We'd like to hear your comments and answer your questions about this site or your subscription to Independent Adviser for Vanguard Investors. Please contact us by filling out the form below. You may also contact us by calling 1-800-211-7641. Please note that fields marked with an asterisk are required.
Sell. This fund of funds tracks the Morgan Stanley EAFE index by investing in European Index (currently about 70% of assets) and Pacific Index (the remaining 30%). It's similar to Tax-Managed International, which tracks the same index, though that fund buys stocks directly and comes with a higher minimum and more onerous back-end loads. Performance for the two has been virtually identical. Yet both ignore the emerging markets component that one finds in Total International or World ex-U.S. Index. And there's the rub. If you buy into the indexers' credo that one should index "all" markets rather than a slice of the pie, then this fund is a non-starter.
| Models | October | Year to Date |
| Growth | -2.4% | 23.0% |
| Conservative Growth | -2.1% | 19.1% |
| Income | -0.4% | 16.5% |
| Growth Index | -2.7% | 22.5% |
| The average Vanguard investor |
-1.3% | 13.8% |
Copyright © 2009 InvestorPlace Media, LLC. All rights reserved.
700 Indian Springs Drive, Lancaster, PA 17601
A service of the Fund Family Shareholder Association. The Independent Adviser for Vanguard Investors and FFSA are completely independent of The Vanguard Group ®. Vanguard®, The Vanguard Group®, and The Vanguard Group of Investment Companies® are service marks of The Vanguard Group®. FFSA is not affiliated with or endorsed by The Vanguard Group®, The Vanguard Group of Investment Companies®, or any Vanguard® mutual fund.
