Income Pool of Bond
and Equity Mutual Funds
Best for donors who seek a relatively high level of income, the Vanguard LifeStrategy Conservative Growth Fund provides a mix of fixed income and equity investments.
Asset allocation:
30%—55% bonds
25%—50% equities
20%—45% short term reserves
Investment vehicles: The LifeStrategy Conservative Growth Fund invests in five Vanguard Funds:
- Total Bond Market II Index
- Short Term Investment-Grade
- Asset Allocation
- Total Stock Market Index
- Total International Stock Index
Performance: Vanguard reports quarterly on the LifeStrategy Conservative Growth Fund. For details, download report.
Investment fees: The average weighted expense ratio for the five underlying funds is 0.22%. Vanguard does not charge any fee at the fund-of-funds level.
Other investment vehicles