The Fund’s investment objective is to achieve an increase in value and, consistent with a gradually changing asset allocation, hold investments that will pay out money for investors planning to retire in or within approximately five years after 2030. The Fund’s asset allocation will become more conservative as 2030 is approached and passed, moving from higher risk (such as shares) to mainly lower risk (such as bonds) investments.
The Fund will seek to achieve its investment objective by investing more than 90% of its assets in passive funds that track an index, which are managed or operated by the ACD or its associates (“Associated Schemes”). Direct investments (in transferable securities such as shares, bonds and other similar fixed income investments) may also be made.
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), as detailed above.
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.
Fund facts
Share class inception
17 Dec 2015
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
Vanguard Asset Management, Ltd.
Europe Equity Index Team
Benchmark
Vanguard Target Retirement 2030 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 30 Sep 2025
Beta
—
R²
—
Annualized Tracking Error
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
Balanced
Fund
As at
Portfolio turnover rate
10.9%
30 Sep 2025
Cash Investment
0.1%
30 Sep 2025
Stocks
Fund
As at
Number of stocks
9
30 Sep 2025
Median market capital
65.6 B
30 Sep 2025
20.7 x
30 Sep 2025
2.5 x
30 Sep 2025
13.5%
30 Sep 2025
14.7%
30 Sep 2025
Bonds
Fund
As at
Number of bonds
4
30 Sep 2025
YTM (Yield to Maturity) effective
—
—
Average Duration
—
—
Average maturity
—
—
Medium coupon
—
—
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 30 Sep 2025
Holding name
% of market value
Sector
Region
Market value
Shares
Vanguard Investment Series PLC - Global Bond Index Fund
19.46100%
IE
£120,203,406.31
759,539.35
Vanguard FTSE Developed World ex UK Equity Index Fund
19.38532%
GB
£119,735,925.62
153,815.425
Vanguard US Equity Index Fund
12.05387%
GB
£74,452,302.91
67,066.854
Vanguard FTSE UK All Share Index Unit Trust
11.34753%
GB
£70,089,487.78
217,763.829
Vanguard Investment Series PLC - UK Government Bond Index Fund
8.36888%
IE
£51,691,442.30
388,877.63
Vanguard Global Aggregate Bond UCITS ETF
8.30361%
GB
£51,288,339.26
2,004,649
Vanguard Emerging Markets Stock Index Fund/Ireland
4.81665%
IE
£29,750,682.61
93,397.74
Vanguard FTSE North America UCITS ETF
4.07190%
GB
£25,150,604.61
202,134
Vanguard FTSE 100 UCITS ETF
3.61046%
GB
£22,300,473.80
457,455
Vanguard Investment Series PLC - UK Investment Grade Bond Index Fund
3.53313%
IE
£21,822,830.94
216,400.59
Asset allocation
As at 30 Sep 2025
Percentage
Bond
39.67%
Short-term reserves
0.14%
Stock
60.19%
Prices and distribution
Prices
NAV Price (GBP)
£214.84
Change
-£0.16-0.08%
At closure 30 Oct 2025
NAV 52-week high
£215.01
At closure 31 Oct 2025
NAV 52-week low
£179.76
At closure 31 Oct 2025
NAV 52-week difference
£35.25
Change
+16.39%
At closure 31 Oct 2025
Historical Prices
-
Inception date
17 Dec 2015
Date
NAV (GBP)
30 Oct 2025
£214.8435
29 Oct 2025
£215.0054
28 Oct 2025
£214.6494
27 Oct 2025
£214.0322
24 Oct 2025
£213.0205
23 Oct 2025
£212.1440
22 Oct 2025
£211.3750
21 Oct 2025
£211.1094
20 Oct 2025
£210.6827
17 Oct 2025
£209.4493
Distribution history
Distribution frequency
—
Historical performance 30 Sep 2025
2.09%
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency: GBP
Fund codes
Bloomberg: VAR30GA
ISIN: GB00BZ6VJD72
MEX ID: VVXXD
SEDOL: BZ6VJD7
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).
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.