Vanguard Russell 2000 Index Fund
The new Vanguard Russell 2000 Index Fund was just introduced on September 20, 2010. There are two variations to this investment. There is the ETF (VTWO) and the mutual fund with institutional shares (VRTIX).
Both of these Vanguard Funds look to track the performance of the Russell 2000 index. This is an index that tracks the domestic market on small cap companies. The invested companies are both in the growth and the value categories and both of these investments are considered a small blend type.
The management strategy of both of these investments is of passive involvement of management. This has helped keep the expense ratios to a minimum. The expense ratio of VTWO is 0.15% and the VRTIX is 0.08%.
The minimum amount an investor can place in the VRTIX is $5,000,000. The VTWO is sold by the share which currently is at $53.27 on September 28, 2010 but these shares can only be purchased through a broker at this time.
Because these investments are so new there is no historical data to report. The advisor for these funds is the Vanguard Quantitative Equity Group. This group is overseen by George U. Sauter. The head and CFA of this group is Sandip A. Bhagat.
The Vanguard Russell 2000 Index Fund is new but investors are placing their money in both. Do your research before deciding if either of these funds are right for you.
For more reference about investments from Vanguard on this site please New Vanguard S&P500 ETF.
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