Vanguard EUR Corporate Bond UCITS ETF EUR Accumulation (VECA)

The Fund seeks to track the performance of the Index. In seeking to achieve its investment objective, the Fund aims to provide a return (comprising both income and capital appreciation) which, before application of fees and expenses, is similar to the return of the Index. The Fund employs a “passive management” – or indexing – investment approach, through physical acquisition of securities, designed to track the performance of the Index. The Index is a widely recognised benchmark designed to reflect the total universe of publically-traded, fixed-coupon, Eurodenominated investment grade corporate bonds with maturities greater than one year and which have a minimum issue size of €300 million.