{"annotation_id":"79f00848-f651-4e25-b477-d520592969b9","file_hash":"6fc1126cdfa74ec00203aa6aab08b28bb97b976eabb8d640b1775eaa673d65b6","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"ce87f74a-6635-413e-9fd9-c72a24300966","block_type":"box","text":"1","page_number":1,"box":{"x":498,"y":956,"width":6,"height":7}},{"id":"ec2bc465-a2f2-4e2e-a531-55f5efd8ae41","block_type":"box","text":"Fund facts","page_number":1,"box":{"x":681,"y":241,"width":60,"height":6}},{"id":"805e30cd-f611-452b-9f4e-a1474dce4d56","block_type":"box","text":"Total fund assets","page_number":1,"box":{"x":680,"y":257,"width":99,"height":6}},{"id":"efcfe8f7-3c92-4660-a41b-787abfd54c29","block_type":"box","text":"£244mn","page_number":1,"box":{"x":882,"y":257,"width":44,"height":6}},{"id":"0e61fce3-e571-4c43-a014-51677648b8ea","block_type":"box","text":"Share class assets","page_number":1,"box":{"x":681,"y":273,"width":103,"height":6}},{"id":"d39b1d65-fa26-4187-8885-1803334c726c","block_type":"box","text":"£231.7mn","page_number":1,"box":{"x":874,"y":273,"width":52,"height":6}},{"id":"5788fbd9-0f62-4f5a-8e02-c59b3b581fd3","block_type":"box","text":"Inception date","page_number":1,"box":{"x":681,"y":289,"width":81,"height":8}},{"id":"72221afc-19b9-40e0-8d54-095a21438f34","block_type":"box","text":"22 January 2026","page_number":1,"box":{"x":833,"y":289,"width":93,"height":8}},{"id":"fc803109-c757-41e8-a74a-adf37ab2e8aa","block_type":"box","text":"Use of income","page_number":1,"box":{"x":681,"y":305,"width":79,"height":6}},{"id":"b8164455-39ef-45fd-a4a0-eed6ff6f7991","block_type":"box","text":"Reinvested","page_number":1,"box":{"x":866,"y":306,"width":60,"height":6}},{"id":"ab6eb896-d07b-46b4-ba5c-c0882114307e","block_type":"box","text":"ISA eligible","page_number":1,"box":{"x":681,"y":322,"width":61,"height":7}},{"id":"b090928d-fcd8-44d5-9486-7dd5edb019f0","block_type":"box","text":"Yes","page_number":1,"box":{"x":907,"y":322,"width":19,"height":6}},{"id":"10a33c2c-2d61-436e-8ac6-960d09e26b81","block_type":"box","text":"Domicile","page_number":1,"box":{"x":681,"y":338,"width":48,"height":6}},{"id":"6a8d2b48-2fb1-41b6-b494-f513c5833b56","block_type":"box","text":"UK","page_number":1,"box":{"x":911,"y":338,"width":16,"height":6}},{"id":"e7f715d6-4d25-4ccb-b173-021a9102637d","block_type":"box","text":"UK Reporting Status","page_number":1,"box":{"x":681,"y":354,"width":117,"height":8}},{"id":"4ab6b928-82de-4144-9eae-0f0a2085da1d","block_type":"box","text":"Yes","page_number":1,"box":{"x":907,"y":355,"width":19,"height":5}},{"id":"d6d764ac-c52d-4254-8571-c2143d2835ce","block_type":"box","text":"Investment structure","page_number":1,"box":{"x":681,"y":371,"width":118,"height":5}},{"id":"f1ebd08b-0b61-42f0-bdc0-828b5fec1d20","block_type":"box","text":"NURS","page_number":1,"box":{"x":894,"y":371,"width":32,"height":6}},{"id":"6283c35f-8fd5-48bb-90cc-8f210667bcdf","block_type":"box","text":"SRRI","page_number":1,"box":{"x":681,"y":387,"width":25,"height":6}},{"id":"334be29e-e8e1-4d65-adfc-99fd85589b55","block_type":"box","text":"1","page_number":1,"box":{"x":707,"y":386,"width":2,"height":4}},{"id":"4ffada35-ff8f-4fc8-923b-f92aab2fc2f5","block_type":"box","text":"4","page_number":1,"box":{"x":921,"y":387,"width":6,"height":6}},{"id":"32253ffb-4702-49b7-a9d6-dbd56cd029ff","block_type":"box","text":"IA Sector","page_number":1,"box":{"x":681,"y":406,"width":51,"height":6}},{"id":"02a4bbb7-1c95-4e67-87e0-e2cfaf6d2ebc","block_type":"box","text":"Mixed Investment","page_number":1,"box":{"x":827,"y":401,"width":100,"height":6}},{"id":"2ea7f805-9acd-4418-bc6a-b56ebf98dc97","block_type":"box","text":"40","page_number":1,"box":{"x":839,"y":411,"width":14,"height":6}},{"id":"8171b41a-77d9-4976-b9da-a4ec86523d6d","block_type":"box","text":"-","page_number":1,"box":{"x":854,"y":414,"width":4,"height":1}},{"id":"dbf2a8ce-b821-4cd2-821b-c5574046e84b","block_type":"box","text":"85% Shares","page_number":1,"box":{"x":859,"y":411,"width":67,"height":6}},{"id":"0da9da09-6e70-463a-a447-beb6d20d1f04","block_type":"box","text":"Risk ratings","page_number":1,"box":{"x":682,"y":459,"width":65,"height":8}},{"id":"22cb73bc-01a2-4016-b923-890ff9ee8129","block_type":"box","text":"3","page_number":1,"box":{"x":748,"y":459,"width":4,"height":4}},{"id":"c7d173ef-0700-44b4-8e7e-d92b20492447","block_type":"box","text":"Defaqto","page_number":1,"box":{"x":682,"y":475,"width":46,"height":8}},{"id":"71bf6510-2582-4a18-9f21-5b3476eaff65","block_type":"box","text":"(of 10)","page_number":1,"box":{"x":733,"y":475,"width":36,"height":8}},{"id":"c0a6fe15-a43c-47ab-a50b-bc13bf4cbad3","block_type":"box","text":"5","page_number":1,"box":{"x":921,"y":476,"width":6,"height":5}},{"id":"4ce7f8d2-8abb-47d5-b855-d9d0ed5a424c","block_type":"box","text":"Dynamic Planner (of 10)","page_number":1,"box":{"x":682,"y":492,"width":136,"height":7}},{"id":"2d15e350-5911-419e-bae3-c2ec42812283","block_type":"box","text":"5","page_number":1,"box":{"x":921,"y":492,"width":6,"height":6}},{"id":"c5aec8a4-012a-402a-bc37-37dc7b95c7d0","block_type":"box","text":"EV (1","page_number":1,"box":{"x":682,"y":508,"width":27,"height":7}},{"id":"51c5d7b2-30d7-46a9-a40c-e3402c23f558","block_type":"box","text":"-","page_number":1,"box":{"x":711,"y":511,"width":3,"height":1}},{"id":"d798bc8f-b6bc-4883-a629-89ee46617337","block_type":"box","text":"10, 15 years)","page_number":1,"box":{"x":715,"y":508,"width":69,"height":7}},{"id":"68b90186-18b2-4372-a7b8-160b70ec3cbe","block_type":"box","text":"6","page_number":1,"box":{"x":921,"y":508,"width":6,"height":6}},{"id":"0aaa1ba6-225d-4f4c-8990-354a8ec7e3aa","block_type":"box","text":"Finametrica","page_number":1,"box":{"x":682,"y":524,"width":67,"height":6}},{"id":"2ad70751-0b91-4d1d-9dd0-9503335b977d","block_type":"box","text":"(of 100)","page_number":1,"box":{"x":754,"y":524,"width":45,"height":7}},{"id":"6532d94f-f58c-416e-93f7-2b7a62321ca6","block_type":"box","text":"54","page_number":1,"box":{"x":896,"y":524,"width":13,"height":6}},{"id":"82413149-10e1-4f65-a125-0ed054138436","block_type":"box","text":"-","page_number":1,"box":{"x":910,"y":528,"width":3,"height":0}},{"id":"c63721f9-bc4a-4d06-8793-cf5f9110eef1","block_type":"box","text":"65","page_number":1,"box":{"x":914,"y":524,"width":13,"height":6}},{"id":"cdce14eb-fc39-48bf-8fb2-6442a4e9306b","block_type":"box","text":"Oxford Risk (of 5)","page_number":1,"box":{"x":681,"y":540,"width":100,"height":8}},{"id":"14fb6f1b-71c3-492a-bdda-0041e564e7dc","block_type":"box","text":"3","page_number":1,"box":{"x":921,"y":540,"width":6,"height":6}},{"id":"64565a19-0fd0-4898-8b1c-b238603e98e8","block_type":"box","text":"Oxford Risk (of 7)","page_number":1,"box":{"x":681,"y":557,"width":100,"height":7}},{"id":"5a78d57b-6269-419a-bb80-8ac1631ac39a","block_type":"box","text":"4","page_number":1,"box":{"x":921,"y":557,"width":6,"height":6}},{"id":"788a0d3e-61cc-43ee-b967-9cf1da5d1a3e","block_type":"box","text":"Fees","page_number":1,"box":{"x":681,"y":424,"width":25,"height":6}},{"id":"9e3a0461-247f-4fb2-a900-3fd3cfebdfb6","block_type":"box","text":"Ongoing Charges Figure (OCF","page_number":1,"box":{"x":681,"y":440,"width":172,"height":8}},{"id":"e69885a9-7422-431a-b6d9-d9aedc45ccd9","block_type":"box","text":"2","page_number":1,"box":{"x":854,"y":440,"width":4,"height":4}},{"id":"eeeae0f4-ec57-47ac-85eb-e6fe2cc2fbc2","block_type":"box","text":")","page_number":1,"box":{"x":858,"y":440,"width":4,"height":7}},{"id":"702f0ecc-7824-42a6-9671-5381f102a492","block_type":"box","text":"0.20%","page_number":1,"box":{"x":890,"y":440,"width":36,"height":6}},{"id":"f8163437-6f2f-4103-9efe-8e87a3b3e01e","block_type":"box","text":"Fund identifiers","page_number":1,"box":{"x":681,"y":578,"width":89,"height":6}},{"id":"fd70f519-3bb1-48a4-8f6a-e126289e89a4","block_type":"box","text":"ISIN","page_number":1,"box":{"x":682,"y":595,"width":21,"height":6}},{"id":"ae4c7933-7489-4702-b507-60261999a2e3","block_type":"box","text":"GB00BVPLDQ18","page_number":1,"box":{"x":831,"y":595,"width":96,"height":6}},{"id":"1de96e06-ba44-4832-aa79-cb7e36e4b5a5","block_type":"box","text":"SEDOL","page_number":1,"box":{"x":681,"y":611,"width":41,"height":6}},{"id":"89232e1e-e3ff-47ca-a699-a077bade3b71","block_type":"box","text":"BVPLDQ1","page_number":1,"box":{"x":873,"y":611,"width":53,"height":6}},{"id":"7ddfbd1f-12c1-4b5d-b532-e90832feb99e","block_type":"box","text":"Bloomberg ticker","page_number":1,"box":{"x":682,"y":628,"width":96,"height":8}},{"id":"4be4bdd3-712d-48b6-bc83-3b9366769dc0","block_type":"box","text":"VL60AGA","page_number":1,"box":{"x":871,"y":628,"width":56,"height":6}},{"id":"3887ffe4-f8b7-49d4-bb4e-3325d7744557","block_type":"box","text":"Base currency","page_number":1,"box":{"x":682,"y":645,"width":78,"height":7}},{"id":"808062fd-234c-41de-8282-40b2882d6e2a","block_type":"box","text":"GBP","page_number":1,"box":{"x":902,"y":645,"width":25,"height":6}},{"id":"08c0e211-d3d2-4573-8b1a-c29a49b74549","block_type":"box","text":"1","page_number":1,"box":{"x":680,"y":666,"width":2,"height":3}},{"id":"2172afd6-38b8-4cb0-8f36-492d189089c2","block_type":"box","text":"Synthetic Risk and Reward Indicator is used","page_number":1,"box":{"x":684,"y":666,"width":229,"height":7}},{"id":"04790d55-cee9-4519-89d1-2873e651b4ed","block_type":"box","text":"to indicate the level of risk of a NURS fund on","page_number":1,"box":{"x":680,"y":675,"width":240,"height":6}},{"id":"01568f4a-715b-4e21-89cb-b462875de1f5","block_type":"box","text":"a scale of 1 to 7, with 1 representing low risk","page_number":1,"box":{"x":681,"y":684,"width":230,"height":8}},{"id":"5e6bc815-5635-4591-9aab-54a525714d99","block_type":"box","text":"and 7 representing high risk.","page_number":1,"box":{"x":681,"y":694,"width":147,"height":7}},{"id":"f5f2b848-b970-4b5b-b9fe-b621f56d1c50","block_type":"box","text":"2","page_number":1,"box":{"x":680,"y":707,"width":4,"height":4}},{"id":"eeb138b7-ac6e-4e97-b4ab-2dd0f51a89f7","block_type":"box","text":"The Ongoing Charges Figure (OCF) covers","page_number":1,"box":{"x":684,"y":708,"width":224,"height":7}},{"id":"6332d891-8ea9-4fb4-8044-83333c71b056","block_type":"box","text":"administration, audit, depository, legal,","page_number":1,"box":{"x":681,"y":717,"width":206,"height":7}},{"id":"3a42d46f-9701-420f-a6d6-b556f25e1ab0","block_type":"box","text":"registration and regulatory expenses incurred","page_number":1,"box":{"x":681,"y":726,"width":239,"height":7}},{"id":"ef4e3cf8-b0c4-43d0-ad40-6346ca42955c","block_type":"box","text":"in respect of the Funds.","page_number":1,"box":{"x":681,"y":736,"width":123,"height":7}},{"id":"7acca529-ca2b-402c-87cf-409156758bbb","block_type":"box","text":"3","page_number":1,"box":{"x":680,"y":749,"width":4,"height":4}},{"id":"907cdfa3-33f7-4f94-aef1-8578a9fef623","block_type":"box","text":"Risk ratings are independent measures that","page_number":1,"box":{"x":685,"y":750,"width":230,"height":7}},{"id":"42e230c0-1fc0-4bff-b470-80919ae2054b","block_type":"box","text":"indicate how much risk a fund is expected to","page_number":1,"box":{"x":681,"y":759,"width":233,"height":7}},{"id":"5dce1d79-e7d5-43a7-a708-3f89e77eaa11","block_type":"box","text":"take, based on what it invests in and how","page_number":1,"box":{"x":680,"y":768,"width":218,"height":7}},{"id":"b0e506b8-c5ad-433c-a19f-34bd6f8c8cae","block_type":"box","text":"much its value may rise and fall. Different","page_number":1,"box":{"x":681,"y":777,"width":220,"height":8}},{"id":"6512ff96-cef5-42b3-abc4-9531cd8ea88a","block_type":"box","text":"providers use different methodologies, but","page_number":1,"box":{"x":681,"y":787,"width":224,"height":7}},{"id":"ff7edd2e-9563-4b23-aa56-15b15b7b02ae","block_type":"box","text":"higher ratings indicate higher risk within a","page_number":1,"box":{"x":681,"y":796,"width":220,"height":7}},{"id":"5a54b2d2-b77d-4be3-ad0d-9f857c2cd8de","block_type":"box","text":"given scale.","page_number":1,"box":{"x":681,"y":805,"width":59,"height":7}},{"id":"24a4e12f-152b-4b5b-acf2-873e9cf1942c","block_type":"box","text":"Defaqto","page_number":1,"box":{"x":681,"y":814,"width":43,"height":8}},{"id":"c89b4977-3465-4b20-a3f6-7da0332ef877","block_type":"box","text":"data as","page_number":1,"box":{"x":728,"y":815,"width":39,"height":5}},{"id":"bdf4f1d3-e475-47b2-8df3-ec8b4bdeaa3b","block_type":"box","text":"at","page_number":1,"box":{"x":771,"y":815,"width":11,"height":5}},{"id":"54558497-2a4a-4084-b9b8-bfd47dc07e6d","block_type":"box","text":"April 2026; Dynamic","page_number":1,"box":{"x":786,"y":815,"width":105,"height":7}},{"id":"fe2cbbf0-2d40-499a-8148-74440e4dab6b","block_type":"box","text":"Planner data as at Q3 2026;","page_number":1,"box":{"x":681,"y":824,"width":147,"height":6}},{"id":"adf01d95-3632-42e6-ab4c-4df3398bcb1f","block_type":"box","text":"EValue","page_number":1,"box":{"x":833,"y":824,"width":35,"height":5}},{"id":"97315067-c54e-443e-90ac-99cf1b53bd72","block_type":"box","text":"data as at","page_number":1,"box":{"x":872,"y":824,"width":55,"height":5}},{"id":"ccc30112-a0d5-405e-ab3b-6627607fc3b6","block_type":"box","text":"Q3 2026;","page_number":1,"box":{"x":681,"y":833,"width":46,"height":7}},{"id":"f0b471d0-3099-4ecf-807b-5c5dec1973cf","block_type":"box","text":"FinaMetrica","page_number":1,"box":{"x":731,"y":833,"width":62,"height":6}},{"id":"edcb3e94-1858-4e73-ac2c-ca7927930275","block_type":"box","text":"data as","page_number":1,"box":{"x":798,"y":833,"width":39,"height":6}},{"id":"f27c3834-6a5e-422c-9978-3cc8fe0c89b4","block_type":"box","text":"at","page_number":1,"box":{"x":841,"y":834,"width":11,"height":5}},{"id":"9154520a-9830-47ae-a6c3-5f365ce507a1","block_type":"box","text":"24 February","page_number":1,"box":{"x":856,"y":833,"width":63,"height":7}},{"id":"f2673cfe-2103-4f87-a99b-c8ddf9083211","block_type":"box","text":"2026; Oxford Risk data as","page_number":1,"box":{"x":681,"y":842,"width":136,"height":7}},{"id":"8509a3f1-0034-49c0-bfa7-3630995072c1","block_type":"box","text":"at","page_number":1,"box":{"x":821,"y":843,"width":11,"height":5}},{"id":"9efb672e-1b21-4baa-af60-69432613910d","block_type":"box","text":"6 January 2026.","page_number":1,"box":{"x":835,"y":842,"width":83,"height":7}},{"id":"f7f10f45-57e3-429e-a51b-8f7ea55049f2","block_type":"box","text":"•","page_number":1,"box":{"x":91,"y":199,"width":3,"height":2}},{"id":"7f36ab01-daf8-49eb-b0d6-1b921f2e1ee7","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":"b6d2e407-4818-4462-aa95-77c6f78d02f7","block_type":"box","text":"income received from, assets held by the Fund) over the long term (5 years or","page_number":1,"box":{"x":114,"y":209,"width":502,"height":9}},{"id":"1933e1b0-6c9f-48a5-8332-3c0e0afcb91c","block_type":"box","text":"more) by investing within a pre","page_number":1,"box":{"x":114,"y":221,"width":200,"height":9}},{"id":"98f9448a-66b0-4a11-8931-4aaea4e6edb8","block_type":"box","text":"-","page_number":1,"box":{"x":316,"y":225,"width":4,"height":1}},{"id":"c8613925-cefa-49dd-8a21-9be445f35389","block_type":"box","text":"defined mix of assets.","page_number":1,"box":{"x":321,"y":221,"width":141,"height":7}},{"id":"f7669a19-7a12-43a8-a7c7-fb5b4fd6668a","block_type":"box","text":"•","page_number":1,"box":{"x":91,"y":236,"width":3,"height":2}},{"id":"ddf8d688-9b55-4603-bafe-6fd872caa204","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":"d0766c55-616c-4df9-b0b1-fe2f730d3f32","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":"56601e1a-6a4d-4b7a-8368-c325484e393c","block_type":"box","text":"•","page_number":1,"box":{"x":91,"y":260,"width":3,"height":3}},{"id":"e4117b5d-f6ce-4cfe-8865-f7b9d9b2b271","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":"ae059953-0480-4258-b8f3-aeb6ec9d6cc6","block_type":"box","text":"company shares or government and corporate bonds.","page_number":1,"box":{"x":114,"y":270,"width":348,"height":9}},{"id":"b6c02882-bc3f-45fd-8742-442497a1f140","block_type":"box","text":"Investment objective and policy summary","page_number":1,"box":{"x":91,"y":175,"width":299,"height":10}},{"id":"5add61ac-eda2-49c6-9130-24ff74cf332f","block_type":"box","text":"Year","page_number":1,"box":{"x":221,"y":603,"width":26,"height":5}},{"id":"35db6a5d-7407-415c-a50b-313025b97c61","block_type":"box","text":"to date","page_number":1,"box":{"x":213,"y":612,"width":42,"height":6}},{"id":"4df213aa-150b-4c78-a36e-9ce41c1c6dea","block_type":"box","text":"1m","page_number":1,"box":{"x":276,"y":607,"width":16,"height":6}},{"id":"632fe15b-7fab-4a31-9746-fcfde966d57a","block_type":"box","text":"3m","page_number":1,"box":{"x":325,"y":607,"width":17,"height":6}},{"id":"992825e4-0230-4261-bb2f-0bd2d667b971","block_type":"box","text":"6m","page_number":1,"box":{"x":375,"y":607,"width":16,"height":6}},{"id":"800768b6-9c6d-4345-a3f9-3edb93aa80ad","block_type":"box","text":"1yr","page_number":1,"box":{"x":425,"y":607,"width":17,"height":8}},{"id":"83c66e27-418a-4ea2-87fe-ed575957c5c2","block_type":"box","text":"3yrs","page_number":1,"box":{"x":471,"y":607,"width":24,"height":8}},{"id":"613311ac-1ccf-4c7c-960f-aca0e52a20a3","block_type":"box","text":"5yrs","page_number":1,"box":{"x":521,"y":607,"width":24,"height":8}},{"id":"b7b93e92-42e3-45ec-96a2-3de41503c1e1","block_type":"box","text":"10yrs","page_number":1,"box":{"x":568,"y":607,"width":30,"height":8}},{"id":"1bf088aa-6f1b-4e67-ba38-8892412076dc","block_type":"box","text":"Since","page_number":1,"box":{"x":618,"y":602,"width":29,"height":6}},{"id":"d46a7c34-e660-4f7e-940b-820588418c58","block_type":"box","text":"inc.","page_number":1,"box":{"x":623,"y":612,"width":18,"height":6}},{"id":"8686393f-5ef4-4e7a-b1bf-cc7f999efb39","block_type":"box","text":"LifeStrategy","page_number":1,"box":{"x":100,"y":630,"width":71,"height":7}},{"id":"c76836a9-437f-46cc-a5ea-e26676f929e3","block_type":"box","text":"Global 60%","page_number":1,"box":{"x":99,"y":640,"width":65,"height":6}},{"id":"f99fcea5-77a7-46cc-92f5-036a9b4c05c7","block_type":"box","text":"Equity Fund","page_number":1,"box":{"x":100,"y":650,"width":66,"height":7}},{"id":"6ccad778-bb00-45ce-91c5-67ea9fc1e785","block_type":"box","text":"-","page_number":1,"box":{"x":168,"y":653,"width":3,"height":1}},{"id":"ea60f7c1-fe3a-44ab-b46b-c3f16baa17c9","block_type":"box","text":"Acc.","page_number":1,"box":{"x":172,"y":650,"width":23,"height":6}},{"id":"f8fcb152-526a-4e18-8101-609e90b064ae","block_type":"box","text":"-","page_number":1,"box":{"x":229,"y":645,"width":4,"height":1}},{"id":"64d34539-fd34-4726-b19d-74dc4969c6f4","block_type":"box","text":"-","page_number":1,"box":{"x":279,"y":645,"width":3,"height":1}},{"id":"4f3a4586-c5dc-4ca9-9a49-80e05e699689","block_type":"box","text":"-","page_number":1,"box":{"x":329,"y":645,"width":3,"height":1}},{"id":"91f4e169-8094-47ac-add5-4f96753f2f92","block_type":"box","text":"-","page_number":1,"box":{"x":379,"y":645,"width":3,"height":1}},{"id":"899e8aa9-a2d6-474e-a104-de620988a2fc","block_type":"box","text":"-","page_number":1,"box":{"x":428,"y":645,"width":4,"height":1}},{"id":"ae6d4cd9-34f8-4ac6-a56b-094ba1f2bcb7","block_type":"box","text":"-","page_number":1,"box":{"x":478,"y":645,"width":3,"height":1}},{"id":"5fb27b62-dc73-42c7-b7b3-759acb7f1508","block_type":"box","text":"-","page_number":1,"box":{"x":528,"y":645,"width":3,"height":1}},{"id":"958599e7-4c33-4307-95b6-7b321ac945d1","block_type":"box","text":"-","page_number":1,"box":{"x":578,"y":645,"width":3,"height":1}},{"id":"f97e2d99-01cf-4631-ba1b-07f83f003a7e","block_type":"box","text":"-","page_number":1,"box":{"x":627,"y":645,"width":4,"height":1}},{"id":"3d38c691-12e3-4c91-9ea9-2250d01395be","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":208,"y":715,"width":37,"height":8}},{"id":"828e9e8b-70bf-44dd-af8d-8378a3540568","block_type":"box","text":"2017","page_number":1,"box":{"x":213,"y":725,"width":27,"height":6}},{"id":"09213dd4-ec80-4abd-8f75-638539297785","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":253,"y":715,"width":37,"height":8}},{"id":"5b3556ef-519a-4e62-b31c-05ae8f0a1627","block_type":"box","text":"2018","page_number":1,"box":{"x":258,"y":725,"width":27,"height":6}},{"id":"11dd47f7-0d92-44fa-a85e-7cf6b0fecee6","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":298,"y":715,"width":37,"height":8}},{"id":"bfbbfdc7-cf35-45cf-8c89-08661ff8199d","block_type":"box","text":"2019","page_number":1,"box":{"x":303,"y":725,"width":27,"height":6}},{"id":"a70ac94c-a989-4b74-b43f-2f0690f5dd1b","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":343,"y":715,"width":37,"height":8}},{"id":"9e707b5d-dd74-4455-80de-331841ef88cd","block_type":"box","text":"2020","page_number":1,"box":{"x":348,"y":725,"width":27,"height":6}},{"id":"01dc3638-c9af-4984-8565-6f48e670ed4b","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":388,"y":715,"width":37,"height":8}},{"id":"51c837d0-7f47-4c16-81aa-1e59e9696943","block_type":"box","text":"2021","page_number":1,"box":{"x":393,"y":725,"width":27,"height":6}},{"id":"252f489f-edea-42b8-80de-25d396436c27","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":433,"y":715,"width":37,"height":8}},{"id":"f4384586-c663-48a1-84cd-76e5c3f99e85","block_type":"box","text":"2022","page_number":1,"box":{"x":438,"y":725,"width":27,"height":6}},{"id":"1c777092-7ea9-4a16-a218-1226b21635be","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":478,"y":715,"width":37,"height":8}},{"id":"c3d8c3ce-d821-4f0a-a9ea-2f012c1f5368","block_type":"box","text":"2023","page_number":1,"box":{"x":483,"y":725,"width":27,"height":6}},{"id":"c68fe178-521e-45e8-8e2e-b45acfb33ee7","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":523,"y":715,"width":37,"height":8}},{"id":"7b21c51d-52a5-4af6-bafc-371d42fcd14d","block_type":"box","text":"2024","page_number":1,"box":{"x":528,"y":725,"width":27,"height":6}},{"id":"06b575f4-30b0-4313-9f2c-6457ade563a6","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":568,"y":715,"width":37,"height":8}},{"id":"3915995e-f40e-4d7c-b6b4-9c0c15ea8020","block_type":"box","text":"2025","page_number":1,"box":{"x":573,"y":725,"width":27,"height":6}},{"id":"a3da9125-5e22-47cc-9164-741a39ba8d5e","block_type":"box","text":"30 Sep","page_number":1,"box":{"x":612,"y":715,"width":38,"height":8}},{"id":"bca245f5-aafd-41f8-8355-d908b03a185d","block_type":"box","text":"2026","page_number":1,"box":{"x":618,"y":725,"width":27,"height":6}},{"id":"8af8bae0-3a17-427d-8d0d-f7707322b1c0","block_type":"box","text":"LifeStrategy","page_number":1,"box":{"x":98,"y":744,"width":71,"height":8}},{"id":"18dcdbc1-677a-429f-8fcd-b1b72b8d765f","block_type":"box","text":"Global 60%","page_number":1,"box":{"x":97,"y":754,"width":65,"height":6}},{"id":"6ee87156-960c-46b7-9fc1-5dadaa3942a4","block_type":"box","text":"Equity Fund","page_number":1,"box":{"x":98,"y":764,"width":66,"height":8}},{"id":"3e9abac6-af6f-47fb-8b45-1e51b8d9fb2b","block_type":"box","text":"-","page_number":1,"box":{"x":166,"y":768,"width":3,"height":0}},{"id":"55a7fe9a-1b28-4b61-b4bf-602edd19e563","block_type":"box","text":"Acc.","page_number":1,"box":{"x":170,"y":764,"width":23,"height":6}},{"id":"38618b53-eaa1-4add-863c-77e7b8a20108","block_type":"box","text":"-","page_number":1,"box":{"x":225,"y":758,"width":3,"height":1}},{"id":"ce41dce4-36f6-4503-85c5-e52bae89ffc6","block_type":"box","text":"-","page_number":1,"box":{"x":270,"y":758,"width":3,"height":1}},{"id":"dc8022b0-7f00-4d11-a8c8-e42ba7626974","block_type":"box","text":"-","page_number":1,"box":{"x":315,"y":758,"width":3,"height":1}},{"id":"79e5b8f9-50d7-4565-a2c2-28fa49a7a7bb","block_type":"box","text":"-","page_number":1,"box":{"x":360,"y":758,"width":3,"height":1}},{"id":"e63341f7-95df-455c-852f-a7f103989c3c","block_type":"box","text":"-","page_number":1,"box":{"x":405,"y":758,"width":3,"height":1}},{"id":"ca219d32-ccef-4dbd-b8f6-c5c9409c1a57","block_type":"box","text":"-","page_number":1,"box":{"x":450,"y":758,"width":3,"height":1}},{"id":"376a8693-7366-41b4-ae80-a75ecc232d49","block_type":"box","text":"-","page_number":1,"box":{"x":495,"y":758,"width":3,"height":1}},{"id":"392f1780-092c-4e31-8ab4-41cc160dfcd1","block_type":"box","text":"-","page_number":1,"box":{"x":540,"y":758,"width":3,"height":1}},{"id":"942b4288-0146-47d2-8509-4a545b0faca1","block_type":"box","text":"-","page_number":1,"box":{"x":585,"y":758,"width":3,"height":1}},{"id":"dd6810b6-006e-4def-b74e-b6f040e8a01f","block_type":"box","text":"-","page_number":1,"box":{"x":630,"y":758,"width":3,"height":1}},{"id":"2f6ac910-a8b3-4448-abbd-0a2d49b00a4c","block_type":"box","text":"IA Mixed","page_number":1,"box":{"x":98,"y":779,"width":46,"height":6}},{"id":"959c9fd7-6dc1-4264-85f1-63c8c0629879","block_type":"box","text":"Investment 40","page_number":1,"box":{"x":98,"y":789,"width":80,"height":6}},{"id":"724f9587-8713-494a-9f8b-30de94d5816a","block_type":"box","text":"-","page_number":1,"box":{"x":179,"y":792,"width":3,"height":1}},{"id":"1b8086e4-93c8-4574-8a9f-8d56edcb30a4","block_type":"box","text":"85% Shares","page_number":1,"box":{"x":97,"y":799,"width":67,"height":6}},{"id":"e9df4fcf-9645-406f-9fab-7a24e5cfbaa2","block_type":"box","text":"-","page_number":1,"box":{"x":225,"y":792,"width":3,"height":1}},{"id":"8feec7c5-1710-4cd2-9545-7afd013365fb","block_type":"box","text":"-","page_number":1,"box":{"x":270,"y":792,"width":3,"height":1}},{"id":"6cca8d94-0a52-439a-adae-8cfc927646f1","block_type":"box","text":"-","page_number":1,"box":{"x":315,"y":792,"width":3,"height":1}},{"id":"e99607c2-d3f0-4231-aa0d-17d5cdb7dcf3","block_type":"box","text":"-","page_number":1,"box":{"x":360,"y":792,"width":3,"height":1}},{"id":"1d019c42-691d-4e56-afb0-4e17ed16e240","block_type":"box","text":"-","page_number":1,"box":{"x":405,"y":792,"width":3,"height":1}},{"id":"f81ec53f-2174-48c5-b4c3-24580c3b345c","block_type":"box","text":"-","page_number":1,"box":{"x":450,"y":792,"width":3,"height":1}},{"id":"bf4e8c2b-06e7-405b-b4f8-c46d9f67b611","block_type":"box","text":"-","page_number":1,"box":{"x":495,"y":792,"width":3,"height":1}},{"id":"7c411990-52c0-4a4c-97c0-1ce98e66f835","block_type":"box","text":"-","page_number":1,"box":{"x":540,"y":792,"width":3,"height":1}},{"id":"cc2a13c4-a80f-4ae8-8c84-19ccdb47a039","block_type":"box","text":"-","page_number":1,"box":{"x":585,"y":792,"width":3,"height":1}},{"id":"ec021cd9-24dd-41af-b27a-aeb256027234","block_type":"box","text":"-","page_number":1,"box":{"x":630,"y":792,"width":3,"height":1}},{"id":"7fc964d1-910b-47f7-b83f-3488c92fa126","block_type":"box","text":"Source: Vanguard data as","page_number":1,"box":{"x":91,"y":919,"width":147,"height":8}},{"id":"f0085596-7e7d-461d-a100-5ac13332ed0e","block_type":"box","text":"at","page_number":1,"box":{"x":243,"y":920,"width":11,"height":5}},{"id":"e31fe0bf-4a52-4e54-8576-5500db3f9170","block_type":"box","text":"30 September 2026.","page_number":1,"box":{"x":258,"y":919,"width":115,"height":8}},{"id":"932f967e-25a0-4532-9b37-0827da8b371e","block_type":"box","text":"Annualised performance","page_number":1,"box":{"x":90,"y":562,"width":158,"height":9}},{"id":"26366dc3-12fa-4570-b505-dcfe958f3931","block_type":"box","text":"%, GBP, after OCF","page_number":1,"box":{"x":90,"y":576,"width":106,"height":8}},{"id":"1f66f937-7484-4a23-83da-ff5f7b29a112","block_type":"box","text":"2","page_number":1,"box":{"x":197,"y":576,"width":4,"height":4}},{"id":"cd867353-36e5-4d27-bcc4-2e7669f5f6b5","block_type":"box","text":", as","page_number":1,"box":{"x":202,"y":578,"width":18,"height":6}},{"id":"12bea6b8-2183-4d2b-99c1-1f3311266c7c","block_type":"box","text":"at","page_number":1,"box":{"x":224,"y":577,"width":12,"height":6}},{"id":"3b299015-7ce2-4ae0-8e93-76abeb19c93d","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":240,"y":576,"width":114,"height":9}},{"id":"beea8822-a6b5-4cde-a884-ed28c39bdde5","block_type":"box","text":"12","page_number":1,"box":{"x":90,"y":677,"width":13,"height":7}},{"id":"5d266dce-1891-4e24-9554-b1969ac5f2dc","block_type":"box","text":"-","page_number":1,"box":{"x":104,"y":681,"width":4,"height":1}},{"id":"b54fc97b-4855-4776-9ec7-ab3e106a71e4","block_type":"box","text":"month return to:","page_number":1,"box":{"x":110,"y":677,"width":107,"height":7}},{"id":"7f0e4410-4c16-48a5-b365-0d861bc676ce","block_type":"box","text":"%, GBP,","page_number":1,"box":{"x":91,"y":689,"width":44,"height":8}},{"id":"256cb376-ff5d-4b5a-bb8e-e533ebb867a3","block_type":"box","text":"after OCF","page_number":1,"box":{"x":139,"y":689,"width":58,"height":7}},{"id":"8bfc674b-35ba-478a-8ae8-9d28a8646ae1","block_type":"box","text":"2","page_number":1,"box":{"x":198,"y":688,"width":3,"height":5}},{"id":"27675a42-0123-4c36-a578-f2efdf6521e1","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":90,"y":933,"width":431,"height":7}},{"id":"572b0800-9de6-4ae4-9e51-a8cc616476d6","block_type":"box","text":"Fund information","page_number":1,"box":{"x":679,"y":152,"width":124,"height":8}},{"id":"b66ca47b-3109-49c3-adc5-d6ae836bb988","block_type":"box","text":"Asset allocation","page_number":1,"box":{"x":678,"y":170,"width":91,"height":6}},{"id":"817fd482-b526-41c8-9fdd-97664df11af9","block_type":"box","text":"Fund performance","page_number":1,"box":{"x":91,"y":297,"width":131,"height":10}},{"id":"d33590cb-ac5f-429f-89a3-0b4b7658ab12","block_type":"box","text":"As","page_number":1,"box":{"x":90,"y":155,"width":17,"height":7}},{"id":"bf8237d2-378e-4a3a-bcfb-67976f5f805b","block_type":"box","text":"at","page_number":1,"box":{"x":113,"y":156,"width":15,"height":6}},{"id":"750a37c2-9d2f-45e9-882b-6ffd8ae1c131","block_type":"box","text":"30 September 2026 |","page_number":1,"box":{"x":133,"y":155,"width":160,"height":9}},{"id":"49f67587-26f2-45e0-ad25-2392091c89d1","block_type":"box","text":"This is a marketing communication","page_number":1,"box":{"x":307,"y":154,"width":249,"height":10}},{"id":"0c0c7d89-1097-4c92-9f36-0a3a33e80b3e","block_type":"box","text":"Fund objective and performance","page_number":1,"box":{"x":91,"y":88,"width":669,"height":29}},{"id":"72c44a86-8906-40b9-87f9-2e7d8227fa59","block_type":"box","text":"Fund factsheet","page_number":1,"box":{"x":90,"y":58,"width":110,"height":8}},{"id":"25531b52-248e-499c-934c-7bd31b33a06a","block_type":"box","text":"| Vanguard LifeStrategy® Global 60% Equity Fund GBP Accumulation Shares","page_number":1,"box":{"x":216,"y":58,"width":570,"height":10}},{"id":"bc1058f6-5827-4111-8c1a-7b42c9ed40fa","block_type":"box","text":"40.15%","page_number":1,"box":{"x":696,"y":213,"width":37,"height":6}},{"id":"670be442-eeed-47da-bdaa-f7a67f73447b","block_type":"box","text":"Bonds","page_number":1,"box":{"x":737,"y":213,"width":30,"height":6}},{"id":"d24d4f7a-777f-4ed6-acc8-9ad468478007","block_type":"box","text":"59.85%","page_number":1,"box":{"x":837,"y":213,"width":38,"height":6}},{"id":"2223867c-7047-43c1-b966-49d819f737ff","block_type":"box","text":"Equities","page_number":1,"box":{"x":879,"y":214,"width":39,"height":7}},{"id":"2bbd121e-e05a-4b32-9791-a13d2ecf3b64","block_type":"box","text":"Regulations require a full 12","page_number":1,"box":{"x":148,"y":422,"width":180,"height":9}},{"id":"23bfc5a0-ec96-41bb-8681-c9e60ec8d02c","block_type":"box","text":"-","page_number":1,"box":{"x":330,"y":426,"width":4,"height":1}},{"id":"1cfe36ea-63d5-475e-b288-9aa3e8764884","block_type":"box","text":"month track record before we can show","page_number":1,"box":{"x":336,"y":422,"width":259,"height":7}},{"id":"703c86e0-998d-42ef-b0ef-0a950fe372f1","block_type":"box","text":"performance. Performance will be shown after 22 January 2027.","page_number":1,"box":{"x":162,"y":433,"width":418,"height":9}},{"id":"6acabfd9-f4f8-4c60-8dc5-973687fb4b7b","block_type":"box","text":"2","page_number":2,"box":{"x":497,"y":956,"width":6,"height":7}},{"id":"cfa67497-5952-47cb-9c56-ff2fbf8af0d5","block_type":"box","text":"33.1%","page_number":2,"box":{"x":338,"y":533,"width":29,"height":6}},{"id":"fc784701-5eff-4346-85d5-f32eaa81cb05","block_type":"box","text":"Information Technology","page_number":2,"box":{"x":378,"y":533,"width":118,"height":8}},{"id":"c64c4948-efae-4b10-9a24-80033d583808","block_type":"box","text":"16.1%","page_number":2,"box":{"x":339,"y":547,"width":28,"height":6}},{"id":"c3b98025-9d4b-4642-b0de-6828614c7bf7","block_type":"box","text":"Financials","page_number":2,"box":{"x":378,"y":547,"width":49,"height":6}},{"id":"dcfc13a2-26c1-40de-a8fc-55e78f1ea1c2","block_type":"box","text":"10.7%","page_number":2,"box":{"x":337,"y":561,"width":30,"height":6}},{"id":"f9dd5f78-4ee8-427f-88bd-a11348d001cc","block_type":"box","text":"Industrials","page_number":2,"box":{"x":378,"y":561,"width":51,"height":6}},{"id":"0818172d-fefd-40ff-92c8-63bb199f6e20","block_type":"box","text":"8.5%","page_number":2,"box":{"x":342,"y":576,"width":25,"height":5}},{"id":"73da6ff2-1f15-4c5d-b315-7b19b668b5b9","block_type":"box","text":"Health Care","page_number":2,"box":{"x":378,"y":575,"width":59,"height":6}},{"id":"5d2a6e74-1553-4bc7-82bf-14695db300d9","block_type":"box","text":"8.3%","page_number":2,"box":{"x":342,"y":590,"width":25,"height":6}},{"id":"b7558f7c-6506-45f3-b70e-e919b5a300c1","block_type":"box","text":"Consumer Discretionary","page_number":2,"box":{"x":378,"y":590,"width":120,"height":7}},{"id":"44f01351-50b6-4250-9cac-288e6d896f1b","block_type":"box","text":"7.8%","page_number":2,"box":{"x":342,"y":604,"width":25,"height":6}},{"id":"d8d47536-50dc-4bb4-a54a-29c65a93580f","block_type":"box","text":"Communication Services","page_number":2,"box":{"x":378,"y":604,"width":122,"height":6}},{"id":"e5e32a10-76b0-4dc4-b0ab-81293cf1d647","block_type":"box","text":"4.4%","page_number":2,"box":{"x":342,"y":618,"width":25,"height":6}},{"id":"44200f4d-1786-492b-aa1c-67c7bd25cddc","block_type":"box","text":"Consumer Staples","page_number":2,"box":{"x":378,"y":618,"width":91,"height":7}},{"id":"fd5541f2-705c-496d-a672-5c690a0dd01f","block_type":"box","text":"3.7%","page_number":2,"box":{"x":343,"y":632,"width":24,"height":6}},{"id":"cdd33a79-709b-4042-828d-58f01fc76207","block_type":"box","text":"Energy","page_number":2,"box":{"x":378,"y":632,"width":34,"height":8}},{"id":"7cc2b852-f762-41db-b86c-fa0f37448f11","block_type":"box","text":"3.4%","page_number":2,"box":{"x":342,"y":646,"width":25,"height":6}},{"id":"784a9ffa-531f-4517-9460-2d408173e075","block_type":"box","text":"Materials","page_number":2,"box":{"x":378,"y":646,"width":46,"height":6}},{"id":"2b6b8bea-3520-43a4-bf65-817f24c88ce2","block_type":"box","text":"2.2%","page_number":2,"box":{"x":342,"y":660,"width":25,"height":6}},{"id":"5598aa8b-9379-4374-b6c3-5b4fd2367ed7","block_type":"box","text":"Utilities","page_number":2,"box":{"x":378,"y":660,"width":37,"height":6}},{"id":"9d877e0f-72c5-4009-97f8-401f7b20bf2f","block_type":"box","text":"1.7%","page_number":2,"box":{"x":344,"y":675,"width":23,"height":5}},{"id":"32abcf40-a286-450d-9b31-f0c3650883ff","block_type":"box","text":"Real Estate","page_number":2,"box":{"x":378,"y":674,"width":57,"height":6}},{"id":"70c7a76e-ed57-4f90-b94c-16314b54348a","block_type":"box","text":"Source: Vanguard data as","page_number":2,"box":{"x":91,"y":866,"width":148,"height":7}},{"id":"a47303ec-f258-4a2f-868c-3f4357431e56","block_type":"box","text":"at","page_number":2,"box":{"x":243,"y":867,"width":12,"height":5}},{"id":"774fdbee-4213-40e9-8d7c-a56b051edfca","block_type":"box","text":"30 September 2026.","page_number":2,"box":{"x":259,"y":866,"width":115,"height":7}},{"id":"b14e56a3-3403-492a-926d-7e7644aad270","block_type":"box","text":"1","page_number":2,"box":{"x":91,"y":875,"width":2,"height":4}},{"id":"f1ddaece-e8fe-4586-9a42-cf108f2975c5","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":"99e3346c-0373-49e2-890d-5dc3b507fe7a","block_type":"box","text":"gen","page_number":2,"box":{"x":827,"y":878,"width":20,"height":5}},{"id":"4a109aa9-b8e6-4c1e-9efd-ffff7552456c","block_type":"box","text":"cies, Local","page_number":2,"box":{"x":848,"y":876,"width":57,"height":7}},{"id":"45cb311a-b2e4-4eb5-b988-b3528b014daa","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":"a56efd48-ea3b-4e28-8da3-3380d2d0b620","block_type":"box","text":"Securitised","page_number":2,"box":{"x":592,"y":887,"width":62,"height":6}},{"id":"7b5d60d1-e73b-4c3c-ae7d-1e08a393623b","block_type":"box","text":"includes ABS (asset","page_number":2,"box":{"x":659,"y":887,"width":111,"height":7}},{"id":"6a5575a6-4819-481c-9d68-2c2834053b97","block_type":"box","text":"-","page_number":2,"box":{"x":771,"y":890,"width":4,"height":1}},{"id":"c201a1a3-cf6e-42cc-ad5a-db5cd0287800","block_type":"box","text":"backed securities), CMBS","page_number":2,"box":{"x":776,"y":887,"width":143,"height":7}},{"id":"1349a42e-71c6-43ca-b4a3-563c68616c2f","block_type":"box","text":"(commercial mortgage","page_number":2,"box":{"x":91,"y":897,"width":130,"height":8}},{"id":"5028268b-c66f-46d5-ace4-afad13b2a631","block_type":"box","text":"-","page_number":2,"box":{"x":223,"y":901,"width":3,"height":0}},{"id":"c1ced503-06fe-4c83-be33-e01d21fb1b16","block_type":"box","text":"backed securities),","page_number":2,"box":{"x":228,"y":897,"width":104,"height":7}},{"id":"968daa79-634b-48b7-95bd-6849cd3446d1","block_type":"box","text":"Mortgage Backed","page_number":2,"box":{"x":337,"y":897,"width":99,"height":8}},{"id":"3b782b70-4aab-4e9b-ad3f-587b288089a1","block_type":"box","text":"Pass through.","page_number":2,"box":{"x":442,"y":897,"width":76,"height":8}},{"id":"797d9693-6a72-4909-a1a7-f74e4df6688b","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":"1447d1f2-346a-4615-b602-a20190012b7b","block_type":"box","text":"bre","page_number":2,"box":{"x":828,"y":908,"width":17,"height":6}},{"id":"e61f0757-a1d8-4b05-9942-d092bd1e6910","block_type":"box","text":"akdowns are","page_number":2,"box":{"x":846,"y":908,"width":72,"height":6}},{"id":"88421135-1bad-430e-9c99-bf99ab70da07","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":"d985647a-bff0-4765-bb82-6a0d13713929","block_type":"box","text":"54.2%","page_number":2,"box":{"x":772,"y":367,"width":31,"height":6}},{"id":"1abf1229-60c4-420c-a899-dd841337b1a6","block_type":"box","text":"Government","page_number":2,"box":{"x":814,"y":367,"width":62,"height":6}},{"id":"03435944-a946-441b-b0ee-5059cf84e5f6","block_type":"box","text":"22.8%","page_number":2,"box":{"x":772,"y":381,"width":31,"height":6}},{"id":"4e53582d-cdcd-4def-aeee-46606c4589eb","block_type":"box","text":"Corporate","page_number":2,"box":{"x":814,"y":381,"width":50,"height":8}},{"id":"878caf5e-10a9-4e21-86e1-5170c1f70ca5","block_type":"box","text":"12.5%","page_number":2,"box":{"x":774,"y":396,"width":29,"height":6}},{"id":"f271cca7-86a4-4fa1-8d84-b5c04c94d0a0","block_type":"box","text":"Government","page_number":2,"box":{"x":814,"y":396,"width":62,"height":5}},{"id":"3d1e2b15-e9b6-4ebd-8dec-072395a48396","block_type":"box","text":"-","page_number":2,"box":{"x":876,"y":399,"width":3,"height":1}},{"id":"baec1752-b4a9-4fd9-8502-5c36e07db7a6","block_type":"box","text":"related","page_number":2,"box":{"x":881,"y":395,"width":34,"height":6}},{"id":"adeda4aa-189a-4e92-a004-c095820b937f","block_type":"box","text":"10.2%","page_number":2,"box":{"x":772,"y":410,"width":31,"height":6}},{"id":"ee0013b2-1a94-40c5-b097-5fd6e67b51b0","block_type":"box","text":"Securitised","page_number":2,"box":{"x":814,"y":410,"width":54,"height":6}},{"id":"6de45ddf-92f1-43c2-8d8e-9e6fb350278b","block_type":"box","text":"0.3%","page_number":2,"box":{"x":777,"y":424,"width":26,"height":6}},{"id":"f56c80c7-8d5d-4296-9641-60e4960e2b07","block_type":"box","text":"Other","page_number":2,"box":{"x":814,"y":424,"width":28,"height":6}},{"id":"e4c1b2b3-2d10-4cbe-a4c0-796f45052f3b","block_type":"box","text":"66.0%","page_number":2,"box":{"x":334,"y":367,"width":33,"height":6}},{"id":"bc503c86-f1d3-47d3-b687-c0c0f480fed2","block_type":"box","text":"North America","page_number":2,"box":{"x":378,"y":367,"width":72,"height":6}},{"id":"d7d1598d-9119-4fab-8e7f-5c9f00285e20","block_type":"box","text":"10.7%","page_number":2,"box":{"x":337,"y":381,"width":30,"height":6}},{"id":"510a06b0-cdbc-4b63-ae13-873fcc14d581","block_type":"box","text":"Europe ex","page_number":2,"box":{"x":378,"y":381,"width":48,"height":8}},{"id":"28c20b83-c30a-4a08-a9b5-75a280acc399","block_type":"box","text":"-","page_number":2,"box":{"x":427,"y":385,"width":3,"height":0}},{"id":"7572af91-7d88-418e-9402-0da76887878b","block_type":"box","text":"UK","page_number":2,"box":{"x":432,"y":381,"width":13,"height":6}},{"id":"ebdb560b-4d93-48c2-9bd9-8d238ff58919","block_type":"box","text":"7.8%","page_number":2,"box":{"x":342,"y":395,"width":25,"height":6}},{"id":"84880bd6-d9c1-4674-8e13-f2672a053a6f","block_type":"box","text":"Emerging Markets","page_number":2,"box":{"x":378,"y":395,"width":91,"height":8}},{"id":"29958437-765f-4de9-9307-8e6e99fd331f","block_type":"box","text":"6.2%","page_number":2,"box":{"x":342,"y":409,"width":25,"height":6}},{"id":"732a37cd-6878-4099-92dc-2cc50f778682","block_type":"box","text":"Asia ex","page_number":2,"box":{"x":377,"y":410,"width":35,"height":5}},{"id":"be970be9-dfd7-4a78-8ecc-e7f86f45e4dc","block_type":"box","text":"-","page_number":2,"box":{"x":413,"y":413,"width":3,"height":0}},{"id":"fb04234b-a90e-458e-b49d-01056a66574c","block_type":"box","text":"Japan","page_number":2,"box":{"x":417,"y":410,"width":30,"height":7}},{"id":"c4159c83-aad3-4d52-b8c5-e4382b5a9e0a","block_type":"box","text":"6.1%","page_number":2,"box":{"x":344,"y":424,"width":23,"height":6}},{"id":"71673a22-79a8-4391-82f8-272c3cfe6681","block_type":"box","text":"Japan","page_number":2,"box":{"x":377,"y":424,"width":31,"height":7}},{"id":"960a40c0-09d3-4a1f-bcb1-d576849ea6dd","block_type":"box","text":"3.1%","page_number":2,"box":{"x":344,"y":438,"width":23,"height":6}},{"id":"32fc6d2d-8782-4498-a4e4-22db0ac61f9a","block_type":"box","text":"UK","page_number":2,"box":{"x":378,"y":438,"width":14,"height":6}},{"id":"cacf2fbf-51dd-49bf-92c6-0885d4b8eb84","block_type":"box","text":"13.5%","page_number":2,"box":{"x":774,"y":571,"width":29,"height":6}},{"id":"68fe84fb-2c1f-450e-8e4a-c315824616ca","block_type":"box","text":"AAA","page_number":2,"box":{"x":813,"y":571,"width":22,"height":6}},{"id":"9525d1fc-53f7-42a4-9e2b-4799f4b7bb01","block_type":"box","text":"42.5%","page_number":2,"box":{"x":772,"y":586,"width":31,"height":5}},{"id":"f983e312-81f4-4b85-96c7-6ff2891162f9","block_type":"box","text":"AA","page_number":2,"box":{"x":813,"y":586,"width":15,"height":5}},{"id":"b447b312-8253-4ad6-905f-7c0ea5b34181","block_type":"box","text":"26.6%","page_number":2,"box":{"x":771,"y":600,"width":32,"height":6}},{"id":"24d2238d-65c0-4580-b363-b86c4d86dad2","block_type":"box","text":"A","page_number":2,"box":{"x":813,"y":600,"width":7,"height":6}},{"id":"e1b420d5-7864-4cd5-a61a-f3ed15ba07c0","block_type":"box","text":"16.9%","page_number":2,"box":{"x":773,"y":614,"width":30,"height":6}},{"id":"399d8a9a-2574-4954-8c0c-98284676ed9c","block_type":"box","text":"BBB","page_number":2,"box":{"x":814,"y":614,"width":20,"height":6}},{"id":"5e0cab01-fe69-43be-b32c-b0422fad689d","block_type":"box","text":"0.6%","page_number":2,"box":{"x":777,"y":628,"width":26,"height":6}},{"id":"30b205a6-3009-4389-83d2-23ea3c3254a6","block_type":"box","text":"Not rated","page_number":2,"box":{"x":814,"y":628,"width":47,"height":6}},{"id":"5186fb14-2310-4eed-a017-247704cc8a28","block_type":"box","text":"What the fund invests in","page_number":2,"box":{"x":89,"y":88,"width":511,"height":23}},{"id":"f5182e9c-9c46-4def-bfec-32fe7513cdac","block_type":"box","text":"Fund factsheet","page_number":2,"box":{"x":90,"y":58,"width":110,"height":8}},{"id":"49add64e-5cc8-4e45-b2e3-c148633b9478","block_type":"box","text":"| Vanguard LifeStrategy® Global 60% Equity Fund GBP Accumulation Shares","page_number":2,"box":{"x":216,"y":58,"width":570,"height":10}},{"id":"d743cbce-f678-4fc6-b7ee-b5f6abdbae10","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":"b8b3523c-7850-4ffc-9290-da6af2c04db0","block_type":"box","text":"Investment breakdown","page_number":2,"box":{"x":90,"y":295,"width":166,"height":8}},{"id":"212d7286-db09-4981-8190-6db573a1c113","block_type":"box","text":"Equity","page_number":2,"box":{"x":91,"y":317,"width":41,"height":9}},{"id":"401c2db9-2308-440c-b5e2-04d3c6f33f97","block_type":"box","text":"investments by region","page_number":2,"box":{"x":137,"y":317,"width":141,"height":9}},{"id":"11732f15-81a7-4676-a873-0677addd14da","block_type":"box","text":"Bond","page_number":2,"box":{"x":515,"y":317,"width":32,"height":7}},{"id":"8614f5d0-1ff5-40d4-b5a7-6d1eecd59c2b","block_type":"box","text":"investments by type of issuer","page_number":2,"box":{"x":551,"y":317,"width":190,"height":8}},{"id":"58b76bbd-f18a-4199-ab11-9d1871e890fd","block_type":"box","text":"1","page_number":2,"box":{"x":742,"y":316,"width":2,"height":5}},{"id":"3bbd362c-e491-4027-bc6f-b1c921d1c80b","block_type":"box","text":"Equity","page_number":2,"box":{"x":91,"y":510,"width":41,"height":9}},{"id":"39345014-c505-4c40-ba20-c461627c504a","block_type":"box","text":"investments by industry","page_number":2,"box":{"x":137,"y":510,"width":155,"height":9}},{"id":"5ce28d25-e26f-4138-a681-41b969f373ac","block_type":"box","text":"Bond","page_number":2,"box":{"x":519,"y":510,"width":32,"height":7}},{"id":"acb6184b-19a7-4e76-aaf6-f54f3cbf7367","block_type":"box","text":"investments by credit rating","page_number":2,"box":{"x":556,"y":510,"width":182,"height":9}},{"id":"4bf3e1be-1493-4f0b-9e53-41da3999d51d","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":90,"y":933,"width":431,"height":7}},{"id":"0150564a-5f63-4680-badd-9fb4c3fae4cf","block_type":"box","text":"Equity funds","page_number":2,"box":{"x":92,"y":157,"width":81,"height":9}},{"id":"89a1e3ae-c79f-4ce2-b1ad-b8b783b430e2","block_type":"box","text":"Vanguard FTSE Developed World ex","page_number":2,"box":{"x":92,"y":173,"width":207,"height":8}},{"id":"080aa204-0088-44eb-b58b-63a343edd285","block_type":"box","text":"-","page_number":2,"box":{"x":300,"y":177,"width":3,"height":0}},{"id":"1345fb11-b338-4850-bed3-764bea2cbf76","block_type":"box","text":"U.K. Equity Index Fund","page_number":2,"box":{"x":305,"y":173,"width":127,"height":8}},{"id":"0a9502ae-e1ec-4a23-aa93-0b96924377cd","block_type":"box","text":"32.9%","page_number":2,"box":{"x":446,"y":173,"width":34,"height":6}},{"id":"14dbe5b8-7e92-49f4-aad5-d396521c4f25","block_type":"box","text":"Vanguard U.S. Equity Index Fund","page_number":2,"box":{"x":92,"y":188,"width":187,"height":7}},{"id":"1c5eb244-c02f-40d2-9d51-4cc476b530eb","block_type":"box","text":"14.8%","page_number":2,"box":{"x":446,"y":188,"width":34,"height":6}},{"id":"98b58b2e-9221-4bd6-9c39-4155b4cf4445","block_type":"box","text":"Vanguard Emerging Markets Stock Index Fund","page_number":2,"box":{"x":92,"y":202,"width":265,"height":8}},{"id":"a42f545a-03c1-4167-82b9-9f693bd7ee3e","block_type":"box","text":"6.0%","page_number":2,"box":{"x":453,"y":202,"width":27,"height":6}},{"id":"77fb18ed-10db-41d6-b3d5-65ca2cfdb1d1","block_type":"box","text":"Vanguard FTSE Developed Europe ex","page_number":2,"box":{"x":92,"y":217,"width":207,"height":7}},{"id":"65f322a2-30dc-4e36-a11a-1c73bd7dd585","block_type":"box","text":"-","page_number":2,"box":{"x":300,"y":220,"width":3,"height":1}},{"id":"760c220e-8fac-4dc5-8117-2f9c18a8a80f","block_type":"box","text":"U.K. Equity Index Fund","page_number":2,"box":{"x":305,"y":217,"width":123,"height":7}},{"id":"c497dd91-c6f9-4e5b-90d4-4931f64e6d97","block_type":"box","text":"2.3%","page_number":2,"box":{"x":453,"y":217,"width":27,"height":6}},{"id":"8a17c324-aafa-4b26-82e7-689d7fb3fb22","block_type":"box","text":"Vanguard FTSE U.K. All Share Index Unit Trust","page_number":2,"box":{"x":92,"y":231,"width":265,"height":8}},{"id":"3ae0d039-841c-4dd1-941e-35bc3472985a","block_type":"box","text":"1.9%","page_number":2,"box":{"x":453,"y":231,"width":27,"height":6}},{"id":"007f16bf-770a-4333-8e71-acfdffc64bc7","block_type":"box","text":"Vanguard Japan Stock Index Fund","page_number":2,"box":{"x":92,"y":246,"width":195,"height":7}},{"id":"76fb5fa7-c537-440a-8b60-4f9df6fff3aa","block_type":"box","text":"1.4%","page_number":2,"box":{"x":453,"y":246,"width":27,"height":6}},{"id":"6e9f6bf8-035c-47b9-95bf-081f8c81f4f2","block_type":"box","text":"Vanguard Pacific ex","page_number":2,"box":{"x":92,"y":260,"width":113,"height":8}},{"id":"dfb87cda-0a11-4165-b388-85ac9e461dac","block_type":"box","text":"-","page_number":2,"box":{"x":206,"y":264,"width":3,"height":0}},{"id":"92c51b3d-e55e-4024-b223-567b9a108443","block_type":"box","text":"Japan Stock Index Fund","page_number":2,"box":{"x":210,"y":260,"width":136,"height":8}},{"id":"ef86599d-94f2-4342-a0b4-d015864cfc87","block_type":"box","text":"0.5%","page_number":2,"box":{"x":452,"y":260,"width":28,"height":6}},{"id":"e5b793db-9f40-4002-8dbb-6d1490d4a39b","block_type":"box","text":"Bond funds","page_number":2,"box":{"x":515,"y":157,"width":72,"height":7}},{"id":"9dae4d73-a8b8-4699-a687-62856b216b4e","block_type":"box","text":"Vanguard Global Bond Index Fund","page_number":2,"box":{"x":515,"y":173,"width":194,"height":8}},{"id":"e76c95e2-e307-4548-b61b-64acd1a8f92e","block_type":"box","text":"33.1%","page_number":2,"box":{"x":884,"y":173,"width":34,"height":6}},{"id":"d0c3df48-e930-4263-82fb-ca1ccc27bf73","block_type":"box","text":"Vanguard U.S. Government Bond Index Fund","page_number":2,"box":{"x":515,"y":188,"width":255,"height":7}},{"id":"2b9f16eb-5f52-4a0f-936c-b94e72abdc0c","block_type":"box","text":"2.0%","page_number":2,"box":{"x":891,"y":188,"width":27,"height":6}},{"id":"ed86ee90-d3c7-47de-84c4-cd0736e1f53e","block_type":"box","text":"Vanguard U.S. Investment Grade Credit Index Fund","page_number":2,"box":{"x":515,"y":202,"width":293,"height":8}},{"id":"4cb652e9-e2dc-4e97-9c75-f5ed296fe7f4","block_type":"box","text":"1.7%","page_number":2,"box":{"x":891,"y":202,"width":27,"height":6}},{"id":"6e4763cb-308e-44ce-a627-9bfd77b1f02a","block_type":"box","text":"Vanguard Euro Government Bond Index Fund","page_number":2,"box":{"x":515,"y":217,"width":259,"height":8}},{"id":"d8f8f8b1-fa5a-4646-8fbf-b96103243037","block_type":"box","text":"1.5%","page_number":2,"box":{"x":891,"y":217,"width":27,"height":6}},{"id":"98ad84a1-6bb5-4705-9777-b979b9787a9f","block_type":"box","text":"Vanguard Euro Investment Grade Bond Index Fund","page_number":2,"box":{"x":515,"y":231,"width":290,"height":8}},{"id":"2fa375f5-4e5d-4ac8-af9b-8f914fd47312","block_type":"box","text":"0.9%","page_number":2,"box":{"x":891,"y":231,"width":27,"height":6}},{"id":"ff79fdae-75b5-4818-ae7f-f82bc10478f9","block_type":"box","text":"Vanguard Japan Government Bond Index Fund","page_number":2,"box":{"x":515,"y":246,"width":268,"height":8}},{"id":"7a0f6e18-d2f9-4d00-89e3-f4b3ee8208f2","block_type":"box","text":"0.6%","page_number":2,"box":{"x":891,"y":246,"width":27,"height":6}},{"id":"7a5e221c-d679-4533-885a-abfd43534cc9","block_type":"box","text":"Vanguard U.K. Government Bond Index Fund","page_number":2,"box":{"x":515,"y":260,"width":255,"height":8}},{"id":"b50292a6-b554-4622-ba05-17bf7fefab18","block_type":"box","text":"0.3%","page_number":2,"box":{"x":891,"y":261,"width":27,"height":5}},{"id":"f5ade56f-3aa6-408f-b999-bb6a205cc047","block_type":"box","text":"Investments by currency","page_number":2,"box":{"x":90,"y":704,"width":159,"height":9}},{"id":"2576b31f-18bc-4b29-be22-e212e4404b0d","block_type":"box","text":"44.8%","page_number":2,"box":{"x":113,"y":781,"width":32,"height":6}},{"id":"9fc69ac3-922a-48b3-aaac-68c5408b15e7","block_type":"box","text":"B","page_number":2,"box":{"x":161,"y":781,"width":5,"height":6}},{"id":"f541357c-6e8e-4ed7-b4ee-d77a99792a58","block_type":"box","text":"ritish","page_number":2,"box":{"x":168,"y":781,"width":23,"height":6}},{"id":"607109a3-6fa5-48fd-a359-475e014a337d","block_type":"box","text":"pounds","page_number":2,"box":{"x":196,"y":781,"width":35,"height":7}},{"id":"dcc4eb7b-e559-4168-87c9-24ee987126d6","block_type":"box","text":"36.3%","page_number":2,"box":{"x":113,"y":795,"width":32,"height":6}},{"id":"a53bbdac-13a3-40ef-84d8-03f059ace549","block_type":"box","text":"US dollars","page_number":2,"box":{"x":161,"y":795,"width":49,"height":6}},{"id":"0e1bc473-1d4d-4b0f-9cbc-3f6260f0e8c2","block_type":"box","text":"1.2%","page_number":2,"box":{"x":632,"y":781,"width":23,"height":6}},{"id":"287c965f-84ec-4785-8865-884c7150d3e8","block_type":"box","text":"Hong Kong dollars","page_number":2,"box":{"x":679,"y":781,"width":90,"height":8}},{"id":"94f954c7-5498-40f7-9705-60fe6ef0ffe8","block_type":"box","text":"1.1%","page_number":2,"box":{"x":632,"y":795,"width":21,"height":6}},{"id":"1f12eab6-f53e-4818-9bd2-370d6aacedd5","block_type":"box","text":"Swiss franc","page_number":2,"box":{"x":679,"y":795,"width":57,"height":6}},{"id":"26136af2-eb9e-4e65-8301-ce2a64819dad","block_type":"box","text":"2.2%","page_number":2,"box":{"x":452,"y":781,"width":25,"height":6}},{"id":"6bfa3af7-2b7b-4983-bfcc-a0c29d46de43","block_type":"box","text":"S","page_number":2,"box":{"x":499,"y":781,"width":6,"height":6}},{"id":"6118d6b1-1d76-4855-af2a-6ca8d2bd4f6c","block_type":"box","text":"outh","page_number":2,"box":{"x":506,"y":781,"width":21,"height":6}},{"id":"c88f6a5b-3533-4816-b0e9-04118212f182","block_type":"box","text":"Korean won","page_number":2,"box":{"x":532,"y":781,"width":58,"height":6}},{"id":"4f0309a0-2e54-4ff6-9e71-2873226c971a","block_type":"box","text":"1.7%","page_number":2,"box":{"x":452,"y":795,"width":23,"height":6}},{"id":"9bad3f72-6d39-413f-bae1-3bb01a87111d","block_type":"box","text":"Taiwan dollars","page_number":2,"box":{"x":498,"y":795,"width":73,"height":6}},{"id":"29c084ab-ea4b-4b80-a572-716d56a04f53","block_type":"box","text":"4.2%","page_number":2,"box":{"x":285,"y":781,"width":25,"height":6}},{"id":"ebfcdd7d-e848-4efe-97ca-1ad7bae7b474","block_type":"box","text":"Euros","page_number":2,"box":{"x":331,"y":781,"width":26,"height":6}},{"id":"dd8122a6-b99c-49ac-9280-6e72349ce90c","block_type":"box","text":"3.5%","page_number":2,"box":{"x":285,"y":795,"width":25,"height":6}},{"id":"a36d227b-d6a4-4d93-97c3-f334951793ca","block_type":"box","text":"Japanese yen","page_number":2,"box":{"x":330,"y":795,"width":67,"height":8}},{"id":"65044c67-f740-42d2-9e19-c1cefb64ed5b","block_type":"box","text":"1.0%","page_number":2,"box":{"x":805,"y":781,"width":25,"height":6}},{"id":"32523774-66af-4bcf-a1d0-ac7f8984bd26","block_type":"box","text":"Canadian dollars","page_number":2,"box":{"x":852,"y":781,"width":84,"height":6}},{"id":"5532021d-cb75-418f-b3f2-dd5004c69dc3","block_type":"box","text":"3.9%","page_number":2,"box":{"x":805,"y":795,"width":25,"height":6}},{"id":"026fe4e4-456c-418f-82cf-26e03813d872","block_type":"box","text":"Other","page_number":2,"box":{"x":852,"y":795,"width":29,"height":6}},{"id":"6fe3c7c8-cf0a-4349-a79b-3b45eb973c7c","block_type":"box","text":"3","page_number":3,"box":{"x":497,"y":956,"width":6,"height":7}},{"id":"2f9ca8f7-ef77-46af-98fb-62f5180f6f4f","block_type":"box","text":"Fund characteristics","page_number":3,"box":{"x":93,"y":88,"width":426,"height":23}},{"id":"6ca2fbff-3693-4558-b649-425b9c65027d","block_type":"box","text":"Equity funds","page_number":3,"box":{"x":92,"y":199,"width":91,"height":10}},{"id":"3a6f2915-3c97-49fc-ba16-1863ec7a6a4b","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":"1906b077-0d3d-4eba-a76a-e0df43ceb646","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":"c52ab8b4-735e-43e1-9e28-1cc16ddabf77","block_type":"box","text":"dic","page_number":3,"box":{"x":883,"y":161,"width":18,"height":7}},{"id":"7c110a35-4c11-4604-8f0c-317844fa2645","block_type":"box","text":"t","page_number":3,"box":{"x":902,"y":161,"width":5,"height":7}},{"id":"ec717396-ba76-436d-8454-21ebdc65388d","block_type":"box","text":"future returns.","page_number":3,"box":{"x":90,"y":173,"width":95,"height":7}},{"id":"2bec3a1f-5277-4763-af70-2dfd676c24f2","block_type":"box","text":"Bond funds","page_number":3,"box":{"x":535,"y":198,"width":80,"height":8}},{"id":"8f608e70-d3ba-4458-bbd3-29a78661422d","block_type":"box","text":"Fund factsheet","page_number":3,"box":{"x":90,"y":58,"width":110,"height":8}},{"id":"132d6725-3ac8-4f71-afd3-601ee841ba0a","block_type":"box","text":"| Vanguard LifeStrategy® Global 60% Equity Fund GBP Accumulation Shares","page_number":3,"box":{"x":216,"y":58,"width":570,"height":10}},{"id":"bcb4c193-2544-4058-bcc0-c0a05b074e93","block_type":"box","text":"Additional information","page_number":3,"box":{"x":102,"y":491,"width":163,"height":8}},{"id":"79a859f4-1506-4e13-a507-ecb0cfdea408","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":"c91f33be-efc4-4b42-ad08-4b3ac9252347","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":"4a51c36c-27d7-459e-9a2a-27eed60d0f3a","block_type":"box","text":"-","page_number":3,"box":{"x":590,"y":531,"width":4,"height":1}},{"id":"def1c817-b3fa-4da0-b0e6-812bbb4bc111","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":"6912cdae-8aed-459f-b3c2-aef4069d70e1","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":"658fb0c9-f49f-42e0-8f1a-ab0be6691efc","block_type":"box","text":"Characteristic","page_number":3,"box":{"x":100,"y":227,"width":93,"height":7}},{"id":"212141f0-b435-45df-acf9-1e81bad74386","block_type":"box","text":"1","page_number":3,"box":{"x":194,"y":227,"width":3,"height":4}},{"id":"9e7ee2d1-5c5c-4bc2-aa26-3684dea8963b","block_type":"box","text":"Value","page_number":3,"box":{"x":234,"y":227,"width":36,"height":7}},{"id":"811d9dfe-28d2-4263-8313-d16fa57c5ba6","block_type":"box","text":"Explanation","page_number":3,"box":{"x":301,"y":227,"width":77,"height":9}},{"id":"303d7eae-b090-4744-8a1f-55771519558b","block_type":"box","text":"Number of","page_number":3,"box":{"x":101,"y":246,"width":60,"height":6}},{"id":"751e0197-1dc6-4306-918b-a95e97140e04","block_type":"box","text":"companies","page_number":3,"box":{"x":100,"y":256,"width":60,"height":7}},{"id":"87fa4518-cc9e-4b8d-9d59-7fcdc6917706","block_type":"box","text":"6,399","page_number":3,"box":{"x":237,"y":251,"width":29,"height":7}},{"id":"5a3b2169-e557-48d6-9e04-7c76b9fe1458","block_type":"box","text":"The fund holds shares in many","page_number":3,"box":{"x":300,"y":246,"width":172,"height":7}},{"id":"f8c2d79d-ef12-484a-8faa-b7c45ee15ba0","block_type":"box","text":"companies to help spread risk.","page_number":3,"box":{"x":300,"y":256,"width":172,"height":7}},{"id":"a0247662-3d03-4115-95d6-852994bf8f05","block_type":"box","text":"Median company","page_number":3,"box":{"x":101,"y":277,"width":96,"height":8}},{"id":"4ae5fecb-971c-4410-bab7-255f258bb660","block_type":"box","text":"size","page_number":3,"box":{"x":100,"y":287,"width":21,"height":6}},{"id":"1d2e7e2e-19d9-4ad4-aa95-b03d3943b36f","block_type":"box","text":"*","page_number":3,"box":{"x":122,"y":287,"width":2,"height":2}},{"id":"9990a9be-dfa6-480d-b65e-adefc651b72a","block_type":"box","text":"£136.64mn","page_number":3,"box":{"x":222,"y":283,"width":59,"height":6}},{"id":"64741df0-19ad-4994-b133-aee79e20d06b","block_type":"box","text":"Shows the size of a typical","page_number":3,"box":{"x":300,"y":272,"width":151,"height":8}},{"id":"ff4b2eed-85c6-4bcd-bd94-5bb448afd393","block_type":"box","text":"company in the fund, based on its","page_number":3,"box":{"x":300,"y":282,"width":192,"height":8}},{"id":"a3d6ef31-7eb7-4d87-bfdd-bb0cef893967","block_type":"box","text":"stock market value.","page_number":3,"box":{"x":300,"y":292,"width":110,"height":6}},{"id":"3a43c9e1-a10c-456b-bb4e-1eef0642fc5e","block_type":"box","text":"Dividend yield (%)","page_number":3,"box":{"x":101,"y":324,"width":101,"height":8}},{"id":"a07f9066-b3a9-450a-971e-2196961a3d51","block_type":"box","text":"1.49%","page_number":3,"box":{"x":236,"y":324,"width":32,"height":6}},{"id":"64331bd9-a129-43df-b0ac-fdde834bc929","block_type":"box","text":"Shows how much income the","page_number":3,"box":{"x":300,"y":309,"width":166,"height":6}},{"id":"ec38a005-e4fd-4ce4-9209-1b707ddb63b4","block_type":"box","text":"companies pay out as dividends as","page_number":3,"box":{"x":300,"y":319,"width":197,"height":8}},{"id":"09554003-4e3d-4aef-b242-1869aacc1111","block_type":"box","text":"a percentage of the share price","page_number":3,"box":{"x":300,"y":329,"width":178,"height":8}},{"id":"789910d6-6801-4c11-9b89-cc71263695c1","block_type":"box","text":"each year.","page_number":3,"box":{"x":300,"y":339,"width":57,"height":8}},{"id":"75f1c198-4541-43d2-923d-969e2418522b","block_type":"box","text":"Price","page_number":3,"box":{"x":101,"y":396,"width":26,"height":6}},{"id":"2496ea6f-f004-4f23-a082-bec94ff47c8e","block_type":"box","text":"-","page_number":3,"box":{"x":129,"y":399,"width":3,"height":1}},{"id":"7c37bfbb-2bb2-4fa9-aaeb-0362510aad06","block_type":"box","text":"to","page_number":3,"box":{"x":133,"y":396,"width":11,"height":6}},{"id":"247b6d67-ffb9-4cc9-ad90-447bcff46443","block_type":"box","text":"-","page_number":3,"box":{"x":146,"y":399,"width":3,"height":1}},{"id":"f6a86666-7004-4797-ad68-02cb709bb8b1","block_type":"box","text":"earnings","page_number":3,"box":{"x":150,"y":396,"width":48,"height":7}},{"id":"6e2f5cb8-4744-4ee7-a777-19645737720f","block_type":"box","text":"(P/E) ratio (x)","page_number":3,"box":{"x":100,"y":405,"width":79,"height":8}},{"id":"ab69e299-6d6d-4b7c-9043-1a428d1ef8e0","block_type":"box","text":"20.97x","page_number":3,"box":{"x":234,"y":401,"width":36,"height":6}},{"id":"164a5b55-f06c-4cde-a3b9-03e63733f210","block_type":"box","text":"Compares a company’s share","page_number":3,"box":{"x":300,"y":356,"width":168,"height":7}},{"id":"59c7a8db-6c7c-409d-b06c-c0928d5833d0","block_type":"box","text":"price with its earnings, helping","page_number":3,"box":{"x":301,"y":366,"width":171,"height":7}},{"id":"f91185d4-d98d-4a78-9fd5-b5bd0c8eebf0","block_type":"box","text":"investors judge whether the shares","page_number":3,"box":{"x":301,"y":376,"width":197,"height":7}},{"id":"5c2d4c22-7f6f-4213-bf2b-058013d6e573","block_type":"box","text":"offer good value relative to current","page_number":3,"box":{"x":300,"y":385,"width":199,"height":8}},{"id":"a33c4d8e-b7e4-4d4f-91c5-56cd30731407","block_type":"box","text":"performance and future","page_number":3,"box":{"x":301,"y":395,"width":136,"height":8}},{"id":"ff9bee62-5d5b-4a5a-adfb-2a11782d2bc6","block_type":"box","text":"prospects. A higher P/E ratio may","page_number":3,"box":{"x":301,"y":405,"width":192,"height":8}},{"id":"c6ece5da-363c-4084-b6cd-8738fe04f816","block_type":"box","text":"suggest that investors expect","page_number":3,"box":{"x":300,"y":415,"width":169,"height":8}},{"id":"535b30b7-c854-46da-abac-554e2358c5b7","block_type":"box","text":"strong growth, while a lower ratio","page_number":3,"box":{"x":300,"y":425,"width":193,"height":8}},{"id":"e1318cad-d41f-48f4-8739-0b22b58b5765","block_type":"box","text":"could suggest more modest","page_number":3,"box":{"x":300,"y":435,"width":158,"height":8}},{"id":"c4a14d1c-2e93-49c4-b539-bc22ebd01427","block_type":"box","text":"expectations","page_number":3,"box":{"x":300,"y":446,"width":72,"height":7}},{"id":"99c79b03-5aff-4327-af0a-c1de7109faa9","block_type":"box","text":".","page_number":3,"box":{"x":374,"y":450,"width":1,"height":1}},{"id":"bfce23fc-10cf-4850-b8fc-49989f8fdde6","block_type":"box","text":"Characteristic","page_number":3,"box":{"x":543,"y":227,"width":93,"height":7}},{"id":"03bea60a-492c-4430-a02b-7b2aa36e62f7","block_type":"box","text":"2","page_number":3,"box":{"x":637,"y":227,"width":4,"height":4}},{"id":"b6d3abe2-e2ed-4898-be30-d7913991c1c3","block_type":"box","text":"Value","page_number":3,"box":{"x":676,"y":227,"width":36,"height":7}},{"id":"11138210-3834-4473-a4c0-cb7b2c7d6e85","block_type":"box","text":"Explanation","page_number":3,"box":{"x":740,"y":227,"width":77,"height":9}},{"id":"e619b79d-61cc-4098-83f0-8029208a9612","block_type":"box","text":"Number of bonds","page_number":3,"box":{"x":544,"y":251,"width":97,"height":6}},{"id":"176b9175-5c24-4f8c-aad1-c8a0fe755da7","block_type":"box","text":"20,697","page_number":3,"box":{"x":676,"y":251,"width":37,"height":7}},{"id":"cc887544-d9aa-4c2e-ac23-6a297dc8bdaa","block_type":"box","text":"The fund holds many different","page_number":3,"box":{"x":739,"y":246,"width":173,"height":7}},{"id":"0340c890-17ed-4653-98b0-0c1a32a0cb08","block_type":"box","text":"bonds for diversification.","page_number":3,"box":{"x":740,"y":256,"width":140,"height":6}},{"id":"8c12d274-8533-42df-8a29-e12c884457c8","block_type":"box","text":"Yield to worst (%)","page_number":3,"box":{"x":542,"y":302,"width":103,"height":7}},{"id":"b756bdf0-459f-4d7c-97b4-56dc91b15e6b","block_type":"box","text":"4.82%","page_number":3,"box":{"x":677,"y":303,"width":34,"height":6}},{"id":"1848e3a4-dc5d-4e62-a6e7-5dce10094318","block_type":"box","text":"The lowest yield you could get","page_number":3,"box":{"x":739,"y":272,"width":170,"height":8}},{"id":"56968494-2501-43ba-bffa-2bfde5b9e1bb","block_type":"box","text":"from a bond assuming the issuer","page_number":3,"box":{"x":739,"y":282,"width":187,"height":8}},{"id":"5a32d1a1-6ec9-466e-9c69-a321bde72b35","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":"af8d7bb8-96be-4bd7-8e59-1450d88dde3b","block_type":"box","text":"looks at all the ways the bond","page_number":3,"box":{"x":740,"y":302,"width":168,"height":8}},{"id":"ea384f45-8870-4ce7-b9a6-c78cd1243d95","block_type":"box","text":"could be paid back early and","page_number":3,"box":{"x":739,"y":312,"width":160,"height":8}},{"id":"a60c8faa-efa9-46fb-8e95-1fb6b54a69e0","block_type":"box","text":"takes the outcome that gives","page_number":3,"box":{"x":739,"y":322,"width":166,"height":8}},{"id":"0997a989-1a55-4d17-8952-85cc4fe3d8e9","block_type":"box","text":"you the least favourable return.","page_number":3,"box":{"x":739,"y":332,"width":179,"height":8}},{"id":"0d56b468-7cef-42fb-af43-1febd1f2b15a","block_type":"box","text":"Average duration","page_number":3,"box":{"x":543,"y":379,"width":97,"height":8}},{"id":"8e6f0ab0-1fef-4111-815b-f12ad43d77f1","block_type":"box","text":"6.01","page_number":3,"box":{"x":666,"y":379,"width":22,"height":6}},{"id":"6a848010-41b3-48ed-bef5-c8761963dff2","block_type":"box","text":"years","page_number":3,"box":{"x":693,"y":381,"width":29,"height":6}},{"id":"f44e9f89-d66a-4d1e-be5b-243109664fc0","block_type":"box","text":"Shows the average time it takes","page_number":3,"box":{"x":739,"y":349,"width":183,"height":8}},{"id":"2ca1ec5b-d252-4756-b04a-6309c7e79a85","block_type":"box","text":"to get a bond’s value back","page_number":3,"box":{"x":739,"y":359,"width":149,"height":8}},{"id":"5b6d5a11-6bce-4a96-a574-5b4e96bde525","block_type":"box","text":"through interest payments and","page_number":3,"box":{"x":739,"y":369,"width":177,"height":8}},{"id":"3483a1b2-daba-4833-8162-8033cecfc43d","block_type":"box","text":"the final repayment. The longer","page_number":3,"box":{"x":739,"y":379,"width":179,"height":8}},{"id":"b8285e3d-2f09-4960-98aa-19dfcd327bf1","block_type":"box","text":"the duration, the more sensitive","page_number":3,"box":{"x":739,"y":389,"width":181,"height":7}},{"id":"3c6060a0-58d3-4668-9eb3-393680a9b980","block_type":"box","text":"the bond is to changes in","page_number":3,"box":{"x":739,"y":399,"width":141,"height":8}},{"id":"a031374c-2e33-41cd-9d83-d34030d45ade","block_type":"box","text":"interest rates.","page_number":3,"box":{"x":740,"y":409,"width":78,"height":6}},{"id":"d5beb7bb-d425-4365-8b06-3e48121b5b03","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":"8bfe264c-55f7-46f1-8e9d-6e8d6c674679","block_type":"box","text":"1","page_number":3,"box":{"x":90,"y":879,"width":2,"height":4}},{"id":"b599574a-51e9-4750-84df-796b84b92415","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":"cdae37cd-6ce6-427b-943b-91293a80a78e","block_type":"box","text":"2","page_number":3,"box":{"x":90,"y":889,"width":4,"height":4}},{"id":"4ec5eef5-0320-4d19-a1e5-9be4dc56193d","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":"22680b49-601f-4976-bfdc-f1528ac83d63","block_type":"box","text":"*","page_number":3,"box":{"x":90,"y":900,"width":3,"height":2}},{"id":"034d247a-caad-4c89-bf82-94bab1e2e5df","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":"3dd8aae9-820c-4739-9535-675cfa0b2550","block_type":"box","text":"egy","page_number":3,"box":{"x":800,"y":903,"width":19,"height":5}},{"id":"8bec440c-7225-4c3c-a16a-73e4c4073ca4","block_type":"box","text":"portfolio. We then","page_number":3,"box":{"x":823,"y":901,"width":100,"height":7}},{"id":"b6da512e-abd2-4716-9e9a-b0eefbb46dd0","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":"4e7ec235-7472-403c-b3c5-ee59a57eeeb2","block_type":"box","text":"fro","page_number":3,"box":{"x":772,"y":911,"width":16,"height":6}},{"id":"c2a52923-47c9-4f2e-b186-e48b54f78167","block_type":"box","text":"m an approach that","page_number":3,"box":{"x":790,"y":911,"width":110,"height":8}},{"id":"52fa0cec-b169-47b7-be2b-d190d3d8b996","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":"7b5fae86-bdb5-4a56-97c6-69d3343a89a0","block_type":"box","text":"om","page_number":3,"box":{"x":782,"y":924,"width":17,"height":4}},{"id":"de749b0b-8163-42fe-ac01-6e7761407d4e","block_type":"box","text":"those holdings directly.","page_number":3,"box":{"x":803,"y":922,"width":127,"height":8}},{"id":"67c7b101-8640-4786-868d-b5a0e6b18962","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":"fb9b2c9c-4755-404f-905c-e7b1c044b95f","block_type":"box","text":"Key investment risks","page_number":3,"box":{"x":105,"y":675,"width":134,"height":9}},{"id":"1c0165dc-8b3b-44dc-bd80-11d70f9cdc89","block_type":"box","text":"•","page_number":3,"box":{"x":105,"y":691,"width":3,"height":2}},{"id":"a7d1b77c-e143-4a44-973a-c20892b1d65b","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":"63c9b743-a177-4347-92e0-bef98501ae90","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":"84005604-a80b-4997-8cab-345ea1b14703","block_type":"box","text":"spreads and volatility.","page_number":3,"box":{"x":127,"y":709,"width":125,"height":8}},{"id":"2db599a9-7fbf-4633-aec1-466e42711a80","block_type":"box","text":"•","page_number":3,"box":{"x":105,"y":725,"width":3,"height":2}},{"id":"0b333321-9dc0-41d2-843f-7141ab5347bb","block_type":"box","text":"Other driving factors include political, economic news,","page_number":3,"box":{"x":128,"y":722,"width":305,"height":8}},{"id":"83362d1c-4280-44e7-b52b-884d5d941ff4","block_type":"box","text":"company earnings and significant corporate events.","page_number":3,"box":{"x":127,"y":732,"width":296,"height":8}},{"id":"153d195a-418d-4012-ad7d-22a7dbc0b21a","block_type":"box","text":"•","page_number":3,"box":{"x":105,"y":748,"width":3,"height":2}},{"id":"b771db33-52b7-402a-b464-86404b6549a1","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":"74055d93-c07f-425b-8288-770457ca233f","block_type":"box","text":"the return of your investment.","page_number":3,"box":{"x":127,"y":756,"width":171,"height":8}},{"id":"1b05111e-1cdf-4eef-9cc2-f0287523a8a3","block_type":"box","text":"Counterparty risk.","page_number":3,"box":{"x":105,"y":770,"width":103,"height":7}},{"id":"390b9cf9-70b0-4bf2-938a-1b97ec7267fd","block_type":"box","text":"The insolvency of any institutions providing","page_number":3,"box":{"x":213,"y":770,"width":244,"height":7}},{"id":"7d5d0ecd-f380-43aa-900d-4761f741e391","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":"3329d53b-e0be-4336-b387-0c0d46d79a64","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":"3a6ffb16-d7f6-46df-9250-5f3daef7a24c","block_type":"box","text":"financial loss.","page_number":3,"box":{"x":104,"y":799,"width":76,"height":7}},{"id":"7c4f220c-3e65-4ab8-82fb-bad50648fd35","block_type":"box","text":"Liquidity risk.","page_number":3,"box":{"x":105,"y":813,"width":75,"height":8}},{"id":"f0710761-118b-4085-8ffd-9f694b468605","block_type":"box","text":"Lower liquidity means there are insufficient buyers","page_number":3,"box":{"x":185,"y":813,"width":287,"height":8}},{"id":"7e6242c9-c7b2-4487-a816-9763ebae2479","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":"25b6345f-d75d-4a7a-89be-2d6f0decc7e9","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":"c7fa582a-bd65-4f06-b18b-38bf8fcb29f4","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":"e8e65f49-c6ee-456a-8610-13630fbe8a15","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":"84c2df11-551e-47f4-a564-32465452afa5","block_type":"box","text":"Credit risk.","page_number":3,"box":{"x":515,"y":713,"width":62,"height":6}},{"id":"d1a6b841-122f-413e-bbd9-2608df1708ac","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":"80f031b8-8509-4338-9824-cd9179d2e412","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":"95007bbd-cc2d-4558-b6bc-b11e67657ffe","block_type":"box","text":"Inflation risk.","page_number":3,"box":{"x":516,"y":736,"width":73,"height":6}},{"id":"09d4cbab-f246-4bd9-b5bb-f9e0bf4d8e89","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":"a7484802-5ebe-4ac0-9569-db63406d4702","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":"4a3a757c-b241-4cd2-95de-1370048c88b7","block_type":"box","text":"from inflation.","page_number":3,"box":{"x":515,"y":756,"width":81,"height":6}},{"id":"7953a26d-2ece-4aef-816b-04a173c5c341","block_type":"box","text":"Use of derivatives.","page_number":3,"box":{"x":516,"y":770,"width":104,"height":6}},{"id":"cb8e3c7c-dd93-4074-987c-56b9810f7069","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":"cbf47472-f5a3-490d-9a75-a27c66442d18","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":"6aad6baa-aeec-4827-83f2-4ee074810689","block_type":"box","text":"of the Fund's net asset value.","page_number":3,"box":{"x":516,"y":789,"width":167,"height":7}},{"id":"fa42a33c-d2ca-427d-b5f7-caebcf79c688","block_type":"box","text":"4","page_number":4,"box":{"x":497,"y":957,"width":7,"height":6}},{"id":"8d5dea48-260b-4ca1-a241-23c8f451adb7","block_type":"box","text":"Glossary","page_number":4,"box":{"x":90,"y":59,"width":63,"height":9}},{"id":"e0e87f50-176a-4557-aa6c-7278c623cee3","block_type":"box","text":"| Vanguard LifeStrategy® Global 60% Equity Fund GBP Accumulation Shares","page_number":4,"box":{"x":169,"y":58,"width":571,"height":10}},{"id":"fb360a46-907c-4461-9053-416160b5e937","block_type":"box","text":"Active","page_number":4,"box":{"x":93,"y":90,"width":40,"height":7}},{"id":"b99f9050-cff8-436f-9391-032117cc1128","block_type":"box","text":"fund","page_number":4,"box":{"x":136,"y":90,"width":29,"height":7}},{"id":"35f0cb33-923a-4e82-b51d-d21b5329936f","block_type":"box","text":"management","page_number":4,"box":{"x":170,"y":91,"width":84,"height":8}},{"id":"6458bd26-3b1e-40b3-b363-0506697f5796","block_type":"box","text":"This","page_number":4,"box":{"x":93,"y":108,"width":26,"height":7}},{"id":"828a081e-7743-445f-aa2e-b2b47a179f00","block_type":"box","text":"is","page_number":4,"box":{"x":123,"y":109,"width":9,"height":6}},{"id":"1fdc79f4-3e43-4e27-b077-180cc1663821","block_type":"box","text":"an","page_number":4,"box":{"x":136,"y":111,"width":15,"height":4}},{"id":"26405485-9941-4ec6-8827-882481cb336c","block_type":"box","text":"approach","page_number":4,"box":{"x":156,"y":108,"width":59,"height":9}},{"id":"c5737bb6-7bb3-4178-a5f4-182c197928bd","block_type":"box","text":"to","page_number":4,"box":{"x":220,"y":109,"width":13,"height":6}},{"id":"94fbc34c-1731-42aa-b789-c10d9e874556","block_type":"box","text":"investing","page_number":4,"box":{"x":238,"y":109,"width":56,"height":8}},{"id":"03c8b003-05ca-4e95-92db-001563c2ece1","block_type":"box","text":"that","page_number":4,"box":{"x":299,"y":108,"width":28,"height":7}},{"id":"38893e7d-498c-4138-a4ec-4587c0c5a033","block_type":"box","text":"sees","page_number":4,"box":{"x":331,"y":111,"width":26,"height":4}},{"id":"6726aaa8-10c2-49b9-b20d-d4730353d389","block_type":"box","text":"an","page_number":4,"box":{"x":361,"y":111,"width":15,"height":4}},{"id":"947b9ee5-b09f-4020-9b17-e43ee5627dd6","block_type":"box","text":"investment","page_number":4,"box":{"x":381,"y":109,"width":72,"height":6}},{"id":"e58ceba4-4877-47ca-9172-db8bb4efa695","block_type":"box","text":"manager","page_number":4,"box":{"x":94,"y":124,"width":58,"height":6}},{"id":"2f739d82-fcd4-41a2-842d-0c38af718e2c","block_type":"box","text":"select","page_number":4,"box":{"x":155,"y":121,"width":38,"height":7}},{"id":"cd2fe0d0-bc53-4172-a282-2acba1963359","block_type":"box","text":"shares","page_number":4,"box":{"x":197,"y":121,"width":42,"height":7}},{"id":"0ccbe80d-e3ea-44e8-91ab-b9265e80af9a","block_type":"box","text":"and","page_number":4,"box":{"x":243,"y":121,"width":22,"height":7}},{"id":"90c3a3e9-55bb-4dc8-af22-8578ede2839d","block_type":"box","text":"other","page_number":4,"box":{"x":270,"y":121,"width":34,"height":7}},{"id":"dc3867c8-464c-429c-b8c7-6d3d55314f8c","block_type":"box","text":"assets","page_number":4,"box":{"x":308,"y":122,"width":41,"height":6}},{"id":"89251c5b-93a6-4d5b-85c8-828f5e694e2b","block_type":"box","text":"in","page_number":4,"box":{"x":354,"y":122,"width":9,"height":6}},{"id":"74eea146-79ad-47cf-b344-0321ca072964","block_type":"box","text":"accordance","page_number":4,"box":{"x":368,"y":121,"width":72,"height":7}},{"id":"d74ab6c1-8468-42c8-8c9a-d32d1aa9c947","block_type":"box","text":"with","page_number":4,"box":{"x":445,"y":121,"width":27,"height":7}},{"id":"d9ed71e6-1f9f-4fd1-8c5c-c1bf926db7e6","block_type":"box","text":"the","page_number":4,"box":{"x":93,"y":134,"width":21,"height":7}},{"id":"7e35bef2-9069-4f80-b905-427c5d605a2f","block_type":"box","text":"fund’s","page_number":4,"box":{"x":118,"y":134,"width":39,"height":7}},{"id":"7f71a678-7cf0-40a2-b80f-1a3fe4afdab0","block_type":"box","text":"investment","page_number":4,"box":{"x":161,"y":134,"width":73,"height":7}},{"id":"075967a9-2190-4e65-afcb-7b9bd843744e","block_type":"box","text":"objectives.","page_number":4,"box":{"x":237,"y":134,"width":65,"height":9}},{"id":"e0c70f96-81e1-42be-a6a1-21fd3b1d47c3","block_type":"box","text":"Annualised","page_number":4,"box":{"x":93,"y":153,"width":71,"height":7}},{"id":"d3f8a7e5-2370-4394-b4ee-666344c57524","block_type":"box","text":"performance","page_number":4,"box":{"x":169,"y":153,"width":82,"height":9}},{"id":"28fd742d-94b0-4a91-a246-7eafb515e0e5","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":"72ffa93f-f8f0-4c74-a399-a4811b59349e","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":"203b18be-174a-4f97-9587-97520115d808","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":"7abc74b9-bb93-435a-b545-9ca3d9543cd2","block_type":"box","text":"Asset allocation","page_number":4,"box":{"x":91,"y":211,"width":105,"height":7}},{"id":"0c91d434-071c-430e-9969-0c45dc57a80b","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":"fa6f247c-1f99-4609-bfef-a0a346bc3e4b","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":"402d366e-3c53-4d71-b977-fde8c3b9acb8","block_type":"box","text":"Asset, asset class","page_number":4,"box":{"x":93,"y":258,"width":115,"height":8}},{"id":"8a30ca3c-b39d-4d3f-84e9-50d8824d21ed","block_type":"box","text":"A","page_number":4,"box":{"x":93,"y":276,"width":9,"height":6}},{"id":"bbe5f703-af88-4d30-a168-c0e026440239","block_type":"box","text":"category","page_number":4,"box":{"x":106,"y":276,"width":58,"height":8}},{"id":"dcba68cf-56ec-4f03-bddf-296647c9fce7","block_type":"box","text":"of","page_number":4,"box":{"x":168,"y":275,"width":13,"height":7}},{"id":"3e195c88-8e9e-43ca-99a9-4631deed6d9d","block_type":"box","text":"investment","page_number":4,"box":{"x":185,"y":276,"width":71,"height":6}},{"id":"873cf72d-c648-481d-8273-80b92e207dd3","block_type":"box","text":"that displays","page_number":4,"box":{"x":260,"y":275,"width":83,"height":9}},{"id":"2c5d1c65-5442-479d-8de6-67fff5865481","block_type":"box","text":"similar","page_number":4,"box":{"x":348,"y":275,"width":42,"height":7}},{"id":"7b3c3633-8372-4aab-be3e-48a6f6e0921e","block_type":"box","text":"characteristics,","page_number":4,"box":{"x":394,"y":275,"width":99,"height":8}},{"id":"7f2f6115-c534-422c-a45f-b7ac1544e20b","block_type":"box","text":"for","page_number":4,"box":{"x":93,"y":288,"width":19,"height":7}},{"id":"ceeb92f6-8280-4fa1-b5b3-f437415537b1","block_type":"box","text":"example,","page_number":4,"box":{"x":116,"y":288,"width":56,"height":9}},{"id":"70b2afb1-dae2-41ac-965e-414fcc42e8c2","block_type":"box","text":"shares,","page_number":4,"box":{"x":176,"y":288,"width":45,"height":8}},{"id":"692fac6b-3dc4-4cce-8175-9268fcb843a1","block_type":"box","text":"bonds","page_number":4,"box":{"x":226,"y":288,"width":37,"height":7}},{"id":"1d77c614-c480-4599-b9c7-61aa3e28cc0c","block_type":"box","text":"or","page_number":4,"box":{"x":267,"y":291,"width":13,"height":4}},{"id":"abfd3510-9543-4e4f-a22a-f74a7751414e","block_type":"box","text":"property.","page_number":4,"box":{"x":285,"y":289,"width":57,"height":8}},{"id":"3c72df97-c487-41b0-8580-f52c5d431290","block_type":"box","text":"Bonds","page_number":4,"box":{"x":92,"y":307,"width":39,"height":7}},{"id":"70f0e265-8283-43e4-8203-ffc7261b0506","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":"e5f983a9-e37e-43b6-b8ef-aff9d4a3b3ce","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":"1bd160eb-e01a-45a1-bbf7-17423f858490","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":"99bd7df3-d158-4538-a445-4b394a0853a8","block_type":"box","text":"Corporate bonds","page_number":4,"box":{"x":92,"y":364,"width":109,"height":9}},{"id":"61966d97-b231-496c-875d-06e0bbf4cfe3","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":"f5460171-4924-4c62-8c15-a84fb1686fa9","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":"19048f90-37bd-481e-a6f9-7eb9b374d1f3","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":"83f87037-e29d-476f-8ad3-2e0cbb55041b","block_type":"box","text":"Credit rating (bonds)","page_number":4,"box":{"x":92,"y":422,"width":137,"height":8}},{"id":"b326f2a1-f4e5-4a7f-8743-f4cdfde3b1ee","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":"28794570-2ddd-46a7-b2fa-590d2fd15700","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":"b1169fc7-3da6-4415-8a8f-f162c7556ffe","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":"00db316c-24eb-42e6-baf6-04242d9e00b8","block_type":"box","text":"risk but potentially higher returns.","page_number":4,"box":{"x":92,"y":473,"width":220,"height":9}},{"id":"003f631a-d25a-420e-b057-e327c0e0b000","block_type":"box","text":"Cumulative performance","page_number":4,"box":{"x":92,"y":490,"width":161,"height":9}},{"id":"24199bdf-b205-4917-8f3b-fe89a4f00a62","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":"6b883d93-cbef-4e68-8dc3-5e959f439873","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":"621a6595-8616-4525-929a-6718712d22d3","block_type":"box","text":"Derivatives","page_number":4,"box":{"x":92,"y":536,"width":73,"height":7}},{"id":"6756d208-f99c-4d84-969e-7dedcbade31f","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":"4980ca0c-60be-4dd4-93e3-8485f19319f2","block_type":"box","text":"such as a share or bond.","page_number":4,"box":{"x":92,"y":565,"width":156,"height":7}},{"id":"672980e1-b531-4158-b5cb-fcf5061a2ed1","block_type":"box","text":"Diversification","page_number":4,"box":{"x":92,"y":583,"width":94,"height":7}},{"id":"6643a70a-c2ae-42a2-96b4-b3a3196a5246","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":"fe77708e-ae27-4553-a2dc-82d460c162fb","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":"4d21f335-9eb9-4730-845d-d3b1dd43f586","block_type":"box","text":"manage risk because better","page_number":4,"box":{"x":92,"y":623,"width":181,"height":9}},{"id":"14976a25-b5fe-4c98-8a32-c4365107d5bb","block_type":"box","text":"-","page_number":4,"box":{"x":274,"y":627,"width":4,"height":0}},{"id":"39a70e6e-08e9-42e6-8dbf-7cbb575b4b06","block_type":"box","text":"performing investments can help","page_number":4,"box":{"x":280,"y":623,"width":213,"height":9}},{"id":"7fa6d236-8183-4399-9308-9b8d206e09d8","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":"25ce97be-823c-488c-933a-bc2e3b7e476a","block_type":"box","text":"Equities/shares","page_number":4,"box":{"x":92,"y":651,"width":102,"height":9}},{"id":"dfeee3dc-1c7e-4e27-80f3-d2330f6bb6fc","block_type":"box","text":"Equities","page_number":4,"box":{"x":93,"y":669,"width":50,"height":9}},{"id":"58908b2f-dfce-4ffa-bc25-f7d524909f09","block_type":"box","text":"–","page_number":4,"box":{"x":148,"y":673,"width":6,"height":1}},{"id":"a2907857-f76a-445c-a186-1fdd613e5051","block_type":"box","text":"also known as shares","page_number":4,"box":{"x":159,"y":669,"width":137,"height":7}},{"id":"ce5f1e82-9dda-4346-b316-1a2e4ce3f344","block_type":"box","text":"–","page_number":4,"box":{"x":301,"y":673,"width":7,"height":1}},{"id":"49f650cc-9374-44b1-ac52-9953e0f1da22","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":"5ce6e2dc-0066-4e25-bb54-86ec24aae38a","block_type":"box","text":"a company.","page_number":4,"box":{"x":92,"y":683,"width":74,"height":6}},{"id":"e3b079d4-1208-47ff-a3e9-17bf80ae8a46","block_type":"box","text":"Fund","page_number":4,"box":{"x":92,"y":698,"width":31,"height":7}},{"id":"f4d79392-e895-4c9b-913a-4751bbaca726","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":"4e9d787f-3bfa-4a06-80c3-f4a9510c48c2","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":"c9ccfda5-eb3b-46c7-a2d2-887b30694ba7","block_type":"box","text":"Fund manager","page_number":4,"box":{"x":92,"y":744,"width":94,"height":9}},{"id":"52c3fd5d-17d3-48de-9e44-22cc4fdacedf","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":"bcf6a9dd-d74e-49d9-ad9b-f4b0da8904ff","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":"e79e0fd0-50ff-4200-9b2e-ad3f8940edd0","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":"9910c373-07e0-45d1-8b62-bdb621841823","block_type":"box","text":"index.","page_number":4,"box":{"x":92,"y":795,"width":36,"height":7}},{"id":"8bd11a1c-18d7-403c-8ecc-fc53adf9504c","block_type":"box","text":"Government bonds","page_number":4,"box":{"x":519,"y":90,"width":124,"height":7}},{"id":"42c16291-8b39-4b73-9a9b-dbbd7a6548a6","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":"efcb3a80-55b3-4d4d-a236-fc9c5c81fc55","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":"079af178-09d4-4af7-a47b-3d00fde58f52","block_type":"box","text":"provide lower income in return.","page_number":4,"box":{"x":520,"y":131,"width":199,"height":8}},{"id":"afd74acf-ed12-49dd-9a7b-c8bd308d8dbc","block_type":"box","text":"Government","page_number":4,"box":{"x":519,"y":148,"width":81,"height":7}},{"id":"faf31868-d2e3-4134-ad70-1a6dd93da6d3","block_type":"box","text":"-","page_number":4,"box":{"x":601,"y":152,"width":4,"height":1}},{"id":"36e8bff9-d0bf-4b0f-9266-db933f2005ef","block_type":"box","text":"related bonds","page_number":4,"box":{"x":607,"y":148,"width":88,"height":7}},{"id":"e24a67ae-96b7-47ca-bb4d-ef743c64f664","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":"036aa885-01d5-4fa9-9b0e-ddf6cfdf423c","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":"060fce1e-2cdb-4c1e-abb7-f9068d1f94a3","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":"ce11b79a-e0b1-4b0d-84ca-5d872acea5f2","block_type":"box","text":"government bonds.","page_number":4,"box":{"x":519,"y":200,"width":124,"height":8}},{"id":"8e4e0251-8b69-4ef4-971e-c5c767273a5f","block_type":"box","text":"Inception date","page_number":4,"box":{"x":520,"y":217,"width":92,"height":9}},{"id":"5c0659f3-fcef-4b68-a5d7-1cf5da0724a6","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":"ac9606dc-4860-4603-9635-6f102fb25dbd","block_type":"box","text":"performance.","page_number":4,"box":{"x":520,"y":245,"width":87,"height":9}},{"id":"d85f60cb-55f6-4670-8a59-01642cbe4e74","block_type":"box","text":"Index","page_number":4,"box":{"x":520,"y":263,"width":34,"height":7}},{"id":"1d1bb66f-4b79-491a-a51e-0dcfe7a90679","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":"01f923fa-e21e-4eb8-8d53-44f097716d5b","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":"1df4fc87-774c-430d-a867-a62152714045","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":"4714e2e0-4241-4f28-8d47-eb5ed1964b85","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":"237e8e94-43f0-454b-a9c2-4dd50eb9952f","block_type":"box","text":"a fund.","page_number":4,"box":{"x":519,"y":326,"width":45,"height":7}},{"id":"1e62923d-f5ab-4e11-a790-f4f38dce1d73","block_type":"box","text":"Index fund","page_number":4,"box":{"x":520,"y":343,"width":66,"height":7}},{"id":"c5238a87-1d2f-4f28-8d2b-a2b759a49e4d","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":"348867b6-7b52-46a6-8bcb-b6c6c3ffc0a5","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":"253641a1-9394-438f-b419-81bc0307d904","block_type":"box","text":"Index","page_number":4,"box":{"x":520,"y":389,"width":34,"height":7}},{"id":"ae155525-0dcb-4ffa-8eb9-eb920607d6de","block_type":"box","text":"-","page_number":4,"box":{"x":555,"y":393,"width":4,"height":1}},{"id":"ae25a5ee-9773-4f38-9107-8ff89005e562","block_type":"box","text":"linked bonds","page_number":4,"box":{"x":560,"y":389,"width":80,"height":7}},{"id":"e3655267-e4d6-408a-990e-79bb934ebb22","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":"fc1bdb51-c61e-46c1-941a-8857953f1bf7","block_type":"box","text":"maturity are adjusted in line with inflation.","page_number":4,"box":{"x":520,"y":418,"width":276,"height":9}},{"id":"7837e839-0fdc-457d-b19a-940b9b1f50d9","block_type":"box","text":"Index provider","page_number":4,"box":{"x":520,"y":435,"width":91,"height":9}},{"id":"6ca89120-a8a3-4be8-afcc-903db158d21a","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":"b5a5d44a-c4b4-458c-aade-990e0ecc3a60","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":"e1757a11-2b4c-45f2-bfb5-dd278c4b8efd","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":"db68bc37-22c4-466a-b38a-6de9ca617b0b","block_type":"box","text":"will be added or removed over time.","page_number":4,"box":{"x":519,"y":487,"width":231,"height":7}},{"id":"ee09055c-e322-42dc-ab1b-7f0e99428116","block_type":"box","text":"Inflation","page_number":4,"box":{"x":520,"y":504,"width":53,"height":7}},{"id":"37365ab7-cd29-4c68-8f3c-72104c8820be","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":"57037c5d-9099-4a03-8885-f2b6097d734c","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":"4e6408fe-32fc-4c3b-8716-780aed1deabf","block_type":"box","text":"Investment risk","page_number":4,"box":{"x":520,"y":550,"width":100,"height":7}},{"id":"4d0ce83a-a33c-4126-a6df-06a721ec0d8d","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":"49da6dd0-4d70-4e88-a2a9-6d63f07fcbb3","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":"f3347b5e-9ded-4e0c-9e00-d100608bfffb","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":"1ce3d1f7-007f-43ca-a81e-c5e7da9b6950","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":"82add7fd-9e16-464f-a5c6-829324dcb876","block_type":"box","text":"meet its longer","page_number":4,"box":{"x":520,"y":613,"width":97,"height":9}},{"id":"bca4ba7f-b914-40f3-ac78-83926bd4fcc6","block_type":"box","text":"-","page_number":4,"box":{"x":618,"y":617,"width":4,"height":1}},{"id":"aea23d69-782d-44f5-ab44-e6403696616f","block_type":"box","text":"term objective). Different investors have","page_number":4,"box":{"x":623,"y":613,"width":263,"height":9}},{"id":"bc84cbfa-2441-4c12-9ac7-d5f672b41745","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":"e9436421-f9c4-429d-b3a9-046c5aaaa229","block_type":"box","text":"personal circumstances and their investment timeframe.","page_number":4,"box":{"x":520,"y":636,"width":368,"height":9}},{"id":"b2a9cd72-4591-4c87-bb2c-6125d7361c31","block_type":"box","text":"Maturity (bonds)","page_number":4,"box":{"x":520,"y":653,"width":110,"height":9}},{"id":"6c21949d-01af-4f7f-8209-4c7545bf5b6b","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":"43462d53-ea6e-46a9-b91e-7121d773a367","block_type":"box","text":"receives their original investment back.","page_number":4,"box":{"x":520,"y":682,"width":251,"height":9}},{"id":"8f29eeed-201f-472e-b6f4-e7ac160318f9","block_type":"box","text":"Monthly volatility","page_number":4,"box":{"x":520,"y":699,"width":114,"height":9}},{"id":"97b88e29-4c28-45f7-b20c-63c3b5e88a8e","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":"71885648-aaa6-446a-aefb-76f5e957916c","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":"0af9cdf5-4a97-4ab9-a4ac-8d324028006c","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":"bea32d20-27e9-4ef2-baef-11f6e17f49b7","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":"4363f559-d8f4-419b-9bb7-1a436146a8cf","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":"8ed62439-b6cd-4711-9f9e-a85eb5e90af4","block_type":"box","text":"5","page_number":5,"box":{"x":497,"y":957,"width":6,"height":6}},{"id":"581585e2-c8cf-44e4-985f-ba45a15e4e21","block_type":"box","text":"Glossary","page_number":5,"box":{"x":90,"y":59,"width":63,"height":9}},{"id":"86dac929-41a1-4c10-9402-2cd9ba441e74","block_type":"box","text":"| Vanguard LifeStrategy® Global 60% Equity Fund GBP Accumulation Shares","page_number":5,"box":{"x":169,"y":58,"width":571,"height":10}},{"id":"2a2b740a-ee71-4e96-b777-81392b73d85d","block_type":"box","text":"NURS (Non","page_number":5,"box":{"x":92,"y":90,"width":73,"height":9}},{"id":"1e606ab7-3f41-4f4c-9070-c821ff9ffc8b","block_type":"box","text":"-","page_number":5,"box":{"x":167,"y":94,"width":4,"height":1}},{"id":"008998f7-c81e-496d-90cf-97fdebe6d46e","block_type":"box","text":"UCITS retail schemes)","page_number":5,"box":{"x":172,"y":90,"width":143,"height":9}},{"id":"f11f010f-4f93-42cf-8cc4-0ea46c5baa85","block_type":"box","text":"Non","page_number":5,"box":{"x":93,"y":108,"width":24,"height":7}},{"id":"91108a11-a023-4176-bd0e-d855aedc9778","block_type":"box","text":"-","page_number":5,"box":{"x":119,"y":112,"width":4,"height":1}},{"id":"f3ad7331-a067-4457-a8a0-282c8591f1ef","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":"c387fbb4-1c8b-4809-922d-c27945cd011a","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":"3b890a62-7d99-4d80-8175-479ae67091ca","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":"f16abcfa-93a9-488f-8790-088d19085561","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":"2c187cb6-fab6-42eb-b055-a2de10bf6f40","block_type":"box","text":"heavily in certain areas, including other funds.","page_number":5,"box":{"x":92,"y":153,"width":296,"height":9}},{"id":"f5968591-ca50-4937-9610-005bd08eb2ca","block_type":"box","text":"OCF (ongoing charges figure","page_number":5,"box":{"x":92,"y":171,"width":186,"height":9}},{"id":"d01b84da-c87d-4635-93e8-16f524777a3a","block_type":"box","text":")","page_number":5,"box":{"x":279,"y":171,"width":4,"height":8}},{"id":"97fd2e5f-7239-42ad-8bac-f9c1005474a9","block_type":"box","text":"The ongoing charges figure (OCF) covers administration,","page_number":5,"box":{"x":91,"y":188,"width":371,"height":9}},{"id":"f293900d-7870-4567-9ab2-16c6c93b8c73","block_type":"box","text":"audit, depository, legal, registration and regulatory expenses","page_number":5,"box":{"x":92,"y":200,"width":395,"height":8}},{"id":"08ee3a77-ca44-45e5-aba4-6fe8bfd5d7be","block_type":"box","text":"incurred in respect of the Funds.","page_number":5,"box":{"x":92,"y":211,"width":209,"height":9}},{"id":"9d240f2e-5e40-4947-80c9-43ca2b055962","block_type":"box","text":"Portfolio","page_number":5,"box":{"x":92,"y":228,"width":57,"height":7}},{"id":"1376f2b8-e99b-4c37-b809-fa662a9bb0da","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":"b19ddcf5-4305-4d68-86ef-3436d5ccc76d","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":"d7e254f9-7197-4442-b7e3-ad383e567dba","block_type":"box","text":"-","page_number":5,"box":{"x":424,"y":263,"width":4,"height":1}},{"id":"d4a3f5da-5a6d-459b-b4b8-3e2c5839be90","block_type":"box","text":"term","page_number":5,"box":{"x":429,"y":260,"width":31,"height":6}},{"id":"6c701935-0ca8-4663-92d3-8b08c78928f8","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":"718adad3-66fb-4b19-889a-322827321f89","block_type":"box","text":"-","page_number":5,"box":{"x":360,"y":276,"width":4,"height":1}},{"id":"4efc4aa4-405f-4905-8461-65c81b1b09f5","block_type":"box","text":"built collection of","page_number":5,"box":{"x":366,"y":272,"width":110,"height":7}},{"id":"a81f098f-b146-4b6e-998c-74af0f6b2d7d","block_type":"box","text":"investments","page_number":5,"box":{"x":92,"y":285,"width":79,"height":7}},{"id":"cb11f0b4-ed25-43db-808d-cea2a921aaae","block_type":"box","text":"–","page_number":5,"box":{"x":175,"y":289,"width":7,"height":0}},{"id":"21bb1fc3-938a-4897-a216-e12e5bb59b02","block_type":"box","text":"a model portfolio manager or financial adviser","page_number":5,"box":{"x":187,"y":285,"width":301,"height":9}},{"id":"3ae4298d-d2ee-457f-a6c9-0aea7a63d3db","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":"3390d9b0-531a-455b-b532-356b2c63d832","block_type":"box","text":"portfolio.","page_number":5,"box":{"x":92,"y":310,"width":59,"height":9}},{"id":"56485cbe-8885-49a3-9929-888be53668be","block_type":"box","text":"Rebalancing","page_number":5,"box":{"x":92,"y":329,"width":78,"height":9}},{"id":"d58d0bb7-cf36-4c72-9b9d-0e0319c99230","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":"20ac8ccb-8fa3-4d15-b7be-e57722a4097a","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":"ca9c5585-6575-436d-ba34-4283eb7ace00","block_type":"box","text":"target asset mix over time.","page_number":5,"box":{"x":92,"y":369,"width":175,"height":9}},{"id":"4f19b4a3-b64d-4996-97e2-43739f6e1d79","block_type":"box","text":"Recession","page_number":5,"box":{"x":92,"y":386,"width":63,"height":7}},{"id":"c1e0de19-43df-4212-82f3-395583514c86","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":"d6bb4bbe-358a-40a2-be86-7c7ac2b0e2c3","block_type":"box","text":"(three","page_number":5,"box":{"x":92,"y":415,"width":39,"height":8}},{"id":"732bc1a7-ac7a-480e-a6dc-ae2ef5dac59d","block_type":"box","text":"-","page_number":5,"box":{"x":133,"y":419,"width":3,"height":1}},{"id":"3aeb14e1-4783-4014-96e9-2674073a2e04","block_type":"box","text":"month periods) of negative economic growth.","page_number":5,"box":{"x":139,"y":415,"width":294,"height":9}},{"id":"3e37efda-5966-4fe5-a54a-e6111513f072","block_type":"box","text":"Securitised bonds","page_number":5,"box":{"x":92,"y":432,"width":115,"height":7}},{"id":"ba11965c-d371-462c-84f3-acd176d9ab6d","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":"df6a0c55-5a51-469b-aed5-bf65b9cb6bb0","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":"69172932-3fca-4c5f-aad4-c634b3ee2ba6","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":"2f4b3461-ee44-49f4-991c-3c9ba423c2ab","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":"9949f0f8-5032-4c5d-a30e-eea7d1d213ba","block_type":"box","text":"SRRI (Synthetic Risk and Reward Indicator)","page_number":5,"box":{"x":92,"y":501,"width":282,"height":9}},{"id":"83db3b41-c2af-4378-a332-e5550890de46","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":"bab9bca6-bc1a-4c1d-a4b3-f62c77c5ef95","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":"75f3e931-6d26-4e2e-9626-c9b8ea44507a","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":"35845901-0a1e-4a17-829a-e7b1ab95e970","block_type":"box","text":"UK investment","page_number":5,"box":{"x":92,"y":559,"width":96,"height":7}},{"id":"3fb0ab32-bec1-41a1-960b-91df7a237895","block_type":"box","text":"-","page_number":5,"box":{"x":189,"y":563,"width":4,"height":1}},{"id":"9aeee508-d481-41f7-8ed7-8dad6641c817","block_type":"box","text":"grade bonds","page_number":5,"box":{"x":194,"y":559,"width":80,"height":9}},{"id":"a52f084c-086a-4ce0-818d-b1ef7d4be7cf","block_type":"box","text":"Investment","page_number":5,"box":{"x":93,"y":576,"width":72,"height":7}},{"id":"c543a179-a893-42c3-b0e6-37c6c429346a","block_type":"box","text":"-","page_number":5,"box":{"x":166,"y":580,"width":4,"height":1}},{"id":"44a8bd2c-99f5-4a81-bfb1-221c669e01ce","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":"dd1e9da1-64bb-43e6-a722-e3e1adde4f06","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":"3b0f61c9-50dc-4dbc-8c62-501e4923b98a","block_type":"box","text":"–","page_number":5,"box":{"x":485,"y":592,"width":7,"height":0}},{"id":"0b4e389f-d607-49b9-8fc6-bf212991f580","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":"219b5396-ba65-466f-a522-9145af479464","block_type":"box","text":"-","page_number":5,"box":{"x":444,"y":603,"width":4,"height":1}},{"id":"dc4fd9aa-b639-4058-bc2a-312783be39a5","block_type":"box","text":"grade","page_number":5,"box":{"x":449,"y":599,"width":37,"height":9}},{"id":"db1263b8-fc60-4ae0-9afa-5aa4e00833a4","block_type":"box","text":"bond is a high","page_number":5,"box":{"x":92,"y":610,"width":88,"height":9}},{"id":"2e0b6895-4865-41f0-bbab-d60e3a41d5c3","block_type":"box","text":"-","page_number":5,"box":{"x":182,"y":614,"width":4,"height":1}},{"id":"bb5d04e9-ec0d-4d59-b7f1-7ac3db3f5861","block_type":"box","text":"yield or ‘junk’ bond.","page_number":5,"box":{"x":187,"y":610,"width":123,"height":9}},{"id":"057babb9-3712-41a6-a0bb-32a6b28e743f","block_type":"box","text":"Valuations","page_number":5,"box":{"x":91,"y":628,"width":70,"height":7}},{"id":"4469a930-275a-439c-b43e-f138aa784f43","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":"67199529-a5ee-4bcd-b00e-c7f05ba3aafb","block_type":"box","text":"important measures such as their earnings.","page_number":5,"box":{"x":92,"y":656,"width":281,"height":9}},{"id":"41ffadff-d60e-43ca-b1d7-b4a14fbc3c48","block_type":"box","text":"Volatility","page_number":5,"box":{"x":91,"y":674,"width":61,"height":9}},{"id":"c05630c4-2abb-4ec0-bf35-3eb033669a99","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":"26f1efcb-c41a-42ab-a272-1335313f39e3","block_type":"box","text":"When investors are uncertain about the economic","page_number":5,"box":{"x":92,"y":703,"width":323,"height":6}},{"id":"89f2a3ad-4b3c-45ce-983f-e94d63f4a362","block_type":"box","text":"environment or geopolitical events, short","page_number":5,"box":{"x":92,"y":714,"width":265,"height":9}},{"id":"42ef6bdc-b4c5-4164-935e-0a54f9893446","block_type":"box","text":"-","page_number":5,"box":{"x":358,"y":718,"width":4,"height":1}},{"id":"ea3bf465-8e82-4368-bbf0-2e55536b7ff1","block_type":"box","text":"term volatility tends","page_number":5,"box":{"x":363,"y":714,"width":131,"height":9}},{"id":"645f56de-c366-4340-a7ba-d377eaafa80a","block_type":"box","text":"to increase.","page_number":5,"box":{"x":92,"y":726,"width":74,"height":6}},{"id":"badb6ab6-8c7f-4e28-b9db-a2402b5470f8","block_type":"box","text":"6","page_number":6,"box":{"x":497,"y":957,"width":7,"height":6}},{"id":"bc2bc572-35d5-4dba-9195-1035db8a9c13","block_type":"box","text":"C","page_number":6,"box":{"x":741,"y":875,"width":11,"height":8}},{"id":"bd35c92d-2ca1-4dae-83ac-5f3f5eea4b65","block_type":"box","text":"o","page_number":6,"box":{"x":752,"y":877,"width":9,"height":6}},{"id":"708a4ea3-5c99-47c7-b77e-9245251c2c2b","block_type":"box","text":"n","page_number":6,"box":{"x":762,"y":877,"width":8,"height":6}},{"id":"908c3d4b-ac62-4495-a0b4-142b9b2e75f6","block_type":"box","text":"n","page_number":6,"box":{"x":771,"y":877,"width":8,"height":6}},{"id":"ace314c7-4bca-454e-86dc-9d568f6817d2","block_type":"box","text":"e","page_number":6,"box":{"x":780,"y":877,"width":8,"height":6}},{"id":"72da3fd0-80eb-4776-89a7-f6f6aeeb6162","block_type":"box","text":"c","page_number":6,"box":{"x":788,"y":877,"width":8,"height":6}},{"id":"b55d6e88-dca2-4a1a-847a-a6ffb2f28dfd","block_type":"box","text":"t","page_number":6,"box":{"x":796,"y":875,"width":7,"height":8}},{"id":"592c303b-7cbc-453d-8f63-fdab11951c06","block_type":"box","text":"w","page_number":6,"box":{"x":804,"y":877,"width":13,"height":6}},{"id":"fce72c14-ddf4-4c38-b747-44ce0b727cd8","block_type":"box","text":"i","page_number":6,"box":{"x":818,"y":874,"width":2,"height":9}},{"id":"4f6205cb-eeb0-4c64-a07e-ccc1efa7661d","block_type":"box","text":"th","page_number":6,"box":{"x":821,"y":875,"width":6,"height":8}},{"id":"18700910-c0b5-41af-85d1-ff9632d27cc4","block_type":"box","text":"th","page_number":6,"box":{"x":827,"y":874,"width":8,"height":9}},{"id":"712d7bdf-3cc4-4b16-82f8-7eb422a99def","block_type":"box","text":"Va","page_number":6,"box":{"x":838,"y":875,"width":11,"height":8}},{"id":"7c999768-dcc0-4c4a-a13e-b5a11685d616","block_type":"box","text":"Va","page_number":6,"box":{"x":849,"y":877,"width":8,"height":6}},{"id":"b33a14e5-32c1-4acb-8aa8-c3e02b5c291b","block_type":"box","text":"n","page_number":6,"box":{"x":858,"y":877,"width":8,"height":6}},{"id":"ae1167e9-a2b2-4189-a835-244a5eca043a","block_type":"box","text":"gu","page_number":6,"box":{"x":867,"y":877,"width":18,"height":8}},{"id":"940b0330-f2a0-4e8a-9236-508e258a412a","block_type":"box","text":"a","page_number":6,"box":{"x":886,"y":877,"width":8,"height":6}},{"id":"8ce29b53-d497-48b6-a42e-3e829a47ac82","block_type":"box","text":"rd","page_number":6,"box":{"x":895,"y":877,"width":6,"height":6}},{"id":"0c203df4-17b4-402b-a2ae-f22c25b4181b","block_type":"box","text":"rd","page_number":6,"box":{"x":900,"y":874,"width":8,"height":9}},{"id":"c045479e-6e53-4192-b6fe-7ab6e4bb1f84","block_type":"box","text":"©","page_number":6,"box":{"x":910,"y":876,"width":6,"height":4}},{"id":"d8669327-8413-4eac-93a7-9fc2605009ef","block_type":"box","text":"global.vanguard.com","page_number":6,"box":{"x":775,"y":892,"width":141,"height":10}},{"id":"54f675f1-89ca-4293-861d-d759a2c40ebb","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":"7cf5246e-d21d-4760-8aae-c5cc8b1fe753","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":"09da061c-1a15-47ce-8d5d-a229ba0c15a4","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":"9190f186-4cc4-41b5-841f-4b3850e1d260","block_type":"box","text":"authorised","page_number":6,"box":{"x":419,"y":892,"width":60,"height":7}},{"id":"f4f24831-87bd-4015-a408-7402486fcf6e","block_type":"box","text":"and regulated in the UK by","page_number":6,"box":{"x":484,"y":892,"width":152,"height":8}},{"id":"cc3486dd-ffb1-476d-836b-d45a53b1b617","block_type":"box","text":"the Financial Conduct Authority.","page_number":6,"box":{"x":90,"y":903,"width":185,"height":9}},{"id":"ce9d67f3-5249-4b5b-8928-07daea10c176","block_type":"box","text":"© 202","page_number":6,"box":{"x":91,"y":919,"width":36,"height":8}},{"id":"c3388ce1-a9c6-4ac5-b915-2106227eaf9a","block_type":"box","text":"6","page_number":6,"box":{"x":128,"y":919,"width":6,"height":7}},{"id":"150b7faa-642e-4e3b-9306-d9d7fcb0a220","block_type":"box","text":"Vanguard Asset Management Limited. All rights reserved.","page_number":6,"box":{"x":137,"y":919,"width":331,"height":9}},{"id":"feeda266-8388-4f58-b2cf-49c2beb18c99","block_type":"box","text":"Reference number: 5206953","page_number":6,"box":{"x":91,"y":935,"width":160,"height":7}},{"id":"a5a75e29-af7d-43a0-902d-3df0dafef4c6","block_type":"box","text":"Investment","page_number":6,"box":{"x":91,"y":241,"width":96,"height":9}},{"id":"9592fd4e-b557-427b-aa49-a2e4d3ae62bd","block_type":"box","text":"risk","page_number":6,"box":{"x":192,"y":241,"width":29,"height":9}},{"id":"95845d81-09b1-4653-8827-2e1c686041fa","block_type":"box","text":"information","page_number":6,"box":{"x":226,"y":241,"width":99,"height":9}},{"id":"d99010b9-7401-43d8-96ae-e3a81e092470","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":270,"width":737,"height":8}},{"id":"0e4da26f-7b89-41eb-95ab-bc22f85e5107","block_type":"box","text":"y.","page_number":6,"box":{"x":829,"y":272,"width":9,"height":6}},{"id":"5a66f755-5f5e-4e8e-806f-af9d708cc548","block_type":"box","text":"The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.","page_number":6,"box":{"x":90,"y":286,"width":690,"height":9}},{"id":"8a21dfa3-c9a5-4f43-8f63-46943407364f","block_type":"box","text":"Past performance is not a reliable indicator of future results.","page_number":6,"box":{"x":91,"y":302,"width":345,"height":9}},{"id":"20df8613-ebb3-4101-acf4-13452b46843a","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":318,"width":594,"height":9}},{"id":"e6c9be57-12ae-4d68-9313-10588da6e0b0","block_type":"box","text":"result","page_number":6,"box":{"x":689,"y":318,"width":32,"height":7}},{"id":"6af69be3-9efb-4799-8c42-0fd6163ba4bc","block_type":"box","text":"the value of your investment may","page_number":6,"box":{"x":724,"y":318,"width":191,"height":9}},{"id":"60d7c072-6ec7-422d-b263-e26bac1d1ee3","block_type":"box","text":"rise or fall.","page_number":6,"box":{"x":91,"y":330,"width":58,"height":7}},{"id":"f9db8244-6ae0-4e47-973f-ebc8264aee57","block_type":"box","text":"Investments in smaller companies may be more volatile than investments in well","page_number":6,"box":{"x":91,"y":346,"width":458,"height":8}},{"id":"f2ea04f0-f0b3-4e36-bf5d-37e364923627","block_type":"box","text":"-","page_number":6,"box":{"x":550,"y":350,"width":4,"height":0}},{"id":"90ad86e1-882c-4b35-8fe2-48a8c36d6227","block_type":"box","text":"established","page_number":6,"box":{"x":555,"y":346,"width":64,"height":7}},{"id":"5ba70768-0baf-4082-a25f-0097e3435c7f","block_type":"box","text":"blue chip","page_number":6,"box":{"x":624,"y":346,"width":49,"height":8}},{"id":"41acaa31-7512-415b-85fb-30a3c45f8a5e","block_type":"box","text":"companies.","page_number":6,"box":{"x":677,"y":346,"width":63,"height":8}},{"id":"4c896265-712a-4c58-92b8-402a2ae27e35","block_type":"box","text":"The Vanguard LifeStrategy®","page_number":6,"box":{"x":90,"y":362,"width":162,"height":9}},{"id":"9c840051-fcd3-4a71-be76-2f12113e559c","block_type":"box","text":"Global","page_number":6,"box":{"x":257,"y":362,"width":35,"height":7}},{"id":"76c1adaf-de2e-4b09-ba99-2987af68b5bd","block_type":"box","text":"Funds may invest in Exchange Traded Fund (ETF) shares.","page_number":6,"box":{"x":297,"y":362,"width":325,"height":9}},{"id":"c50f72c0-161c-4440-b974-a3967690a5f9","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":378,"width":654,"height":9}},{"id":"63e9e97b-cdc4-46ed-ba94-e0c86a5dce8c","block_type":"box","text":"-","page_number":6,"box":{"x":747,"y":382,"width":3,"height":1}},{"id":"e150ea5d-054e-4368-aebb-31ee2346e2fc","block_type":"box","text":"offer spread","page_number":6,"box":{"x":755,"y":378,"width":69,"height":9}},{"id":"0ec77a95-e4c4-4b50-8a16-011bdd2e80a4","block_type":"box","text":"which should be","page_number":6,"box":{"x":829,"y":378,"width":90,"height":7}},{"id":"d74a2169-9fa5-4e8e-a6ce-1a2bb20cdca2","block_type":"box","text":"considered fully before investing.","page_number":6,"box":{"x":90,"y":389,"width":187,"height":9}},{"id":"b5142899-b532-4057-a74b-d3406a5e8b9e","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":405,"width":685,"height":9}},{"id":"c9dd031c-709a-471f-ad23-2119078eed2d","block_type":"box","text":"inv","page_number":6,"box":{"x":780,"y":406,"width":16,"height":6}},{"id":"992703c5-8f27-42e8-9923-816dc8067b66","block_type":"box","text":"estment and the level","page_number":6,"box":{"x":796,"y":406,"width":123,"height":6}},{"id":"8d5b5467-c208-4bb3-8153-d771b49218fc","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":417,"width":692,"height":9}},{"id":"fc1e44b8-b478-4210-b1ca-e161c18a97b2","block_type":"box","text":"por","page_number":6,"box":{"x":784,"y":419,"width":18,"height":7}},{"id":"6b014d4f-8904-440d-a5bf-f4dd2ccdfe3e","block_type":"box","text":"ate bonds may","page_number":6,"box":{"x":802,"y":417,"width":85,"height":9}},{"id":"76074eff-702e-456c-ac3c-7d7595fd880e","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":428,"width":699,"height":9}},{"id":"1cd4cac0-ac15-4beb-803f-de94cd374ec3","block_type":"box","text":"e c","page_number":6,"box":{"x":791,"y":431,"width":15,"height":4}},{"id":"4e3d71fb-7665-44b3-b911-31ddd3cb7605","block_type":"box","text":"apital value of your","page_number":6,"box":{"x":807,"y":428,"width":112,"height":9}},{"id":"fa55feb8-a71f-46e0-b67c-ca9c3167f64a","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":440,"width":711,"height":8}},{"id":"236c8fb9-d50f-4f83-a587-fc7634e8c064","block_type":"box","text":".","page_number":6,"box":{"x":803,"y":446,"width":2,"height":1}},{"id":"bf0c5053-1c20-474e-8004-60b1bdc7d90f","block_type":"box","text":"The Funds may use derivatives","page_number":6,"box":{"x":90,"y":456,"width":174,"height":9}},{"id":"2823d4f1-9875-4841-acd3-f22c8a5a4ff8","block_type":"box","text":"in order to","page_number":6,"box":{"x":268,"y":456,"width":58,"height":7}},{"id":"beb5f3e5-b038-4d1f-bbeb-6707d6621822","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":456,"width":568,"height":9}},{"id":"34c300d0-bf49-4b82-9ec4-56e38585a124","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":467,"width":691,"height":9}},{"id":"a5943a0f-58ab-459f-a848-f9c21091adf0","block_type":"box","text":"nci","page_number":6,"box":{"x":784,"y":468,"width":14,"height":6}},{"id":"2093b1e9-a736-44fa-8fd0-4ce010cd2945","block_type":"box","text":"al contract whose","page_number":6,"box":{"x":800,"y":467,"width":102,"height":7}},{"id":"66a45f7c-9bc4-493c-b7b1-c9accbcdd64b","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":479,"width":574,"height":9}},{"id":"3be83c10-9624-44cf-8dc1-313d27c2583e","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":495,"width":599,"height":9}},{"id":"23ecda8f-6f2c-4797-8a47-85efa108e093","block_type":"box","text":"https://global.vanguard.com","page_number":6,"box":{"x":695,"y":494,"width":164,"height":10}},{"id":"151d5d4d-33de-40b9-9681-43f3f2906d19","block_type":"box","text":".","page_number":6,"box":{"x":861,"y":501,"width":1,"height":1}},{"id":"80a4f7cd-c51e-4722-9db0-5b39c3aeef2b","block_type":"box","text":"Important","page_number":6,"box":{"x":91,"y":522,"width":86,"height":11}},{"id":"a1ab2bc5-910b-4c57-981c-d421616afa98","block_type":"box","text":"information","page_number":6,"box":{"x":181,"y":521,"width":99,"height":9}},{"id":"6ed81fbf-0cd9-4682-969d-61f49bb9c7df","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":545,"width":793,"height":9}},{"id":"832a3fea-2b27-4c96-b9b3-3b2d8c23279d","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":556,"width":792,"height":9}},{"id":"d2620924-3a5a-45f4-90fb-93ac429abfc4","block_type":"box","text":"appropriateness for you of the products described, please contact your financial adviser.","page_number":6,"box":{"x":90,"y":568,"width":569,"height":9}},{"id":"5cb85e90-e912-4c9e-b64a-db2d9f093599","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":591,"width":594,"height":8}},{"id":"7e81d035-853a-4205-bb4b-62b46e9ca1a5","block_type":"box","text":"NURS","page_number":6,"box":{"x":690,"y":591,"width":32,"height":7}},{"id":"e7187d75-bc82-4b5e-919c-b84fe9dce0d6","block_type":"box","text":"and to the KII before making","page_number":6,"box":{"x":726,"y":591,"width":162,"height":8}},{"id":"b39eb7af-b0ee-4198-98ba-5bbbcc55eae8","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":602,"width":642,"height":9}},{"id":"a0eed538-0d32-47cd-b783-2cbbf039c2d7","block_type":"box","text":"https://global.vanguard.com","page_number":6,"box":{"x":91,"y":613,"width":164,"height":9}},{"id":"4c2b64ed-2e0b-4c5c-82e8-dae1bf10afa5","block_type":"box","text":".","page_number":6,"box":{"x":257,"y":619,"width":1,"height":1}},{"id":"853bebb6-b787-4601-9b00-a9d08eed1dc0","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":628,"width":439,"height":9}},{"id":"0172df7f-f9a5-4eae-90ee-58b54625d4c3","block_type":"box","text":".","page_number":6,"box":{"x":530,"y":634,"width":2,"height":1}},{"id":"b87abc43-9550-4033-84f6-dd39c8eaa065","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":644,"width":683,"height":9}},{"id":"7e888193-41eb-43ef-8743-ddd893e45104","block_type":"box","text":"sel","page_number":6,"box":{"x":777,"y":645,"width":14,"height":7}},{"id":"c2cecc0b-1362-4ff1-a0f9-d0dd901c77da","block_type":"box","text":"l securities in any","page_number":6,"box":{"x":793,"y":645,"width":96,"height":8}},{"id":"234b5719-b47a-41c1-af56-9666dda71398","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":656,"width":697,"height":9}},{"id":"793e2adf-ce04-42cf-b3bb-2eac3f18261c","block_type":"box","text":"r o","page_number":6,"box":{"x":788,"y":658,"width":13,"height":5}},{"id":"168e0950-b337-4a1b-a1b0-6bbe795f4e98","block_type":"box","text":"r solicitation, or if the","page_number":6,"box":{"x":803,"y":656,"width":121,"height":8}},{"id":"14f7d072-a436-4bf5-91e4-dac626991109","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":667,"width":692,"height":9}},{"id":"65cbf439-cf2d-4f7c-8f55-b5768de9e9ef","block_type":"box","text":"te","page_number":6,"box":{"x":784,"y":668,"width":12,"height":6}},{"id":"799d0e90-852a-4ee4-92a0-274228576989","block_type":"box","text":"legal, tax, or","page_number":6,"box":{"x":800,"y":667,"width":69,"height":9}},{"id":"e2994f89-673e-4e81-957a-bb23f7005b1c","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":679,"width":705,"height":9}},{"id":"7666cf12-d122-4b73-9d80-d9b615b4d58d","block_type":"box","text":"stm","page_number":6,"box":{"x":797,"y":680,"width":21,"height":6}},{"id":"856cbe8b-2e67-4a0e-a6d4-6fdc857f5ead","block_type":"box","text":"ent in, holding or","page_number":6,"box":{"x":820,"y":679,"width":94,"height":9}},{"id":"acf9d140-3341-46a0-9d7b-66f90f152087","block_type":"box","text":"disposing of \"units/shares\", and the receipt of distribution from any investment","page_number":6,"box":{"x":90,"y":690,"width":457,"height":9}},{"id":"f9179f58-e493-44c8-b839-f6e31c0ba932","block_type":"box","text":".","page_number":6,"box":{"x":548,"y":696,"width":1,"height":1}},{"id":"55a59428-e3af-4027-a9f6-e30c9b19cf47","block_type":"box","text":"The","page_number":6,"box":{"x":90,"y":706,"width":20,"height":7}},{"id":"f4cd771d-6552-480c-9951-dba30cbab2d5","block_type":"box","text":"Authorised","page_number":6,"box":{"x":114,"y":706,"width":62,"height":7}},{"id":"6a145177-2ae6-4913-991a-9c8a71bd09ad","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":706,"width":649,"height":9}},{"id":"17ffe199-e0be-4af4-85ac-f17cd2c7f0f1","block_type":"box","text":"Management, Limited is a distributor of Vanguard LifeStrategy Funds ICVC.","page_number":6,"box":{"x":91,"y":718,"width":439,"height":8}},{"id":"7673b56c-2fa1-4b3c-a257-dd2d0d2d67bf","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":734,"width":485,"height":9}},{"id":"ab49fb01-43fd-4c38-ad0d-c67a82187ba5","block_type":"box","text":"https://www.vanguard.co.uk/content/dam/intl/europe/documents/en/Vanguard","page_number":6,"box":{"x":91,"y":745,"width":471,"height":9}},{"id":"1131e135-ba70-4d78-93fa-5337736e2069","block_type":"box","text":"-","page_number":6,"box":{"x":564,"y":749,"width":3,"height":1}},{"id":"2fc9a907-012b-4ee6-9856-bbea2fe981d3","block_type":"box","text":"InvestorsRightsSummaryUKFUNDSJan22.pdf","page_number":6,"box":{"x":570,"y":745,"width":261,"height":9}},{"id":"bacf2f36-81ce-4b45-a807-6d836815ad9c","block_type":"box","text":"and is","page_number":6,"box":{"x":836,"y":745,"width":33,"height":7}},{"id":"65eac2ed-f52a-4021-b465-7ac6b08dc0bb","block_type":"box","text":"available in English.","page_number":6,"box":{"x":90,"y":757,"width":110,"height":8}},{"id":"b397c238-4497-4955-b896-1371429748c5","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":773,"width":753,"height":9}},{"id":"a6dc7f26-6968-4dd3-8e7f-4c5b405daf28","block_type":"box","text":"t L","page_number":6,"box":{"x":845,"y":773,"width":15,"height":7}},{"id":"21133085-9d8b-43ec-b050-042d6f7d80dd","block_type":"box","text":"imited","page_number":6,"box":{"x":861,"y":773,"width":35,"height":7}},{"id":"eed7cfbe-0a06-4663-878e-a39310cd7472","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":784,"width":722,"height":9}},{"id":"485c71c4-9ddf-48f0-8409-e79002c44d2a","block_type":"box","text":"TMX","page_number":6,"box":{"x":817,"y":784,"width":26,"height":7}},{"id":"851d57aa-174f-4de1-9448-373fdbf988f4","block_type":"box","text":"®” and","page_number":6,"box":{"x":844,"y":784,"width":34,"height":7}},{"id":"8a0e6e8c-1b24-45e7-9220-6ec55ee8a62a","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":796,"width":734,"height":7}},{"id":"af8e50c7-2ab1-42b9-aa58-c820da1d4469","block_type":"box","text":"ck","page_number":6,"box":{"x":826,"y":796,"width":12,"height":7}},{"id":"9a8b642e-75dc-4563-8e47-3ac1aa206d62","block_type":"box","text":"Exchange","page_number":6,"box":{"x":842,"y":796,"width":54,"height":8}},{"id":"4fac878d-50f5-4526-a84a-37577eee8b17","block_type":"box","text":"Group companies and are used by FTSE, MTS, FTSE TMX and Russell under","page_number":6,"box":{"x":90,"y":807,"width":427,"height":9}},{"id":"2c31025f-a994-4d82-81ca-956cbb8b7edc","block_type":"box","text":"licence","page_number":6,"box":{"x":521,"y":807,"width":37,"height":7}},{"id":"b0045857-ac1b-4e8e-95a1-b4de0fdffae8","block_type":"box","text":". All information is provided for information purposes only.","page_number":6,"box":{"x":559,"y":807,"width":332,"height":9}},{"id":"bd410bfb-7766-4d97-b654-8d022e80c0a5","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":818,"width":705,"height":9}},{"id":"594e9ff7-ad84-44ae-a7eb-f7c049460708","block_type":"box","text":"or","page_number":6,"box":{"x":800,"y":821,"width":11,"height":4}},{"id":"f0465ac0-37d3-4eb4-bbca-4dedf395215c","block_type":"box","text":"for any loss","page_number":6,"box":{"x":814,"y":818,"width":65,"height":9}},{"id":"8982f142-f3e0-4ee1-bfae-ddd1ccda5a0c","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":830,"width":606,"height":9}},{"id":"122993fc-ac8d-4ec6-8d37-c46bc4eb808e","block_type":"box","text":"make any claim, prediction,","page_number":6,"box":{"x":700,"y":830,"width":154,"height":9}},{"id":"0a59e30f-ad78-4a4d-95e6-439409ca35b3","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":841,"width":704,"height":9}},{"id":"2adc6b7f-bb40-4ee0-bc21-e2ac5c4bb42a","block_type":"box","text":"TSE","page_number":6,"box":{"x":794,"y":841,"width":22,"height":7}},{"id":"0fd217b3-f021-4f55-b386-ab16d1d8ab94","block_type":"box","text":"or Russell","page_number":6,"box":{"x":821,"y":841,"width":53,"height":7}},{"id":"70568c63-7875-408e-b37e-b603e4721612","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":853,"width":594,"height":8}}],"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":"f17e6f17-03cc-4a42-bbf1-96e188873381"},"user_id":1000002,"date_created":"2026-10-23T23:53:05.573000Z","date_modified":"2026-10-23T23:53:05.573000Z","private":false}