How Does the Vanguard Growth Index Fund Fit Into a Medium-Risk Portfolio?
One of the most effective ways to grow your wealth over time is to invest in low-cost index funds that track major benchmarks such as the S&P 500. Among the diverse universe of available funds, the Vanguard group stands out for its exceptional returns and low fees, thanks to its unique ownership model.
Unlike other fund companies, Vanguard is owned by its funds, which are, in turn, owned by investors. This means that Vanguard operates in the best interest of its shareholders and can offer high-quality exchange-traded funds (ETFs) with minimal costs.
The Vanguard Growth Index Fund (NYSEMKT: VUG) is one of the most popular ETFs from this provider and has many attractive features for growth-oriented investors. It's a large-cap growth fund that has consistently achieved higher returns than the S&P 500 since it was launched in 2004.
Source Fool.com
