The Vanguard Alternative Strategies Fund Investor (VASFX) is a mutual fund that aims to provide investors with exposure to alternative investment strategies. This fund seeks to diversify its portfolio by investing in a variety of non-traditional assets, such as real estate, commodities, and private equity. It is managed by Vanguard, a reputable investment management company known for its low-cost index funds. VASFX is suitable for investors looking to add alternative investments to their portfolio and potentially achieve higher returns.