Re: A growth fund........
I assume you are replacing U.S Growth, which has
had a very poor track record the past several years.
This is a managed fund specializing in large cap U.S.
growth stocks. They are in the process of changing
the fund manager teams so it may, or may not, do
better in the future. In any case, many of us on this
board favor index funds.
Both the Growth Equity (VGEQX) and Mid-Cap
Growth Fund (VMGRX) are classified as agressive
growth funds by Vanguard. If you are looking for
a large cap growth fund to replace U.S. Growth,
then Growth Index (VIGRX) is the closest match.
Personally, I think you should check out Index 500
or the new Large Cap Index fund at Vanguard. Both
are "blended" funds with some value stocks but are
dominated by growth stocks. If you already have
the value side covered by other funds, then
VIGRX is a good choice.
Charlie (aka Chuck-Lyn)