Vanguard LifeStrategy 20% Equity Fund A Gross Acc

The fund's core objective is to deliver both long-term capital growth and regular income. It achieves this by investing in a broadly diversified portfolio, which is typically composed of around 20% shares (equities) and approximately 80% bonds and similar fixed-income securities. To meet its goals, the fund primarily allocates over 90% of its assets to passive, index-tracking funds. These underlying funds are managed or operated by the Approved Corporate Director (ACD) or its affiliates.