asset_category: Global Fixed Interest
peer_benchmark: (ETF) Fixed Interest - Global Fixed Interest Index
broad_market_index: Global Aggregate Hdg Index
manager_contact_details: Array
ticker: VCF
release_schedule: NO COMMENTARY
commentary_block:
factsheet_url:
fund_features:
Vanguard International Credit Securities Index ETF seeks to track the return of the Bloomberg Barclays Global Aggregate Corporate and Government-Related Scaled Index hedged into Australian dollars before taking into account fees, expenses and tax. The Fund aims to hold an appropriate number of securities so as to produce a portfolio risk exposure profile consistent with that of the index. This is generally achieved by holding a representative sample of the securities included in the index.
- Security weightings in the Fund may vary from the index weightings.
- The Fund may exclude certain securities that are included in the index or may invest in securities that have been or are expected to be included in the index.
- The Fund may utilise futures traded on a licensed exchange to manage the overall interest rate risk exposure of the portfolio.
- Vanguard will seek to hedge the Fund’s currency exposure back to the Australian dollar in line with the Index, using forward foreign exchange contracts.
- Vanguard may employ collateralisation of the contracts as part of its currency hedging program.
structure: ETF