The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMVFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VMVFX 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 VMVFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Carves an edge by protecting the downside.
Ryan Jackson
Analyst
Summary
Vanguard Global Minimum Volatility is a well-designed low-volatility strategy whose ability to weather drawdowns should continue to drive a stellar risk/reward profile.