Vanguard USD Corporate 1-3 year Bond UCITS ETF
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General Objective
The fund employs a passive management approach and seeks to track the performance of the Bloomberg Global Aggregate Corporate – United States Dollar Index 1-3 Year by investing in a representative sample of bonds included in the Index.
Fund Exposure
The fund is exposed to US dollar denominated bonds paying a fixed rate of interest issued by companies, with maturities between one and three years and generally investment grade. It may also invest in bonds outside the Index that closely resemble the risk and return characteristics of the Index constituents.
Risks
Key risks associated with this fund include interest rate fluctuations, inflation, credit spreads, volatility, currency exchange rate movements, credit risk, liquidity risk, counterparty risk, index tracking risk, index sampling risk, and bond risk.