- What does VIGIX invest in?
- This passively managed, cost-efficient index fund aims to mirror the performance of its broad benchmark by holding nearly all of the underlying securities. It concentrates its investments in shares of sizable American corporations operating within industries that exhibit above-average growth potential compared to the overall market, employing a long-term, low-turnover approach. Beyond the inherent fluctuations of the stock market, a significant risk factor stems from its concentrated exposure to large-capitalization growth equities, which could periodically lag behind the performance of the broader market. For three-quarters of its total assets, the fund is generally prohibited from acquiring more than 10% of any single issuer's outstanding voting stock, nor can it allocate over 5% of its total assets to the securities of any one issuer. An exception to these rules is made when necessary to closely replicate the structure of its benchmark index. These restrictions do not, however, apply to investments in debt instruments issued by the U.S. government or its associated agencies.
- What is the expense ratio of VIGIX?
- Vanguard Growth Index Fund Institutional Shares (VIGIX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VIGIX?
- Vanguard Growth Index Fund Institutional Shares (VIGIX) manages $378.80B 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 VIGIX actively managed or an index fund?
- VIGIX 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 (VIGIX's is 0.03%) because there's no security selection cost.
- When was VIGIX launched?
- Vanguard Growth Index Fund Institutional Shares (VIGIX) launched in May 1998 and is managed by Vanguard.
- How has VIGIX performed?
- VIGIX'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.
