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    • Active U.K. Equity Fund - GBP Inc (VAAUKAI)

    Available in other share classes
    Related Documents
    Vanguard has made the decision to permanently close the Vanguard Active U.K. Equity Fund, effective 22 April 2026. For more information please go to the ‘Fund announcements’ webpage page located via ‘UK registered fund document directory’, and then the ‘UK domiciled fund documents’ header, which will take you to the shareholder notice dated 20 January 2026.
    NAV Price ()
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    Number of stocks
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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 will seek to achieve its investment objective by investing primarily in shares of U.K. companies, being those which are incorporated, domiciled or conduct a significant portion of their business in the U.K. Such companies may also be listed in the U.K. Under normal circumstances, at least 80% of the Fund's assets will be invested in shares of such companies.
    • 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 may invest in companies of all sizes and across a range of different economic sectors and industry groups. These investments are chosen mainly on the basis of an investment approach that focuses on analysing individual shares rather than stock markets.
    • 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-Share 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
    15 Oct 2019
    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
    Annually
    Tax status
    —
    Currency
    GBP
    Legal entity
    Vanguard® Investments Funds ICVC
    Investment manager

    Baillie Gifford Overseas Ltd.
    Schroder Investment Management North America Inc.

    Benchmark
    FTSE All-Share 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 28 Feb 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 74 533 28 Feb 2026
    Median market capital 7.0 B 60.3 B 28 Feb 2026
    18.3 x 16.3 x 28 Feb 2026
    2.9 x 2.2 x 28 Feb 2026
    15.5% 11.8% 28 Feb 2026
    15.9% 18.5% 28 Feb 2026
    Portfolio turnover rate 17.6% — 31 Jan 2026

    Market allocation

    As at 28 Feb 2026

    CountryRegionFundBenchmarkVariance +/-
    United KingdomEurope 99.18% 100.00% -0.82%
    JerseyEurope 0.53% 0.00% 0.53%
    United States of AmericaNorth America 0.29% 0.00% 0.29%

    Holdings details

    As at 31 Dec 2025

    Holding name% of market valueSectorRegionMarket valueShares
    Games Workshop Group PLC 4.10270% Consumer Discretionary GB £2,012,520.40 10,637
    HSBC Holdings PLC 3.22780% Financials GB £1,583,350.56 134,891
    AstraZeneca PLC 3.21294% Health Care GB £1,576,059.10 11,429
    Prudential PLC 2.84380% Financials GB £1,394,985.28 121,886
    4imprint Group PLC 2.62907% Consumer Discretionary GB £1,289,651.45 33,541
    Standard Chartered PLC 2.56254% Financials GB £1,257,016.02 68,991
    Rio Tinto PLC 2.35979% Basic Materials GB £1,157,561.28 19,312
    Experian PLC 2.27708% Industrials GB £1,116,986.82 33,214
    Schroder Unit Trusts Ltd/United Kingdom 2.21645% GB £1,087,246.90 1,076,482.08
    Burberry Group PLC 2.08049% Consumer Discretionary GB £1,020,555.18 80,422

    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)
    £111.88
    Change
    -£0.76-0.68%
    At closure 07 Apr 2026
    NAV 52-week high
    £118.76
    At closure 08 Apr 2026
    NAV 52-week low
    £92.18
    At closure 08 Apr 2026
    NAV 52-week difference
    £26.58
    Change
    +22.38%
    At closure 08 Apr 2026
    Historical Prices

    -

    Inception date

    15 Oct 2019

    Date NAV (GBP)
    07 Apr 2026 £111.8801
    02 Apr 2026 £112.6445
    01 Apr 2026 £112.1751
    31 Mar 2026 £109.9237
    30 Mar 2026 £109.1474
    27 Mar 2026 £108.2027
    26 Mar 2026 £109.2507
    25 Mar 2026 £110.2414
    24 Mar 2026 £108.6544
    23 Mar 2026 £108.4458

    Distribution history

    Distribution frequency

    Annually

    Historical performance 28 Feb 2026

    2.31%

    TypeDistribution amount (per unit)Ex-dividend dateRegistration datePayable date
    Income £2.7456 03 Nov 2025 31 Oct 2025 31 Dec 2025
    Income £2.6669 01 Nov 2024 31 Oct 2024 31 Dec 2024
    Income £2.4336 01 Nov 2023 31 Oct 2023 29 Dec 2023
    Income £1.9123 01 Nov 2022 31 Oct 2022 30 Dec 2022
    Income £1.8991 01 Nov 2021 29 Oct 2021 31 Dec 2021
    Income £1.3125 02 Nov 2020 30 Oct 2020 31 Dec 2020
    Income £0.0251 01 Nov 2019 31 Oct 2019 31 Dec 2019

    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: VAAUKAI
    • Citi: QJH1
    • ISIN: GB00BK1XR392
    • MEX ID: VVAAAQ
    • SEDOL: BK1XR39

    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®.