Vanguard LifeStrategy 40% Equity Fund A Inc

Vanguard LifeStrategy 40% Equity Fund is a diversified fund that holds about 40% in shares and 60% in bonds and similar fixed-income investments by investing largely (over 90%) in index-tracking funds run by Vanguard and its affiliates. The equity sleeve includes UK and non‑UK stocks (including emerging markets), while the fixed-income sleeve includes UK government bonds (gilts), index-linked gilts, UK investment‑grade bonds and a range of non‑UK bonds, plus short-term money‑market instruments; roughly 35% of the bond portion is invested in UK bonds.