Is Vanguard LifeStrategy Moderate Growth Fund (VSMGX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2024
0mins
Source: NASDAQ.COM
- Objective: Vanguard LifeStrategy Moderate Growth Fund (VSMGX) is an Allocation Balanced mutual fund that invests in a mix of asset types like stocks, bonds, and cash.
- History of Fund/Manager: Managed by Vanguard Group since 1994, VSMGX has accumulated over $21 billion in assets and is handled by a team of investment professionals.
- Performance: VSMGX has a 5-year annualized total return of 6.53% and sits in the bottom third among its peers, with a 3-year annualized total return of 2.55%.
- Risk Factors: The fund has a 5-year beta of 0.64, indicating lower volatility than the market average, but has shown a negative alpha of -3.64 over the past five years.
- Expenses: VSMGX is a no-load fund with an expense ratio of 0.13%, making it cheaper than its category average, with a minimum initial investment of $3,000.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
