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Global Equity Fund

Global Equity Fund - GBP Acc (VAGLEGA)

Available in other share classes
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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 Jul 2026

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
FundamentalsFundBenchmarkAs at
Number of stocks 193 4,264 31 Jul 2026
Median market capital 57.3 B 137.8 B 31 Jul 2026
22.6 x 21.0 x 31 Jul 2026
3.6 x 3.5 x 31 Jul 2026
18.2% 18.7% 31 Jul 2026
18.3% 19.8% 31 Jul 2026
Portfolio turnover rate 97.2% — 31 Jul 2026

Market allocation

As at 31 Jul 2026

CountryRegionFundBenchmarkVariance +/-
United States of AmericaNorth America 61.56% 61.66% -0.10%
JapanPacific 6.82% 5.95% 0.87%
TaiwanEmerging Markets 5.13% 3.17% 1.96%
ChinaEmerging Markets 4.27% 2.82% 1.45%
United KingdomEurope 4.23% 3.28% 0.95%
CanadaNorth America 3.03% 2.97% 0.06%
South KoreaPacific 1.87% 2.41% -0.54%
NetherlandsEurope 1.68% 1.15% 0.53%
FranceEurope 1.34% 2.07% -0.73%
SingaporePacific 1.30% 0.38% 0.92%
ItalyEurope 1.22% 0.80% 0.42%
BrazilEmerging Markets 1.21% 0.45% 0.76%
IrelandEurope 1.14% 0.08% 1.06%
Hong KongPacific 0.83% 0.48% 0.35%
SwedenEurope 0.79% 0.72% 0.07%

Holdings details

As at 30 Jun 2026

Holding name% of market valueSectorRegionMarket valueShares
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

Total allocation percentages shown in the holdings details or the spreadsheet may not equal 100%, due to rounding or omission of cash and/or derivative instruments.

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

Weighted equity exposures exclude any temporary cash investments and equity index derivatives.

Prices and distribution

Prices

NAV Price (GBP)
£328.75
GBP
Change
-£2.32-0.70%
At closure 15 Sept 2026
NAV 52-week high
£341.14
At closure 16 Sept 2026
NAV 52-week low
£290.05
At closure 16 Sept 2026
NAV 52-week difference
£51.09
Change
+14.98%
At closure 16 Sept 2026
Historical Prices

-

Inception date

25 May 2016

Date NAV (GBP)
15 Sept 2026 £328.7508
14 Sept 2026 £331.0730
11 Sept 2026 £331.1244
10 Sept 2026 £330.5895
09 Sept 2026 £332.0187
08 Sept 2026 £334.7855
07 Sept 2026 £337.7878
04 Sept 2026 £336.9944
03 Sept 2026 £337.0149
02 Sept 2026 £334.4115

Distribution history

Distribution frequency

—

Historical performance 31 Aug 2026

0.93%

All dividends are reinvested for the "Accumulation" shares.

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

Purchase information

Currency

Base currency:GBP

Fund codes

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

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

SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group PLC. SEDOL data was extracted from the London Stock Exchange SEDOL Masterfile®.