Vanguard LifeStrategy Funds
Decide how you want to divide your money between stocks and bonds—then let the fund do the work.
How much risk are you comfortable taking for the potential reward?
Studies have shown that your asset allocation has a bigger impact on your long-term returns than any specific fund you pick. So why not pick a Vanguard LifeStrategy® Fund that has asset allocation built in?
Each is designed—in varying degrees—to help you manage risk while trying to grow your savings. These funds offer you:
Less risk through broader diversification
Each fund invests in Vanguard's broadest index funds, giving you access to thousands of U.S. and international stocks and bonds, including exposure to the major market sectors and segments.
Automatic rebalancing
Each fund is professionally managed to maintain its specific asset allocation, freeing you from the hassle of ongoing rebalancing.
Low costs
The average Vanguard LifeStrategy fund expense ratio is 83% less than the industry average.*
When you're paying less for your funds, more money stays in your account working for you.
Which LifeStrategy Fund is best for you?
| LifeStrategy Income Fund | LifeStrategy Conservative Growth Fund | LifeStrategy Moderate Growth Fund | LifeStrategy Growth Fund | |
|---|---|---|---|---|
| For investors who: | Care most about current income. Accept the limited growth potential that comes with limited exposure to stock market risk. | Care more about current income than long-term growth. Want some growth potential but with less exposure to stock market risk. | Care more about long-term growth than current income. Want more growth potential and accept added exposure to stock market risk. | Care most about long-term growth. Accept significant exposure to stock market risk in exchange for more growth potential. |
| Investment time horizon | 3 to 5 years | More than 5 years | More than 5 years | More than 5 years |
| Risk |  |  |  |  |
| Target allocation |  20% stocks 80% bonds |  40% stocks 60% bonds |  60% stocks 40% bonds |  80% stocks 20% bonds |
Vanguard average LifeStrategy Funds expense ratio: 0.13%. Industry average expense ratio for comparable balanced funds: 0.78%. Industry averages exclude Vanguard. Sources: Vanguard and Morningstar, Inc., as of December 31, 2019.
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.