Jackson Square has been removed as a subadvisor on Vanguard U.S. Growth. Jackson Square had been managing about 13%, which was down from 37% before the fund merged with Vanguard Morgan Growth in April 2019. Vanguard has fired subadvisors here in the past, including AllianceBernstein in 2010.
Will VWUAX 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 VWUAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VWUAX 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 VWUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.