{"annotation_id":"2e5c11a1-cdcd-43bc-8b5e-6248e7439e84","file_hash":"f205f38a47800f69ff908a5591521d1b74babd669d084ed08ece64b0ba1dc6bd","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"2ed6a5eb-c7bb-48c2-9fe2-275abfc3138d","block_type":"box","text":"1","page_number":1,"box":{"x":498,"y":956,"width":6,"height":7}},{"id":"dd291913-6e9e-44cc-934f-e3eda63347a7","block_type":"box","text":"0","page_number":1,"box":{"x":108,"y":528,"width":7,"height":7}},{"id":"6e696587-5f34-4aa6-950e-13af9eee50c5","block_type":"box","text":"40","page_number":1,"box":{"x":100,"y":509,"width":15,"height":7}},{"id":"f767aa52-ea58-4ff0-bf9f-4dea2aa14bc9","block_type":"box","text":"80","page_number":1,"box":{"x":100,"y":490,"width":15,"height":7}},{"id":"21c65642-2ccf-4e1a-ab80-96122094b2a3","block_type":"box","text":"120","page_number":1,"box":{"x":95,"y":472,"width":20,"height":6}},{"id":"e0feb7ed-46dd-40dd-a554-3658a1694a13","block_type":"box","text":"160","page_number":1,"box":{"x":95,"y":453,"width":20,"height":7}},{"id":"e2e54c46-f7fb-4732-a1c5-625bd38adee7","block_type":"box","text":"200","page_number":1,"box":{"x":92,"y":434,"width":23,"height":7}},{"id":"581116d5-47e7-4be4-9f65-221ac975c007","block_type":"box","text":"240","page_number":1,"box":{"x":94,"y":415,"width":21,"height":7}},{"id":"d5b326ba-d8af-49c1-9f09-6ec1cc9cc40b","block_type":"box","text":"280","page_number":1,"box":{"x":93,"y":396,"width":22,"height":7}},{"id":"80332604-5a63-40b4-94f6-79be6bc45b14","block_type":"box","text":"320","page_number":1,"box":{"x":94,"y":377,"width":21,"height":7}},{"id":"37235b8e-b74a-405f-90b6-6ac8676d1cea","block_type":"box","text":"Vanguard LifeStrategy 60% Equity Fund (Income shares)","page_number":1,"box":{"x":274,"y":501,"width":328,"height":8}},{"id":"b1797910-a48d-4f02-8d25-e1ae03b05caf","block_type":"box","text":"IA Mixed Investment 40-85% Shares","page_number":1,"box":{"x":275,"y":515,"width":207,"height":7}},{"id":"e06926e8-fe46-4e4e-8d15-3c1a3d408f9d","block_type":"box","text":"Fund facts","page_number":1,"box":{"x":681,"y":241,"width":60,"height":6}},{"id":"7ee885d1-59b4-407b-893d-88ffbdf3a686","block_type":"box","text":"Total fund assets","page_number":1,"box":{"x":680,"y":257,"width":99,"height":6}},{"id":"550dfcfe-ada9-442d-80a6-bb4a8dad7275","block_type":"box","text":"£19,330mn","page_number":1,"box":{"x":866,"y":257,"width":60,"height":7}},{"id":"a96bef62-1dc4-4984-8810-aecd3540b13e","block_type":"box","text":"Share class assets","page_number":1,"box":{"x":681,"y":273,"width":103,"height":6}},{"id":"99989bb1-65c7-4230-a7be-fa9e41a2b5f0","block_type":"box","text":"£1,300mn","page_number":1,"box":{"x":871,"y":273,"width":55,"height":7}},{"id":"0419da3e-8fa4-4366-b0cb-d1fe1962a2f5","block_type":"box","text":"Inception date","page_number":1,"box":{"x":681,"y":289,"width":81,"height":8}},{"id":"94098345-c612-445f-b2e1-4a8183a4af5e","block_type":"box","text":"23 June 2011","page_number":1,"box":{"x":856,"y":289,"width":70,"height":6}},{"id":"7e94ddf3-f59c-45a9-962e-d9423c0edfbe","block_type":"box","text":"Use of income","page_number":1,"box":{"x":681,"y":305,"width":79,"height":6}},{"id":"be3da7ae-55ef-44ca-8672-6de098caa98e","block_type":"box","text":"Paid out","page_number":1,"box":{"x":880,"y":306,"width":47,"height":6}},{"id":"3194b882-51ef-4ef4-8a28-36bd794bf012","block_type":"box","text":"ISA eligible","page_number":1,"box":{"x":681,"y":322,"width":61,"height":7}},{"id":"16e5fc90-495b-4328-8f4b-8e2ac04784bb","block_type":"box","text":"Yes","page_number":1,"box":{"x":907,"y":322,"width":19,"height":6}},{"id":"299e71e5-1cdb-4afa-8419-9d62610cb54c","block_type":"box","text":"Domicile","page_number":1,"box":{"x":681,"y":338,"width":48,"height":6}},{"id":"4ea594ea-f558-4072-9678-4761d415a74f","block_type":"box","text":"UK","page_number":1,"box":{"x":911,"y":338,"width":16,"height":6}},{"id":"83f210a0-95f3-4b34-afdb-51ba15578c97","block_type":"box","text":"UK Reporting Status","page_number":1,"box":{"x":681,"y":354,"width":117,"height":8}},{"id":"486c0db0-7632-4e1c-b71f-46f03a80daae","block_type":"box","text":"Yes","page_number":1,"box":{"x":907,"y":355,"width":19,"height":5}},{"id":"68e6702f-bfcd-4973-9129-b7ef807dbd19","block_type":"box","text":"Investment structure","page_number":1,"box":{"x":681,"y":371,"width":118,"height":5}},{"id":"7903cc2a-adfd-4c8d-8268-bf87ff519095","block_type":"box","text":"NURS","page_number":1,"box":{"x":894,"y":371,"width":32,"height":6}},{"id":"bac66f2d-b196-4ad5-b958-07e2a99c650a","block_type":"box","text":"SRRI","page_number":1,"box":{"x":681,"y":387,"width":25,"height":6}},{"id":"b3559f2b-6275-4e89-9994-84a2587340b4","block_type":"box","text":"1","page_number":1,"box":{"x":707,"y":386,"width":2,"height":4}},{"id":"dc841111-95e4-45a7-a80a-8c4ac2dba5b6","block_type":"box","text":"4","page_number":1,"box":{"x":921,"y":387,"width":6,"height":6}},{"id":"6dfa3cdf-5053-4117-87aa-5aa3dc404106","block_type":"box","text":"IA Sector","page_number":1,"box":{"x":681,"y":406,"width":51,"height":6}},{"id":"dcd87e57-ce3c-4878-92c9-3a4fa65fd761","block_type":"box","text":"Mixed Investment","page_number":1,"box":{"x":827,"y":401,"width":100,"height":6}},{"id":"53d151c2-87b3-4b72-b1d4-aa9b005a6255","block_type":"box","text":"40","page_number":1,"box":{"x":839,"y":411,"width":14,"height":6}},{"id":"3eb5ffc3-d520-4dfe-8e5c-b33087cd9524","block_type":"box","text":"-","page_number":1,"box":{"x":854,"y":414,"width":4,"height":1}},{"id":"992fd50b-3e6b-4ac8-a95a-af9a34e5ebdc","block_type":"box","text":"85% Shares","page_number":1,"box":{"x":859,"y":411,"width":67,"height":6}},{"id":"3cd6fd98-4173-40b3-b650-309436427f1f","block_type":"box","text":"Risk ratings","page_number":1,"box":{"x":682,"y":459,"width":65,"height":8}},{"id":"cdbfb20f-1f77-487f-b80c-6eaaed593420","block_type":"box","text":"3","page_number":1,"box":{"x":748,"y":459,"width":4,"height":4}},{"id":"b5d444c6-4912-43de-801b-87804b23f649","block_type":"box","text":"Defaqto","page_number":1,"box":{"x":682,"y":475,"width":46,"height":8}},{"id":"a1e640f4-d8b4-4ec6-bf99-13c84e30f21c","block_type":"box","text":"(of 10)","page_number":1,"box":{"x":733,"y":475,"width":36,"height":8}},{"id":"6ec6db50-1c8f-49b3-96f3-7d377d7a9007","block_type":"box","text":"5","page_number":1,"box":{"x":921,"y":476,"width":6,"height":5}},{"id":"aea256de-4a7f-4551-a612-872d79c7cd0f","block_type":"box","text":"Dynamic Planner (of 10)","page_number":1,"box":{"x":682,"y":492,"width":136,"height":7}},{"id":"7b560ab2-aa4e-4994-968d-e693c82f34a6","block_type":"box","text":"5","page_number":1,"box":{"x":921,"y":492,"width":6,"height":6}},{"id":"fce50279-3c86-4787-81fa-f7c984492a19","block_type":"box","text":"EV (1","page_number":1,"box":{"x":682,"y":508,"width":27,"height":7}},{"id":"aae571f6-617f-4cf9-984a-8ad8a4e27bd7","block_type":"box","text":"-","page_number":1,"box":{"x":711,"y":511,"width":3,"height":1}},{"id":"dc63024b-c397-451d-a3ed-a9790bee3efd","block_type":"box","text":"10, 15 years)","page_number":1,"box":{"x":715,"y":508,"width":69,"height":7}},{"id":"63ce2fb0-cb5f-494a-a384-ece3134fba1a","block_type":"box","text":"6","page_number":1,"box":{"x":921,"y":508,"width":6,"height":6}},{"id":"724a05fb-cdb8-489c-a2d5-52fd2341431e","block_type":"box","text":"Finametrica","page_number":1,"box":{"x":682,"y":524,"width":67,"height":6}},{"id":"06eaeab4-9753-4e8e-8874-ad3bb59d9ec9","block_type":"box","text":"(of 100)","page_number":1,"box":{"x":754,"y":524,"width":45,"height":7}},{"id":"995aec51-a693-4fd3-bef3-aa1b669dec70","block_type":"box","text":"54","page_number":1,"box":{"x":896,"y":524,"width":13,"height":6}},{"id":"b5d75f54-98d5-465c-ab3e-2da3e9bea30b","block_type":"box","text":"-","page_number":1,"box":{"x":910,"y":528,"width":3,"height":0}},{"id":"77a70289-e5da-4720-94e2-306a90a84a14","block_type":"box","text":"65","page_number":1,"box":{"x":914,"y":524,"width":13,"height":6}},{"id":"b5213fae-602c-488a-9eb9-fd66e91fc15b","block_type":"box","text":"Oxford Risk (of 5)","page_number":1,"box":{"x":681,"y":540,"width":100,"height":8}},{"id":"280ee3ae-d9d4-492a-b725-7490e6f7678a","block_type":"box","text":"3","page_number":1,"box":{"x":921,"y":540,"width":6,"height":6}},{"id":"9ddff876-0e3c-4d60-81a7-1ab3eaa9d437","block_type":"box","text":"Oxford Risk (of 7)","page_number":1,"box":{"x":681,"y":557,"width":100,"height":7}},{"id":"103620e5-1175-48ca-80a5-aa9afe84a296","block_type":"box","text":"4","page_number":1,"box":{"x":921,"y":557,"width":6,"height":6}},{"id":"28a6797e-f6e0-4e7b-a0ae-d597613a3cc0","block_type":"box","text":"Synaptic (1","page_number":1,"box":{"x":681,"y":573,"width":62,"height":7}},{"id":"b9526cd3-0a17-4798-92ae-51df477069ac","block_type":"box","text":"-","page_number":1,"box":{"x":745,"y":576,"width":3,"height":1}},{"id":"eb03d3d6-9b9b-487d-ad55-df856eab7ee5","block_type":"box","text":"5)","page_number":1,"box":{"x":749,"y":573,"width":11,"height":7}},{"id":"10a838b8-78aa-4a26-b0e5-d52fe141123c","block_type":"box","text":"3.5","page_number":1,"box":{"x":912,"y":573,"width":15,"height":6}},{"id":"0bcc4e0d-eb43-4601-b534-fdbd199a928c","block_type":"box","text":"Synaptic (1","page_number":1,"box":{"x":681,"y":589,"width":62,"height":8}},{"id":"ebf9e543-1619-474b-86df-349102d0c2d1","block_type":"box","text":"-","page_number":1,"box":{"x":745,"y":593,"width":3,"height":0}},{"id":"9712b6a6-a94a-4a54-88dc-9aa5bfaf55ac","block_type":"box","text":"10)","page_number":1,"box":{"x":749,"y":589,"width":17,"height":7}},{"id":"16d57b26-80b6-4940-b347-a9e1b977b8e7","block_type":"box","text":"6","page_number":1,"box":{"x":921,"y":589,"width":6,"height":6}},{"id":"425db3b9-c6fe-496f-bca1-97a79140992d","block_type":"box","text":"Fees","page_number":1,"box":{"x":681,"y":424,"width":25,"height":6}},{"id":"5eef7439-1337-4d1c-bfde-3385e6d67faa","block_type":"box","text":"Ongoing Charges Figure (OCF","page_number":1,"box":{"x":681,"y":440,"width":172,"height":8}},{"id":"a68a49e6-5081-4d00-83ec-9e18eaff0833","block_type":"box","text":"2","page_number":1,"box":{"x":854,"y":440,"width":4,"height":4}},{"id":"5f4e345f-f0f7-4b52-bf61-09466f8d703d","block_type":"box","text":")","page_number":1,"box":{"x":858,"y":440,"width":4,"height":7}},{"id":"b706a404-5cef-42f2-946c-78b62cc8ac92","block_type":"box","text":"0.20%","page_number":1,"box":{"x":890,"y":440,"width":36,"height":6}},{"id":"d534863f-9b8d-499e-8f1a-f6933f4e1445","block_type":"box","text":"Fund identifiers","page_number":1,"box":{"x":681,"y":608,"width":89,"height":7}},{"id":"600505e0-5783-4d1f-a19b-2bcd08652b0c","block_type":"box","text":"ISIN","page_number":1,"box":{"x":682,"y":625,"width":21,"height":6}},{"id":"f39dce38-088d-4cb2-aa9c-eaba80ff6664","block_type":"box","text":"GB00B4R2F348","page_number":1,"box":{"x":836,"y":625,"width":91,"height":6}},{"id":"8b52337d-22cb-432d-9d91-86bc957d21aa","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":681,"y":642,"width":41,"height":6}},{"id":"850d641e-6ced-4795-9da3-17d04f4ec358","block_type":"box","text":"B4R2F34","page_number":1,"box":{"x":879,"y":642,"width":48,"height":6}},{"id":"d6b59d82-d6ba-4d93-9b12-4ab5393c4e7d","block_type":"box","text":"Bloomberg ticker","page_number":1,"box":{"x":682,"y":659,"width":96,"height":7}},{"id":"44d53cab-8f5e-47cb-b794-697896c7b26d","block_type":"box","text":"VGLS60I","page_number":1,"box":{"x":877,"y":659,"width":49,"height":6}},{"id":"0754937e-0359-4c38-941c-91031ca65271","block_type":"box","text":"Base currency","page_number":1,"box":{"x":682,"y":675,"width":78,"height":8}},{"id":"4c223987-042d-400f-a446-44ad29cda942","block_type":"box","text":"GBP","page_number":1,"box":{"x":902,"y":675,"width":25,"height":6}},{"id":"d2b13bbc-31b2-49f7-bc06-f2e4159bd14d","block_type":"box","text":"1","page_number":1,"box":{"x":680,"y":696,"width":2,"height":4}},{"id":"b1da84fd-ffa9-45db-ab52-8ce3ca7d1063","block_type":"box","text":"Synthetic Risk and Reward Indicator is used","page_number":1,"box":{"x":684,"y":697,"width":229,"height":7}},{"id":"57d3a33f-b5ee-46a3-8f95-564e969cc94d","block_type":"box","text":"to indicate the level of risk of a NURS fund on","page_number":1,"box":{"x":680,"y":706,"width":240,"height":5}},{"id":"4e1949f0-f5c4-4732-ad01-a3c9ee0cf3af","block_type":"box","text":"a scale of 1 to 7, with 1 representing low risk","page_number":1,"box":{"x":681,"y":715,"width":230,"height":7}},{"id":"3ac64909-c3d0-4307-b837-385c27a3a936","block_type":"box","text":"and 7 representing high risk.","page_number":1,"box":{"x":681,"y":724,"width":147,"height":7}},{"id":"0bb1faf8-a2a1-4f27-baab-873df86901e8","block_type":"box","text":"2","page_number":1,"box":{"x":680,"y":738,"width":4,"height":4}},{"id":"a42da149-4f39-4172-8fd7-40003b434fd2","block_type":"box","text":"The Ongoing Charges Figure (OCF) covers","page_number":1,"box":{"x":684,"y":738,"width":224,"height":7}},{"id":"139973dd-3f7d-44e6-b6b9-45f02906551e","block_type":"box","text":"administration, audit, depository, legal,","page_number":1,"box":{"x":681,"y":748,"width":206,"height":7}},{"id":"d23f1997-bb44-49ac-a84c-c77cc0b9e2f9","block_type":"box","text":"registration and regulatory expenses incurred","page_number":1,"box":{"x":681,"y":757,"width":239,"height":7}},{"id":"3ada80bf-09e0-4c4e-840c-8a81b10e95a8","block_type":"box","text":"in respect of the Funds.","page_number":1,"box":{"x":681,"y":766,"width":123,"height":7}},{"id":"1a5246e4-07f3-485e-9d09-855b66bcd094","block_type":"box","text":"3","page_number":1,"box":{"x":680,"y":780,"width":4,"height":4}},{"id":"b25c14f0-e4aa-40e8-b867-6e8ddaca37fb","block_type":"box","text":"Risk ratings are independent measures that","page_number":1,"box":{"x":685,"y":780,"width":230,"height":7}},{"id":"b15de9f4-bcb0-4ec0-a9b3-8fe0aa810527","block_type":"box","text":"indicate how much risk a fund is expected to","page_number":1,"box":{"x":681,"y":789,"width":233,"height":8}},{"id":"fdefeff2-0933-490d-84a5-93f38420bf58","block_type":"box","text":"take, based on what it invests in and how","page_number":1,"box":{"x":680,"y":799,"width":218,"height":6}},{"id":"aa929044-a573-478b-b599-8fbf783d95f0","block_type":"box","text":"much its value may rise and fall. Different","page_number":1,"box":{"x":681,"y":808,"width":220,"height":7}},{"id":"0a6e8a7b-4520-4891-82c2-555709a2dd5c","block_type":"box","text":"providers use different methodologies, but","page_number":1,"box":{"x":681,"y":817,"width":224,"height":7}},{"id":"1d6b6c61-6478-43e4-9399-805fba83ccea","block_type":"box","text":"higher ratings indicate higher risk within a","page_number":1,"box":{"x":681,"y":827,"width":220,"height":7}},{"id":"9294eedf-2b94-4a61-b354-11e0f8d01481","block_type":"box","text":"given scale.","page_number":1,"box":{"x":681,"y":836,"width":59,"height":7}},{"id":"1eeec1b6-e8ba-4c02-8b95-e3625d6b92d8","block_type":"box","text":"Defaqto","page_number":1,"box":{"x":681,"y":845,"width":43,"height":7}},{"id":"f18463dc-90e6-4e2e-9c4a-837b6c563305","block_type":"box","text":"data as","page_number":1,"box":{"x":728,"y":845,"width":39,"height":6}},{"id":"bf3ab5a3-22cc-47af-819f-84f0e69d6ef0","block_type":"box","text":"at","page_number":1,"box":{"x":771,"y":846,"width":11,"height":5}},{"id":"4872480b-a582-4481-b5e1-9259828f6bbe","block_type":"box","text":"April 2026; Dynamic","page_number":1,"box":{"x":786,"y":845,"width":105,"height":7}},{"id":"d3c52b86-66a9-466e-b5db-9602edcafe37","block_type":"box","text":"Planner data as at Q3 2026;","page_number":1,"box":{"x":681,"y":854,"width":147,"height":7}},{"id":"8c2518aa-e9bd-490e-a2e9-2ef75e97e4e2","block_type":"box","text":"EValue","page_number":1,"box":{"x":833,"y":854,"width":35,"height":6}},{"id":"58804741-e33a-489d-96e0-7e050252278b","block_type":"box","text":"data as at","page_number":1,"box":{"x":872,"y":854,"width":55,"height":6}},{"id":"c275fbec-292f-46cf-9fba-1a9247eeff4e","block_type":"box","text":"Q3 2026;","page_number":1,"box":{"x":681,"y":864,"width":46,"height":6}},{"id":"1e01abf5-8a16-4cb0-b44c-d70235790c03","block_type":"box","text":"FinaMetrica","page_number":1,"box":{"x":731,"y":864,"width":62,"height":5}},{"id":"456c1ef7-8426-4fd6-8e91-459b96cf920d","block_type":"box","text":"data as","page_number":1,"box":{"x":798,"y":864,"width":39,"height":5}},{"id":"354f8740-b252-4212-9a44-4a4ed9c10ad1","block_type":"box","text":"at","page_number":1,"box":{"x":841,"y":864,"width":11,"height":5}},{"id":"0c740bb9-7697-41e3-9be3-e22625f3e2dc","block_type":"box","text":"24 February","page_number":1,"box":{"x":856,"y":864,"width":63,"height":7}},{"id":"0ac3d52a-6781-4e82-8f90-2b41595410ab","block_type":"box","text":"2026; Oxford Risk data as","page_number":1,"box":{"x":681,"y":873,"width":136,"height":6}},{"id":"ceccd9c3-05fe-4449-b085-d873df238b07","block_type":"box","text":"at","page_number":1,"box":{"x":821,"y":874,"width":11,"height":4}},{"id":"9c79c4e9-da29-40c7-90b3-9042f8d6afb4","block_type":"box","text":"26 January 2026;","page_number":1,"box":{"x":835,"y":873,"width":89,"height":7}},{"id":"1d859e01-c720-4e1e-9748-e1b0dd6a5132","block_type":"box","text":"Synaptic data as at Q2 2026.","page_number":1,"box":{"x":681,"y":882,"width":153,"height":7}},{"id":"5561b35c-6a49-4756-b65c-b474e8bafccf","block_type":"box","text":"Investment objective and policy summary","page_number":1,"box":{"x":91,"y":175,"width":299,"height":10}},{"id":"fe3e3953-3b43-4b06-a612-9a61f4bf3c23","block_type":"box","text":"Year","page_number":1,"box":{"x":221,"y":633,"width":26,"height":6}},{"id":"fc77a251-114b-4376-a255-2d5c3e0a1a7e","block_type":"box","text":"to date","page_number":1,"box":{"x":213,"y":643,"width":42,"height":6}},{"id":"40347f60-64a3-424e-bc5e-63b42c11f025","block_type":"box","text":"1m","page_number":1,"box":{"x":276,"y":638,"width":16,"height":6}},{"id":"31c7b056-4d02-42cb-a85a-4ec0b0a13677","block_type":"box","text":"3m","page_number":1,"box":{"x":325,"y":638,"width":17,"height":6}},{"id":"3f232333-58b3-4547-88e7-228c0201c67a","block_type":"box","text":"6m","page_number":1,"box":{"x":375,"y":638,"width":16,"height":6}},{"id":"ba3703c7-1766-499a-a4fd-14230797833b","block_type":"box","text":"1yr","page_number":1,"box":{"x":425,"y":638,"width":17,"height":7}},{"id":"013f0949-9413-44b6-82c2-1c0bce6dfbb0","block_type":"box","text":"3yrs","page_number":1,"box":{"x":471,"y":638,"width":24,"height":7}},{"id":"8851a533-257c-4ed2-9a89-3b88a38c2cb9","block_type":"box","text":"5yrs","page_number":1,"box":{"x":521,"y":638,"width":24,"height":7}},{"id":"25a32f1d-d8e2-4cc1-a47f-26276c6b2c6a","block_type":"box","text":"10yrs","page_number":1,"box":{"x":568,"y":638,"width":30,"height":7}},{"id":"cf62510e-8b55-4ebe-8c9c-5b34de3ec4d9","block_type":"box","text":"Since","page_number":1,"box":{"x":618,"y":633,"width":29,"height":6}},{"id":"6bd53694-c199-44c6-90ef-d814959667b3","block_type":"box","text":"inc.","page_number":1,"box":{"x":623,"y":643,"width":18,"height":6}},{"id":"25ac39e7-53f1-4164-b25f-6895324ffd3d","block_type":"box","text":"LifeStrategy 60%","page_number":1,"box":{"x":100,"y":665,"width":99,"height":8}},{"id":"8a26ce0b-92b8-4723-b5e2-f673bb22aa0f","block_type":"box","text":"Equity Fund","page_number":1,"box":{"x":100,"y":675,"width":66,"height":8}},{"id":"57bd6085-ac2a-4d10-8191-52e1af5b7493","block_type":"box","text":"-","page_number":1,"box":{"x":168,"y":678,"width":3,"height":1}},{"id":"1f8af760-7125-4a05-946b-a06d6acbdd8f","block_type":"box","text":"Inc.","page_number":1,"box":{"x":173,"y":675,"width":18,"height":6}},{"id":"eb946af8-eab7-47af-a28e-520446d0f0b1","block_type":"box","text":"7.19","page_number":1,"box":{"x":220,"y":672,"width":22,"height":6}},{"id":"8c47384d-21bd-4d14-a580-22ae685d5cf8","block_type":"box","text":"-","page_number":1,"box":{"x":267,"y":676,"width":3,"height":0}},{"id":"585c281f-4ae3-4b86-a76a-0e2fac37ed40","block_type":"box","text":"0.64","page_number":1,"box":{"x":271,"y":672,"width":24,"height":6}},{"id":"bffdc18f-414f-4647-bae7-1d5d4bebb485","block_type":"box","text":"-","page_number":1,"box":{"x":317,"y":676,"width":3,"height":0}},{"id":"bb8d29af-19d3-4955-afac-1de494ec7992","block_type":"box","text":"0.31","page_number":1,"box":{"x":321,"y":672,"width":23,"height":6}},{"id":"a7df4c56-6019-4216-8fc5-c09e2e8caba4","block_type":"box","text":"7.70","page_number":1,"box":{"x":369,"y":672,"width":23,"height":6}},{"id":"68c702a0-5901-4419-b841-4347990a1173","block_type":"box","text":"10.34","page_number":1,"box":{"x":416,"y":672,"width":29,"height":6}},{"id":"0a2eb723-60e9-4d5e-a50b-dc0cb4c4df5d","block_type":"box","text":"11.67","page_number":1,"box":{"x":465,"y":672,"width":30,"height":6}},{"id":"539fb581-64a2-4674-89f2-bde69e37b526","block_type":"box","text":"5.82","page_number":1,"box":{"x":518,"y":672,"width":23,"height":6}},{"id":"f0accf30-e1aa-436a-9978-113bcc4cfc70","block_type":"box","text":"6.57","page_number":1,"box":{"x":568,"y":672,"width":23,"height":6}},{"id":"010d4440-1c9f-48be-9f6d-79e158877dc1","block_type":"box","text":"7.49","page_number":1,"box":{"x":618,"y":672,"width":23,"height":6}},{"id":"fa252231-3fd4-462b-a012-4aeb7a6e8d8d","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":208,"y":745,"width":37,"height":8}},{"id":"10feb638-1ab3-4c46-bcb4-387fa3984286","block_type":"box","text":"2017","page_number":1,"box":{"x":213,"y":755,"width":27,"height":6}},{"id":"21d06518-16ae-4f44-bfa2-033f131d73b1","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":253,"y":745,"width":37,"height":8}},{"id":"f47c2182-1b2f-4452-bb97-ad1f8f958849","block_type":"box","text":"2018","page_number":1,"box":{"x":258,"y":755,"width":27,"height":6}},{"id":"86fea81b-5020-4494-859f-aa8d2f293ca4","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":298,"y":745,"width":37,"height":8}},{"id":"34c0d387-82e4-4225-adb8-d25080f78eec","block_type":"box","text":"2019","page_number":1,"box":{"x":303,"y":755,"width":27,"height":6}},{"id":"15f2ed8a-37b7-4435-bf80-a87c53ded133","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":343,"y":745,"width":37,"height":8}},{"id":"1f5a62d5-28e4-499b-a6dc-6a00f8f767c2","block_type":"box","text":"2020","page_number":1,"box":{"x":348,"y":755,"width":27,"height":6}},{"id":"7d62160a-4e32-4cc2-a703-c5374b6ce629","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":388,"y":745,"width":37,"height":8}},{"id":"d7aa3a47-ebae-4ca9-a70f-3003c10a7716","block_type":"box","text":"2021","page_number":1,"box":{"x":393,"y":755,"width":27,"height":6}},{"id":"0461e22a-558b-4b30-8b9c-a7683d64e41b","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":433,"y":745,"width":37,"height":8}},{"id":"7be5cc5f-a40f-4f80-9287-5b7d62e89a34","block_type":"box","text":"2022","page_number":1,"box":{"x":438,"y":755,"width":27,"height":6}},{"id":"f550e4c3-30a5-470e-99c7-00b7f8ae372e","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":478,"y":745,"width":37,"height":8}},{"id":"81518465-ffce-40ab-87d2-ea5de58eaadc","block_type":"box","text":"2023","page_number":1,"box":{"x":483,"y":755,"width":27,"height":6}},{"id":"0cf5cd68-b31a-4731-8d17-0dc466efaf00","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":523,"y":745,"width":37,"height":8}},{"id":"0ca366b6-c148-4ece-ab05-cff5ceaadedc","block_type":"box","text":"2024","page_number":1,"box":{"x":528,"y":755,"width":27,"height":6}},{"id":"ee2d4783-2a46-481d-9c0a-287d805ed8b3","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":568,"y":745,"width":37,"height":8}},{"id":"1b806495-d011-42c5-8959-b2a5508ea0a0","block_type":"box","text":"2025","page_number":1,"box":{"x":573,"y":755,"width":27,"height":6}},{"id":"06e923e3-0e3c-4c38-9d38-18cfd31eb9dd","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":612,"y":745,"width":38,"height":8}},{"id":"62956474-a4bb-4065-8332-901cafc8bae5","block_type":"box","text":"2026","page_number":1,"box":{"x":618,"y":755,"width":27,"height":6}},{"id":"0e44ea07-d3c3-4c70-a6da-2149f7e2ddd7","block_type":"box","text":"LifeStrategy 60%","page_number":1,"box":{"x":98,"y":777,"width":99,"height":8}},{"id":"078f2e19-de30-4893-bfcc-a52a66b08f1e","block_type":"box","text":"Equity Fund","page_number":1,"box":{"x":98,"y":787,"width":66,"height":8}},{"id":"e37aba37-bb6f-42a2-b749-0d931e17c1b6","block_type":"box","text":"-","page_number":1,"box":{"x":166,"y":791,"width":3,"height":1}},{"id":"f7520008-377a-442e-91db-b0b9ec405b3f","block_type":"box","text":"Inc.","page_number":1,"box":{"x":171,"y":788,"width":18,"height":6}},{"id":"a8387bcb-a3aa-4cff-a1d3-68e43d2e1a4c","block_type":"box","text":"7.64","page_number":1,"box":{"x":215,"y":783,"width":23,"height":6}},{"id":"3dd1eb2d-2293-4785-aa66-94feeca9be7a","block_type":"box","text":"6.78","page_number":1,"box":{"x":260,"y":783,"width":23,"height":6}},{"id":"5a2bffd8-8edd-4e59-8497-8ad4b2bdc018","block_type":"box","text":"7.84","page_number":1,"box":{"x":305,"y":783,"width":23,"height":6}},{"id":"a540556b-e4d1-4ae6-b471-fd9568c15917","block_type":"box","text":"1.78","page_number":1,"box":{"x":351,"y":783,"width":22,"height":6}},{"id":"83635f30-494e-4ff9-8914-d185a6a82adc","block_type":"box","text":"12.84","page_number":1,"box":{"x":392,"y":783,"width":30,"height":6}},{"id":"4a2dca51-db17-46ef-8130-2611954f1095","block_type":"box","text":"-","page_number":1,"box":{"x":434,"y":787,"width":3,"height":0}},{"id":"d5674554-0f85-4aba-b71c-71694f6a6006","block_type":"box","text":"10.28","page_number":1,"box":{"x":439,"y":783,"width":30,"height":6}},{"id":"82863d2a-7237-4a0a-891a-6ddb694a2b3e","block_type":"box","text":"6.22","page_number":1,"box":{"x":485,"y":783,"width":23,"height":6}},{"id":"e95fd741-8cfd-45ff-9c38-745dd14500b3","block_type":"box","text":"14.48","page_number":1,"box":{"x":527,"y":783,"width":30,"height":6}},{"id":"9899c2a1-4bce-4dbe-a380-0bb659f1e02e","block_type":"box","text":"10.24","page_number":1,"box":{"x":572,"y":783,"width":30,"height":6}},{"id":"f9176330-7a23-4965-ae4e-a599137f62a9","block_type":"box","text":"10.34","page_number":1,"box":{"x":617,"y":783,"width":30,"height":6}},{"id":"16d73dc7-55b8-4862-8252-e6279bb9e359","block_type":"box","text":"IA Mixed","page_number":1,"box":{"x":98,"y":802,"width":46,"height":6}},{"id":"94c7c104-c4c2-420f-b457-497900f11786","block_type":"box","text":"Investment 40","page_number":1,"box":{"x":98,"y":813,"width":80,"height":5}},{"id":"377d67d3-0d65-48fd-b13d-f478fb50f7f8","block_type":"box","text":"-","page_number":1,"box":{"x":179,"y":816,"width":3,"height":0}},{"id":"2f6f03bf-78dd-44f0-8dae-ba6d3a12b8e6","block_type":"box","text":"85% Shares","page_number":1,"box":{"x":97,"y":822,"width":67,"height":6}},{"id":"be17885f-667d-4734-8263-c77befef9d1f","block_type":"box","text":"9.25","page_number":1,"box":{"x":215,"y":813,"width":23,"height":6}},{"id":"67e951cb-4731-406b-93b0-072bb51107e8","block_type":"box","text":"5.43","page_number":1,"box":{"x":260,"y":813,"width":23,"height":6}},{"id":"627b0ffe-5bf9-4771-8929-d3ee1e969d57","block_type":"box","text":"4.33","page_number":1,"box":{"x":305,"y":813,"width":23,"height":6}},{"id":"65a385c8-d488-4473-8d2d-18be38e00113","block_type":"box","text":"-","page_number":1,"box":{"x":348,"y":817,"width":3,"height":0}},{"id":"41ba6d09-b9cc-4834-819e-3a63453cb47f","block_type":"box","text":"0.05","page_number":1,"box":{"x":352,"y":813,"width":23,"height":6}},{"id":"49c991c3-072b-47d4-9235-5f49b9d9f9e6","block_type":"box","text":"16.76","page_number":1,"box":{"x":392,"y":813,"width":29,"height":6}},{"id":"f957295f-ab0e-49bb-ad75-e6c8d79b8a8b","block_type":"box","text":"-","page_number":1,"box":{"x":434,"y":817,"width":4,"height":0}},{"id":"09ec83b3-483d-45d6-9bbc-35ac357d20cf","block_type":"box","text":"10.27","page_number":1,"box":{"x":439,"y":813,"width":30,"height":6}},{"id":"9b41d2d4-6f5f-4fd2-9e5d-c801cb0038da","block_type":"box","text":"5.27","page_number":1,"box":{"x":485,"y":813,"width":23,"height":6}},{"id":"225fa65e-3fa7-481a-abe3-6ae70e24f679","block_type":"box","text":"13.84","page_number":1,"box":{"x":527,"y":813,"width":30,"height":6}},{"id":"844bb42a-7c43-4797-ad0d-929904a68ead","block_type":"box","text":"9.28","page_number":1,"box":{"x":575,"y":813,"width":23,"height":6}},{"id":"90dde761-6672-4df7-89b5-c2f5349ee891","block_type":"box","text":"12.05","page_number":1,"box":{"x":617,"y":813,"width":29,"height":6}},{"id":"0b6fb591-cebe-48d8-9f70-f616b4d58478","block_type":"box","text":"Source: Vanguard data as","page_number":1,"box":{"x":91,"y":873,"width":147,"height":8}},{"id":"7f79ac89-5301-4517-8048-4fa63ee7ded5","block_type":"box","text":"at","page_number":1,"box":{"x":243,"y":874,"width":11,"height":5}},{"id":"a42fcb57-38db-4a17-98b3-5e7b0df0f193","block_type":"box","text":"30 September 2026.","page_number":1,"box":{"x":258,"y":873,"width":115,"height":8}},{"id":"59f142c3-83bf-4277-9a01-b88ac206b597","block_type":"box","text":"*Figures in the table above for periods less than one year are cumulative returns. All other","page_number":1,"box":{"x":91,"y":885,"width":510,"height":8}},{"id":"acb69272-ef93-415b-9fac-50c5f8ff8e26","block_type":"box","text":"figures represent","page_number":1,"box":{"x":90,"y":896,"width":97,"height":8}},{"id":"1ed38176-e110-4a4e-acea-d40d8c370f07","block_type":"box","text":"annual","page_number":1,"box":{"x":191,"y":896,"width":37,"height":6}},{"id":"6370b7ef-d394-4870-91d1-c1914f0eddf4","block_type":"box","text":"ised","page_number":1,"box":{"x":230,"y":896,"width":21,"height":6}},{"id":"e9bb1de3-cad1-4a85-bb1a-b5e31712fc25","block_type":"box","text":"returns.","page_number":1,"box":{"x":256,"y":897,"width":43,"height":5}},{"id":"29b73857-6664-4d1b-9496-5044055a84c7","block_type":"box","text":"Performance figures are calculated by comparing the fund’s net asset value at the start and","page_number":1,"box":{"x":91,"y":908,"width":524,"height":8}},{"id":"96b2b7f7-c6b6-4643-bf62-3dced20bb3c4","block_type":"box","text":"end of the period, assuming all income and capital gains are reinvested.","page_number":1,"box":{"x":91,"y":919,"width":406,"height":8}},{"id":"b714145e-8a07-42ee-8d24-08f31e2f3a68","block_type":"box","text":"Annualised performance*","page_number":1,"box":{"x":90,"y":593,"width":165,"height":8}},{"id":"8f180d4c-5224-495a-8892-88d1e6f40285","block_type":"box","text":"%, GBP, after OCF","page_number":1,"box":{"x":90,"y":606,"width":106,"height":9}},{"id":"58339efd-a88f-4433-950a-adc21fddac48","block_type":"box","text":"2","page_number":1,"box":{"x":197,"y":606,"width":4,"height":4}},{"id":"b76b5c62-ffab-477a-89cd-ec044b8d3345","block_type":"box","text":", as","page_number":1,"box":{"x":202,"y":609,"width":18,"height":6}},{"id":"2e793225-44d4-4145-8e6b-6409c4041cef","block_type":"box","text":"at","page_number":1,"box":{"x":224,"y":607,"width":12,"height":6}},{"id":"8714d718-0766-4075-a3ea-ec7d27fc03eb","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":240,"y":606,"width":114,"height":9}},{"id":"b327876d-52fa-462d-8c83-5b2295f2b893","block_type":"box","text":"12","page_number":1,"box":{"x":90,"y":708,"width":13,"height":7}},{"id":"4b6bc191-c901-43cf-958a-7806f7e2e518","block_type":"box","text":"-","page_number":1,"box":{"x":104,"y":712,"width":4,"height":1}},{"id":"a4a7e548-9927-4276-9224-7eef397e58cd","block_type":"box","text":"month return to:","page_number":1,"box":{"x":110,"y":708,"width":107,"height":7}},{"id":"4cc5804b-bc6c-46b2-a7f1-4f2343c50021","block_type":"box","text":"%, GBP,","page_number":1,"box":{"x":91,"y":719,"width":44,"height":8}},{"id":"0a400afb-8ff1-4560-8c6d-0084f1939d96","block_type":"box","text":"after OCF","page_number":1,"box":{"x":139,"y":719,"width":58,"height":7}},{"id":"995024dd-2a38-4ecc-ac5f-70cbcfa4d045","block_type":"box","text":"2","page_number":1,"box":{"x":198,"y":719,"width":3,"height":4}},{"id":"3d79eeae-f007-486e-86fb-a0f7c2783acb","block_type":"box","text":"Cumulative performance (since inception)","page_number":1,"box":{"x":91,"y":338,"width":272,"height":9}},{"id":"77a3490b-05b6-4fd1-86db-df9797fca5c1","block_type":"box","text":"%, GBP,","page_number":1,"box":{"x":91,"y":352,"width":44,"height":8}},{"id":"17b9003b-d525-4c59-8cb9-f65041077f24","block_type":"box","text":"after OCF","page_number":1,"box":{"x":139,"y":352,"width":58,"height":7}},{"id":"11f137fc-9ae5-4940-9d5b-a2418bededee","block_type":"box","text":"2","page_number":1,"box":{"x":198,"y":352,"width":4,"height":4}},{"id":"2e407d6c-50ca-4887-ae53-5b2aa5fea3fb","block_type":"box","text":", 23 June 2011 to 30 September 2026","page_number":1,"box":{"x":203,"y":352,"width":210,"height":9}},{"id":"f6264141-6f9a-40d5-95c5-c81eb997b507","block_type":"box","text":"This is designed for use by and is directed only at persons resident in the UK.","page_number":1,"box":{"x":91,"y":933,"width":430,"height":7}},{"id":"0fbccf0e-2cdb-43d3-a5ee-b90b46a0ed6a","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":1,"box":{"x":91,"y":859,"width":343,"height":8}},{"id":"0cbed324-5208-4bdb-a841-37525122224d","block_type":"box","text":"Fund information","page_number":1,"box":{"x":679,"y":152,"width":124,"height":8}},{"id":"fa44e201-4cda-4fd0-b277-2f7224f3eeea","block_type":"box","text":"Asset allocation","page_number":1,"box":{"x":678,"y":170,"width":91,"height":6}},{"id":"50e08fce-ec2d-4dda-8b04-366583413831","block_type":"box","text":"Fund performance","page_number":1,"box":{"x":91,"y":313,"width":131,"height":10}},{"id":"89ebf463-4eba-4e44-852b-213562ef190a","block_type":"box","text":"As","page_number":1,"box":{"x":90,"y":155,"width":17,"height":7}},{"id":"c1a8723d-3974-404a-8463-565bc967d4af","block_type":"box","text":"at","page_number":1,"box":{"x":113,"y":156,"width":15,"height":6}},{"id":"bd094a67-bcfc-4dec-a34e-103f065498b5","block_type":"box","text":"30 September 2026 |","page_number":1,"box":{"x":133,"y":155,"width":160,"height":9}},{"id":"a27e4e3c-6d51-4335-a7a7-066db956affb","block_type":"box","text":"This is a marketing communication","page_number":1,"box":{"x":307,"y":154,"width":249,"height":10}},{"id":"eb46dda1-e0e4-4489-be90-c5f7f7c37623","block_type":"box","text":"Fund objective and performance","page_number":1,"box":{"x":91,"y":88,"width":669,"height":29}},{"id":"58b2ef65-146a-4c86-8dab-1edec59bab04","block_type":"box","text":"Fund factsheet","page_number":1,"box":{"x":90,"y":58,"width":110,"height":8}},{"id":"3c5c5440-b60d-4a83-9722-68aad37803d8","block_type":"box","text":"| Vanguard LifeStrategy® 60% Equity Fund GBP Income Shares","page_number":1,"box":{"x":216,"y":58,"width":471,"height":10}},{"id":"ad7b2d29-2e6b-4ac3-85d6-927e035925f3","block_type":"box","text":"39.48%","page_number":1,"box":{"x":696,"y":213,"width":38,"height":6}},{"id":"fbb1ac6f-8225-4347-8d0c-852c25bc377e","block_type":"box","text":"Bonds","page_number":1,"box":{"x":738,"y":213,"width":29,"height":6}},{"id":"8bdc974e-a415-4300-9e21-c4426624c981","block_type":"box","text":"60.52%","page_number":1,"box":{"x":837,"y":213,"width":39,"height":6}},{"id":"00507a00-a8f8-4a57-988f-410890dcfb8c","block_type":"box","text":"Equities","page_number":1,"box":{"x":880,"y":214,"width":39,"height":7}},{"id":"9126965b-3ec6-47d9-b65f-1431ddba4511","block_type":"box","text":"•","page_number":1,"box":{"x":91,"y":199,"width":3,"height":2}},{"id":"741f5e05-178f-43a7-933a-2f67a2c97d91","block_type":"box","text":"The Fund aims to grow your investment (through an increase in the value of, and","page_number":1,"box":{"x":113,"y":196,"width":524,"height":9}},{"id":"da89e8ce-b259-4761-a21f-1b3957a338e5","block_type":"box","text":"income received from, assets held by the Fund) over the medium term (3 years or","page_number":1,"box":{"x":114,"y":209,"width":527,"height":8}},{"id":"18812027-f182-4641-a72a-cb8137f0fbca","block_type":"box","text":"more) by investing within a pre","page_number":1,"box":{"x":114,"y":221,"width":200,"height":9}},{"id":"0280fe97-18d0-4927-993a-5a3e6f6920d9","block_type":"box","text":"-","page_number":1,"box":{"x":316,"y":225,"width":4,"height":1}},{"id":"d8aa8cd9-d7e8-4306-9efa-901c60960659","block_type":"box","text":"defined mix of assets.","page_number":1,"box":{"x":321,"y":221,"width":141,"height":7}},{"id":"f1e886b4-383c-4c47-a1b6-4c5af09c3a36","block_type":"box","text":"•","page_number":1,"box":{"x":91,"y":236,"width":3,"height":2}},{"id":"5afc2ed7-cdbc-48ce-b543-836e81b8fdbc","block_type":"box","text":"It does this by investing at least 90% of its assets in a diversified portfolio of funds","page_number":1,"box":{"x":115,"y":233,"width":537,"height":9}},{"id":"e823a6fd-d572-4e9a-bb8e-981a2c229a11","block_type":"box","text":"that seek to track the performance of an index.","page_number":1,"box":{"x":114,"y":246,"width":307,"height":9}},{"id":"1aea67a6-be02-44bd-bb6c-39287c91724e","block_type":"box","text":"•","page_number":1,"box":{"x":91,"y":260,"width":3,"height":3}},{"id":"a223a4de-0534-4c0b-bd25-d0cae368e6bf","block_type":"box","text":"This means the Fund can invest in funds that, in turn, invest globally in either","page_number":1,"box":{"x":113,"y":258,"width":498,"height":9}},{"id":"36d95596-3902-4e8a-ac59-8a1e32e2c22b","block_type":"box","text":"company shares or government and corporate bonds.","page_number":1,"box":{"x":114,"y":270,"width":348,"height":9}},{"id":"ae60179b-1a89-405a-b2bf-724a24908ada","block_type":"box","text":"•","page_number":1,"box":{"x":91,"y":285,"width":3,"height":2}},{"id":"611e3537-1443-4eb4-b5e4-7f3d7a045cf5","block_type":"box","text":"The UK will generally be one of the largest single country exposures for both shares","page_number":1,"box":{"x":113,"y":283,"width":541,"height":9}},{"id":"64d04787-6342-40a7-b2c6-3e56ab3154d5","block_type":"box","text":"and bonds.","page_number":1,"box":{"x":114,"y":295,"width":70,"height":7}},{"id":"eea6a382-4312-4c14-8284-8e2d854dc021","block_type":"box","text":"2","page_number":2,"box":{"x":497,"y":956,"width":6,"height":7}},{"id":"151f60f1-17d4-4b30-8181-48b8c881aa63","block_type":"box","text":"27.6%","page_number":2,"box":{"x":336,"y":523,"width":31,"height":6}},{"id":"1f11f3f1-ddfc-4c5e-9feb-3ab54d101899","block_type":"box","text":"Information Technology","page_number":2,"box":{"x":378,"y":523,"width":118,"height":7}},{"id":"ba668809-553b-41bb-a6b1-3d408aa75452","block_type":"box","text":"18.6%","page_number":2,"box":{"x":337,"y":537,"width":30,"height":6}},{"id":"0825adc3-98e1-40e4-9993-87bc47f47fa5","block_type":"box","text":"Financials","page_number":2,"box":{"x":378,"y":537,"width":49,"height":6}},{"id":"6a7dfd87-006d-4329-8950-31fef75403fc","block_type":"box","text":"11.2%","page_number":2,"box":{"x":340,"y":551,"width":27,"height":6}},{"id":"43cb4cd5-2c37-454e-b6c2-b2d46fece6d9","block_type":"box","text":"Industrials","page_number":2,"box":{"x":378,"y":551,"width":51,"height":6}},{"id":"4153f5c0-cdc5-4653-80a5-5271af775231","block_type":"box","text":"8.8%","page_number":2,"box":{"x":341,"y":565,"width":26,"height":6}},{"id":"1a1e41b3-1c7a-41d2-9939-eab684f2e042","block_type":"box","text":"Health Care","page_number":2,"box":{"x":378,"y":565,"width":59,"height":6}},{"id":"40470675-1643-4a0c-aaf2-64e09832c906","block_type":"box","text":"7.7%","page_number":2,"box":{"x":343,"y":580,"width":24,"height":6}},{"id":"cc8921af-fd65-4790-898c-f13ea1a3f9f9","block_type":"box","text":"Consumer Discretionary","page_number":2,"box":{"x":378,"y":580,"width":120,"height":7}},{"id":"38d1c565-6e1e-41a0-84a9-07596a49e64d","block_type":"box","text":"6.8%","page_number":2,"box":{"x":341,"y":594,"width":26,"height":6}},{"id":"b6c5d0ec-fd0a-475b-8d13-34f58ae732ff","block_type":"box","text":"Communication Services","page_number":2,"box":{"x":378,"y":594,"width":122,"height":6}},{"id":"cfb27979-32fe-4afd-81b0-e7eb01743c2c","block_type":"box","text":"5.8%","page_number":2,"box":{"x":342,"y":608,"width":25,"height":6}},{"id":"313dbd0b-c2a6-40c3-9fd9-ea073133b056","block_type":"box","text":"Consumer Staples","page_number":2,"box":{"x":378,"y":608,"width":91,"height":7}},{"id":"8d9d515d-a54d-4fa6-b9d0-ba2c606c11ee","block_type":"box","text":"5.0%","page_number":2,"box":{"x":341,"y":622,"width":26,"height":6}},{"id":"daa0ad40-9bf7-4bb2-be9a-e75352b2adeb","block_type":"box","text":"Energy","page_number":2,"box":{"x":378,"y":622,"width":34,"height":7}},{"id":"05d4301a-403b-42bc-9dcb-f9b1fd3efc74","block_type":"box","text":"4.2%","page_number":2,"box":{"x":342,"y":636,"width":25,"height":6}},{"id":"063395a7-0460-492e-9c78-5b17c7b1720b","block_type":"box","text":"Materials","page_number":2,"box":{"x":378,"y":636,"width":46,"height":6}},{"id":"f272e9a0-56de-4c60-8bb9-dbbae6e5642a","block_type":"box","text":"2.6%","page_number":2,"box":{"x":342,"y":650,"width":25,"height":6}},{"id":"13b57a73-1535-444d-b14e-cc81dcda1548","block_type":"box","text":"Utilities","page_number":2,"box":{"x":378,"y":650,"width":37,"height":6}},{"id":"82eee022-8c93-496a-bdb4-68de546928b0","block_type":"box","text":"1.7%","page_number":2,"box":{"x":344,"y":664,"width":23,"height":6}},{"id":"4bd789bc-2fdd-4fa7-83be-1fbef6b669e8","block_type":"box","text":"Real Estate","page_number":2,"box":{"x":378,"y":664,"width":57,"height":6}},{"id":"91def80b-74aa-446b-a07f-d7a6e7b7e4c5","block_type":"box","text":"0.1%","page_number":2,"box":{"x":343,"y":679,"width":24,"height":6}},{"id":"80388566-c7fa-40e4-a902-a7934d4b47cc","block_type":"box","text":"Other","page_number":2,"box":{"x":378,"y":678,"width":28,"height":6}},{"id":"b60f201e-7381-470e-802f-7492e2b15311","block_type":"box","text":"Source: Vanguard data as at 30 September 2026.","page_number":2,"box":{"x":91,"y":866,"width":283,"height":7}},{"id":"95edb607-07c7-440e-95ca-daf923ba9801","block_type":"box","text":"1","page_number":2,"box":{"x":91,"y":875,"width":2,"height":4}},{"id":"176bf222-4bd3-4262-8b8d-77688ac8385c","block_type":"box","text":"Issuer breakdown: Sovereign / Government includes Sovereign, Treasury. Government Related includes Provincials, Municipals, A","page_number":2,"box":{"x":97,"y":875,"width":729,"height":8}},{"id":"3a92fe09-d370-4799-84d8-2036374d83d1","block_type":"box","text":"gen","page_number":2,"box":{"x":827,"y":878,"width":20,"height":5}},{"id":"a183bdcc-b929-4a8f-8125-e86cf8b8fb13","block_type":"box","text":"cies, Local","page_number":2,"box":{"x":848,"y":876,"width":57,"height":7}},{"id":"9b1037af-9ae2-4808-b339-8cca469f8a42","block_type":"box","text":"Authority, Supranational. Corporate includes Financial Institutions, Industrials, Utilities.","page_number":2,"box":{"x":91,"y":887,"width":497,"height":7}},{"id":"ad95eec5-27f5-46af-959d-6665764b90b6","block_type":"box","text":"Securitised","page_number":2,"box":{"x":592,"y":887,"width":62,"height":6}},{"id":"c59aa567-4186-4ba3-9cb3-5190f4196abf","block_type":"box","text":"includes ABS (asset","page_number":2,"box":{"x":659,"y":887,"width":111,"height":7}},{"id":"18eec531-a2a0-4528-ae78-661f5b3e3170","block_type":"box","text":"-","page_number":2,"box":{"x":771,"y":890,"width":4,"height":1}},{"id":"0f0543af-8774-4438-bcbb-d2fb6c877564","block_type":"box","text":"backed securities), CMBS","page_number":2,"box":{"x":776,"y":887,"width":143,"height":7}},{"id":"c6f0f68d-329d-44ff-8180-d8a886cf0ca4","block_type":"box","text":"(commercial mortgage","page_number":2,"box":{"x":91,"y":897,"width":130,"height":8}},{"id":"c6755b42-ae28-4d0e-ba04-32575892cb3e","block_type":"box","text":"-","page_number":2,"box":{"x":223,"y":901,"width":3,"height":0}},{"id":"2891ecc6-2666-4ce6-a571-7d7e7986c520","block_type":"box","text":"backed securities), Mortgage Backed Pass through.","page_number":2,"box":{"x":228,"y":897,"width":290,"height":8}},{"id":"2c8adfbc-992a-4ac2-91c9-f405f8a6676b","block_type":"box","text":"Note: Fund and asset class weights should add up to 100%; however, there may be differences due to rounding. Equity and bond","page_number":2,"box":{"x":92,"y":908,"width":731,"height":8}},{"id":"828aa424-1cb6-4eb2-9ff3-c0606e908c6d","block_type":"box","text":"bre","page_number":2,"box":{"x":828,"y":908,"width":17,"height":6}},{"id":"2da053b3-a895-4962-ae04-042464893bde","block_type":"box","text":"akdowns are","page_number":2,"box":{"x":846,"y":908,"width":72,"height":6}},{"id":"484e14cc-6b62-485a-b127-6bd1365e4793","block_type":"box","text":"based on what the underlying funds invest in. Holdings are provided at the fund level.","page_number":2,"box":{"x":91,"y":918,"width":484,"height":8}},{"id":"c20fd71e-94aa-46ca-9a6b-c47820d846cc","block_type":"box","text":"56.9%","page_number":2,"box":{"x":771,"y":363,"width":32,"height":6}},{"id":"ab93f734-9ae4-427b-b7ac-8067ba75eb59","block_type":"box","text":"Government","page_number":2,"box":{"x":814,"y":363,"width":62,"height":5}},{"id":"720946fe-e5fd-4823-8d25-1c49a938fb40","block_type":"box","text":"21.2%","page_number":2,"box":{"x":774,"y":377,"width":29,"height":6}},{"id":"2c96d38b-30c2-4e7e-b4ef-475972ca26cb","block_type":"box","text":"Corporate","page_number":2,"box":{"x":814,"y":377,"width":50,"height":7}},{"id":"77c2f83a-7b3d-4bbc-a423-8aa5a1f7f73b","block_type":"box","text":"11.6%","page_number":2,"box":{"x":775,"y":391,"width":28,"height":6}},{"id":"43835ce2-1572-4027-880d-51b9a18c17e2","block_type":"box","text":"Government","page_number":2,"box":{"x":814,"y":391,"width":62,"height":6}},{"id":"2984ade3-a9c6-4bb4-9265-08e2486e6849","block_type":"box","text":"-","page_number":2,"box":{"x":876,"y":394,"width":3,"height":1}},{"id":"412db071-43e0-400a-8141-bf96cc64f73d","block_type":"box","text":"related","page_number":2,"box":{"x":881,"y":391,"width":34,"height":6}},{"id":"623ee592-bddf-460c-b8cf-e0b55fef553b","block_type":"box","text":"10.0%","page_number":2,"box":{"x":771,"y":405,"width":32,"height":6}},{"id":"b41977ee-959a-4bfa-a698-3b31a98d1fcd","block_type":"box","text":"Securitised","page_number":2,"box":{"x":814,"y":405,"width":54,"height":6}},{"id":"0eb60920-2414-4f72-aeb9-c61467c25a4c","block_type":"box","text":"0.3%","page_number":2,"box":{"x":777,"y":419,"width":26,"height":6}},{"id":"5640f1d5-0888-4856-822e-0784661fe20c","block_type":"box","text":"Other","page_number":2,"box":{"x":814,"y":419,"width":28,"height":6}},{"id":"27abf772-4201-4d84-b891-13c6efd0060f","block_type":"box","text":"54.0%","page_number":2,"box":{"x":335,"y":362,"width":32,"height":6}},{"id":"86a057d2-a78e-4fb3-a1be-9026e896a561","block_type":"box","text":"North America","page_number":2,"box":{"x":378,"y":362,"width":72,"height":6}},{"id":"3b3ecf8e-5308-4751-b264-66ea525e8ac9","block_type":"box","text":"20.2%","page_number":2,"box":{"x":335,"y":376,"width":32,"height":6}},{"id":"f2f103a8-3db1-4596-9948-3a92d7068150","block_type":"box","text":"UK","page_number":2,"box":{"x":378,"y":377,"width":14,"height":5}},{"id":"cfec3acc-3435-485d-8d69-f963676a4fb2","block_type":"box","text":"8.8%","page_number":2,"box":{"x":341,"y":391,"width":26,"height":6}},{"id":"07d594fa-106d-471a-93f4-bc47b2d143f1","block_type":"box","text":"Europe ex","page_number":2,"box":{"x":378,"y":391,"width":48,"height":7}},{"id":"8f21ebf7-5368-461e-aa8b-8a445ac9ad3c","block_type":"box","text":"-","page_number":2,"box":{"x":427,"y":394,"width":3,"height":1}},{"id":"2c096376-aa2b-4799-afe3-c8a39eeaa76d","block_type":"box","text":"UK","page_number":2,"box":{"x":432,"y":391,"width":13,"height":6}},{"id":"90ee0063-6c64-41ac-bc5a-3e40455a9675","block_type":"box","text":"6.5%","page_number":2,"box":{"x":342,"y":405,"width":25,"height":6}},{"id":"c68cdebc-d35f-4b01-95bd-4eabc6026dc3","block_type":"box","text":"Emerging Markets","page_number":2,"box":{"x":378,"y":405,"width":91,"height":7}},{"id":"d0f08e99-ddad-4aa7-9eeb-473ee2071995","block_type":"box","text":"5.4%","page_number":2,"box":{"x":342,"y":419,"width":25,"height":6}},{"id":"d84e3aee-00aa-463a-b049-25cfa4d5f85c","block_type":"box","text":"Asia ex","page_number":2,"box":{"x":377,"y":419,"width":35,"height":6}},{"id":"d30653c0-5035-4593-a187-a1413214644f","block_type":"box","text":"-","page_number":2,"box":{"x":413,"y":422,"width":3,"height":1}},{"id":"fc71e41b-57ca-441b-93ba-899e7cbff79f","block_type":"box","text":"Japan","page_number":2,"box":{"x":417,"y":419,"width":30,"height":7}},{"id":"2bd3a278-6b86-4b8f-b01f-20b00e8ab7c2","block_type":"box","text":"5.0%","page_number":2,"box":{"x":341,"y":433,"width":26,"height":6}},{"id":"07c9cd26-d1d0-49ad-aff7-8d5bbc6042ab","block_type":"box","text":"Japan","page_number":2,"box":{"x":377,"y":433,"width":31,"height":7}},{"id":"4d16c715-4e57-471a-9f89-26b6c0a03ef8","block_type":"box","text":"12.4%","page_number":2,"box":{"x":774,"y":567,"width":29,"height":6}},{"id":"bf5b7d3c-1a66-4e6f-9288-1c57c59b7eb3","block_type":"box","text":"AAA","page_number":2,"box":{"x":813,"y":567,"width":22,"height":6}},{"id":"6e487ad7-d512-4e68-b88e-5fa515667f05","block_type":"box","text":"49.1%","page_number":2,"box":{"x":773,"y":581,"width":30,"height":6}},{"id":"c46d107c-caf3-46a8-a845-300491a96522","block_type":"box","text":"AA","page_number":2,"box":{"x":813,"y":581,"width":15,"height":6}},{"id":"6bdb5223-7474-49d9-ad76-c255925fbfc4","block_type":"box","text":"22.6%","page_number":2,"box":{"x":772,"y":595,"width":31,"height":6}},{"id":"6fe0bf91-8d74-4ba0-a1e6-f50a2cbf392c","block_type":"box","text":"A","page_number":2,"box":{"x":813,"y":595,"width":7,"height":6}},{"id":"cbc2345c-45b7-4384-ab94-5d9440093925","block_type":"box","text":"15.3%","page_number":2,"box":{"x":774,"y":609,"width":29,"height":6}},{"id":"2ccafb79-c32e-4522-bdce-b0edc1fa9d4a","block_type":"box","text":"BBB","page_number":2,"box":{"x":814,"y":609,"width":20,"height":6}},{"id":"f8d29223-2c5f-4d96-b6d5-4b8f3b849cd6","block_type":"box","text":"0.5%","page_number":2,"box":{"x":777,"y":623,"width":26,"height":6}},{"id":"5a3a1af4-8f39-4444-a5b0-028b64f9a4b1","block_type":"box","text":"Not rated","page_number":2,"box":{"x":814,"y":623,"width":47,"height":6}},{"id":"b3fea842-b7dd-415b-ac93-24cbf7faf9b2","block_type":"box","text":"What the fund invests in","page_number":2,"box":{"x":89,"y":88,"width":511,"height":23}},{"id":"0af5d89f-6113-468d-814a-34b8336533ed","block_type":"box","text":"Fund factsheet","page_number":2,"box":{"x":90,"y":58,"width":110,"height":8}},{"id":"32dbc955-dbf0-4945-8b05-c335188118d9","block_type":"box","text":"| Vanguard LifeStrategy® 60% Equity Fund GBP Income Shares","page_number":2,"box":{"x":216,"y":58,"width":471,"height":10}},{"id":"6e223832-7fd5-41f1-a7a8-6416ed7c8011","block_type":"box","text":"Underlying funds and their proportion of the portfolio","page_number":2,"box":{"x":91,"y":128,"width":385,"height":11}},{"id":"eae7242e-9c34-4be3-9e65-a8033f9fe893","block_type":"box","text":"Equity funds","page_number":2,"box":{"x":92,"y":157,"width":81,"height":9}},{"id":"e3e4c07c-4908-405d-9870-df473a59236c","block_type":"box","text":"Vanguard FTSE Developed World ex","page_number":2,"box":{"x":92,"y":173,"width":207,"height":7}},{"id":"1a3dca45-d196-49bf-b31f-0a4173fddd85","block_type":"box","text":"-","page_number":2,"box":{"x":300,"y":176,"width":3,"height":1}},{"id":"8ec7b1b1-5bb2-4cc0-9ac1-9f77e43ed49b","block_type":"box","text":"U.K. Equity Index Fund","page_number":2,"box":{"x":305,"y":173,"width":127,"height":7}},{"id":"f6d8fa45-8824-4c40-9448-ddef8c3a88ae","block_type":"box","text":"33.2%","page_number":2,"box":{"x":446,"y":173,"width":34,"height":6}},{"id":"c728677c-3225-4e2a-b5ea-4fbab1645e8c","block_type":"box","text":"Vanguard FTSE U.K. All Share Index Unit Trust","page_number":2,"box":{"x":92,"y":186,"width":265,"height":8}},{"id":"94b7cf40-dbbf-4a5b-ba6e-ddac7eea15b5","block_type":"box","text":"12.2%","page_number":2,"box":{"x":446,"y":186,"width":34,"height":6}},{"id":"d369c47c-1bb1-4e3b-b1a1-6d7ca2a931e4","block_type":"box","text":"Vanguard U.S. Equity Index Fund","page_number":2,"box":{"x":92,"y":200,"width":187,"height":8}},{"id":"92322c48-bd79-44de-8df5-4c398e20b59c","block_type":"box","text":"7.8%","page_number":2,"box":{"x":453,"y":200,"width":27,"height":6}},{"id":"343ebab1-3a69-4634-9795-becbcc78f0b6","block_type":"box","text":"Vanguard Emerging Markets Stock Index Fund","page_number":2,"box":{"x":92,"y":214,"width":265,"height":7}},{"id":"4e72aae2-177a-4fbd-bfcf-79b08ebe8755","block_type":"box","text":"5.0%","page_number":2,"box":{"x":453,"y":214,"width":27,"height":6}},{"id":"79c7cfdc-1d17-4b05-84a8-b7ca975003f7","block_type":"box","text":"Vanguard FTSE Developed Europe ex","page_number":2,"box":{"x":92,"y":228,"width":207,"height":7}},{"id":"9e11159f-32a5-40ad-b380-21ee5101cc24","block_type":"box","text":"-","page_number":2,"box":{"x":300,"y":231,"width":3,"height":1}},{"id":"40f4d641-bfcb-40f6-bacc-eaadcd4e8827","block_type":"box","text":"U.K. Equity Index Fund","page_number":2,"box":{"x":305,"y":228,"width":123,"height":7}},{"id":"a3afb671-341c-4c7c-a603-5b92f322158b","block_type":"box","text":"1.2%","page_number":2,"box":{"x":453,"y":228,"width":27,"height":6}},{"id":"d23ebf76-702c-4d4e-9604-84c3c7aaa654","block_type":"box","text":"Vanguard Japan Stock Index Fund","page_number":2,"box":{"x":92,"y":242,"width":195,"height":8}},{"id":"99e70d9f-03ae-473a-95d7-4b3e74548c46","block_type":"box","text":"0.7%","page_number":2,"box":{"x":452,"y":242,"width":28,"height":6}},{"id":"d3834c7d-5a87-4ca3-9fa6-90893134dea6","block_type":"box","text":"Vanguard Pacific ex","page_number":2,"box":{"x":92,"y":255,"width":113,"height":8}},{"id":"c4bd374b-60c8-44e5-8d75-caebbdf830e4","block_type":"box","text":"-","page_number":2,"box":{"x":206,"y":259,"width":3,"height":1}},{"id":"95f359e3-5e3d-4c4c-bedc-b825065e605d","block_type":"box","text":"Japan Stock Index Fund","page_number":2,"box":{"x":210,"y":256,"width":136,"height":7}},{"id":"2a79328d-a362-441d-9a76-b42477d3e307","block_type":"box","text":"0.3%","page_number":2,"box":{"x":452,"y":256,"width":28,"height":6}},{"id":"b496d95b-748a-4382-a378-ac232d585453","block_type":"box","text":"Bond funds","page_number":2,"box":{"x":515,"y":157,"width":72,"height":7}},{"id":"3e980468-07cd-4ad7-8aa4-d76722a88e52","block_type":"box","text":"Vanguard Global Bond Index Fund","page_number":2,"box":{"x":515,"y":173,"width":194,"height":7}},{"id":"ef4df2f4-b396-4fe3-a977-8f77e4f7ebea","block_type":"box","text":"32.6%","page_number":2,"box":{"x":884,"y":173,"width":34,"height":6}},{"id":"0bd8a778-3c92-4269-8fa5-8f31942665c3","block_type":"box","text":"Vanguard U.K. Government Bond Index Fund","page_number":2,"box":{"x":515,"y":186,"width":255,"height":8}},{"id":"128c35bf-c9cb-4f96-898c-811649e81e3e","block_type":"box","text":"3.6%","page_number":2,"box":{"x":891,"y":187,"width":27,"height":6}},{"id":"7933ad47-575a-41cd-94bb-5c164d1b113b","block_type":"box","text":"Vanguard U.K. Investment Grade Bond Index Fund","page_number":2,"box":{"x":515,"y":200,"width":287,"height":8}},{"id":"370b305c-d93c-42fa-a87f-65d379181cc4","block_type":"box","text":"1.5%","page_number":2,"box":{"x":891,"y":200,"width":27,"height":6}},{"id":"d3a698e9-a065-49b9-93fc-d209fbf6c91b","block_type":"box","text":"Vanguard U.K. Inflation","page_number":2,"box":{"x":515,"y":214,"width":133,"height":8}},{"id":"44b2cb38-15bc-4b85-9677-07fbf53cd447","block_type":"box","text":"-","page_number":2,"box":{"x":650,"y":217,"width":3,"height":1}},{"id":"784e3ea5-3e78-47de-ab5d-0aa46b51d401","block_type":"box","text":"Linked Gilt Index Fund","page_number":2,"box":{"x":655,"y":214,"width":125,"height":6}},{"id":"51ad07b5-6a63-4d9d-b403-39e9bf8ae543","block_type":"box","text":"1.4%","page_number":2,"box":{"x":891,"y":214,"width":27,"height":6}},{"id":"0af717f3-928e-4ac5-9d45-ae95698dbe75","block_type":"box","text":"Vanguard Global Aggregate Bond UCITS ETF","page_number":2,"box":{"x":515,"y":228,"width":259,"height":7}},{"id":"e831d065-f983-4111-800e-f2c32754c7db","block_type":"box","text":"0.4%","page_number":2,"box":{"x":891,"y":228,"width":27,"height":6}},{"id":"08d5aa49-16f0-47f5-8bb3-1d8d486daecd","block_type":"box","text":"Investment breakdown","page_number":2,"box":{"x":90,"y":290,"width":166,"height":8}},{"id":"18619265-8618-4d59-a475-26f8ac127d07","block_type":"box","text":"Equity","page_number":2,"box":{"x":91,"y":312,"width":41,"height":9}},{"id":"db18c4aa-de20-436c-9a5e-dacdc7fce120","block_type":"box","text":"investments by region","page_number":2,"box":{"x":137,"y":312,"width":141,"height":9}},{"id":"4a5c2046-b217-4088-8cc5-ce7b5ffcc9a6","block_type":"box","text":"Bond","page_number":2,"box":{"x":515,"y":312,"width":32,"height":7}},{"id":"449d5949-dc4c-4e72-8850-58543d781bd2","block_type":"box","text":"investments by type of issuer","page_number":2,"box":{"x":551,"y":312,"width":190,"height":9}},{"id":"441b0eb5-1d98-45de-a541-ca2515e85f21","block_type":"box","text":"1","page_number":2,"box":{"x":742,"y":311,"width":2,"height":5}},{"id":"cb71e6b9-4a7c-493a-b95b-0b2ec2524ce2","block_type":"box","text":"Equity","page_number":2,"box":{"x":91,"y":505,"width":41,"height":9}},{"id":"e0b6da4c-341a-4b5c-9741-85d3a6774df8","block_type":"box","text":"investments by industry","page_number":2,"box":{"x":137,"y":506,"width":155,"height":8}},{"id":"854c747e-4ddb-4405-8d26-cb5e15862e8a","block_type":"box","text":"Bond","page_number":2,"box":{"x":519,"y":505,"width":32,"height":7}},{"id":"aec99a4c-cf1b-4f70-810a-cf3f0dbcbc40","block_type":"box","text":"investments by credit rating","page_number":2,"box":{"x":556,"y":505,"width":182,"height":9}},{"id":"e0992e47-cc77-491c-9cb5-4e9aaba28e1d","block_type":"box","text":"This is designed for use by and is directed only at persons resident in the UK.","page_number":2,"box":{"x":91,"y":933,"width":430,"height":7}},{"id":"3f621e0d-827b-47e2-bd46-f7d596ea98c1","block_type":"box","text":"Investments by currency","page_number":2,"box":{"x":90,"y":705,"width":159,"height":9}},{"id":"de17abf7-e3f1-4765-bee8-14ecb19206cb","block_type":"box","text":"53.6%","page_number":2,"box":{"x":113,"y":782,"width":32,"height":6}},{"id":"9866ea2f-c441-4fbb-8487-229241252966","block_type":"box","text":"B","page_number":2,"box":{"x":161,"y":782,"width":5,"height":6}},{"id":"7c78cf58-8b1a-496a-89f9-13d6a645729f","block_type":"box","text":"ritish","page_number":2,"box":{"x":168,"y":782,"width":23,"height":6}},{"id":"a90ce253-cf5e-47b8-9201-fa60af6ab6b6","block_type":"box","text":"pounds","page_number":2,"box":{"x":196,"y":782,"width":35,"height":7}},{"id":"6029120b-26fe-48ec-ba27-1e93ae1b283d","block_type":"box","text":"30.2%","page_number":2,"box":{"x":113,"y":796,"width":33,"height":6}},{"id":"3dbe46e2-146e-4b56-9dad-05d95d4f32cc","block_type":"box","text":"US dollars","page_number":2,"box":{"x":161,"y":796,"width":49,"height":6}},{"id":"5c5bf467-c3bf-4a06-929c-570a179afed5","block_type":"box","text":"1.1%","page_number":2,"box":{"x":632,"y":782,"width":21,"height":6}},{"id":"87195562-0f01-4694-b3ca-7d5da75b7b24","block_type":"box","text":"Canadian dollars","page_number":2,"box":{"x":679,"y":782,"width":83,"height":6}},{"id":"9f7873f2-ef3b-4d7b-b8e9-eaee673399e8","block_type":"box","text":"1.0%","page_number":2,"box":{"x":632,"y":796,"width":24,"height":6}},{"id":"c2ff3248-4ac7-4638-a65d-d6583d7f471b","block_type":"box","text":"Hong Kong dollars","page_number":2,"box":{"x":679,"y":796,"width":90,"height":8}},{"id":"f0e7a9e4-9963-43aa-8380-fb6462ffd5f7","block_type":"box","text":"2.0%","page_number":2,"box":{"x":452,"y":782,"width":26,"height":6}},{"id":"1d756232-1615-4816-8104-b196ab1ea8ed","block_type":"box","text":"S","page_number":2,"box":{"x":499,"y":782,"width":6,"height":6}},{"id":"29e88de8-798b-4e9a-9cd6-ff67055bd29b","block_type":"box","text":"outh","page_number":2,"box":{"x":506,"y":782,"width":21,"height":6}},{"id":"bc66f7c4-b375-4ca3-86d8-06a801a39fe4","block_type":"box","text":"Korean won","page_number":2,"box":{"x":532,"y":782,"width":58,"height":6}},{"id":"9e50b242-6429-4e07-be92-1b15f408479c","block_type":"box","text":"1.4%","page_number":2,"box":{"x":452,"y":796,"width":23,"height":6}},{"id":"92dae465-15c2-409c-a0dc-9200e84fd83b","block_type":"box","text":"Taiwan dollars","page_number":2,"box":{"x":498,"y":796,"width":73,"height":6}},{"id":"5d515d83-3329-4417-a05e-7c17f41064a9","block_type":"box","text":"3.6%","page_number":2,"box":{"x":285,"y":782,"width":25,"height":6}},{"id":"8d72de00-e1cb-4325-8200-97a64e912884","block_type":"box","text":"Euros","page_number":2,"box":{"x":331,"y":782,"width":26,"height":6}},{"id":"6ec813c8-df6e-425d-9535-9925bdd44ea1","block_type":"box","text":"2.9%","page_number":2,"box":{"x":285,"y":796,"width":25,"height":6}},{"id":"7103bccc-4071-4ed3-85ea-ee2f366c02d3","block_type":"box","text":"Japanese yen","page_number":2,"box":{"x":330,"y":796,"width":67,"height":8}},{"id":"b9fd3cd5-b989-4288-9ee9-647b05c2532f","block_type":"box","text":"4.2%","page_number":2,"box":{"x":814,"y":782,"width":25,"height":6}},{"id":"36e1baad-103f-4040-afb8-06df368c0793","block_type":"box","text":"Other","page_number":2,"box":{"x":861,"y":782,"width":29,"height":6}},{"id":"19acbc21-961b-4888-8bd9-b0cc01b25ddb","block_type":"box","text":"3","page_number":3,"box":{"x":497,"y":956,"width":6,"height":7}},{"id":"92f3094e-13f7-417d-9e3a-e8452d362af9","block_type":"box","text":"Characteristic","page_number":3,"box":{"x":100,"y":227,"width":93,"height":7}},{"id":"b0835d2c-c366-4652-9238-3a2fd988adaa","block_type":"box","text":"1","page_number":3,"box":{"x":194,"y":227,"width":3,"height":4}},{"id":"c7a60019-57fa-4978-bb28-cbcc546fde33","block_type":"box","text":"Value","page_number":3,"box":{"x":234,"y":227,"width":36,"height":7}},{"id":"6ab8b8b3-c40c-4988-bdbd-db1106173869","block_type":"box","text":"Explanation","page_number":3,"box":{"x":301,"y":227,"width":77,"height":9}},{"id":"4dcf52f0-26b6-4b02-8f37-a725782cae79","block_type":"box","text":"Number of","page_number":3,"box":{"x":101,"y":246,"width":60,"height":6}},{"id":"f8bce2ba-3137-451b-bb3f-e67a1afd69ad","block_type":"box","text":"companies","page_number":3,"box":{"x":100,"y":256,"width":60,"height":7}},{"id":"bcc209b9-8f6c-4bc6-8bbc-6f144106b5a1","block_type":"box","text":"6,399","page_number":3,"box":{"x":237,"y":251,"width":29,"height":7}},{"id":"0d36ab0c-cdff-4b1b-9ef9-7dfad5d1f986","block_type":"box","text":"The fund holds shares in many","page_number":3,"box":{"x":300,"y":246,"width":172,"height":7}},{"id":"451d45fc-b849-4ae5-9983-d381a4c300fb","block_type":"box","text":"companies to help spread risk.","page_number":3,"box":{"x":300,"y":256,"width":172,"height":7}},{"id":"f2e05f1e-15cc-41cf-9d7f-6a70f2d750a4","block_type":"box","text":"Median company","page_number":3,"box":{"x":101,"y":277,"width":96,"height":8}},{"id":"1ef0b281-cd32-43df-89fd-bee04cb2dfd5","block_type":"box","text":"size","page_number":3,"box":{"x":100,"y":287,"width":21,"height":6}},{"id":"cc67dd1b-557b-4ad7-ad25-e901eb051a7f","block_type":"box","text":"*","page_number":3,"box":{"x":122,"y":287,"width":2,"height":2}},{"id":"40df8160-d958-4591-949b-4704df82e5ac","block_type":"box","text":"£116.25mn","page_number":3,"box":{"x":223,"y":283,"width":58,"height":6}},{"id":"3636695d-3b4a-4524-a1d7-12bac9ff43da","block_type":"box","text":"Shows the size of a typical","page_number":3,"box":{"x":300,"y":272,"width":151,"height":8}},{"id":"911e91ea-ecab-4c9a-8ee8-76726ee57c08","block_type":"box","text":"company in the fund, based on its","page_number":3,"box":{"x":300,"y":282,"width":192,"height":8}},{"id":"c6e861c4-57e5-4452-ade0-7612ca5d0d59","block_type":"box","text":"stock market value.","page_number":3,"box":{"x":300,"y":292,"width":110,"height":6}},{"id":"979b6afa-0ff9-414b-8900-6e86c8dfc554","block_type":"box","text":"Dividend yield (%)","page_number":3,"box":{"x":101,"y":324,"width":101,"height":8}},{"id":"b290aa8d-d023-4e70-8031-13e30eddfc85","block_type":"box","text":"1.76%","page_number":3,"box":{"x":236,"y":324,"width":32,"height":6}},{"id":"4ce6bad7-d067-4426-b513-183aa043da65","block_type":"box","text":"Shows how much income the","page_number":3,"box":{"x":300,"y":309,"width":166,"height":6}},{"id":"899ab5fe-8d49-41fe-8eac-a708102952ab","block_type":"box","text":"companies pay out as dividends as","page_number":3,"box":{"x":300,"y":319,"width":197,"height":8}},{"id":"2c638c3f-71d6-42c1-bce5-cf7c19833e91","block_type":"box","text":"a percentage of the share price","page_number":3,"box":{"x":300,"y":329,"width":178,"height":8}},{"id":"040f7eb9-1721-4882-a3e0-8ac03fcebaf1","block_type":"box","text":"each year.","page_number":3,"box":{"x":300,"y":339,"width":57,"height":8}},{"id":"bef64003-0826-4008-9c8b-d50d849eeeaf","block_type":"box","text":"Price","page_number":3,"box":{"x":101,"y":396,"width":26,"height":6}},{"id":"e51de7df-eda3-47ad-a986-7794a03b2b37","block_type":"box","text":"-","page_number":3,"box":{"x":129,"y":399,"width":3,"height":1}},{"id":"24f3f0ab-69bb-4931-b8b2-165293021332","block_type":"box","text":"to","page_number":3,"box":{"x":133,"y":396,"width":11,"height":6}},{"id":"409330a3-4564-4eec-bcc2-c7328c0ad986","block_type":"box","text":"-","page_number":3,"box":{"x":146,"y":399,"width":3,"height":1}},{"id":"76402aaf-f2a8-4762-96b8-43eaf16d049d","block_type":"box","text":"earnings","page_number":3,"box":{"x":150,"y":396,"width":48,"height":7}},{"id":"50289545-0abd-4982-8f87-958517b66d42","block_type":"box","text":"(P/E) ratio (x)","page_number":3,"box":{"x":100,"y":405,"width":79,"height":8}},{"id":"d227868d-0132-47ab-8a19-5a11d5c4f89d","block_type":"box","text":"19.69x","page_number":3,"box":{"x":235,"y":401,"width":34,"height":6}},{"id":"545efa37-3045-4647-9014-4da10979e14c","block_type":"box","text":"Compares a company’s share","page_number":3,"box":{"x":300,"y":356,"width":168,"height":7}},{"id":"3bb0ab9f-0de0-4e0d-9378-30c3aecb1816","block_type":"box","text":"price with its earnings, helping","page_number":3,"box":{"x":301,"y":366,"width":171,"height":7}},{"id":"00a45df1-e510-4a8f-a6b9-b0d1c7984adb","block_type":"box","text":"investors judge whether the shares","page_number":3,"box":{"x":301,"y":376,"width":197,"height":7}},{"id":"9b13e79d-08d6-4531-a39c-48734ae91425","block_type":"box","text":"offer good value relative to current","page_number":3,"box":{"x":300,"y":385,"width":199,"height":8}},{"id":"b86278ec-3393-4b93-b723-412b774a8842","block_type":"box","text":"performance and future","page_number":3,"box":{"x":301,"y":395,"width":136,"height":8}},{"id":"8e558c2a-f047-4689-b317-efb5fdd5a2ab","block_type":"box","text":"prospects. A higher P/E ratio may","page_number":3,"box":{"x":301,"y":405,"width":192,"height":8}},{"id":"e0520559-7c51-4303-8cd8-acc052cfb2b6","block_type":"box","text":"suggest that investors expect","page_number":3,"box":{"x":300,"y":415,"width":169,"height":8}},{"id":"bc6bd168-0a28-4f8d-9544-f2a8b56b217d","block_type":"box","text":"strong growth, while a lower ratio","page_number":3,"box":{"x":300,"y":425,"width":193,"height":8}},{"id":"c65a49f9-0d13-4144-96b0-9434b86d7f0b","block_type":"box","text":"could suggest more modest","page_number":3,"box":{"x":300,"y":435,"width":158,"height":8}},{"id":"ee974838-6396-4dba-8578-14a15277d781","block_type":"box","text":"expectations","page_number":3,"box":{"x":300,"y":446,"width":72,"height":7}},{"id":"23f53800-7e7b-43f2-8b07-825a9e23a4af","block_type":"box","text":".","page_number":3,"box":{"x":374,"y":450,"width":1,"height":1}},{"id":"6c87fdf2-6765-410a-ad3f-c9fad590e259","block_type":"box","text":"Fund characteristics","page_number":3,"box":{"x":93,"y":88,"width":426,"height":23}},{"id":"04d7c985-4487-40ac-a24f-26ad1aa2e777","block_type":"box","text":"Equity funds","page_number":3,"box":{"x":92,"y":199,"width":91,"height":10}},{"id":"fd3f3f2b-adad-493e-b9eb-09b52f2497fa","block_type":"box","text":"This section provides a snapshot of the types of investments held within the fund. The information below is designed to help","page_number":3,"box":{"x":90,"y":148,"width":806,"height":9}},{"id":"6a1638a5-71f0-43db-ba5e-4ae736b8795b","block_type":"box","text":"you understand the fund’s structure, diversification, income potential, and sensitivity to market conditions. It does not pre","page_number":3,"box":{"x":90,"y":160,"width":792,"height":9}},{"id":"b426e530-c88d-454e-8d01-a5f6b69b67bb","block_type":"box","text":"dic","page_number":3,"box":{"x":883,"y":161,"width":18,"height":7}},{"id":"ac2faf1b-d113-406f-8483-b7da616d9fa1","block_type":"box","text":"t","page_number":3,"box":{"x":902,"y":161,"width":5,"height":7}},{"id":"b4e1bf47-bf1e-46e7-aeae-68ef20c91882","block_type":"box","text":"future returns.","page_number":3,"box":{"x":90,"y":173,"width":95,"height":7}},{"id":"2a332197-e25b-4996-8c67-2b1e7e8d6113","block_type":"box","text":"Bond funds","page_number":3,"box":{"x":535,"y":198,"width":80,"height":8}},{"id":"4cf2c201-ad97-4c4b-b396-3353c814b663","block_type":"box","text":"Fund factsheet","page_number":3,"box":{"x":90,"y":58,"width":110,"height":8}},{"id":"2bbc9923-5b6e-4fd5-8702-8e08dff5a79a","block_type":"box","text":"| Vanguard LifeStrategy® 60% Equity Fund GBP Income Shares","page_number":3,"box":{"x":216,"y":58,"width":471,"height":10}},{"id":"5de4c51a-5566-49ef-a769-3e48dc571c92","block_type":"box","text":"Additional information","page_number":3,"box":{"x":102,"y":491,"width":163,"height":8}},{"id":"1a29c033-e9b4-424e-97de-b20edbea983c","block_type":"box","text":"All data reflects the fund’s holdings as of the date of this document and may change over time.","page_number":3,"box":{"x":102,"y":515,"width":620,"height":9}},{"id":"de81c3a6-9de0-4c15-b5fa-4289b2a14a12","block_type":"box","text":"The fund holds a mix of government, public sector, company and mortgage","page_number":3,"box":{"x":102,"y":527,"width":487,"height":9}},{"id":"6825a689-a9e4-4c9e-a86e-40e95a91c9b8","block_type":"box","text":"-","page_number":3,"box":{"x":590,"y":531,"width":4,"height":1}},{"id":"d55c5095-f8f6-4835-87fa-58f4bb226dd4","block_type":"box","text":"backed bonds, along with a broad range of","page_number":3,"box":{"x":596,"y":527,"width":278,"height":9}},{"id":"e6f661d7-0ef2-4cc9-a322-f31c04280cfb","block_type":"box","text":"shares. The figures shown are averaged across all holdings to give a clear overall picture.","page_number":3,"box":{"x":102,"y":539,"width":575,"height":9}},{"id":"f4825e41-7b53-47db-aafe-e021a7bc4fc2","block_type":"box","text":"Source: Vanguard data as at 30 September 2026.","page_number":3,"box":{"x":91,"y":869,"width":282,"height":7}},{"id":"026d31b0-6c08-4c73-b9ed-42f51d5eff68","block_type":"box","text":"1","page_number":3,"box":{"x":90,"y":879,"width":2,"height":4}},{"id":"7ee30973-e540-4e6c-bd06-3922900f80fc","block_type":"box","text":"Calculated as the average across the equity holdings, weighted by the size of each holding.","page_number":3,"box":{"x":97,"y":879,"width":516,"height":8}},{"id":"8a5a26fa-8e8a-4c2e-b5ca-056a871c0103","block_type":"box","text":"2","page_number":3,"box":{"x":90,"y":889,"width":4,"height":4}},{"id":"0e9d7e64-d7bb-4498-a0f1-ccbf90d4baad","block_type":"box","text":"Calculated as the average across the bond holdings, weighted by the size of each holding.","page_number":3,"box":{"x":98,"y":890,"width":510,"height":8}},{"id":"5bbedc24-225d-4784-9c80-3ca2098e58b5","block_type":"box","text":"*","page_number":3,"box":{"x":90,"y":900,"width":3,"height":2}},{"id":"27d0af64-349e-4967-8a60-fb2283a7268b","block_type":"box","text":"To work out the median company size, we first calculate the median company size of each underlying fund held in the LifeStrat","page_number":3,"box":{"x":96,"y":901,"width":703,"height":7}},{"id":"c721adfd-99a2-4a3d-b4ba-d5b004c515e0","block_type":"box","text":"egy","page_number":3,"box":{"x":800,"y":903,"width":19,"height":5}},{"id":"d6e7a60a-c173-4b9e-b430-a832e876395d","block_type":"box","text":"portfolio. We then","page_number":3,"box":{"x":823,"y":901,"width":100,"height":7}},{"id":"3f7cbbd2-69f5-44e8-a0d1-3fd45c46aba8","block_type":"box","text":"combine those figures, giving more weight to the underlying funds that make up a larger share of the portfolio. This differs","page_number":3,"box":{"x":91,"y":911,"width":678,"height":8}},{"id":"76b8a8e7-3416-4bc3-96bc-d2bb34d223ac","block_type":"box","text":"fro","page_number":3,"box":{"x":772,"y":911,"width":16,"height":6}},{"id":"d31f09aa-0921-4fcb-bcf5-11b31c60d9ce","block_type":"box","text":"m an approach that","page_number":3,"box":{"x":790,"y":911,"width":110,"height":8}},{"id":"898c71f2-8dc5-4ef7-812f-b786b65f1367","block_type":"box","text":"combines all the individual companies held across the portfolio into a single group and calculates the median company size fr","page_number":3,"box":{"x":91,"y":922,"width":691,"height":8}},{"id":"d18d60c9-38c7-4abd-8c35-d7a3f9b8ff0a","block_type":"box","text":"om","page_number":3,"box":{"x":782,"y":924,"width":17,"height":4}},{"id":"b20d484f-2a3d-4987-9a4f-b83ca77de23c","block_type":"box","text":"those holdings directly.","page_number":3,"box":{"x":803,"y":922,"width":127,"height":8}},{"id":"12567e5e-93c0-4e51-9189-10cd3fe5196a","block_type":"box","text":"This is designed for use by and is directed only at persons resident in the UK.","page_number":3,"box":{"x":89,"y":934,"width":431,"height":7}},{"id":"18594642-39ce-458f-84a6-edd0116dfd0b","block_type":"box","text":"Key investment risks","page_number":3,"box":{"x":105,"y":675,"width":134,"height":9}},{"id":"df979824-6272-41c2-8751-c4352527bdbf","block_type":"box","text":"•","page_number":3,"box":{"x":105,"y":691,"width":3,"height":2}},{"id":"f6e3c61c-6641-4da7-8e41-6d07789615bd","block_type":"box","text":"The value of equities and bonds can be affected by factors","page_number":3,"box":{"x":127,"y":689,"width":333,"height":8}},{"id":"fc3b5fd0-d160-4511-aa5a-143c6963e534","block_type":"box","text":"such as stock market movements, interest rates, credit","page_number":3,"box":{"x":127,"y":699,"width":314,"height":7}},{"id":"7284404c-15b1-4273-b921-d6edc3166a95","block_type":"box","text":"spreads and volatility.","page_number":3,"box":{"x":127,"y":709,"width":125,"height":8}},{"id":"089c04aa-9d63-40c3-8ef3-37e7d65b705f","block_type":"box","text":"•","page_number":3,"box":{"x":105,"y":725,"width":3,"height":2}},{"id":"c35c95f7-2cb1-4b48-a904-81327cf7c1a9","block_type":"box","text":"Other driving factors include political, economic news,","page_number":3,"box":{"x":128,"y":722,"width":305,"height":8}},{"id":"eae2b741-dc80-48a9-be04-054734229fc4","block_type":"box","text":"company earnings and significant corporate events.","page_number":3,"box":{"x":127,"y":732,"width":296,"height":8}},{"id":"8dffac14-d482-4e5e-842f-7ef5d0e44f40","block_type":"box","text":"•","page_number":3,"box":{"x":105,"y":748,"width":3,"height":2}},{"id":"774a3e8d-4d82-4a6b-bf65-21055baf2035","block_type":"box","text":"Movements in currency exchange rates can adversely affect","page_number":3,"box":{"x":128,"y":746,"width":340,"height":8}},{"id":"20476f30-091e-4064-b788-f1401e22b908","block_type":"box","text":"the return of your investment.","page_number":3,"box":{"x":127,"y":756,"width":171,"height":8}},{"id":"6d084814-f933-4b26-a3e1-d08ad8b8a6cd","block_type":"box","text":"Counterparty risk.","page_number":3,"box":{"x":105,"y":770,"width":103,"height":7}},{"id":"89d83199-7dcc-46d0-b0d0-7eaaa68093ef","block_type":"box","text":"The insolvency of any institutions providing","page_number":3,"box":{"x":213,"y":770,"width":244,"height":7}},{"id":"75b2a9ca-b704-41d8-b47e-fc3dfd245b81","block_type":"box","text":"services such as safekeeping of assets or acting as counterparty","page_number":3,"box":{"x":105,"y":780,"width":365,"height":7}},{"id":"87a02d73-b43a-416c-907d-2966f027c60e","block_type":"box","text":"to derivatives or other instruments, may expose the Fund to","page_number":3,"box":{"x":104,"y":790,"width":341,"height":7}},{"id":"d63ca751-d6b5-40bc-96b7-0b250072443f","block_type":"box","text":"financial loss.","page_number":3,"box":{"x":104,"y":799,"width":76,"height":7}},{"id":"b1591a12-bbf1-4751-8677-bafe1903d8f7","block_type":"box","text":"Liquidity risk.","page_number":3,"box":{"x":105,"y":813,"width":75,"height":8}},{"id":"7a1e1ca6-7881-4df4-8412-eeb13c9b1db5","block_type":"box","text":"Lower liquidity means there are insufficient buyers","page_number":3,"box":{"x":185,"y":813,"width":287,"height":8}},{"id":"6903e211-3839-4c64-89b0-257d3a278a82","block_type":"box","text":"or sellers to allow the Fund to sell or buy investments readily. This","page_number":3,"box":{"x":105,"y":823,"width":372,"height":8}},{"id":"2d9cc73d-9966-40b3-a520-5d79ae38612e","block_type":"box","text":"could cause the Fund to incur higher costs when buying or selling","page_number":3,"box":{"x":105,"y":833,"width":367,"height":8}},{"id":"53370dec-cfaa-42fe-b703-eb688b1dfd08","block_type":"box","text":"investments or could mean that the Fund is not able to buy or sell","page_number":3,"box":{"x":516,"y":689,"width":372,"height":8}},{"id":"39e80d7a-a9ef-4780-8799-3cfbe1d42f2f","block_type":"box","text":"investments when it would like to do so.","page_number":3,"box":{"x":516,"y":699,"width":225,"height":6}},{"id":"105835d2-8c49-468b-a71b-18a2a610930f","block_type":"box","text":"Credit risk.","page_number":3,"box":{"x":515,"y":713,"width":62,"height":6}},{"id":"1730c3ec-d54c-4a28-9e4e-3e1af980ea3c","block_type":"box","text":"The issuer of a financial asset held within the Fund","page_number":3,"box":{"x":581,"y":713,"width":288,"height":6}},{"id":"0c9b586f-91c9-4715-ae4c-59d7d9cee762","block_type":"box","text":"may not pay income or repay capital to the Fund when due.","page_number":3,"box":{"x":516,"y":723,"width":338,"height":7}},{"id":"49a2ba9e-2d58-4314-be6f-c1c5e20ca1e0","block_type":"box","text":"Inflation risk.","page_number":3,"box":{"x":516,"y":736,"width":73,"height":6}},{"id":"6dc614e6-a600-45a0-bcce-be63d5eafbe8","block_type":"box","text":"The value of your investments may not be worth as","page_number":3,"box":{"x":594,"y":736,"width":291,"height":8}},{"id":"0d9d7e90-59d6-4806-b20d-7380862a8fd1","block_type":"box","text":"much in the future due to changes in purchasing power resulting","page_number":3,"box":{"x":516,"y":746,"width":365,"height":8}},{"id":"bf9f2eca-ff9d-4bb7-8380-f4af3918387c","block_type":"box","text":"from inflation.","page_number":3,"box":{"x":515,"y":756,"width":81,"height":6}},{"id":"402b0d50-edcc-4aba-bde4-64226fbef727","block_type":"box","text":"Use of derivatives.","page_number":3,"box":{"x":516,"y":770,"width":104,"height":6}},{"id":"27e2eb8c-2739-4d39-a83b-cce0ab04d3f0","block_type":"box","text":"The use of derivatives could increase or reduce","page_number":3,"box":{"x":624,"y":770,"width":263,"height":6}},{"id":"9bf9d4c7-bac9-4494-ac1b-776e6b046c63","block_type":"box","text":"exposure to underlying assets and result in greater fluctuations","page_number":3,"box":{"x":516,"y":780,"width":359,"height":7}},{"id":"481b7436-c632-4303-a516-272764664655","block_type":"box","text":"of the Fund's net asset value.","page_number":3,"box":{"x":516,"y":789,"width":167,"height":7}},{"id":"090d7b13-2de9-4b24-a8b3-4625f0c91441","block_type":"box","text":"Characteristic","page_number":3,"box":{"x":543,"y":227,"width":93,"height":7}},{"id":"68f08452-e1e0-47c0-872c-33ac65c99b91","block_type":"box","text":"2","page_number":3,"box":{"x":637,"y":227,"width":4,"height":4}},{"id":"7522db16-e7d0-458c-9f48-cde159bc3c4e","block_type":"box","text":"Value","page_number":3,"box":{"x":677,"y":227,"width":37,"height":7}},{"id":"6f798b0a-cad1-4636-8cd2-80771a4ea57c","block_type":"box","text":"Explanation","page_number":3,"box":{"x":740,"y":227,"width":77,"height":9}},{"id":"5c09204b-d3fa-4979-bceb-ed8d180cb8ae","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":544,"y":251,"width":97,"height":6}},{"id":"09714cb3-e0a7-4f12-b162-cca7efa16199","block_type":"box","text":"20,353","page_number":3,"box":{"x":678,"y":251,"width":36,"height":7}},{"id":"de0d14a8-4127-49b8-8eae-d19225fa927a","block_type":"box","text":"The fund holds many different","page_number":3,"box":{"x":739,"y":246,"width":173,"height":7}},{"id":"b14fbb32-a90c-4bcf-bc49-9227f11aef24","block_type":"box","text":"bonds for diversification.","page_number":3,"box":{"x":740,"y":256,"width":140,"height":6}},{"id":"dc52a292-de93-40c1-b2a5-3988bea2b3ef","block_type":"box","text":"Yield to worst (%)","page_number":3,"box":{"x":542,"y":302,"width":103,"height":7}},{"id":"08ee5384-f158-4107-849f-210564520abf","block_type":"box","text":"4.81%","page_number":3,"box":{"x":679,"y":303,"width":33,"height":6}},{"id":"689a432d-d01e-490b-9188-3e04cf2f72cb","block_type":"box","text":"The lowest yield you could get","page_number":3,"box":{"x":739,"y":272,"width":170,"height":8}},{"id":"3af56a0e-5fa5-449e-b529-d2c7642ef17c","block_type":"box","text":"from a bond assuming the issuer","page_number":3,"box":{"x":739,"y":282,"width":187,"height":8}},{"id":"de14f4df-6c33-44d2-a769-a8414ddeeece","block_type":"box","text":"doesn’t fail to repay the loan. It","page_number":3,"box":{"x":739,"y":292,"width":179,"height":8}},{"id":"648b9831-96c3-498d-aa1a-651fbd245e60","block_type":"box","text":"looks at all the ways the bond","page_number":3,"box":{"x":740,"y":302,"width":168,"height":8}},{"id":"12acf376-b3f7-49ff-b420-a1e4b24da184","block_type":"box","text":"could be paid back early and","page_number":3,"box":{"x":739,"y":312,"width":161,"height":8}},{"id":"0d6794d2-4f03-4395-9e5a-f4356785f8d8","block_type":"box","text":"takes the outcome that gives","page_number":3,"box":{"x":739,"y":322,"width":166,"height":8}},{"id":"cffa4a0b-b1a3-45b5-97f6-5aa5f9a0e019","block_type":"box","text":"you the least favourable return.","page_number":3,"box":{"x":739,"y":332,"width":179,"height":8}},{"id":"70704a3f-06af-4d6e-958b-ad9f7dd16c7d","block_type":"box","text":"Average duration","page_number":3,"box":{"x":543,"y":379,"width":97,"height":8}},{"id":"6eade4e9-915d-4593-beef-0882812856f7","block_type":"box","text":"6.33 years","page_number":3,"box":{"x":668,"y":379,"width":55,"height":8}},{"id":"5a0a2a93-8b0d-4353-973b-dd3b79d15640","block_type":"box","text":"Shows the average time it takes","page_number":3,"box":{"x":740,"y":349,"width":183,"height":8}},{"id":"e9c65f18-b272-4fed-83e9-cf2db17327f8","block_type":"box","text":"to get a bond’s value back","page_number":3,"box":{"x":739,"y":359,"width":149,"height":8}},{"id":"5ed127ee-819c-4b8f-9f48-44c27f269733","block_type":"box","text":"through interest payments and","page_number":3,"box":{"x":739,"y":369,"width":177,"height":8}},{"id":"a3b0778d-e713-4c1a-8396-60f9a7249d23","block_type":"box","text":"the final repayment. The longer","page_number":3,"box":{"x":739,"y":379,"width":179,"height":8}},{"id":"aa82f8ec-6663-4c66-b955-c6831f195397","block_type":"box","text":"the duration, the more sensitive","page_number":3,"box":{"x":739,"y":389,"width":181,"height":7}},{"id":"4b7ff7c2-8dfb-4055-ac2b-50500ad82592","block_type":"box","text":"the bond is to changes in","page_number":3,"box":{"x":739,"y":399,"width":141,"height":8}},{"id":"246a841c-91ea-4be4-a0c3-3c54dfab6eaf","block_type":"box","text":"interest rates.","page_number":3,"box":{"x":740,"y":409,"width":78,"height":6}},{"id":"f232a5d0-ba77-495d-aee4-131e38fb0c88","block_type":"box","text":"4","page_number":4,"box":{"x":497,"y":957,"width":7,"height":6}},{"id":"f0289e15-7687-4c49-91fe-3bfff0c1482b","block_type":"box","text":"Glossary","page_number":4,"box":{"x":90,"y":59,"width":63,"height":9}},{"id":"606351b7-43df-4860-b57c-a3be86cfae6e","block_type":"box","text":"| Vanguard LifeStrategy® 60% Equity Fund GBP Income Shares","page_number":4,"box":{"x":169,"y":58,"width":471,"height":10}},{"id":"ff47794d-d9b6-4eac-80e5-f4a24898daf4","block_type":"box","text":"Active","page_number":4,"box":{"x":93,"y":90,"width":40,"height":7}},{"id":"6cdce665-0816-4f5b-aa98-ad6e37b23ee1","block_type":"box","text":"fund","page_number":4,"box":{"x":136,"y":90,"width":29,"height":7}},{"id":"41a0c044-8710-422b-840e-c9040d71eedf","block_type":"box","text":"management","page_number":4,"box":{"x":170,"y":91,"width":84,"height":8}},{"id":"1f9b03f3-f020-44b9-a204-1fcdf04337c9","block_type":"box","text":"This","page_number":4,"box":{"x":93,"y":108,"width":26,"height":7}},{"id":"108a6787-af50-4327-89fe-2fde8c600952","block_type":"box","text":"is","page_number":4,"box":{"x":123,"y":109,"width":9,"height":6}},{"id":"b41bacbb-96d0-4f17-8c11-377349aca0fc","block_type":"box","text":"an","page_number":4,"box":{"x":136,"y":111,"width":15,"height":4}},{"id":"b88f0a15-5bd6-448c-ad6b-42f2f3227292","block_type":"box","text":"approach","page_number":4,"box":{"x":156,"y":108,"width":59,"height":9}},{"id":"1710845f-3f29-45f7-a403-511cce23da56","block_type":"box","text":"to","page_number":4,"box":{"x":220,"y":109,"width":13,"height":6}},{"id":"266b8569-ff2b-4609-be24-97899a49d6f8","block_type":"box","text":"investing","page_number":4,"box":{"x":238,"y":109,"width":56,"height":8}},{"id":"dc379393-7a3a-4155-8c38-a1f4eafdffcf","block_type":"box","text":"that","page_number":4,"box":{"x":299,"y":108,"width":28,"height":7}},{"id":"f207337c-bc7f-4aa8-8391-acec73c8aad3","block_type":"box","text":"sees","page_number":4,"box":{"x":331,"y":111,"width":26,"height":4}},{"id":"5a210d4c-2cdb-4e1e-bbfe-ae85c675b544","block_type":"box","text":"an","page_number":4,"box":{"x":361,"y":111,"width":15,"height":4}},{"id":"56e692c8-8828-4d95-bbd3-0d168256e678","block_type":"box","text":"investment","page_number":4,"box":{"x":381,"y":109,"width":72,"height":6}},{"id":"1299b2bb-b0b3-4482-875a-a878e94df572","block_type":"box","text":"manager","page_number":4,"box":{"x":94,"y":124,"width":58,"height":6}},{"id":"98c81893-9589-4d6a-9b99-f1021cd00b80","block_type":"box","text":"select","page_number":4,"box":{"x":155,"y":121,"width":38,"height":7}},{"id":"da8e2c8e-575f-40d6-abd3-657f87bc6eca","block_type":"box","text":"shares","page_number":4,"box":{"x":197,"y":121,"width":42,"height":7}},{"id":"e8cfbbcf-45e5-4633-b6f2-a27d4897439d","block_type":"box","text":"and","page_number":4,"box":{"x":243,"y":121,"width":22,"height":7}},{"id":"be824344-1fef-4cd9-9acf-c5ca29a12a30","block_type":"box","text":"other","page_number":4,"box":{"x":270,"y":121,"width":34,"height":7}},{"id":"78853aa4-c90f-4735-8dd9-26078f30d178","block_type":"box","text":"assets","page_number":4,"box":{"x":308,"y":122,"width":41,"height":6}},{"id":"26d51cb6-c4bd-4377-9db0-2102209a538f","block_type":"box","text":"in","page_number":4,"box":{"x":354,"y":122,"width":9,"height":6}},{"id":"26004324-bdf8-4142-995c-23c7abbfe97c","block_type":"box","text":"accordance","page_number":4,"box":{"x":368,"y":121,"width":72,"height":7}},{"id":"09b6ae13-8278-4383-9d0e-fdea62129f77","block_type":"box","text":"with","page_number":4,"box":{"x":445,"y":121,"width":27,"height":7}},{"id":"4fcbccfe-db1a-4b0a-a354-f9c4368caeb2","block_type":"box","text":"the","page_number":4,"box":{"x":93,"y":134,"width":21,"height":7}},{"id":"953c3f76-06d7-4457-8a1b-651c01786d0f","block_type":"box","text":"fund’s","page_number":4,"box":{"x":118,"y":134,"width":39,"height":7}},{"id":"451898f6-a3e7-430e-b89f-4483a89951ad","block_type":"box","text":"investment","page_number":4,"box":{"x":161,"y":134,"width":73,"height":7}},{"id":"72749ad8-c6ad-455b-a94e-43a64d65aff8","block_type":"box","text":"objectives.","page_number":4,"box":{"x":237,"y":134,"width":65,"height":9}},{"id":"0a7954f0-71d3-4f59-bd62-10dce2add1cd","block_type":"box","text":"Annualised","page_number":4,"box":{"x":93,"y":153,"width":71,"height":7}},{"id":"6338f400-63d3-4256-a663-13e809301f85","block_type":"box","text":"performance","page_number":4,"box":{"x":169,"y":153,"width":82,"height":9}},{"id":"d9ed8bbe-bcf2-409b-bf88-cf1a73ef32ae","block_type":"box","text":"Shows the average return per year over a period, assuming","page_number":4,"box":{"x":92,"y":171,"width":383,"height":9}},{"id":"9bed83bf-ec96-467f-b4c2-999ba44b3fc9","block_type":"box","text":"returns are compounded each year (i.e. the investor earns a","page_number":4,"box":{"x":92,"y":183,"width":386,"height":8}},{"id":"56142b3f-d6c8-4e0d-8b70-3aa45edf3e45","block_type":"box","text":"return on their return as well as the original capital).","page_number":4,"box":{"x":92,"y":194,"width":339,"height":9}},{"id":"a5c7d9cf-745c-4786-a35e-b6e22c1b02a5","block_type":"box","text":"Asset allocation","page_number":4,"box":{"x":91,"y":211,"width":105,"height":7}},{"id":"652c7d11-2ef4-4df7-b018-e768a26a99ec","block_type":"box","text":"This refers to the mix of different assets (or investments),","page_number":4,"box":{"x":91,"y":229,"width":378,"height":8}},{"id":"5a97e883-af97-4b61-af67-d8d003e0f5a8","block_type":"box","text":"such as shares and bonds, in a portfolio.","page_number":4,"box":{"x":92,"y":240,"width":259,"height":9}},{"id":"dad52392-e8b2-48a2-bf88-c7df87b2b43b","block_type":"box","text":"Asset, asset class","page_number":4,"box":{"x":93,"y":258,"width":115,"height":8}},{"id":"90409f23-cd71-47d9-b1dd-9f154f80bed0","block_type":"box","text":"A","page_number":4,"box":{"x":93,"y":276,"width":9,"height":6}},{"id":"c494961b-44f1-4225-955c-7f5c793edab9","block_type":"box","text":"category","page_number":4,"box":{"x":106,"y":276,"width":58,"height":8}},{"id":"d13c4553-5763-4181-b2ca-74fec314dc2f","block_type":"box","text":"of","page_number":4,"box":{"x":168,"y":275,"width":13,"height":7}},{"id":"6119c734-6328-434e-9dfb-4ed97eb54046","block_type":"box","text":"investment","page_number":4,"box":{"x":185,"y":276,"width":71,"height":6}},{"id":"1ba0f876-0125-4be3-b22e-26a5c394f727","block_type":"box","text":"that displays","page_number":4,"box":{"x":260,"y":275,"width":83,"height":9}},{"id":"91d26e90-aa79-42c1-9f0c-9e7edc61d1e4","block_type":"box","text":"similar","page_number":4,"box":{"x":348,"y":275,"width":42,"height":7}},{"id":"ff0020f4-e564-4458-b222-5d3286e5b009","block_type":"box","text":"characteristics,","page_number":4,"box":{"x":394,"y":275,"width":99,"height":8}},{"id":"409675d3-c0aa-4357-886a-7b93c0a345ae","block_type":"box","text":"for","page_number":4,"box":{"x":93,"y":288,"width":19,"height":7}},{"id":"4f922aaf-94c2-4927-8553-711aebdf64ec","block_type":"box","text":"example,","page_number":4,"box":{"x":116,"y":288,"width":56,"height":9}},{"id":"e33b7882-6145-4580-bbcd-5fb20fae2c62","block_type":"box","text":"shares,","page_number":4,"box":{"x":176,"y":288,"width":45,"height":8}},{"id":"3292947d-08c1-4a66-b3ff-3b310599b478","block_type":"box","text":"bonds","page_number":4,"box":{"x":226,"y":288,"width":37,"height":7}},{"id":"9f791cbf-aeb7-45eb-b5ac-d5f231235938","block_type":"box","text":"or","page_number":4,"box":{"x":267,"y":291,"width":13,"height":4}},{"id":"aa809ecd-5871-47fb-a687-f56610116abd","block_type":"box","text":"property.","page_number":4,"box":{"x":285,"y":289,"width":57,"height":8}},{"id":"dc13a442-17b0-4cb8-9359-129215f05be6","block_type":"box","text":"Bonds","page_number":4,"box":{"x":92,"y":307,"width":39,"height":7}},{"id":"c6e2a940-fb88-4485-a873-1ab23d844d54","block_type":"box","text":"Bonds are a type of loan issued by governments or","page_number":4,"box":{"x":93,"y":324,"width":327,"height":9}},{"id":"8755d7fc-3ba8-4351-aa2b-6d307db42341","block_type":"box","text":"companies, which typically pay a fixed amount of interest and","page_number":4,"box":{"x":92,"y":335,"width":401,"height":9}},{"id":"21f59fcf-512b-4041-889e-66bc459d2048","block_type":"box","text":"return the capital at the end of the term.","page_number":4,"box":{"x":92,"y":347,"width":266,"height":9}},{"id":"134f0fab-36a3-4dfc-84ea-36a73b911fcf","block_type":"box","text":"Corporate bonds","page_number":4,"box":{"x":92,"y":364,"width":109,"height":9}},{"id":"a73d0b86-d69e-455a-93d6-85434dc167ca","block_type":"box","text":"Corporate bonds are loans to companies, used to fund","page_number":4,"box":{"x":92,"y":381,"width":353,"height":9}},{"id":"3c9334f2-5826-4e2d-a05d-9e6bb2337656","block_type":"box","text":"business activities. They usually pay higher income than","page_number":4,"box":{"x":92,"y":393,"width":359,"height":9}},{"id":"eef8a88d-1ca5-4379-ab89-228270606f9d","block_type":"box","text":"government bonds, reflecting the higher level of risk.","page_number":4,"box":{"x":92,"y":404,"width":339,"height":9}},{"id":"354e463a-8209-4c99-93f1-6fd45728cc74","block_type":"box","text":"Credit rating (bonds)","page_number":4,"box":{"x":92,"y":422,"width":137,"height":8}},{"id":"d9ef264e-bfc3-45da-a81d-ccd32cf2f877","block_type":"box","text":"Indicates how likely a bond issuer is to meet its debt","page_number":4,"box":{"x":93,"y":439,"width":337,"height":9}},{"id":"b53b74bd-9391-4f5f-bbd8-f60572162942","block_type":"box","text":"payments. Higher ratings, such as AAA, typically mean lower","page_number":4,"box":{"x":92,"y":450,"width":393,"height":9}},{"id":"9fc8e1f4-d629-48cf-a392-a8e85f60cd85","block_type":"box","text":"risk, while lower ratings, such as BBB or below, indicate higher","page_number":4,"box":{"x":92,"y":462,"width":403,"height":8}},{"id":"882dc2f3-43e2-4082-8375-168786357db8","block_type":"box","text":"risk but potentially higher returns.","page_number":4,"box":{"x":92,"y":473,"width":220,"height":9}},{"id":"01e2a19b-8b28-4d3c-9c0e-fbe0f8d21d1e","block_type":"box","text":"Cumulative performance","page_number":4,"box":{"x":92,"y":490,"width":161,"height":9}},{"id":"29a467f9-4929-4391-bb67-9087858e72bb","block_type":"box","text":"Shows the return over a period of time, reflecting the overall","page_number":4,"box":{"x":92,"y":508,"width":393,"height":9}},{"id":"925a8173-135d-411e-9992-4b597d986015","block_type":"box","text":"change in value from the start to the end of the period.","page_number":4,"box":{"x":92,"y":519,"width":358,"height":9}},{"id":"bef106b5-898c-4c48-948e-2c842606612d","block_type":"box","text":"Derivatives","page_number":4,"box":{"x":92,"y":536,"width":73,"height":7}},{"id":"f3c36756-7c4d-468f-9fe7-68ad0c0359d4","block_type":"box","text":"A financial contract whose value is linked to another asset,","page_number":4,"box":{"x":91,"y":554,"width":381,"height":8}},{"id":"62b2d7a0-083c-48c1-af4b-9186f33a3baf","block_type":"box","text":"such as a share or bond.","page_number":4,"box":{"x":92,"y":565,"width":156,"height":7}},{"id":"44b29cc6-4a0a-4bdc-ae83-ca780ebe999c","block_type":"box","text":"Diversification","page_number":4,"box":{"x":92,"y":583,"width":94,"height":7}},{"id":"ecfe1789-a8dc-4a74-951d-765503a7c5c0","block_type":"box","text":"This is a strategy designed to reduce the risk in an investment","page_number":4,"box":{"x":91,"y":600,"width":402,"height":9}},{"id":"7c0abc86-4957-46af-b636-4c8ee4d65b40","block_type":"box","text":"portfolio by holding a wide range of assets. This helps to","page_number":4,"box":{"x":92,"y":611,"width":365,"height":9}},{"id":"fa79678c-cc6a-4d55-acbf-bac72bc4ec68","block_type":"box","text":"manage risk because better","page_number":4,"box":{"x":92,"y":623,"width":181,"height":9}},{"id":"5b876c4b-957c-4eac-bcb1-08d2246223bd","block_type":"box","text":"-","page_number":4,"box":{"x":274,"y":627,"width":4,"height":0}},{"id":"779120f4-8888-4a7b-a584-cd7e109a2830","block_type":"box","text":"performing investments can help","page_number":4,"box":{"x":280,"y":623,"width":213,"height":9}},{"id":"c6bb9fdf-2266-41e4-8548-58623b840aae","block_type":"box","text":"to offset those that perform less well, over time.","page_number":4,"box":{"x":92,"y":634,"width":315,"height":9}},{"id":"68ef110d-d665-4d5f-a4d2-5f0776b5b60e","block_type":"box","text":"Equities/shares","page_number":4,"box":{"x":92,"y":651,"width":102,"height":9}},{"id":"c9422d18-b60c-4168-95a3-7df1e52f8596","block_type":"box","text":"Equities","page_number":4,"box":{"x":93,"y":669,"width":50,"height":9}},{"id":"424892e8-40a1-497d-a92d-ba8972fd58a1","block_type":"box","text":"–","page_number":4,"box":{"x":148,"y":673,"width":6,"height":1}},{"id":"b80266dd-d995-423a-b73e-7944b80fb85a","block_type":"box","text":"also known as shares","page_number":4,"box":{"x":159,"y":669,"width":137,"height":7}},{"id":"74b626d7-6a5f-411b-8eff-9e10cc065f40","block_type":"box","text":"–","page_number":4,"box":{"x":301,"y":673,"width":7,"height":1}},{"id":"a9c41dd1-ddfa-47eb-bc9e-57b4849fa02c","block_type":"box","text":"are a way to own a stake in","page_number":4,"box":{"x":313,"y":669,"width":177,"height":9}},{"id":"ce0b94e8-09b6-43a5-8290-9d7a3f47df29","block_type":"box","text":"a company.","page_number":4,"box":{"x":92,"y":683,"width":74,"height":6}},{"id":"1efcf31f-1e61-43ef-b88e-2e93909e59b3","block_type":"box","text":"Fund","page_number":4,"box":{"x":92,"y":698,"width":31,"height":7}},{"id":"3ee8afbb-7d83-478e-a0be-349ac106a1fe","block_type":"box","text":"An investment product that pools the money of many","page_number":4,"box":{"x":91,"y":715,"width":349,"height":9}},{"id":"694d0c7b-ddd9-4e47-89ba-dddbde902c12","block_type":"box","text":"investors to buy shares and/or other assets.","page_number":4,"box":{"x":92,"y":726,"width":285,"height":9}},{"id":"db9a482b-891e-4019-8880-44d1a994f477","block_type":"box","text":"Fund manager","page_number":4,"box":{"x":92,"y":744,"width":94,"height":9}},{"id":"e69cdc06-f87a-4ea3-b715-ae4a29126d34","block_type":"box","text":"This is the person or company who manages a fund. In an","page_number":4,"box":{"x":91,"y":761,"width":372,"height":9}},{"id":"05c413b4-dc38-4729-9fa0-2ff05d668e9a","block_type":"box","text":"active fund, they will make the investment decisions. In an","page_number":4,"box":{"x":92,"y":772,"width":375,"height":9}},{"id":"557c6136-e5a2-4d9e-a3ca-d8ed174f3f19","block_type":"box","text":"index fund, they will make sure the fund is closely tracking the","page_number":4,"box":{"x":92,"y":784,"width":401,"height":9}},{"id":"e895512a-2417-4ec1-84e3-9e98933e76dc","block_type":"box","text":"index.","page_number":4,"box":{"x":92,"y":795,"width":36,"height":7}},{"id":"7ed6e74d-cb57-4fa2-a916-30f25bc855e4","block_type":"box","text":"Government bonds","page_number":4,"box":{"x":519,"y":90,"width":124,"height":7}},{"id":"307b6175-6f6b-4ad9-8066-5d9cdabd1b7a","block_type":"box","text":"Government bonds are loans to a government. They are","page_number":4,"box":{"x":519,"y":108,"width":362,"height":9}},{"id":"d6d03a44-fd6f-4410-b662-ae3b0d5ba3b9","block_type":"box","text":"generally seen as lower risk than corporate bonds, but usually","page_number":4,"box":{"x":519,"y":119,"width":401,"height":9}},{"id":"b82e5597-10cb-48b8-ae0a-ae02d809bb32","block_type":"box","text":"provide lower income in return.","page_number":4,"box":{"x":520,"y":131,"width":199,"height":8}},{"id":"7e11f39d-75f2-4a64-909e-b17a017cf2cf","block_type":"box","text":"Government","page_number":4,"box":{"x":519,"y":148,"width":81,"height":7}},{"id":"08fec12a-87fa-4027-8e2c-2713c2718869","block_type":"box","text":"-","page_number":4,"box":{"x":601,"y":152,"width":4,"height":1}},{"id":"e5b5f57a-9386-4575-ba6c-13045ebe9126","block_type":"box","text":"related bonds","page_number":4,"box":{"x":607,"y":148,"width":88,"height":7}},{"id":"2463c1f9-1a5b-44c0-b8a5-dcd2f3aa49f9","block_type":"box","text":"Bonds issued by organisations owned or supported by","page_number":4,"box":{"x":520,"y":165,"width":349,"height":9}},{"id":"176ec3c3-8e6f-437f-a2bd-a9eb59b695e2","block_type":"box","text":"government, rather than by the government itself. They","page_number":4,"box":{"x":519,"y":177,"width":363,"height":9}},{"id":"a9658ccc-5c29-41a0-b5bb-a801f4d8b81f","block_type":"box","text":"typically offer higher income but slightly higher risk than","page_number":4,"box":{"x":519,"y":188,"width":365,"height":9}},{"id":"35cdfbef-4ab4-4c16-a633-67772a4d5ec9","block_type":"box","text":"government bonds.","page_number":4,"box":{"x":519,"y":200,"width":124,"height":8}},{"id":"1de03029-060e-475b-816b-b6270a1fba80","block_type":"box","text":"Inception date","page_number":4,"box":{"x":520,"y":217,"width":92,"height":9}},{"id":"c56d0ab2-b09f-431e-9536-c3953239c545","block_type":"box","text":"The date when the fund began operating and recording its","page_number":4,"box":{"x":519,"y":234,"width":380,"height":9}},{"id":"a16f4d8d-4c0d-4920-8781-1d5fd3c36cc7","block_type":"box","text":"performance.","page_number":4,"box":{"x":520,"y":245,"width":87,"height":9}},{"id":"530e47bf-d85a-43c3-92ae-2ea69064bf1b","block_type":"box","text":"Index","page_number":4,"box":{"x":520,"y":263,"width":34,"height":7}},{"id":"2c4ecfdc-8fc8-42f2-a1b1-8c0c61fa79e8","block_type":"box","text":"An index typically measures the performance of a basket of","page_number":4,"box":{"x":519,"y":280,"width":388,"height":9}},{"id":"07411f53-0ecf-47b0-bed8-552da32eb513","block_type":"box","text":"investments that are intended to replicate a certain area of","page_number":4,"box":{"x":520,"y":292,"width":388,"height":9}},{"id":"87e60707-bade-49dc-a25e-5a3b19ebc244","block_type":"box","text":"the market. Indices are often used as benchmarks against","page_number":4,"box":{"x":519,"y":303,"width":378,"height":9}},{"id":"7e19bc1d-3f03-490c-aeee-f82b9330f8c4","block_type":"box","text":"which to evaluate the performance of an investment, such as","page_number":4,"box":{"x":519,"y":314,"width":397,"height":9}},{"id":"0b13fe10-6f3c-488b-9718-556522da5a54","block_type":"box","text":"a fund.","page_number":4,"box":{"x":519,"y":326,"width":45,"height":7}},{"id":"a6e0f686-4108-4177-852f-3dcc47161f93","block_type":"box","text":"Index fund","page_number":4,"box":{"x":520,"y":343,"width":66,"height":7}},{"id":"bbb8d54d-a1db-424a-ae53-d0ac88846d8a","block_type":"box","text":"An index fund aims to follow the performance of a market","page_number":4,"box":{"x":519,"y":360,"width":379,"height":9}},{"id":"dbc33bfd-b349-4eee-a898-bf7e2978fa6f","block_type":"box","text":"index by investing in the same or similar assets.","page_number":4,"box":{"x":520,"y":372,"width":306,"height":9}},{"id":"70109e1c-7911-47a1-9320-20c26b3579ba","block_type":"box","text":"Index","page_number":4,"box":{"x":520,"y":389,"width":34,"height":7}},{"id":"38e7740c-b799-41a8-9b66-392335830167","block_type":"box","text":"-","page_number":4,"box":{"x":555,"y":393,"width":4,"height":1}},{"id":"bea581c2-2117-44fe-8ebc-c4a925471ea0","block_type":"box","text":"linked bonds","page_number":4,"box":{"x":560,"y":389,"width":80,"height":7}},{"id":"6864de3d-1136-4718-8cb1-f74484a54e93","block_type":"box","text":"Bonds where the interest payments and the amount repaid at","page_number":4,"box":{"x":520,"y":407,"width":403,"height":8}},{"id":"dd59cf42-f867-4c5c-a555-46d7d7ad18fa","block_type":"box","text":"maturity are adjusted in line with inflation.","page_number":4,"box":{"x":520,"y":418,"width":276,"height":9}},{"id":"0cbc446a-7452-4ba7-b983-48c1da0d1c47","block_type":"box","text":"Index provider","page_number":4,"box":{"x":520,"y":435,"width":91,"height":9}},{"id":"452fabbe-5e7b-4cef-9157-e62d68500d33","block_type":"box","text":"An index provider is a company that designs and calculates an","page_number":4,"box":{"x":519,"y":453,"width":403,"height":9}},{"id":"3802f0de-dc3a-4444-9bad-7a69116edae8","block_type":"box","text":"index (as defined above). They set the rules on what is","page_number":4,"box":{"x":520,"y":464,"width":350,"height":9}},{"id":"81dba60b-e844-42d4-96b6-875f58c412f3","block_type":"box","text":"included in the index, how it is managed and how constituents","page_number":4,"box":{"x":520,"y":476,"width":401,"height":8}},{"id":"e419a48a-def8-4fee-b7fa-26c6b01fbaf7","block_type":"box","text":"will be added or removed over time.","page_number":4,"box":{"x":519,"y":487,"width":231,"height":7}},{"id":"90f975ec-347a-442d-be21-70f94b7918cc","block_type":"box","text":"Inflation","page_number":4,"box":{"x":520,"y":504,"width":53,"height":7}},{"id":"f8e6e52e-2422-4f26-b5ce-bdabc0df90cb","block_type":"box","text":"Inflation is the rise in prices for goods and services over time,","page_number":4,"box":{"x":520,"y":522,"width":394,"height":9}},{"id":"69b968fe-1048-4e00-8282-6d808655d26a","block_type":"box","text":"meaning your money buys less than it used to.","page_number":4,"box":{"x":520,"y":533,"width":298,"height":9}},{"id":"1fb9b6c4-2b46-47ff-b589-b6226c6a4183","block_type":"box","text":"Investment risk","page_number":4,"box":{"x":520,"y":550,"width":100,"height":7}},{"id":"f9c933f7-c0d5-476c-90b5-a28aa6c1daa3","block_type":"box","text":"The likelihood that the return on an investment will differ","page_number":4,"box":{"x":519,"y":568,"width":371,"height":7}},{"id":"f35700bf-c2b9-4d1d-b4f0-5dc765779d50","block_type":"box","text":"from what is expected. There are different types of risk,","page_number":4,"box":{"x":519,"y":579,"width":363,"height":9}},{"id":"ab1b2ed4-8e79-493e-9220-6a6fd816abba","block_type":"box","text":"including market risk (the chance that returns will fluctuate)","page_number":4,"box":{"x":520,"y":590,"width":391,"height":9}},{"id":"a23e8a49-cfca-4fa8-ab40-de3ca46ac0d9","block_type":"box","text":"and shortfall risk (the possibility that a portfolio will fail to","page_number":4,"box":{"x":519,"y":602,"width":380,"height":9}},{"id":"05e86b36-fbe5-456c-9108-690227ff6279","block_type":"box","text":"meet its longer","page_number":4,"box":{"x":520,"y":613,"width":97,"height":9}},{"id":"c7c53dfe-098f-467f-b0fc-d3c5a6331a09","block_type":"box","text":"-","page_number":4,"box":{"x":618,"y":617,"width":4,"height":1}},{"id":"3715e67a-77d4-40fd-8865-485fe403f568","block_type":"box","text":"term objective). Different investors have","page_number":4,"box":{"x":623,"y":613,"width":263,"height":9}},{"id":"d579149d-f6ad-45f0-aa0b-2a5c163ab585","block_type":"box","text":"different tolerances for risk based on factors such as their","page_number":4,"box":{"x":519,"y":625,"width":379,"height":7}},{"id":"70b28f4d-061c-4ecb-a6b6-cb887a48f04d","block_type":"box","text":"personal circumstances and their investment timeframe.","page_number":4,"box":{"x":520,"y":636,"width":368,"height":9}},{"id":"75c4087b-d2aa-4624-afe6-d1fdaae44617","block_type":"box","text":"Maturity (bonds)","page_number":4,"box":{"x":520,"y":653,"width":110,"height":9}},{"id":"5081df2c-e66c-45cd-b274-b9c61281fbc1","block_type":"box","text":"Maturity is when a bond is due to be repaid and the investor","page_number":4,"box":{"x":520,"y":671,"width":390,"height":9}},{"id":"1a09745c-aa99-4ee9-856f-0ab4f70ca3fe","block_type":"box","text":"receives their original investment back.","page_number":4,"box":{"x":520,"y":682,"width":251,"height":9}},{"id":"5fb6efc7-6707-4dcf-859a-9f183f6e98d3","block_type":"box","text":"Monthly volatility","page_number":4,"box":{"x":520,"y":699,"width":114,"height":9}},{"id":"e577dfea-c667-44ef-8915-c43cf657c9f0","block_type":"box","text":"A measure of how much an investment’s returns vary from","page_number":4,"box":{"x":519,"y":717,"width":382,"height":9}},{"id":"2d373eca-b2e2-483c-9f75-1ffe4473c324","block_type":"box","text":"month to month. A monthly volatility of 3% means the","page_number":4,"box":{"x":520,"y":728,"width":352,"height":9}},{"id":"4c3839cc-e7a0-415d-a4d8-a7f233021194","block_type":"box","text":"monthly return will be 3 percentage points above or below the","page_number":4,"box":{"x":520,"y":740,"width":402,"height":9}},{"id":"fd3af907-0236-4de7-8eac-1a61ee063328","block_type":"box","text":"average monthly return most of the time, but there’s a","page_number":4,"box":{"x":519,"y":751,"width":356,"height":9}},{"id":"839bedf6-4f1c-41fe-8f8f-a6b52dec6db9","block_type":"box","text":"smaller chance it will fall outside that range.","page_number":4,"box":{"x":519,"y":762,"width":288,"height":9}},{"id":"84cd1e6f-5a58-4908-9b0a-eba7e106a8ad","block_type":"box","text":"5","page_number":5,"box":{"x":497,"y":957,"width":6,"height":6}},{"id":"1bb1d1ce-a10b-48d3-96bb-2a20a3929815","block_type":"box","text":"Glossary","page_number":5,"box":{"x":90,"y":59,"width":63,"height":9}},{"id":"8cbb3078-5565-496c-a0ea-c8f00c95f513","block_type":"box","text":"| Vanguard LifeStrategy® 60% Equity Fund GBP Income Shares","page_number":5,"box":{"x":169,"y":58,"width":471,"height":10}},{"id":"96f2ba12-8cea-4174-a89e-c70a7010ad1e","block_type":"box","text":"NURS (Non","page_number":5,"box":{"x":92,"y":90,"width":73,"height":9}},{"id":"5d145e1b-e560-4619-9326-880d02271718","block_type":"box","text":"-","page_number":5,"box":{"x":167,"y":94,"width":4,"height":1}},{"id":"ea583ada-1d22-4972-8024-9f73c33483b7","block_type":"box","text":"UCITS retail schemes)","page_number":5,"box":{"x":172,"y":90,"width":143,"height":9}},{"id":"18b3730a-c240-4604-8a8d-b179c9db6f5e","block_type":"box","text":"Non","page_number":5,"box":{"x":93,"y":108,"width":24,"height":7}},{"id":"363652ba-7df7-49e8-84ce-cd9f7018b978","block_type":"box","text":"-","page_number":5,"box":{"x":119,"y":112,"width":4,"height":1}},{"id":"ee2c7f6d-fb2d-4509-89db-ba0e0ed99830","block_type":"box","text":"UCITS Retail Schemes (NURS) are a type of UK","page_number":5,"box":{"x":125,"y":108,"width":307,"height":9}},{"id":"451f2672-3d0b-4223-a3a4-a35c52127898","block_type":"box","text":"investment fund that can invest more flexibly than UCITS","page_number":5,"box":{"x":92,"y":119,"width":373,"height":9}},{"id":"7bc19ec9-82fa-4063-b7ea-0675e45d8b2a","block_type":"box","text":"funds. They can hold a wider range of investments, such as","page_number":5,"box":{"x":92,"y":131,"width":382,"height":9}},{"id":"56a16cdf-36a9-4705-95be-5127f71c0fab","block_type":"box","text":"property or private companies, and they can invest more","page_number":5,"box":{"x":92,"y":142,"width":367,"height":9}},{"id":"6b5a0bd6-b68d-4484-a434-b85ee2015a97","block_type":"box","text":"heavily in certain areas, including other funds.","page_number":5,"box":{"x":92,"y":153,"width":296,"height":9}},{"id":"d4c0ff1a-f2ad-42ec-8e9a-8333b49869c6","block_type":"box","text":"OCF (ongoing charges figure","page_number":5,"box":{"x":92,"y":171,"width":186,"height":9}},{"id":"e4fe6e8c-a781-4284-9080-8788cf35af1e","block_type":"box","text":")","page_number":5,"box":{"x":279,"y":171,"width":4,"height":8}},{"id":"f7e772e0-7073-454a-aadf-fb9189d258ba","block_type":"box","text":"The ongoing charges figure (OCF) covers administration,","page_number":5,"box":{"x":91,"y":188,"width":371,"height":9}},{"id":"38fac705-c750-4c46-9394-b3c477fad5cc","block_type":"box","text":"audit, depository, legal, registration and regulatory expenses","page_number":5,"box":{"x":92,"y":200,"width":395,"height":8}},{"id":"ec541710-e0eb-48ae-8b1e-f8aad617bc4c","block_type":"box","text":"incurred in respect of the Funds.","page_number":5,"box":{"x":92,"y":211,"width":209,"height":9}},{"id":"fbd0b0c6-23fd-4c28-ac27-1a0c398ed48c","block_type":"box","text":"Portfolio","page_number":5,"box":{"x":92,"y":228,"width":57,"height":7}},{"id":"07116dcf-de93-4498-af09-381e7f1a3ed1","block_type":"box","text":"This is a collection of individual investments or funds that is","page_number":5,"box":{"x":91,"y":246,"width":386,"height":7}},{"id":"a52a89d1-ffad-4f03-b977-4179573fa4ca","block_type":"box","text":"usually created to meet specific goals, such as long","page_number":5,"box":{"x":92,"y":259,"width":330,"height":9}},{"id":"1ecb2bb0-0893-4572-9959-0613081a035f","block_type":"box","text":"-","page_number":5,"box":{"x":424,"y":263,"width":4,"height":1}},{"id":"f4bcc469-bdf5-443b-a2ed-66eacfc2a3d2","block_type":"box","text":"term","page_number":5,"box":{"x":429,"y":260,"width":31,"height":6}},{"id":"2ef7bd51-ebe2-4afb-bf26-70b06f8f815c","block_type":"box","text":"capital growth. A model portfolio is a pre","page_number":5,"box":{"x":92,"y":272,"width":266,"height":9}},{"id":"a7d01bc2-3e8f-4d83-a38b-b18a59ca576a","block_type":"box","text":"-","page_number":5,"box":{"x":360,"y":276,"width":4,"height":1}},{"id":"04d6c590-0df1-4330-bacb-6d5d29a76f47","block_type":"box","text":"built collection of","page_number":5,"box":{"x":366,"y":272,"width":110,"height":7}},{"id":"6a258bf2-65e3-4ad0-8960-1c9ec94edfc5","block_type":"box","text":"investments","page_number":5,"box":{"x":92,"y":285,"width":79,"height":7}},{"id":"e8b7c8f4-eaf8-42bb-bce8-20adbcb3ce21","block_type":"box","text":"–","page_number":5,"box":{"x":175,"y":289,"width":7,"height":0}},{"id":"6adf02c3-04a8-452d-876b-c5033c0885d2","block_type":"box","text":"a model portfolio manager or financial adviser","page_number":5,"box":{"x":187,"y":285,"width":301,"height":9}},{"id":"a5e85d02-2f6d-4849-bf4a-56dc93b19980","block_type":"box","text":"selects the investments (usually funds) within the model","page_number":5,"box":{"x":92,"y":298,"width":365,"height":8}},{"id":"0cadc281-dad9-4516-b757-7e4b98ab00ac","block_type":"box","text":"portfolio.","page_number":5,"box":{"x":92,"y":310,"width":59,"height":9}},{"id":"69cd29a3-995b-40ae-a3fe-ef9b4b3d65f9","block_type":"box","text":"Rebalancing","page_number":5,"box":{"x":92,"y":329,"width":78,"height":9}},{"id":"877ad9fe-a18a-437a-b3c1-f1925795a345","block_type":"box","text":"Rebalancing is the process of adjusting the balance of assets","page_number":5,"box":{"x":93,"y":346,"width":394,"height":9}},{"id":"a1adb4bc-1789-41aa-b87a-ad46c59e1000","block_type":"box","text":"in a portfolio (such as shares and bonds) to maintain its","page_number":5,"box":{"x":92,"y":357,"width":362,"height":9}},{"id":"517a7d7a-9aa5-4918-8a20-8789e7ea39ac","block_type":"box","text":"target asset mix over time.","page_number":5,"box":{"x":92,"y":369,"width":175,"height":9}},{"id":"9cf324a8-8216-4d25-b2cb-aa209563fae2","block_type":"box","text":"Recession","page_number":5,"box":{"x":92,"y":386,"width":63,"height":7}},{"id":"b985f0ae-fbea-4fcc-ba3c-99a8bd240eb5","block_type":"box","text":"A recession is typically defined as two consecutive quarters","page_number":5,"box":{"x":91,"y":404,"width":385,"height":9}},{"id":"31176c33-d172-4735-99ce-4956e1f2a1d2","block_type":"box","text":"(three","page_number":5,"box":{"x":92,"y":415,"width":39,"height":8}},{"id":"784e1ea8-a500-4af6-a301-e34c23fdc93a","block_type":"box","text":"-","page_number":5,"box":{"x":133,"y":419,"width":3,"height":1}},{"id":"01ac16e5-e78a-4e55-ad86-0d74e4e301b8","block_type":"box","text":"month periods) of negative economic growth.","page_number":5,"box":{"x":139,"y":415,"width":294,"height":9}},{"id":"ce17e78b-65aa-4c7a-b542-38c76ec98634","block_type":"box","text":"Securitised bonds","page_number":5,"box":{"x":92,"y":432,"width":115,"height":7}},{"id":"bf04edb9-d6ce-4d03-9749-e88c06c10c62","block_type":"box","text":"Bonds that are backed by a pool or loans or other assets, such","page_number":5,"box":{"x":93,"y":450,"width":401,"height":9}},{"id":"6278866b-0504-4f1d-97b7-04413d93cb27","block_type":"box","text":"as mortgages or credit card debt. The income paid to","page_number":5,"box":{"x":92,"y":461,"width":346,"height":9}},{"id":"cc228ec3-32c8-4430-9656-7e7c1f7c7c05","block_type":"box","text":"investors comes form the repayments made on those","page_number":5,"box":{"x":92,"y":473,"width":346,"height":8}},{"id":"cd3d16fa-92b3-4ca2-9f75-119da02aa3c0","block_type":"box","text":"underlying loans, rather than from a single issuer.","page_number":5,"box":{"x":92,"y":484,"width":321,"height":9}},{"id":"46bf52e9-9aff-4040-b7b6-48600a6d8ee3","block_type":"box","text":"SRRI (Synthetic Risk and Reward Indicator)","page_number":5,"box":{"x":92,"y":501,"width":282,"height":9}},{"id":"00a698c7-0c7a-4921-8042-a185eba8866b","block_type":"box","text":"Synthetic Risk and Reward Indicator is used to indicate the","page_number":5,"box":{"x":92,"y":519,"width":382,"height":8}},{"id":"88a05152-27b4-42a7-9812-0e0421d83755","block_type":"box","text":"level of risk of a NURS fund on a scale of 1 to 7, with 1","page_number":5,"box":{"x":92,"y":530,"width":345,"height":8}},{"id":"fd920843-d693-4faf-970b-f8aa57578261","block_type":"box","text":"representing low risk and 7 representing high risk.","page_number":5,"box":{"x":92,"y":541,"width":321,"height":9}},{"id":"d70d4ade-2d34-4115-bcff-874b17699c8e","block_type":"box","text":"UK investment","page_number":5,"box":{"x":92,"y":559,"width":96,"height":7}},{"id":"e8933d8b-166a-4730-ae46-8f29945c7982","block_type":"box","text":"-","page_number":5,"box":{"x":189,"y":563,"width":4,"height":1}},{"id":"8f5f15ca-d48f-4001-92b6-a9eccf838c3a","block_type":"box","text":"grade bonds","page_number":5,"box":{"x":194,"y":559,"width":80,"height":9}},{"id":"dedf2b87-37ae-42a1-8ec4-0fbcd4808a9e","block_type":"box","text":"Investment","page_number":5,"box":{"x":93,"y":576,"width":72,"height":7}},{"id":"2e77949f-a19b-4acf-bb69-439ef09de842","block_type":"box","text":"-","page_number":5,"box":{"x":166,"y":580,"width":4,"height":1}},{"id":"e41b5086-f138-4b82-915b-9a2fe4279f70","block_type":"box","text":"grade bonds are considered to have a lower risk","page_number":5,"box":{"x":172,"y":576,"width":309,"height":9}},{"id":"eff03bd8-a179-40fa-8613-3036267251c8","block_type":"box","text":"of default and receive higher rates by credit rating agencies","page_number":5,"box":{"x":92,"y":588,"width":389,"height":8}},{"id":"0b8ca7aa-77b9-4523-9d35-5a03717b2c2e","block_type":"box","text":"–","page_number":5,"box":{"x":485,"y":592,"width":7,"height":0}},{"id":"04bd54db-7218-4b12-9b35-8046a2f00c44","block_type":"box","text":"typically BBB or above. The opposite to an investment","page_number":5,"box":{"x":92,"y":599,"width":351,"height":9}},{"id":"7281382a-9f94-499d-81f9-25d545120941","block_type":"box","text":"-","page_number":5,"box":{"x":444,"y":603,"width":4,"height":1}},{"id":"c2afa8cf-736c-4af4-a25a-fdb917718c26","block_type":"box","text":"grade","page_number":5,"box":{"x":449,"y":599,"width":37,"height":9}},{"id":"30b3189e-bb3b-4ae3-ba87-971b8065f146","block_type":"box","text":"bond is a high","page_number":5,"box":{"x":92,"y":610,"width":88,"height":9}},{"id":"2e97ca56-0e70-41b7-84cf-9e6ccd409330","block_type":"box","text":"-","page_number":5,"box":{"x":182,"y":614,"width":4,"height":1}},{"id":"c1cccfea-e39f-466a-834f-d2d0db672db8","block_type":"box","text":"yield or ‘junk’ bond.","page_number":5,"box":{"x":187,"y":610,"width":123,"height":9}},{"id":"81995678-0e2f-4d02-ad20-662d81e98e29","block_type":"box","text":"Valuations","page_number":5,"box":{"x":91,"y":628,"width":70,"height":7}},{"id":"7d372034-f7dc-42fe-a20c-38d1b4dcdd88","block_type":"box","text":"A measure of how well company share prices are justified by","page_number":5,"box":{"x":91,"y":645,"width":394,"height":9}},{"id":"3c5c76be-7178-4293-bd42-3c76f2e2e9fb","block_type":"box","text":"important measures such as their earnings.","page_number":5,"box":{"x":92,"y":656,"width":281,"height":9}},{"id":"662c7a99-e6fe-45c9-927d-33fd4cfe6c29","block_type":"box","text":"Volatility","page_number":5,"box":{"x":91,"y":674,"width":61,"height":9}},{"id":"9c24a678-515a-4d87-a915-7cd1af8970c7","block_type":"box","text":"The extent to which investment values fluctuate over time.","page_number":5,"box":{"x":91,"y":691,"width":382,"height":7}},{"id":"8ad77f55-3fe4-4240-ac08-2a94fcf88c46","block_type":"box","text":"When investors are uncertain about the economic","page_number":5,"box":{"x":92,"y":703,"width":323,"height":6}},{"id":"aba552d8-ab2c-4e39-a8a7-c70afec6ecd7","block_type":"box","text":"environment or geopolitical events, short","page_number":5,"box":{"x":92,"y":714,"width":265,"height":9}},{"id":"6363ad2c-0786-472d-bd78-4fa680c6c8f9","block_type":"box","text":"-","page_number":5,"box":{"x":358,"y":718,"width":4,"height":1}},{"id":"5ab1047d-1220-4e9b-8696-29c21ba2a055","block_type":"box","text":"term volatility tends","page_number":5,"box":{"x":363,"y":714,"width":131,"height":9}},{"id":"75ba6284-bb4c-4a88-8166-26526c9ff946","block_type":"box","text":"to increase.","page_number":5,"box":{"x":92,"y":726,"width":74,"height":6}},{"id":"8b8ad1ed-02de-450e-9578-c2eafc5d9b66","block_type":"box","text":"6","page_number":6,"box":{"x":497,"y":957,"width":7,"height":6}},{"id":"cb2efa12-e2c4-4979-8717-92d169f6df3c","block_type":"box","text":"C","page_number":6,"box":{"x":741,"y":875,"width":11,"height":8}},{"id":"003b9e1a-7175-4bf6-86cc-6d07573c0e3b","block_type":"box","text":"o","page_number":6,"box":{"x":752,"y":877,"width":9,"height":6}},{"id":"4142af12-08db-431f-85cb-6af9c0d73419","block_type":"box","text":"n","page_number":6,"box":{"x":762,"y":877,"width":8,"height":6}},{"id":"b4ef8453-051e-4ca7-b912-e463f9af552c","block_type":"box","text":"n","page_number":6,"box":{"x":771,"y":877,"width":8,"height":6}},{"id":"0491070e-3c9b-4e6c-b9c1-321ea91e072e","block_type":"box","text":"e","page_number":6,"box":{"x":780,"y":877,"width":8,"height":6}},{"id":"63921b34-a808-44f5-b743-96b6258b79e2","block_type":"box","text":"c","page_number":6,"box":{"x":788,"y":877,"width":8,"height":6}},{"id":"c54768ca-68a7-4642-8b7f-0c8b477be09d","block_type":"box","text":"t","page_number":6,"box":{"x":796,"y":875,"width":7,"height":8}},{"id":"f0225684-93dd-4785-8a96-8b5873530976","block_type":"box","text":"w","page_number":6,"box":{"x":804,"y":877,"width":13,"height":6}},{"id":"6aeb45bf-c56c-45b9-978d-c539a18308d7","block_type":"box","text":"i","page_number":6,"box":{"x":818,"y":874,"width":2,"height":9}},{"id":"3770442b-4fba-470d-a53d-f913f78ea7ef","block_type":"box","text":"th","page_number":6,"box":{"x":821,"y":875,"width":6,"height":8}},{"id":"ef9b559d-4927-474c-9f4d-21ccc27bd7ac","block_type":"box","text":"th","page_number":6,"box":{"x":827,"y":874,"width":8,"height":9}},{"id":"d4587074-738a-4725-817b-aeefc504c4a4","block_type":"box","text":"Va","page_number":6,"box":{"x":838,"y":875,"width":11,"height":8}},{"id":"28f13fcb-991b-4bcc-aeb6-5c1d0daf2169","block_type":"box","text":"Va","page_number":6,"box":{"x":849,"y":877,"width":8,"height":6}},{"id":"bad1169e-fc80-46d4-ad2f-41bc7b2fd39c","block_type":"box","text":"n","page_number":6,"box":{"x":858,"y":877,"width":8,"height":6}},{"id":"cfd8afa4-d07f-47db-b131-5853e24db85d","block_type":"box","text":"gu","page_number":6,"box":{"x":867,"y":877,"width":18,"height":8}},{"id":"954da73d-2ad1-46a9-9958-9f107a7353c0","block_type":"box","text":"a","page_number":6,"box":{"x":886,"y":877,"width":8,"height":6}},{"id":"dd0e8589-77c2-44aa-a143-882e3cc34195","block_type":"box","text":"rd","page_number":6,"box":{"x":895,"y":877,"width":6,"height":6}},{"id":"dd1b963c-255e-4b55-bde5-7bd9cd0be687","block_type":"box","text":"rd","page_number":6,"box":{"x":900,"y":874,"width":8,"height":9}},{"id":"3649a0c4-bfda-4a98-85ba-f836d3516132","block_type":"box","text":"©","page_number":6,"box":{"x":910,"y":876,"width":6,"height":4}},{"id":"6b73ca25-0cc0-4224-8724-16d053e26d26","block_type":"box","text":"global.vanguard.com","page_number":6,"box":{"x":775,"y":892,"width":141,"height":10}},{"id":"313f4a3a-d9c9-4326-8c12-75a0bfa54d89","block_type":"box","text":"SEDOL and SEDOL Masterfile® are registered trademarks of the London Stock Exchange Group","page_number":6,"box":{"x":90,"y":864,"width":550,"height":9}},{"id":"c026f9ad-334a-47b7-945a-3d3c90c47486","block_type":"box","text":"PLC. SEDOL Data has been provided from the London Stock Exchange's SEDOL Masterfile®","page_number":6,"box":{"x":91,"y":875,"width":527,"height":9}},{"id":"d8761725-69bf-46d3-882b-c8945a463bc2","block_type":"box","text":"Issued by Vanguard Asset Management Limited, which is","page_number":6,"box":{"x":91,"y":892,"width":324,"height":8}},{"id":"11f9473e-a6a7-4fee-80a3-1c5ba67c8994","block_type":"box","text":"authorised","page_number":6,"box":{"x":419,"y":892,"width":60,"height":7}},{"id":"347aab00-1426-4025-99c5-7f0a2f9553b1","block_type":"box","text":"and regulated in the UK by","page_number":6,"box":{"x":484,"y":892,"width":152,"height":8}},{"id":"7a3c6e4e-5a85-45a9-80b6-322a2083d16f","block_type":"box","text":"the Financial Conduct Authority.","page_number":6,"box":{"x":90,"y":903,"width":185,"height":9}},{"id":"66b8f8ea-10cb-4fe9-a1af-7825d92f38f0","block_type":"box","text":"© 202","page_number":6,"box":{"x":91,"y":919,"width":36,"height":8}},{"id":"f843fe01-9cf0-4669-a655-4121cce8c781","block_type":"box","text":"6","page_number":6,"box":{"x":128,"y":919,"width":6,"height":7}},{"id":"feaea376-bfc3-40a6-b9a9-fbe1162c3eb3","block_type":"box","text":"Vanguard Asset Management Limited. All rights reserved.","page_number":6,"box":{"x":137,"y":919,"width":331,"height":9}},{"id":"d9694648-ad6a-4ee1-9239-fcc8d731352a","block_type":"box","text":"Reference number: 5558170","page_number":6,"box":{"x":91,"y":935,"width":159,"height":7}},{"id":"6cc45c29-8b67-4a9c-802f-f6f63e391497","block_type":"box","text":"Investment","page_number":6,"box":{"x":91,"y":243,"width":96,"height":9}},{"id":"84888026-a5a8-4dcd-b1b2-e8b483d22baa","block_type":"box","text":"risk","page_number":6,"box":{"x":192,"y":243,"width":29,"height":9}},{"id":"d358d0a8-0eaf-4590-abf5-c82db696c148","block_type":"box","text":"information","page_number":6,"box":{"x":226,"y":243,"width":99,"height":9}},{"id":"334c6f6d-1d1a-4652-a6f1-59505f027416","block_type":"box","text":"Investing gives your money the opportunity to grow over time, but market movements mean values can rise and fall along the wa","page_number":6,"box":{"x":91,"y":271,"width":737,"height":9}},{"id":"0ac42e95-6040-4fb6-8659-d99beb19d7f8","block_type":"box","text":"y","page_number":6,"box":{"x":829,"y":274,"width":6,"height":6}},{"id":"4b7a63e0-17f2-47ad-9fc9-8b4650e57745","block_type":"box","text":".","page_number":6,"box":{"x":836,"y":277,"width":2,"height":1}},{"id":"c1e9cc28-6313-4cba-9681-725b4f513d86","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":6,"box":{"x":91,"y":287,"width":345,"height":9}},{"id":"4d1b0df7-7d24-46e6-b462-b9e1b6bd7253","block_type":"box","text":"Some funds invest in emerging markets which can be more volatile than more established markets. As a","page_number":6,"box":{"x":90,"y":304,"width":594,"height":8}},{"id":"bef7cf65-8af8-4726-a2fb-d9b174694282","block_type":"box","text":"result","page_number":6,"box":{"x":689,"y":304,"width":32,"height":7}},{"id":"a995fd24-6f38-4083-ae9c-d87e8b4de705","block_type":"box","text":"the value of your investment may","page_number":6,"box":{"x":724,"y":304,"width":191,"height":8}},{"id":"3b8f3072-f417-4e89-9be3-dc9b8f732687","block_type":"box","text":"rise or fall.","page_number":6,"box":{"x":91,"y":315,"width":58,"height":7}},{"id":"6609965b-04dc-4d17-ad83-e79c7d89ccdd","block_type":"box","text":"Investments in smaller companies may be more volatile than investments in well","page_number":6,"box":{"x":91,"y":331,"width":458,"height":9}},{"id":"e376fc8d-0ef0-4adf-b43c-363d4146ed76","block_type":"box","text":"-","page_number":6,"box":{"x":550,"y":335,"width":4,"height":1}},{"id":"2cb5efff-3642-43cd-9737-b5ccd1e5651a","block_type":"box","text":"established","page_number":6,"box":{"x":555,"y":331,"width":64,"height":7}},{"id":"30e64f07-189b-4285-bd6c-cf4ebca427e1","block_type":"box","text":"blue chip","page_number":6,"box":{"x":624,"y":331,"width":49,"height":9}},{"id":"21dce550-9524-46b6-a882-a4a812184e95","block_type":"box","text":"companies.","page_number":6,"box":{"x":677,"y":331,"width":63,"height":9}},{"id":"4e905c34-ec5b-4ee6-ac45-1f53ff4fbf04","block_type":"box","text":"The Vanguard LifeStrategy® Funds may invest in Exchange Traded Fund (ETF) shares.","page_number":6,"box":{"x":90,"y":347,"width":491,"height":9}},{"id":"69c6ae99-1d72-4e43-87dc-74d3b3f6d2cf","block_type":"box","text":"ETF shares can be bought or sold only through a broker. Investing in ETFs entails stockbroker commission and a bid","page_number":6,"box":{"x":91,"y":364,"width":654,"height":8}},{"id":"be295c2d-6e90-4f5e-bf00-29335767778c","block_type":"box","text":"-","page_number":6,"box":{"x":747,"y":368,"width":3,"height":0}},{"id":"e386a939-fab0-488e-be4a-a457d0f7b37d","block_type":"box","text":"offer spread","page_number":6,"box":{"x":755,"y":363,"width":69,"height":9}},{"id":"f2a36cda-9851-4b7c-b164-02fc43ff3214","block_type":"box","text":"which should be","page_number":6,"box":{"x":829,"y":364,"width":90,"height":6}},{"id":"86f0df16-436f-4ce3-8c6e-7b803494d87a","block_type":"box","text":"considered fully before investing.","page_number":6,"box":{"x":90,"y":375,"width":187,"height":9}},{"id":"6ccae3a4-7e6b-4631-b141-3fd0e4773dc5","block_type":"box","text":"Funds investing in fixed interest securities carry the risk of default on repayment and erosion of the capital value of your","page_number":6,"box":{"x":91,"y":391,"width":685,"height":9}},{"id":"51201fd0-ff26-4fe5-94d6-00b7f30fa7b7","block_type":"box","text":"inv","page_number":6,"box":{"x":780,"y":391,"width":16,"height":7}},{"id":"a0914b81-ebdd-4464-947d-f2f6fffd915e","block_type":"box","text":"estment and the level","page_number":6,"box":{"x":796,"y":391,"width":123,"height":7}},{"id":"1e9083dd-140d-425c-84e6-d5301baa65bf","block_type":"box","text":"of income may fluctuate. Movements in interest rates are likely to affect the capital value of fixed interest securities. Cor","page_number":6,"box":{"x":90,"y":402,"width":692,"height":9}},{"id":"8d53c7db-fb9a-4bb2-b318-ce6757765fdd","block_type":"box","text":"por","page_number":6,"box":{"x":784,"y":405,"width":18,"height":6}},{"id":"9380594a-8b17-41fc-8812-eedbaa6fd561","block_type":"box","text":"ate bonds may","page_number":6,"box":{"x":802,"y":402,"width":85,"height":9}},{"id":"ccb0b3e5-8874-4172-97d2-30dec5330b3d","block_type":"box","text":"provide higher yields but as such may carry greater credit risk increasing the risk of default on repayment and erosion of th","page_number":6,"box":{"x":91,"y":414,"width":699,"height":9}},{"id":"5be07da5-3bb7-4f62-80dd-d691ba7447ed","block_type":"box","text":"e c","page_number":6,"box":{"x":791,"y":416,"width":15,"height":5}},{"id":"0bd76982-b3a6-4318-b0aa-d970b0bd8243","block_type":"box","text":"apital value of your","page_number":6,"box":{"x":807,"y":414,"width":112,"height":9}},{"id":"564e065e-c4cf-4f72-8e03-651531475983","block_type":"box","text":"investment. The level of income may fluctuate and movements in interest rates are likely to affect the capital value of bonds","page_number":6,"box":{"x":91,"y":425,"width":711,"height":9}},{"id":"bc82ff2a-441c-42b8-8d72-d6fa8ca13b32","block_type":"box","text":".","page_number":6,"box":{"x":803,"y":431,"width":2,"height":1}},{"id":"82d94a4a-0749-4978-8846-25299b6761a1","block_type":"box","text":"The Funds may use derivatives","page_number":6,"box":{"x":90,"y":441,"width":174,"height":9}},{"id":"9a21f341-7d21-4a05-8480-2510c8f11c70","block_type":"box","text":"in order to","page_number":6,"box":{"x":268,"y":441,"width":58,"height":7}},{"id":"43c217c2-536c-42c8-bb44-6ce32391171e","block_type":"box","text":"reduce risk or cost and/or generate extra income or growth. The use of derivatives could increase or","page_number":6,"box":{"x":331,"y":441,"width":568,"height":9}},{"id":"ebb568ca-5277-4e64-99e0-fa8b20d27384","block_type":"box","text":"reduce exposure to underlying assets and result in greater fluctuations of the Fund’s net asset value. A derivative is a fina","page_number":6,"box":{"x":91,"y":453,"width":691,"height":8}},{"id":"cb0bfc30-b2e2-4fdb-851a-100c2cb4feb5","block_type":"box","text":"nci","page_number":6,"box":{"x":784,"y":453,"width":15,"height":7}},{"id":"25fe06ce-27ad-4ca0-ae38-0a17b35c0e3c","block_type":"box","text":"al contract whose","page_number":6,"box":{"x":800,"y":453,"width":102,"height":7}},{"id":"45eb3673-de70-4617-b712-1cee32cfccbe","block_type":"box","text":"value is based on the value of a financial asset (such as a share, bond, or currency) or a market index.","page_number":6,"box":{"x":90,"y":464,"width":574,"height":9}},{"id":"4c5fd78e-9fd0-4b2b-add3-28f255de2f89","block_type":"box","text":"Income may fluctuate in accordance with market conditions and taxation","page_number":6,"box":{"x":91,"y":480,"width":418,"height":9}},{"id":"cc159aef-656b-40d1-b9b4-2d2e9b6a6109","block_type":"box","text":"arrangements","page_number":6,"box":{"x":514,"y":481,"width":80,"height":8}},{"id":"8b50ddd3-0f1d-44bd-9755-2a2ec7775ea3","block_type":"box","text":".","page_number":6,"box":{"x":595,"y":486,"width":2,"height":1}},{"id":"134e14b2-d698-4265-86c9-244748b5892a","block_type":"box","text":"For further information on risks please see the “Risk Factors” section of the prospectus on our website at","page_number":6,"box":{"x":91,"y":496,"width":599,"height":9}},{"id":"dd8aebeb-b65e-4059-8e56-c03bf56f4c24","block_type":"box","text":"https://global.vanguard.com","page_number":6,"box":{"x":695,"y":496,"width":164,"height":9}},{"id":"0117f8e5-58c9-473d-95be-8e55dc953172","block_type":"box","text":".","page_number":6,"box":{"x":861,"y":502,"width":1,"height":1}},{"id":"3ae0b113-262e-4c80-9b67-315054723a67","block_type":"box","text":"Important","page_number":6,"box":{"x":91,"y":523,"width":86,"height":11}},{"id":"d31bc467-78b2-489e-9dcd-291df4b02f9b","block_type":"box","text":"information","page_number":6,"box":{"x":181,"y":523,"width":99,"height":9}},{"id":"fa0907f8-b3e9-4f44-8d45-fa76ea6e218a","block_type":"box","text":"This is a marketing communication. Vanguard only gives information on products and services and does not give investment","page_number":6,"box":{"x":90,"y":546,"width":793,"height":10}},{"id":"7a693b71-e1a4-4c84-86df-a5d235955efc","block_type":"box","text":"advice based on individual circumstances. If you have any questions related to your investment decision or the suitability or","page_number":6,"box":{"x":90,"y":558,"width":792,"height":9}},{"id":"fc099726-15b5-4c52-ac70-7f35742e5224","block_type":"box","text":"appropriateness for you of the products described, please contact your financial adviser.","page_number":6,"box":{"x":90,"y":569,"width":569,"height":9}},{"id":"722f4c19-af48-4d9a-9d35-c0f70ef1853f","block_type":"box","text":"For further information on the fund’s investment policies and risks, please refer to the prospectus of the","page_number":6,"box":{"x":91,"y":585,"width":594,"height":9}},{"id":"250023c1-bd04-4ad7-96b4-210a6f37163d","block_type":"box","text":"NURS","page_number":6,"box":{"x":690,"y":585,"width":32,"height":7}},{"id":"5a585729-1bb0-4905-9a58-51f1e23e5e21","block_type":"box","text":"and to the KII before making","page_number":6,"box":{"x":726,"y":585,"width":162,"height":9}},{"id":"562e3111-20be-43d7-af4c-0953588849ee","block_type":"box","text":"any final investment decisions. The KII for this fund is available, alongside the prospectus via Vanguard’s website","page_number":6,"box":{"x":90,"y":595,"width":642,"height":9}},{"id":"826623ec-060b-42e6-aeea-746d6f51e958","block_type":"box","text":"https://global.vanguard.com","page_number":6,"box":{"x":91,"y":606,"width":164,"height":9}},{"id":"20da20b2-8c72-4a63-9529-134cba12138c","block_type":"box","text":".","page_number":6,"box":{"x":257,"y":612,"width":1,"height":1}},{"id":"d72183ba-e9ef-48c2-b185-13983f7231c3","block_type":"box","text":"This is designed for use by, and is directed only at, persons resident in the UK","page_number":6,"box":{"x":90,"y":621,"width":439,"height":9}},{"id":"9718531a-5f20-40c2-a675-46d684feea05","block_type":"box","text":".","page_number":6,"box":{"x":530,"y":627,"width":2,"height":1}},{"id":"3aadad58-826c-46af-a3f0-577997c64d50","block_type":"box","text":"The information contained herein is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or","page_number":6,"box":{"x":90,"y":637,"width":683,"height":9}},{"id":"c2f469f9-1a44-4e9a-adfe-f751d37354b3","block_type":"box","text":"sel","page_number":6,"box":{"x":777,"y":637,"width":14,"height":7}},{"id":"c4ee1255-8b1d-465f-9a4f-9caf977c7ceb","block_type":"box","text":"l securities in any","page_number":6,"box":{"x":793,"y":637,"width":96,"height":9}},{"id":"0031a524-b57a-4a84-8ce8-ceea0167dc51","block_type":"box","text":"jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offe","page_number":6,"box":{"x":89,"y":649,"width":697,"height":8}},{"id":"d3f2c501-727e-444a-b73f-fff769035a50","block_type":"box","text":"r o","page_number":6,"box":{"x":788,"y":651,"width":13,"height":5}},{"id":"aa9bd115-0801-4917-ae0a-9b259c104e5d","block_type":"box","text":"r solicitation, or if the","page_number":6,"box":{"x":803,"y":649,"width":121,"height":8}},{"id":"763daa95-71d7-4d7d-bba1-d5ca2d414522","block_type":"box","text":"person making the offer or solicitation is not qualified to do so. The information is general in nature and does not constitu","page_number":6,"box":{"x":91,"y":660,"width":692,"height":9}},{"id":"20693956-a3ae-48e2-956d-4186c60056ab","block_type":"box","text":"te","page_number":6,"box":{"x":784,"y":661,"width":12,"height":6}},{"id":"7992e220-afa3-4e9f-b6be-87a820c57112","block_type":"box","text":"legal, tax, or","page_number":6,"box":{"x":800,"y":660,"width":69,"height":9}},{"id":"2ef5df1c-e533-42c0-a74b-4af789d9dd0f","block_type":"box","text":"investment advice. Potential investors are urged to consult their professional advisers on the implications of making an inve","page_number":6,"box":{"x":91,"y":671,"width":705,"height":9}},{"id":"5a98ee55-d9e1-4862-9d89-eec53edcd605","block_type":"box","text":"stm","page_number":6,"box":{"x":797,"y":672,"width":21,"height":6}},{"id":"4fc4ac23-b264-40bf-9c11-429d824ba621","block_type":"box","text":"ent in, holding or","page_number":6,"box":{"x":820,"y":672,"width":94,"height":8}},{"id":"44eff14c-5374-4c26-b297-a3af4b2fa14f","block_type":"box","text":"disposing of \"units/shares\", and the receipt of distribution from any investment","page_number":6,"box":{"x":90,"y":682,"width":457,"height":10}},{"id":"7f873fc9-73f4-4edb-b41e-12e2afe66376","block_type":"box","text":".","page_number":6,"box":{"x":548,"y":689,"width":1,"height":1}},{"id":"6355b9d8-37a3-4cbe-96c2-61f2dcf16281","block_type":"box","text":"The","page_number":6,"box":{"x":90,"y":699,"width":20,"height":7}},{"id":"3bd5bd30-ce3c-4886-9d38-2a024c2c0215","block_type":"box","text":"Authorised","page_number":6,"box":{"x":114,"y":699,"width":62,"height":7}},{"id":"5e0322c0-09f6-4bbf-97f9-0fcd7a0a464f","block_type":"box","text":"Corporate Director for Vanguard LifeStrategy Funds ICVC is Vanguard Investments UK, Limited. Vanguard Asset","page_number":6,"box":{"x":180,"y":699,"width":649,"height":9}},{"id":"8e04b64e-e715-46b0-8904-3c82079221b5","block_type":"box","text":"Management, Limited is a distributor of Vanguard LifeStrategy Funds ICVC.","page_number":6,"box":{"x":91,"y":710,"width":439,"height":9}},{"id":"b75a4911-5f4c-478e-9067-1b2ca7baf9aa","block_type":"box","text":"For investors in UK domiciled funds, a summary of investor rights can be obtained via","page_number":6,"box":{"x":91,"y":727,"width":485,"height":8}},{"id":"e54ecc1b-8548-4eae-b130-b1d248c07f88","block_type":"box","text":"https://www.vanguard.co.uk/content/dam/intl/europe/documents/en/Vanguard","page_number":6,"box":{"x":91,"y":738,"width":471,"height":9}},{"id":"efaeb5d1-a220-490e-b807-c2bc88d76923","block_type":"box","text":"-","page_number":6,"box":{"x":564,"y":742,"width":3,"height":1}},{"id":"1e5f39e5-9855-4dc4-8ac3-d506cd1b6234","block_type":"box","text":"InvestorsRightsSummaryUKFUNDSJan22.pdf","page_number":6,"box":{"x":570,"y":738,"width":261,"height":9}},{"id":"bc84f608-eff2-41fe-a9b5-c513107cdcef","block_type":"box","text":"and is","page_number":6,"box":{"x":836,"y":738,"width":33,"height":7}},{"id":"d8f276d4-2952-4b7c-9aa9-ee1449c307dd","block_type":"box","text":"available in English.","page_number":6,"box":{"x":90,"y":749,"width":110,"height":9}},{"id":"31dccc9f-8efd-4a69-8e96-6d13c181ed35","block_type":"box","text":"London Stock Exchange Group companies include FTSE International Limited (“FTSE”), Frank Russell Company (“Russell”), MTS Nex","page_number":6,"box":{"x":91,"y":766,"width":753,"height":8}},{"id":"734b950e-6e98-490c-91be-3ffd47f96eac","block_type":"box","text":"t L","page_number":6,"box":{"x":845,"y":766,"width":15,"height":7}},{"id":"bb621e1c-10ab-4480-888e-6f6eee84ab2d","block_type":"box","text":"imited","page_number":6,"box":{"x":861,"y":766,"width":35,"height":7}},{"id":"c3cb2327-393e-4126-bb22-d712fb2f462a","block_type":"box","text":"(“MTS”), and FTSE TMX Global Debt Capital Markets Inc. (“FTSE TMX”). All rights reserved. “FTSE®”, “Russell®”, “MTS®”, “FTSE","page_number":6,"box":{"x":91,"y":777,"width":722,"height":9}},{"id":"cbed6c5b-c095-458c-9256-ab420a8b7fcd","block_type":"box","text":"TMX","page_number":6,"box":{"x":817,"y":777,"width":26,"height":7}},{"id":"6ad8b24d-3279-4937-b429-49aa56581d16","block_type":"box","text":"®” and","page_number":6,"box":{"x":844,"y":777,"width":34,"height":7}},{"id":"8e702bac-8bcb-4217-baaa-3e60371dd0fd","block_type":"box","text":"“FTSE Russell” and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Sto","page_number":6,"box":{"x":91,"y":788,"width":734,"height":7}},{"id":"343de446-ccda-49a0-8446-935dd5274991","block_type":"box","text":"ck","page_number":6,"box":{"x":826,"y":788,"width":12,"height":7}},{"id":"4c460106-81b4-43b7-bca2-95f670a43228","block_type":"box","text":"Exchange","page_number":6,"box":{"x":842,"y":788,"width":54,"height":9}},{"id":"0437cc74-66f9-4618-9524-38b9e81df562","block_type":"box","text":"Group companies and are used by FTSE, MTS, FTSE TMX and Russell under","page_number":6,"box":{"x":90,"y":800,"width":427,"height":8}},{"id":"4cc599c9-8efd-408f-8ac8-0190e3dd60af","block_type":"box","text":"licence","page_number":6,"box":{"x":521,"y":800,"width":37,"height":7}},{"id":"6a11b46a-937e-4775-af31-070fb14e296e","block_type":"box","text":". All information is provided for information purposes only.","page_number":6,"box":{"x":559,"y":800,"width":332,"height":8}},{"id":"617b91bd-6d5c-43f2-b2ca-ac64a2ddacd1","block_type":"box","text":"No responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors for any errors","page_number":6,"box":{"x":91,"y":811,"width":705,"height":9}},{"id":"5bb26729-3792-44f5-b843-3d517e065447","block_type":"box","text":"or","page_number":6,"box":{"x":800,"y":813,"width":11,"height":5}},{"id":"eb74abd8-cd04-41b6-af14-fc77fb8f2238","block_type":"box","text":"for any loss","page_number":6,"box":{"x":814,"y":811,"width":65,"height":9}},{"id":"f92a3568-5c1e-449f-8dbb-cd3479e64197","block_type":"box","text":"from use of this publication. Neither the London Stock Exchange Group companies nor any of its licensors","page_number":6,"box":{"x":90,"y":823,"width":606,"height":8}},{"id":"cba996f6-7612-4116-be75-e501c91047b1","block_type":"box","text":"make any claim, prediction,","page_number":6,"box":{"x":700,"y":823,"width":154,"height":8}},{"id":"2d0d7224-c8ae-483c-ab56-852b0b118c43","block_type":"box","text":"warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the F","page_number":6,"box":{"x":90,"y":834,"width":704,"height":9}},{"id":"851f7de6-5d23-4f41-9fa4-cc04907d8a99","block_type":"box","text":"TSE","page_number":6,"box":{"x":794,"y":834,"width":22,"height":7}},{"id":"d49b2158-6c24-49c9-856b-167e3320c276","block_type":"box","text":"or Russell","page_number":6,"box":{"x":821,"y":834,"width":53,"height":7}},{"id":"cd5d2bbf-db06-4852-9f0d-ce67dfc0fd96","block_type":"box","text":"indexes or the fitness or suitability of the indexes for any particular purpose to which they might be put.","page_number":6,"box":{"x":91,"y":845,"width":594,"height":9}}],"unit":"per_mille","page_width":595,"page_height":841,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":6}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"5b123a93-4051-4416-984e-f74d9351d6bf"},"user_id":1000002,"date_created":"2026-10-23T21:15:08.868000Z","date_modified":"2026-10-23T21:15:08.868000Z","private":false}