Vanguard European Stock Index Fund (VEURX)
The Vanguard European Stock Index Fund is one of the benchmarks most investors measure their returns on the European market with like the S& P 500 on the New York Stock Exchange. Countries for which have stock in this portfolio are the United Kingdom, Switzerland, Germany, France, Greece, Italy, Ireland, Netherlands, Norway, Spain, Portugal, Sweden, Austria, Denmark, Finland and Belgium. This Vanguard Mutual Fund was launched in 1975 by the Vanguard Group.
There is a minimum of $3,000 required for investment in this fund. The expense ratio is currently at 0.29% and the fund advisor is the Vanguard Quantitative Equity Group.
The current price as of 9/10/09 is $26.08 which is up 0.73% from the day before. This is a high return, high risk fund with over $10.1 billion in total net assets. The total number of individual stocks that make up the portfolio of this fund is at 482. The top 10 stocks only make up 20.2% of the total holdings.
The top ten stocks of this fund are HSBC Holdings PLC, Nestle SA (registered), BP PLC, Total SA, Banco Santander SA, Roche Holdings AG, Telefonica SA, Vodafone Group PLC, GlaxoSmithKline PLC, and Novartis AG (registered).
Some of the European stock index as of 07/31/09 are were the companies of the stocks are purchased are the United Kingdom are 32.2%, France 16.0%, Germany at 12.1%, Switzerland at 11.6% and Spain at 7.1%.
Year to date the Vanguard European Stock Index Fund is up 27.78, for 1 month it is up 8.67, for 5 years up 6.51 and for 10 years up 3.15.
This Vanguard Mutual Fund is a high return fund but remember that also means a high risk fund.