Vanguard REIT Mutual Fund (VGSIX)
The main objective of the Vanguard REIT Mutual Fund (VGSIX) is to invest approximately 98% of the fund’s total assets into stocks issued by equity real estate investment trusts. Simply translated, it invests in companies that buy hotels, office buildings, and other real estate property. This fund attempts to mirror the performance of the Morgan Stanly Capital International (MSCI) US REIT index.
As of March 31, 2010, there were a total of 98 stocks in this fund with total assets of $13.1 billion. The ten largest holdings are 43.6% of the total net assets of the fund. 99.5% of the finds are in stocks and 0.5% is still being held in cash.
The one year return of this fund as of march 31, 2010 was at 109.90%. The three year dipped to -10.16 but the five year was 4.10%, and the ten year was at 11.18% returns.
The volatility measure of this fund with the data from the last three years is a Beta at 1.00 and an R squared at 100, with a standard deviation of 40.28. This is considered an above average risk fund with above average returns. Morningstar has it rated with three stars over the life of the fund.
This is a domestic stock sector specific class of mutual fund with the Vanguard Quantitative Equity Group as the fund manager that is lead by Gerard C. O’Reilly since May 13, 1996. This fund has an expense ratio of 0.26%, and it takes a minimum of $3,000 to invest in this fund.
Like most Vanguard Funds it is favored by many in the investment world as solid investments. The Vanguard REIT Mutual Fund (VGSIX) was rated the top Specialty Fund by CNNMoney this year 2010.
For more reference about investments from Vanguard on this site please view Vanguard Mid Cap Growth Fund.
For a resource about ETF”s, please view Direxion ETFs 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 Fidelity Series Small Cap Opportunities Fund Review.
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