- What does VMNVX invest in?
- This fund primarily allocates its capital to a selection of U.S. and international equities, with the specific aim of achieving lower volatility compared to the broad global equity market. To achieve this, it carefully evaluates the risk profiles and diversification potential of individual stocks. Additionally, the fund actively seeks to mitigate the majority of currency exposure stemming from its non-U.S. investments through hedging strategies. While its primary objective is to temper the overall fluctuations inherent in global stock investing, it's crucial for investors to understand that this strategy is not designed to outperform, or even consistently match, the performance of the overall global equity market over extended periods. Typically, one can anticipate a minimum volatility fund to demonstrate greater resilience and potentially outperform the broader market during significant downturns, yet conversely, it may lag behind during robust bull market phases.
- What is the expense ratio of VMNVX?
- Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) charges an expense ratio of 0.14%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is VMNVX?
- Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) manages $2.00B 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 VMNVX actively managed or an index fund?
- VMNVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was VMNVX launched?
- Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) launched in December 2013 and is managed by Vanguard.
- How has VMNVX performed?
- VMNVX'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.
