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Vanguard closing VGPMX
Old 02-02-2006, 09:09 PM   #1
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Vanguard closing VGPMX

http://tinyurl.com/dr8ym

How's that for a link?



EDIT: Shortened URL
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Re: Vanguard closing VGPMX
Old 02-02-2006, 09:34 PM   #2
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Re: Vanguard closing VGPMX

What does it mean when a fund is closed out?
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Re: Vanguard closing VGPMX
Old 02-02-2006, 09:38 PM   #3
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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.


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Re: Vanguard closing VGPMX
Old 02-02-2006, 09:42 PM   #4
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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...
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Re: Vanguard closing VGPMX
Old 02-02-2006, 10:23 PM   #5
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Re: Vanguard closing VGPMX

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

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