Vanguard’s Model Portfolios are provided to investment advisors by Vanguard to illustrate generally the ways in which the underlying Vanguard funds can be used to comprise an investment portfolio for different investment objectives, risk profiles and time horizons.
These model portfolios are not provided as a recommendation or solicitation to buy or sell any security, including any security of a Vanguard fund. The information provided is not investment advice and is not tailored to the needs or circumstances of any particular investors. Vanguard’s Model Portfolios may change from time to time without notice. Vanguard shall not have any liability, contingent or otherwise, to any person for the quality, currency or completeness of the sample portfolio strategies.
Investment advisors should work with their clients to ensure that they select appropriate investments, and appropriate investment allocations, for their clients’ individual circumstances.
should work with their clients to ensure that they select appropriate investments, and appropriate investment allocations, for their clients’ individual circumstances.
The asset-weighted management expense ratio is calculated using the management expense ratio (MER) of each fund as of March 31, 2023, multiplied by the weight of each fund in the model portfolio. The MERs used include waivers and absorptions. Without waivers and absorptions, the asset-weighted MERs would have been higher. Vanguard Investments Canada Inc. expects to continue absorbing or waiving certain fees indefinitely but may, in its discretion, discontinue this practice at any time.
Information regarding U.S. investment funds is solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any U.S. security, including those securities that are managed by an affiliate of Vanguard Investments Canada Inc. Vanguard U.S. mutual funds and U.S. ETF shares are issued by U.S.-domiciled investment companies. Vanguard U.S. ETF shares are listed on the NYSE Arca.