At Vanguard you're more than just an investor, you're an owner.

Because our investors are our owners, we can focus on the long term rather than quarterly results.

More about who we are and what sets us apart.

Vanguard isn't owned by public shareholders. It's owned by the people who invest in our funds.*<br><br>Our owners have access to personalized financial advice, high-quality investments, retirement tools, and relevant market insights that help you build a future for those you love.

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All investing is subject to risk including the possible loss of the money you invest.

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Because our investors are our owners, our interests are uniquely aligned, allowing us to focus on you and your goals.

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Because our investors are our owners, it enables us to consistently pass along economies of scale and lower the cost of investing, so you keep more of your returns.

*Vanguard is owned by its funds, which are owned by Vanguard's fund shareholder clients.

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.

Introduces Vanguard and features our expert research and commentary.

Because our investors are our owners, we act with conviction on the investment themes that are important to you.

At Vanguard you're more than just an investor, you're an owner.

The Value of Ownership