In February 2022, Vanguard named William A. Coleman and Walter Nejman as portfolio managers of the Vanguard LifeStrategy target-risk series. This move does not alter the funds’ People rating of Above Average nor their Morningstar Analyst Rating of Gold.
Morningstar’s Fund Analysis VSMGX
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.