Asset Allocation Funds

Created: May 9 2026, 12:51 UTC
Last modified: May 9 2026, 12:51 UTC

Asset Allocation Funds are funds that invest in other ETFs. Let’s define some here.

Equity ETFs:

VUN - U.S. Total Market Index ETF VCN - FTSE Canada All Cap Index ETF VIU - FTSE Developed All Cap ex North America Index ETF VEE - FTSE Emerging Markets All Cap Index ETF

These are all in the VEQT ETF, and the very approximate allocation tends to be:

  • 45% VUN
  • 30% VCN
  • 20% VTU
  • 5% VEE

More exactly, as of May 10, 206, it’s

  • VUN - 43.66%
  • VCN - 31.22%
  • VIU - 17.92%
  • VEE - 7.17%

Bond ETFs:

VAB - Canadian Aggregate Bond Index ETF VBG - Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) VBU - U.S. Aggregate Bond Index ETF (CAD-hedged)

Vanguard tends to allocate the bonds like this:

  • 60% VAB
  • 20% VBG
  • 20% VBU

VBAL (Vanguard Balanced ETF Portfolio)

  • VEQT ~ 60%
  • Bonds ~ 40%

VGRO (Vanguard Growth ETF Portfolio)

  • VEQT ~ 80%
  • Bonds ~ 20%

VCNS (Vanguard Conservative ETF Portfolio)

  • VEQT ~ 40%
  • Bonds ~ 60%

VCIP (Vanguard Conservative Income ETF Portfolio)

  • VEQT ~ 20%
  • Bonds ~ 80%

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