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ABC Company Retirement Plan
Vanguard Target Retirement 2040 Inv - VFORX
Monitoring Rating: Pass
Objective
The investment seeks to provide capital appreciation and
current income consistent with its current asset allocation.
The fund invests in other Vanguard mutual funds according to
an asset allocation strategy designed for investors planning to
retire and leave the workforce in or within a few years of 2040
(the target year). The fund's asset allocation will become more
conservative over time, meaning that the percentage of assets
allocated to stocks will decrease while the percentage of
assets allocated to bonds and other fixed income investments
will increase.
Statistics
Inception Date
06/07/2006
Manager Tenure
4.41
Assets($1000s)
$20,962,502
Net Exp Ratio
0.16
12b-1 Fees
-
Average Mkt Cap($1000s)
$35,599,700
# of Holdings
5
% of Assets in Top 10
100.00
Risk Characteristics
VFORX Cat Avg
3 Yr Std Dev
9.30 9.02
5 Yr Std Dev
8.67 8.40
5 Yr Beta
1.02 0.89
5 Yr Alpha
0.49 -1.40
5 Yr Sharpe
1.24 1.10
5 Yr Information Ratio
0.58 -0.89
5 Yr Tracking Error
1.29 3.17
5 Yr Upside Capture
105.40 82.93
5 Yr Downside Capture
103.29 92.48
5 Yr Batting Avg
0.60 0.45
Excess Returns vs. Category/Index
vs DJ Target 2040 TR USD
vs Category Avg
2
1
0
10-Yr
5-Yr
3-Yr
12-Month
3-Month
0.23
0.74
0.64
1.49
0.67
1.23
1.59
0.97
1.40
0.28
Calendar Year Performance
2012
2013
2014
2015
2016
VFORX
15.56
24.37
7.15
-1.59
8.73
Cat Avg
14.86
20.07
5.48
-1.86
7.97
Index
14.88
22.38
6.03
-1.94
9.30
Cat Rank
35
18
13
47
27
Equity- 12 Month Moving Windows: Jun 2007 - Jun 2017
Vanguard Target Reti-
rement 2040 Inv
Small - Large
2
1
0
-1
-2
Value - Growth
2
1
0
-1
-2
1
0
-1
-
Small Growth
Small Value
Mid Growth
Mid Value
Top Growth
Top Value
Sector Allocation vs. Category
1
0
-1
-2
-3
Technology
Industrials
Energy
Telecom
Utilities
Healthcare
Defensive
Real Estate
Financials
Cyclical
Materials
-1.08
0.39
0.52
-1.16
0.12
-0.08
0.68
-1.78
0.78
-0.59
0.51
+/-Category Avg
Asset Allocation
Other (1.33%)
Non-US Bonds (4.38%)
US Bonds (8.24%)
Non-US Stocks (33.08%)
US Stocks (51.50%)
Cash (1.47%)