Vanguard

Vanguard Diversified
Growth Index Fund

Investment objective

The Vanguard Growth Index Fund seeks to track the weighted average return of the various indices of the underlying funds in which it invests, in proportion to the Strategic Asset Allocation, before taking into account fees, expenses and tax.

Investment strategy

The fund provides low-cost access to a range of sector funds, offering broad diversification across multiple asset classes. The fund is biased towards growth assets, and is designed for investors seeking long-term capital growth. The fund targets a 30% allocation to income asset classes and a 70% allocation to growth asset classes.

Investment manager

Vanguard is one of the world’s largest global investment management companies. In Australia, Vanguard has been serving financial advisers, retail clients and institutional investors for more than 20 years.

Since launching the first index managed fund for retail investors in 1976, Vanguard has strived to be the world’s highest value provider of investment funds and services. We have an unwavering focus on our clients with a commitment to champion what’s best for investors by offering substantial value and keeping costs as low as possible. Over the years Vanguard has built a reputation as a global leader in client advocacy and earned the trust of millions of investors along the way.

 

Unit price

Vanguard Diversified Growth Index Fund Unit Price History

Past performance is not a reliable indicator of future performance. This fund does not charge any Buy and Sell costs in addition to the Buy and Sell costs the underlying manager charges Centuria LifeGoals. Therefore, to an Investor in Centuria LifeGoals, the Buy and Sell unit prices do not differ.

Key features

Key features
APIR codeOVS2052AU
Risk level6 – high
Minimum initial investment$500
Regular investment planMinimum monthly deposit of $100
Minimum switching amount$500
Minimum balance$500
Total net management fee0.80% p.a.
Recommended minimum investment periodSeven years

Performance

The performance of your investment is measured after taxes and fees within this tax paid fund.

1 mth3 mth6 mth1 yr
Net return* (%)-0.81%-0.61%7.63%-0.56%

Past performance is not a reliable indicator of future performance.
(*As at 30/09/2020)

Target asset allocation

Net PerformanceMin %Max %
Australian equities2630
International shares (unhedged)27.531.5
International shares (hedged)10.514.5
Australian fixed interest711
International fixed interest1923
Cash00

 

Invest today

You are one step closer to securing your future. Download the Centuria LifeGoals PDS to start investing today.

You can apply online for a simple and easy application process, or contact us for any investment, product or administrative enquiries.