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    NAV Price ()
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    Number of stocks
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    Risk Indicator
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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 31 Oct 2025

    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 79 540 31 Oct 2025
    Median market capital 6.8 B 51.4 B 31 Oct 2025
    18.3 x 17.5 x 31 Oct 2025
    2.6 x 2.0 x 31 Oct 2025
    14.5% 9.6% 31 Oct 2025
    17.0% 12.6% 31 Oct 2025
    Portfolio turnover rate 22.3% — 31 Oct 2025

    Market allocation

    As at 31 Oct 2025

    CountryRegionFundBenchmarkVariance +/-
    United KingdomEurope 98.54% 100.00% -1.46%
    United States of AmericaNorth America 0.88% 0.00% 0.88%
    JerseyEurope 0.57% 0.00% 0.57%

    Holdings details

    As at 30 Sep 2025

    Holding name% of market valueSectorRegionMarket valueShares
    Games Workshop Group PLC 3.22856% Consumer Discretionary GB £1,545,556.10 10,637
    HSBC Holdings PLC 2.80631% Financials GB £1,343,420.65 128,557
    Prudential PLC 2.74899% Financials GB £1,315,980.15 126,415
    AstraZeneca PLC 2.66964% Health Care GB £1,277,990.78 11,429
    Auto Trader Group PLC 2.61566% Technology GB £1,252,150.28 158,862
    Schroder Unit Trusts Ltd/United Kingdom 2.55085% GB £1,221,127.63 1,207,841.37
    Experian PLC 2.53784% Industrials GB £1,214,898.02 32,641
    Standard Chartered PLC 2.52052% Financials GB £1,206,609.53 84,055
    AJ Bell PLC 2.50116% Financials GB £1,197,337.73 221,115
    4imprint Group PLC 2.22679% Consumer Discretionary GB £1,065,996.90 33,003

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

    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)
    £109.98
    Change
    +£0.100.09%
    At closure 19 Nov 2025
    NAV 52-week high
    £117.73
    At closure 20 Nov 2025
    NAV 52-week low
    £91.94
    At closure 20 Nov 2025
    NAV 52-week difference
    £25.79
    Change
    +21.90%
    At closure 20 Nov 2025
    Historical Prices

    -

    Inception date

    15 Oct 2019

    Date NAV (GBP)
    19 Nov 2025 £109.9787
    18 Nov 2025 £109.8755
    17 Nov 2025 £111.9522
    14 Nov 2025 £112.1165
    13 Nov 2025 £113.3497
    12 Nov 2025 £114.7866
    11 Nov 2025 £114.3516
    10 Nov 2025 £112.3766
    07 Nov 2025 £111.0923
    06 Nov 2025 £112.8484

    Distribution history

    Distribution frequency

    Annually

    Historical performance 31 Oct 2025

    2.28%

    TypeDistribution amount (per unit)Ex-dividend dateRegistration datePayable date
    Income £2.7443 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®.