Vanguard EUR Cash UCITS ETF Dist

Objectives: The Fund aims to preserve capital, maintain a high level of liquidity within the Fund's portfolio of assets and provide a return in line with Euro money market rates. Money invested in the Fund is not protected or guaranteed. The Fund is a Short-Term Variable NAV Money Market Fund in accordance with the EU Money Market Fund Regulation and will comply with the investment and diversification restrictions set out in the Fund Supplement. The Fund employs an "active management" strategy in seeking to achieve its objective by investing in securities that are eligible assets according to Article 9 of the EU MMFR. The Fund seeks to primarily invest in high-quality EUR denominated Treasury Bills (short-term securities issued by Governments), Agency and Supranational issued commercial paper (unsecured short-term debt instruments issued by corporations or other entities including public or local authorities), Time Deposits (fixed term investment that gathers interest over the period of its term) and reverse repurchase agreements (instruments under which the Fund acquires ownership of securities from a seller who agrees to repurchase the securities at a mutually agreed date and at an agreed repurchase price). The Fund may measure its performance against the compounded Euro Short-Term Rate (€STR), the rate published by the European Central Bank, which reflects the wholesale euro unsecured overnight borrowing costs of banks located in the Euro area. The Investment Manager has discretion to select the Fund's investments and is not restricted to selecting investments from any benchmark. The securities held by the Fund may be issued or guaranteed by Governments, Government Agencies or Local Authorities (including those that do not participate in the Economic and Monetary Union (EMU)), Supranational bodies or corporate issuers. The weighted average maturity of the Fund's portfolio will not exceed 60 days, and the weighted average life of the Fund's portfolio will not

Actively managed

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No