- Sector
- Financial Services
- Industry
- Asset Management
- Address
- PO Box 2600 Valley Forge PA United States of America 19482
- IPO Date
- Sep 30, 1994
- Business
- Vanguard LifeStrategy Conservative Growth Fund Investor Shares (VSCGX) is an open-end balanced mutual fund managed by The Vanguard Group, Inc., seeking current income and low to moderate capital appreciation through a fixed asset allocation strategy of approximately 40% in common stocks and 60% in fixed-income securities. The fund invests substantially all of its assets in other Vanguard mutual funds, including Vanguard Total Bond Market II Index Fund (41%); Vanguard Total Stock Market Index Fund (25%); Vanguard Total International Bond II Index Fund (18%); and Vanguard Total International Stock Index Fund (16%), providing indirect exposure to a diversified mix of U.S. and foreign large-, mid-, and small-cap stocks; short-, intermediate-, and long-term U.S. government, agency, and investment-grade corporate bonds; mortgage-backed and asset-backed securities; and hedged investment-grade foreign bonds. It targets individual and institutional investors seeking a global moderately conservative allocation with a minimum initial investment of $3,000, an expense ratio of 0.12%, and daily pricing, primarily available for sale in the United States.
Launched on September 30, 1994, as part of Vanguard's LifeStrategy Funds series, the fund operates under Vanguard STAR Funds and is domiciled in the United States with legal address c/o Corporation Service Company in Wilmington, Delaware; Vanguard, founded in 1975, maintains headquarters in Malvern, Pennsylvania.
The fund's indirect equity holdings emphasize a blend of growth and value styles across U.S. and international markets, while fixed-income components prioritize high credit quality with moderate interest-rate sensitivity, benchmarked against the Conservative Growth Composite Index.
As of February 28, 2025, total net assets stand at approximately $10.82 billion, with a low portfolio turnover rate of 5.3%; no front-end or deferred loads apply, and recent performance reflects year-to-date returns of 10.83% through September 30, 2025.
The fund has maintained its core asset allocation strategy without major changes, partnerships, acquisitions, or new product launches reported in the last 1-2 years, continuing to focus on passive indexing via underlying Vanguard index funds amid stable management by co-managers Walter Nejman, Aurélie Denis, Roger Aliaga-Diaz, and Michael Roach.