Vanguard Emerging Markets Select Stock Fund

Frequently Asked Questions About VMMSX

What does VMMSX invest in?

This actively managed fund is designed to provide exposure predominantly to developing markets located beyond the United States, offered at a relatively modest expense. While equities in these emerging regions typically experience greater price swings than those in established economies, this volatility also carries the potential for superior long-term returns. Nevertheless, this opportunity comes with inherent challenges such as currency fluctuations and political uncertainties. It presents a suitable option for long-term, risk-tolerant investors seeking to diversify their global asset allocation.

What is the expense ratio of VMMSX?

Vanguard Emerging Markets Select Stock Fund (VMMSX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VMMSX?

Vanguard Emerging Markets Select Stock Fund (VMMSX) manages $1.20B 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 VMMSX actively managed or an index fund?

VMMSX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VMMSX's is 0.82%) in exchange for the discretion to over- or under-weight positions.

When was VMMSX launched?

Vanguard Emerging Markets Select Stock Fund (VMMSX) launched in June 2011 and is managed by Vanguard.

How has VMMSX performed?

VMMSX'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.