|
Southern Iowa | Had someone ask if this is a good fund for their 401k 15 years to retirement. They are in a Target fund 2040 now, but it has a high expense ratio.
A little out of my knowledge, but told her I would ask here. Her 401k is outside of Vanguard.
From the Vanguard website:
Founded in 1929, Wellington™ Fund is Vanguard’s oldest mutual fund and the nation’s oldest balanced fund. It offers exposure to stocks (about two-thirds of the portfolio) and bonds (one-third of the portfolio). Another key attribute is broad diversification—the fund invests in stocks and bonds across all economic sectors. This is important because one or two holdings should not have a sizeable impact on the fund. Investors with a long-term time horizon who want growth and are willing to accept stock market volatility may wish to consider this as a core holding in their portfolio.
| |
|
Vanguard Wellington™ Fund Investor Shares
