Hi! I recently came across the Vanguard Target Retirement 2040 Fund (VFORX). Has anyone heard about it?

Hello! If i am not wrong, VFORX is a mutual fund, rather than a ETF. I think it is only offered on vanguard's own platoform, which is not availbale for Singaporeans.

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Sadly, there is currently no financial intermediaries in Singapore that offer products with the same investing strategy. However certain mutual funds consist of a mixed of equities and bonds, depending on the risk profile of the fund. While they do not automatically adjust the allocation based on your age, you can always do a manual fund switch to a more conservative one.

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However, these are active funds, unlike VFORX which i think consists of index funds.

Didn't know about VFORX until you asked. Here is the overview from Vanguard website:

https://investor.vanguard.com/mutual-funds/prof...

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Notice that they construct a 80% equity 20% fixed income portfolio from 5 underlying Vanguard funds, meaning this is a fund of funds, which means while their TER is 0.14%, there would be additional cost from their underlying TER.

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Don't think it is offered in SG.