Saving & Investing


How active funds can fit into your portfolio

May 30, 2013

Vanguard leaders discuss the role of actively managed funds in a portfolio

What's the purpose of having an actively managed fund in your portfolio? Steve Holman of Vanguard Flagship Services® and Daniel Wallick of the Vanguard Investment Strategy Group answer this question by discussing performance, asset allocation, diversification, and patience.

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Other excerpts from this webcast:


  • All investments are subject to risk, including the possible loss of the money you invest.
  • For more information about Vanguard funds, visit or call 877-662-7447 to obtain a prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.
  • Diversification does not ensure a profit or protect against a loss.

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