ARTICLE: "Vanguard Will Offer a Global Index Fund," by Jonathan Burton, Wall Street Journsl, 3 April 2008, p. C13.
First of its kind for Vanguard.
"The lines between an international and a domestic company have blurred significantly," says a Morningstar exec.
The global index fund is designed to give investors far more aggressive international exposure.
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Comments (2)
Here is the link from vanguard:
https://institutional.vanguard.com/VGApp/iip/Research?Path=PUBNEWS&File=NewsGSIndex.jsp&FW_Activity=ArticleDetailActivity&FW_Event=articleDetail&IIP_INF=BRNewsGSIndex..jsp
"The new fund will seek to track the performance of the FTSE All-World Index, a float adjusted, market capitalization weighted index designed to measure equity market performance of large and mid-capitalization stocks worldwide. The fund will invest in a broadly diversified sampling of securities from the target benchmark, which comprises more than 2,800 large- and mid-cap stocks of companies in 48 countries. Approximately 55% of the index is made up of stocks from outside the United States"
Posted by purpleslog | April 11, 2008 10:41 AM
thanks, ps
Posted by Anonymous
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April 11, 2008 2:30 PM