Vanguard Total Stock Market Index
Objective And StrategyObjective
Track the performance of a benchmark index that measures the investment return of the overall stock market.
StrategyThe Portfolio employs a "passive management" - or indexing - investment approach designed to track the performance of the S&P U.S. Total Market Index by investing all of its assets in stocks that make up the Index. The Index consists of substantially all of the U.S. common stocks regularly traded on the New York Stock Exchange and the Nasdaq over-the-counter market.
Low Cost Fund
* This portfolio invests (or may invest) in securities of companies with micro-, small-, or mid-capitalization. Any investment in micro-, small-, or mid-capitalization companies involves greater risk than that customarily associated with investments in larger, more established companies because of the greater business risks of smaller size, limited markets and financial resources, narrower product lines, and frequent lack of management depth. As such, micro- or small-cap companies may be more subject to erratic and abrupt market movements than securities of larger, more established companies.
Large Cap Core01/2003
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