Vanguard closing VGPMX

HFWR · 02-02-2006, 09:09 PM

http://tinyurl.com/dr8ym

How's that for a link?

EDIT: Shortened URL

Rosalita · 02-02-2006, 09:34 PM

What does it mean when a fund is closed out?

**REWahoo** · 02-02-2006, 09:38 PM

It isn't closed "out", it is closed to new investors. If you are already in the fund you can stay and continue to put money into it, although they may limit how much new money you can add.

HFWR · 02-02-2006, 09:42 PM

REW, sorry for the url; it worked fine on my display!!

The fund has so much money, and they're investing in a relatively limited number of generally smal companies, that they can't trade in the stocks without artificially affecting the price.

More or less...

cute fuzzy bunny · 02-02-2006, 10:23 PM

Often, when a fund closes, its time to get out.

Guess what two positions I closed about 2 weeks ago...

02-02-2006, 09:09 PM	#1
HFWR Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: May 2005 Posts: 5,486	Vanguard closing VGPMX http://tinyurl.com/dr8ym How's that for a link? EDIT: Shortened URL

02-02-2006, 09:34 PM	#2
Rosalita Dryer sheet aficionado Join Date: Sep 2002 Posts: 26	Re: Vanguard closing VGPMX What does it mean when a fund is closed out?

02-02-2006, 09:38 PM	#3
REWahoo Administrator Join Date: Jun 2002 Location: Texas Hill Country Posts: 12,361	Re: Vanguard closing VGPMX It isn't closed "out", it is closed to new investors. If you are already in the fund you can stay and continue to put money into it, although they may limit how much new money you can add. __________________ [Closed for renovation]

02-02-2006, 09:42 PM	#4
HFWR Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: May 2005 Posts: 5,486	Re: Vanguard closing VGPMX REW, sorry for the url; it worked fine on my display!! The fund has so much money, and they're investing in a relatively limited number of generally smal companies, that they can't trade in the stocks without artificially affecting the price. More or less...

02-02-2006, 10:23 PM	#5
cute fuzzy bunny Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Dec 2003 Location: Losing my whump Posts: 22,527	Re: Vanguard closing VGPMX Often, when a fund closes, its time to get out. Guess what two positions I closed about 2 weeks ago... __________________ Many an optimist has become rich by buying out a pessimist

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