92c9-44be-b7da-56270ba1d2b5","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":569,"width":7,"height":1}},{"id":"0aeaf539-7ead-410b-bca3-d01e48cb16cd","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":569,"width":6,"height":1}},{"id":"2ae6ffbe-ab35-43c5-8b5d-ba4d220dba93","block_type":"box","text":"—","page_number":2,"box":{"x":765,"y":569,"width":7,"height":1}},{"id":"22b806ae-b7b8-4ed7-80d6-8cec561dc253","block_type":"box","text":"—","page_number":2,"box":{"x":843,"y":569,"width":6,"height":1}},{"id":"0a295c57-ae27-42f1-93d2-c18186c33100","block_type":"box","text":"01 Oct 2025","page_number":2,"box":{"x":897,"y":549,"width":53,"height":5}},{"id":"29f3ebdd-41dd-4ed9-8af4-f4ac7e31428c","block_type":"box","text":"-","page_number":2,"box":{"x":923,"y":560,"width":3,"height":1}},{"id":"aa77f9d0-e942-465a-a10c-be4ac880b500","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":897,"y":566,"width":53,"height":7}},{"id":"975fa0b6-552b-4e51-89fa-dc01573b2b71","block_type":"box","text":"Fund (","page_number":2,"box":{"x":63,"y":582,"width":27,"height":7}},{"id":"4dcdd293-d5d7-4455-af3a-4f41dc556886","block_type":"box","text":"Net of expenses)","page_number":2,"box":{"x":91,"y":583,"width":59,"height":6}},{"id":"97e4c583-f73d-4b76-a92a-e192dfbe6a9a","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":587,"width":7,"height":0}},{"id":"c978d16e-d1cc-433b-a48e-71990943e622","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":587,"width":7,"height":0}},{"id":"f73be97a-99e4-4010-8b95-a5f93d6bd983","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":587,"width":7,"height":0}},{"id":"b831baea-e509-4f3e-9ed3-52368896ba9c","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":587,"width":7,"height":0}},{"id":"4c7b7c37-3c05-492f-a81b-4c64e9c9e479","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":587,"width":6,"height":0}},{"id":"c8fb1dfa-2266-42ae-a60a-0599d07a461f","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":587,"width":7,"height":0}},{"id":"b748fcdd-6877-4be2-83be-26069c246808","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":587,"width":6,"height":0}},{"id":"32fdb708-3c64-4df4-921d-172ae9836141","block_type":"box","text":"—","page_number":2,"box":{"x":765,"y":587,"width":7,"height":0}},{"id":"e3bf6248-bbac-48f0-9f8c-1daac7a9bac7","block_type":"box","text":"—","page_number":2,"box":{"x":843,"y":587,"width":6,"height":0}},{"id":"54d3f397-5f3b-4917-be14-eb282e55e149","block_type":"box","text":"0.77%","page_number":2,"box":{"x":910,"y":584,"width":27,"height":5}},{"id":"60f8dacd-ef50-41a4-92ee-f7377afd70b4","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":63,"y":598,"width":48,"height":5}},{"id":"f0a86ec0-f247-4d55-b9b6-ff67ad555dd1","block_type":"box","text":"—","page_number":2,"box":{"x":223,"y":602,"width":7,"height":1}},{"id":"f4a69fa1-90f1-4f66-88dd-d3cb94ce94c1","block_type":"box","text":"—","page_number":2,"box":{"x":300,"y":602,"width":7,"height":1}},{"id":"012c7d6f-f2de-4117-9352-13ee7636eb85","block_type":"box","text":"—","page_number":2,"box":{"x":378,"y":602,"width":7,"height":1}},{"id":"6edd46b6-6474-45c3-8ce2-56743278b7b9","block_type":"box","text":"—","page_number":2,"box":{"x":455,"y":602,"width":7,"height":1}},{"id":"4887ba5e-c786-4546-95f6-0af6cc61f2f7","block_type":"box","text":"—","page_number":2,"box":{"x":533,"y":602,"width":6,"height":1}},{"id":"d485c5dd-05e5-41dc-b74e-c8aed3ffbb8b","block_type":"box","text":"—","page_number":2,"box":{"x":610,"y":602,"width":7,"height":1}},{"id":"ca9f978f-4030-43bf-a5bc-254e803ec090","block_type":"box","text":"—","page_number":2,"box":{"x":688,"y":602,"width":6,"height":1}},{"id":"dfd68589-39f5-40e1-ab19-6c3c0e3dd334","block_type":"box","text":"—","page_number":2,"box":{"x":765,"y":602,"width":7,"height":1}},{"id":"c97cdf08-d627-4e88-9e63-bd5d7174c550","block_type":"box","text":"—","page_number":2,"box":{"x":843,"y":602,"width":6,"height":1}},{"id":"0ec4579a-e420-44ea-a0cb-7aee08474a3d","block_type":"box","text":"0.89%","page_number":2,"box":{"x":910,"y":599,"width":27,"height":5}},{"id":"82a6ee52-77ed-458f-b31f-6e8531cd91c5","block_type":"box","text":"Rolling 12-month performance","page_number":2,"box":{"x":39,"y":402,"width":167,"height":8}},{"id":"0ccfd89c-6a4e-4e67-a9bf-ad5ecf3f816d","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":"2431c527-2d17-4f18-84b7-29c6423b5360","block_type":"box","text":"Key investment risks","page_number":2,"box":{"x":39,"y":645,"width":117,"height":8}},{"id":"95b90c7f-c585-435f-a66f-c9e667ecc0b1","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":"5f86fee3-dd8b-4472-a854-4f2d9ae4ac38","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":"bac0b073-ac3d-479e-8c57-5f1572dcb833","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":"2f975bca-64a0-422c-9562-2724c0784796","block_type":"box","text":"ct the return of your","page_number":2,"box":{"x":802,"y":669,"width":101,"height":8}},{"id":"59194c5f-96c4-416f-94ac-dc0819695bea","block_type":"box","text":"investment.","page_number":2,"box":{"x":39,"y":679,"width":58,"height":6}},{"id":"ab7d58b4-2f1f-47b4-8c37-2d821e5f2159","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":693,"width":608,"height":8}},{"id":"473bbe57-5187-4cfa-970b-12e6c8fc3f45","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":707,"width":627,"height":8}},{"id":"a633d940-be5b-4f2c-9e5e-9fc06da23442","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":721,"width":734,"height":8}},{"id":"2dea794b-1921-4b73-a7fd-651ac8d5b25b","block_type":"box","text":"er instruments, may expose the Fund","page_number":2,"box":{"x":774,"y":721,"width":184,"height":8}},{"id":"f80aae66-1880-44c5-8a4a-9dde08c97816","block_type":"box","text":"to financial loss.","page_number":2,"box":{"x":38,"y":731,"width":80,"height":6}},{"id":"ad1e28a9-08c6-450b-9d0b-624c8b8887e5","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":745,"width":743,"height":8}},{"id":"737209fe-1aff-4898-90d1-c9fb010543f2","block_type":"box","text":"to provide investment results that,","page_number":2,"box":{"x":786,"y":745,"width":172,"height":8}},{"id":"7877c110-56e6-4894-9327-394b247c6e62","block_type":"box","text":"before expenses, generally correspond to the price and yield performance of the Index.","page_number":2,"box":{"x":39,"y":755,"width":429,"height":8}},{"id":"0571afc9-11c1-4b56-a8f8-17557330d96b","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":769,"width":749,"height":8}},{"id":"88b2b4f8-5f51-4ae9-8c9c-1841caf485c3","block_type":"box","text":"here is the risk that the securities","page_number":2,"box":{"x":789,"y":769,"width":165,"height":6}},{"id":"523c5ebb-f17f-4ed5-b7b4-055e52104e4f","block_type":"box","text":"selected for the Fund may not, in the aggregate, approximate the full Index.","page_number":2,"box":{"x":39,"y":779,"width":378,"height":8}},{"id":"8b571eac-590e-469c-8081-40bf749d2960","block_type":"box","text":"Bond risk. The Fund invests in bonds which may provide higher yields but as such may carry greater credit risk increasing the risk of defaults on repa","page_number":2,"box":{"x":39,"y":793,"width":735,"height":8}},{"id":"15026bcf-e629-48f9-9335-e9d42d25a73a","block_type":"box","text":"yment and erosion of the capital","page_number":2,"box":{"x":775,"y":793,"width":162,"height":8}},{"id":"8e867665-53b4-41d8-92ad-108e45698716","block_type":"box","text":"value of your investment. The level of income may fluctuate and movements in interest rates are likely to affect the capital value of bonds.","page_number":2,"box":{"x":38,"y":803,"width":692,"height":8}},{"id":"6287fa6d-0f6c-4257-b020-f7f368ac7ce9","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":819,"width":772,"height":7}},{"id":"efceb955-1883-46d0-9cc8-dc516cf55062","block_type":"box","text":"site.","page_number":2,"box":{"x":811,"y":819,"width":22,"height":6}},{"id":"e2cafd11-c41d-4867-b6ad-398ea37eb6db","block_type":"box","text":"Vanguard EUR Corporate Bond UCITS ETF","page_number":3,"box":{"x":38,"y":34,"width":612,"height":19}},{"id":"dca14eaf-6260-458a-83d5-3d7c9e52dd37","block_type":"box","text":"USD Hedged Acc","page_number":3,"box":{"x":40,"y":60,"width":143,"height":13}},{"id":"d5a39775-cb2b-4ad1-a8be-da81ee62b16c","block_type":"box","text":"- An exchange-traded fund","page_number":3,"box":{"x":190,"y":60,"width":228,"height":13}},{"id":"0c36ed0c-3ea5-4ba5-a2c1-bf18539c4c9b","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":"111d6eec-a212-4904-be2b-ed903e12db76","block_type":"box","text":"Characteristics","page_number":3,"box":{"x":39,"y":101,"width":87,"height":6}},{"id":"64908584-03ee-486d-a4a6-d78e40263a91","block_type":"box","text":"Fund","page_number":3,"box":{"x":610,"y":102,"width":20,"height":5}},{"id":"d00e88bb-1fc6-4c3b-80d9-682d6786c622","block_type":"box","text":"Benchmark","page_number":3,"box":{"x":765,"y":102,"width":47,"height":5}},{"id":"0fa97a39-456c-4684-ae16-aa61ede53f77","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":39,"y":113,"width":73,"height":5}},{"id":"1c1c0073-01f8-4c2e-ad00-82d2eee1fe19","block_type":"box","text":"3,611","page_number":3,"box":{"x":606,"y":113,"width":24,"height":6}},{"id":"0b059741-beeb-4f03-a83f-e92c99182fc4","block_type":"box","text":"4,213","page_number":3,"box":{"x":788,"y":113,"width":23,"height":6}},{"id":"57849394-c7ae-4ab7-815b-dbabd6ed780d","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":124,"width":60,"height":5}},{"id":"58797e5a-8d2d-433b-a7a7-ee016c9d6cee","block_type":"box","text":"4.27%","page_number":3,"box":{"x":603,"y":124,"width":27,"height":5}},{"id":"9671d99f-5915-4798-9f7d-76ec63286477","block_type":"box","text":"4.27%","page_number":3,"box":{"x":784,"y":124,"width":27,"height":5}},{"id":"2d97acc8-b756-433a-bb58-ee679cdb8143","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":136,"width":69,"height":6}},{"id":"f14d676e-9ada-4d21-8e66-ee9fe9344f7f","block_type":"box","text":"3.1%","page_number":3,"box":{"x":609,"y":136,"width":21,"height":5}},{"id":"6df1104a-203f-4bcb-b506-14b0f007f3a0","block_type":"box","text":"3.0%","page_number":3,"box":{"x":790,"y":136,"width":21,"height":5}},{"id":"340412d7-55ed-4f01-880a-b903fedf5c84","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":147,"width":76,"height":7}},{"id":"d830a9af-1199-4bc3-aa1d-366206143129","block_type":"box","text":"5.2 years","page_number":3,"box":{"x":592,"y":147,"width":38,"height":7}},{"id":"34423293-cca9-4b15-b2fe-c75acba8c9ac","block_type":"box","text":"5.2 years","page_number":3,"box":{"x":773,"y":147,"width":39,"height":7}},{"id":"ddec4561-2259-4c81-bedf-af08a83cfe44","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":159,"width":67,"height":6}},{"id":"015300cb-bc31-4064-a361-20460a625b0d","block_type":"box","text":"A-","page_number":3,"box":{"x":621,"y":159,"width":9,"height":5}},{"id":"9caeab87-7152-4b68-b6d0-b981812a1182","block_type":"box","text":"A-","page_number":3,"box":{"x":802,"y":159,"width":10,"height":5}},{"id":"9d2fb008-3c3c-4abd-87df-9cf9f67fd91d","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":170,"width":74,"height":7}},{"id":"83be2a9a-e94a-499f-987c-8da5f57162c3","block_type":"box","text":"4.4 years","page_number":3,"box":{"x":592,"y":170,"width":38,"height":7}},{"id":"d0caf61c-c482-4a66-a6a9-4353a7ee04f0","block_type":"box","text":"4.4 years","page_number":3,"box":{"x":773,"y":170,"width":39,"height":7}},{"id":"1c447830-bbdd-4199-80b2-15b1d2bd123a","block_type":"box","text":"Cash investment*","page_number":3,"box":{"x":39,"y":182,"width":75,"height":5}},{"id":"21655f99-466c-4932-acec-12894e378fc5","block_type":"box","text":"-0.0%","page_number":3,"box":{"x":605,"y":182,"width":25,"height":5}},{"id":"533aef8f-4b89-4cd3-adbb-daee93deaaff","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":185,"width":7,"height":0}},{"id":"62967fa2-b735-49a0-abf3-36138e0fb9e7","block_type":"box","text":"Turnover rate","page_number":3,"box":{"x":38,"y":194,"width":58,"height":5}},{"id":"eda14d3d-1591-45b3-a13e-84388c398cc8","block_type":"box","text":"11%","page_number":3,"box":{"x":611,"y":193,"width":19,"height":6}},{"id":"5404d276-7af2-474b-89c1-b0489fa52fc3","block_type":"box","text":"—","page_number":3,"box":{"x":805,"y":196,"width":7,"height":1}},{"id":"5f9dd3aa-be62-42d0-a2bb-33bc4f0d860e","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":"42fa381c-5302-419a-b153-f02a252a6afa","block_type":"box","text":"net assets of the fund to","page_number":3,"box":{"x":686,"y":207,"width":105,"height":5}},{"id":"7aad9291-05d0-410c-a96b-287b36241d02","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":"af5e698d-3400-4871-a885-011da2d62a49","block_type":"box","text":"hare class currency may differ from the","page_number":3,"box":{"x":653,"y":215,"width":168,"height":7}},{"id":"96b9960d-d09e-46ff-bcd0-443f7b72d09b","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":"dc861a64-41ea-4e4b-90cc-f02a510c4b5b","block_type":"box","text":"Market allocation","page_number":3,"box":{"x":39,"y":244,"width":99,"height":6}},{"id":"96363eea-477c-4800-89ed-c8f4818bb040","block_type":"box","text":"United States","page_number":3,"box":{"x":158,"y":264,"width":59,"height":5}},{"id":"3a0a93b8-937f-4670-9949-87e72cbfa6de","block_type":"box","text":"22.7","page_number":3,"box":{"x":432,"y":264,"width":18,"height":5}},{"id":"fbb9570e-6cc0-4c28-a3ce-e2a3a6d7fe96","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":264,"width":8,"height":5}},{"id":"2174ea9d-e15d-490c-a32e-b3b8483cb82b","block_type":"box","text":"France","page_number":3,"box":{"x":158,"y":275,"width":29,"height":5}},{"id":"b1820b1c-ffa6-40a2-920a-f47a1aa1f84f","block_type":"box","text":"18.4","page_number":3,"box":{"x":432,"y":275,"width":18,"height":5}},{"id":"dc649b9b-9192-4ed7-8381-a398d5f2437b","block_type":"box","text":"Germany","page_number":3,"box":{"x":158,"y":286,"width":39,"height":7}},{"id":"5a90c91e-fba4-4339-b4e9-88b78a1a27c1","block_type":"box","text":"12.4","page_number":3,"box":{"x":432,"y":286,"width":18,"height":5}},{"id":"3e900dbf-be12-4ca9-a089-d4b1bc4b605f","block_type":"box","text":"United Kingdom","page_number":3,"box":{"x":158,"y":297,"width":68,"height":7}},{"id":"036d6734-daeb-443b-93b5-0d7272b5aa39","block_type":"box","text":"8.8","page_number":3,"box":{"x":438,"y":297,"width":12,"height":5}},{"id":"bd9ca9f4-4907-41f9-83e7-375832ec9547","block_type":"box","text":"Italy","page_number":3,"box":{"x":158,"y":308,"width":18,"height":7}},{"id":"714d775c-c706-4773-96a8-c9663706b8fe","block_type":"box","text":"5.5","page_number":3,"box":{"x":438,"y":308,"width":12,"height":5}},{"id":"a029ea8f-b231-4735-8743-111d53bca581","block_type":"box","text":"Spain","page_number":3,"box":{"x":506,"y":264,"width":23,"height":7}},{"id":"199cabe3-3042-4384-a353-6bc6046088d9","block_type":"box","text":"5.4","page_number":3,"box":{"x":786,"y":264,"width":12,"height":5}},{"id":"0d520b00-9f94-4f33-a72b-4d8ccd3aefc6","block_type":"box","text":"%","page_number":3,"box":{"x":799,"y":264,"width":8,"height":5}},{"id":"6230f717-11cb-4918-8b53-87d8de31134f","block_type":"box","text":"Netherlands","page_number":3,"box":{"x":506,"y":275,"width":52,"height":5}},{"id":"2f9ca364-60d7-45e1-aa8d-bc3c62218f3e","block_type":"box","text":"5.0","page_number":3,"box":{"x":786,"y":275,"width":12,"height":5}},{"id":"a8c3fae9-9162-4828-afb0-12db68663dba","block_type":"box","text":"Sweden","page_number":3,"box":{"x":506,"y":286,"width":33,"height":5}},{"id":"ad8c41fd-da17-4801-83ef-10e000d75e9c","block_type":"box","text":"2.6","page_number":3,"box":{"x":786,"y":286,"width":12,"height":5}},{"id":"78bbf4ed-2f0a-4aed-95d0-9956c94eada7","block_type":"box","text":"Belgium","page_number":3,"box":{"x":506,"y":297,"width":33,"height":7}},{"id":"ff1a0b48-5b62-40e8-b181-c70de8080a15","block_type":"box","text":"2.2","page_number":3,"box":{"x":786,"y":297,"width":12,"height":5}},{"id":"7cc52865-e26a-41a6-b0bd-e4e6b7ae69ad","block_type":"box","text":"Japan","page_number":3,"box":{"x":505,"y":308,"width":26,"height":7}},{"id":"4f355494-6460-482b-8d9d-b9f88c9eb0d6","block_type":"box","text":"2.1","page_number":3,"box":{"x":786,"y":308,"width":12,"height":5}},{"id":"cc3ece90-1c8f-43fa-95ba-d4141dc392da","block_type":"box","text":"Distribution by credit maturity (% of fund)","page_number":3,"box":{"x":39,"y":340,"width":240,"height":8}},{"id":"19ae7654-d48a-4e67-808d-9e57f7df64e2","block_type":"box","text":"Under 1 Year","page_number":3,"box":{"x":160,"y":362,"width":55,"height":5}},{"id":"539cc71c-2af2-4547-b562-dfc221c7077b","block_type":"box","text":"0.0","page_number":3,"box":{"x":437,"y":362,"width":13,"height":5}},{"id":"f7abe116-cd59-437a-aa6a-67b7afb4aacf","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":362,"width":7,"height":5}},{"id":"dba54e9b-de16-46d2-9df5-8255cab9abd4","block_type":"box","text":"1 - 5 Years","page_number":3,"box":{"x":160,"y":373,"width":45,"height":5}},{"id":"f1e3a80e-037a-4223-ab4e-48acc3a1fb41","block_type":"box","text":"50.3","page_number":3,"box":{"x":431,"y":373,"width":18,"height":5}},{"id":"1c05507f-c978-43b2-bddf-c63539e4224b","block_type":"box","text":"5 - 10 Years","page_number":3,"box":{"x":160,"y":384,"width":50,"height":5}},{"id":"aedddc19-6440-43fd-82fb-fbc80c2e83e0","block_type":"box","text":"36.9","page_number":3,"box":{"x":431,"y":384,"width":19,"height":5}},{"id":"3f84b6a9-e915-4fca-adba-91cc8b317ac9","block_type":"box","text":"10 - 15 Years","page_number":3,"box":{"x":160,"y":395,"width":56,"height":5}},{"id":"9bb39338-2387-4c79-b415-35bbd2666fd8","block_type":"box","text":"6.3","page_number":3,"box":{"x":437,"y":395,"width":12,"height":5}},{"id":"949e4c68-38e4-4262-8644-962d0ca1bdfe","block_type":"box","text":"15 - 20 Years","page_number":3,"box":{"x":160,"y":406,"width":56,"height":5}},{"id":"4cb348de-bb5d-4f08-8b54-b86d51e0248b","block_type":"box","text":"2.0","page_number":3,"box":{"x":437,"y":406,"width":13,"height":5}},{"id":"d8650f31-f240-41ba-9f7a-827f2b977d0a","block_type":"box","text":"20 - 25 Years","page_number":3,"box":{"x":508,"y":362,"width":56,"height":5}},{"id":"797d85c7-4648-4c90-a3b9-b715b57462ac","block_type":"box","text":"1.0","page_number":3,"box":{"x":783,"y":362,"width":12,"height":5}},{"id":"54f79a88-a2dc-43f8-9fef-ee2b7044aa0e","block_type":"box","text":"%","page_number":3,"box":{"x":796,"y":362,"width":8,"height":5}},{"id":"91d775ee-b6e6-4c96-9ac9-087d7503a7dd","block_type":"box","text":"Over 25 Years","page_number":3,"box":{"x":508,"y":373,"width":59,"height":5}},{"id":"53e35af0-9d70-470b-9560-70c6fea7b1de","block_type":"box","text":"3.5","page_number":3,"box":{"x":783,"y":373,"width":12,"height":5}},{"id":"e1097bda-fb29-4661-af65-de87cfaec3a9","block_type":"box","text":"Distribution by credit quality (% of fund)","page_number":3,"box":{"x":39,"y":439,"width":229,"height":8}},{"id":"bf9571b2-2d4a-43c0-be49-4a91183f1bba","block_type":"box","text":"AAA","page_number":3,"box":{"x":159,"y":463,"width":19,"height":5}},{"id":"adfdcf2e-9b2b-4cc4-b8cc-1c29dde95e83","block_type":"box","text":"0.3","page_number":3,"box":{"x":437,"y":463,"width":12,"height":5}},{"id":"cdb09af3-f769-44ff-8b6f-c6b08cea3b8a","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":463,"width":7,"height":5}},{"id":"7a0f0994-b1cc-48ad-970c-26283134d54e","block_type":"box","text":"AA","page_number":3,"box":{"x":159,"y":474,"width":13,"height":5}},{"id":"69e1ab74-d50b-4397-8054-81a2a02a46ba","block_type":"box","text":"7.6","page_number":3,"box":{"x":437,"y":474,"width":13,"height":5}},{"id":"42893c74-d0e6-4e25-967d-294bb8296dfa","block_type":"box","text":"A","page_number":3,"box":{"x":159,"y":485,"width":6,"height":5}},{"id":"ac42d119-7e28-4311-a230-b4adca470700","block_type":"box","text":"43.4","page_number":3,"box":{"x":431,"y":485,"width":19,"height":5}},{"id":"d9127666-d0b4-457d-af2d-cc19e0bc1a53","block_type":"box","text":"BBB","page_number":3,"box":{"x":160,"y":496,"width":17,"height":5}},{"id":"3b06c31f-a971-422c-a1a3-af72aaaf21d7","block_type":"box","text":"48.7","page_number":3,"box":{"x":431,"y":496,"width":18,"height":5}},{"id":"4ac9c28c-eb6a-4ac8-9802-f9a2b7bcb6dc","block_type":"box","text":"Not Rated","page_number":3,"box":{"x":160,"y":507,"width":43,"height":5}},{"id":"efb3b231-e7ad-4519-a77f-fa5ae4c11120","block_type":"box","text":"0.0","page_number":3,"box":{"x":437,"y":507,"width":13,"height":5}},{"id":"186cdd0c-46a8-4535-9d47-7bf31041b162","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":"544f3420-63b4-498d-b75e-3c3b62892030","block_type":"box","text":"& Poor’s.","page_number":3,"box":{"x":782,"y":529,"width":43,"height":6}},{"id":"ac7be634-7e55-4b6f-a634-cad567d8b77c","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":"0fe246cc-0ae7-4296-b97e-7a853e22c58f","block_type":"box","text":"s used.","page_number":3,"box":{"x":782,"y":539,"width":33,"height":6}},{"id":"71d4c796-e893-4e13-bc40-39e41619085a","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":"9ee24789-29b8-4bc9-9fd6-ba85c194981e","block_type":"box","text":"Distribution by issuer (% of fund)","page_number":3,"box":{"x":39,"y":582,"width":186,"height":8}},{"id":"2dd570fd-2aab-44e8-a554-1852374d919a","block_type":"box","text":"Corporate - industrials","page_number":3,"box":{"x":160,"y":605,"width":96,"height":7}},{"id":"9e4dbb19-b7f8-4770-b0b2-3d4736745590","block_type":"box","text":"49.1","page_number":3,"box":{"x":431,"y":605,"width":19,"height":5}},{"id":"7bc0632e-6b8b-4ca2-82d0-0b7bce3e6f74","block_type":"box","text":"%","page_number":3,"box":{"x":451,"y":605,"width":7,"height":5}},{"id":"d43e99c7-35e9-4e7a-ac7a-bd3d0144805e","block_type":"box","text":"Corporate - financial institutions","page_number":3,"box":{"x":160,"y":617,"width":139,"height":7}},{"id":"cb6dcc80-d43a-488b-b4a9-b35df9d3aace","block_type":"box","text":"42.4","page_number":3,"box":{"x":431,"y":617,"width":19,"height":5}},{"id":"d171ad25-b765-489d-89ae-c3e8b1f72d9d","block_type":"box","text":"Corporate - utilities","page_number":3,"box":{"x":160,"y":629,"width":83,"height":7}},{"id":"7476352a-985e-412e-a1aa-9abf0533ec36","block_type":"box","text":"8.4","page_number":3,"box":{"x":437,"y":629,"width":13,"height":5}},{"id":"66590f14-b544-473c-b13b-332152c67a5c","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":"b22ad99a-f821-4db7-9726-d5b87daf4d3a","block_type":"box","text":"in","page_number":3,"box":{"x":790,"y":674,"width":8,"height":6}},{"id":"3eb19f2f-0069-4d10-b601-4a089aedf7f9","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":"3d43c78f-01c1-4f43-9b4f-1221bf6d57ca","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":"d30676fe-7003-4e25-8e12-4c12b54539db","block_type":"box","text":"reasury","page_number":3,"box":{"x":777,"y":697,"width":37,"height":5}},{"id":"9ce1b079-5239-4a8f-bc6c-d5a134908492","block_type":"box","text":"bonds) and derivative instruments.","page_number":3,"box":{"x":39,"y":705,"width":173,"height":8}},{"id":"5118cd0e-ded6-483a-bca8-457cee36d189","block_type":"box","text":"Source: Vanguard","page_number":3,"box":{"x":39,"y":737,"width":90,"height":8}},{"id":"89550602-e5ea-48a4-9183-8a38fd27a628","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":"5d76adc3-f434-4de0-8ac1-8c8ebd2d2a76","block_type":"box","text":"Glossary for ETF attributes","page_number":3,"box":{"x":39,"y":765,"width":154,"height":8}},{"id":"51536ae8-20a9-4544-9133-6cce50f7a36e","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":"be8176e0-1458-45d7-9269-79e08594b2ab","block_type":"box","text":"ket or index average. These","page_number":3,"box":{"x":779,"y":780,"width":135,"height":7}},{"id":"a6b04d6c-62b6-4ee9-aa86-7cd87b020139","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":"4d78e222-72bc-451a-8afe-7e77a6426ed7","block_type":"box","text":"hose of the fund’s benchmark","page_number":3,"box":{"x":793,"y":789,"width":148,"height":6}},{"id":"aae43030-28f4-4377-9c75-be9aae5c07fd","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":"31369713-aab9-4975-8746-aa86d9865fb0","block_type":"box","text":"Average coupon","page_number":3,"box":{"x":38,"y":813,"width":82,"height":7}},{"id":"e55f144f-e6ed-4b88-befb-e4303fcfeefa","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":"e74f01c1-b4ee-493e-8f2d-558c85452f7a","block_type":"box","text":"Average maturity","page_number":3,"box":{"x":38,"y":826,"width":91,"height":8}},{"id":"5816968e-5542-476e-b7e2-e7fa65f2154e","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":"084d9e17-1e79-4227-9b21-15376c315c73","block_type":"box","text":"hat the issuer may","page_number":3,"box":{"x":852,"y":826,"width":92,"height":8}},{"id":"db46aeff-7829-4cae-b4fb-207f17864f9f","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":"2efc6b72-e76b-4abd-87da-1d60cc5c1f0a","block_type":"box","text":"ontracts held. In general, the longer","page_number":3,"box":{"x":764,"y":835,"width":177,"height":8}},{"id":"e8d4fab6-12e3-49dc-befd-db37a1bfecf9","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":"79752c60-4e82-4c1f-a958-28f64ce794e4","block_type":"box","text":"Average quality","page_number":3,"box":{"x":38,"y":859,"width":81,"height":7}},{"id":"eee0e5e5-28fa-4bc7-8817-65784add67cf","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":"49a73d13-856d-4a1d-b9da-5abb33cd86ae","block_type":"box","text":"e agencies make their","page_number":3,"box":{"x":818,"y":859,"width":108,"height":7}},{"id":"1c2a8d84-2602-4812-a778-49ccfdc32898","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":"887f2689-7e97-4a35-855a-6e7a000e17f9","block_type":"box","text":"hy bond issuers.","page_number":3,"box":{"x":762,"y":868,"width":77,"height":8}},{"id":"bad4dd49-211c-4c1f-9643-808e778efb75","block_type":"box","text":"Average duration","page_number":3,"box":{"x":38,"y":882,"width":88,"height":7}},{"id":"d700ef2e-123f-49aa-a789-cc33a7bc40dc","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":"3d8e2434-daa1-42b7-9877-8f144d80a90a","block_type":"box","text":"change,","page_number":3,"box":{"x":869,"y":882,"width":37,"height":7}},{"id":"47a318dd-b0f3-465d-a50d-d7e8ec798599","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":"9c851b1d-d46f-413e-8f84-4669a795585f","block_type":"box","text":"uration of five years would decline","page_number":3,"box":{"x":772,"y":891,"width":169,"height":8}},{"id":"56a4daac-4e57-4f9c-9538-969fa573b3b0","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":"aaca9ae1-413c-4f69-843e-f0c614aeaa1d","block_type":"box","text":"Yield to worst","page_number":3,"box":{"x":38,"y":914,"width":72,"height":6}},{"id":"bfedf823-d9ce-40dc-83c1-b47672591303","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":"474bcce1-957c-44c4-9914-d50ff692d1b8","block_type":"box","text":"Vanguard EUR Corporate Bond UCITS ETF","page_number":4,"box":{"x":38,"y":34,"width":612,"height":19}},{"id":"23f548b5-001e-466d-8655-3a50feca4a4d","block_type":"box","text":"USD Hedged Acc - An exchange-traded fund","page_number":4,"box":{"x":40,"y":60,"width":378,"height":13}},{"id":"6ec4af84-85e0-4ce8-8a7c-aa5f75c3bdff","block_type":"box","text":"E082EN_092026","page_number":4,"box":{"x":894,"y":972,"width":72,"height":6}},{"id":"4de411de-235e-4531-bec2-2ebabc27d734","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":"1084a6a3-ee0f-45a1-8aa4-861c270f03e0","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":"56332b24-67b2-40b0-9962-80a4c5ea0390","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":"cda369f2-931f-4af5-8edd-90cacf28a561","block_type":"box","text":"Web: http://global.vanguard.com","page_number":4,"box":{"x":38,"y":321,"width":169,"height":8}},{"id":"e60eed1b-3574-4879-a719-1dc88b2a814e","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":"134db027-a4c1-47bd-8e9d-833c1bde7706","block_type":"box","text":"Email:","page_number":4,"box":{"x":39,"y":342,"width":30,"height":6}},{"id":"d8951927-358a-440f-9b89-37dc7ab4fa0d","block_type":"box","text":"european_client_services@vanguard.co.uk","page_number":4,"box":{"x":73,"y":342,"width":209,"height":8}},{"id":"2cd5e50a-e445-4f97-8cd3-49ca5e40dfa4","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":"386f29f3-2d53-479a-9933-69e81179b70a","block_type":"box","text":"Important information","page_number":4,"box":{"x":39,"y":372,"width":114,"height":7}},{"id":"816d6b1e-01ee-4b75-807c-4cf15950e95a","block_type":"box","text":"This is a marketing communication.","page_number":4,"box":{"x":38,"y":389,"width":179,"height":8}},{"id":"5968e0f8-2925-4a3c-8a4f-a6a7ed21b983","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":"a59a5ffd-d915-4470-91b0-109524f42b0d","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":"9a6a5a48-5967-41e6-8605-2b8992a5677f","block_type":"box","text":"al investment decisions. The KIID","page_number":4,"box":{"x":785,"y":430,"width":162,"height":6}},{"id":"184e3a84-813c-4f10-9229-793c68cb8395","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":"c516a155-2d23-48d3-b0fc-d508f49b3c7a","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":"438611ed-052e-4b54-b954-1fafd97190e1","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":"6abba2a9-e718-49e9-a942-331fa393eb1a","block_type":"box","text":"risdiction where such an offer or","page_number":4,"box":{"x":748,"y":467,"width":161,"height":6}},{"id":"7a2f5cbd-d06e-41f7-91fd-79b9447755e4","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":"0e0c315a-8415-4128-a460-d750af17c3e9","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":"c09db889-98d6-428d-a8af-0bfb615fa470","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":"0b7620c5-5529-4428-b83f-f0e9119b4cb4","block_type":"box","text":"heir professional advisers on the","page_number":4,"box":{"x":773,"y":486,"width":160,"height":7}},{"id":"b65aef7d-24f7-4cbf-94fd-d88d465904b6","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":"1ea37586-b0b4-4016-a7ff-6d02d50c31eb","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":"31ba180c-0314-4180-854b-efd68e5dcf0e","block_type":"box","text":"countries and the UK. Prospective","page_number":4,"box":{"x":761,"y":509,"width":168,"height":8}},{"id":"690158ae-16c7-4bfc-8c65-a81386752d0c","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":"0d6639ce-d16a-4705-879a-e5b17e1be6dc","block_type":"box","text":"rs on the implications of making an","page_number":4,"box":{"x":781,"y":518,"width":173,"height":8}},{"id":"5150034f-b501-43d4-aaf4-447a71827009","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":"28c2293c-322a-4f61-ab02-deef9b093d85","block_type":"box","text":"s in which they are liable to","page_number":4,"box":{"x":780,"y":528,"width":134,"height":7}},{"id":"39f3734d-52b9-40f0-9db2-6aa06d58f599","block_type":"box","text":"taxation.","page_number":4,"box":{"x":38,"y":537,"width":45,"height":6}},{"id":"a529326d-dd90-49e7-908a-966a75056671","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":"1d44fc70-9431-47d5-aa24-f82bf311e93f","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":"63bfafc9-d45c-4a5f-8400-6183f0382a64","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":"fd4a6f27-f695-4447-a39c-326ddf534f11","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":"c10ee989-67c8-43bb-af0d-4a2070543a0b","block_type":"box","text":"ccordance with the UCITS","page_number":4,"box":{"x":813,"y":588,"width":129,"height":6}},{"id":"ca3bfc4d-438d-4da9-b465-524d42241a09","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":"f18a260f-9151-48bd-84fd-69a26a0aa246","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":"9fc32ba1-1229-434e-8de3-1ca4d75d1e66","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":"37040b9b-b3da-42bb-9b6d-562f9d5c71fc","block_type":"box","text":"rman, French, Spanish,","page_number":4,"box":{"x":831,"y":620,"width":112,"height":8}},{"id":"22fc7f27-50f3-4a00-b92c-f5d3c8459a88","block_type":"box","text":"Dutch and Italian.","page_number":4,"box":{"x":39,"y":630,"width":88,"height":6}},{"id":"38240571-56e0-447f-8efc-fb3070407cc6","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":"368439bf-dd70-4de8-8537-d79d120835fc","block_type":"box","text":"Limited (“BISL”) (collectively,","page_number":4,"box":{"x":800,"y":657,"width":143,"height":7}},{"id":"96940f35-8756-41eb-8b9b-9f668b3af4b3","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":"b3f08b1d-0538-40f3-b5b2-ac68ab6b00ba","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":"e37fd13e-aab4-4806-937e-7423ad0614ee","block_type":"box","text":"lied, to the owners or purchasers","page_number":4,"box":{"x":787,"y":680,"width":161,"height":8}},{"id":"1e9e4754-9574-4a37-ad5d-840b189e05fc","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":"305a73af-bb82-45bc-8daa-d36a2bcaccc9","block_type":"box","text":"lity of the Bloomberg Indices to track","page_number":4,"box":{"x":762,"y":689,"width":184,"height":8}},{"id":"3f4c1bc9-bbcb-43d7-9e12-22afdbe33898","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":"883ad9c0-0f7b-4ae1-8df7-29c8eb68fded","block_type":"box","text":"rg’s only relationship to","page_number":4,"box":{"x":793,"y":699,"width":115,"height":7}},{"id":"28cbb443-f619-44b4-ba51-e6f375bfffe2","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":"17006068-1fbc-445c-b3fa-20cf31ba8aa6","block_type":"box","text":"or the products or any","page_number":4,"box":{"x":819,"y":708,"width":110,"height":8}},{"id":"d7fe9f96-051e-4310-84f4-859b4c0a5581","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":"57bf29db-fbba-4e5b-a215-00e8040e6c3a","block_type":"box","text":"n determining, composing or","page_number":4,"box":{"x":795,"y":718,"width":141,"height":7}},{"id":"539ba3ba-882b-4fe7-89c2-014178f866d4","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":"46fbc56e-7f5b-46be-8b33-c8f23431314b","block_type":"box","text":"r quantities of the products to be","page_number":4,"box":{"x":778,"y":727,"width":164,"height":8}},{"id":"74c8854c-4b78-4c2f-8a52-637fe80cabf6","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":"fb672cd0-17b6-48ac-933d-b67083b05009","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":"f1491245-10bb-490e-be00-7d53766973ef","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":"bc694c8b-182e-4ccd-bb1d-10bf3dcd679a","block_type":"box","text":"SEDOL Masterfile®.","page_number":4,"box":{"x":368,"y":765,"width":98,"height":6}},{"id":"d58a57b0-73d0-4ef2-bb4d-d17201130c49","block_type":"box","text":"Investment risk information","page_number":4,"box":{"x":39,"y":90,"width":156,"height":6}},{"id":"cc67a5a4-6970-4cf3-ae5a-f90aff20fae2","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":"89b5740f-aaeb-4b4d-ba52-7ab93ddedd38","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":"be53424c-56d7-4913-975b-0515916d14d0","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":"358bfc76-8192-443a-83f8-4d3276cbb5e3","block_type":"box","text":"of income may fluctuate.","page_number":4,"box":{"x":767,"y":131,"width":124,"height":8}},{"id":"d764fa8c-f241-458a-9837-2fc15a1cc1bb","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":"81b3ca6e-d1d8-44cc-9f49-e08d1ce794fc","block_type":"box","text":"may carry greater credit risk","page_number":4,"box":{"x":774,"y":141,"width":141,"height":7}},{"id":"7c001a50-aed9-4f46-b164-74cbf64b3e09","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":"cf21c604-403d-4519-884f-9adda094ec04","block_type":"box","text":"terest rates are likely to","page_number":4,"box":{"x":792,"y":150,"width":118,"height":8}},{"id":"9a443ef5-dcbc-433d-8cc4-96302dd44be1","block_type":"box","text":"affect the capital value of bonds.","page_number":4,"box":{"x":39,"y":160,"width":164,"height":7}},{"id":"29e30823-481c-4122-9a05-576d5bc4c8f4","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":"74cdb318-be0e-427a-a778-5b39df27c2f0","block_type":"box","text":"dered fully before","page_number":4,"box":{"x":792,"y":173,"width":87,"height":8}},{"id":"86e9e749-b028-4b00-8304-c44bddba1516","block_type":"box","text":"investing.","page_number":4,"box":{"x":39,"y":183,"width":46,"height":7}},{"id":"0a5e1a1a-12d9-42fa-a614-ff90547286e9","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":"169c7bf9-27b1-438c-957e-02ed0c63276b","block_type":"box","text":"exposure to underlying","page_number":4,"box":{"x":785,"y":196,"width":112,"height":8}},{"id":"a2af5f6b-165d-47b4-991a-e462c237a3d5","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":"a9e8abb0-62b6-47c4-9194-d4737a55d679","block_type":"box","text":"a financial asset (such as a share,","page_number":4,"box":{"x":748,"y":206,"width":167,"height":7}},{"id":"211794e3-dd34-4c3a-ab72-16bcf23e73e8","block_type":"box","text":"bond, or currency) or a market index.","page_number":4,"box":{"x":39,"y":215,"width":182,"height":8}},{"id":"12feb5d3-a0a3-4b8e-93a6-9ea6f7140072","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":"4fcb3b08-872b-4942-984d-827379fdc0a6","block_type":"box","text":"ts.","page_number":4,"box":{"x":802,"y":230,"width":11,"height":5}},{"id":"bd06fa0f-08bd-43e8-aaa9-7cc73e67f375","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":"a57fcd22-d7d0-44be-b65a-ce443e029ce0"},"user_id":1000002,"date_created":"2026-10-15T22:27:32.720000Z","date_modified":"2026-10-15T22:27:32.720000Z","private":false}