The Fund seeks to provide a combination of long-term capital appreciation with a moderate level of income by investing in equity and fixed income securities, primarily through investment in other collective investment schemes.
The Fund pursues an actively-managed investment strategy whereby the investment manager has discretion over the composition of the Fund’s portfolio holdings and is not managed with reference to a benchmark index. However, as more particularly described below, the investment manager manages the Fund through pre-determined asset allocations to equity and fixed income securities using a combination of underlying collective investment schemes.
The Fund will seek to achieve its investment objective by gaining exposure to a diversified portfolio composed approximately of 60% by value of equity securities and 40% by value of fixed income securities, which will, subject to the requirements of the Central Bank, be obtained predominantly via direct investment in passively managed exchange traded funds (“ETFs”) or other collective investment schemes which track an index (together the “Target Funds”). The portfolio asset allocation may be reconstituted and rebalanced from time to time at the discretion of the investment manager. The Target Funds in which the Fund invests will be UCITS and may include other sub-funds of Vanguard Funds plc.
It is intended that the Fund’s indirect exposures, through its investment in the Target Funds, will be to: (1) shares of companies from developed and emerging markets; and (2) to fixed income securities, such as bonds, denominated in multiple currencies, from both developed and emerging markets issuers (for example, global investment grade debt, including treasury, governmentrelated, corporate and securitised fixed-rate bonds). The Fund’s exposure to the Target Funds is not intended to reflect any geographic or sectoral bias. The Fund will seek to indirectly hedge the non-EUR currency exposure within the fixed income allocation of the Fund’s portfolio to EUR, by investing in EUR hedged share classes of the Target Funds.
The Fund may use derivatives in order to reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or reduce exposure to underlying assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a financial contract whose value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.
Fund facts
Share class inception
08 Dec 2020
Minimum initial investment
—
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Strategy
Active
Asset Class
Multi-Asset
Domicile
Ireland
Dividend schedule
Semi-Annually
Currency
EUR
Investment manager
Vanguard Asset Management, Ltd.
Europe Equity Index Team
Register countries
Ireland, Liechtenstein, Norway, Belgium, Luxembourg, Sweden, Netherlands, Portugal, Spain, United Kingdom, Denmark, Finland, Guernsey, C.I., Italy, Jersey, C.I., Austria, Germany, Isle of Man, France and Switzerland
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
ETF broker's basket of securities
As at 29 Oct 2025
Base currency: EUR
Listed currencies: EUR
Name
Quantity
Vanguard EUR Corporate Bond UCITS ETF
97
Vanguard EUR Eurozone Government Bond UCITS ETF
592
Vanguard FTSE All-World UCITS ETF
372
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF
61
Vanguard FTSE Developed Europe UCITS ETF
147
Vanguard FTSE Developed World UCITS ETF
471
Vanguard FTSE Emerging Markets UCITS ETF
171
Vanguard FTSE Japan UCITS ETF
87
Vanguard FTSE North America UCITS ETF
241
Vanguard Global Aggregate Bond UCITS ETF
2,233
Allocation to underlying Vanguard funds
As at 30 Jun 2025
Percentage
Global Aggregate Bond UCITS ETF EUR Hedged Accumulating
19.26%
FTSE All-World UCITS ETF (USD) Accumulating
19.18%
FTSE Developed World UCITS ETF (USD) Accumulating
19.15%
FTSE North America UCITS ETF (USD) Accumulating
12.81%
USD Treasury Bond UCITS ETF EUR Hedged Accumulating
7.62%
EUR Eurozone Government Bond UCITS ETF (EUR) Accumulating
5.11%
USD Corporate Bond UCITS ETF EUR Hedged Accumulating
FTSE Developed Europe UCITS ETF (EUR) Accumulating
2.99%
EUR Corporate Bond UCITS ETF (EUR) Accumulating
1.83%
FTSE Japan UCITS ETF (USD) Accumulating
1.12%
U.K. Gilt UCITS ETF EUR Hedged Accumulating
0.88%
FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating
0.74%
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at 30 Sep 2025
Percentage
Bond
39.50%
Short-term reserves
0.07%
Stock
60.43%
Prices and distribution
Prices
NAV Price (EUR)
€30.92
Change
-€0.01-0.04%
At closure 28 Oct 2025
NAV 52-week high
€30.94
At closure 29 Oct 2025
NAV 52-week low
€26.59
At closure 29 Oct 2025
NAV 52-week difference
€4.35
Change
+14.06%
At closure 29 Oct 2025
Historical Prices
-
Inception date
08 Dec 2020
Listing date
18 Feb 2021
Date
NAV (EUR)
Market price (EUR)
29 Oct 2025
—
€31.0150
28 Oct 2025
€30.9235
€30.9600
27 Oct 2025
€30.9365
€30.9250
24 Oct 2025
€30.7362
€30.7500
23 Oct 2025
€30.6463
€30.6400
22 Oct 2025
€30.5938
€30.6150
21 Oct 2025
€30.6721
€30.7050
20 Oct 2025
€30.5940
€30.5700
17 Oct 2025
€30.3457
€30.3050
16 Oct 2025
€30.3586
€30.4850
Distribution history
Distribution frequency
Semi-Annually
Historical performance 30 Sep 2025
2.29%
Type
Distribution amount (per unit)
Ex-dividend date
Registration date
Payable date
Income
€0.3503
19 Jun 2025
20 Jun 2025
02 Jul 2025
Income
€0.3400
12 Dec 2024
13 Dec 2024
27 Dec 2024
Income
€0.3574
13 Jun 2024
14 Jun 2024
26 Jun 2024
Income
€0.2836
14 Dec 2023
15 Dec 2023
27 Dec 2023
Income
€0.3229
15 Jun 2023
16 Jun 2023
28 Jun 2023
Income
€0.2375
15 Dec 2022
16 Dec 2022
28 Dec 2022
Income
€0.2973
16 Jun 2022
17 Jun 2022
29 Jun 2022
Income
€0.2025
16 Dec 2021
17 Dec 2021
29 Dec 2021
Income
€0.3125
17 Jun 2021
18 Jun 2021
30 Jun 2021
Purchase information
Currencies and stock exchanges
Listed currencies: EUR
Base currency: EUR
Exchanges: Deutsche Boerse, Borsa Italiana S.p.A., NYSE Euronext - Amsterdam
Fund codes
Ticker iNav Bloomberg: IV60DEUR
Bloomberg: V60D NA
Exchange ticker: V60D
ISIN: IE00BMVB5Q68
MEX ID: VRAAAN
Reuters: V60D.AS
SEDOL: BN7J5D8
Ticker iNav Bloomberg: IV60DEUR
Bloomberg: V60D NA
Exchange ticker: V60D
ISIN: IE00BMVB5Q68
Reuters: V60D.AS
SEDOL: BN7J5D8
Ticker iNav Bloomberg: IV60DEUR
Exchange ticker: VNGD60
Bloomberg: VNGD60 IM
ISIN: IE00BMVB5Q68
Reuters: VNGD60.MI
SEDOL: BN2YCM6
Ticker iNav Bloomberg: IV60DEUR
Bloomberg: V60D GY
Exchange ticker: V60D
ISIN: IE00BMVB5Q68
Reuters: V60D.DE
SEDOL: BN2YCL5
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).