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The Fund employs a passive management approach and seeks to track the performance of the FTSE Global All Cap Choice Index. The Index is a market-capitalisation weighted index representing the performance of large-, mid- and small-cap stocks of companies located in Developed and Emerging Markets worldwide. The Index applies environmental, social and governance criteria and excludes stocks involved in certain activities, including controversial weapons, tobacco, non-renewable energy, nuclear power, fossil fuels, civilian firearms and weapons, as well as stocks that do not comply with the United Nations Global Compact Principles. The Fund uses representative sampling to invest in a selection of Index constituents and aims to remain fully invested, although it may use derivatives to reduce risk or costs and/or generate income or growth.

This Fund seeks to track the performance of the FTSE Global All Cap Choice Index, which is a market-capitalisation weighted index representing the performance of large, mid, and small-cap stocks of companies located in markets around the world. Market-capitalisation is the value of a company's outstanding shares in the market and shows the size of a company. The Index is constructed from the FTSE Global All Cap Index (the “Parent Index”) which is then screened for certain environmental, social, and governance (i.e. controversy-related) criteria which is independent of Vanguard.