Transfer Option Question

BankerInTheBlack

Hi all, I'm currently considering  moving my stocks and shares ISA from Fidelity (Cavendish) to Vanguard.  Having done a fair bit of reading I'm pretty sure of the fund I would like invest in, however I had a quick question I'm struggling to get my head around and wondered if anyone could share their thoughts?

I'd like to be invested in 100% equity. Am I right in saying the major difference between 'Vanguard LifeStrategy 100' and 'VANGUARD FTSE GLOBAL ALL CAP INDEX' is the geographical allocation? I'm leaning toward the later due to the UK bias in the former. Is that assumption correct?

My reading suggests that there isn't any fee or penalty for switching either... Does that seem accurat?

Thanks in advance!

coastline

VLS 100 has around 25% in the UK according to the asset breakdown below. Global will have around 5%.? Recent underperformance in the UK also highlighted below but over the last 6 months the UK has matched the Global.
Vanguard LifeStrategy 100% Equity A Acc Fund factsheet | Trustnet
Chart Tool | Trustnet

Costabit

Bit more to it than that.
VLS is a fund of funds tracking various indices as against just one-the FTSE global all cap index.
The comparison comes up from time to time on here as well and a quick google search may help you decide,
Life Strategy / Vanguard FTSE Global All Cap Index — MoneySavingExpert Forum
 LifeStrategy 100 vs FTSE Global All Cap - FIGHT! - Dr FIRE
LifeStrategy® 100 vs FTSE Global All Cap Index Fund – What are the differences? – The FI Fox (wordpress.com)

BankerInTheBlack

Thank you both for your replies, this is really useful! Believe it or not I did google, but clearly not the right term! Thanks again.