Vanguard Target Retirement 2040 Fund Fact Sheet

What is the Vanguard Target Retirement 2040 Fund?

The Vanguard Target Retirement 2040 Fund is a target-date fund that invests in a mix of stocks and bonds. The fund's asset allocation is designed to become more conservative over time as the target retirement date approaches. The fund is designed for investors who plan to retire around 2040.

Fund Overview

• Fund Name: Vanguard Target Retirement 2040 Fund
• Ticker Symbol: VTWNX
• Expense Ratio: 0.15%
• Minimum Investment: $1,000

Asset Allocation

The Vanguard Target Retirement 2040 Fund's asset allocation is currently:

• Stocks: 90%
• Bonds: 10%

Investment Strategy

The Vanguard Target Retirement 2040 Fund invests in a mix of domestic and international stocks and bonds. The fund's portfolio is managed by Vanguard's team of investment professionals. The fund's investment strategy is designed to provide investors with a diversified portfolio of investments that are appropriate for their retirement goals.

Performance

The Vanguard Target Retirement 2040 Fund has a strong track record of performance. The fund has outperformed its benchmark, the S&P 500 Index, over the past 10 years.

Fees

The Vanguard Target Retirement 2040 Fund has an expense ratio of 0.15%. This means that the fund charges $1.50 for every $1,000 invested in the fund.

Suitability

The Vanguard Target Retirement 2040 Fund is suitable for investors who:

• Are planning to retire around 2040
• Are comfortable with a moderate level of risk
• Are looking for a diversified portfolio of investments

How to Invest

You can invest in the Vanguard Target Retirement 2040 Fund through a variety of channels, including:

• Vanguard's website
• Vanguard's mobile app
• A financial advisor

Conclusion

The Vanguard Target Retirement 2040 Fund is a well-managed target-date fund that is suitable for investors who are planning to retire around 2040. The fund has a strong track record of performance and a low expense ratio.

FAQs

• What is the difference between a target-date fund and a traditional mutual fund?
  A target-date fund is a type of mutual fund that is designed to automatically adjust its asset allocation over time as the target retirement date approaches. This means that a target-date fund can provide investors with a diversified portfolio of investments that are appropriate for their retirement goals. A traditional mutual fund, on the other hand, does not automatically adjust its asset allocation over time.
• What is the expense ratio of the Vanguard Target Retirement 2040 Fund?
  The expense ratio of the Vanguard Target Retirement 2040 Fund is 0.15%. This means that the fund charges $1.50 for every $1,000 invested in the fund.
• How do I invest in the Vanguard Target Retirement 2040 Fund?
  You can invest in the Vanguard Target Retirement 2040 Fund through a variety of channels, including:
  • Vanguard's website
  • Vanguard's mobile app
  • A financial advisor
• Is the Vanguard Target Retirement 2040 Fund right for me?
  The Vanguard Target Retirement 2040 Fund is a well-managed target-date fund that is suitable for investors who are planning to retire around 2040. The fund has a strong track record of performance and a low expense ratio. However, it is important to remember that all investments involve risk and that you should consider your own investment goals and risk tolerance before investing in any fund.

Disclaimer

The information provided in this fact sheet is for informational purposes only and should not be construed as investment advice. Past performance