# Vanguard Global Aggregate Bond UCITS ETF (0ACD) **Page:** https://fundology.uk/fund/0acd · ISIN IE00BG47KH54 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, 0ACD (Vanguard Global Aggregate Bond UCITS ETF, ISIN IE00BG47KH54) closed at €23.24 on the London Stock Exchange. Its ongoing charge is 0.08% a year (about £8 on £10,000). Over the five years to 13/11/2026 its total return was −11.6%, or −31.0% after UK CPIH inflation. ## Summary Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR is an exchange-traded fund (ETF) from Vanguard, launched in 2019. It tracks the Bloomberg Global Aggregate Float-Adjusted and Scaled. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.08% a year — about £8 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged to euros, not to the pound: it aims to remove most of the effect of exchange-rate moves against euros, so a holder who counts in pounds still has currency risk. Latest close: **€23.24** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0ACD | | ISIN | IE00BG47KH54 | | Also listed as | VAGF (Xetra, euros) | | Category | Corporate & other bonds | | Type | ETF | | Provider | Vanguard | | Tracks | Bloomberg Global Aggregate Float-Adjusted and Scaled | | Income | Accumulating | | Ongoing charge | 0.08% a year (£8 per £10,000) | | Fund size | £2.0bn | | Launched | 2019 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/06/2019 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -7.05% | -10.34% | income reinvested | | 3 years | +3.10% | -6.85% | income reinvested | | 5 years | -11.55% | -30.96% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR in pounds (price, with income reinvested in the fund): 2024 −3.7%, 2025 +8.2%; 2026 to 13/11/2026 −6.2%. Returns of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −5.4%; to 30/09/2025: +5.6%; to 30/09/2024: +4.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | -3.7% | -7.0% | Price | | 2025 | +8.2% | +4.4% | Price | | 2026 to 13/11/2026 | -6.2% | -9.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.81% | -8.21% | | 3 years | 5.28% | -8.21% | ## Largest fall Volatility of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR in pounds, annualised from weekly returns to 13/11/2026: 4.8% over 1 year, 5.3% over 3 years. Largest fall in the price of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR since May 2023, in pounds: −8.2% from 27/02/2026 to 13/11/2026. The lowest 12-month return of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR in pounds (price, with income reinvested in the fund) since May 2023 was −7.8% (12 months to 13/11/2026); the highest was +9.4% (12 months to 27/02/2026). On 13/11/2026 the price of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR was 8.2% below its highest weekly close since May 2023 (27/02/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR 0.08% a year. Compared on 14/11/2026, 420 of the 427 other corporate and other bond funds charge more, 3 the same and 4 less (share classes counted once). ## Funds tracking the same index 4 funds track Bloomberg Global Aggregate Float-Adjusted and Scaled, this one included and share classes counted once; their ongoing charges range from 0.08% to 0.08% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Vanguard Funds PLC - Vanguard Global Aggregate Bond UCITS ETF AccumHedged GBP | 0.08% | +1.3% | +22.0% | +9.2% | | Vanguard Funds PLC - Vanguard Global Aggregate Bond UCITS ETF Hedged GBP | 0.08% | -1.1% | +4.9% | -12.6% | | Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR (this fund) | 0.08% | -7.0% | +3.1% | -11.6% | | Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged USD | 0.08% | -0.6% | +5.2% | +1.3% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.08%** per year (as of 07/07/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 31/10/2026, 0ACD holds 13,931 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.31% of the fund; the ten largest make up 3.5%. ### Top holdings Largest positions (as of 31/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Cash and cash equivalents | — | 1.31% | | 2 | United Kingdom Gilt 4.50% 07/06/2028 | — | 0.33% | | 3 | French Republic Government Bond OAT 2.75% 25/02/2030 | — | 0.27% | | 4 | United States Treasury Note/Bond 3.375% 29/02/2028 | — | 0.27% | | 5 | United States Treasury Note/Bond 3.875% 30/06/2030 | — | 0.24% | | 6 | Bundesrepublik Deutschland Bundesanleihe 2.40% 15/11/2030 | — | 0.23% | | 7 | French Republic Government Bond OAT 2.70% 25/02/2031 | — | 0.22% | | 8 | United Kingdom Gilt 4.375% 07/03/2028 | — | 0.22% | | 9 | United States Treasury Note/Bond 4.375% 15/05/2034 | — | 0.22% | | 10 | Italy Buoni Poliennali Del Tesoro 2.20% 28/02/2028 | — | 0.21% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By country Added up from the fund’s published holdings, as of 31/10/2026. | Country | Weight | |---|---| | United States | 45.8% | | Japan | 5.8% | | France | 5.5% | | Germany | 4.8% | | United Kingdom | 4.4% | | Canada | 4.0% | | Italy | 3.6% | | SNAT | 2.9% | | Other countries | 20.9% | | Not classified | 1.3% | ### By type of asset Added up from the fund’s published holdings, as of 31/10/2026. | Type of asset | Weight | |---|---| | Bonds | 97.9% | | Cash and money market | 1.3% | The 3,634 holdings on record (of 13,931 reported): https://fundology.uk/fund/0acd/holdings ## Questions people ask **What is the ongoing charge of 0ACD?** The ongoing charge of 0ACD is 0.08% a year — about £8 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Vanguard Global Aggregate Bond UCITS ETF Accum Shs Hedged EUR 0.08% a year. Compared on 14/11/2026, 420 of the 427 other corporate and other bond funds charge more, 3 the same and 4 less (share classes counted once). **What does 0ACD track?** 0ACD tracks the Bloomberg Global Aggregate Float-Adjusted and Scaled. **Is 0ACD accumulating or distributing?** 0ACD is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of 0ACD?** The ISIN of 0ACD is IE00BG47KH54. An ISIN identifies one exact share class of a fund; 0ACD is its ticker on the London Stock Exchange. The same share class is also listed as VAGF (Xetra, euros). **What does 0ACD hold?** As of 31/10/2026, 0ACD holds 13,931 positions, according to its published holdings. The largest is Cash and cash equivalents at 1.31% of the fund; the ten largest make up 3.5%. Its ten largest holdings are Cash and cash equivalents (1.31%), United Kingdom Gilt 4.50% 07/06/2028 (0.33%), French Republic Government Bond OAT 2.75% 25/02/2030 (0.27%), United States Treasury Note/Bond 3.375% 29/02/2028 (0.27%), United States Treasury Note/Bond 3.875% 30/06/2030 (0.24%), Bundesrepublik Deutschland Bundesanleihe 2.40% 15/11/2030 (0.23%), French Republic Government Bond OAT 2.70% 25/02/2031 (0.22%), United Kingdom Gilt 4.375% 07/03/2028 (0.22%), United States Treasury Note/Bond 4.375% 15/05/2034 (0.22%) and Italy Buoni Poliennali Del Tesoro 2.20% 28/02/2028 (0.21%). **What were 0ACD’s returns in each of the last five years?** Calendar-year returns of 0ACD in pounds (price, with income reinvested in the fund): 2024 −3.7%, 2025 +8.2%; 2026 to 13/11/2026 −6.2%. Past performance is not a guide to future returns. **How has 0ACD done after inflation?** Over the five years to 13/11/2026 0ACD’s total return was −11.6%, or −31.0% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/etf/bond/9443/global-aggregate-bond-ucits-etf-eur-hedged-accumulating) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie00bg47kh54-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/Global_Aggregate_Bond_UCITS_ETF_EUR_Hedged_Accumulating_9443_EU_INT_UK_EN.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.