Investment

International Credit Securities (Hedged)

Investment details and fees

Minimum investment amounts

Initial investment$500,000

Additional investmentsNil

Holding balanceNil

Switch/withdrawalNil

Buy/sell spread

Purchase0.40%

Withdrawal0.40%

Management costs

Management costs0.34% p.a

Important notice about fees

Download a fund factsheet

Vanguard's International Credit Securities Index Fund (Hedged) invests in a broad range of fixed interest securities issued by government owned or guaranteed entities and investment grade corporations around the world. The fund is fully hedged into Australian dollars. Including both international and Australian fixed interest securities in a portfolio has two major benefits for investors:

increases diversification, which lowers risks
provides opportunities for enhanced returns without resorting to lower grade, higher risk debt

Who it may suit

short to medium term investors (usually 3 to 5 years)
investors requiring a high quality, high yielding income stream such as retirees or those nearing retirement
investors seeking a low risk, diversified investment portfolio of high quality debt securities
investors looking to add diversification and balance to a share-oriented portfolio
self managed super funds

Objectives

The fund seeks to match the return (income and capital appreciation) of the Barclays Capital Global Aggregate Government-Related and Corporate Index (hedged into Australian dollars) before taking into account fund fees and expenses.

Benefits

Diversification

index consists of approximately 9,000 international fixed interest securities
diversified approach lowers risk while providing opportunities for enhanced returns

International exposure provides opportunities to enhance returns

opportunities for increased yield through overseas exposure and currency hedging

Income and capital growth potential

steady and reliable income stream and potential for some capital growth
quarterly distributions

Low fees

low management costs
no entry fees other than usual buy/sell spreads

Flexibility

easily switch funds with no costs other than usual buy / sell spreads
no minimum additional investment requirements mean you can add to your investment as much and as often as you like

Take the next step

Knowledge Centre

Managed over $500,000 - Funds at a Glance*

Show all funds or Hide all Funds.

Cash Cash funds suit investors who prefer capital stability and regular income to long-term growth.

	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Ratings and Recommendations
	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Standard & Poors	Morningstar	Lonsec
Vanguard® Cash Reserve	UBS Australia Bank Bill Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Monthly	Nil	4 Stars	-	-
Vanguard® Cash Plus Index Fund	A customised Index, the Vanguard Cash Plus Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Monthly	Nil	3 Stars	-	-

Fixed Interest Fixed interest funds suit short to medium-term investors seeking a steady and reliable income stream.

	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Ratings and Recommendations
	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Standard & Poors	Morningstar	Lonsec
Vanguard® Australian Government Bond Index Fund	UBS Government Bond Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.10%/ 0.10	4 Stars
Vanguard® Australian Fixed Interest Index Fund	UBS Australian Composite Bond Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.20%/ 0.20	4 Stars	-	Highly Recommended
Vanguard® International Fixed Interest Index Fund (Hedged)	Barclays Capital Global Treasury Index in $A (Hedged)	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.20%/ 0.20	4 Stars	-	Recommended
Vanguard® International Credit Securities Index Fund (Hedged)	Barclays Capital Global Aggregate Government-related and Corporate Index in $A (Hedged)	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.40%/ 0.40%	-	-	-

Property Property trusts suit investors with a long-term time frame (five years plus).

	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Ratings and Recommendations
	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Standard & Poors	Morningstar	Lonsec
Vanguard® Australian Property Securities Index Fund	S&P/ASX 300 A-REIT Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.20%/ 0.20%	4 Stars	Highly Recommended	Highly Recommended
Vanguard® International Property Securities Index Fund	UBS Global Real Estate Investors Index ex-Australia in $A	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.30%/ 0.30%	4 Stars	Recommended	Recommended
Vanguard® International Property Securities Index Fund (Hedged)	UBS Global Real Estate Investors Index ex-Australia in $A (Hedged)	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.40%/ 0.40%	4 Star	Recommended	Recommended

Australian Shares Shares are high risk and generally suited to longer-term investors (seven years plus)

	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Ratings and Recommendations
	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Standard & Poors	Morningstar	Lonsec
Vanguard® Australian Shares Index Fund	S&P/ASX 300 Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.20%/ 0.10%	4 Stars	Recommended	Recommended
Vanguard® Australian High Yield Shares Fund	S&P/ASX 200 ex-A-REIT Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Monthly	0.20%/ 0.10%	4 Stars	Investment Grade	Recommended
Vanguard® Sustainability Leaders Australian Shares Fund	S&P/ASX 200 Index	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.20%/ 0.20%	-	-	-

International Shares International Shares are high risk and generally suited to longer-term investors (seven years plus).

	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Ratings and Recommendations
	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Standard & Poors	Morningstar	Lonsec
Vanguard® International Shares Index Fund	MSCI World ex-Australia Index in AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.30%/ 0.10%	4 Stars	Recommended	Recommended
Vanguard® International Shares Index Fund (Hedged)	MSCI World ex-Australia Index hedged to AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.40%/ 0.20%	4 Stars	Recommended	Recommended
Vanguard® Emerging Markets Shares Index Fund	MSCI Emerging Markets Index in AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.75%/ 1.00%	4 Stars
Vanguard® International Small Companies Index Fund	MSCI World ex-Australia Small Cap Index in AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.35%/ 0.25%	4 Stars	-	-
Vanguard® International Small Companies Index Fund (Hedged)	MSCI World ex-Australia Small Cap Index hedged to AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.45%/ 0.35%	4 Stars	-	-
Vanguard® Global Infrastructure Fund	A customised index, the Vanguard Global Infrastructure Index in AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.30%/ 0.30%	4 Stars	Recommended	Recommended (upper end)
Vanguard® Global Infrastructure Fund (Hedged)	A customised index, the Vanguard Global Infrastructure Index hedged to AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.40%/ 0.40%	4 Stars	Recommended	Recommended (upper end)
Vanguard® Sustainability Leaders International Shares Fund	MSCI World ex-Australia Index in AUD	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.30%/ 0.30%	-	-	-

DiversifiedDiversified funds allow investors to select the portfolio that best matches their risk profile.

	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Ratings and Recommendations
	Index/ Benchmark	Minimum Initial Application	Application Fee	Access to Funds	Income Distributions	Buy/Sell Spread	Standard & Poors	Morningstar	Lonsec
Vanguard ® Conservative Index Fund	30% growth and 70% income (Weighted average of target indexes of Vanguard Index Funds)	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.15%/ 0.10%	4 Stars	Highly Recommended	Recommended
Vanguard® Balanced Index Fund	50% growth and 50% income (Weighted average of target indexes of Vanguard Index Funds)	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.20%/ 0.15%	4 Stars	Highly Recommended	Recommended
Vanguard® Growth Index Fund	70% growth and 30% income (Weighted average of target indexes of Vanguard Index Funds)	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.25%/ 0.15%	4 Stars	Highly Recommended	Recommended
Vanguard® High Growth Index Fund	90% growth and 10% income (Weighted average of target indexes of Vanguard Index Funds)	$500,000	Nil	Withdrawals are normally paid within seven business days	Quarterly	0.30%/ 0.20%	4 Stars	Highly Recommended	Recommended

* Information correct as of March 1 2010.