The Fund seeks to provide a return on your investment (through an increase in the value of, and income received from, assets held by the Fund) within a pre-defined asset allocation over the medium term (3 years or more).
The Fund is actively managed and seeks to achieve its investment objective by investing at least 90% of its assets by value in a diversified portfolio of passive funds that seek to track the performance of an index, and which are managed or operated by the ACD or other companies in the Vanguard Group of Companies (“Associated Schemes”).
The pre-defined asset allocation for the Fund means that it is intended that the Fund will invest: (1) approximately 40% of its assets in Associated Schemes which provide exposure to shares of companies worldwide; and (2) approximately 60% of its assets by value in Associated Schemes which provide exposure to government and corporate bonds and other similar fixed income investments worldwide.
This Fund is part of a range of funds. Within this range, a fund which invests more in Associated Schemes that provide exposure to shares of companies will typically be riskier than a fund which invests more in Associated Schemes that provide exposure to government and corporate bonds and other similar fixed income investments.
In addition to the pre-defined asset allocation, the Investment Adviser will aim to maintain a strategic asset allocation that is designed using research conducted by Vanguard. The Fund does not aim to outperform this strategic asset allocation.
The Fund may also invest up to 10% of its assets directly in transferable securities (such as shares, bonds and other similar fixed income investments, which will generally be components of the indices tracked by the Associated Schemes), money market instruments and deposits.
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.
Fund facts
Share class inception
22 Jan 2026
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
Global Equity Index Management (GE)
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 31 Mar 2026
Percentage
Global Bond Index Fund GBP Hedged Acc
32.88%
FTSE Developed World ex-U.K. Equity Index Fund GBP Acc
26.27%
U.S. Government Bond Index Fund GBP Hedged Acc
7.92%
U.S. Equity Index Fund GBP Acc
6.60%
U.S. Investment Grade Credit Index Fund GBP Hedged Acc
6.43%
Euro Government Bond Index Fund GBP Hedged Acc
6.04%
Emerging Markets Stock Index Fund GBP Acc
4.01%
Euro Investment Grade Bond Index Fund GBP Hedged Acc
3.40%
Japan Government Bond Index Fund GBP Hedged Acc
1.70%
FTSE U.K. All Share Index Unit Trust GBP Acc
1.37%
FTSE Developed Europe ex-U.K. Equity Index Fund GBP Acc
1.14%
U.K. Government Bond Index Fund GBP Acc
0.77%
Japan Stock Index Fund GBP Acc
0.54%
U.K. Investment Grade Bond Index Fund GBP Acc
0.33%
Pacific ex-Japan Stock Index Fund GBP Acc
0.30%
U.K. Inflation-Linked Gilt Index Fund GBP Acc
0.27%
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at 31 Mar 2026
Percentage
Bond
59.74%
Short-term reserves
0.03%
Stock
40.23%
Prices and distribution
Prices
NAV Price (GBP)
£101.43
Change
+£0.270.26%
At closure 24 Apr 2026
NAV 52-week high
£102.07
At closure 26 Apr 2026
NAV 52-week low
£97.33
At closure 26 Apr 2026
NAV 52-week difference
£4.75
Change
+4.65%
At closure 26 Apr 2026
Historical Prices
-
Inception date
22 Jan 2026
Date
NAV (GBP)
24 Apr 2026
£101.4332
23 Apr 2026
£101.1652
22 Apr 2026
£101.4177
21 Apr 2026
£101.1856
20 Apr 2026
£101.4433
17 Apr 2026
£101.4581
16 Apr 2026
£100.9645
15 Apr 2026
£100.7791
14 Apr 2026
£100.4652
13 Apr 2026
£100.0682
Distribution history
Distribution frequency
Annually
Historical performance 31 Mar 2026
0.00%
Type
Distribution amount (per unit)
Ex-dividend date
Registration date
Payable date
Income
£0.2050
01 Apr 2026
31 Mar 2026
29 May 2026
Purchase information
Currency
Base currency: GBP
Fund codes
Bloomberg: VL40AGI
ISIN: GB00BVPLDT49
MEX ID: VAABNH
SEDOL: BVPLDT4
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).