fund
Vanguard LifeStrategy 80% Equity A
Low cost fund of funds using Vanguard's own range of index tracking products.
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20994.80p
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.
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24710.60p
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?
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0.00%
Initial chargeSome 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!
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0.22%
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).
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0.22%
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.
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1.70%
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…
The fund seeks to achieve income and/or capital returns through exposure to a diversified notional portfolio comprised of approximately 80% equity securities and 20% fixed income securities. The Fund will seek to achieve its investment objective predominantly through investment in passive, index-tracking collective investment schemes.
Fund summary
| Sector | Mixed Investment 40-85% Shares |
| Structure | OEIC |
| Launched | June, 2011 |
| Size | £5,210m |
| Yield | 1.70% |
| Charging basis | |
| Dividends paid | 31 May |
Charges
| Standard initial charge | 0.00% |
| Initial charge via Bestinvest | 0.00% |
| Additional bid/offer spread | 0.00% |
| Annual management charge | 0.22% |
| Ongoing charges figure | 0.22% |
Allocation
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Investment process
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
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Top 10 holdings
Data accurate as at 30 June 2020
| 19.4% | Vanguard Us Equity Index Acc Gbp |
| 19.3% | Vanguard Ftse Developed World Ex-Uk Equity Index Acc Gbp |
| 19.1% | Vanguard Ftse U.k. All Share Index Unit Trust A Acc Gbp |
| 14% | Vanguard Global Bond Index Fund |
| 6.7% | Vanguard Emerging Markets Stock Index Fund |
| 5.7% | Vanguard Ftse Developed Europe Ex-Uk Equity Index Acc Gbp |
| 4.5% | Vanguard S&P 500 Ucits Etf Gbp |
| 3.2% | Vanguard Japan Stock Index Institutional Acc Gbp |
| 2.5% | Vanguard Uk Government Bond Index Inc Gbp |
| 1.9% | Vanguard Uk Inflation-Linked Gilt Index Inc Gbp |
| Source: Trustnet |
Sector breakdown
| Fixed Interest | 14.00% |
| Information Technology | 13.00% |
| Financials | 12.00% |
| Health Care | 10.00% |
| Consumer Discretionary | 9.00% |
| Industrials | 8.00% |
| Consumer Staples | 8.00% |
| Communications | 6.00% |
| Materials | 5.00% |
| Energy | 4.00% |