- Ticker iNav Bloomberg: IVGGPGBP
- Bloomberg: VGGP LN
- Citi: BTHW3
- ISIN: IE000A2E14U6
- MEX ID: VRAACT
- Reuters: VGGP.L
- SEDOL: BTCH8W9
- Exchange ticker: VGGP
NAV Price ()
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Market value ()
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Holdings
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Discover moreAbout this fund
Fund 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 Global Treasury Developed Countries Float Adjusted Index (the “Index”).
- The Fund will invest in a portfolio of local currency government bonds (including callable bonds) from developed countries (as determined by the index provider) that insofar as possible and practicable consists of a representative sample of the component securities of the Index.
- The index is designed to reflect the universe of float adjusted fixed-rate, investment-grade, local currency government debt of developed (as determined by the index provider) countries. The bonds must have a maturity of at least one year.
- To a lesser extent the Fund may invest in similar types of bonds outside the Index, but whose risk and return characteristics closely resemble the risk and return characteristics of constituents of the Index or of the Index as a whole.
- The Fund invests in securities which are denominated in currencies other than the base currency. Movements in currency exchange rates can affect the return of investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates, where the Fund invests in securities denominated in currencies other than the listing currency, but these risks cannot be eliminated entirely. As this document relates to a share class where such techniques are used, the performance (see "Performance") of this share class is shown against the currency hedged version of the Index.
- The Fund attempts to remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
- While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due to various factors such as expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in the Prospectus.
Fund facts
Share class inception
25 Mar 2025
Listing date
27 Mar 2025
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Investment method
Physical
Index ticker
H38855GB
Dividend schedule
Monthly
Benchmark
Bloomberg Global Treasury Developed Countries Float Adjusted Index Hedged in GBP
Legal entity
Vanguard Funds PLC
Register countries
Isle of Man, United Kingdom, Liechtenstein, Belgium, Jersey, C.I., Italy, Guernsey, C.I., Spain, Denmark, Finland, France, Ireland, Norway, Switzerland, Austria, Germany, Luxembourg, Netherlands, 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.
Performance
Risk and Volatility
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Sorry, this information is not available yet. It will display a year after inception date.
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
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 919 | 1,370 | 30 Sep 2025 |
| 3.4% | 3.4% | 30 Sep 2025 | |
| 2.9% | 2.7% | 30 Sep 2025 | |
| 8.8 Years | 8.8 Years | 30 Sep 2025 | |
| AA | AA | 30 Sep 2025 | |
| 6.9 Years | 6.9 Years | 30 Sep 2025 | |
| Cash Investment | 0.2% | — | 30 Sep 2025 |
Market allocation
As at 30 Sep 2025
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 46.75% | 46.68% | 0.07% |
| Japan | Pacific | 10.74% | 10.73% | 0.01% |
| France | Europe | 7.53% | 7.44% | 0.09% |
| Italy | Europe | 7.03% | 6.94% | 0.09% |
| United Kingdom | Europe | 5.80% | 5.82% | -0.02% |
| Germany | Europe | 5.72% | 5.93% | -0.21% |
| Spain | Europe | 4.60% | 4.53% | 0.07% |
| Canada | North America | 1.91% | 1.93% | -0.02% |
| Australia | Pacific | 1.63% | 1.61% | 0.02% |
| Belgium | Europe | 1.54% | 1.55% | -0.01% |
| Netherlands | Europe | 1.30% | 1.29% | 0.01% |
| Austria | Europe | 1.20% | 1.15% | 0.05% |
| Portugal | Europe | 0.63% | 0.61% | 0.02% |
| Finland | Europe | 0.54% | 0.53% | 0.01% |
| Singapore | Pacific | 0.46% | 0.45% | 0.01% |
Distribution by credit quality (% of funds)
As at 30 Sep 2025
| Credit Rating | Fund | Benchmark | Variance +/- |
|---|---|---|---|
| AAA | 12.38% | 12.63% | -0.25% |
| AA | 63.71% | 63.63% | 0.08% |
| A | 16.17% | 16.37% | -0.20% |
| BBB | 6.87% | 6.85% | 0.01% |
| Not Rated | 0.87% | 0.51% | 0.36% |
| Total | 100.00% | 100.00% |
Distribution by credit issuer (% of funds)
As at 30 Sep 2025
| Issuers | Fund | Benchmark | Variance +/- |
|---|---|---|---|
| Treasury/Federal | 99.75% | 99.99% | -0.24% |
| Cash | 0.20% | — | — |
| Other | 0.05% | 0.01% | 0.04% |
| Total | 100.00% | 100.00% |
Distribution by credit maturity (% of funds)
As at 30 Sep 2025
| Maturity | Fund | Benchmark | Variance +/- |
|---|---|---|---|
| Under 1 Year | 0.25% | 0.01% | 0.24% |
| 1 - 5 Years | 46.09% | 46.16% | -0.08% |
| 5 - 10 Years | 26.86% | 27.09% | -0.23% |
| 10 - 15 Years | 6.54% | 6.54% | 0.00% |
| 15 - 20 Years | 8.15% | 8.19% | -0.04% |
| 20 - 25 Years | 4.07% | 3.92% | 0.15% |
| Over 25 Years | 8.05% | 8.09% | -0.04% |
| Total | 100.00% | 100.00% |
Holdings details
As at 30 Sep 2025
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| United States Treasury Note/Bond | 1.49759% | £1,976,848.82 | 1,970,000 | 3.88% | 31 May 2027 |
| United States Treasury Note/Bond | 1.48913% | £1,965,678.20 | 1,954,000 | 4.25% | 30 Nov 2026 |
| United States Treasury Note/Bond | 1.10131% | £1,453,754.53 | 1,449,000 | 3.75% | 15 May 2028 |
| United States Treasury Note/Bond | 0.85075% | £1,123,007.81 | 1,110,000 | 4.00% | 28 Feb 2030 |
| United States Treasury Note/Bond | 0.83884% | £1,107,285.71 | 1,073,000 | 4.63% | 30 Apr 2029 |
| United States Treasury Note/Bond | 0.83028% | £1,095,981.25 | 1,066,000 | 4.50% | 31 May 2029 |
| United States Treasury Note/Bond | 0.82679% | £1,091,376.96 | 1,075,000 | 4.13% | 31 Mar 2029 |
| French Republic Government Bond OAT | 0.81926% | £1,081,437.10 | 910,000 | 2.75% | 25 Oct 2027 |
| Bundesschatzanweisungen | 0.70517% | £930,832.36 | 790,000 | 2.20% | 11 Mar 2027 |
| United States Treasury Note/Bond | 0.70507% | £930,710.16 | 1,065,000 | 1.13% | 15 Feb 2031 |
Prices and distribution
Prices
NAV Price (GBP)
£5.08
Change
+£0.000.06% At closure 11 Nov 2025
Market value (GBP)
£5.08
Change
+£0.010.15% At closure 11 Nov 2025
NAV 52-week high
£5.10
At closure 12 Nov 2025
Market value 52-week high
£5.10
At closure 12 Nov 2025
NAV 52-week low
£4.98
At closure 12 Nov 2025
Market value 52-week low
£4.98
At closure 12 Nov 2025
NAV 52-week difference
£0.12
Change
+2.27% At closure 12 Nov 2025
Market value 52-week difference
£0.12
Change
+2.38% At closure 12 Nov 2025
Outstanding shares
1,025,939
At closure 31 Oct 2025
Historical Prices
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Inception date
25 Mar 2025
Listing date
27 Mar 2025
| Date | NAV (GBP) | Market price (GBP) |
|---|---|---|
| 11 Nov 2025 | £5.0752 | £5.0825 |
| 10 Nov 2025 | £5.0723 | £5.0750 |
| 07 Nov 2025 | £5.0733 | £5.0795 |
| 06 Nov 2025 | £5.0756 | £5.0795 |
| 05 Nov 2025 | £5.0644 | £5.0675 |
| 04 Nov 2025 | £5.0769 | £5.0825 |
| 03 Nov 2025 | £5.0744 | £5.0730 |
| 31 Oct 2025 | £5.0776 | £5.0795 |
| 30 Oct 2025 | £5.0786 | £5.0825 |
| 29 Oct 2025 | £5.0817 | £5.0935 |
Distribution history
Distribution frequency
Monthly
Historical performance
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| Type | Distribution amount (per unit) | Ex-dividend date | Registration date | Payable date |
|---|---|---|---|---|
| Income | £0.0129 | 16 Oct 2025 | 17 Oct 2025 | 29 Oct 2025 |
| Income | £0.0131 | 18 Sep 2025 | 19 Sep 2025 | 01 Oct 2025 |
| Income | £0.0156 | 21 Aug 2025 | 22 Aug 2025 | 03 Sep 2025 |
| Income | £0.0159 | 17 Jul 2025 | 18 Jul 2025 | 30 Jul 2025 |
| Income | £0.0126 | 19 Jun 2025 | 20 Jun 2025 | 02 Jul 2025 |
| Income | £0.0170 | 22 May 2025 | 23 May 2025 | 04 Jun 2025 |
| Income | £0.0052 | 17 Apr 2025 | 22 Apr 2025 | 02 May 2025 |
Purchase information
Currencies and stock exchanges
Listed currencies: GBP
Base currency: GBP
Exchanges: London Stock Exchange
Fund codes
- Ticker iNav Bloomberg: IVGGPGBP
- Bloomberg: VGGP LN
- Citi: BTHW3
- ISIN: IE000A2E14U6
- Reuters: VGGP.L
- SEDOL: BTCH8W9
- Exchange ticker: VGGP