Target Retirement 2050 Fund - GBP Acc (VAR50GA)

About this fund

Fund objectives

The Fund seeks to provide a return on your investment (through an increase in the value of, and income received from, assets held by the Fund) over the long-term (5 years or more) for investors planning to retire in or within approximately five years after 2050.
The Fund seeks to achieve its investment objective by investing at least 90% of its assets in a diversified portfolio of passive funds that seek to track the performance of an index, and which are managed or operated by the ACD or other companies in the Vanguard Group of Companies (“Associated Schemes”).
It is intended that the Fund will invest in Associated Schemes which (i) provide exposure to shares issued by companies worldwide; and (ii) provide exposure to government and corporate bonds and other similar fixed income investments issued worldwide. In the case of both shares and bonds, the UK will generally form one of the largest single country exposures.
The Fund is actively managed in that the Investment Adviser has discretion in respect of the Associated Schemes in which the Fund may invest and the allocations to them, each of which may change over time. The Investment Adviser manages the Fund through the pre-determined periodic rebalancing of its exposure to shares and bonds (and other similar fixed income investments).
Initially, the Fund’s portfolio will be comprised of approximately 80% by value of shares and 20% by value of bonds and other similar fixed income investments.
The Fund’s strategic allocation will alter gradually as the target year is approached and passed, becoming more conservative by moving from higher risk (such as shares) to mainly lower risk (such as bonds) investments, with the aim of reducing its exposure to short term changes in the value of its investments and the risk of erosion in the value of the investments of the Fund. It is anticipated that, within seven years after 2050, the Fund will have a stable investment allocation comprised of approximately 70% bonds and other similar fixed income investments and 30% shares.
The Fund may also invest up to 10% of its assets directly in shares, bonds and other similar fixed income investments, which will generally be components of the indices tracked by the Associated Schemes, money market instruments and deposits.
The Fund attempts to remain fully invested and hold small amounts of cash except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy to avoid losses.

Fund facts

Share class inception

17 Dec 2015

Listing date

17 Dec 2015

Investment structure

UK OEIC

Share Class Assets'

Total Assets

Risk indicator

Strategy

Index

Asset Class

Multi-Asset

Investment method

—

Index ticker

—

Benchmark

Vanguard Target Retirement 2050 Composite Index

Dividend schedule

—

Tax status

—

Domicile

United Kingdom

Legal entity

Vanguard LifeStrategy® Funds ICVC

Investment manager

Global Equity Index Management (GE)

The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

Performance

Risk and Volatility

As at 30 Apr 2026

Beta

—

R²

—

1 year

—

3 years

—

5 years

—

Please note Beta and R-squared data will only display for funds with 3 full years of history.

The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

Portfolio data

Characteristics

Fundamentals	Fund	Benchmark	As at
Number of stocks	9	—	30 Apr 2026
Median market capital	79.3 B	—	30 Apr 2026
	20.3 x	—	30 Apr 2026
	2.8 x	—	30 Apr 2026
	15.6%	—	30 Apr 2026
	16.0%	—	30 Apr 2026
Portfolio turnover rate	5.5%	—	31 Mar 2026

Market allocation

Temporarily unavailable

Holdings details

As at 30 Apr 2026

Holding name	% of market value	Region	Market value	Shares
Vanguard US Equity Index Fund	19.43994%	GB	£82,479,570.66	69,199.211
Vanguard FTSE Developed World ex UK Equity Index Fund	19.42656%	GB	£82,422,795.31	97,074.731
Vanguard FTSE UK All Share Index Unit Trust	14.85056%	GB	£63,007,779.86	174,107.931
Vanguard Investment Series PLC - Global Bond Index Fund	14.46143%	IE	£61,356,796.63	385,197.72
Vanguard Emerging Markets Stock Index Fund/Ireland	6.47983%	IE	£27,492,554.36	72,794.29
Vanguard FTSE North America UCITS ETF	6.47808%	GB	£27,485,125.78	206,417
Vanguard FTSE Developed Europe ex UK Equity Index Fund	4.56274%	GB	£19,358,759.84	39,279.324
Vanguard FTSE 100 UCITS ETF	4.42535%	GB	£18,775,843.81	340,937
Vanguard Investment Series PLC - UK Government Bond Index Fund	4.41636%	IE	£18,737,672.19	140,207.96
Vanguard Investment Series PLC - Japan Stock Index Fund	2.44075%	IE	£10,355,580.37	25,539.62

Prices and distribution

Prices

NAV Price (GBP)

£270.12

Change

-£3.26-1.19%

At closure 05 Jun 2026

Market value ()

—

NAV 52-week high

£274.11

At closure 05 Jun 2026

Market value 52-week high

—

NAV 52-week low

£223.04

At closure 05 Jun 2026

Market value 52-week low

—

NAV 52-week difference

£51.07

Change

+18.63%

At closure 05 Jun 2026

Market value 52-week difference

—

Outstanding shares

1,635,705

At closure 31 May 2026

Historical Prices

Date	NAV (GBP)
05 Jun 2026	£270.1240
04 Jun 2026	£273.3834
03 Jun 2026	£273.1261
02 Jun 2026	£274.1089
01 Jun 2026	£273.6388
29 May 2026	£273.3726
28 May 2026	£272.9924
27 May 2026	£272.8856
26 May 2026	£272.1235
22 May 2026	£270.6856

Distribution history

All dividends are reinvested for the "Accumulation" shares.

Purchase information

Currency

Base currency: GBP

Fund codes

Bloomberg:VAR50GA
ISIN:GB00BZ6VKT06
MEX ID:VVXXH
SEDOL:BZ6VKT0