Global Government Bond UCITS ETF - CHF Hedged Accumulating

About this fund

Fund objectives

The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Global Treasury Developed Countries Float Adjusted Index (the “Index”).
The Fund will invest in a portfolio of local currency government bonds (including callable bonds) from developed countries (as determined by the index provider) that insofar as possible and practicable consists of a representative sample of the component securities of the Index.
The index is designed to reflect the universe of float adjusted fixed-rate, investment-grade, local currency government debt of developed (as determined by the index provider) countries. The bonds must have a maturity of at least one year.
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 invests in securities which are denominated in currencies other than the base currency. Movements in currency exchange rates can affect the return of investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates, where the Fund invests in securities denominated in currencies other than the listing currency, but these risks cannot be eliminated entirely. As this document relates to a share class where such techniques are used, the performance (see "Performance") of this share class is shown against the currency hedged version of the Index.
The Fund attempts to remain fully invested 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

25 Mar 2025

Listing date

27 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

H38855CH

Dividend schedule

—

Benchmark

Bloomberg Global Treasury Developed Countries Float Adjusted Index Hedged in CHF

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

As at 28 Feb 2026

Beta

—

R²

—

1 year

—

3 years

—

5 years

—

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	966	1,400	28 Feb 2026
	3.3%	3.3%	28 Feb 2026
	2.9%	2.8%	28 Feb 2026
	8.8 Years	8.8 Years	28 Feb 2026
	AA	AA	28 Feb 2026
	6.8 Years	6.8 Years	28 Feb 2026
Cash Investment	-0.4%	—	28 Feb 2026

Market allocation

As at 28 Feb 2026

Country	Region	Fund	Benchmark	Variance +/-
United States of America	North America	47.43%	46.88%	0.55%
Japan	Pacific	9.96%	10.02%	-0.06%
France	Europe	7.59%	7.48%	0.11%
Italy	Europe	6.99%	6.89%	0.10%
United Kingdom	Europe	6.04%	6.04%	0.00%
Germany	Europe	5.87%	5.92%	-0.05%
Spain	Europe	4.50%	4.51%	-0.01%
Canada	North America	2.02%	2.10%	-0.08%
Australia	Pacific	1.71%	1.74%	-0.03%
Belgium	Europe	1.58%	1.61%	-0.03%
Netherlands	Europe	1.25%	1.25%	0.00%
Austria	Europe	1.21%	1.13%	0.08%
Portugal	Europe	0.66%	0.62%	0.04%
Finland	Europe	0.52%	0.55%	-0.03%
Ireland	Europe	0.48%	0.45%	0.03%

Distribution by credit quality (% of funds)

As at 28 Feb 2026

Credit Rating	Fund	Benchmark	Variance +/-
AAA	12.75%	12.84%	-0.09%
AA	56.75%	56.69%	0.06%
A	22.91%	23.15%	-0.24%
BBB	7.15%	6.99%	0.16%
Not Rated	0.43%	0.32%	0.11%
Total	100.00%	100.00%

Distribution by credit issuer (% of funds)

As at 28 Feb 2026

Issuers	Fund	Benchmark	Variance +/-
Treasury/Federal	99.89%	99.99%	-0.09%
Other	0.54%	0.01%	0.52%
Cash	-0.43%	—	—
Total	100.00%	100.00%

Distribution by credit maturity (% of funds)

As at 28 Feb 2026

Maturity	Fund	Benchmark	Variance +/-
Under 1 Year	0.11%	0.01%	0.09%
1 - 5 Years	46.38%	46.17%	0.21%
5 - 10 Years	26.68%	26.92%	-0.24%
10 - 15 Years	6.87%	6.89%	-0.01%
15 - 20 Years	7.50%	7.83%	-0.33%
20 - 25 Years	4.31%	4.08%	0.23%
Over 25 Years	8.15%	8.10%	0.04%
Total	100.00%	100.00%

Holdings details

As at 28 Feb 2026

Holding name	% of market value	Market value	Face amount	Coupon/Yield	Maturity date
Spain Government Bond	0.63995%	CHF 936,131.41	770,000	3.10%	30 Jul 2031
Italy Buoni Poliennali Del Tesoro	0.63824%	CHF 933,629.36	760,000	3.45%	15 Jul 2031
Italy Buoni Poliennali Del Tesoro	0.62186%	CHF 909,665.47	800,000	0.25%	15 Mar 2028
Italy Buoni Poliennali Del Tesoro	0.60407%	CHF 883,637.46	735,000	3.45%	15 Jul 2027
French Republic Government Bond OAT	0.57741%	CHF 844,647.81	780,000	0.00%	25 Nov 2029
United Kingdom Gilt	0.56967%	CHF 833,315.29	610,000	4.13%	22 Jul 2029
United States Treasury Note/Bond	0.50275%	CHF 735,433.60	734,000	3.50%	31 Jan 2028
French Republic Government Bond OAT	0.49748%	CHF 727,717.05	610,000	2.75%	25 Oct 2027
United States Treasury Note/Bond	0.48803%	CHF 713,890.63	700,000	4.00%	28 Feb 2030
United Kingdom Gilt	0.47237%	CHF 690,991.25	510,000	4.00%	22 Oct 2031

Prices and distribution

Prices

NAV Price (CHF)

CHF 4.89

Change

-CHF 0.01-0.26%

At closure 27 Mar 2026

Market value (CHF)

CHF 4.90

Change

-CHF 0.02-0.39%

At closure 27 Mar 2026

NAV 52-week high

CHF 5.09

At closure 29 Mar 2026

Market value 52-week high

CHF 5.10

At closure 29 Mar 2026

NAV 52-week low

CHF 4.89

At closure 29 Mar 2026

Market value 52-week low

CHF 4.90

At closure 29 Mar 2026

NAV 52-week difference

CHF 0.19

Change

+3.83%

At closure 29 Mar 2026

Market value 52-week difference

CHF 0.20

Change

+3.92%

At closure 29 Mar 2026

Outstanding shares

961,887

At closure 28 Feb 2026

Historical Prices

Date	NAV (CHF)	Market price (CHF)
27 Mar 2026	CHF 4.8901	CHF 4.8960
26 Mar 2026	CHF 4.9030	CHF 4.9150
25 Mar 2026	CHF 4.9335	CHF 4.9342
24 Mar 2026	CHF 4.9107	CHF 4.9141
23 Mar 2026	CHF 4.9190	CHF 4.9007
20 Mar 2026	CHF 4.9099	CHF 4.9384
19 Mar 2026	CHF 4.9414	CHF 4.9376
18 Mar 2026	CHF 4.9482	CHF 4.9507
17 Mar 2026	CHF 4.9604	CHF 4.9631
16 Mar 2026	CHF 4.9520	CHF 4.9483

Distribution history

All dividends are reinvested for the "Accumulation" shares.

Purchase information

Currencies and stock exchanges

Listed currencies: CHF

Base currency: CHF

Exchanges: SIX Swiss Exchange

Fund codes

Citi: BLL4G
ISIN: IE000F16FMX1
MEX ID: VRAACW

Ticker iNav Bloomberg: IVGGXCHF
Bloomberg: VGGX SW
ISIN: IE000F16FMX1
Reuters: VGGX.S
SEDOL: BTCH960
Exchange ticker: VGGX