Vanguard U.S. 500 Stock Index Fund An index-related fund 31 July 2014
Transcription
Vanguard U.S. 500 Stock Index Fund An index-related fund 31 July 2014
Fact sheet | 31 July 2014 Vanguard U.S. 500 Stock Index Fund An index-related fund Objective Key fund facts Inception date ISIN SEDOL Bloomberg USD Investor Institutional Plus 04.11.1998 04.11.1998 19.12.2013 IE0002639668 IE0002639775 IE00BFPM9T72 0263966 0263977 BFPM9T7 VANUIVI VANUISI VANUIPU EUR Investor Institutional Plus Institutional Hedged 30.04.2003 26.09.2002 06.12.2013 31.10.2006 IE0032620787 IE0032126645 IE00BFPM9V94 IE00B1G3DH73 3262078 3212664 BFPM9V9 B1G3DH7 VANUIEN VANUIEI VANUIEP VANUSEH Investment strategy Benchmark S&P 500 Index Index ticker SPTR500N Trading frequency (cut-off) Daily (14:00 Irish Time) Domicile Ireland Investment structure UCITS Settlement T+3 Base currency USD Total assets USD (million) 6,493 Investment manager The Vanguard Group, Inc. U.S. Equity Index Team Minimum initial investment (USD*) Investor – 100,000 Institutional – 5,000,000 Plus -- 200,000,000 Performance summary USD—Vanguard U.S. 500 Stock Index Fund The fund employs a “passive management” or indexing investment strategy designed to track the performance of the index by investing in all, or a representative sample, of the securities that make up the index, holding each stock in approximate proportion to its weighting in the index. Total expense ratio Investor shares Net of expenses 25.27% 13.98 1.09 14.81 31.09 2009 2010 2011 2012 2013 The fund seeks to track the performance of the index, a widely recognised benchmark of US stock market performance that is dominated by the stocks of large US companies. Institutional shares Net of expenses 25.38% 14.07 1.18 14.91 31.19 Investor shares Total expense ratio Institutional shares Institutional Hedged Plus shares 0.25% 0.20% 0.20% 0.10% Purchase fee — — — — Redemption fee — — — — Performance USD—Vanguard U.S. 500 Stock Index Fund Benchmark—S&P 500 Index†† Investor shares 1 month 3 months Year to date 1 year 3 years 5 years 10 years Since inception Net of expenses -1.43% 2.80 5.17 15.91 15.70 15.66 6.99 4.59 Gross of expenses -1.41% 2.87 5.32 16.25 16.10 16.08 7.39 4.98 Benchmark -1.42% 2.86 5.30 16.21 16.08 16.05 7.31 4.87 Institutional shares Net of expenses -1.43 % 2.82 5.20 15.98 15.78 15.75 7.07 4.67 Gross of expenses -1.41% 2.87 5.32 16.25 16.10 16.08 7.39 4.98 Benchmark -1.42 % 2.86 5.30 16.21 16.08 16.05 7.31 4.87 The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/americas. *For minimums in other currencies, please refer to our website. ††The S&P 500 Net Total Return Index represents price-plus-net cash dividend return. Net cash dividend equals reinvested dividends less 30% withholding tax. The information contained herein does not constitute an offer or soliciation and may not be treated as such in any jurisdiction when such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. For Institutional Investor Use Only, Not For Public Distribution. Vanguard U.S. 500 Stock Index Fund An index-related fund Sector diversification Characteristics Fund Fund Benchmark 509 501 Median market cap 69.8B 69.8B Consumer Staples Price/earnings ratio 18.8x 18.8x Number of stocks Consumer Discretionary 11.9% Benchmark 11.9% 9.3 9.3 Energy 10.6 10.6 2.7x 2.7x Financials 16.1 16.1 Return on equity 19.1% 18.8% Health Care 13.5 13.5 Earnings growth rate 14.7% 14.7% Industrials 10.2 10.2 Cash investments 0.9% — Information Technology 19.4 19.4 Turnover rate -39% — Materials 3.5 3.5 Equity yield (dividend) 2.0% 2.0% The PTR (Portfolio Turnover Rate) approach considers the total security purchases and sales, the total subscriptions and redemptions and the average net assets of the fund to calculate the turnover figure. Data as at 30 June 2014. Telecommunication Services 2.5 2.5 Utilities 3.0 3.0 100.0% 100.0% Top 10 holdings Volatility Price/book ratio Total R-Squared Beta Apple Inc. 3.3% Investor 1.00 1.00 Exxon Mobil Corp. 2.5 Institutional 1.00 1.00 Google Inc. Class A 1.9 Institutional Hedged 1.00 1.00 Microsoft Corp. 1.9 Johnson & Johnson 1.6 R-squared and beta are calculated from trailing 36-month fund returns relative to the S&P 500 Net Total Return. General Electric Co. 1.5 Chevron Corp. 1.4 Wells Fargo & Co. 1.4 Berkshire Hathaway Inc. Class A 1.3 Fund JPMorgan Chase & Co. Total 1.3 18.1% Beta: A comparison of a fund’s share-price fluctuations to those of an index. The beta of an index is 1.00. The share price of a fund with a beta of 1.20 will rise or fall 12% when the index rises or falls 10%. For this report, beta is based on returns over the past 36 months. A fund's beta should be reviewed in conjunction with its R-squared. A lower R-squared means less correlation between the fund and the index, and the less reliable beta will indicate volatility. R-Squared: A measure of how much of a fund’s past returns can be explained by the returns from the market in general, as measured by a given index. If a fund’s total returns were precisely synchronized with an index’s returns, its R-squared would be 1.00. If the fund’s returns bore no relationship to the index’s returns, its R-squared would be 0. For more information contact your local sales team or: Web: vanguard.com/americas Email (International): international@vanguard.com Tel (International): +1 610 669 6705 Source: The Vanguard Group, Inc. All investing is subject to risk, including possible loss of principal. For more information, contact your broker to obtain a Vanguard fund prospectus that contains investment objectives, risks, charges, expenses, and other information; read and consider it carefully before investing. SEDOL data has been provided from the London Stock Exchange’s SEDOL Masterfile™. ”SEDOL” and ”SEDOL Masterfile” are registered trademarks of the London Stock Exchange. S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates and sublicensed for certain purposes by Vanguard. The S&P Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by Vanguard. The Vanguard fund(s) is not sponsored, endorsed, sold, or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates, and none of S&P Dow Jones Indices LLC, Dow Jones, S&P, nor their respective affiliates makes any representation regarding the advisability of investing in such product(s). © 2014 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor. F9949EN_072014