Description

This Vanguard ETF's primary objective is to gain exposure to equity markets. It accomplishes this by investing directly in equity securities or indirectly through a selection of underlying investment funds, which may include other exchange-traded funds managed by Vanguard or its affiliates. The sub-advisor is committed to maintaining a long-term strategic allocation of 100% equity securities, assuming normal market conditions prevail. The portfolio's composition may be adjusted and rebalanced periodically at the sub-advisor's discretion. These underlying funds are generally expected to consist of index funds, offering broad exposure across various equity markets.