In this video, we take a look at the best vanguard growth mutual funds in 2023, and discuss why you should invest into a vanguard mutual fund vs etf offerings, as well as find out why this is the best vanguard investment strategy in 2023. 📷 My Instagram: https://www.instagram.com/shervinhouse/ My Equipment: 📷 Camera - Canon EOS 80D: https://amzn.to/3a3tgE0 🔺 Tripod - Geekoto 77" Aluminum: https://amzn.to/3AeB0ha 🟩 Green Screen - Elegato Collapsible Green Screen: https://amzn.to/3nrRLxP 💾 SD Card - Samsung 512 GB: https://amzn.to/3OSE7ja 💻 SSD External Storage - Samsung 1 TB: https://amzn.to/3yvpnkN In this video we mostly focus on two high return Vanguard Mutual Funds, as they are by far the best reliably returning Vanguard Investments in 2023. But first, let's go over what mutual funds are. To quickly have mutual funds explained, they are investment funds that are managed by investing professionals, which aim to manage your invested money in a way to increase your return while also managing your risk. The ultimate goal of a good mutual fund is to produce a higher return rate over the long term, than that of a broad index fund such as the S&P 500, which on average returns about 11% a year. In this video, we take a look at two promising mutual fund offered by Vanguard, which have shown that they can achieve this goal over the long term. These mutual funds are offered by Vanguard and are available to everyone from any country, and in this video we are going to find out why they are worth investing for everyone. For my Canadian audience in particular who are looking for the best mutual funds in Canada, there are no local offerings that are anywhere near as good of an investment. The first mutual fund is VITAX, which is the Vanguard IT Mutual Fund. This mutual fund is made up primarily of IT stocks, in face some of the most prominent holdings includes the likes of: * Apple * Microsoft * NVIDIA * Visa * Mastercard * Adobe Now over the past 5 years, this mutual fund averaged a return rate of approximately 28.59%, and over the past 10 years, it averaged a 21.76% return. Both these numbers are far greater than the average return rate of the S&P 500, which is approximately 11% a year. In fact, since the start of this fund in 2004, it has averaged a 14.30% return rate a year, which is once again, higher than what a broad index fund would produce, when comparing the mutual funds vs index funds. Although, this mutual fund has a minimum investment requirement of $100,000, which is likely more than most can afford to invest. That said, Vanguard also offers an ETF of this mutual fund, named VGT, which performs the same as the fund by tracking it, and as of the day of recording, it is worth $419 a share. The next mutual fund we take a look at is VCDAX, which is the Vanguard Consumer Discretionary Mutual Fund. This fund is made up primarily of companies that either manufacture products or provide services. The most prominent holdings of this fun includes the likes of: * Amazon * Tesla * Home Depot * NIKE * McDonald's * Starbucks Over the past 5 years, this mutual fund averaged a return rate of 19.77% a year, and over the past 10 years, it averaged a return of 18.24%. If you go all the way back to when the fund started in 2005, it has produced a 12.43% yearly return, which once again is considerably higher than what a broad index fund such as the S&P 500 can perform for the long term. Hence once again, if you are looking for the best mutual funds to invest in, as well as the best mutual funds for the long term, this fund is a promising choice. Once again, the minimum investment required for this fund is $100,000, but you may also get these amazing returns by investing into the ETF of this fund, VCR, which at the time of the recording is worth about $310 a share. 0:00 Intro 1:13 VITAX 2:48 ETF Version (VGT) 3:18 VCDAX 4:30 ETF Version (VCR) 4:44 Outro