Is Vanguard Financials Index Admiral (VFAIX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 30 2024
0mins
Source: NASDAQ.COM
Fund Overview: Vanguard Financials Index Admiral (VFAIX) is a Sector - Finance mutual fund managed by Vanguard Group, with a 5-year annualized total return of 11.08% and a low expense ratio of 0.10%, making it a cost-effective option for investors despite its higher volatility compared to the market.
Investment Considerations: Investors should be aware of VFAIX's minimum investment requirement of $100,000, its negative alpha indicating challenges in outperforming benchmarks, and the importance of considering fees charged by investment advisors when evaluating returns.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
