Vanguard FTSE U.K. All Share Index Unit Trust Institutional Plus GBP Acc

Vanguard FTSE UK All Share Index UT is a passive fund that aims to mirror the FTSE All-Share Index by holding the stocks of companies listed on the London Stock Exchange’s main market that meet the Index’s size and liquidity screens; companies are weighted by free‑float market capitalisation so larger publicly traded firms carry bigger weights. The fund normally invests in the index’s component shares in the same proportions (using sampling only when full replication isn’t practical), stays nearly fully invested with only minimal cash except in extreme conditions, and may use derivatives to reduce cost or risk or to enhance returns.