Vanguard Total International Stock Index Fund
Click to Enlarge Assets: $48.7 billion
Expenses: 0.22%, or $2.20 on every $1,000 you invest
YTD Performance: +2.1%
10-Year Performance: An average of +7.3% per year.
The Vanguard Total International Stock Index Fund (VGTSX) is one of the 25 largest mutual funds that exist, with a massive $48.7 billion in assets under management.
But you don’t have to pay a bundle to join this popular club, because expenses are dirt cheap at just 0.22% of your investments.
That’s because Vanguard is using its familiar index fun formula to keep costs low and to get out of the way. After all, if you want international exposure broadly, why would you overthink it by hiring a bunch of high-priced managers to go globetrotting? Instead, Vanguard has benchmarked this fund to the FTSE Global All Cap ex US Index. In a nutshell, that means it invests in large and small companies anywhere in the world … so long as the investment isn’t in the U.S.
Top individual holdings right now include Swiss consumer giant Nestle (NSRGY), U.K. financial giant HSBC (HBC) and Japanese automaker Toyota (TM), among others. However, no single holding is worth more than 1.13% of the portfolio as of March 31.
As for allocation by region, as of Q1 the fund was 47.5% in Europe, 27.3% in developed Asia and 17.6% in emerging markets with a smattering of other holdings elsewhere around the globe.
Read more about the Vanguard Total International Stock Index Funds here.