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.
Vanguard US Growth Investor VWUSX
NAV / 1-Day Return
64.70
/
2.84
%
Total Assets
50.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.380%
Expense Ratio
0.380%
Fee Level
Low
Longest Manager Tenure
10.59
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
3,000
Status
Open
TTM Yield
0.03%
Turnover
38%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VWUSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VWUSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VWUSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VWUSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Vanguard U.S. Growth Removes Jackson Square as a Subadvisor
