Yes. The updated portfolios still reflect our fundamental investing philosophy: a passive investment strategy — investing in a diversified portfolio of low-cost funds and holding onto those investments for a long time, no matter what the market does — is the best strategy for the vast majority of people.

But even a passive approach requires research, decision-making, and analysis. Our investment team puts in a lot of time and expertise to build portfolios that are diversified and low cost. The changes we’re making are to increase the diversification of your portfolio, and we believe these updates will better help you achieve your long-term investing goals.