{{details.fundName}}
Overview |
||
|---|---|---|
| Unit Price as of {{details.perf.priceDate | date:'MM/dd/yyyy'}} | {{details.perf.price | currency}} | |
| Change | {{details.perf.priceChangeAmt | currency}} | {{details.perf.priceChangePct | percentage}} |
| Inception Date | {{details.perf.incepDate | date:'MM/dd/yyyy'}} | |
Objective
The Conservative Growth Portfolio seeks to provide current income and low to moderate capital appreciation.
Strategy
The Portfolio invests 100% of its assets in Vanguard LifeStrategy Conservative Growth Fund. The Underlying Fund invests in other Vanguard mutual funds according to a fixed formula that reflects an allocation of approximately 60% of the Underlying Fund’s assets to bonds and 40% to common stocks. The targeted percentage of the Underlying Fund’s assets allocated to each of the underlying funds is:
| Vanguard Total Stock Market Index Fund Vanguard Total International Stock Index Fund Vanguard Total Bond Market II Index Fund Vanguard Total International Bond Index Fund |
42% 24% 18% 16% |
The Underlying Fund's indirect bond holdings are a diversified mix of short-, intermediate-, and long-term U.S. government, U.S. agency, and investment-grade U.S. corporate bonds; mortgage-backed and asset-backed securities; and government, agency, corporate, and securitized investment-grade foreign bonds issued in currencies other than the U.S. dollar (but hedged by Vanguard to minimize foreign currency exposure). The Underlying Fund's indirect stock holdings are a diversified mix of U.S. and foreign large-, mid-, and small-capitalization stocks.
Risks
As with any investment, your investment in the Portfolio could lose money or the Portfolio's performance could trail that of other investments. Each Portfolio has a different level of risk. For a full description of the investment risks associated with this Portfolio, see the Program Description.
