Vanguard Target Retirement 2045 Fund

Select share classes

There is only one type of share class for this fund.

Vanguard Target Retirement 2045 Fund Accumulation Shares

Category Target Date 2041 - 2045

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£267.1221

arrow-up£0.133 (+0.05%)

Fund Code

VATGA

BZ6VK89

GB00BZ6VK898

Prices updated as at 28 May 2026

Prices in GBP

Investment objective

The Fund seeks to provide a return on your investment (through an increase in the value of, and income received from, assets held by the Fund) over the long-term (5 years or more) for investors planning to retire in or within approximately five years after 2045.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide or Product Summary document , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/04/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

29

31

21

Medium

5

7

4

Small

1

Fixed income style
Medium ext
100.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
100
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality A
Avg wtd coupon 3.41
Modified duration 6.61
Credit quality breakdown
Rating % of Bond
AAA 11.37
AA 52.06
A 20.47
BBB 15.14
BB -
B -
Below B -
Not Rated 0.95

	Bond %
Avg credit quality	A
Avg wtd coupon	3.41
Modified duration	6.61

Rating	% of Bond
AAA	11.37
AA	52.06
A	20.47
BBB	15.14
BB	-
B	-
Below B	-
Not Rated	0.95

Valuation

Vanguard Target Retirement 2045 Fund Accumulation Shares

Target Date 2041 - 2045

16.51

16.05

2.02

2.39

2.77

2.88

11.24

13.09

Growth rate

Vanguard Target Retirement 2045 Fund Accumulation Shares

Target Date 2041 - 2045

10.94%

10.05%

2.18%

2.00%

7.15%

7.81%

Top 10 holdings

Sector

-

Country

United Kingdom

% of assets

19.58551

Sector

-

Country

Ireland

% of assets

17.86177

Sector

-

Country

United Kingdom

% of assets

17.66676

Sector

-

Country

United Kingdom

% of assets

13.91205

Sector

-

Country

Ireland

% of assets

6.14197

Sector

-

Country

Ireland

% of assets

5.80171

Sector

-

Country

Ireland

% of assets

5.38721

Sector

-

Country

Ireland

% of assets

4.22895

Sector

-

Country

United Kingdom

% of assets

4.10345

Sector

-

Country

Ireland

% of assets

2.2023

Assets in top 10 holdings %

96.89%

Total no. of equity holdings

-

Total no. of bond holdings

-

Stock sectors

Vanguard Target Retirement 2045 Fund Accumulation Shares

Target Date 2041 - 2045

33.07%

Basic materials

4.72%

-

Con cyclical

8.69%

-

Financial svs

17.74%

-

Real estate

1.92%

-

46.58%

Comm services

7.17%

-

Energy

6.01%

-

Industrials

11.90%

-

Technology

21.50%

-

20.35%

Con defensive

6.99%

-

Healthcare

10.12%

-

Utilities

3.25%

-

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.