Do you want to invest in inflation-linked eurozone government bonds? This is possible with the Zwitserleven PPI Vanguard Inflation Linked Bond Index Fund. This fund is not available to everyone. Your pension regulations state whether you can invest in them.
What does the fund invest in?
The Zwitserleven PPI Vanguard Inflation Linked Bond Index Fund invests in Vanguard Eurozone Inflation-Linked Bond Index Fund. As a result, the investment policy is the same. This policy is described in the Prospectus Vanguard Investment Series PLC at the bottom of this page. Vanguard Eurozone Inflation-Linked Bond Index Fund (ISIN IE00B04GQR24) has been specially selected for the Zwitserleven PPI Vanguard Inflation Linked Bond Index Fund. Zwitserleven can also select similar funds from other asset managers. Then the fund will be replaced by one or more similar funds and the name of the fund will be adjusted accordingly. The Zwitserleven PPI Vanguard Inflation Linked Bond Index Fund may temporarily maintain a cash position.
What is the investment objective?
The investment objective of the Zwitserleven PPI Vanguard Inflation Linked Bond Index Fund is the same as that of the Vanguard Eurozone Inflation-Linked Bond Index Fund. This fund aims to track the results of the Bloomberg Global Inflation-Linked: Eurozone - Euro CPI Index by investing in a portfolio of securities that contains a representative sample of the securities in the Index, to the extent possible and practicable. The Index consists of euro zone-based investment grade government bonds issued in euros with maturities of more than one year.
How does the fund invest?
The fund employs a passive management – or indexing – investment approach. This means that the fund manager does not choose the investments himself and follows an index in order to keep the fund costs as low as possible.
What fund costs are charged?
The fund costs that are charged consist of:
- Ongoing Charges Figure, which is settled daily in the price of a fund. The expected Ongoing Charges Figure is 0.12% per annum.
- Management fees that are deducted from the investment value on a monthly basis. Information about management costs can be found in your pension regulations.