MutualFundWire.com: Vanguard Reveals New Numbers
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Wednesday, December 23, 2009

Vanguard Reveals New Numbers


Vanguard officials said Wednesday that this year through November, net inflows into the Valley Forge, Pennsylvania-based firm's funds and ETFs totaled $93.2 billion.

Of that total, $73 billion went to bond funds and $40 billion to stock funds. Yet Vanguard's money market funds recorded $21.5 billion in outflows while balanced funds chalked up net inflows of $1.7 billion.

In other Vanguard news, the firm on Wednesday started rolling out a summary prospectus. It has also debuted a new section on its Web site called "Insights", which offers information on the markets and the economy, retirement, investing and taxes.

Meanwhile, Vanguard is again offering shareholders access to TurboTax at a discount.


Printed from: MFWire.com/story.asp?s=23622

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