Vanguard target retirement fund vs LS60 or LS80?

[Linguaphile]

Have asked this elsewhere, but really I think it probably needs its own thread! Can someone weigh in on whether a Vanguard target retirement ISA like 2030 or 2035 might be more suitable for putting away university savings than, say, an LS60 or LS80 ISA? We know we’ll need the funds in maybe 10 years, so it seems quite sensible to go for the target retirement as it will get safer as we approach the date when we know we’d need the money, and I like that the risk is generally in the neighborhood I’d be looking at anyway. Am I missing something here, or is this a decent strategy?

Sounds a reasonable strategy as you know the date when you want to access the money.

TD2030 may already be below 65% equities, TD2035 probably around 70%.

Thanks @nannynick. I think I’m just trying to weigh up if the extra .02% in fees will result in a better result? I like that the target retirement has slightly more ambitious 70ish% allocation now but will go to about 50% nearer to when we need the money for university fees.

Obviously the only issue is that if we don’t use all of the money and it ends up sitting in the account, I suppose by that time the LS60 might provide better returns!