ESG Global Corporate Bond UCITS ETF - EUR Hedged Accumulating (V3GF)

NAV Price ()
Market value ()
Holdings

About this fund

Fund objectives

  • The Fund employs a “passive management” – or indexing – investment approach, through physical acquisition of securities, designed to track the performance of the Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index (the “Index”).
  • The Index is constructed from the Bloomberg Global Aggregate Float Adjusted Corporate Index (the “Parent Index”) which represents a multi-currency universe of investment grade corporate fixed-rate bonds from both developed and emerging markets issuers, which is then screened for certain environmental, social, and corporate governance criteria by the sponsor of the Index, which is independent of Vanguard.
  • The Fund promotes environmental and social characteristics by excluding fixed income securities from its portfolio based on the impact of the issuer’s conduct or products on society and / or the environment. This is met by tracking the Index.
  • The Index excludes the bonds of issuers that MSCI, the Index provider’s data source, determines engage in activities in, and/or derive revenue (above a threshold specified by the Index provider) from, certain business segments of the following: adult entertainment, alcohol, gambling, tobacco, nuclear weapons, controversial weapons, conventional weapons, civilian firearms, nuclear power, or thermal coal, oil, or gas.
  • The Index methodology also excludes the bonds of issuers that, as determined by MSCI, have no controversy score or a controversy score of less than one as defined by MSCI’s ESG controversies assessment framework.
  • Where MSCI has insufficient or no data available to adequately assess a particular issuer relative to the ESG criteria of the Index, bonds of such issuer may be excluded from the Index until such time as they may be determined to be eligible by MSCI.
  • In circumstances where the Fund holds securities which do not comply with the ESG requirements of the Index (including in circumstances where MSCI receives further data allowing it to determine that an issuer of a security does not meet the relevant ESG criteria of the Index), the Fund may hold such securities until such time as the relevant securities cease to form part of the Index and it is possible and practicable (in the Investment Manager’s view) to liquidate the position.
  • Company product and conduct involvement is monitored on a yearly basis by the Index provider and as new data is made available to the Index provider.
  • In this regard, the Index is consistent with the characteristics promoted by the Fund.

Fund facts

Share class inception
20 May 2021
Listing date
25 May 2021
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Investment method
Physical
Index ticker
H35936EU
Dividend schedule
Benchmark
Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index in EUR
Legal entity
Vanguard Funds PLC
Register countries
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Isle of Man, Italy, Jersey, Liechtenstein, Luxembourg, Netherlands, Norway, Portugal and Sweden

The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

Sustainability-related disclosures

  • This product promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics as specified under Article 8 of the EU SFDR.
  • Refer to the “Sustainability-related disclosures” document at the top of the webpage for the detailed disclosures in accordance with SFDR.

Performance

Total Returns

-

Risk and Volatility

As at 31 Jan 2023

Beta
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

As at 31 Dec 2022

FundamentalsFundBenchmark
Number of bonds 3,520 5,974
YTM (Yield to Maturity) effective 5.0% 5.0%
Medium coupon 3.1% 2.9%
Average maturity 8.1 Years 8.2 Years
Average quality A- A-
Average Duration 5.9 Years 5.9 Years
Cash Investment 2.8%
Market allocation

As at 31 Dec 2022

CountryRegionFundBenchmarkVariance +/-
United States of AmericaNorth America 55.5% 56.1% -0.6%
United KingdomEurope 8.5% 8.6% -0.1%
FranceEurope 6.9% 7.4% -0.5%
CanadaNorth America 5.0% 5.0% 0.0%
GermanyEurope 4.1% 4.9% -0.8%
NetherlandsEurope 3.3% 2.9% 0.4%
OtherOther 2.8% 0.0% 2.8%
JapanPacific 2.7% 2.9% -0.2%
SpainEurope 2.3% 2.6% -0.3%
SwitzerlandEurope 1.9% 2.1% -0.2%
AustraliaPacific 1.2% 1.3% -0.1%
SwedenEurope 0.9% 1.0% -0.1%
ItalyEurope 0.9% 1.0% -0.1%
IrelandEurope 0.8% 0.8% 0.0%
FinlandEurope 0.5% 0.4% 0.1%
Distribution by credit quality (% of funds)

As at 31 Dec 2022

Distribution by credit issuer (% of funds)

As at 31 Dec 2022

Distribution by credit maturity (% of funds)

As at 31 Dec 2022

Holdings details

As at 31 Dec 2022

Holding name% of market valueMarket valueFace amountCoupon/YieldMaturity date
Citigroup Inc. 0.18679% €536,476.09 535,000 5.61% 29 Sep 2026
Carrefour SA 0.17940% €515,242.56 500,000 0.75% 26 Apr 2024
Japan Government Ten Year Bond 0.17391% €499,478.25 65,450,000 0.30% 20 Dec 2025
Bank of America Corp. 0.16484% €473,426.10 485,000 3.84% 25 Apr 2025
GSK Capital BV 0.16344% €469,406.03 450,000 3.00% 28 Nov 2027
Morgan Stanley 0.15398% €442,251.11 455,000 4.35% 08 Sep 2026
Wells Fargo & Co. 0.15274% €438,673.42 450,000 4.81% 25 Jul 2028
Booking Holdings Inc. 0.14975% €430,097.72 400,000 4.00% 15 Nov 2026
Sanofi 0.14191% €407,575.66 400,000 0.88% 06 Apr 2025
Wells Fargo & Co. 0.13530% €388,589.35 400,000 3.30% 09 Sep 2024

Prices and distribution

Prices

NAV Price (EUR)
€4.42
Change
+€0.030.74%
At closure 02 Feb 2023
Market value (EUR)
€4.40
Change
+€0.020.36%
At closure 02 Feb 2023
NAV 52-week high
€4.89
At closure 02 Feb 2023
Market value 52-week high
€4.89
At closure 02 Feb 2023
NAV 52-week low
€4.07
At closure 02 Feb 2023
Market value 52-week low
€4.07
At closure 02 Feb 2023
NAV 52-week difference
€0.82
Change
+16.80%
At closure 02 Feb 2023
Market value 52-week difference
€0.82
Change
+16.77%
At closure 02 Feb 2023
Outstanding shares
49,314,913
At closure 31 Dec 2022
Historical Prices

-

Inception date

20 May 2021

Listing date

25 May 2021

Date NAV (EUR) Market price (EUR)
02 Feb 2023 €4.4225 €4.4045
01 Feb 2023 €4.3901 €4.3885
31 Jan 2023 €4.3732 €4.3755
30 Jan 2023 €4.3604 €4.3930
27 Jan 2023 €4.3717 €4.3825
26 Jan 2023 €4.3758 €4.3980
25 Jan 2023 €4.3798 €4.3925
24 Jan 2023 €4.3765 €4.3970
23 Jan 2023 €4.3612 €4.3810
20 Jan 2023 €4.3652 €4.3995

Distribution history

Distribution frequency

Historical performance

All dividends are reinvested for the "Accumulation" shares.

Purchase information

Currencies and exchange rates

Listed currencies: EUR

Base currency: EUR

Exchanges: Deutsche Boerse, Borsa Italiana S.p.A., NYSE Euronext - Amsterdam

Fund codes

  • Ticker iNav Bloomberg: IV3GFEUR
  • Bloomberg: V3GF NA
  • Citi: T2VH
  • Exchange ticker: V3GF
  • ISIN: IE00BNDS1P30
  • MEX ID: VRAABD
  • Reuters: V3GF.AS
  • SEDOL: BMV7Z64
  • Ticker iNav Bloomberg: IV3GFEUR
  • Bloomberg: V3GF NA
  • Exchange ticker: V3GF
  • ISIN: IE00BNDS1P30
  • Reuters: V3GF.AS
  • SEDOL: BMV7Z64
  • Ticker iNav Bloomberg: IV3GFEUR
  • Exchange ticker: V3GF
  • Bloomberg: V3GF IM
  • ISIN: IE00BNDS1P30
  • Reuters: V3GF.MI
  • SEDOL: BMV7Z75
  • Bloomberg: V3GF GY
  • Exchange ticker: V3GF
  • ISIN: IE00BNDS1P30
  • Reuters: V3GF.DE
  • SEDOL: BMV7Z53

Product Detail Meta data: Author mode

Port Id:9472
Product Type: etf
Author Environment: true