Vanguard USD Corporate Bond UCITS ETF EUR Hedged Accumulating

Vanguard USD Corporate Bond UCITS ETF EUR Hedged Accumulating is an exchange-traded fund designed to provide diversified exposure to investment-grade, US dollar-denominated corporate bonds from issuers in both developed and emerging markets. Its primary function is to closely track the Bloomberg Global Aggregate Corporate USD (EUR Hedged) Index, which covers a wide spectrum of fixed-rate corporate bonds across all maturities, focusing exclusively on those rated investment grade (BBB-/Baa3 and above). This ETF utilizes a physical sampling replication approach, meaning it selects a representative subset of securities from the index to achieve broad sector and regional coverage. A defining feature is its EUR currency hedging, mitigating the impact of US dollar fluctuations for euro-based investors. Interest income is accumulated within the fund, allowing for compound growth rather than periodic distribution. Managed by Vanguard and domiciled in Ireland, the ETF stands out for its competitive total expense ratio of 0.12% per annum and robust asset base, reflecting its appeal as a tool for accessing global credit markets while controlling currency risk and benefiting from broad diversification within the corporate bond sector.