Vanguard FTSE Developed World ex UK Equity Index

Tracks an index of mainly large cap equities based in advanced economies.

  • 39304.65p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 48262.02p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.15%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.15%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 1.50%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 09 April 2021, fund data last updated 03 November 2015

This is a tracker fund, aiming to match the performance of the FTSE Developed ex UK index. This is an equity index consisting of large and medium sized companies from advanced economies, and typically it has a high weighting to North America, with the balance split between Asia/Australasia and Europe. To achieve its objective, the fund uses a physical replication methodology.

Fund summary

Sector Global
Structure OEIC
Launched June, 2009
Size £9,254m
Yield 1.50%
Charging basis Income
Dividends paid 31 Dec

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.15%
Ongoing charges figure 0.15%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

Vanguard is one of the largest asset managers in the US and is a leading provider of passive strategies globally. It is structured as a 'mutual' (client-owned) which allows the group to return profits to fund shareholders in the form of lower expenses. The Vanguard FTSE Developed World ex-UK Equity Index fund seeks to track the performance of the FTSE Developed ex UK Index. The fund employs an indexing investment strategy designed to achieve a result consistent with the replication of the Index by investing in all, or a representative sample of, the securities that make up the Index, holding each stock in approximate proportion to its weighting in the Index. The fund engages in limited securities lending, where a maximum of 3% of the underlying securities may be lent out. Fees generated from the securities lending program are reinvested back into the fund.

This fund provides a simple, low cost way of investing in large cap Developed Markets equities. This index is made up of large, well known companies with global businesses which provides investors with both geographic and sector diversification. Investors should be aware, however, that the largest single sector in the portfolio is financials.

Manager research

Average monthly relative returns

  • 16/17 -0.07%
  • 17/18 -0.01%
  • 18/19 -0.13%
  • 19/20 -0.12%
  • 20/21 -0.08%

Bestinvest MRI

  • 3 years -0.11%
  • 5 years -0.08%
  • Career -0.08%
  • 3 years 0.60%
  • 5 years 0.50%
  • Career 0.50%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Vanguard Group

The Group launched an initial line up of index funds in the UK in June 2009 and has a range of other more diverse investment products. Chief Investment Officer (CIO) Tim Buckley oversees all investment activity at Vanguard. Vanguard Equity Investment Group oversees all passive and active equity portfolios, and alternatives strategies, managed by Vanguard. The group’s headquarters is at Vanguard’s campus in Malvern, Pennsylvania, United States.

Track record

Vanguard Group has 9.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.08%. During the worst period of relative performance (from July 2011 - October 2020) there was a decline of 10% relative to the index. The worst absolute loss has been 16%.

Periods of worst performance

Absolute -16.00% (December 2019 - March 2020)
Relative -10.00% (July 2011 - October 2020)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Top 10 holdings

Data accurate as at 31 July 2020

4.0067% Apple Inc
3.539% Microsoft Corp
3.0946% Amazon.com Inc
2.0432% Alphabet Inc. Class A
1.4059% Facebook Inc
.8857% Johnson & Johnson
.8836% Berkshire Hathaway Inc
.7908% Nestle Sa
.7412% Visa Inc
.7376% Procter & Gamble Co
Source: Trustnet

Sector breakdown

Technology 22.00%
Financials 16.00%
Health Care 13.00%
Industrials 12.00%
Consumer Services 12.00%
Consumer Goods 11.00%
Basic Materials 3.00%
Utilities 3.00%
Oil & Gas 3.00%
Telecommunications 2.00%

Portfolio

As at 30/09/15: 1,982 stocks (index: 1,993 stocks).

Key Investor Information - Income

Download

Key Investor Information - Accumulation

Download