Pay less, keep more
We’re lowering the all-in cost of LifeStrategy® MPS from June 2026
Learn more about changes to LifeStrategy®
Why choose LifeStrategy®?
Funds and model portfolios
Both built by experts – you choose which solution best suits your clients’ needs.
Highly diversified
With up to 30,000 shares and bonds in each LifeStrategy® fund or Model Portfolio (1). All built using Vanguard’s leading index funds.
Low cost
From 0.20% to 0.23% across our range of LifeStrategy® funds and Model Portfolios.
We’re lowering the costs of our LifeStrategy® range even further this year.
Long term, strategic asset allocation
Combining nearly 50 years’ experience in high quality fixed income with the performance potential of equities.
Supporting materials
Co-brandable, client-facing documents to help in conversations with your clients. Plus quarterly reports and webinars.
(1) Data as of 31 December 2025
What is a LifeStrategy® Model Portfolio?
Our LifeStrategy® Model Portfolios give your clients a globally diversified portfolio at low cost. Each LifeStrategy® Model Portfolio is made up of our own index funds.
All the funds in the model portfolio are visible on your platforms – so your client gets a full view of their investments.
We regularly monitor and maintain all the LifeStrategy® model portfolios. They are rebalanced every three months.
Five model asset mixes to choose from, from 20% equity to 100% equity.
Choose from Classic portfolios with a UK focus or Global portfolios for a more internationally diversified portfolio.
Home bias or global exposure?
The Global portfolios invest in the UK in line with its share of global share and bond markets.
The Classic portfolios feature a higher proportion in UK equities (up to 25%) and UK bonds (up to 35%) than the Global portfolios.
We are making changes to the UK exposure in our LifeStrategy® MPS Classic portfolios in June 2026. Learn more about changes to LifeStrategy®
Vanguard LifeStrategy 60% Equity MPS Classic | Vanguard LifeStrategy 60% Equity MPS Global | |
|---|---|---|
UK equities | 13.76% | 2.12% |
UK bonds | 12.56% | 2.14% |
Global equities (exc. UK) | 45.97% | 57.85% |
Global bonds (exc. UK) | 25.71% | 35.51% |
Other | 2.00% | 2.38% |
Notes: Model portfolio compositions are as at 31 December 2025. Percentage figures are rounded to the nearest tenth.
Source: Vanguard.
Save time with our Model Portfolio Services
Create an account and add our model portfolios to the platforms you use. We take care of portfolio construction so you can focus on your clients.
LifeStrategy® MPS is available on:
7im, Abrdn Wrap, Aegon Platform, Aegon Retirement Choices, Aviva, Fidelity Adviser Solutions, Fundment, Nucleus, Quilter, Transact and Wealthtime.
Client-facing document
Use this co-brandable document in your client meetings to explain the benefits and features of our LifeStrategy® model portfolios.
Vanguard's LifeStrategy® model portfolios
A client-friendly explanation of our LifeStrategy® model portfolios.
Adviser documents
Quarterly reports
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Risk ratings for LifeStrategy® Model Portfolios
If you'd like to read more about how the LifeStrategy® range has been rated, you can access the risk ratings here:
Further information
Target Market Information
Understanding the risks
Costs and Charges
29 January 202629 Jan 2026
LifeStrategy® quarterly update - 2026 Q1
Join Vanguard experts to discover the market forces shaping LifeStrategy and multi-asset portfolios in today’s evolving market and beyond.
Madison McCall and Gillian Hepburn
Compare LifeStrategy® funds and Model Portfolios
See how our funds and model portfolios compare to understand which might be right for your clients.
Vanguard LifeStrategy funds | Vanguard LifeStrategy Global funds | Vanguard LifeStrategy MPS Classic | Vanguard LifeStrategy MPS Global | |
|---|---|---|---|---|
Structure | Single fund | Single fund | Model portfolio of up to 15 funds | Model portfolio of up to 15 funds |
Portfolio rebalancing | Daily | Daily | Quarterly | Quarterly |
Costs | OCF(1) of 0.22%. Reducing to 0.20% from 27 January 2026. | OCF (1) of 0.20% | All-in cost of 0.20% to 0.23%(2). Reducing to an estimated 0.17%–0.18% from June 2026. | All-in cost of 0.22 % to 0.23%(2). Reducing to an estimated 0.17%–0.18% from June 2026. |
Number of Risk Profiles | 5 | 5 | 5 | 5 |
Key features | •Globally diversified with a tilt towards UK equities and fixed income. •Simple, all-in-one solution. | •Matches global market capitalisation for a globally diversified portfolio. •Simple, all-in-one solution. | •Globally diversified with a tilt towards UK equities and fixed income. •Rebalancing of holdings is taken care of at client account level. | •Matches global market capitalisation for a globally diversified portfolio. •Rebalancing of holdings is taken care of at client account level. |
Tilt to UK equities and bonds |
(1) As at 31 December 2025. The Ongoing Charges Figure (OCF) covers the fund manager’s costs of managing the fund. It does not include dealing costs or additional costs such as audit fees.
(2) As at 31 December 2025. All-in costs include Ongoing Charges Figures (OCF) and an annual portfolio management fee that covers the discretionary management of the managed portfolio service, ongoing oversight, and regular rebalancing of the portfolios. The portfolio management fee is exclusive of VAT and any adviser, platform, or dealing charges. The OCF covers the fund manager’s costs of managing the fund. It does not include dealing costs or additional costs such as audit fees.
Also available as funds
Some of your clients will like seeing the details with a model portfolio but others may benefit from the simplicity of a single fund. That is why LifeStrategy® is available in both.
LifeStrategy® funds
Five choices for low-cost, uncomplicated all-in-one access to global equity and bonds.markets.