Any investors hoping to find a Mutual Fund Equity Report fund could think about starting with Vanguard International Growth Investor (
VWIGX Quick Quote VWIGX - Free Report) . VWIGX bears a Zacks Mutual Fund Rank of 2 (Buy), which is based on nine forecasting factors like size, cost, and past performance. History of Fund/Manager
VWIGX is a part of the Vanguard Group family of funds, a company based out of Malvern, PA. The Vanguard International Growth Investor made its debut in September of 1981 and VWIGX has managed to accumulate roughly $6.25 billion in assets, as of the most recently available information. The fund is currently managed by a team of investment professionals.
Investors naturally seek funds with strong performance. This fund carries a 5-year annualized total return of 7.39%, and is in the top third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 6.22%, which places it in the top third during this time-frame.
When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. VWIGX's standard deviation over the past three years is 21.81% compared to the category average of 17.02%. The standard deviation of the fund over the past 5 years is 19.91% compared to the category average of 15.25%. This makes the fund more volatile than its peers over the past half-decade.
With a 5-year beta of 1, the fund is likely to be as volatile as the market average. Alpha is an additional metric to take into consideration, since it represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which in this case, is the S&P 500. VWIGX's 5-year performance has produced a negative alpha of -3.07, which means managers in this portfolio find it difficult to pick securities that generate better-than-benchmark returns.
For investors, taking a closer look at cost-related metrics is key, since costs are increasingly important for mutual fund investing. Competition is heating up in this space, and a lower cost product will likely outperform its otherwise identical counterpart, all things being equal. In terms of fees, VWIGX is a no load fund. It has an expense ratio of 0.44% compared to the category average of 1.15%. VWIGX is actually cheaper than its peers when you consider factors like cost.
Investors need to be aware that with this product, the minimum initial investment is $3,000; each subsequent investment needs to be at least $1.
Overall, Vanguard International Growth Investor ( VWIGX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, this fund looks like a good potential choice for investors right now.
This could just be the start of your research on VWIGXin the Mutual Fund Equity Report category. Consider going to
www.zacks.com/funds/mutual-funds for additional information about this fund, and all the others that we rank as well for additional information. Zacks provides a full suite of tools to help you analyze your portfolio - both funds and stocks - in the most efficient way possible.