Vanguard's LifeStrategy funds are an index of indexes. | Hacker News

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		nicky0 on Aug 27, 2016 \| parent \| context \| favorite \| on: Are Index Funds Eating the World? Vanguard's LifeStrategy funds are an index of indexes.

watermelon59 on Aug 27, 2016 [–]

They're a fund of funds but not an index of indexes. An index of indexes would be composed of indexes weighted by how much money is invested in each. Vanguard's LifeStrategy funds have fixed allocations to each underlying fund.

nicky0 on Aug 31, 2016 | [–]

Useful to know, thanks for the correction.

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