U.K. Investment Grade Bond Index Fund
U.K. Investment Grade Bond Index Fund - GBP Acc (VANUKII)
Related Documents
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 GBP Non Government Float Adjusted Bond Index (the “Index”).
- The Index is a market-weighted index of pound sterling denominated investment-grade fixed-income securities with maturities greater than one year and a minimum issue size of GBP 200 million, but excluding certain sectors as set out below. The Index includes securities issued by corporate, securitised, and government-related/supranational entities, including non UK governments who issue securities in pound sterling, but excludes UK Treasury, UK agency and UK local authority issuers.
- The Fund attempts to: 1. Track the performance of the Index by investing through physical acquisition in a portfolio of securities that, insofar as possible and practicable, consists of a representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
Fund facts
Share class inception
20 Mar 2007
Minimum initial investment
£1,000,000.00
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
Dividend schedule
—
Currency
GBP
Index ticker
I23046GB
Benchmark
Bloomberg GBP Non-Government Float Adjusted Bond Index
Investment manager
Vanguard Asset Management, Ltd.
Europe Bond Index 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 31 Aug 2026
Beta
R²
Annualized Tracking Error
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 | 1,135 | 1,181 | 31 Aug 2026 |
| 5.6% | 5.6% | 31 Aug 2026 | |
| 4.6% | 4.5% | 31 Aug 2026 | |
| 7.5 Years | 7.5 Years | 31 Aug 2026 | |
| A | A | 31 Aug 2026 | |
| 5.0 Years | 5.0 Years | 31 Aug 2026 | |
| Cash Investment | 0.0% | — | 31 Aug 2026 |
Market allocation
As at 31 Aug 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United Kingdom | Europe | 39.95% | 39.27% | 0.68% |
| Supranational | Other | 13.82% | 14.04% | -0.22% |
| United States of America | North America | 13.72% | 13.79% | -0.07% |
| Germany | Europe | 8.69% | 8.99% | -0.30% |
| France | Europe | 7.55% | 7.60% | -0.05% |
| Canada | North America | 2.69% | 2.64% | 0.05% |
| Netherlands | Europe | 2.33% | 2.32% | 0.01% |
| Italy | Europe | 1.56% | 1.58% | -0.02% |
| Spain | Europe | 1.11% | 1.27% | -0.16% |
| Australia | Pacific | 1.01% | 1.05% | -0.04% |
| Japan | Pacific | 0.88% | 0.93% | -0.05% |
| Sweden | Europe | 0.80% | 0.74% | 0.06% |
| Denmark | Europe | 0.80% | 0.76% | 0.04% |
| Belgium | Europe | 0.75% | 0.65% | 0.10% |
| Norway | Europe | 0.68% | 0.70% | -0.02% |
Distribution by credit quality (% of funds)
As at 31 Aug 2026
| Credit Rating | Fund |
|---|---|
| AAA | 21.03% |
| AA | 10.66% |
| A | 30.80% |
| BBB | 37.46% |
| Not Rated | 0.05% |
Distribution by credit issuer (% of funds)
As at 31 Aug 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 0.55% |
| Gov-Related-Agencies | 11.46% |
| Gov-Related-Local Authority | 2.32% |
| Gov-Related-Sovereign | 0.64% |
| Gov-Related-Supranational | 13.82% |
| Corporate-Industrials | 19.44% |
| Corporate-Utilities | 11.95% |
| Corporate-Financial Institutions | 36.45% |
| Securitized-Asset Backed Security | 3.33% |
| Cash | 0.05% |
Distribution by credit maturity (% of funds)
As at 31 Aug 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.22% |
| 1 - 5 Years | 48.53% |
| 5 - 10 Years | 26.74% |
| 10 - 15 Years | 10.47% |
| 15 - 20 Years | 5.66% |
| 20 - 25 Years | 2.80% |
| Over 25 Years | 5.57% |
Holdings details
As at 31 Aug 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| Kreditanstalt fuer Wiederaufbau | 0.70242% | £27,734,993.36 | 27,566,000 | 4.88% | 10 Oct 2028 |
| Kreditanstalt fuer Wiederaufbau | 0.61220% | £24,172,743.43 | 24,621,000 | 3.75% | 09 Jan 2029 |
| Kreditanstalt fuer Wiederaufbau | 0.53053% | £20,947,876.11 | 20,960,000 | 4.38% | 31 Jan 2028 |
| European Investment Bank | 0.50748% | £20,037,877.01 | 19,456,000 | 6.00% | 07 Dec 2028 |
| Kreditanstalt fuer Wiederaufbau | 0.49219% | £19,434,148.10 | 20,041,000 | 4.00% | 01 Jul 2031 |
| United Kingdom Gilt | 0.44684% | £17,643,472.20 | 18,000,000 | 4.13% | 07 Mar 2031 |
| International Bank for Reconstruction & Development | 0.41171% | £16,256,158.84 | 17,491,000 | 1.25% | 13 Dec 2028 |
| European Investment Bank | 0.40412% | £15,956,710.40 | 15,316,000 | 5.63% | 07 Jun 2032 |
| International Bank for Reconstruction & Development | 0.38944% | £15,377,021.96 | 15,700,000 | 4.13% | 22 Oct 2030 |
| Asian Development Bank | 0.37085% | £14,642,799.63 | 15,100,000 | 4.00% | 01 Jul 2031 |
Prices and distribution
Prices
NAV Price (GBP)
£102.30
GBPChange
-£0.23-0.22% At closure 08 Oct 2026
NAV 52-week high
£105.06
At closure 08 Oct 2026
NAV 52-week low
£100.87
At closure 08 Oct 2026
NAV 52-week difference
£4.18
Change
+3.98% At closure 08 Oct 2026
Historical Prices
-
Inception date
20 Mar 2007
| Date | NAV (GBP) |
|---|---|
| 08 Oct 2026 | £102.3005 |
| 07 Oct 2026 | £102.5256 |
| 06 Oct 2026 | £102.8428 |
| 05 Oct 2026 | £102.5209 |
| 02 Oct 2026 | £102.7713 |
| 01 Oct 2026 | £102.5596 |
| 30 Sept 2026 | £102.5912 |
| 29 Sept 2026 | £102.6118 |
| 28 Sept 2026 | £102.4688 |
| 25 Sept 2026 | £102.6775 |
Distribution history
Distribution frequency
—
Historical performance 31 Mar 2026
4.33%
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency:GBP
Fund codes
- Bloomberg:VANUKII
- Citi:FPD5
- ISIN:IE00B1S74Q32
- MEX ID:VIUKGB
- SEDOL:B1S74Q3