wrigley
Full time employment: Posting here.
Is it improper "forum etiquette" to ask what people think of a particular fund?
Mike
Mike
No. Ask away.
Whats the question?
DD
Whats the question?
DD
Is this fund similar to Vanguard Wellesley and Wellington? Thanks
Mike
I don't own one but the Freedom Fund's are a series of funds, similar to Vanguard's Target Funds, that are targeted to your date of retirement. More aggressive in your early years and much more conservative in your retirement years. Plus it is a fund made up of many funds to give you a balanced approach. Wellesley and Wellington are not a fund of fund approach but they are balanced funds.(stocks and bonds) Wellesley a 40/60 allocation and Wellington 60/40, plus they keep that allocation or close to it.
Hope that helps a little.
Dawg's information is essentially correct, however the Wellington allocation is a little more tilted towards equities than 60/40. From the Vanguard description of the fund:and Wellington 60/40, plus they keep that allocation or close to it.