- What does VEMAX invest in?
- This investment vehicle provides shareholders with an economical avenue for gaining exposure to the equity markets of developing nations. While stocks from emerging economies often display greater price fluctuations compared to those in established countries, this heightened volatility offers the potential for superior long-term capital appreciation. However, it also introduces inherent risks, including exchange rate instability and geopolitical uncertainties. Consequently, it is best suited for patient investors with a higher risk tolerance who aim to broaden their global portfolio's reach. Regarding 75% of its total holdings, the fund operates under specific concentration limits. It is generally prohibited from acquiring more than 10% of the voting shares of any single company, nor can it allocate over 5% of its entire asset base to the securities of a lone issuer. An exception to these rules applies if such investments are necessary to accurately replicate the composition of its benchmark index. These restrictions do not, however, extend to obligations issued by the U.S. government or its associated entities.
- What is the expense ratio of VEMAX?
- Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) charges an expense ratio of 0.13%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VEMAX?
- Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) manages $163.30B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is VEMAX actively managed or an index fund?
- VEMAX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VEMAX's is 0.13%) because there's no security selection cost.
- When was VEMAX launched?
- Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) launched in June 2006 and is managed by Vanguard.
- How has VEMAX performed?
- VEMAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
