(VGGU) Vanguard Global Government Bond UCITS ETF - USD Hedged Accumulating
About this fund
Fund objectives
- 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 Treasury Developed Countries Float Adjusted Index (the “Index”).
- The Fund will invest in a portfolio of local currency government bonds (including callable bonds) from developed countries (as determined by the index provider) that insofar as possible and practicable consists of a representative sample of the component securities of the Index.
- The index is designed to reflect the universe of float adjusted fixed-rate, investment-grade, local currency government debt of developed (as determined by the index provider) countries. The bonds must have a maturity of at least one year.
- To a lesser extent the Fund may invest in similar types of bonds outside the Index, but whose risk and return characteristics closely resemble the risk and return characteristics of constituents of the Index or of the Index as a whole.
- The Fund invests in securities which are denominated in currencies other than the base currency. Movements in currency exchange rates can affect the return of investments. Currency hedging techniques are used to minimise the risks associated with movements in currency exchange rates, where the Fund invests in securities denominated in currencies other than the listing currency, but these risks cannot be eliminated entirely. As this document relates to a share class where such techniques are used, the performance (see "Performance") of this share class is shown against the currency hedged version of the Index.
- The Fund attempts to remain fully invested except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.
- While the Fund is expected to track the Index as closely as possible, it typically will not match the performance of the targeted Index exactly, due to various factors such as expenses to be paid by the Fund and regulatory constraints. Details of these factors and the anticipated tracking error of the Fund are set out in the Prospectus.
Fund facts
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 Aug 31 2026
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 | 982 | 1,400 | Aug 31 2026 |
| Average Duration | 6.5 Years | 6.5 Years | Aug 31 2026 |
| Average maturity | 8.5 Years | 8.5 Years | Aug 31 2026 |
| Cash Investment | 0.5% | — | Aug 31 2026 |
Market allocation
As at Aug 31 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 46.87% | 47.28% | -0.41% |
| Japan | Pacific | 9.85% | 9.81% | 0.04% |
| France | Europe | 7.62% | 7.58% | 0.04% |
| Italy | Europe | 6.88% | 6.69% | 0.19% |
| Germany | Europe | 6.09% | 5.96% | 0.13% |
| United Kingdom | Europe | 6.09% | 6.16% | -0.07% |
| Spain | Europe | 4.22% | 4.34% | -0.12% |
| Canada | North America | 2.16% | 2.18% | -0.02% |
| Australia | Pacific | 1.77% | 1.78% | -0.01% |
| Belgium | Europe | 1.56% | 1.54% | 0.02% |
| Netherlands | Europe | 1.29% | 1.24% | 0.05% |
| Austria | Europe | 1.04% | 1.07% | -0.03% |
| Portugal | Europe | 0.61% | 0.60% | 0.01% |
| Finland | Europe | 0.56% | 0.57% | -0.01% |
| Other | Other | 0.53% | — | — |
As at Aug 31 2026
| Credit Rating | |
|---|---|
| AAA | 13.07% |
| AA | 55.34% |
| A | 24.24% |
| BBB | 7.13% |
| Not Rated | 0.22% |
Distribution by credit issuer
As at Aug 31 2026
| Treasury/Federal | 99.78% |
|---|---|
| Cash | 0.53% |
| Other | -0.31% |
Distribution by credit maturity
As at Aug 31 2026
| Under 1 Year | 0.22% |
|---|---|
| 1 - 5 Years | 48.35% |
| 5 - 10 Years | 26.08% |
| 10 - 15 Years | 6.51% |
| 15 - 20 Years | 7.23% |
| 20 - 25 Years | 3.89% |
| Over 25 Years | 7.73% |
Holdings details
As at Aug 31 2026
Top 10 holdings
As at
The 10 main holdings represent of the market value
Prices and distribution
Prices
Historical Prices
-
Inception date
Mar 25 2025
Listing date
Mar 27 2025
| Date | NAV (USD) | Market price (USD) |
|---|---|---|
| Oct 13 2026 | $5.0615 | $5.0620 |
| Oct 12 2026 | $5.0543 | $5.0570 |
| Oct 09 2026 | $5.0524 | $5.0525 |
| Oct 08 2026 | $5.0468 | $5.0410 |
| Oct 07 2026 | $5.0411 | $5.0385 |
| Oct 06 2026 | $5.0471 | $5.0510 |
| Oct 05 2026 | $5.0365 | $5.0410 |
| Oct 02 2026 | $5.0420 | $5.0470 |
| Oct 01 2026 | $5.0367 | $5.0395 |
| Sep 30 2026 | $5.0361 | $5.0350 |
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currencies and stock exchanges
Listed currencies: USD
Base currency:USD
Exchanges: London Stock Exchange, Bolsa Mexicana De Valores
Fund codes
Please see the fund’s fact sheet and prospectus for important information about risk’s specific to the fund. All investing is subject to risk, which may result in loss of principal. Investments in bond funds are subject to the risk that an issuer will fail to make payments on time, and that bond prices will decline because of rising interest rates or negative perceptions of an issuer's ability to make payments. High-yield bonds generally have medium-and lower-range credit-quality ratings and are therefore subject to a higher level of credit risk than bonds with higher credit-quality ratings. Bonds of companies based in emerging markets are subject to national and regional political and economic risks and to the risk of currency fluctuations. These risks are especially high in emerging markets.