Vanguard FTSE Global All Cap Index Fund — full breakdown

The purest single-fund global equity holding available to UK ISA investors. ~7,000 companies across every developed and emerging market, at 0.23% OCF, with no UK home bias.

Last updated 11 April 2026 by the IMZA Invest editorial team. Figures from Vanguard's published factsheets as of April 2026.

At a glance:

Fund type: UK-domiciled OEIC, single-asset class (100% equity)
Index tracked: FTSE Global All Cap Index
OCF: 0.23% per year
Holdings: ~7,000 companies across 47 markets
UK weighting: ~4% (matches global market cap)
Minimum: £100/month direct debit or £500 lump sum on Vanguard UK
Share classes: Accumulation (auto-reinvest) and Income

What is the FTSE Global All Cap Index Fund?

The Vanguard FTSE Global All Cap Index Fund is a UK-domiciled OEIC tracking the FTSE Global All Cap Index — ~7,000 large, mid and small-cap companies across developed and emerging markets, weighted by market capitalisation. It is 100% equities (no bonds), has a 0.23% OCF, and gives UK investors the single cleanest way to hold "the entire world stock market" in one fund.

Geographic breakdown (approx)

Region	Weight
United States	~60%
Japan	~6%
United Kingdom	~4%
France	~3%
Canada	~3%
Germany	~2%
China	~2.5%
Switzerland	~2%
Australia	~2%
India	~1.5%
Taiwan, Korea, Netherlands, Italy etc.	~14% combined

Weights change daily with market cap movements. Exact numbers from the Vanguard factsheet.

Top 10 holdings (approx)

Apple Inc
Microsoft Corp
NVIDIA Corp
Alphabet (Google)
Amazon.com
Meta Platforms
Berkshire Hathaway
Broadcom
Tesla
Eli Lilly

The top 10 holdings together make up roughly 18–22% of the fund. The remaining ~6,990 companies make up the other 78-82%.

FTSE Global All Cap vs LifeStrategy 80: which is "better"?

	FTSE Global All Cap	LifeStrategy 80%
UK weighting	~4% (market weight)	~20% (home bias)
Bond allocation	0%	20%
OCF	0.23%	0.22%
Number of holdings	~7,000	~20,000 (via sub-funds)
Auto-rebalancing	N/A (single asset class)	Yes, quarterly
Best for	Investors who want no home bias	Investors who want built-in bond allocation

Neither is strictly "better" — they're different approaches. Read our LifeStrategy breakdown for the full comparison.

Who suits FTSE Global All Cap

Long-horizon investors (15+ years) who want 100% equity exposure
Investors who want pure market-cap weighting with no UK home bias
DIY investors happy to add their own bond fund if needed
Junior ISA parents with 15+ year horizons (a newborn's JISA)

Who it doesn't suit

Anyone needing bonds in their portfolio (use LifeStrategy 60/40 instead)
Retirees drawing income — consider LifeStrategy 40 or a balanced fund
Investors who specifically want UK overweight
Short-term goals under 5 years (100% equity is too volatile)

Where to hold it in a UK ISA

This fund is available on basically every UK investment platform that supports OEICs:

Vanguard UK at 0.15% capped platform fee — cheapest home
Hargreaves Lansdown — 0.45% fund fee (but £45/yr cap if you hold via the ETF version VWRL)
AJ Bell — 0.25% platform fee on funds
Fidelity Personal Investing — free platform below £25k
interactive investor — flat £9.99/month

ETF alternative: VWRP / VWRL

Vanguard also offers ETF versions (VWRP for accumulating shares, VWRL for income) tracking the FTSE All-World Index — slightly narrower than Global All Cap (excludes small caps) but with OCF of just 0.22%. If you prefer ETFs (for the £45/yr HL share cap or for Trading 212's zero-fee ISA), VWRP is the closest equivalent.

Bottom line

If you want "one fund, global market weight, 100% equity, low cost, long-term compounding inside an ISA" — this is probably it. The only question left is whether you want UK home bias (LifeStrategy) or pure market weight (this). Either is a defensible choice for 15+ year horizons.

Ready to buy FTSE Global All Cap in an ISA?

Open Vanguard UK ISA →

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