Vanguard Global Credit Bond Inst CHF Hdg

Objectives: The Fund seeks to provide a moderate and sustainable level of current income by investing in a diversified portfolio of global credit bonds. The Fund employs an 'active management' strategy aiming to outperform the Bloomberg Global Aggregate Credit Index (the 'Index'), over the cycle, and in doing so, the Investment Manager will follow distinct approaches in managing the Fund's assets. The Fund primarily invests in investment grade global credit bonds, made up of corporate and non-corporate obligations with a rating of the equivalent of Baa3 and above by Moody's or another independent rating agency or, if unrated, are determined to be of comparable quality by the Investment Manager. The Investment Manager may in its discretion restrict the extent to which the Fund's risk factors deviate from the Index. The Fund may take active fixed income sector and security selection views with the focus on outperforming the Index. The investment manager may apply constraints which limit the potential volatility of the Fund relative to the Index and such constraints may change or be removed from time to time at the Investment Manager's discretion and depending on market environments. The Fund may use derivatives in order to reduce risk or cost and/or generate extra income or growth, and for investment purposes. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index. Subject to certain exceptions set out in the Prospectus, Shares in the Fund can be bought or sold or exchanged on a daily basis (save on certain bank / public holidays and subject to certain restrictions described in Appendix 1 of the Prospectus or in a separate Supplement) by submitting an application in writing. A list of the days on which shares in the Fund cannot be bought or sold is available onhttps://fund-docs.vanguard.com/holiday-calendar-vanguard-investment-series-plc-irish-funds.pdf VIS is an umbrella fund

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No