Active Strategy

Active investing from an industry leader

Personalized for you, and at a fraction of the industry cost

An exclusive strategy from Vanguard Personal Advisor Services®

A proven track record

Vanguard’s actively managed funds have delivered substantial outperformance over long time periods.*

See Vanguard actively managed funds

World-class expertise

We partner with leading fund managers from around the world, giving you access to top-tier talent at a low cost.

Customized just for you

Your tailored active recommendation is just one of the ways we can personalize your portfolio.

How we make active investing personal

Looking for greater portfolio customization and the chance for increased returns?

Vanguard Personal Advisor Services offers an exclusive strategy and proprietary active funds that are fueled by active expertise from an industry leader. They give you the opportunity to leverage our network of world-class talent who have a history of delivering results for Vanguard investors.

 

Our success with active

As a whole, our competitors' funds have struggled to meet their goal of benchmark outperformance,** often because of the accompanying higher costs they need to overcome. But at Vanguard, we’ve developed a rigorous, disciplined approach that’s led to sustained success.*

Our advisors are here to help you use actively managed funds to your greatest benefit, considering your personal situation and preferences.

Our results prove it: Active Vanguard funds that outperformed their peer-group averages*

Our formula for active investing

How do we do it? Our impressive performance is partly thanks to our low costs.*** We add to that advantage by partnering with world-class fund managers who align with our philosophy and methodology.

Tailoring your portfolio for market outperformance

Active investing isn't right for everyone. And the right implementation of active can make all the difference.

It's all about maximizing your chances of success while minimizing the impact of additional taxes, cost, and risk.

The combination of advice + active can lead to powerful results.

Our advisors can build a portfolio that gives you:

  • An allocation to active that's appropriate for your situation and goals.
  • Strategies that help you avoid additional taxes and help you experience the additional returns that active investing can offer.
  • Access to world-class active management at a fraction of the cost.

A fraction of the industry cost***

The 5 stock funds included in Vanguard Personal Advisor’s active strategy are thoughtfully designed and managed by top-tier portfolio managers who have a history of delivering results for Vanguard clients.

This strategy gives you the opportunity to outperform the global stock market at a fraction of the industry cost.

This aggressive growth fund invests in companies of various sizes that the managers believe will grow in time, but may be volatile in the short-term. The fund managers have a long-term perspective and ignore short-term market ”noise.“ This investment approach, coupled with a focus in certain market sectors, including information technology and health care, helps differentiate the fund from its benchmark and peer funds.

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Fund manager: PRIMECAP Management Company

Expense ratio: 0.36% (68% less than average)***

The International Growth Fund focuses on non-U.S. companies with high growth potential. The fund employs an aggressive approach that attempts to capitalize on global economic expansion. For example, an attractive investment opportunity could be a non-U.S. consumer-products company that is experiencing rapid earnings growth. Because it invests in non-U.S. stocks, including those in developed and emerging markets, the fund can be more volatile than a domestic fund.

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Fund manager: Baillie Gifford Overseas Ltd.

Expense ratio: 0.42% (63% less than average)***

This fund is designed to provide investors with some income while offering exposure to dividend-focused companies across all industries. The fund focuses on high-quality companies that have both the ability and the commitment to grow their dividends over time. One of the fund’s risks is the possibility that returns from dividend-paying stocks will trail returns from the overall stock market during any given period. Another risk is the volatility that comes with the fund's full exposure to the stock market.

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Fund manager: Wellington Management Company LLP

Expense ratio: 0.45% (49% less than average)***

The fund will provide global, all-cap, contrarian value exposure by investing in discounted companies that are being avoided or overlooked due to uncertainty or complacency. The investment style involves identifying deeply mispriced companies with moderate risk expectations and blends it with strategies designed to exploit inefficiencies in the market, and in particular those created by behavioral biases.

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Fund manager: Wellington Management Company LLP

Expense ratio: 0.40% (63% less than average)***

This actively managed fund offers exposure to developed and emerging non-U.S. markets and will be diversified across a range of sectors. The fund’s advisors look to construct a portfolio that blends growth and value styles to serve as a core holding in a globally balanced portfolio. Because it invests in non-U.S stocks, the fund can be more volatile than a U.S. stock fund.

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Fund manager: Wellington Management Company LLP

Expense ratio: 0.35% (72% less than average)***

Put our active experience to work for your goals

Cost, talent, and patience have given us an edge when it comes to active investing.

See how teams from around Vanguard and around the world collaborate to find opportunities for our clients.

47 years of active management

70+ active funds

$1.7T in active assets under management

Successful investing requires a disciplined approach.

Get the personalized advice you deserve. See how Vanguard Personal Advisor can help you get more for your money. Call us at 800-841-6667.

Investing. In you. That’s the value of ownership.

You invest with intention. Your goals, your plans, your priorities ... they’re not just items on a checklist. They’re the world you’re building for yourself and the ones you love.

At Vanguard, you’re more than just an investor—you’re an owner. And ownership means we’re building that world alongside you.†

For almost 50 years, we’ve given our investor-owners the means to succeed, empowering you with direct access to the markets, the tools, and the advice you need to make sure tomorrow’s world is always bigger than today’s.

No matter your "why," ours is helping you live it. That's the value of ownership.

*For the three-year period ended March 31, 2022, 6 of 6 Vanguard money market funds, 50 of 54 bond funds, 8 of 11 balanced funds, and 29 of 46 stock funds—for a total of 93 of 117 Vanguard funds—outperformed their Lipper peer-group averages. For the five-year period ended March 31, 2022, 6 of 6 Vanguard money market funds, 49 of 51 bond funds, 6 of 7 balanced funds, and 27 of 39 stock funds—for a total of 88 of 103 Vanguard funds—outperformed their Lipper peer-group averages. For the 10-year period ended March 31, 2022, 6 of 6 Vanguard money market funds, 41 of 44 Vanguard bond funds, 6 of 6 Vanguard balanced funds, and 29 of 37 Vanguard stock funds—for a total of 82 of 93 Vanguard funds—outperformed their Lipper peer-group averages. Results will vary for other time periods. Only actively managed funds with a minimum 10-year history were included in the comparison. Source: Lipper, a Thomson Reuters Company. The competitive performance data shown represent past performance, which is not a guarantee of future results. View fund performance

**Over the past 15 years, only about 37% of active stock fund managers and 19% of active bond fund managers have outperformed their designated benchmarks. Sources: Vanguard calculations, using data from Lipper, a Thomson Reuters Company. Based on funds’ excess returns relative to their prospectus benchmark for the 15-year period ended March 31, 2020. Only funds with a minimum 15-year history were included in the comparison. Results for other periods will vary.

***The Lipper category for Vanguard Advice Select International Growth Fund is international large-cap growth with an average expense ratio of 1.13%. The Lipper category for Vanguard Advice Select Global Value Fund is global multi-cap value with an average expense ratio of 1.09%. The Lipper category for Vanguard Advice Select Dividend Growth Fund is large-cap core with an average expense ratio of 0.89%. The Lipper category for Vanguard International Core Stock Fund is international large-cap core with an average expense ratio of 1.23%. The Lipper category for Vanguard Capital Opportunity Fund is multi-cap growth with an average expense ratio of 1.12%. Source: Lipper, a Thomson Reuters Company, as of December 31, 2021.

†Vanguard is investor-owned, meaning the fund shareholders own the funds, which in turn own Vanguard.

For more information about Vanguard funds or ETFs, visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.

All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income.

Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited-purpose trust company.