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

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NAV Price ()
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Market value ()
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Holdings
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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
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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

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*Since inception 20 May 2021

Benchmark: Bloomberg MSCI Global Corporate Float-Adjusted Liquid Bond Screened Index in EUR

Past performance is not a reliable indicator of future results.

The performance of an index is not an exact representation of any particular investment as you cannot invest directly in an index. The performance of the index reflects the reinvestment of Distribution and dividends but does not reflect the deduction of any fees or expenses which would have reduced total returns.

Recent performance and average annual total returns are calculated through month-end.

Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the reinvestment of all dividends and any capital gains distributions. The performance data does not take account of the commissions and costs incurred in the issue and redemption of shares. Basis of fund performance NAV to NAV with gross income reinvested.

Risk and Volatility

As at 30 Apr 2023

Beta
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R²
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Annualized Tracking Error
1 year
3 years
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5 years
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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 30 Apr 2023

FundamentalsFundBenchmark
Number of bonds 3,918 —
— 4.7%
3.2% 3.1%
8.1 Years 8.2 Years
A- A-
5.9 Years 5.9 Years
Cash Investment 1.3% —

The allocations are subject to circumstances such as timing differences between trade and settlement dates of underlying securities, that may result in negative weightings. The fund may also employ certain derivative instruments for cash management or risk management purposes that may also result in negative weightings. Allocations are subject to change.

Cash includes physical cash on the account, cash like instruments (such as ultra-short term treasury bonds) and derivative instruments.

Market allocation

As at 30 Apr 2023

CountryRegionFundBenchmarkVariance +/-
United States of AmericaNorth America 55.9% 56.3% -0.4%
United KingdomEurope 8.8% 8.6% 0.2%
FranceEurope 7.3% 7.4% -0.1%
CanadaNorth America 4.7% 4.9% -0.2%
GermanyEurope 4.4% 4.7% -0.3%
NetherlandsEurope 3.0% 2.9% 0.1%
JapanPacific 2.9% 3.0% -0.1%
SpainEurope 2.3% 2.5% -0.2%
SwitzerlandEurope 2.1% 2.1% 0.0%
AustraliaPacific 1.3% 1.4% -0.1%
OtherOther 1.3% 0.0% 1.3%
SwedenEurope 1.0% 0.9% 0.1%
IrelandEurope 0.9% 0.8% 0.1%
ItalyEurope 0.9% 1.1% -0.2%
DenmarkEurope 0.5% 0.5% 0.0%

Distribution by credit quality (% of funds)

As at 31 Mar 2023

Distribution by credit issuer (% of funds)

As at 31 Mar 2023

Distribution by credit maturity (% of funds)

As at 31 Mar 2023

Holdings details

As at 30 Apr 2023

Holding name% of market valueMarket valueFace amountCoupon/YieldMaturity date
United States Treasury Note/Bond 0.19245% €811,380.16 811,000 3.75% 15 Apr 2026
Morgan Stanley 0.14857% €626,362.01 635,000 3.88% 29 Apr 2024
Morgan Stanley 0.13462% €567,547.93 600,000 3.59% 22 Jul 2028
United States Treasury Note/Bond 0.13244% €558,381.19 560,000 3.88% 30 Apr 2025
Nestle Finance International Ltd. 0.13139% €553,935.95 550,000 14 Jun 2026
Sumitomo Mitsui Financial Group Inc. 0.13012% €548,585.61 565,000 3.78% 09 Mar 2026
Carrefour SA 0.12758% €537,873.56 500,000 0.75% 26 Apr 2024
Cooperatieve Rabobank UA 0.12723% €536,391.71 570,000 3.75% 21 Jul 2026
Sanofi 0.12561% €529,566.84 500,000 1.00% 01 Apr 2025
CVS Health Corp. 0.12500% €526,999.91 565,000 5.05% 25 Mar 2048

3863 total holdings

Total allocation percentages shown in the holdings details or the spreadsheet may not equal 100%, due to rounding or omission of cash and/or futures contracts.  

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

Prices and distribution

Prices

NAV Price (EUR)
€4.32
Change
+€0.010.27%
At closure 31 May 2023
Market value (EUR)
€4.32
Change
+€0.000.07%
At closure 31 May 2023
NAV 52-week high
€4.55
At closure 31 May 2023
Market value 52-week high
€4.56
At closure 31 May 2023
NAV 52-week low
€4.07
At closure 31 May 2023
Market value 52-week low
€4.07
At closure 31 May 2023
NAV 52-week difference
€0.48
Change
+10.64%
At closure 31 May 2023
Market value 52-week difference
€0.48
Change
+10.63%
At closure 31 May 2023
Outstanding shares
57,784,152
At closure 30 Apr 2023
Historical Prices

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Inception date

20 May 2021

Listing date

25 May 2021

Date NAV (EUR) Market price (EUR)
31 May 2023 €4.3190 €4.3155
30 May 2023 €4.3074 €4.3125
29 May 2023 €4.2807 €4.3015
26 May 2023 €4.2743 €4.2830
25 May 2023 €4.2724 €4.2910
24 May 2023 €4.2849 €4.2985
23 May 2023 €4.2933 €4.2995
22 May 2023 €4.2916 €4.3030
19 May 2023 €4.2925 €4.3095
18 May 2023 €4.2940 €4.3070

Distribution history

Distribution frequency

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Historical performance

All dividends are reinvested for the "Accumulation" shares.

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

Purchase information

Currencies and stock exchanges

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

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

SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC. SEDOL data was extracted from the London Stock Exchange SEDOL Masterfile®.

Product Detail Meta data: Author mode

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