Global Equity Fund - GBP Acc (VAGLEGA)

About this fund

Fund objectives

The Fund seeks to provide an increase in the value of investments over the long-term (more than 5 years).
The Fund seeks to achieve its investment objective by investing primarily in shares of companies which may be located anywhere in the world. Under normal circumstances, at least 80% of the Fund's assets will be invested in shares.
The Fund is actively managed and uses a multi-manager structure with two investment advisers separately managing part of the Fund's assets. Each investment adviser uses their expertise to pick investments to achieve the Fund's objective.
The Fund typically invests in a diverse range of companies representing different economic sectors and industry groups across the spectrum of large, mid and small companies, that are considered to have been undervalued by the market (known as 'value stocks'), chosen mainly on the basis of an investment approach that focuses on analysing individual shares rather than stock markets. The Fund's holdings will comprise a mix of investments in companies whose earnings are expected to grow faster than their peers in the market (known as 'growth stocks') and value stocks selected from a broad range of the world's developed and emerging markets. Emerging markets are countries that are progressing toward becoming advanced, usually shown by some development in financial markets, the existence of some form of stock exchange and a regulatory body.
The Fund may also have exposure to bonds and other similar securities, other collective investment schemes (which themselves invest in securities which are consistent with the Fund's objective), money market instruments, cash deposits and warrants. Money market instruments are investments usually issued by banks or governments that are a short term loan to the issuer by the buyer. Warrants provide the holder with the right, but not the obligation, to purchase a share at a fixed price or amount at a fixed time in the future.
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.
The FTSE All World Index (the “Index”) serves as a reference benchmark for performance comparison. Whilst the Fund may hold investments that are components of the Index, the Index is not considered during portfolio construction and the investment adviser will not manage the extent to which the Fund's investments differ from the Index.

Fund facts

Share class inception

25 May 2016

Minimum initial investment

£100,000.00

Investment structure

UK OEIC

Share Class Assets'

Total Assets

—

Strategy

Active

Asset Class

Equity

Domicile

United Kingdom

Dividend schedule

—

Tax status

—

Currency

GBP

Legal entity

Vanguard® Investments Funds ICVC

Investment manager

Baillie Gifford Overseas Ltd.
Wellington Management Company LLP

Benchmark

FTSE All World 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 Dec 2025

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	190	4,255	31 Dec 2025
Median market capital	52.5 B	122.9 B	31 Dec 2025
	24.0 x	22.8 x	31 Dec 2025
	3.5 x	3.4 x	31 Dec 2025
	18.0%	19.2%	31 Dec 2025
	17.9%	20.1%	31 Dec 2025
Portfolio turnover rate	68.9%	—	31 Oct 2025

Market allocation

As at 31 Dec 2025

Country	Region	Fund	Benchmark	Variance +/-
United States of America	North America	63.05%	62.26%	0.79%
Japan	Pacific	6.13%	5.67%	0.46%
Taiwan	Emerging Markets	4.29%	2.29%	2.00%
United Kingdom	Europe	3.80%	3.36%	0.44%
Netherlands	Europe	3.78%	1.03%	2.75%
China	Emerging Markets	2.92%	3.32%	-0.40%
Canada	North America	2.62%	2.99%	-0.37%
France	Europe	2.58%	2.29%	0.29%
Ireland	Europe	1.53%	0.08%	1.45%
South Korea	Pacific	1.40%	1.50%	-0.10%
India	Emerging Markets	1.06%	1.93%	-0.87%
Hong Kong	Pacific	1.02%	0.50%	0.52%
Italy	Europe	0.90%	0.78%	0.12%
Germany	Europe	0.79%	2.09%	-1.30%
Singapore	Pacific	0.70%	0.34%	0.36%

Holdings details

As at 31 Dec 2025

Holding name	% of market value	Sector	Region	Market value	Shares
Amazon.com Inc	2.99014%	Consumer Discretionary	US	£16,068,426.41	93,635
NVIDIA Corp	2.51673%	Technology	US	£13,524,425.67	97,539
Microsoft Corp	2.35011%	Technology	US	£12,629,027.76	35,124
Taiwan Semiconductor Manufacturing Co Ltd	2.04748%	Technology	TW	£11,002,757.91	300,000
Prosus NV	1.63821%	Technology	NL	£8,803,421.52	190,770
Alphabet Inc	1.63714%	Technology	US	£8,797,651.70	37,806
Alphabet Inc	1.56639%	Technology	US	£8,417,462.00	36,080
Meta Platforms Inc	1.37926%	Technology	US	£7,411,874.76	15,103
ASML Holding NV	0.99614%	Technology	US	£5,353,079.72	6,730
Martin Marietta Materials Inc	0.99377%	Industrials	US	£5,340,327.74	11,536

Prices and distribution

Prices

NAV Price (GBP)

£310.09

Change

-£1.66-0.53%

At closure 30 Jan 2026

NAV 52-week high

£321.30

At closure 01 Feb 2026

NAV 52-week low

£236.38

At closure 01 Feb 2026

NAV 52-week difference

£84.92

Change

+26.43%

At closure 01 Feb 2026

Historical Prices

Date	NAV (GBP)
30 Jan 2026	£310.0850
29 Jan 2026	£311.7491
28 Jan 2026	£312.4588
27 Jan 2026	£313.9375
26 Jan 2026	£313.9701
23 Jan 2026	£315.7206
22 Jan 2026	£317.9652
21 Jan 2026	£316.5779
20 Jan 2026	£313.3648
19 Jan 2026	£319.2356

Distribution history

All dividends are reinvested for the "Accumulation" shares.

Purchase information

Currency

Base currency: GBP

Fund codes

Bloomberg: VAGLEGA
Citi: N01X
ISIN: GB00BZ82ZT69
MEX ID: VVXAB
SEDOL: BZ82ZT6