Vanguard filed a registration statement with the Securities and Exchange Commission last Monday to offer five additional target retirement funds, expanding its current lineup of five funds plus one income fund, which have a total of $10 billion in assets.

The new funds have maturation dates ending at the end of every decade (2010, 2020, 2030, 2040 and 2050), whereas Vanguard's existing target retirement funds mature in the middle of each decade (2005, 2015, 2025, 2035 and 2045).

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