Diversified (multi-asset)
VDCO
Vanguard Diversified Conservative Index ETF · Vanguard
A complete, ready-made portfolio weighted toward stability: mostly bonds with a smaller slice of shares (Australian and global), built from underlying Vanguard index funds.
What the fee costs you
The management fee is 0.27% a year. Here’s what that works out to in dollars:
A 0.27% yearly fee works out to about $27 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Vanguard
- Asset class
- Diversified (multi-asset)
- Number of holdings
- Thousands (held via several underlying Vanguard funds)
- Where it invests
- Global — a bond-heavy blend with a smaller allocation to Australian and international shares.
- Income paid
- Quarterly
- Currency hedged
- No — The bond portion is generally hedged to Australian dollars; the smaller share portion is largely unhedged.
Its character
The most defensive of Vanguard's diversified range — mostly bonds with a minority in shares — aimed at steadier, lower-growth returns in a single holding.
What to keep in mind
Being mostly bonds, it sits at the steadier, lower-growth end — smaller swings than a balanced or growth fund, but also less long-term growth potential.
Figures last verified 2026-06-19against the issuer’s factsheet and PDS.