For specific return goals
LifeTarget model portfolios use Vanguard's sophisticated forecasting and modelling capabilities to help keep track of, and adapt to, the changing condition of the markets each year. Each portfolio is managed in a way that aims to maximise risk-adjusted returns whilst giving investors the best chance of achieving at least the minimum return target over the long-term.
Why LifeTarget?
Flexible
The model portfolios aim to generate sufficient long-term return for advisers to draw on as part of a personalised spending or growth plan.
Targeted
Managed around realistic long-term minimum return expectations*.
Low cost
An all-in cost of just 0.32% to 0.33% per year means investors keep more of their returns**
Choosing a LifeTarget model portfolio
LifeTarget model portfolios are currently available on a number of platforms. If you would like to know more about the models, please contact our sales team who will be happy to help.
LifeTarget Defensive Model Portfolio | LifeTarget Cautious Model Portfolio | LifeTarget Moderate Model Portfolio | |
|---|---|---|---|
Minimum long-term return target* | 2% | 3% | 4% |
Target allocation: Equity | 19% | 44% | 62% |
Target allocation: Fixed income | 79% | 54% | 36% |
Target allocation: Cash | 2% | 2% | 2% |
All-in charges** | 0.33% | 0.33% | 0.33% |
*Minimum long-term return targets are not guaranteed and are subject to the performance of the bonds and equities in which the model invests.
** Costs are as of 31 December 2023. All-in costs include Ongoing Charges Figures (OCF) and an annual portfolio management fee that covers the discretionary management of the managed portfolio service, ongoing oversight, and regular rebalancing of the portfolios. The portfolio management fee is exclusive of VAT and any adviser, platform, or dealing charges. The OCF covers the fund manager’s costs of managing the fund. It does not include dealing costs or additional costs such as audit fees.
Documents for you and your clients
Brochures
Latest factsheets
Risk ratings
The LifeTarget model portfolio range has received risk mappings from a number of third parties. If you'd like to read more about how the range has been rated, you can access the risk mappings here:
Important risk information
Investment risk information
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
The model portfolios aim to achieve at least the minimum target return on an annualized basis over a rolling 5-year period. Achieving the minimum target return is not guaranteed and is subject to the performance of the underlying bonds and equities in which the model invests. In any given year the performance of the model maybe higher, or lower than the minimum target return and an investor may not get back the full amount invested.
Some funds invest in emerging markets which can be more volatile than more established markets. As a result the value of your investment may rise or fall.
Investments in smaller companies may be more volatile than investments in well-established blue chip companies.
Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your investment and the level of income may fluctuate. Movements in interest rates are likely to affect the capital value of fixed interest securities. Corporate bonds may provide higher yields but as such may carry greater credit risk increasing the risk of default on repayment and erosion of the capital value of your investment. The level of income may fluctuate and movements in interest rates are likely to affect the capital value of bonds.
The Funds may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce exposure to underlying assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.
Some funds invest in securities which are denominated in different currencies. Movements in currency exchange rates can affect the return of investments.
For further information on risks relating to the underlying funds please see the “Risk Factors” section of the prospectus.
Important information
This document 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 of the UCITS and to the KIID of the underlying funds before making any final investment decisions. The KIID for each fund is available, alongside the prospectus.
This document is designed for use by and is directed only at persons resident in the UK.
The information contained in this document 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 in this document 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.
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 Vanguard Asset Management Limited, which is authorised and regulated in the UK by the Financial Conduct Authority.
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