According to a June 24 registration filing with the Securities and Exchange Commission (SEC), Vanguard is planning 19 new funds with corresponding ETF shares. The move will provide advisors and their clients with additional low-cost stock and bond choices.
The firm will launch a suite of seven new equity funds with ETF shares offering exposure to value, growth, and blend segments of the U.S. stock market benchmarked to the large cap Russell 1000 and the small cap Russell 2000. A broad-market fund with ETF shares pegged to the Russell 3000 Index will also be offered. In addition, Vanguard will complete its S&P lineup with eight new stock funds with ETF shares pegged to the growth, value and blend segments of the S&P 500, S&P MidCap 400 and SmallCap 600.