Please note a shareholder notice has been sent to investors in the Vanguard LifeStrategy Funds ICVC range (20%, 40%, 60%, 80% and 100% Equity Funds) only.
The notice outlines (1) updates to the Funds’ U.K. equity and fixed income exposure, change to take place on or around 27 March 2026; and (2) a reduction in the Ongoing Charges Figure (OCF), effective 27 January 2026. No action is required from shareholders; with the fund strategy and risk profile remaining unchanged.
For full details, please see the shareholder notice in the fund announcement section of the website https://www.vanguard.co.uk/uk-fund-directory/documents/uk-domiciled-funds/fund-announcements
NAV Price ()
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NAV 52-week high
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Risk Indicator
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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) within a pre-defined asset allocation over the medium term (3 years or more).
The Fund is actively managed and seeks to achieve its investment objective by investing at least 90% of its assets by value 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”).
The pre-defined asset allocation for the Fund means that it is intended that the Fund will invest: (1) approximately 40% of its assets by value in Associated Schemes which provide exposure to shares of companies worldwide. Approximately 25% of such investments (by value) will be in UK listed companies; and (2) approximately 60% of its assets by value in Associated Schemes which provide exposure to government and corporate bonds and other similar fixed income investments worldwide. Approximately 35% of such investments (by value) will be in Sterling-denominated investments (including UK government bonds (gilts), government related bonds, index-linked gilts and investment-grade bonds), which may include Sterling-denominated bonds issued by companies outside the UK.
This Fund is part of a range of funds. Within this range, a fund which invests more in Associated Schemes that provide exposure to shares of companies will typically be riskier than a fund which invests more in Associated Schemes that provide exposure to government and corporate bonds and other similar fixed income investments.
The Fund may also invest up to 10% of its assets directly in transferable securities (such as 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.
In addition to the pre-defined asset allocation, the Investment Adviser will aim to maintain a strategic asset allocation that is designed using research conducted by Vanguard. The Fund does not aim to outperform this strategic asset allocation.
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
23 Jun 2011
Minimum initial investment
£100,000.00
Investment structure
UK OEIC
Share Class Assets'
Total Assets
Strategy
Index
Asset Class
Multi-Asset
Domicile
United Kingdom
Dividend schedule
—
Currency
GBP
Investment manager
Global Equity Index Management (GE)
Benchmark
Vanguard LifeStrategy® 40% Equity Composite Index
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 31 Mar 2026
Beta
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R²
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Annualized Tracking Error
1 year
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3 years
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5 years
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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
Balanced
Fund
As at
Portfolio turnover rate
10.2%
31 Mar 2026
Cash Investment
0.1%
31 Mar 2026
Stocks
Fund
As at
Number of stocks
7
31 Mar 2026
Median market capital
56.1 B
31 Mar 2026
19.4 x
31 Mar 2026
2.3 x
31 Mar 2026
13.0%
31 Mar 2026
12.8%
31 Mar 2026
Bonds
Fund
As at
Number of bonds
11
31 Mar 2026
YTM (Yield to Maturity) effective
—
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Average Duration
—
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Average maturity
—
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Medium coupon
—
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Market allocation
-
Temporarily unavailable
Distribution by credit quality (% of funds)
-
Temporarily unavailable
Distribution by credit issuer (% of funds)
-
Temporarily unavailable
Distribution by credit maturity (% of funds)
-
Temporarily unavailable
Holdings details
As at 31 Mar 2026
Holding name
% of market value
Sector
Region
Market value
Shares
Vanguard FTSE Developed World ex UK Equity Index Fund
19.16594%
GB
£1,070,313,205.58
1,348,861.63
Vanguard Investment Series PLC - Global Bond Index Fund
19.02272%
IE
£1,062,315,320.68
6,677,923.07
Vanguard Investment Series PLC - UK Government Bond Index Fund
11.24993%
IE
£628,247,129.17
4,675,063.06
Vanguard FTSE UK All Share Index Unit Trust
9.94633%
GB
£555,448,154.50
1,584,564.458
Vanguard US Equity Index Fund
5.66931%
GB
£316,600,250.18
284,623.408
Vanguard Global Aggregate Bond UCITS ETF
4.99386%
GB
£278,879,805.55
10,858,945
Vanguard Investment Series PLC - US Government Bond Index Fund
4.98369%
IE
£278,312,015.39
2,540,729.48
Vanguard Investment Series PLC - UK Investment Grade Bond Index Fund
4.60042%
IE
£256,908,238.62
2,525,313.65
Vanguard Investments Funds ICVC - Vanguard UK Inflation-Linked Gilt Index Fund
4.14396%
GB
£231,417,349.45
1,630,811.352
Vanguard Investment Series PLC - Euro Government Bond Index Fund
3.82292%
IE
£213,489,520.00
1,711,212.64
Asset allocation
As at 31 Mar 2026
Percentage
Bond
60.20%
Short-term reserves
0.10%
Stock
39.70%
Prices and distribution
Prices
NAV Price (GBP)
£228.61
Change
-£0.40-0.18%
At closure 07 May 2026
NAV 52-week high
£230.07
At closure 08 May 2026
NAV 52-week low
£203.36
At closure 08 May 2026
NAV 52-week difference
£26.71
Change
+11.61%
At closure 08 May 2026
Historical Prices
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Inception date
23 Jun 2011
Date
NAV (GBP)
07 May 2026
£228.6129
06 May 2026
£229.0154
05 May 2026
£226.6597
01 May 2026
£226.4882
30 Apr 2026
£226.3712
29 Apr 2026
£225.6107
28 Apr 2026
£226.3942
27 Apr 2026
£226.7006
24 Apr 2026
£227.0419
23 Apr 2026
£226.7188
Distribution history
Distribution frequency
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Historical performance 31 Mar 2026
2.09%
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency: GBP
Fund codes
Bloomberg: VGLS40A
ISIN: GB00B3ZHN960
MEX ID: VVLFSU
SEDOL: B3ZHN96
The sum of investment management fees (the fees paid to the portfolio manager to invest your money and manage the fund) and administrative and other expenses (which cover all costs and expenses connected with the operation of the fund, which includes administrative fees, shareholder's registration and transfer agency fees, custody fees and all other operating expenses).
As at 30 Apr 2026
The share price of a stock divided by its per-share earnings over the past year. For a portfolio, the weighted average P/E ratio of the stocks in the portfolio. P/E is a good indicator of market expectations about a company's prospects; the higher the P/E, the greater the expectations for a company's future growth in earnings.
The price per share of a stock divided by its book value (i.e., net worth) per share. For a portfolio, the ratio is the weighted average price/book ratio of the stocks it holds.
An amount, expressed as a percentage, earned on a company's common stock investment for a specific time frame. This figure tells shareholders how effectively their money is being utilised.
The average annual rate of growth in earnings over the past five years for the stocks in a portfolio.