0000932471-15-008404.txt : 20151118 0000932471-15-008404.hdr.sgml : 20151118 20151118131512 ACCESSION NUMBER: 0000932471-15-008404 CONFORMED SUBMISSION TYPE: 40-17F2 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20151118 DATE AS OF CHANGE: 20151118 EFFECTIVENESS DATE: 20151118 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD CHESTER FUNDS CENTRAL INDEX KEY: 0000752177 IRS NUMBER: 232311358 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 40-17F2 SEC ACT: 1940 Act SEC FILE NUMBER: 811-04098 FILM NUMBER: 151240231 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: P.O. BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD PRIMECAP FUND/ DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD/PRIMECAP FUND INC DATE OF NAME CHANGE: 19940608 FORMER COMPANY: FORMER CONFORMED NAME: PRIMECAP FUND INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17F2 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 40-17F2 1 chesterfunds_final.htm chesterfunds_final.htm - Generated by SEC Publisher for SEC Filing
U.S. Securities and Exchange Commission
Washington, D.C. 20549
 
 
FORM N-17f-2
 
 
Certificate of Accounting of Securities and Similar
Investments in the Custody of
Management Investment Companies
 
Pursuant to Rule 17f-2 [17 CFR 270.17f-2]

 

1, Investment Company Act File Number: 811-04098      Date examination completed:  September 30, 2015
       
2. State Identification Number:        
   AL  AK  AZ  AR  CA  CO
   CT  DE  DC  FL  GA  HI
   ID  IL  IN  IA  KS  KY
   LA  ME  MD  MA  MI  MN
   MS  MO  MT  NE  NV  NH
   NJ  NM  NY  NC  ND  OH
   OK  OR  PA  RI  SC  SD
   TN  TX  UT  VT  VA  WA
   WV  WI  WY  PUERTO RICO
  Other (specify):          
   
3. Exact name of investment company as specified in registration statement:
 Vanguard Target Retirement 2010 Fund
 Vanguard Target Retirement 2015 Fund
 Vanguard Target Retirement 2020 Fund
 Vanguard Target Retirement 2025 Fund
 Vanguard Target Retirement 2030 Fund
 Vanguard Target Retirement 2035 Fund
 Vanguard Target Retirement 2040 Fund
 Vanguard Target Retirement 2045 Fund
 Vanguard Target Retirement 2050 Fund
 Vanguard Target Retirement 2055 Fund
 Vanguard Target Retirement 2060 Fund
 Vanguard Target Retirement Income Fund
 Vanguard Institutional Target Retirement Income Fund
 Vanguard Institutional Target Retirement 2010 Fund
 Vanguard Institutional Target Retirement 2015 Fund
 Vanguard Institutional Target Retirement 2020Fund
 Vanguard Institutional Target Retirement 2025 Fund
 Vanguard Institutional Target Retirement 2030 Fund
 Vanguard Institutional Target Retirement 2035 Fund
 Vanguard Institutional Target Retirement 2040 Fund
 Vanguard Institutional Target Retirement 2045 Fund
 Vanguard Institutional Target Retirement 2050 Fund
 Vanguard Institutional Target Retirement 2055 Fund
 Vanguard Institutional Target Retirement 2060 Fund
4. Address of principal executive office: (number, street, city, state, zip code)
 100 Vanguard Boulevard, Malvern, PA 19355
       

 

 


Report of Independent Registered Public Accounting Firm

To the Board of Trustees of the Vanguard Funds:

We have examined management's assertion, included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940, that the Vanguard Funds listed within Attachment A (the “Funds”) complied with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 (“the Act”) as of September 30, 2015. Management is responsible for the Funds’ compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Funds’ compliance based on our examination.

Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Funds’ compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of September 30, 2015, and with respect to agreement of security purchases and sales, for the period from August 25, 2015 through September 30, 2015:

· Confirmation of securities held by VAST, the Funds’ transfer agent, in book entry form;
· Reconciliation of all such securities to the books and records of the Funds and VAST; and
· Agreement of 16 security purchases and 16 security sales between August 25, 2015 and September 30, 2015, from the books and records of the Funds to VAST.

We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Funds’ compliance with specified requirements.

In our opinion, management's assertion that the Vanguard Funds listed within Attachment A complied with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of September 30, 2015 with respect to securities reflected in the investment accounts of the Funds is fairly stated, in all material respects.

This report is intended solely for the information and use of management and the Board of Trustees of the Vanguard Funds and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/PricewaterhouseCoopers LLP

November 10, 2015

 

PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-
7042
T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us

 

  Attachment A
Vanguard Fund of Funds Period
 
Vanguard Chester Funds:  
Vanguard Target Retirement 2010 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2015 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2020 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2025 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2030 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2035 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2040 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2045 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2050 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2055 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2060 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement Income Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement Income Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2010 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2015 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2020 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2025 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2030 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2035 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2040 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2045 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2050 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2055 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2060 Fund 8/25/2015 – 9/30/2015

 


Management Statement Regarding Compliance with Certain
Provisions of the Investment Company Act of 1940

We, as members of management of the Vanguard Funds listed within Attachment A (the “Funds”), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, Custody of Investments by Registered Management Investment Companies, of the Investment Company Act of 1940. We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Funds’ compliance with the requirements of subsection (b) and (c) of Rule 17f-2 as of September 30, 2015, and from August 25, 2015 through September 30, 2015.

Based on this evaluation, we assert that the Funds were in compliance with the requirements of subsection (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of September 30, 2015, and from August 25, 2015 through September 30, 2015, with respect to securities reflected in the investment accounts of the Funds.

The Vanguard Funds
 
 
By:    /s/ F. William McNabb III
F. William McNabb III
Chairman and Chief Executive Officer for each
of the Funds
 
November 10, 2015
Date
 
 
 
By:    /s/ Thomas J. Higgins
Thomas J. Higgins
Chief Financial Officer for each of the Funds
 
November 10, 2015
Date

 

 

  Attachment A
Vanguard Fund of Funds Period
Vanguard Chester Funds:  
Vanguard Target Retirement 2010 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2015 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2020 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2025 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2030 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2035 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2040 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2045 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2050 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2055 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement 2060 Fund 8/25/2015 – 9/30/2015
Vanguard Target Retirement Income Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement Income Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2010 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2015 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2020 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2025 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2030 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2035 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2040 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2045 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2050 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2055 Fund 8/25/2015 – 9/30/2015
Vanguard Institutional Target Retirement 2060 Fund 8/25/2015 – 9/30/2015

 

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