Global Equity Income Fund - GBP Acc (VAGEIGA)

About this fund

Fund objectives

The Fund seeks to provide an annual level of income (gross of fees) greater than that of the FTSE Developed Index (the “Index”) together with an increase in the value of investments over the long-term (more than 5 years).
The Fund will seek to achieve its investment objective by investing primarily in shares of companies which tend to pay out a larger amount of money as income (gross of fees) than an equivalent investment in the Index would pay out. Such companies may be located anywhere in the world. Under normal circumstances, at least 80% of the Fund's assets will normally 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 generally invests in a diverse range of large and mid-size companies representing different economic sectors and industry groups. Companies are chosen because they consistently pay out money in the form of dividends from shares while also providing a reasonable increase in the value of investments over the long-term. 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 and those that are considered to have been undervalued by the market, providing exposure to 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 Developed 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

Vanguard Quantitative Equity Group
Wellington Management Company LLP

Benchmark

FTSE Developed 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	141	1,982	31 Dec 2025
Median market capital	50.5 B	132.7 B	31 Dec 2025
	15.9 x	23.9 x	31 Dec 2025
	2.2 x	3.5 x	31 Dec 2025
	13.7%	19.2%	31 Dec 2025
	14.0%	20.5%	31 Dec 2025
Portfolio turnover rate	61.8%	—	31 Oct 2025

Market allocation

As at 31 Dec 2025

Country	Region	Fund	Benchmark	Variance +/-
United States of America	North America	42.84%	69.31%	-26.47%
United Kingdom	Europe	13.16%	3.74%	9.42%
Japan	Pacific	8.01%	6.31%	1.70%
France	Europe	6.52%	2.55%	3.97%
Canada	North America	5.69%	3.33%	2.36%
Switzerland	Europe	3.39%	2.39%	1.00%
Italy	Europe	3.19%	0.87%	2.32%
Germany	Europe	2.88%	2.32%	0.56%
Norway	Europe	2.77%	0.14%	2.63%
Hong Kong	Pacific	2.69%	0.55%	2.14%
Spain	Europe	1.83%	0.95%	0.88%
Taiwan	Emerging Markets	1.49%	0.00%	1.49%
India	Emerging Markets	1.13%	0.00%	1.13%
South Korea	Pacific	1.12%	1.67%	-0.55%
Netherlands	Europe	0.81%	1.15%	-0.34%

Holdings details

As at 31 Dec 2025

Holding name	% of market value	Sector	Region	Market value	Shares
Merck & Co Inc	2.35363%	Health Care	US	£16,091,508.29	205,623
FinecoBank Banca Fineco SpA	2.12643%	Financials	IT	£14,538,142.67	749,997
AstraZeneca PLC	1.98211%	Health Care	GB	£13,551,433.00	98,270
Johnson & Johnson	1.92148%	Health Care	US	£13,136,916.85	85,382
Roche Holding AG	1.81514%	Health Care	CH	£12,409,881.35	40,293
Lamar Advertising Co	1.74746%	Real Estate	US	£11,947,205.53	126,952
Royal Bank of Canada	1.72489%	Financials	CA	£11,792,863.94	92,922
TotalEnergies SE	1.68033%	Energy	FR	£11,488,222.16	236,679
AIA Group Ltd	1.65203%	Financials	HK	£11,294,700.52	1,479,930
Bank of Nova Scotia/The	1.60639%	Financials	CA	£10,982,666.95	200,030

Prices and distribution

Prices

NAV Price (GBP)

£293.78

Change

+£1.180.40%

At closure 30 Jan 2026

NAV 52-week high

£295.88

At closure 01 Feb 2026

NAV 52-week low

£224.89

At closure 01 Feb 2026

NAV 52-week difference

£71.00

Change

+23.99%

At closure 01 Feb 2026

Historical Prices

Date	NAV (GBP)
30 Jan 2026	£293.7781
29 Jan 2026	£292.5954
28 Jan 2026	£290.4084
27 Jan 2026	£291.0894
26 Jan 2026	£290.8849
23 Jan 2026	£291.8988
22 Jan 2026	£293.3261
21 Jan 2026	£293.4523
20 Jan 2026	£292.0781
19 Jan 2026	£294.6506

Distribution history

All dividends are reinvested for the "Accumulation" shares.

Purchase information

Currency

Base currency: GBP

Fund codes

Bloomberg: VAGEIGA
Citi: N01Z
ISIN: GB00BZ82ZW98
MEX ID: VVXAD
SEDOL: BZ82ZW9