The Fund seeks to hold investments that will pay out money and increase in value through a portfolio comprising approximately 60% shares and 40% bonds and other similar fixed income investments.
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
FTSE Developed World ex-U.K. Equity Index Fund GBP Acc
19.52%
Global Bond Index Fund GBP Hedged Acc
19.09%
U.S. Equity Index Fund GBP Acc
16.37%
FTSE U.K. All Share Index Unit Trust GBP Acc
14.92%
U.K. Government Bond Index Fund GBP Acc
7.21%
Emerging Markets Stock Index Fund GBP Acc
4.87%
U.K. Investment Grade Bond Index Fund GBP Acc
3.57%
Global Aggregate Bond UCITS ETF GBP Hedged Accumulating
2.92%
FTSE Developed Europe ex-U.K. Equity Index Fund GBP Acc
2.86%
U.K. Inflation-Linked Gilt Index Fund GBP Acc
1.78%
Japan Stock Index Fund GBP Acc
1.50%
U.S. Government Bond Index Fund GBP Hedged Acc
1.43%
U.S. Investment Grade Credit Index Fund GBP Hedged Acc
1.18%
Euro Government Bond Index Fund GBP Hedged Acc
1.11%
Pacific ex-Japan Stock Index Fund GBP Acc
0.70%
Euro Investment Grade Bond Index Fund GBP Hedged Acc
0.63%
Japan Government Bond Index Fund GBP Hedged Acc
0.35%
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at 30 Sep 2025
Percentage
Bond
39.27%
Stock
60.73%
Prices and distribution
Prices
NAV Price (GBP)
£225.73
Change
+£0.380.17%
At closure 29 Oct 2025
NAV 52-week high
£225.73
At closure 30 Oct 2025
NAV 52-week low
£188.73
At closure 30 Oct 2025
NAV 52-week difference
£37.00
Change
+16.39%
At closure 30 Oct 2025
Historical Prices
-
Inception date
23 Jun 2011
Date
NAV (GBP)
29 Oct 2025
£225.7346
28 Oct 2025
£225.3568
27 Oct 2025
£224.7179
24 Oct 2025
£223.6547
23 Oct 2025
£222.7617
22 Oct 2025
£221.9405
21 Oct 2025
£221.6228
20 Oct 2025
£221.1645
17 Oct 2025
£219.8528
16 Oct 2025
£220.1314
Distribution history
Distribution frequency
Annually
Historical performance 30 Sep 2025
1.96%
Type
Distribution amount (per unit)
Ex-dividend date
Registration date
Payable date
Income
£4.2840
01 Apr 2025
31 Mar 2025
30 May 2025
Income
£3.8840
02 Apr 2024
28 Mar 2024
31 May 2024
Income
£3.1652
03 Apr 2023
31 Mar 2023
31 May 2023
Income
£2.6131
01 Apr 2022
31 Mar 2022
31 May 2022
Income
£2.2798
01 Apr 2021
31 Mar 2021
28 May 2021
Income
£2.8808
01 Apr 2020
31 Mar 2020
29 May 2020
Income
£2.6796
01 Apr 2019
29 Mar 2019
31 May 2019
Income
£2.3248
03 Apr 2018
29 Mar 2018
31 May 2018
Income
£2.3758
03 Apr 2017
31 Mar 2017
31 May 2017
Income
£1.8827
01 Apr 2016
31 Mar 2016
31 May 2016
Purchase information
Currency
Base currency: GBP
Fund codes
Bloomberg: VGLS60I
ISIN: GB00B4R2F348
MEX ID: VVLFSY
SEDOL: B4R2F34
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).