The Vanguard LifeStrategy target-risk series employs a straightforward, low-cost approach to deliver global exposure across both stocks and bonds, making any of its four funds a strong option for investors. The series’ more conservative funds, Income and Conservative Growth, and most aggressive fund, Growth, retain a Morningstar Analyst Rating of Gold. The Moderate Growth fund, which lands in the more competitive allocation--50% to 70% equity Morningstar Category, receives a downgrade to Silver from Gold under our enhanced ratings methodology.
Will VSMGX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VSMGX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VSMGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VSMGX’s parent organization’s priorities and whether they’re in line with investors’ interests.