Vanguard Global Equity Fund

This fund allocates capital to a diverse array of companies of varying market capitalizations, operating worldwide. Roughly 50% of its assets are invested in the United States. Its comprehensive portfolio consists of more than 500 individual stocks, spanning over 30 different countries. A distinctive multi-manager approach, involving two separate investment advisors each employing unique strategies, contributes to enhanced portfolio diversification. Beyond standard stock market risks, the fund also carries exposure to currency fluctuations and specific country-related risks. It is an appropriate choice for long-term investors desiring broad international equity exposure and who are comfortable with the increased price swings typical of global markets.