Vanguard USD Corporate Bond Index Fund EUR Hedged Accumulation

The Vanguard USD Corporate Bond Index Fund EUR Hedged Accumulation is an investment fund designed to provide investors with broad exposure to investment-grade corporate bonds issued in U.S. dollars. This fund is passively managed, aiming to track the performance of a benchmark index composed of USD-denominated investment-grade corporate bonds. A key feature of this fund is its EUR hedging strategy, which mitigates currency risk by protecting against fluctuations between the U.S. dollar and the euro. This makes it particularly attractive for European investors who wish to maintain currency stability while gaining exposure to U.S. corporate debt markets. The fund focuses on fixed-income securities from diverse sectors, including healthcare, technology, financials, and energy, thereby offering varying degrees of credit and interest rate risk across major industries. Its accumulation share class reinvests income generated from the bonds back into the fund, thereby increasing the net asset value over time. This characteristic makes it suitable for long-term investors looking to grow their capital rather than receive periodic income distributions. By investing in this fund, investors can achieve diversification in their fixed-income portfolio while benefiting from Vanguard's expertise and efficient fund management practices.