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    • Target Retirement 2015 Fund

    Target Retirement 2015 Fund - GBP Acc (VAR15GA)

    Related Documents
    NAV Price ()
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    About this fund

    Fund objectives

    • 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) over the long-term (5 years or more) for investors who retired in or within approximately five years after 2015.
    • The Fund seeks to achieve its investment objective by investing at least 80% of its assets 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”).
    • It is intended that the Fund will invest in Associated Schemes which (i) provide exposure to shares issued by companies worldwide; and (ii) provide exposure to government and corporate bonds and other similar fixed income investments issued worldwide. In the case of both shares and bonds, the UK will generally form one of the largest single country exposures.
    • 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 periodic rebalancing of its exposure to shares and bonds (and other similar fixed income investments).
    • The Fund’s asset allocation has become more conservative over time. The Fund’s strategic asset allocation gradually became conservative by increasing the weighting of lower risk (such as bonds) investments, versus higher risk investments (such as shares), with the aim of reducing its exposure to short term changes in the value of its investments and the risk of erosion in the value of the investments of the Fund. The Fund aims to have a stable investment allocation comprised of approximately 70% bonds and similar investments and 30% shares.
    • The Fund may also invest up to 20% of its assets directly in 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
    17 Dec 2015
    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 30 Apr 2026

    Percentage
    Global Aggregate Bond UCITS ETF GBP Hedged Accumulating 19.72%
    FTSE Developed World ex-U.K. Equity Index Fund GBP Acc 19.45%
    Global Bond Index Fund GBP Hedged Acc 19.02%
    United Kingdom Inflation-Linked Gilt 17.98%
    FTSE U.K. All Share Index Unit Trust GBP Acc 5.60%
    U.S. Government Bond Index Fund GBP Hedged Acc 3.26%
    U.S. Investment Grade Credit Index Fund GBP Hedged Acc 2.65%
    Euro Government Bond Index Fund GBP Hedged Acc 2.50%
    Emerging Markets Stock Index Fund GBP Acc 2.45%
    U.K. Government Bond Index Fund GBP Acc 2.28%
    FTSE 100 UCITS ETF (GBP) Accumulating 1.99%
    Euro Investment Grade Bond Index Fund GBP Hedged Acc 1.44%
    U.K. Investment Grade Bond Index Fund GBP Acc 0.80%
    Japan Government Bond Index Fund GBP Hedged Acc 0.73%
    U.S. Equity Index Fund GBP Acc 0.51%
    FTSE North America UCITS ETF (USD) Accumulating 0.14%
    FTSE Developed Europe ex-U.K. Equity Index Fund GBP Acc 0.11%
    Japan Stock Index Fund GBP Acc 0.06%
    Pacific ex-Japan Stock Index Fund GBP Acc 0.02%

    Total allocation percentages shown may not equal 100% due to rounding

    Allocation percentages reflect the breakdown of security type.

    Asset allocation

    As at 30 Apr 2026

    Percentage
    Bond 69.67%
    Stock 30.33%

    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. Some short-term fixed income securities are classified as cash and are excluded from the weighted bond exposures.

    Prices and distribution

    Prices

    NAV Price (GBP)
    £173.72
    Change
    -£0.11-0.06%
    At closure 08 Jun 2026
    NAV 52-week high
    £175.22
    At closure 09 Jun 2026
    NAV 52-week low
    £158.89
    At closure 09 Jun 2026
    NAV 52-week difference
    £16.33
    Change
    +9.32%
    At closure 09 Jun 2026
    Historical Prices

    -

    Inception date

    17 Dec 2015

    Date NAV (GBP)
    08 Jun 2026 £173.7155
    05 Jun 2026 £173.8210
    04 Jun 2026 £174.8533
    03 Jun 2026 £174.7735
    02 Jun 2026 £175.2160
    01 Jun 2026 £174.9990
    29 May 2026 £175.0689
    28 May 2026 £174.6641
    27 May 2026 £174.5370
    26 May 2026 £174.3149

    Distribution history

    Distribution frequency

    —

    Historical performance 31 May 2026

    2.30%

    All dividends are reinvested for the "Accumulation" shares.

    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:VAR15GA
    • ISIN:GB00BZ6VHV15
    • MEX ID:VVXXA
    • SEDOL:BZ6VHV1

    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®.