At a glance Strategy

Vanguard®
LifeStrategy®
Balanced Fund
Vanguard fund profile
At a glance
Strategy
As at 30 September 2014
The portfolio targets a 50 percent allocation to income oriented assets and
50 percent allocation to growth oriented assets. Actual allocations are
permitted to deviate within a narrow tolerance range. The fund achieves its
investment objective by investing in the underlying Vanguard Wholesale
funds.
APIR code
Management costs
First $50,000
Next $50,000
Balance over $100,000
Buy spread
Sell spread
Commencement
Minimum investment
Income distribution
VAN0124AU
0.90% p.a.
0.60% p.a.
0.35% p.a.
+0.16%
–0.13%
14 February 2003
$5,000
Half yearly
Objective
The fund seeks to track the weighted average return of the various indices of
the underlying Vanguard Wholesale Funds in which the fund invests, in
proportion to the strategic asset allocation for the fund, before taking into
account fees, expenses and tax.
The underlying funds that make up the Vanguard ® LifeStrategy ® Balanced
Fund include:
■
■
■
■
■
■
■
■
■
Vanguard ® Australian Fixed Interest Index Fund
Vanguard ® International Fixed Interest Index Fund (Hedged)
Vanguard ® International Credit Securities Index Fund (Hedged)
Vanguard ® Australian Property Securities Index Fund
Vanguard ® International Property Securities Index Fund (Hedged)
Vanguard ® Australian Shares Index Fund
Vanguard ® International Shares Index Fund
Vanguard ® International Small Companies Index Fund
Vanguard ® Emerging Markets Shares Index Fund
Features, benefits and risks
Diversification
Diversified portfolio holding a mix of growth and
income assets.
Income and
capital growth
potential
Moderate income and the potential for long-term
capital growth.
Potential for
effective aftertax returns
Our buy and hold strategy takes advantage of
capital gains discounts and the deferral of capital
gains liabilities, which may result in effective aftertax returns.
Low management costs with no entry, exit or
switching fees other than usual buy/sell spreads.
Switch funds and make withdrawals with no
associated costs for the switch other than usual
buy/sell spreads.
Medium - relatively stable returns, with the
potential for higher returns than low risk
investments, however there is the potential for
below-average returns and/or some loss of
capital. Please see Product Disclosure Statement
for further details.
Low cost
investing
Flexibility
Risks
Connect with Vanguard™ > vanguard.com.au
®
®
Vanguard LifeStrategy Balanced Fund
Dated 30 September 2014
Asset allocation (%)
Overview
Fund
Fund size (AUD)
Inception date
Management costs
Buy/sell spread
Benchmark
$46.9 Million
14 February 2003
0.90% pa - for that portion up to $50,000
0.60% pa - for that portion from $50,001 to $100,000
0.35% pa - for that portion over $100,000
+0.16% / -0.13%
Weighted average return of target indices
Performance return1,2,5 (%)
1 month
3 months
6 months
1 year
3 years (pa)
5 years (pa)
10 years (pa)
Inception (pa)
Fund
Gross
Bmk
-0.86
1.80
4.64
9.89
12.13
8.20
7.32
7.98
-0.86
1.76
4.58
9.82
12.03
8.02
7.02
7.69
Fund
Total
Dist
Growth
-0.94
1.56
4.17
8.91
11.13
7.23
6.36
7.01
0.00
0.00
1.29
2.76
3.05
3.97
4.56
4.54
-0.94
1.56
2.88
6.15
8.08
3.26
1.80
2.47
Fund
Actual
Target
Alloc.
Range
Growth assets
Australian shares
Intl. shares
Australian property securities
Intl. property securities (hedged)
Intl. small companies
Emerging markets shares
Total growth
22.0
18.1
3.0
3.0
0.0
2.4
48.5
22.0
17.0
3.0
3.0
2.5
2.5
50.0
20-24
15-19
1-5
1-5
0.5-4.5
0.5-4.5
48-52
20.7
19.6
11.1
51.4
99.9
20.0
19.0
11.0
50.0
100.0
18-22
17-21
9-13
48-52
Income assets
Australian fixed interest
Intl. government bonds (hedged)
Intl. credit securities (hedged)
Total income
Total
Year to year gross return1,2,5 (%)
Dec - Dec
YTD
2014
2013
2012
2011
June - June
Fund
Bmk
Fund
Bmk
6.11
n/a
14.83
13.13
0.58
6.01
n/a
14.76
12.99
0.31
1.80
12.54
14.49
3.41
8.31
1.76
12.45
14.35
3.26
8.07
Unit prices3
Net asset value
$1.3280
Purchase
Withdrawal
$1.3302
$1.3262
Amount (CPU)
Reinvestment price
1.6328
$1.3078
Income distribution4
Half year ended
30 June 2014
Notes
1. Past performance is not an indication of future performance
2. Returns assume reinvestment of all distributions. Returns for periods longer than 1 year are annualised.
Fund gross returns are before management costs and taxes, but after transaction and operational costs.
Fund total return is the fund gross return less management costs. Index returns do not allow for taxes,
management, transaction and operational costs.
3. Month end cumulative-distribution
4. Past distributions are not an indication of future distributions
5. On 2 December 2013 the fund began investing in accordance with a new Strategic Asset Allocation.
Connect with VanguardTM > vanguard.com.au > 1300 655 101
Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263) is the product issuer. We have not taken your circumstances into account when preparing the above information so it may
not be applicable to your circumstances. You should consider your circumstances and our Product Disclosure Statement (PDS) before making any investment decision. You can access our PDS on our
website or by calling us. This information was prepared in good faith and we accept no liability for any errors or omissions. Past performance is not an indication of future performance. © 2014 Vanguard
Investments Australia Ltd. All rights reserved.