Vanguard ESG EUR Corporate Bond UCITS ETF Dis

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 MSCI EUR Corporate Liquid Bond Screened Index (the "Index"). In tracking the performance of the Index, the Fund will invest in a EUR denominated portfolio of investment grade corporate fixed-rate bonds that so far as possible and practicable consists of a representative sample of the component securities of the Index. The Index is constructed from the Bloomberg Euro-Aggregate Corporate Index (the "Parent Index") which represents a similar investment universe which is then screened for certain environmental, social, and governance (i.e. controversy-related) criteria (the 'screening criteria'), by Bloomberg as the sponsor of the Index, which is independent of Vanguard. Through the screening out of bonds issued by corporate issuers from its portfolio based on the potentially detrimental impact of the relevant corporate issuer's conduct or products on society and / or the environment, the Fund promotes certain environmental characteristics and social characteristics relating to social norms and standards. The Index methodology excludes the bonds of corporate issuers that MSCI determines (a) to be engaged in activities in or involved in specific parts of the supply chain for, and/or (b) derive revenue (above a threshold specified by the Index provider) from, certain business segments of activities related to the following: (i) adult entertainment, (ii) alcohol, (iii) gambling, (iv) tobacco, (v) nuclear weapons, (vi) controversial weapons, (vii) conventional weapons, (viii) civilian firearms, (ix) nuclear power, or (x) fossil fuels (which includes thermal coal, oil, gas, oil sands, arctic oil or arctic gas). The index provider defines what constitutes "involvement" in each activity. This may be based on percentage of revenue or any connection to a restricted activity regardless of the amount

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No