INTRODUCING: VANGUARD DIGITAL ADVISOR®
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Whenever you invest, there's a chance you could lose the money.
Diversifying means having different types of investments. It doesn’t guarantee you’ll make a profit or that you won’t lose money.

1Eligibility periods for fee waivers are tied to the enrollment of your first account. If you have an ineligible account that’s been enrolled in Digital Advisor for more than 90 days, new accounts you enroll are not eligible for the fee waiver. If you unenroll before your fee waiver period ends, you won’t owe an advisory fee. But if you choose to reenroll in Vanguard Digital Advisor during or after your fee waiver period, you won’t be eligible for a second fee waiver. This fee waiver offer may be modified or discontinued anytime at the sole discretion of Vanguard Advisers, Inc. All costs associated with fund expense ratios still apply at all times.

Vanguard Digital Advisor's services are provided solely by Vanguard Advisers, Inc. (VAI), a registered investment advisor. Please review the Vanguard Digital Advisor brochure for important details about these services. Vanguard Digital Advisor’s financial planning tools provide projections and goal forecasts, which are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results.