If you own any Vanguard funds, please read this carefully. Several of Vanguard’s biggest, most popular funds are among the most vulnerable you can own now.

They are overexposed to the huge risks of the stock market as a whole.

Some are overexposed in technology — often because they are handcuffed to one of the tech-heavy indexes. Yet these are not what any investor would have thought of as “technology funds!”

Some have inexperienced managers, or management-by-committee, which invariably leads to mediocrity.

Some were excellent funds when they were smaller, but they’ve grown unwieldy. They can’t make the nimble turns that they used to be able to make, which means they sail right into trouble!

And some appear to offer fair returns, except when you examine their after-tax results, which turn out to be terrible.

In each case, you’d be much better off in other Vanguard funds. Better off and safer, too!

Sell these funds now. Not tomorrow. Not next week. Now, today.

NOTE: These Vanguard funds are part of a new report just released by Dan Wiener called 25 Vanguard Funds to Sell Immediately. Dan strongly recommends selling each of these funds right away. So don’t wait! Click here to download this report now.

See How Risky Your Funds Really Are in 5 Seconds

Too many Vanguard investors believe that their funds carry little if any risk, at least over the proverbial long haul. Nothing could be further from the truth.

What Vanguard management doesn’t want you to know is that many Vanguard funds are EXTREMELY risky. In fact, they could spell disaster for your portfolio if you’re not careful.

For example, you might expect that Information Technology Index, like all sector funds, would have extreme volatility. But what about Midcap Growth? Or U.S. Growth?

Even more important…

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What is the best way to measure a fund’s overall risk?

After all, measuring risk isn’t easy. Conventional formulas are complex and clumsy. And their values change daily.

I was so dissatisfied with the standard risk-measuring tools that I took a dramatic step: I developed my own measure of a fund’s risk. It’s called Maximum Cumulative Loss, or MCL for short.

(To learn more, read How Much Can Your Mutual Funds Lose?)

What this means is that one simple number tells you what a fund’s absolute greatest loss has been during any specific period.

So you know precisely how risky the fund is. It’s especially helpful to use when you’re comparing one fund to another to decide which to buy — or sell.

For example, Information Technology Index has a Maximum Cumulative Loss of -81.2%. U.S. Growth has an MCL of -70.6%.

I don’t know about you, but I consider a loss of 70% of your portfolio to be an unacceptable risk — especially when there are high-performing alternatives that carry MCLs of less than half that.

You can easily check the MCL of ALL Vanguard funds simply by accepting a two-year risk-free trial of The Independent Adviser for Vanguard Investorsand getting your FREE copy of The Independent Guide to the Vanguard Funds. Click here to join today.