Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating

Vanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating is an exchange-traded fund that tracks the Bloomberg Global Aggregate Float Adjusted and Scaled index, providing broad exposure to investment-grade bonds from issuers worldwide. Launched in June 2019 and domiciled in Ireland, it holds a diversified portfolio of over 11,700 bonds, including government treasuries, corporate debt from industrials and financials, securitized products like mortgage-backed securities, and supranational issuances. With significant allocations to the United States (around 46%), followed by European countries such as France, Germany, and the UK, it spans developed and emerging markets with maturities ranging from under one year to over 25 years, averaging 8.1 years. The ETF employs USD hedging to mitigate currency risk and follows an accumulating policy, reinvesting interest income. Notable for its low total expense ratio of 0.08% and substantial assets under management exceeding 537 million euros, it serves as a core fixed-income holding for investors seeking global bond market representation and stability through high credit quality (primarily AA-rated) and liquidity.