The Vanguard LifeStrategy Growth Fund falls within Morningstar’s allocation 70 percent to 85 percent category. Allocation funds strive to provide both income and capital appreciation by investing in a variety of asset classes and styles. Funds in this category tend to be dominated by domestic holdings and have stock exposures in the 70 to 85 percent range. The fund uses a fixed-allocation approach that is implemented by investing in four Vanguard index funds. The total allocation to stocks is slightly less than 80 percent as of Jan. 31, 2018. The fund’s allocation across the four Vanguard index funds is 48 percent in the Vanguard Total Stock Market Index fund, 32 percent in the Vanguard Total International Stock Index fund, 14 percent in the Vanguard Total Bond Market II Index Fund and 6 percent in the Vanguard Total International Bond Index fund.
The fund is a target-risk fund versus a target-date fund. Target-risk funds maintain a relatively static asset allocation, versus a target-date fund where the allocation to stocks decreases over time as the fund’s target date approaches. As of September 23, 2020, the fund has assets totaling almost $16.88 billion invested in 5 different holdings. The fund launched in September 1994.
VASGX – Vanguard LifeStrategy Growth Fund: Parent Company
The Vanguard Group is an American registered investment advisor based in Malvern, Pennsylvania with about $6.2 trillion in global assets under management, as of January 31, 2020. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock’s iShares. In addition to mutual funds and ETFs, Vanguard offers brokerage services, variable and fixed annuities, educational account services, financial planning, asset management, and trust services. Several mutual funds managed by Vanguard are ranked at the top of the list of US mutual funds by assets under management. The company’s low-cost approach has led to significant inflows of assets into its funds in recent years.
Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors and was a proponent and major enabler of low-cost investing by individuals. Vanguard is owned by the funds managed by the company and is therefore owned by its customers.
VASGX – Vanguard LifeStrategy Growth Fund: Performance
Over the past year, the Vanguard LifeStrategy Growth Fund (VASGX) has returned 14.25 percent. 8.61 percent over the past three, 9.49% over the last five and 10.07% over the last 10 years.
VASGX – Vanguard LifeStrategy Growth Fund: Category
The fund falls in the Mix Tgt All Gro category. The fund has returned 9.49 percent over the past five years and 10.07 percent over the past decade.
VASGX – Vanguard LifeStrategy Growth Fund: Role in Portfolio
This fund can be a core holding for someone seeking a balanced, but aggressive, investing approach.
VASGX – Vanguard LifeStrategy Growth Fund: Ranking
The Vanguard LifeStrategy Growth Fund (VASGX) isn’t ranked currently.
VASGX – Vanguard LifeStrategy Growth Fund: Investment Strategy
The fund uses an 80/20 allocation of stocks to bonds and implements this strategy via the four Vanguard funds held in the portfolio.
VASGX – Vanguard LifeStrategy Growth Fund: Management
The Vanguard LifeStrategy Growth Fund (VASGX) is team managed.
VASGX – Vanguard LifeStrategy Growth Fund: Fees
Vanguard LifeStrategy Growth Fund has an expense ratio of 0.00 percent.
VASGX – Vanguard LifeStrategy Growth Fund: Risk
The risk lies in the underlying funds’ help in the portfolio. This includes the risks from investing in stocks and bonds arising from various market and economic conditions over time. Risks also include currency risks due to the fund’s allocation to non-U.S. stocks and bonds.
Volatility measures reflect the uncertainty or risk of change in a security`s value.