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Vanguard - Funds by objective

Funds, Stocks & ETFs  »  Funds by Objective

Funds by objective

Select a fund category based on your investment goals.

Money market funds

Who should invest?
As cash investments, these funds are designed for investors who:

  • Want to maintain a stable dollar value for their invested principal.
  • Are seeking current income.
  • Need access to their money in the near future.
  • Take a very conservative approach to investment risk.

View money market funds for these categories:

Bond funds

Who should invest? 
Bond funds are designed for investors who:

  • Are seeking current income.
  • Want yields higher than money market rates and are prepared for fluctuations in share price.
  • Want to diversify a portfolio that may be too concentrated in other asset classes (such as cash investments or stock).

View bond funds for these categories:

Balanced funds

Who should invest?
Balanced funds are designed for investors who:

  • Want both current income and potential long-term capital appreciation.
  • Are seeking lower share-price volatility than is typically exhibited by stock funds but higher potential for growth of capital than is typically provided by bond funds.
  • Can tolerate moderate risk to the value of their principal.
  • Want the convenience of achieving diversification by investing in both stocks and bonds through a single fund.

View balanced funds for these categories:

Stock funds

Who should invest?
Stock funds are designed for investors who:

  • Are seeking the highest potential for growth of capital and are willing to tolerate significant share-price volatility over short—or even long—time periods.
  • Are willing to stay invested for at least 5 years, regardless of market fluctuations.
  • Want greater diversification for an investment program that may be overly concentrated in more conservative investments.

All investments are subject to risk. Investments in bonds are subject to interest rate, credit, and inflation risk.

Diversification does not ensure a profit or protect against a loss in a declining market.

A money market mutual fund investment is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund.


View stock funds for these categories:

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