Vanguard Mid Cap Growth Fund
With the Vanguard Mid Cap Growth Fund (VMGRX) investors have a stake in middle size companies that are sometimes ignored by the big investment firms. This causes some of them to be undervalued and a great chance to make a profit.
This fund has had a one year return performance as of the end of March at 51.35% with a 5 year return of 5.17% and since its inception on December 31, 1997 it has returned 9.64% on investments.
This is an index fund that is set against the Russell Midcap Growth Index. This fund has a total of 102 stocks in its holdings in which the largest ten hold a total of 20.4% of the fund’s assets. The two largest sectors this fund has its investment in are the Information Technology at 25.90% and the Consumer Discretionary at 20.90%. The turnover rate of the stocks in holding annually is at 124.7%.
This fund’s managers are the Chartwell Investment Partners and the William Blair & Company L.L.C. both of which have advised many Vanguard funds since 2006 including this one.
This fund has an expense ratio of 0.60% with volatility measures of a Beta at 0.88 and an R squared of 96 with a standard deviation of 22.35. These figured were compiled from the last three years of data ending on March 31, 2010.
There is a minimum of $10,000 to make an investment in this fund that has a total of $1.3 billion in assets already. In investing terms this is an average risk with average returns mutual fund. The diverse investment strategy of the Vanguard Mid Cap Growth Fund makes it a good fit in most investment portfolios.
For more reference about investments from Vanguard on this site please view Vanguard SEP IRA.
For a resource about ETF”s, please view Alpha ETF Funds which is one our sister site of ETFinvestingblog.com.
Even further resources about mutual funds and other investments from Fidelity on another sister site of ours is mutualfundexplorer.com please view Best Performing Fidelity Mutual Funds.
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.