Vanguard International Growth Fund (VWIGX) Review
Looking for a Vanguard International Growth Fund (VWIGX) Review, you found it. This fund is Vanguards investment in non domestic stocks of companies that have the potential of growth in the future. Companies that make up this mutual fund are in both developed and still developing markets. The fund managers are hand picking stocks they feel will outperform all others. This increases the possibility of higher returns but also increases the risk. There is a $3000 minimum deposit to invest in this fund.
As of 10/1/09 the stock price was at $16.16. The actual make up of the portfolio companies are 21.1% from emerging markets, 53.8% from Europe, 23.8% for the Pacific and 1.3% from North America. The total net assets of this fund are $14.2 billion and there are 177 different companies whose stock is a part of it.
The largest 10 companies make up 17.0% of the overall holdings. Those companies are SAP AG, Tesco PLC, Petroleo Brasileiro SA Series A ADR, Teva Pharmaceutical Industries Ltd. Sponsored ADR, Canon, Inc., HSBC Holdings PLC, BG Group PLC, Nestle SA, Syngenta AG and L’Oreal SA.
This fund was created in 1981and has had a net return before taxes of 11.23% since that time. Over the past 5 years this fund has netted its investors a return before taxes of 7.52%. During this past year and the economic recession this mutual fund out preformed most by netting a gain of 4.34%
The 52 week low of this stock was $9.42 and the high was $16.81.
This is one of the best Vanguard funds and a performer even during an economic recession. The managers of the Vanguard International Growth Fund (VWIGX) are at present managing this fund correctly.