Vanguard cuts fees on LifeStrategy fund range

OCF reduced from 0.24% to 0.22%

Tom Eckett
clock • 1 min read

Vanguard has cut the ongoing charges figure (OCF) on its suite of LifeStrategy funds as the vehicles continue to gather assets.

The OCF on the five funds in the Vanguard LifeStrategy range have been reduced from 0.24% to 0.22% per annum, as of today.  This is the third time Vanguard has reduced the OCF on the LifeStrategy fund range since its launch in 2011. The suite of funds, which has grown to £5bn in assets under management, offers investors broad exposure to a mix of global fixed income and equity investments. The funds are required to meet a variety of risk-return requirements, and having various allocations to equities, ranging from 20% to 100% in equities.   Robyn Laidlaw, head of UK distribution...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

Tom Eckett
Author spotlight

Tom Eckett

View profile
More from Tom Eckett

Latest market updates: Global equity markets begin week in decline

Latest market news: Equity markets open lower as oil slides

More on ETFs

Partner Insight: Vanguard European ETF flows summary - August inflows fall
ETFs

Partner Insight: Vanguard European ETF flows summary - August inflows fall

Read Vanguard's latest monthly summary of flows in the European ETF market.

Vanguard
clock 02 October 2023 • 10 min read
Partner Insight: Vanguard - in times of volatility, low-cost index investing still shines
ETFs

Partner Insight: Vanguard - in times of volatility, low-cost index investing still shines

Our latest research shows that, for most investors, their best chance of maximising returns over the long term lies in minimising costs by investing in low-cost index funds and ETFs that track their market benchmarks

Stephen Lawrence - Head of Indexing Research, Vanguard Investment Strategy Group
clock 01 August 2023 • 6 min read
Industry Voice: The growth potential of climate change — is it worth the investment?
ETFs

Industry Voice: The growth potential of climate change — is it worth the investment?

Geopolitics has pushed the issue of energy security up the agenda over the past year, compounding an ever-growing consensus for the need to transition away from fossil fuels and towards renewables. Watch the video podcast to learn more.

Sarka Halas
Sarka Halas
clock 19 June 2023 • 2 min read