Vanguard USD Treasury Bond UCITS ETF

Vanguard USD Treasury Bond UCITS ETF is an exchange-traded fund designed to provide exposure to the performance of US Treasury bonds. The ETF seeks to closely replicate the Bloomberg Global Aggregate US Treasury Float Adjusted index, which reflects the entire universe of publicly traded, fixed-coupon, dollar-denominated US government debt while adjusting for the amount of securities actually available to investors. Notably, the fund holds a diversified portfolio comprising over 270 distinct US Treasury securities, using a physical sampling replication method to mirror index performance. Managed by Vanguard and domiciled in Ireland, it implements a distributing policy in which interest income from the underlying bonds is paid out to investors on a monthly basis. With a competitive total expense ratio of 0.05% per annum and a substantial asset base, the ETF offers a cost-efficient vehicle for gaining access to US government bonds. Its primary role in the financial markets is to serve as a low-cost, transparent, and liquid instrument for investors seeking USD-denominated sovereign debt exposure, facilitating asset allocation, risk management, and diversification within a broader fixed income portfolio.