Vanguard International Growth
To give credit where it’s due, Dan Wiener and Jeff DeMaso actually suggested the Vanguard International Growth Fund (MUTF:VWIGX) back on Dec. 13. Just consider this a reiteration of their call … though I’ll add my two (philosophical) cents.
As domestic investors become more savvy and informed, it’s more difficult to find domestic opportunities that haven’t first been discovered by someone else. It’s a dilemma even the professional fund managers face. The solution is to look overseas — and in emerging markets in particular — where markets still aren’t as efficient as the U.S. market is when it comes to the proliferation of information.
Ergo, you’ve got a potential “edge” when picking foreign investments. It may just be easier to enjoy that edge through the Vanguard International Growth Fund.
As of this writing, James Brumley did not own a position in any of the aforementioned securities.