Vanguard Total World Stock Index Fund
In April 2008 Vanguard filed with SEC for the Vanguard Global Stock Index Fund. In June 2008 its filings changed the name to Vanguard Total World Stock Index Fund. On July 16, it released the stock symbols for all three share classes:
Fund # 0628, Ticker Symbol VTWSX, Investors, $3K
Fund # 0826, Ticker Symbol VTWIX, Institutional, $5M
Fund # 3141, Ticker Symbol VT, ETF
It has an inception date of 06/17/2008. I called Vanguard yesterday to find out when the fund would be available for investors. The Vanguard representative said that they did not have the fund information yet. He also asked me to check it back in two weeks.
The fund will track FTSE All World Index. This index has 2900 components distributed among 48 countries. The largest five countries and associated weights are US (41%), UK (9%), Japan (9%), France (5%), and Germany (4%).
It has a 0.25% purchase fees. The management fees are 0.45% for investor shares. The management fees are slightly lower for the other two classes.
It is the first such kind of fund in mutual funds. I think these funds will become popular among investors to simplify their life of investing in the stock markets of the world. I may consider to start with the investor shares when it becomes available to purchase.
It is available to purchase on 06/26/2008. I bought some shares in this fund.
Fund # 0628, Ticker Symbol VTWSX, Investors, $3K
Fund # 0826, Ticker Symbol VTWIX, Institutional, $5M
Fund # 3141, Ticker Symbol VT, ETF
It has an inception date of 06/17/2008. I called Vanguard yesterday to find out when the fund would be available for investors. The Vanguard representative said that they did not have the fund information yet. He also asked me to check it back in two weeks.
The fund will track FTSE All World Index. This index has 2900 components distributed among 48 countries. The largest five countries and associated weights are US (41%), UK (9%), Japan (9%), France (5%), and Germany (4%).
It has a 0.25% purchase fees. The management fees are 0.45% for investor shares. The management fees are slightly lower for the other two classes.
It is the first such kind of fund in mutual funds. I think these funds will become popular among investors to simplify their life of investing in the stock markets of the world. I may consider to start with the investor shares when it becomes available to purchase.
It is available to purchase on 06/26/2008. I bought some shares in this fund.
posted by Unknown at 8:38 AM
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