Vanguard Mega Cap 300 Index Fund Review
This Vanguard Mega Cap 300 Index Fund Review will explore many of the different aspects of this fund. This fund is for large volume investors that need to place the minimum amount of $5 million to be a part of this fund family. This family consists of three different funds. There is the Vanguard Mega Cap 300 Index Institutional Shares VMCTX, the Vanguard Mega Cap 300 Growth Index Institutional Shares VMGAX, and the Vanguard Mega Cap 300 Value Index Institutional Shares VMVLX.
Each of these funds have expenses of 0.11% and follow a passive managed full replication approach to the index they are attempting to mirror, along with being a domestic fund. This differences lie in which index they follow. The VMGAX follows the MSCI US Large Cap Growth Index, the VMCTX follows the MSCI US Large Cap Index, and the VMVLX follows the MSCI US Large Cap Value Index. Each of these funds closely mirror the performance of their indexes and produced annul returns for the year of over 50% as of the end of February 2010.
Each of these Vanguard funds are staying true to their stated portfolios and matching the performance of their indexes for a solid return on investment so far. None of them can be properly rated or evaluated because they are all less than 3 years old. But this will change next year and if their managers keep with their current level of performances along with the low expenses, these will be solid long-term investments that will bring positive results to those that have made the large investment in them. But like all investments, there are risks and this Vanguard Mega Cap 300 Index Fund Review is positive but hesitant.