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 planning to retire in or within approximately five years after 2030.
The Fund seeks to achieve its investment objective by investing at least 90% 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).
Initially, the Fund’s portfolio will be comprised of approximately 70% by value of shares and 30% by value of bonds and other similar fixed income investments.
The Fund’s strategic allocation will alter gradually as the target year is approached and passed, becoming more conservative by moving from higher risk (such as shares) to mainly lower risk (such as bonds) investments, 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. It is anticipated that, within seven years after 2030, the Fund will have a stable investment allocation comprised of approximately 70% bonds and other similar fixed income investments and 30% shares.
The Fund may also invest up to 10% 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 cashexcept 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 Nov 2025
Percentage
FTSE Developed World ex-U.K. Equity Index Fund GBP Acc
19.31%
Global Bond Index Fund GBP Hedged Acc
19.25%
U.S. Equity Index Fund GBP Acc
11.90%
FTSE U.K. All Share Index Unit Trust GBP Acc
11.25%
Global Aggregate Bond UCITS ETF GBP Hedged Accumulating
9.03%
U.K. Government Bond Index Fund GBP Acc
8.34%
Emerging Markets Stock Index Fund GBP Acc
4.61%
FTSE North America UCITS ETF (USD) Accumulating
3.98%
FTSE 100 UCITS ETF (GBP) Accumulating
3.65%
U.K. Investment Grade Bond Index Fund GBP Acc
3.50%
FTSE Developed Europe ex-U.K. Equity Index Fund GBP Acc
2.75%
Japan Stock Index Fund GBP Acc
1.41%
Pacific ex-Japan Stock Index Fund GBP Acc
0.59%
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at 30 Nov 2025
Percentage
Bond
40.44%
Short-term reserves
0.10%
Stock
59.46%
Prices and distribution
Prices
NAV Price (GBP)
£217.29
Change
+£1.090.50%
At closure 09 Jan 2026
NAV 52-week high
£217.29
At closure 12 Jan 2026
NAV 52-week low
£179.76
At closure 12 Jan 2026
NAV 52-week difference
£37.53
Change
+17.27%
At closure 12 Jan 2026
Historical Prices
-
Inception date
17 Dec 2015
Date
NAV (GBP)
09 Jan 2026
£217.2906
08 Jan 2026
£216.2001
07 Jan 2026
£216.2646
06 Jan 2026
£216.3546
05 Jan 2026
£215.2586
02 Jan 2026
£214.1354
31 Dec 2025
£214.1398
30 Dec 2025
£214.7670
29 Dec 2025
£214.4657
24 Dec 2025
£214.2487
Distribution history
Distribution frequency
—
Historical performance 31 Dec 2025
2.03%
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currency
Base currency: GBP
Fund codes
Bloomberg: VAR30GA
ISIN: GB00BZ6VJD72
MEX ID: VVXXD
SEDOL: BZ6VJD7
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).