Vanguard International VIPERs Commence Trading on American Stock Exchange.VALLEY FORGE Valley Forge, on the Schuylkill River, SE Pa., NW of Philadelphia. There, during the American Revolution, the main camp of the Continental Army was established (Dec., 1777–June, 1778) under the command of Gen. George Washington. , Pa. -- The exchange-traded fund Exchange-traded funds (or ETFs) are Open Ended investment companies that can be traded at any time throughout the course of the day. Typically, ETFs try to replicate a stock market index such as the S&P 500 (e.g. versions for three Vanguard(R) international index funds commenced trading on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. today. The new VIPER viper, any of a large number of heavy-bodied, poisonous snakes of the family Viperidae, characterized by erectile, hypodermic fangs. The fangs are folded back against the roof of the mouth except when the snake strikes. (R) Shares feature expense ratios as low as 0.18%. The three international VIPERs are as follows:
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VIPER Shares Ticker Expense Ratio
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Vanguard European VIPERs(R) seek to track the VGK 0.18%
performance of the MSCI Europe Index, which is
made up of stocks from 16 European countries.
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Vanguard Pacific VIPERs(R) seek to track the VPL 0.18%
performance of the MSCI Pacific Index, which
is made up of stocks from companies in Japan,
Hong Kong, Australia, New Zealand, and
Singapore.
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Vanguard Emerging Markets VIPERs(R) seek to VWO 0.30%
track the performance of the Select Emerging
Markets Index, which consists of stocks that
can be bought free of restrictions in 18
emerging markets in Europe, Asia, Africa, and
Latin America.
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The addition of the international VIPERs brings Vanguard's ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). line-up to 23 offerings, with nine tracking broad domestic stock markets, eleven tracking specific domestic stock sectors, and three tracking broad international stock markets. Vanguard now offers one of the broadest arrays of ETFs on the marketplace and manages nearly $7 billion in ETF assets. All VIPERs trade on the American Stock Exchange. "We are delighted that Vanguard has chosen the AMEX AMEX See: American Stock Exchange as the home for its VIPERs trading," said Neal Wolkoff, acting CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the American Stock Exchange. "Being a worldwide leader in exchange-traded funds, we look forward to serving Vanguard and the variety of investors who utilize VIPERs as part of their investment strategy." The Vanguard Group, headquartered in Valley Forge, Pennsylvania This article is about the Village of Valley Forge, in southeastern Pennsylvania. For other uses, see Valley Forge (disambiguation). The Village of Valley Forge is an unincorporated settlement located on the west side of Valley Forge National Historical Park at the , is the nation's second largest mutual fund firm and a leading provider of company sponsored retirement plan services. Vanguard manages more than $830 billion in U.S. mutual fund assets Fund assets The total value of a portfolio's securities, cash, and other holdings, minus any outstanding debts. , in 129 funds. For more information about Vanguard VIPER Shares, visit www.vanguard.com, call 866-499-VIPER, or contact your broker to obtain a product description and prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in these documents; read and consider them carefully before investing. VIPER Shares can be bought and sold only through a broker (who may charge a commission) and cannot be redeemed with the issuing fund. The market price of VIPER Shares may be more or less than net asset value. All VIPER products are subject to stock market risk, which may result in the loss of principal. Vanguard, VIPER, VIPERs and the ship logo are trademarks of The Vanguard Group, Inc. VIPERS Patent Pending. Vanguard Marketing Corporation, Distributor The funds or securities referred to herein that are offered by The Vanguard Group and track an MSCI index are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities. For such funds or securities, the prospectus or the Statement of Additional Information Statement of Additional Information (SAI) A document provided as a supplement to a mutual fund prospectus. It provides more detailed information about fund policies, operations, and risks. Also known as a Part B prospectus. contains a more detailed description of the limited relationship MSCI has with The Vanguard Group. All other marks are the exclusive property of their respective owners. |
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