Global Core Bond Fund - Institutional Plus CHF Hedged Acc (VAGCICH)

About this fund

Fund objectives

The Fund aims to provide a higher total return (capital growth plus income) than the Bloomberg Global Aggregate Index (the "Index") after the fees and expenses of the Fund. The Fund employs an "active management" strategy in aiming to outperform the Index and in doing so, the Investment Manager will follow distinct approaches in managing the Fund's assets.
The Investment Manager may in its discretion restrict the extent to which the Fund’s holdings deviate from the Index constituents on a security selection and fixed income sector basis.
The Fund may take active fixed income sector views with the focus on bond specific selection. The extent to which the Fund can outperform the Index may be restricted by constraints applied by the Investment Manager which limit the potential volatility of the difference between the return of the Fund and the return of the Index. Such constraints may change or be removed from time to time at the Investment Manager’s discretion and depending on market environments.
The Fund will invest in global fixed income bonds, including fixed and floating rate issues, primarily made up of treasury, government-related, securitised, and corporate debt from developed and emerging market issuers. The Fund will primarily invest in investment grade bonds with a rating of the equivalent of Baa3 and above by Moody‘s or another independent rating agency or, which are determined to be of comparable quality by the Investment Manager.

Fund facts

Share class inception

23 Jul 2025

Minimum initial investment

CHF 100,000,000.00

Investment structure

Irish UCITS

Share Class Assets'

Total Assets

Risk indicator

Strategy

Active

Asset Class

Bond

Domicile

Ireland

Tax status

Italy and Switzerland reporting

Dividend schedule

—

Currency

CHF

Index ticker

H00038CH

Benchmark

Bloomberg Global Aggregate Bond Index Hedged in CHF

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 31 Jul 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	401	32,281	31 Jul 2026
	4.6%	4.0%	31 Jul 2026
	3.7%	3.2%	31 Jul 2026
	8.7 Years	8.1 Years	31 Jul 2026
	A+	AA-	31 Jul 2026
	5.7 Years	6.1 Years	31 Jul 2026
Cash Investment	4.2%	—	31 Jul 2026

Market allocation

As at 31 Jul 2026

Country	Region	Fund	Benchmark	Variance +/-
United States of America	North America	35.26%	40.51%	-5.25%
Supranational	Other	5.93%	2.75%	3.18%
Italy	Europe	5.85%	3.22%	2.63%
United Kingdom	Europe	5.35%	4.35%	1.00%
Poland	Europe	4.43%	0.45%	3.98%
Japan	Pacific	4.30%	7.99%	-3.69%
Other	Other	4.27%	0.00%	4.27%
China	Emerging Markets	3.51%	10.98%	-7.47%
Spain	Europe	3.08%	2.24%	0.84%
Latvia	Emerging Markets	2.41%	0.02%	2.39%
Hong Kong	Pacific	2.23%	0.12%	2.11%
Canada	North America	2.06%	3.59%	-1.53%
France	Europe	1.88%	5.16%	-3.28%
Australia	Pacific	1.86%	1.75%	0.11%
South Korea	Pacific	1.64%	1.23%	0.41%

Distribution by credit quality (% of funds)

As at 31 Jul 2026

Credit Rating	Fund
AAA	5.05%
AA	34.24%
A	27.35%
Less than BBB	0.47%
BBB	29.18%
Not Rated	3.71%

Distribution by credit issuer (% of funds)

As at 31 Jul 2026

Issuers	Fund
Treasury/Federal	28.08%
Gov-Related-Agencies	10.08%
Gov-Related-Local Authority	4.75%
Gov-Related-Sovereign	9.10%
Gov-Related-Supranational	5.93%
Corporate-Industrials	9.04%
Corporate-Utilities	1.42%
Corporate-Financial Institutions	12.78%
Securitized-Mortgage Backed Security Pass-through	14.46%
Securitized-Asset Backed Security	0.38%
Cash	4.22%
Other	-0.24%

Distribution by credit maturity (% of funds)

As at 31 Jul 2026

Maturity	Fund
Under 1 Year	9.51%
1 - 5 Years	30.47%
5 - 10 Years	33.12%
10 - 15 Years	9.87%
15 - 20 Years	6.50%
20 - 25 Years	2.62%
Over 25 Years	7.90%

Holdings details

As at 31 Jul 2026

Holding name	% of market value	Market value	Face amount	Coupon/Yield	Maturity date
United States Treasury Bill	5.66240%	CHF 4,896,091.56	4,900,000	0.00%	11 Aug 2026
United States Treasury Inflation Indexed Bonds	4.45989%	CHF 3,856,316.55	3,944,135.16	0.13%	15 Apr 2027
Republic of Poland Government Bond	2.50568%	CHF 2,166,580.18	8,243,000	4.50%	25 Jul 2030
Fannie Mae or Freddie Mac	1.96691%	CHF 1,700,722.00	2,000,000	3.00%	13 Aug 2026
China Government International Bond	1.86268%	CHF 1,610,594.10	1,453,000	3.13%	03 Jul 2038
Mediocredito Centrale - Banca Del Mezzogiorno SpA	1.73695%	CHF 1,501,882.56	1,319,000	3.75%	16 Jan 2032
European Investment Bank	1.71538%	CHF 1,483,236.28	1,200,000	1.11%	06 Aug 2041
Banque Ouest Africaine de Developpement	1.45141%	CHF 1,254,982.48	200,000,000	3.72%	30 Jul 2029
Bulgaria Government International Bond	1.18786%	CHF 1,027,104.01	891,000	3.63%	05 Sept 2032
China Development Bank	1.15127%	CHF 995,466.61	6,690,000	1.80%	02 Apr 2035

Prices and distribution

Prices

NAV Price (CHF)

CHF 98.42

Change

-CHF 0.17-0.17%

At closure 11 Sept 2026

NAV 52-week high

CHF 102.51

At closure 12 Sept 2026

NAV 52-week low

CHF 98.42

At closure 12 Sept 2026

NAV 52-week difference

CHF 4.09

Change

+3.99%

At closure 12 Sept 2026

Historical Prices

Date	NAV (CHF)
11 Sept 2026	CHF 98.4208
10 Sept 2026	CHF 98.5860
09 Sept 2026	CHF 99.0526
08 Sept 2026	CHF 99.2254
07 Sept 2026	CHF 99.0583
04 Sept 2026	CHF 99.2613
03 Sept 2026	CHF 99.0475
02 Sept 2026	CHF 99.0751
01 Sept 2026	CHF 99.1828
31 Aug 2026	CHF 99.3098

Distribution history

All dividends are reinvested for the "Accumulation" shares.

Purchase information

Currency

Base currency:CHF

Fund codes

Bloomberg:VAGCICH
Citi:BU7ZS
ISIN:IE000K8835Z9
MEX ID:VIAAZV
SEDOL:BS2FT90