MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, November 30, 2007 Vanguard to Roll Out Three New Funds-of-Funds that Focus on Distribution Vanguard has filed to launch three new managed payout, fund-of-funds. In a an SEC filing dated November 28, Vanguard filed to launch the Vanguard Managed Payout Growth Focus Fund, Vanguard Managed Payout Growth and Distribution Fund and the Vanguard Managed Payout Distribution Focus Fund. The funds, which will be part of Vanguard's retirement income line-up, will invest in Vanguard's stock and bond index funds, money-market funds, commodity-based investments, market neutral instruments and an absolute return fund managed by Vanguard. The expense ratios for the funds are: 58 bps for the Growth Focus Fund, 58 bps for the Growth and Distribution Fund and 57 bps for the Distribution Focus Fund. Printed from: MFWire.com/story.asp?s=16639 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |