The Fund seeks to hold investments that will pay out money and increase in value through a portfolio comprising approximately 20% shares and 80% bonds.
The Fund gains exposure to shares and bonds and other similar fixed income investments by investing more than 90% of its assets in Vanguard passive funds that track an index (“Associated Schemes”). Direct investment in shares and bonds and other similar fixed income investments may also be made.
The Fund is actively managed in that the Investment Adviser has discretion in respect of the Associated Schemes in which the Fund may invest and the allocations to them, each of which may change over time. The Investment Adviser manages the Fund through the pre-determined exposure to shares and bonds (and other similar fixed income investments), as detailed above.
The Fund will have exposure to shares of UK companies and non-UK companies (including emerging markets (i.e. 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)), and to Sterling-denominated and non-Sterling denominated bonds (including government bonds, index-linked bonds and UK investment-grade bonds). The UK will generally form one of the largest single country exposures for shares and bonds.
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.
Fund facts
Share class inception
23 Jun 2011
Minimum initial investment
£100,000.00
Investment structure
UK OEIC
Share Class Assets'
Total Assets
Asset Class
Multi-Asset
Domicile
United Kingdom
Strategy
Index
Currency
GBP
Investment manager
Vanguard Asset Management, Ltd.
Europe Equity Index Team
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Portfolio data
Allocation to underlying Vanguard funds
As at 30 Sep 2025
Percentage
Global Bond Index Fund GBP Hedged Acc
18.02%
U.K. Government Bond Index Fund GBP Acc
15.00%
FTSE Developed World ex-U.K. Equity Index Fund GBP Acc
13.40%
Global Aggregate Bond UCITS ETF GBP Hedged Accumulating
13.21%
U.S. Government Bond Index Fund GBP Hedged Acc
6.67%
U.K. Investment Grade Bond Index Fund GBP Acc
6.31%
U.S. Investment Grade Credit Index Fund GBP Hedged Acc
5.55%
U.K. Inflation-Linked Gilt Index Fund GBP Acc
5.30%
Euro Government Bond Index Fund GBP Hedged Acc
5.26%
FTSE U.K. All Share Index Unit Trust GBP Acc
5.01%
Euro Investment Grade Bond Index Fund GBP Hedged Acc
3.02%
Japan Government Bond Index Fund GBP Hedged Acc
1.61%
Emerging Markets Stock Index Fund GBP Acc
1.60%
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at 30 Sep 2025
Percentage
Bond
79.95%
Short-term reserves
0.03%
Stock
20.02%
Prices and distribution
Prices
NAV Price (GBP)
£141.47
Change
-£0.06-0.04%
At closure 29 Oct 2025
NAV 52-week high
£141.53
At closure 30 Oct 2025
NAV 52-week low
£129.74
At closure 30 Oct 2025
NAV 52-week difference
£11.78
Change
+8.33%
At closure 30 Oct 2025
Historical Prices
-
Inception date
23 Jun 2011
Date
NAV (GBP)
29 Oct 2025
£141.4654
28 Oct 2025
£141.5261
27 Oct 2025
£141.3080
24 Oct 2025
£140.9607
23 Oct 2025
£140.8053
22 Oct 2025
£140.7225
21 Oct 2025
£140.4712
20 Oct 2025
£140.2158
17 Oct 2025
£139.8313
16 Oct 2025
£140.0044
Distribution history
Distribution frequency
Annually
Historical performance 30 Sep 2025
2.87%
Type
Distribution amount (per unit)
Ex-dividend date
Registration date
Payable date
Income
£3.9773
01 Apr 2025
31 Mar 2025
30 May 2025
Income
£3.4886
02 Apr 2024
28 Mar 2024
31 May 2024
Income
£2.1952
03 Apr 2023
31 Mar 2023
31 May 2023
Income
£1.8748
01 Apr 2022
31 Mar 2022
31 May 2022
Income
£1.7337
01 Apr 2021
31 Mar 2021
28 May 2021
Income
£2.1605
01 Apr 2020
31 Mar 2020
29 May 2020
Income
£2.2102
01 Apr 2019
29 Mar 2019
31 May 2019
Income
£1.9217
03 Apr 2018
29 Mar 2018
31 May 2018
Income
£0.2972
03 Apr 2017
31 Mar 2017
31 May 2017
Income
£1.5437
01 Feb 2017
31 Jan 2017
31 Mar 2017
Purchase information
Currency
Base currency: GBP
Fund codes
Bloomberg: VGLS20I
ISIN: GB00B4620290
MEX ID: VVLFSQ
SEDOL: B462029
The sum of investment management fees (the fees paid to the portfolio manager to invest your money and manage the fund) and administrative and other expenses (which cover all costs and expenses connected with the operation of the fund, which includes administrative fees, shareholder's registration and transfer agency fees, custody fees and all other operating expenses).