Returns for the Balanced Model Portfolio Average are determined as follows: A split investment (40% in the Core Model Portfolio, 20% in the Equity Portfolio and 40% in the Fixed Income Portfolio) is assumed to be made at the beginning of each calendar year and rebalanced every subsequent calendar year. Returns are then calculated using the time-weighted return on investment technique.
Balanced Composite Index is made up of two unmanaged benchmarks weighted 60% CRSP US Total Market Index and 40% Barclays U.S. Aggregate Bond Index. Returns are from 2/1/2006.
Vanguard® Balanced Index Fund seeks with 60% of its assets to track the investment performance of a benchmark index that measures the investment return of the overall U.S. stock market. With 40% of its assets, the fund seeks to track the investment performance of a broad, market-weighted bond index. Made up of two unmanaged benchmarks, weighted 60% Dow Jones Wilshire 5000 Index and 40% Lehman Aggregate Bond Index through May 31, 2005; 60% MSCI US Broad Market Index and 40% Barclays U.S. Aggregate Bond Index through December 31, 2009; 60% MSCI US Broad Market Index and 40% Barclays U.S. Aggregate Float Adjusted Index through January 14, 2013; and 60% CRSP US Total Market Index and 40% Barclays U.S. Aggregate Float Adjusted Index thereafter. Mutual fund returns are obtained from the Wall Street Journal and are from 2/1/2006.