Decide how you want to divide your money between stocks and bonds—then let the fund do the work.
Asset allocation—the mix of stocks, bonds, and cash held in your portfolio—can have a big impact on your long-term returns. So why not pick a fund with an asset allocation that fits your goals, time horizon, and risk tolerance Vanguard LifeStrategy® Funds are designed to help you manage risk while growing your savings.
You may be interested in this fund if you care mostly about current income and accept the limited growth potential that comes with less exposure to stock market risk.
You may be interested in this fund if you care about current income more than long-term growth, but still want some growth potential with less exposure to stock market risk.
You may be interested in this fund if you care about long-term growth more than current income and want more growth potential while accepting higher exposure to stock market risk.
You may be interested in this fund if you care about long-term growth and are willing to accept significant exposure to stock market risk in exchange for more growth potential.
Each fund invests in thousands of U.S. and international stocks and bonds, inc luding exposureto major market sectors and segments.
Each fund is professionally managed to maintain its specific asset allocation, freeing you from the hassle of ongoing rebalancing.
The average Vanguard LifeStrategy Fund expense ratio is 78% less than the industry average.1
When you're paying less for your funds, more money stays in your account to work for you.
Vanguard average LifeStrategy Funds expense ratio: 0.13%. Industry average expense ratio for comparable balanced funds: 0.59%. Industry averages exclude Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2025.
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.
Each LifeStrategy Fund invests in four broadly diversified Vanguard funds and is subject to the risks associated with those underlying funds.
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.