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Old 05-08-2007, 05:39 PM
Will Trice
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Default Re: what is the difference in a fund?



Harry K. wrote:
- quote -

> two vanguard funds, VWIGX Vanguard Intl Gro;Inv *and* VWILX Vanguard
> Intl Gro;Adm


> then why did Jaffe only suggest getting out of one (VWILX) and not the
> other (VWIGX)?


Aren't these just two different share classes of the same fund?

-Will

 
Old 05-08-2007, 03:07 PM
Andrew Koenig
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Default Re: what is the difference in a fund?


"Harry K." <hk[at]wham.to> wrote in message
news:5aberdF2ogcncU1[at]mid.individual.net...

- quote -

> both VWIGX and VWILX have same managers and from what I can tell,
> identical portfolios


> then why did Jaffe only suggest getting out of one (VWILX) and not the
> other (VWIGX)?


Oversight, probably. They're the same fund -- the only difference is that
VWILX has a $100K minimum balance instead of $3K for VWIGX, in return for
which it offers a 0.35% expense ratio instead of 0.55% for VWIGX.

  #-1  
Old 05-08-2007, 02:30 PM
Harry K.
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Default what is the difference in a fund?

two vanguard funds, VWIGX Vanguard Intl Gro;Inv *and* VWILX Vanguard Intl Gro;Adm

from this mornings news "..in a radio interview with Chuck Jaffe, MarketWatch senior
columnist, Wiener stressed the importance of sticking with Vanguard's top managers and
best-designed products. ...said he would get out of ..Vanguard International Growth
(VWILX).."

both VWIGX and VWILX have same managers and from what I can tell, identical portfolios

then why did Jaffe only suggest getting out of one (VWILX) and not the other (VWIGX)?

 

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