14 October 2007

Vanguard LifeStrategy High Growth Fund

Link: Vanguard LifeStrategy High Growth Fund

One investment fund I am interested in now is Vanguard LifeStrategy High Growth Fund. Its MER (management expense ratio) of 0.9% is kind of high for an index fund, but it provides very good diversification across domestic and foreign shares, listed property, and (although the InvestSMART page doesn't say so because it is not up-to-date) it also invests about 3% in emerging markets.

InvestSMART even says that 70% margin lending is available.

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