The Fund seeks to provide a combination of long-term capital appreciation with some 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 80% by value of equity securities and 20% 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
France, Germany, Isle of Man, Jersey, C.I., Portugal, Switzerland, United Kingdom, Italy, Finland, Liechtenstein, Austria, Belgium, Spain, Sweden, Norway, Guernsey, C.I., Ireland, Luxembourg, Netherlands and Denmark
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 31 Oct 2025
Base currency: EUR
Listed currencies: EUR
Name
Quantity
Vanguard EUR Corporate Bond UCITS ETF
4
Vanguard EUR Eurozone Government Bond UCITS ETF
25
Vanguard FTSE All-World UCITS ETF
437
Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF
147
Vanguard FTSE Developed Europe UCITS ETF
352
Vanguard FTSE Developed World UCITS ETF
553
Vanguard FTSE Emerging Markets UCITS ETF
300
Vanguard FTSE Japan UCITS ETF
209
Vanguard FTSE North America UCITS ETF
428
Vanguard Global Aggregate Bond UCITS ETF
2,644
Allocation to underlying Vanguard funds
As at 30 Sep 2025
Percentage
FTSE Developed World UCITS ETF (USD) Accumulating
19.25%
FTSE North America UCITS ETF (USD) Accumulating
19.23%
FTSE All-World UCITS ETF (USD) Accumulating
19.21%
Global Aggregate Bond UCITS ETF EUR Hedged Accumulating
FTSE Developed Europe UCITS ETF (EUR) Accumulating
5.63%
FTSE Japan UCITS ETF (USD) Accumulating
2.27%
FTSE Developed Asia Pacific ex Japan UCITS ETF (USD) Accumulating
1.48%
USD Treasury Bond UCITS ETF EUR Hedged Accumulating
0.27%
EUR Eurozone Government Bond UCITS ETF (EUR) Accumulating
0.19%
USD Corporate Bond UCITS ETF EUR Hedged Accumulating
0.18%
EUR Corporate Bond UCITS ETF (EUR) Accumulating
0.06%
U.K. Gilt UCITS ETF EUR Hedged Accumulating
0.03%
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at 30 Sep 2025
Percentage
Bond
19.88%
Short-term reserves
0.11%
Stock
80.01%
Prices and distribution
Prices
NAV Price (EUR)
€35.94
Change
+€0.070.21%
At closure 31 Oct 2025
NAV 52-week high
€35.92
At closure 31 Oct 2025
NAV 52-week low
€29.50
At closure 31 Oct 2025
NAV 52-week difference
€6.42
Change
+17.87%
At closure 31 Oct 2025
Historical Prices
-
Inception date
08 Dec 2020
Listing date
18 Feb 2021
Date
NAV (EUR)
Market price (EUR)
31 Oct 2025
€35.9407
€35.9850
30 Oct 2025
€35.8668
€36.0450
29 Oct 2025
€35.8872
€36.0450
28 Oct 2025
€35.8953
€35.9600
27 Oct 2025
€35.9213
€35.8750
24 Oct 2025
€35.6242
€35.6800
23 Oct 2025
€35.4779
€35.5050
22 Oct 2025
€35.3779
€35.4150
21 Oct 2025
€35.5002
€35.5350
20 Oct 2025
€35.3958
€35.4150
Distribution history
Distribution frequency
Semi-Annually
Historical performance 30 Sep 2025
1.83%
Type
Distribution amount (per unit)
Ex-dividend date
Registration date
Payable date
Income
€0.3332
19 Jun 2025
20 Jun 2025
02 Jul 2025
Income
€0.3040
12 Dec 2024
13 Dec 2024
27 Dec 2024
Income
€0.3500
13 Jun 2024
14 Jun 2024
26 Jun 2024
Income
€0.2586
14 Dec 2023
15 Dec 2023
27 Dec 2023
Income
€0.3202
15 Jun 2023
16 Jun 2023
28 Jun 2023
Income
€0.2353
15 Dec 2022
16 Dec 2022
28 Dec 2022
Income
€0.2996
16 Jun 2022
17 Jun 2022
29 Jun 2022
Income
€0.2120
16 Dec 2021
17 Dec 2021
29 Dec 2021
Income
€0.3519
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: IV80DEUR
Bloomberg: V80D NA
Exchange ticker: V80D
ISIN: IE00BMVB5S82
MEX ID: VRAAAL
Reuters: V80D.AS
SEDOL: BN7J5G1
Ticker iNav Bloomberg: IV80DEUR
Bloomberg: V80D NA
Exchange ticker: V80D
ISIN: IE00BMVB5S82
Reuters: V80D.AS
SEDOL: BN7J5G1
Ticker iNav Bloomberg: IV80DEUR
Exchange ticker: VNGD80
Bloomberg: VNGD80 IM
ISIN: IE00BMVB5S82
Reuters: VNGD80.MI
SEDOL: BN2ZDY8
Ticker iNav Bloomberg: IV80DEUR
Bloomberg: V80D GY
Exchange ticker: V80D
ISIN: IE00BMVB5S82
Reuters: V80D.DE
SEDOL: BN2YCQ0
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).