How we evaluate products
Responsible Investment strategies, processes, practices and disclosures are assessed against the eight criteria for product certification in the Responsible Investment Standard and accompanying Guidance and Assessment Notes.
What this symbol means
General certification: This Symbol signifies that a product or service offers an investment style that takes into account environmental, social, governance or ethical considerations, and that it adheres to the operational and disclosure practices required under the Responsible Investment Certification Program for the category of Product.
<span class="text-size-xxsmall">The content on this webpage is provided by Responsible Investment Association Australasia Ltd (ACN 641 046 666, AFSL 554110). For more information refer to our Financial Services Guide. Certain content provided may constitute a summary or extract from the offer document of a financial product. Any general advice has been provided without reference to your investment objectives, financial situation or needs. If the advice relates to the acquisition of a particular financial product for which an offer document (such as a product disclosure document) is available, you should obtain the offer document relating to the particular financial product and consider it before making any decision whether to acquire the product. Past performance does not necessarily indicate a financial products’ future performance. To obtain information tailored to your situation, contact a financial adviser.</span>
Themes & Issues
Society
Fossil fuels
Partially avoided
Gambling
Partially avoided
Pornography
Partially avoided
Tobacco
Partially avoided
Alcohol
Partially avoided
Environment
Fossil fuels
Partially avoided
Gambling
Partially avoided
Pornography
Partially avoided
Tobacco
Partially avoided
Alcohol
Partially avoided
<span class="text-size-xxsmall">For RIAA’s definitions of the themes included and issues avoided, please view this guide. Product-specific exclusion criteria and practices may vary. You can find these by referring directly to the product provider.</span>
Overview
The ETF provides low cost exposure to global investment grade securities (securities) including government, government-related, corporate, and securitised fixed rate bonds from both developed and emerging market issuers.
Bloomberg (the Index provider) uses research data supplied by MSCI to construct the Index independently of Vanguard, excluding securities covered by MSCI research. The Index excludes corporate and government-related issuers that have a specified level of business involvement in fossil fuels, nuclear power, alcohol, tobacco, gambling, weapons or adult entertainment. The Index uses MSCI ESG Controversies research to exclude corporate and government-related issuers which MSCI has identified as being directly involved in one or more very severe ongoing ESG controversies through its actions, products or operations. The Index also excludes government and government-related issuers with a MSCI ESG rating below “BBB”.
Where MSCI has insufficient or no data available to adequately assess a particular issuer, securities of this issuer may not be excluded.
The Index screening process does not review certain securitised assets and company structures. Accordingly, securities issued by non-screened entities may also be contained in the Index. For further information about the Index, including details of the business involvement screens and applicable revenue thresholds, please refer to the following URL: https://www.vanguard.com.au/Bloomberg_MSCI_Global_Aggregate_SRI_Exclusions_Float_Adjusted_Index
Description
The ETF provides low cost exposure to global investment grade securities (securities) including government, government-related, corporate, and securitised fixed rate bonds from both developed and emerging market issuers.
Bloomberg (the Index provider) uses research data supplied by MSCI to construct the Index independently of Vanguard, excluding securities covered by MSCI research. The Index excludes corporate and government-related issuers that have a specified level of business involvement in fossil fuels, nuclear power, alcohol, tobacco, gambling, weapons or adult entertainment. The Index uses MSCI ESG Controversies research to exclude corporate and government-related issuers which MSCI has identified as being directly involved in one or more very severe ongoing ESG controversies through its actions, products or operations. The Index also excludes government and government-related issuers with a MSCI ESG rating below “BBB”.
Where MSCI has insufficient or no data available to adequately assess a particular issuer, securities of this issuer may not be excluded. The Index screening process does not review certain securitised assets and company structures. Accordingly, securities issued by non-screened entities may also be contained in the Index. For further information about the Index, including details of the business involvement screens and applicable revenue thresholds, please refer to the following URL: https://www.vanguard.com.au/Bloomberg_MSCI_Global_Aggregate_SRI_Exclusions_Float_Adjusted_Index
The ETF is hedged to Australian dollars so the value of the Fund is relatively unaffected by currency fluctuations for Australian investors.
We, the Responsible Investment Association Australasia, don't earn any commission from providers or products you switch to.
Themes & Issues
0
themes included
0
issues fully avoided
0
issues mostly avoided
5
issues partially avoided
Product Targets
Wholesale
Retail
Certified Since
2018
Last date certified
March 20, 2023
Primary RI Strategy
Negative Screening
Secondary RI Strategy
ESG Integration