# Vanguard Global Government Bond Index Fund GBP Hedged Acc **Page:** https://fundology.uk/fund/IE000SS2Y1K0 · ISIN IE000SS2Y1K0 ## 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, Vanguard Global Government Bond Index Fund GBP Hedged Acc (ISIN IE000SS2Y1K0) was priced at £99.10, the fund’s published price. Its ongoing charge is 0.14% a year (about £14 on £10,000). ## Summary Vanguard Global Government Bond Index Fund GBP Hedged Acc is an open-ended fund (OEIC) from Vanguard. It is bought and sold once a day at its net asset value, through a platform or directly from the manager. Its ongoing charge is 0.14% a year — about £14 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: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£99.10** (13/11/2026). ## Key facts | Fact | Value | |---|---| | ISIN | IE000SS2Y1K0 | | Category | Government bonds | | Type | OEIC | | Provider | Vanguard | | Income | Accumulating | | Ongoing charge | 0.14% a year (£14 per £10,000) | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 16/09/2025 | ## Charges compared with similar funds Ongoing charge of Vanguard Global Government Bond Index Fund GBP Hedged Acc 0.14% a year. Compared on 14/11/2026, 146 of the 311 other government bond funds charge more, 4 the same and 161 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.14%** per year (as of 14/11/2026) - 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 30/09/2026, Vanguard Global Government Bond Index Fund GBP Hedged Acc holds 1,028 positions, according to its published holdings. The largest is Bundesschatzanweisungen 2.10% 15/03/2028 at 0.94% of the fund; the ten largest make up 6.7%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Bundesschatzanweisungen 2.10% 15/03/2028 | — | 0.94% | | 2 | French Republic Government Bond OAT 2.75% 25/02/2029 | — | 0.94% | | 3 | Bundesobligation 2.40% 18/04/2030 | — | 0.89% | | 4 | French Republic Government Bond OAT 2.70% 25/02/2031 | — | 0.75% | | 5 | Spain Government Bond 0.80% 30/07/2029 | — | 0.66% | | 6 | French Republic Government Bond OAT 3.00% 25/05/2033 | — | 0.63% | | 7 | Italy Buoni Poliennali Del Tesoro 4.10% 01/02/2029 | — | 0.54% | | 8 | Italy Buoni Poliennali Del Tesoro 4.00% 15/11/2030 | — | 0.47% | | 9 | United States Treasury Note/Bond 3.50% 31/01/2028 | — | 0.46% | | 10 | Italy Buoni Poliennali Del Tesoro 3.25% 15/07/2032 | — | 0.45% | ## 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 30/09/2026. | Country | Weight | |---|---| | United States | 47.0% | | Japan | 10.1% | | France | 7.2% | | Italy | 6.5% | | United Kingdom | 6.1% | | Germany | 5.9% | | Spain | 4.3% | | Canada | 2.1% | | Other countries | 9.5% | | Not classified | 0.3% | ### By type of asset Added up from the fund’s published holdings, as of 30/09/2026. | Type of asset | Weight | |---|---| | Bonds | 98.8% | | Cash and money market | 0.3% | The 882 holdings on record (of 1,028 reported): https://fundology.uk/fund/IE000SS2Y1K0/holdings ## Questions people ask **What is the ongoing charge of Vanguard Global Government Bond Index Fund GBP Hedged Acc?** The ongoing charge of Vanguard Global Government Bond Index Fund GBP Hedged Acc is 0.14% a year — about £14 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 Government Bond Index Fund GBP Hedged Acc 0.14% a year. Compared on 14/11/2026, 146 of the 311 other government bond funds charge more, 4 the same and 161 less (share classes counted once). **Is Vanguard Global Government Bond Index Fund GBP Hedged Acc accumulating or distributing?** Vanguard Global Government Bond Index Fund GBP Hedged Acc 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 Vanguard Global Government Bond Index Fund GBP Hedged Acc?** The ISIN of Vanguard Global Government Bond Index Fund GBP Hedged Acc is IE000SS2Y1K0. An ISIN identifies one exact share class of a fund. **What does Vanguard Global Government Bond Index Fund GBP Hedged Acc hold?** As of 30/09/2026, Vanguard Global Government Bond Index Fund GBP Hedged Acc holds 1,028 positions, according to its published holdings. The largest is Bundesschatzanweisungen 2.10% 15/03/2028 at 0.94% of the fund; the ten largest make up 6.7%. Its ten largest holdings are Bundesschatzanweisungen 2.10% 15/03/2028 (0.94%), French Republic Government Bond OAT 2.75% 25/02/2029 (0.94%), Bundesobligation 2.40% 18/04/2030 (0.89%), French Republic Government Bond OAT 2.70% 25/02/2031 (0.75%), Spain Government Bond 0.80% 30/07/2029 (0.66%), French Republic Government Bond OAT 3.00% 25/05/2033 (0.63%), Italy Buoni Poliennali Del Tesoro 4.10% 01/02/2029 (0.54%), Italy Buoni Poliennali Del Tesoro 4.00% 15/11/2030 (0.47%), United States Treasury Note/Bond 3.50% 31/01/2028 (0.46%) and Italy Buoni Poliennali Del Tesoro 3.25% 15/07/2032 (0.45%). ## Fund documents - [Fund page at Vanguard](https://www.vanguard.co.uk/professional/product/fund/bond/E091/global-government-bond-index-fund-gbp-hedged-acc) - [Key investor information document (KIID)](https://fund-docs.vanguard.com/ie000ss2y1k0-en.pdf) - [Factsheet](https://fund-docs.vanguard.com/Global_Government_Bond_Index_Fund_E091_GBP_EN_INT_IRISH_UK.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.