Description

The Vanguard FTSE Developed World ex-U.K. Equity Index Fund Institutional Plus GBP Acc is a passive investment fund that aims to track the performance of the FTSE Developed World ex-U.K. Index. The fund achieves this by investing in large and mid-sized company shares across developed markets globally, specifically excluding the United Kingdom, in the same proportions as the underlying index. As an accumulation share class denominated in GBP, any income generated by the fund is reinvested. The fund aims to remain fully invested and may utilize derivatives for efficient portfolio management, such as reducing risk or cost, or generating additional income. This fund is structured for long-term investment.