Vanguard VTIP ETF has a 0.10% expense ratio that can help your clients
keep more of their returns.* Seeking to lower the risk of inflation, it’s
the kind of product they’ll appreciate and one you could feel confident
recommending. Help lower your clients’ risks with the lowest cost
available. That’s Vanguarding.®
For the support you deserve, visit advisors.vanguard.com/VTIP today.
All investing is subject to risk, including the possible loss of the money you invest. Bond funds are subject to the risk that an issuer
will fail to make payments on time, and that bond prices will decline because of rising interest rates or negative perceptions of an
issuer’s ability to make payments.
Vanguard ETF Shares can be bought and sold only through a broker (who may charge a commission) and cannot be redeemed with
the issuing Fund. The market price of Vanguard ETF Shares may be more or less than net asset value.
For more information about Vanguard ETF Shares, visit advisors.vanguard.com/VTIP, call 800-241-6999, or contact your
broker to obtain a prospectus. Investment objectives, risks, charges, expenses, and other important information
are contained in the prospectus; read and consider it carefully before investing.
Source: Morningstar as of 6/30/2012. Based on the 2012 ETF industry expense ratio for the only other four U.S. Short-Term
Inflation-Protected Securities ETFs of 0.20% and Vanguard Short-Term Inflation-Protected Securities ETFs expense ratio of 0.10%.
Morningstar data © 2012 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1) is proprietary to Morningstar
and/or its content providers; ( 2) may not be copied or distributed; and ( 3) is not warranted to be accurate, complete or timely.
Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Past performance is no guarantee of future results.
© 2012 The Vanguard Group, Inc. All rights reserved. U.S. Pat. No. 6,879,964 B2; 7,337,138; 7,720,749; 7,925,573; 8,090,646.
Vanguard Marketing Corporation, Distributor.