Vanguard FTSE U.K. Equity Income Index Fund GBP Inc

The Fund seeks to track the performance of the FTSE U.K. Equity Income Index, which consists of common shares of companies listed on the London Stock Exchange's main market that are expected to pay dividends higher than average. The Fund is a passive fund that aims to replicate the performance of the Index.

The Fund invests in all constituent shares of the Index in the same proportion as the Index, with a focus on U.K. equity income. It may use derivatives for efficient portfolio management to reduce risk or cost and generate extra income or growth. The Fund remains fully invested and holds small amounts of cash, except in extraordinary market conditions.

Investors should be aware that the Fund may not be suitable for short-term investment due to potential fluctuations in performance. Income from the Fund will be paid out, and portfolio transaction costs may impact overall performance. Additionally, the Fund's use of derivatives and departure from its investment policy in certain conditions may pose risks to investors.

https://www.vanguard.co.uk/professional/product/fund/equity/9289/ftse-uk-equity-income-index-fund-institutional-plus-gbp-inc