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)
£282.00
Change
-£0.20-0.07%
At closure 05 Nov 2025
NAV 52-week high
£282.65
At closure 06 Nov 2025
NAV 52-week low
£236.27
At closure 06 Nov 2025
NAV 52-week difference
£46.38
Change
+16.41%
At closure 06 Nov 2025
Historical Prices
-
Inception date
23 Jun 2011
Date
NAV (GBP)
05 Nov 2025
£281.9966
04 Nov 2025
£282.1918
03 Nov 2025
£282.2508
31 Oct 2025
£282.3317
30 Oct 2025
£282.4882
29 Oct 2025
£282.6545
28 Oct 2025
£282.1814
27 Oct 2025
£281.3814
24 Oct 2025
£280.0502
23 Oct 2025
£278.9320
Distribution history
Distribution frequency
—
Historical performance 30 Sep 2025
1.92%
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency: GBP
Fund codes
Bloomberg: VGLS60A
ISIN: GB00B3TYHH97
MEX ID: VVLFST
SEDOL: B3TYHH9
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).