The Fund aims to grow in value while gradually transitioning to a more conservative investment approach as 2065 approaches, designed for investors planning to retire around that time. It starts with a focus on higher-risk assets like shares and shifts to lower-risk investments such as bonds as retirement nears.

Over 90% of the Fund is invested in passive index-tracking funds managed by the ACD or its associates, with potential direct investments in shares and bonds. The Fund is actively managed through periodic rebalancing to adjust its asset allocation over time. It generally remains fully invested, holding minimal cash unless extraordinary circumstances require a temporary deviation from its strategy.

Provider: Vanguard Investments UK, Limited

Fund Name: Target Retirement 2065 Fund - GBP Acc

Assets: Equities (80%), Bonds (20%)

Key Investor Information Document: Document

Risk: 5/7 according to the industry standard

Below, you can see the past performance of the fund. Please note that the past performance is not a reliable indication of future performance. Capital is always at risk.