Global Corporate Bond Index Fund
Global Corporate Bond Index Fund - GBP Hedged Dist (VAIHDHG)
Related Documents
About this fund
Fund objectives
- The Fund employs a passive management – or indexing – investment approach and seeks to track the performance of the Bloomberg Global Aggregate Float Adjusted Corporate Index (the “Index”).
- The Index includes global corporate bonds with maturities greater than one year. The Index is a multi-currency index that includes bonds from developed and emerging markets issuers within the industrial, utility and financial sectors.
- The Fund attempts to: 1. Track the performance of the Index by investing in a portfolio of securities that, insofar as possible and practicable, consists of a representative sample of the component securities of the Index. 2. Remain fully invested except in extraordinary market, political or similar conditions.
Fund facts
Share class inception
21 Jan 2021
Minimum initial investment
£1,000,000.00
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Bond
Domicile
Ireland
Dividend schedule
Quarterly
Currency
GBP
Index ticker
H21122GB
Benchmark
Bloomberg Global Aggregate Float Adjusted Corporate Index in GBP
Register countries
Jersey, C.I., Netherlands, Portugal, France, Austria, Finland, Isle of Man, Norway, Luxembourg, Denmark, Ireland, Italy, Liechtenstein, Spain, Sweden, Switzerland, Guernsey, C.I., United Kingdom and Germany
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 Aug 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
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of bonds | 11,150 | 18,379 | 31 Aug 2026 |
| 5.1% | 5.1% | 31 Aug 2026 | |
| 4.3% | 4.2% | 31 Aug 2026 | |
| 8.3 Years | 8.4 Years | 31 Aug 2026 | |
| A- | A- | 31 Aug 2026 | |
| 5.6 Years | 5.6 Years | 31 Aug 2026 | |
| Cash Investment | 1.1% | — | 31 Aug 2026 |
Market allocation
As at 31 Aug 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 58.08% | 58.13% | -0.05% |
| United Kingdom | Europe | 6.62% | 6.84% | -0.22% |
| France | Europe | 6.04% | 6.05% | -0.01% |
| Canada | North America | 4.59% | 4.89% | -0.30% |
| Germany | Europe | 4.25% | 4.37% | -0.12% |
| Japan | Pacific | 2.56% | 2.76% | -0.20% |
| Australia | Pacific | 2.18% | 2.22% | -0.04% |
| Spain | Europe | 1.92% | 1.97% | -0.05% |
| Italy | Europe | 1.80% | 1.80% | 0.00% |
| Netherlands | Europe | 1.61% | 1.73% | -0.12% |
| Switzerland | Europe | 1.24% | 1.13% | 0.11% |
| Other | Other | 1.14% | — | — |
| Belgium | Europe | 0.96% | 0.82% | 0.14% |
| Sweden | Europe | 0.88% | 0.79% | 0.09% |
| Ireland | Europe | 0.60% | 0.55% | 0.05% |
Distribution by credit quality (% of funds)
As at 31 Aug 2026
| Credit Rating | Fund |
|---|---|
| AAA | 0.44% |
| AA | 9.86% |
| A | 43.56% |
| Less than BBB | 0.01% |
| BBB | 44.68% |
| Not Rated | 1.44% |
Distribution by credit issuer (% of funds)
As at 31 Aug 2026
| Issuers | Fund |
|---|---|
| Treasury/Federal | 0.20% |
| Gov-Related-Provincials/Municipals | 0.21% |
| Gov-Related-Agencies | 0.01% |
| Corporate-Industrials | 51.08% |
| Corporate-Utilities | 9.75% |
| Corporate-Financial Institutions | 37.89% |
| Securitized-Asset Backed Security | 0.02% |
| Cash | 1.14% |
| Other | -0.28% |
Distribution by credit maturity (% of funds)
As at 31 Aug 2026
| Maturity | Fund |
|---|---|
| Under 1 Year | 0.86% |
| 1 - 5 Years | 42.53% |
| 5 - 10 Years | 31.33% |
| 10 - 15 Years | 6.65% |
| 15 - 20 Years | 4.94% |
| 20 - 25 Years | 5.12% |
| Over 25 Years | 8.57% |
Holdings details
As at 31 Aug 2026
| Holding name | % of market value | Market value | Face amount | Coupon/Yield | Maturity date |
|---|---|---|---|---|---|
| UBS Group AG | 0.10093% | £4,615,371.56 | 4,635,000 | 4.28% | 09 Jan 2028 |
| State Street Corp | 0.09885% | £4,520,325.58 | 4,525,000 | 4.53% | 20 Feb 2029 |
| Ares Capital Corp | 0.09451% | £4,321,917.68 | 4,500,000 | 2.88% | 15 Jun 2028 |
| Canadian Imperial Bank of Commerce | 0.09255% | £4,232,450.39 | 4,250,000 | 4.24% | 08 Sep 2028 |
| Sopaipilla Investor LLC | 0.09119% | £4,170,276.84 | 4,075,000 | 7.53% | 30 Nov 2048 |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 0.08920% | £4,079,291.72 | 4,664,000 | 4.90% | 01 Feb 2046 |
| Amrize Finance US LLC | 0.08362% | £3,824,173.54 | 3,865,000 | 5.40% | 07 Apr 2035 |
| Talanx AG | 0.07978% | £3,648,190.13 | 3,100,000 | 4.00% | 25 Oct 2029 |
| JPMorgan Chase & Co | 0.07898% | £3,611,624.98 | 3,600,000 | 5.14% | 24 Jan 2031 |
| JPMorgan Chase & Co | 0.07535% | £3,445,745.94 | 3,450,000 | 4.51% | 22 Oct 2028 |
Prices and distribution
Prices
NAV Price (GBP)
£81.03
GBPChange
-£0.00-0.00% At closure 07 Oct 2026
NAV 52-week high
£86.54
At closure 08 Oct 2026
NAV 52-week low
£80.81
At closure 08 Oct 2026
NAV 52-week difference
£5.73
Change
+6.62% At closure 08 Oct 2026
Historical Prices
-
Inception date
21 Jan 2021
| Date | NAV (GBP) |
|---|---|
| 07 Oct 2026 | £81.0274 |
| 06 Oct 2026 | £81.0286 |
| 05 Oct 2026 | £80.8130 |
| 02 Oct 2026 | £80.8658 |
| 01 Oct 2026 | £80.9533 |
| 30 Sep 2026 | £80.8375 |
| 29 Sep 2026 | £81.7529 |
| 28 Sep 2026 | £81.7573 |
| 25 Sep 2026 | £82.0852 |
| 24 Sep 2026 | £82.0575 |
Distribution history
Distribution frequency
Quarterly
Historical performance 30 Sep 2026
4.50%
| Type | Distribution amount (per unit) | Ex-dividend date | Registration date | Payable date |
|---|---|---|---|---|
| Income | £0.9260 | 30 Sep 2026 | 29 Sep 2026 | 14 Oct 2026 |
| Income | £0.9163 | 30 Jun 2026 | 29 Jun 2026 | 14 Jul 2026 |
| Income | £0.9073 | 31 Mar 2026 | 30 Mar 2026 | 16 Apr 2026 |
| Income | £0.8873 | 31 Dec 2025 | 30 Dec 2025 | 15 Jan 2026 |
| Income | £0.8875 | 30 Sep 2025 | 29 Sep 2025 | 14 Oct 2025 |
| Income | £0.8757 | 30 Jun 2025 | 27 Jun 2025 | 14 Jul 2025 |
| Income | £0.8468 | 31 Mar 2025 | 28 Mar 2025 | 14 Apr 2025 |
| Income | £0.9310 | 31 Dec 2024 | 30 Dec 2024 | 15 Jan 2025 |
| Income | £0.8064 | 30 Sep 2024 | 27 Sep 2024 | 14 Oct 2024 |
| Income | £0.8630 | 28 Jun 2024 | 27 Jun 2024 | 12 Jul 2024 |
Purchase information
Currency
Base currency:GBP
Fund codes
- Bloomberg:VAIHDHG
- Citi:VLWO
- ISIN:IE00BDFB5K33
- MEX ID:VIAAJX
- SEDOL:BDFB5K3