VAN3932AU Vanguard Active Global Credit Bond

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manager_contact_details: Array
ticker: VAN3932AU
release_schedule: NO COMMENTARY
structure: Managed Fund
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Vanguard Active Global Credit Bond seeks to provide a moderate and sustainable level of current income through exposure to investment grade global credit fixed income bonds. The Fund will implement its investment strategy by investing into the AUD Hedged Class of the Vanguard Global Credit Bond Fund, domiciled in Ireland. The Fund will have exposure to investment grade global credit fixed income bonds predominantly made up of corporate and non-corporate obligations, with a credit rating of the equivalent of Baa3 and above by Moody’s or another rating agency or, if unrated, are determined to be of comparable credit quality. The Fund may also have exposure of up to 10% of its total assets in high yield bonds.