The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to achieve the performance of the Bloomberg EUR Non-Government Float Adjusted Bond Index (the “Index”).
The Index is a market-weighted index of euro denominated investment grade fixed-income securities with maturities greater than one year and a minimum issue size of EUR 300 million. The Index includes securities issued by corporate, securitised, and government-related/supranational issuers (including issuers such as the European Union), but excludes eurozone treasury and eurozone government related bonds. The euro zone is all countries in the European Union that have adopted the euro as their currency.
Through the screening out of bonds issued by corporate issuers from its portfolio based on the potentially detrimental impact of the issuer's conduct or products on society, the Fund promotes certain social characteristics relating to social norms and standards.
The Fund attempts to: 1. Match the risk factor exposures of the Index by investing in a representative sample of the securities that make up the Index, excluding any securities which do not meet the screening criteria. The screening process seeks to exclude Index constituents that are issued by corporate issuers (including issuers of covered bonds) that (as determined by the Index provider) are involved in: (a) the production of controversial weapons such as cluster munitions, land mines, biological weapons, chemical weapons and/or nuclear weapons; and/or (b) the manufacture of tobacco products. The screening process also seeks to exclude Index constituents that are issued by corporate issuers (including issuers of covered bonds) that have allegedly or actually been directly involved in very severe controversies and/or violations of international norms and principles that have a negative environmental, social and/or governance impact above a particular severity threshold (as determined by the Index provider using a pre-defined, rules-based methodology). 2. Remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
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.
Fund facts
Share class inception
Minimum initial investment
Investment structure
Share Class Assets'
Total Assets
Risk indicator
Strategy
Asset Class
Domicile
Dividend schedule
Currency
Index ticker
Benchmark
Register countries
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
-
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
—
—
—
—
—
—
Cash Investment
—
Market allocation
As at 28 Feb 2026
Country
Region
Fund
Benchmark
Variance +/-
Supranational
Other
21.64%
21.65%
-0.01%
France
Europe
14.17%
14.56%
-0.39%
United States of America
North America
12.43%
11.90%
0.53%
Germany
Europe
10.30%
10.35%
-0.05%
United Kingdom
Europe
4.58%
4.89%
-0.31%
Netherlands
Europe
3.85%
4.07%
-0.22%
Spain
Europe
3.83%
3.89%
-0.06%
Italy
Europe
3.75%
3.70%
0.05%
Canada
North America
2.95%
2.90%
0.05%
Sweden
Europe
2.00%
2.14%
-0.14%
Australia
Pacific
1.73%
1.64%
0.09%
Norway
Europe
1.70%
1.56%
0.14%
Denmark
Europe
1.64%
1.50%
0.14%
Austria
Europe
1.61%
1.64%
-0.03%
Belgium
Europe
1.58%
1.40%
0.18%
Distribution by credit quality (% of funds)
As at 28 Feb 2026
Credit Rating
Fund
Benchmark
Variance +/-
AAA
35.25%
35.51%
-0.26%
AA
6.70%
6.44%
0.25%
A
27.56%
28.05%
-0.49%
BBB
29.80%
29.99%
-0.19%
Not Rated
0.70%
0.01%
0.68%
Total
100.00%
100.00%
Distribution by credit issuer (% of funds)
As at 28 Feb 2026
Issuers
Fund
Benchmark
Variance +/-
Corporate-Industrials
25.70%
26.14%
-0.43%
Corporate-Financial Institutions
22.75%
23.02%
-0.27%
Gov-Related-Supranational
21.64%
21.64%
0.00%
Securitized-Asset Backed Security
17.00%
17.03%
-0.03%
Corporate-Utilities
4.67%
4.61%
0.06%
Gov-Related-Sovereign
4.15%
3.96%
0.19%
Gov-Related-Agencies
1.99%
2.16%
-0.16%
Gov-Related-Local Authority
1.39%
1.43%
-0.03%
Cash
0.70%
—
—
Total
100.00%
100.00%
Distribution by credit maturity (% of funds)
As at 28 Feb 2026
Maturity
Fund
Benchmark
Variance +/-
Under 1 Year
0.72%
0.02%
0.69%
1 - 5 Years
47.79%
49.28%
-1.48%
5 - 10 Years
35.61%
34.49%
1.12%
10 - 15 Years
7.31%
7.77%
-0.46%
15 - 20 Years
3.50%
3.28%
0.22%
20 - 25 Years
1.56%
1.86%
-0.30%
Over 25 Years
3.51%
3.31%
0.20%
Total
100.00%
100.01%
Holdings details
As at 28 Feb 2026
Holding name
% of market value
Market value
Face amount
Coupon/Yield
Maturity date
European Union
0.65956%
€2,989,588.25
2,993,000
2.50%
04 Dec 2031
European Union
0.52391%
€2,374,740.92
2,350,000
2.63%
04 Jul 2028
European Union
0.45990%
€2,084,610.53
2,019,400
3.13%
04 Dec 2030
European Union
0.45647%
€2,069,048.92
2,000,000
3.38%
12 Dec 2035
European Union
0.45295%
€2,053,121.25
1,987,787
3.25%
04 Jul 2034
European Union
0.44183%
€2,002,710.34
1,978,129
3.00%
04 Dec 2034
European Union
0.42196%
€1,912,642.88
1,905,147
3.38%
04 Oct 2039
European Union
0.37529%
€1,701,112.33
1,679,000
2.88%
06 Dec 2027
European Union
0.33969%
€1,539,702.99
1,461,218
4.00%
04 Apr 2044
European Union
0.33081%
€1,499,481.25
1,633,965
3.25%
04 Feb 2050
Prices and distribution
Prices
NAV Price (EUR)
€100.49
Change
+€0.150.15%
At closure 31 Mar 2026
NAV 52-week high
€102.89
At closure 01 Apr 2026
NAV 52-week low
€98.83
At closure 01 Apr 2026
NAV 52-week difference
€4.06
Change
+3.95%
At closure 01 Apr 2026
Historical Prices
-
Inception date
14 Dec 2017
Date
NAV (EUR)
31 Mar 2026
€100.4921
30 Mar 2026
€100.3448
27 Mar 2026
€100.0541
26 Mar 2026
€100.3471
25 Mar 2026
€100.8402
24 Mar 2026
€100.4735
23 Mar 2026
€100.5780
20 Mar 2026
€100.4734
19 Mar 2026
€100.8692
18 Mar 2026
€101.1287
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency: EUR
Fund codes
Bloomberg: VANSIPE
Citi: OC0K
ISIN: IE00BYSX5L43
MEX ID: VINFAA
SEDOL: BYSX5L4
Product Detail Meta data: Author mode
Port Id:9899
Product Type: mf
Author Environment: true
The sum of investment management fees (the fees paid to the portfolio manager to invest your money and manage the fund) and administrative and other expenses (which cover all costs and expenses connected with the operation of the fund, which includes administrative fees, shareholder's registration and transfer agency fees, custody fees and all other operating expenses).
YTM (Yield to Maturity) effective is the rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.
Medium coupon is the average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.
Average maturity is the average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date.
Average quality is an indicator of credit risk. This figure is the average of the ratings assigned to a fund’s fixed income holdings by credit-rating agencies. Quality is a graded scale with Aaa or AAA indicating the most creditworthy bond issuers.
Average duration is an estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates.