Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged)

The fund seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad global bond index, which Index is hedged to the Canadian dollar. Currently, this Vanguard ETF seeks to track the Bloomberg Barclays Global Aggregate ex- USD Float Adjusted RIC Capped Index (CAD Hedged) (or any successor thereto). It invests directly or indirectly primarily in a wide spectrum of the global investmentgrade, fixed rate, fixed income markets outside the U.S. and uses derivative instruments to seek to hedge the foreign currency exposure of the securities included in the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index to the Canadian dollar.