The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Vanguard To Launch Small-Cap Fund Not Rated 1.5 Email Routing List Email & Route  Print Print
Thursday, April 20, 2006

Vanguard To Launch Small-Cap Fund

by: Armie Margaret Lee

Vanguard is adding another active quantitative offering to its lineup. The Valley Forge, Pennsylvania-based firm will roll out the Vanguard Strategic Small-Cap Equity Fund, the second actively managed stock fund entirely advised by its quantitative equity group, in the next few weeks.

The subscription period for the fund kicks off on April 20 and will end on or before May 5, at which time the fund will be launched.

Vanguard's quantitative equity group, which currently oversees close to $400 billion in index fund assets and $20 billion in active quantitative equity fund assets, will make use of computer-driven models to pick stocks in the Morgan Stanley Capital International U.S. Small-Cap Index. The group has served as the sole advisor to the Vanguard Strategic Equity Fund since its launch in 1995 and manages portions of other active Vanguard equity funds, including the Windsor II Fund, the Morgan Growth Fund and the Explorer.

The estimated expense ratio for the Strategic Small-Cap Equity Fund is 0.40 percent. The fund, which will be managed by James Stetler, will require a minimum initial investment of $3,000 for regular and IRA accounts.

"The new Strategic Small-Cap Fund reflects our growing focus on active quantitative equity management strategies," said Gus Sauter, chief investment officer at Vanguard, in a statement.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use