Vanguard U.S. Growth Fund Investor Shares 

As Vanguard's most enduring growth offering, this fund primarily targets well-established, leading corporations, often recognized as blue-chip firms, which typically hold dominant positions within their respective industries. The investment professionals managing this fund are confident that these companies possess the capability for consistent earnings expansion and can deliver exceptional long-term returns. The portfolio is predominantly composed of large-capitalization equities. This fund is well-suited for individuals with a long-term investment outlook who desire exposure to significant growth-oriented businesses. It is crucial to understand that the Vanguard U.S. Growth Fund is a distinct entity and is not interchangeable with the Vanguard Wellington U.S. Growth Active ETF (VUSG). Divergent investment methodologies and management teams mean that different investment outcomes are expected for each product.