Previously, the fund was structured as a fund-of-funds and invested in Vanguards European Stock Index, Pacific Stock Index and Emerging Markets Stock Index funds.
Investment a portion of the fund directly in stocks affords Vanguard greater portfolio management flexibility and brings several benefits to shareholders, including the potential for greater tracking precision and tax efficiency, Vanguard said in a statement.
The change will affect about half of the funds current holdings.
Lack of communication can breed conflict, but offering an outside perspective can smooth over family conflicts.
The deal to buy Natixis' overlay management services comes amid a general push by the St. Louis-based firm to broaden its appeal to HNW clients.
The momentum is clearly accelerating behind registered investment advisory firms, but every individual team's choice requires careful consideration.
The Senate narrowly approved President Trump's tax bill after Vice President JD Vance cast a tie-breaking vote following no votes from three Republican senators.
A FINRA arbitration panel's decision marked a rare rebuke for a large wealth manager seeking to reclaim money it provided an advisor recruited from a rival.
Politics are playing an outsize role in portfolio management. Here's how experts see the fixed-income sector changing under the pending One Big Beautiful Bill Act.
