Global Equity Fund
Global Equity Fund - GBP Acc (VAGLEGA)
Related Documents
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
Investment adviser: Vanguard Global Advisers, LLC
and Sub-investment advisers: Baillie Gifford Overseas Limited and 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 30 Sept 2026
Beta
R²
Annualized Tracking Error
1 year
3 years
5 years
Portfolio data
Characteristics
| Fundamentals | Fund | Benchmark | As at |
|---|---|---|---|
| Number of stocks | 195 | 4,203 | 30 Sept 2026 |
| Median market capital | 58.5 B | 154.5 B | 30 Sept 2026 |
| 21.3 x | 20.7 x | 30 Sept 2026 | |
| 3.5 x | 3.6 x | 30 Sept 2026 | |
| 18.2% | 19.5% | 30 Sept 2026 | |
| 18.8% | 20.5% | 30 Sept 2026 | |
| Portfolio turnover rate | 97.2% | — | 31 Jul 2026 |
Market allocation
As at 30 Sept 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| United States of America | North America | 61.18% | 62.29% | -1.11% |
| Japan | Pacific | 7.97% | 6.06% | 1.91% |
| Taiwan | Emerging Markets | 5.68% | 3.54% | 2.14% |
| United Kingdom | Europe | 4.57% | 3.06% | 1.51% |
| China | Emerging Markets | 3.84% | 2.68% | 1.16% |
| Canada | North America | 2.37% | 2.91% | -0.54% |
| South Korea | Pacific | 2.00% | 2.60% | -0.60% |
| Netherlands | Europe | 1.62% | 1.17% | 0.45% |
| Singapore | Pacific | 1.34% | 0.37% | 0.97% |
| Brazil | Emerging Markets | 1.20% | 0.45% | 0.75% |
| Italy | Europe | 1.15% | 0.75% | 0.40% |
| Ireland | Europe | 1.00% | 0.08% | 0.92% |
| France | Europe | 0.99% | 1.89% | -0.90% |
| Sweden | Europe | 0.79% | 0.68% | 0.11% |
| Switzerland | Europe | 0.79% | 1.88% | -1.09% |
Holdings details
As at 30 Jun 2026
| Holding name | % of market value | Sector | Region | Market value | Shares |
|---|---|---|---|---|---|
| NVIDIA Corp | 3.18178% | Technology | US | £18,219,092.73 | 120,852 |
| Amazon.com Inc | 2.74564% | Consumer Discretionary | US | £15,721,739.85 | 87,550 |
| Taiwan Semiconductor Manufacturing Co Ltd | 2.65779% | Technology | TW | £15,218,707.32 | 267,000 |
| Microsoft Corp | 2.03425% | Technology | US | £11,648,292.31 | 41,446 |
| Alphabet Inc | 1.62566% | Technology | US | £9,308,643.69 | 34,967 |
| Tencent Holdings Ltd | 1.54904% | Technology | HK | £8,869,897.51 | 214,800 |
| ASML Holding NV | 1.50728% | Technology | US | £8,630,779.60 | 5,758 |
| Taiwan Semiconductor Manufacturing Co Ltd | 1.37975% | Technology | US | £7,900,554.25 | 21,957 |
| MediaTek Inc | 1.37333% | Technology | TW | £7,863,811.67 | 78,326 |
| Samsung Electronics Co Ltd | 1.01117% | Telecommunications | KR | £5,790,038.51 | 35,647 |
Prices and distribution
Prices
NAV Price (GBP)
£331.56
GBPChange
-£3.86-1.15% At closure 22 Oct 2026
NAV 52-week high
£341.73
At closure 23 Oct 2026
NAV 52-week low
£290.05
At closure 23 Oct 2026
NAV 52-week difference
£51.68
Change
+15.12% At closure 23 Oct 2026
Historical Prices
-
Inception date
25 May 2016
| Date | NAV (GBP) |
|---|---|
| 22 Oct 2026 | £331.5607 |
| 21 Oct 2026 | £335.4218 |
| 20 Oct 2026 | £333.1856 |
| 19 Oct 2026 | £333.9953 |
| 16 Oct 2026 | £334.1210 |
| 15 Oct 2026 | £337.1051 |
| 14 Oct 2026 | £339.2399 |
| 13 Oct 2026 | £339.4777 |
| 12 Oct 2026 | £341.3721 |
| 09 Oct 2026 | £341.3491 |
Distribution history
Distribution frequency
—
Historical performance 30 Sept 2026
0.94%
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