No. of Recommendations: 2
What gave you that idea? The life strategy product is "structured as funds-of-funds, charging only weighted averages of the expense ratios associated with the underlying index funds."

Only the site is the authority on Vanguard funds... But still, the math is straightforward. For example...

Vanguard LifeStrategy Moderate Growth Fund: 0.14% fees and expenses

Underlying funds...

• Vanguard Total Stock Market Index Fund Investor Shares: 36.4%
(0.04% fees and expenses)
• Vanguard Total Bond Market II Index Fund Investor Shares: 27.9%
(0.05% fees and expenses)
• Vanguard Total International Stock Index Fund Investor Shares: 24.1%
(0.12% fees and expenses)
• Vanguard Total International Bond Index Fund Investor Shares: 11.6%
(0.11% fees and expenses)

By inspection, you can see the fee difference... Weighted portfolio average... 0.07019%

Feel free to calculate the other LifeStrategy funds (and check my math too)... the higher the stock content, the greater the disparity. If you have further questions, a new thread may be appropriate.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.