Vanguard FTSE Developed World Common Contractual Fund Institutional GBP Accumulation Units

The fund aims to track the performance of the FTSE Developed Index, which consists of large and mid cap sized company stocks in global developed markets. It employs a passive management approach, seeking to replicate the Index by investing in all or substantially all of the component securities.

The fund is exposed to global developed markets through its investment in large and mid cap company stocks. It aims to hold each component security in approximately the same proportion as the weighting of the Index. The fund may use derivatives to reduce risk or cost and/or generate extra income or growth.

Investors should be aware that the fund may not be suitable for short-term investment due to its passive management approach and tracking of the Index. Portfolio transaction costs may impact performance, and there is a possibility of temporary departures from the investment policy in extraordinary market, political, or similar conditions to avoid losses.

https://www.vanguard.co.uk/professional/product/fund/equity/9392/ftse-developed-world-ccf-institutional-b-gbp-distributing-units---uk-charity