The company has also lifted the $25,000 annual investment limits on the Vanguard Windsor II and Wellington funds that it had placed on the funds in April of this year due to significant cash flows due to strong performance.
“The measures we put in place to moderate cash flow and protect investors have been successful,” said Vanguard CEO John J. Brennan. “After careful consideration, we feel comfortable removing the restrictions on these funds. We will, of course, remain vigilant to cash flows and asset levels of all our funds to ensure they can be managed effectively.”
Six Vanguard funds, however, remain closed: Explorer, Precious Metals and Mining, Health Care, International Explorer, Primecap and Capital Opportunity.
