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Vanguard - mutual fund investing - benefits of mutual funds

Mutual fund investing—help build your wealth with at-cost investments 


Consider a Vanguard mutual fund account for investing beyond your IRA or 401(k). You'll be able to invest in funds that fit your needs, no matter what you're striving for financially. Seventy-five percent of Vanguard funds outperformed their peer averages over the past decade.*

Key benefits of mutual funds

Pooling your money with other investors in a mutual fund can offer these advantages:

  • Diversification. A single mutual fund most likely holds more securities than you could ever buy on your own.
  • Professional management. An advisor handles the fund's investment management responsibilities, taking the burden off  you.
  • Convenience. Fund shares can be bought and sold any business day, so you have easy access to your money.

Find the funds to help meet your needs

Browse our fund categories
Use our tool to get an investment recommendation

Why Vanguard funds

At-cost advantage
On average, other mutual funds are five times more expensive than ours.** You keep more because we manage our funds at cost—they cost you what they cost us to run them. See how much you can save »
Our funds have delivered solid long-term investment results. See our listings in Money magazine.†
Index and active
We offer a comprehensive selection of low-cost index and actively managed funds. More about index and active funds » 

All investments are subject to risk.

Money named more than 20 Vanguard mutual funds and ETFs as well as the Vanguard Target Retirement Fund series to its latest "Money 70" list.


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Account types

Mutual fund account

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* Source: Lipper Inc. For the 10-year period ended December 31, 2011, 10 of 10 Vanguard money market funds, 47 of 52 bond funds, 12 of 14 balanced funds, and 78 of 90 stock funds outperformed their Lipper averages. Only funds with a minimum 10-year history were included in the comparison. The competitive performance data shown represent past performance, which is not a guarantee of future results. See the most recent performance of our funds.

** Source: Lipper Inc. Vanguard fund expense ratio 0.20%, industry average 1.12% as of December 31, 2011

† Source: The "Money 70" list in Money magazine's January 2012 Investor's Guide issue is based on low expenses, a strong record for putting shareholder interests first, a consistent investment strategy, and long-term performance. Vanguard had 24 individual mutual funds and exchange-traded funds as well as the Vanguard Target Retirement Fund series on the list, three times the number of ranked funds than our nearest competitor.

Fund share prices will fluctuate, so investors could lose money if they sell shares when prices have fallen.

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

Investment management services provided by Vanguard to the Vanguard funds and ETFs are at cost. More information about Vanguard funds, including at-cost services, is available in the fund's prospectus.

Vanguard funds are not insured or guaranteed.


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