Vanguard Group has a new international fund, the Vanguard Total World Stock Index Fund.
It tracks the investment performance of the FTSE all-world index, which includes approximately 2,900 stocks in 47 countries. It is available in three share classes, the company said Thursday: exchange-traded fund shares, investor shares, and institutional shares.
This is the fourth Vanguard fund that tracks an FTSE International Ltd. index.
The other three are the Vanguard FTSE Social Index Fund, the Vanguard High Dividend Yield Index Fund, and the Vanguard FTSE All-World ex-US Index Fund. The All-World fund has gathered nearly $2.7 billion of net assets since its introduction in March 2007, including nearly $2 billion in ETF shares.
Vanguard, of Valley Forge, Pa., now has 52 index funds and 38 exchange-traded funds. It has more than $620 billion in indexed assets, including more than $50 billion in exchange-traded fund assets.
Vanguard has $1.3 trillion of total assets under management.
