Vanguard ETF lists one new exchange traded fund from Vanguard on London Stock Exchange
By ETFWorld.co.uk
Vanguard USD Corporate 1-3 Year Bond UCITS ETF – GBP Hedged Distributing
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 Aggregate Corporate – United States Dollar Index 1-3 Year.
The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index’s capital and income return.
The Index measures the performance of a broad spread of US dollar denominated bonds paying a fixed rate of interest which are issued by companies.
Bonds in the Index have maturities of between one and three years and are generally investment grade.
To a lesser extent, the Fund may invest in bonds outside the Index where the risk and return characteristics of such bonds closely resemble those of the constituents of the Index.
The Fund may use derivatives in order to reduce risk or cost and/or generate extra income or growth. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.
The base currency of the Fund is USD.
The Fund attempts to remain fully invested and hold small amounts of cash except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
| Product Name | Vanguard USD Corporate 1-3 Year Bond UCITS ETF – GBP Hedged Distributing |
| ISIN | IE00BGYWSZ44 |
| SEDOL | BPYTLR1 |
| Issuer | Vanguard |
| Currency | GBP |
| Underlying | Bloomberg Global Aggregate Corporate – United States Dollar Index 1-3 Year Hedged in GBP |
| Management Fee | 0.14% |
Source: ETFWorld.co.uk
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