Let Vanguard Help You Reach Your Financial Goals

Since its beginning in 1975, Vanguard has grown to become one of the world's largest investment management companies with more than $2.4 trillion in U.S. mutual fund assets as of January 31, 2014.
Most investment firms are either publically traded or privately owned. Vanguard is different: It's owned by the Vanguard funds, which, in turn, are owned by their shareholders. With no other parties to answer to and no conflicting loyalties, Vanguard makes every decision —like keeping investing costs as low as possible —with your best interests in mind.

Choose from an impressive fund lineup
Whether you're saving for retirement, college, or more immediate needs, Vanguard provides a wide range of investments to reach your goals. Vanguard offers U.S. investors more than 160 index and actively managed funds that invest in stocks, bonds, and money market instruments.

Count on a long-standing commitment to indexing
Index funds are ideal building blocks for a portfolio, and there's no better place than Vanguard to find a broad selection. They introduced the first index fund to individual investors and today offer more than 40.

Keep more of your returns with lower costs
Vanguard offers funds at costs consistently among the lowest in the industry. In fact, in 2013 their funds' average expense ratio was 0.19%, far lower than the industry average of 1.08% (According to fund tracker Lipper, a Thomson Reuters Company). That big difference in costs means more money will stay in your account—and continue to compound over time.

Benefit from a focus on you
Vanguard was founded on the simple but revolutionary idea that a mutual fund management company should be managed in the sole interest of its funds' investors. They have a clear mission that sets them apart: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Visit vanguard.com to learn more.


For more information about the CollegeInvest Direct Portfolio College Savings Plan, click here to obtain a Plan Disclosure Statement and Participation Agreement, which include investment objectives, risks, charges, expenses, and other information; read and consider them carefully before investing. Administered and issued by CollegeInvest. Vanguard Marketing Corporation, Distributor and Underwriter.

If you are not a Colorado taxpayer, consider before investing whether your or the designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program.

CollegeInvest is the issuer of Plan securities, is the trustee of the plans in accordance with Colorado law, oversees the Managers' activities and provides certain administrative services, such as marketing, audit, and financial statements, in connection with the Plans.

Ascensus Broker Dealer Services, Inc. and Ascensus College Savings Recordkeeping Services, LLC serve as Plan Managers for the CollegeInvest Direct Portfolio College Savings Plan and have overall responsibility for the day-to-day operations. The Vanguard Group, Inc. also serves as Plan Manager and Investment Manager for the CollegeInvest Direct Portfolio College Savings Plan and Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., assists CollegeInvest with marketing and distributing the Direct Portfolio College Savings Plan.
The Plan's portfolios, although they invest in Vanguard mutual funds, are not mutual funds and you could lose money by investing in the plan.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund.



CollegeInvest and the CollegeInvest logo are registered trademarks. Vanguard is a trademark of The Vanguard Group, Inc. Upromise is a registered service mark of Upromise, Inc.



© CollegeInvest . Ascensus Broker Dealer Services, Inc., Vanguard Marketing Corporation. All Rights Reserved.