Vanguard LifeStrategy 60% Equity Fund A Inc

Vanguard LifeStrategy 60% Equity Fund holds roughly 60% equities and 40% bonds and similar fixed‑income investments, and it does this mainly by putting more than 90% of its assets into passive index‑tracking funds managed by the ACD or its associates. Those underlying funds provide broad exposure to shares (UK and non‑UK companies, including emerging markets), to sterling and non‑sterling bonds (including gilts, index‑linked gilts and UK investment‑grade bonds), and to short‑term money‑market instruments (short loans to banks or governments that pay interest and return the principal). The UK typically represents one of the largest single‑country exposures at about 35%.