Vanguard unveils ETFs on NYSE Arca

Dec 21, 2007 @ 12:54 pm

By Aaron Siegel

The Vanguard Group Inc. has launched three new exchange traded funds on the NYSE Arca today, which seek to track three MSCI Indexes.

The Vanguard Mega Cap 300 Index Fund, which is listed under the ticker symbol "MGV," seeks to track the MSCI US Large Cap 300 Index.

The Vanguard Mega Cap 300 Growth Index Fund, which is listed under the ticker symbol "MGC," seeks to track the MSCI US Large Cap Growth Index.

The Vanguard Mega Cap 300 Value Index Fund, which is listed under the ticker symbol "MGK," seeks to track the MSCI US Large Cap Value Index.

Each of the funds carries an expense ratio of 0.13%.

With the launches, Malvern, Pa.-based now has 37 exchange traded funds and manages nearly $1.3 trillion in U.S. mutual fund assets as of Nov. 30.

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

Retirement: it's no longer about feeding pigeons from a park bench.

Today's retiree's expect so much from retirement than previous generations and advisers are in prime position to help their clients what's important and what's not.

Latest news & opinion

Genstar Capital buys majority stake in Cetera Financial Group

The private-equity firm has previously invested in such companies as Mercer Advisors and AssetMark.

Cetera Financial Group close to announcing its acquisition by private equity

Details of sale to one or more P-E firms could be announced as early as today.

10 best states for retirement

When it comes to places to retire, here are the 10 best states for enjoying your golden years.

Focus Financial raises goal for IPO to $600 million

Company's revised goal from $100 million could be a sign RIA valuations are rising.

CFA Institute adding crypto, blockchain to curriculum

Subjects will be added to its Level I and II coursework for the first time next year.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print