The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Euro-Aggregate: Treasury - 1-3 Year Index (the “Index").
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.
The Index measures the performance of fixed-rate Euro-denominated sovereign bonds issued by the governments of European Union member states participating in the European Monetary Union which have a par amount outstanding greater than or equal to €300 million.
Bonds in the Index have maturities of between one and three years and are generally rated investment grade.
To a lesser extent the Fund may invest in similar types of bonds outside the Index, but whose risk and return characteristics closely resemble the risk and return characteristics of constituents of the Index or of the Index as a whole.
The Fund attempts to remain fully invested and hold small amounts of cash except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
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 to various factors such as 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 Prospectus.
Fund facts
Share class inception
11 Mar 2025
Listing date
13 Mar 2025
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Tax status
Austria, Italy, Switzerland and United Kingdom reporting
Investment method
Physical
Index ticker
I02119EU
Dividend schedule
—
Benchmark
Bloomberg Euro-Aggregate Treasury 1-3 Year Index in EUR
Legal entity
Vanguard Funds PLC
Investment manager
Vanguard Asset Management, Ltd.
Global Fixed Income Team
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
-
Sorry, this information is not available yet. It will display a year after inception date.
Please note Beta and R-squared data will only display for funds with 3 full years of history.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Portfolio data
Characteristics
Fundamentals
Fund
Benchmark
As at
Number of bonds
90
105
31 Jan 2026
2.1%
2.1%
31 Jan 2026
2.1%
2.1%
31 Jan 2026
2.0 Years
2.0 Years
31 Jan 2026
A+
A+
31 Jan 2026
1.9 Years
1.9 Years
31 Jan 2026
Cash Investment
-0.1%
—
31 Jan 2026
Market allocation
As at 31 Jan 2026
Country
Region
Fund
Benchmark
Variance +/-
Germany
Europe
23.03%
22.97%
0.06%
France
Europe
23.00%
23.31%
-0.31%
Italy
Europe
22.82%
22.17%
0.65%
Spain
Europe
15.05%
14.51%
0.54%
Netherlands
Europe
3.90%
3.66%
0.24%
Belgium
Europe
3.90%
3.77%
0.13%
Austria
Europe
2.77%
2.85%
-0.08%
Portugal
Europe
1.68%
1.78%
-0.10%
Finland
Europe
1.47%
1.33%
0.14%
Ireland
Europe
0.79%
0.89%
-0.10%
Greece
Europe
0.70%
0.78%
-0.08%
Slovakia
Other
0.59%
0.55%
0.04%
Latvia
Emerging Markets
0.11%
0.24%
-0.13%
Croatia
Emerging Markets
0.09%
0.46%
-0.37%
Lithuania
Other
0.07%
0.13%
-0.06%
Distribution by credit quality (% of funds)
As at 31 Jan 2026
Credit Rating
Fund
Benchmark
Variance +/-
AAA
26.96%
26.79%
0.18%
AA
8.92%
8.84%
0.09%
A
40.64%
41.42%
-0.78%
BBB
21.01%
21.89%
-0.89%
Not Rated
2.46%
1.06%
1.41%
Total
100.00%
100.00%
Distribution by credit issuer (% of funds)
As at 31 Jan 2026
Issuers
Fund
Benchmark
Variance +/-
Treasury/Federal
100.05%
100.00%
0.05%
Cash
-0.05%
—
—
Total
100.00%
100.00%
Distribution by credit maturity (% of funds)
As at 31 Jan 2026
Maturity
Fund
Benchmark
Variance +/-
Under 1 Year
-0.05%
—
—
1 - 5 Years
100.05%
100.00%
0.05%
Total
100.00%
100.00%
Holdings details
As at 31 Jan 2026
Holding name
% of market value
Market value
Face amount
Coupon/Yield
Maturity date
French Republic Government Bond OAT
3.87382%
€4,500,451.11
4,700,000
0.75%
25 Nov 2028
Italy Buoni Poliennali Del Tesoro
3.65431%
€4,245,435.31
4,225,000
2.55%
25 Feb 2027
French Republic Government Bond OAT
3.47117%
€4,032,665.30
3,993,000
2.75%
25 Oct 2027
French Republic Government Bond OAT
2.99804%
€3,483,012.20
3,475,000
2.40%
24 Sep 2028
French Republic Government Bond OAT
2.96835%
€3,448,512.04
3,429,000
2.50%
24 Sep 2027
Bundesobligation
2.87280%
€3,337,505.23
3,329,000
2.20%
13 Apr 2028
French Republic Government Bond OAT
2.76567%
€3,213,051.77
3,309,000
0.75%
25 Feb 2028
Bundesobligation
2.74793%
€3,192,436.20
3,269,000
0.00%
16 Apr 2027
French Republic Government Bond OAT
2.64381%
€3,071,479.85
3,177,000
0.75%
25 May 2028
Italy Buoni Poliennali Del Tesoro
2.46084%
€2,858,912.89
2,790,000
3.40%
01 Apr 2028
Prices and distribution
Prices
NAV Price (EUR)
€5.13
Change
+€0.000.05%
At closure 23 Feb 2026
Market value (EUR)
€5.13
Change
+€0.000.04%
At closure 23 Feb 2026
NAV 52-week high
€5.13
At closure 23 Feb 2026
Market value 52-week high
€5.13
At closure 23 Feb 2026
NAV 52-week low
€5.00
At closure 23 Feb 2026
Market value 52-week low
€5.00
At closure 23 Feb 2026
NAV 52-week difference
€0.13
Change
+2.48%
At closure 23 Feb 2026
Market value 52-week difference
€0.12
Change
+2.42%
At closure 23 Feb 2026
Outstanding shares
19,181,268
At closure 31 Jan 2026
Historical Prices
-
Inception date
11 Mar 2025
Listing date
13 Mar 2025
Date
NAV (EUR)
Market price (EUR)
23 Feb 2026
€5.1267
€5.1270
20 Feb 2026
€5.1241
€5.1252
19 Feb 2026
€5.1244
€5.1258
18 Feb 2026
€5.1244
€5.1254
17 Feb 2026
€5.1251
€5.1260
16 Feb 2026
€5.1243
€5.1246
13 Feb 2026
€5.1241
€5.1252
12 Feb 2026
€5.1218
€5.1232
11 Feb 2026
€5.1206
€5.1220
10 Feb 2026
€5.1205
€5.1224
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currencies and stock exchanges
Listed currencies: EUR, CHF
Base currency: EUR
Exchanges: Deutsche Boerse, Borsa Italiana S.p.A., SIX Swiss Exchange, NYSE Euronext - Amsterdam, Bolsa Mexicana De Valores
Fund codes
Citi: BLL48
ISIN: IE00004S2680
MEX ID: VRAACS
Ticker iNav Bloomberg: iVSGFMXN
Bloomberg: VSGFN MM
Exchange ticker: VSGF
ISIN: IE00004S2680
Reuters: VSGF.MX
SEDOL: BTPFFQ3
Ticker iNav Bloomberg: IVSGFEUR
Bloomberg: VSGF NA
Exchange ticker: VSGF
ISIN: IE00004S2680
Reuters: VSG.AS
SEDOL: BTCH8L8
Ticker iNav Bloomberg: IVSGFCHF
Bloomberg: VSGF SW
ISIN: IE00004S2680
Reuters: VSGF.S
SEDOL: BTCH8M9
Exchange ticker: VSGF
Ticker iNav Bloomberg: IVSGFEUR
Exchange ticker: VSGF
Bloomberg: VSGF IM
ISIN: IE00004S2680
Reuters: VSGF.MI
SEDOL: BTCH8H4
Ticker iNav Bloomberg: IVSGFEUR
Bloomberg: VEGF GY
Exchange ticker: VEGF
ISIN: IE00004S2680
Reuters: VEGF.DE
SEDOL: BTCH8J6
The sum of investment management fees (the fees paid to the portfolio manager to invest your money and manage the fund) and administrative and other expenses (which cover all costs and expenses connected with the operation of the fund, which includes administrative fees, shareholder's registration and transfer agency fees, custody fees and all other operating expenses).
YTM (Yield to Maturity) effective is the rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.
Medium coupon is the average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.
Average maturity is the average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date.
Average quality 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. Quality is a graded scale with Aaa or AAA indicating the most creditworthy bond issuers.
Average duration 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.