Consistency is key
Managed by our global Fixed Income Group, our active fixed income funds are founded on a commitment to deliver value to investors by focusing on consistent, long-term alpha generation and reducing downside risk.
We believe a long-term approach, based on bottom-up security selection, to deliver consistent returns can help investors and our clients meet their objectives. We began managing active bond portfolios 35 years ago – today, we are one of the largest active fixed income managers in the world, with more than USD 1.6 trillion (1) in active fixed income assets globally.
1 Source: Vanguard. Data as at 30 September 2023.
We’re built for success
Investment talent
Our deep specialisation and collaborative culture are the foundation of our investment process.
True-to-label
We seek outperformance while staying true to the character and objective of each fund.
Low costs
Our scale and client-owned structure in the US (2) allow us to offer lower fees so that clients keep more of their returns.
Diversified alpha
Our teams seek to outperform by constructing diversified portfolios of high-information ratio strategies rather than relying on concentrated risk positions.
Smart risk-taking
Risk optimisation is an integral part of our investment process, and lower fees enable us to deliver competitive net alpha without taking undue risk.
The Vanguard Group Inc. (VGI) is owned by Vanguard’s US-domiciled mutual funds and ETFs. While VGI’s ownership structure can’t be replicated outside of the US, we believe that this unique mutual structure aligns Vanguard’s interests with those of our investors globally.
Our active fixed income product range
Vanguard Global Credit Bond Fund
A core fixed income portfolio, designed for outperformance with a bottom-up approach to security selection.
Vanguard Emerging Markets Bond Fund
An emerging markets bond portfolio designed to outperform by identifying diversified sources of alpha while avoiding the potential for significant drawdown.
Investment risk information
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Some funds invest in emerging markets which can be more volatile than more established markets. As a result the value of your investment may rise or fall.
Investments in smaller companies may be more volatile than investments in well-established blue chip companies.
Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level of income may fluctuate. Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such may carry greater credit risk increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in interest rates are likely to affect the capital value of bonds.
The Vanguard Emerging Markets Bond Fund may use derivatives, including for investment purposes, in order to reduce risk or cost and/or generate extra income or growth. For all other funds they will be used to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce exposure to underlying assets and result in greater fluctuations of the Funds net asset value. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.
The Vanguard Global Credit Bond Fund may use derivatives, including for investment purposes, in order to reduce risk or cost and/or generate extra income or growth. For all other funds they will be used to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce exposure to underlying assets and result in greater fluctuations of the Funds net asset value. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.
Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investments.
For further information on risks please see the “Risk Factors” section of the prospectus.
Investment risk information
This is a marketing communication.
For professional investors only (as defined under the MiFID II Directive) investing for their own account (including management companies (fund of funds) and professional clients investing on behalf of their discretionary clients). Not to be distributed to the public.
For further information on the fund's investment policies and risks, please refer to the prospectus of the UCITS and to the KIID (for UK, Channel Islands, Isle of Man investors) and to the KID (for European investors) before making any final investment decisions. The KIID and KID for this fund are available in local languages, alongside the prospectus via Vanguard’s website.
The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult their professional advisers on the implications of making an investment in, holding or disposing of shares and/or units of, and the receipt of distribution from any investment.
Vanguard Investment Series plc has been authorised by the Central Bank of Ireland as a UCITS and has been registered for public distribution in certain EEA countries and the UK. Prospective investors are referred to the Funds' prospectus for further information. Prospective investors are also urged to consult their own professional advisers on the implications of making an investment in, and holding or disposing shares of the Funds and the receipt of distributions with respect to such shares under the law of the countries in which they are liable to taxation.
The Manager of Vanguard Investment Series plc is Vanguard Group (Ireland) Limited. Vanguard Asset Management, Limited is a distributor of Vanguard Investment Series plc.
The Manager of the Ireland domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in accordance with the UCITS Directive, as may be amended from time-to-time.
For investors in Ireland domiciled funds, a summary of investor rights is available in English, German, French, Spanish, Dutch and Italian.
For Dutch investors only: The fund(s) referred to herein are listed in the AFM register as defined in section 1:107 Dutch Financial Supervision Act (Wet op het financieel toezicht). For details of the Risk indicator for each fund listed, please see the fact sheet(s).
Issued in EEA by Vanguard Group (Ireland) Limited which is regulated in Ireland by the Central Bank of Ireland. Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority. Issued in EEA by Vanguard Group Europe Gmbh, which is regulated in Germany by BaFin
© 2024 Vanguard Group (Ireland) Limited. All rights reserved.
© 2024 Vanguard Asset Management, Limited. All rights reserved.
© 2024 Vanguard Group Europe Gmbh. All rights reserved.