It seems Vanguard is putting more focus on global investing. The Valley-Forge company has filed to launch a second fund that tracks the FTSE All-World Index, just weeks after it filed for its first global index fund.

The first fund, the Vanguard Global Stock Index Fund, is scheduled to launch sometime this quarter, while the latest global fund, the Vanguard Total World Stock Index Fund, is slated to launch June 17, according the the SEC filing.

The expense ratios for the Total World Stock Index Fund will be 45 bps for investor shares. The fund will also be offered in institutional and ETF shares, but no expense ratios have yet been announced for them.  

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