Wealth Management Final

WEALTH MANAGEMENT FINAL PRESENTATION

BY STEVE RATAJCZAK

AND DEB BOOZE

VANGUARD TOTAL STOCK

MARKET INDEX FUND

Product Summary Created in 1992, Vanguard Total Stock Market Index Fund is designed to provide investors with exposure to the entire U.S. equity market, including small-, mid-, and large-cap growth and value stocks. The fund’s key attributes are its low costs, broad diversification, and the potential for tax efficiency. Investors looking for a low-cost way to gain broad exposure to the U.S. stock market who are willing to accept the volatility that comes with stock market investing may wish to consider this fund as either a core equity holding or your only domestic stock fund

ManagementGerard C. O'Reilly, Principal

Portfolio manager. Advised the fund since 1994.

Worked in investment management since 1992. B.S., Villanova University.

Vanguard Total Stock Market Index Fund seeks to track the investment performance of the CRSP US Total Market Index, which represents approximately 100% of the investable U.S. stock market and includes large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq. The group uses proprietary software to implement trading decisions that accommodate cash flow and maintain close correlation with index characteristics. Vanguard’s refined indexing process, combined with low management fees and efficient trading, has provided tight tracking net of expenses.

Fund Facts Asset class Domestic Stock - GeneralCategory Large BlendExpense ratioas of 08/12/2013 0.05% This is 95% lower than the average expense ratio of funds with similar holdings.*Minimum investment $10,000Fund number 0585Fund advisor

Vanguard Equity Investment Group

NAV

Price as of 12/03/2013 $45.43Change –$0.15 –0.33%

SEC yield as of 12/03/2013 1.81% B

Risk potential

VANGUARD TOTAL STOCK MARKET INDEX

EQUITY CHARACTERISTICS

Total Stock Mkt Idx Adm

Number of stocks 3622Median market cap $42.9 billionPrice/earnings ratio 19.8x

Price/book ratio 2.6xReturn on equity 16.8%

Earnings growth rate 10.6%Foreign holdings 0.1%

Turnover rate (as of fiscal year

end December)3.2%

Short-term reserves 0.1%Fund total net assets $287.7 billionShare class total net

assets $81.0 billion

GROWTH OF $10,000

VTASX: RETURNS ANALYSIS

1 Month

3 Month

6 Mont

hYTD 1

Year3

Year5

Year10

Year15

Year20

Year

Total Return (through 11/13)

4.22% 4.98% 11.87%

26.27%

28.72%

16.76%

15.94% 8.02% 5.90% 8.95%

VTSAX : Stock Sector Breakout

Top Holdings

Name Weight Shares

EXXON MOBIL CORP 2.26 63,133,173

APPLE INC 2.09 13,327,076

MICROSOFT CORP 1.46 106,715,947

JOHNSON & JOHNSON 1.35 39,878,968

INTL BUSINESS MACHINES CORP 1.19 15,742,070

GOOGLE INC 1.34 3,849,227

CHEVRON CORP 1.29 27,536,123

WELLS FARGO & CO 1.23 75,191,001

GENERAL ELECTRIC CO 1.35 146,803,658

Fees

Expense Ratio 0.05

% Max Load NA

% Min Load NA

% Deferred Load NA

% Redemption NA

% Max 12 B1 Fee 0.00

% Max Mgt Fee 0.15