Vanguard’s model portfolio service (MPS) offers a range of model portfolio solutions for advisers and their clients.
Our MPS solutions enable you to delegate your investment management responsibilities.
Our service gives you the opportunity to spend more time to plan your clients’ financial future and deepen your relationships. We handle the investment management of your client portfolios.
As the client’s adviser, you retain the full responsibility of determining the suitability of Vanguard’s MPS for your client. This will depend on the client’s investment objective, risk appetite and their capacity to absorb financial loss.
Vanguard’s BlendedLife MPS may be suitable if:
Vanguard’s BlendedLife MPS may be suitable for your client if:
Vanguard’s BlendedLife MPS may not be suitable if:
Vanguard’s BlendedLife MPS may not be suitable for your client if:
You can find more details in our target market documentation. Your clients should go through a risk profiling process to determine their attitude to risk and capacity for loss, culminating in a risk-reward profile. The Vanguard BlendedLife model portfolio chosen should be appropriate for the client’s risk-reward profile.
Clients should be fully and clearly informed of the risks associated with investing. Below is a summary of the risks associated with investing via a model portfolio including the main risks of investing in the underlying funds.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested. The price or value of investments may fluctuate significantly.
The value of equities and bonds can be affected by factors such as stock market movements, interest rates, credit spreads and volatility.
Other driving factors include political, economic news, company earnings and significant corporate events.
This is the potential for errors in the model’s design, incorrect inputs or misinterpretation of results.
The below represent the main risks of investing in the underlying funds. For further information on the risks of the underlying funds, please refer to the prospectus and KIID of the underlying funds. The KIID for each fund is available, alongside the prospectus on our website. For third-party funds, please visit the respective provider’s website.
Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater ‘Liquidity Risk’, restrictions on investment or transfers of assets and failed/ delayed delivery of securities or payments to the Fund.
Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events.
Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. This could cause the Fund to incur higher costs when buying or selling investments or could mean that the Fund is not able to buy or sell investments when it would like to do so.
The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss.
Movements in currency exchange rates can adversely affect the return of your investment.
Vanguard BlendedLife MPS offers a range of model portfolio solutions that are designed to provide the potential for capital growth over the long term. Investors can choose from five distinct model portfolios, each with a different balance of potential risk and return based on their equity and bond mix and underlying investment methodology.
BlendedLife MPS follows Vanguard’s foundational investment principles for portfolio construction, which we believe is important for long-term investment success.
Vanguard leverages both its low-cost funds and its access to attractively priced funds from other world class fund managers as building blocks to construct the BlendedLife MPS. This results in a range of model portfolios providing diversified exposure to equity and bond markets globally at competitive price points in both the passive and active space.
We rebalance the BlendedLife MPS on a three-monthly basis to ensure that clients’ investments remain aligned with their risk and return objectives.
Each portfolio has a non-market capitalisation to passive and active funds investing in securities from around the globe. The range incorporates the institutional-level investment capabilities of Wellington Management to determine the portfolio asset allocation. Wellington’s inclusion allows the portfolios to maintain the same long-term orientation Vanguard is known for while also actively positioning the portfolio to capitalise on current market dynamics.
The rebalancing schedule is February/May/August/November.
Each Vanguard BlendedLife portfolio seeks to achieve capital growth over time that is consistent with its risk profile.
Vanguard will publish monthly factsheets (from April 2026) and quarterly reports (from July 2026) that provide the performance and a breakdown of each model portfolio.
The BlendedLife Dynamic MPS range invests in Vanguard’s low-cost index and active funds, as well as carefully selected, attractively priced funds from third-party managers (see full list as follows). We use these funds as building blocks to construct portfolios with a mix of equities and bonds for a range of risk profiles.
The BlendedLife Dynamic MPS range will incorporate the investment capabilities of Wellington Management to allocate across the underlying funds.
1. Vanguard U.S. Equity Index Fund GBP Acc
2. Vanguard FTSE U.K. All Share Index Unit Trust GBP Acc
3. Vanguard FTSE Developed Europe ex-U.K. Equity Index Fund GBP Acc
4. Vanguard Japan Stock Index Fund GBP Acc
5. Vanguard Pacific ex-Japan Stock Index Fund GBP Acc
6. Vanguard Emerging Markets Stock Index Fund GBP Acc
7. Vanguard Global Emerging Markets Fund GBP Acc
8. Schroder Prime UK Equity Fund GBP Acc
9. Baillie Gifford American Fund GBP Acc
10. PGIM Jennison US Growth Fund GBP Acc
11. Pzena US Large Cap Value Fund GBP Acc
12. MFS Meridian Continental European Equity Fund GBP Acc
13. Lazard Japanese Strategic Equity Fund GBP Acc
14. Vanguard Global Strategic Bond Fund Institutional Plus GBP Hedged Acc
15. Vanguard U.S. Government Bond Index Fund GBP Hedged Acc
16. Vanguard Euro Government Bond Index Fund GBP Hedged Acc
17. Vanguard U.K. Government Bond Index Fund GBP Acc
18. Vanguard Japan Government Bond Index Fund GBP Hedged Acc
19. Vanguard Global Credit Bond Fund Institutional GBP Hedged Acc
20. Vanguard U.S. Investment Grade Credit Index Fund GBP Hedged Acc
21. Vanguard Euro Investment Grade Bond Index Fund GBP Hedged Acc
22. Vanguard U.K. Investment Grade Bond Index Fund GBP Acc
23. Vanguard Emerging Markets Bond Fund Institutional Plus GBP Hedged Acc
Important information
This is directed at professional investors and should not be distributed to, or relied upon by, retail investors.
For further information on the investment policies and risks of the model portfolio(s), please refer to the prospectus and KIID of the underlying funds before makingany final investment decisions. The KIID for each fundis available, alongside the prospectus via Vanguard’s website. For third-party funds, please visit the respective provider’s website.
This is designed for use by, and is directed only at, persons resident in the UK.
The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information is general in nature and does not constitute legal, tax, or investment advice. Potential investors are urged to consult their professional advisers on the implications of making an investment in, holding or disposing of shares and/or units of, and the receipt of distribution from any investment.
The Manager of the Ireland domiciled funds may determine to terminate any arrangements made for marketing the shares in one or more jurisdictions in accordance with the UCITS Directive, as may be amended from time-to-time.
For investors in UK domiciled funds, a summary of investor rights is available in English.
For investors in Ireland domiciled funds, a summary of investor rights is available in English, German, French, Spanish, Dutch and Italian.
Issued by VanguardAsset Management Limited,which is authorised and regulated in the UK by the Financial Conduct Authority.