Vanguard plans three index funds

The Vanguard Group yesterday filed with the Securities and Exchange Commission to offer three index funds.
SEP 25, 2007
The Vanguard Group yesterday filed with the Securities and Exchange Commission to offer three index funds. They are the Vanguard Mega Cap 300 Index Fund, Vanguard Mega Cap 300 Growth Index Fund, and Vanguard Mega Cap 300 Value Index Fund. All of the funds are based on Morgan Stanley Capital International Indexes. The funds will be managed by Vanguard Quantitative Equity Group, which oversees more than $575 billion in indexed assets. Vanguard currently has 33 exchange-traded funds with $35 billion in assets. Malvern, Pa.-based Vanguard managed more than $1.2 trillion in U.S. mutual fund assets as of August 31.

Latest News

$4.5M raised on trust alone: SEC alleges affinity fraud in merchant lending
$4.5M raised on trust alone: SEC alleges affinity fraud in merchant lending

Investors got projected returns dressed up as real ones, SEC says

Treasury sets auto-enrollment rules for Trump Accounts, potentially adding 60 million more children
Treasury sets auto-enrollment rules for Trump Accounts, potentially adding 60 million more children

Parents must still act to get the $1,000 federal seed and employer contributions, giving financial advisors a role in the rollout.

FINRA bars former LPL broker for stealing $1.7 million from customers
FINRA bars former LPL broker for stealing $1.7 million from customers

FINRA booted Rudy Anguiano from the industry for “conversion - the intentional and unauthorized taking of another person’s property.”

IRS targets 351 ETF conversions in new guidance on tax strategies
IRS targets 351 ETF conversions in new guidance on tax strategies

Notice 2026-62 also flags box spread ETFs and tax-aware fund trades as Treasury opens month-long consultation period.

New York court lets UBS pursue Highland Capital founder over unpaid judgments
New York court lets UBS pursue Highland Capital founder over unpaid judgments

The firm's former general counsel walked away clean

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains