The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VBIAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VBIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VBIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A low-cost U.S.-focused balanced fund.
Ben Sater
Analyst
Summary
Vanguard’s straightforward approach to asset allocation and efficient indexing come together in this low-cost 60% U.S. stock/40% U.S. bond portfolio.