Vanguard Star Fund Investor Shares

This balanced fund is invested 60% in stocks and 40% in bonds. It offers investors exposure to ten underlying actively managed Vanguard funds—including domestic and international stock funds and U.S. bond funds—each with its own distinct investment approach. It may be considered a “one fund option” for investors looking for broad diversification across asset classes who can tolerate moderate market risk that comes from the volatility of the stock and bond markets.