Fixed income
VBND
Vanguard Global Aggregate Bond Index (Hedged) ETF · Vanguard
A very broad mix of bonds from around the world — government and corporate (the Bloomberg Global Aggregate index) — with the foreign-currency exposure hedged to Australian dollars.
What the fee costs you
The management fee is 0.2% a year. Here’s what that works out to in dollars:
A 0.2% yearly fee works out to about $20 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Vanguard
- Asset class
- Fixed income
- Number of holdings
- ~13,900
- Where it invests
- Global bonds, hedged to Australian dollars.
- Income paid
- Quarterly
- Currency hedged
- Yes — Hedged to Australian dollars, so foreign-currency moves are largely removed.
Its character
The global bond market in one holding, currency-hedged so an Australian investor isn't exposed to foreign-exchange swings on top of the bonds themselves. Built for income and stability.
What to keep in mind
Typically moves far less than a share fund, but it isn't risk-free: bond prices fall when interest rates rise, and there is some credit risk. Hedging removes most currency swings.
Figures last verified 2026-06-19against the issuer’s factsheet and PDS.