Vanguard Global Short-Term Corporate Bond Index Fund Institutional Plus GBP Hedged Acc

The fund aims to track the performance of the Bloomberg Global Aggregate Corporate 1-5 Year Float Adjusted Index by investing in global corporate bonds with maturities of between 1 and 5 years.

The fund is exposed to global corporate bonds from developed and emerging markets issuers within the industrial, utility, and financial sectors. It includes bonds with maturities of 1-5 years and seeks to remain fully invested except in extraordinary market conditions.

Key risks associated with this fund include interest rate risk, credit risk, liquidity risk, counterparty risk, index tracking risk, index sampling risk, and inflation risk. Currency hedging may not completely eliminate currency risk, and the fund may not track the index with perfect accuracy.

https://www.vanguard.co.uk/professional/product/fund/bond/9435/global-short-term-corporate-bond-index-fund-usd-hedged-acc