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    • Global Government Bond UCITS ETF

    Global Government Bond UCITS ETF - CHF Hedged Accumulating

    Available in other share classes
    Related Documents
    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, 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
    H38855CH
    Dividend schedule
    —
    Benchmark
    Bloomberg Global Treasury Developed Countries Float Adjusted Index Hedged in CHF
    Legal entity
    Vanguard Funds PLC
    Register countries
    France, Jersey, C.I., Spain, Netherlands, Ireland, United Kingdom, Switzerland, Italy, Portugal, Finland, Belgium, Liechtenstein, Austria, Luxembourg, Germany, Denmark, Norway, Isle of Man, Sweden and Guernsey, C.I.

    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

    As at 31 May 2026

    Beta
    —
    R²
    —
    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
    FundamentalsFundBenchmarkAs at
    Number of bonds 947 1,394 31 May 2026
    3.8% 3.8% 31 May 2026
    3.0% 2.8% 31 May 2026
    8.7 Years 8.7 Years 31 May 2026
    AA AA 31 May 2026
    6.7 Years 6.7 Years 31 May 2026
    Cash Investment -0.1% — 31 May 2026

    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 31 May 2026

    CountryRegionFundBenchmarkVariance +/-
    United States of AmericaNorth America 47.36% — —
    JapanPacific 9.76% — —
    FranceEurope 7.60% — —
    ItalyEurope 7.01% — —
    United KingdomEurope 5.94% — —
    GermanyEurope 5.89% — —
    SpainEurope 4.41% — —
    CanadaNorth America 2.15% — —
    AustraliaPacific 1.71% — —
    BelgiumEurope 1.66% — —
    NetherlandsEurope 1.22% — —
    AustriaEurope 1.18% — —
    PortugalEurope 0.71% — —
    FinlandEurope 0.49% — —
    IrelandEurope 0.46% — —

    Distribution by credit quality (% of funds)

    As at 30 Apr 2026

    Distribution by credit issuer (% of funds)

    As at 30 Apr 2026

    Distribution by credit maturity (% of funds)

    As at 30 Apr 2026

    Holdings details

    As at 31 May 2026

    Holding name% of market valueMarket valueFace amountCoupon/YieldMaturity date
    French Republic Government Bond OAT 0.70850% CHF 1,180,458.43 1,150,000 0.00% 25 Nov 2030
    Spain Government Bond 0.66659% CHF 1,110,624.26 940,000 3.10% 30 Jul 2031
    United States Treasury Note/Bond 0.57367% CHF 955,815.24 1,095,000 1.13% 15 Feb 2031
    Italy Buoni Poliennali Del Tesoro 0.54252% CHF 903,915.56 760,000 3.45% 15 Jul 2031
    United States Treasury Note/Bond 0.53305% CHF 888,141.09 873,000 4.63% 15 Feb 2035
    United States Treasury Note/Bond 0.52774% CHF 879,292.19 890,000 3.50% 15 Oct 2028
    United States Treasury Note/Bond 0.52005% CHF 866,468.75 932,000 2.88% 15 May 2032
    United States Treasury Note/Bond 0.51849% CHF 863,882.81 870,000 4.13% 15 Nov 2032
    United States Treasury Note/Bond 0.50928% CHF 848,530.94 859,000 4.25% 15 Aug 2035
    French Republic Government Bond OAT 0.49627% CHF 826,859.00 780,000 0.00% 25 Nov 2029

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

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

    Some short-term fixed income securities are classified as cash and are excluded, along with derivatives, from the weighted bond exposures. 

    Prices and distribution

    Prices

    NAV Price (CHF)
    CHF 4.91
    Change
    -CHF 0.01-0.11%
    At closure 17 Jun 2026
    Market value (CHF)
    CHF 4.93
    Change
    +CHF 0.000.03%
    At closure 17 Jun 2026
    NAV 52-week high
    CHF 5.06
    At closure 17 Jun 2026
    Market value 52-week high
    CHF 5.06
    At closure 17 Jun 2026
    NAV 52-week low
    CHF 4.84
    At closure 17 Jun 2026
    Market value 52-week low
    CHF 4.86
    At closure 17 Jun 2026
    NAV 52-week difference
    CHF 0.22
    Change
    +4.32%
    At closure 17 Jun 2026
    Market value 52-week difference
    CHF 0.21
    Change
    +4.07%
    At closure 17 Jun 2026
    Outstanding shares
    1,287,722
    At closure 31 May 2026
    Historical Prices

    -

    Inception date

    25 Mar 2025

    Listing date

    27 Mar 2025

    Date NAV (CHF) Market price (CHF)
    17 Jun 2026 CHF 4.9120 CHF 4.9256
    16 Jun 2026 CHF 4.9175 CHF 4.9241
    15 Jun 2026 CHF 4.9127 CHF 4.9161
    12 Jun 2026 CHF 4.9027 CHF 4.8999
    11 Jun 2026 CHF 4.8987 CHF 4.8844
    10 Jun 2026 CHF 4.8830 CHF 4.8945
    09 Jun 2026 CHF 4.8867 CHF 4.8844
    08 Jun 2026 CHF 4.8773 CHF 4.8869
    05 Jun 2026 CHF 4.8859 CHF 4.9000
    04 Jun 2026 CHF 4.8972 CHF 4.9023

    Distribution history

    Distribution frequency

    —

    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: CHF

    Base currency: CHF

    Exchanges: SIX Swiss Exchange

    Fund codes

    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®.