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ESG Fund: Vanguard Environmental Fund Available for Investment

23 November 2022

Vanguard Global Environmental Opportunities Stock Fund is available for investment. The fund caters to environmentally conscious investors who have a higher risk tolerance and want to augment a broadly diversified portfolio.

Vanguard Global Environmental Opportunities Stock Fund is available for investment. The fund caters to environmentally conscious investors who have a higher risk tolerance and want to augment a broadly diversified portfolio. The fund has both Investor Shares (ticker: VEOIX, expense ratio: 0.75%, minimum initial investment: $3,000) and Admiral Shares (VEOAX, 0.60%, $50,000).

Managed by Ninety One North America, Inc., the fund takes a structured, research-driven approach to investing that targets companies seeking to accelerate the transition to a low-carbon world. Portfolio managers Deirdre Cooper and Graeme Baker invest in companies that they believe will benefit from long-term structural tailwinds driven by the global transition to a lower-carbon economy.

The fund invests in approximately 25 companies involved in activities including renewable energy, resource efficiency, and electrification. The fund has begun pursuing its investment objective on November 16, 2022.

Dan Reyes, Head of Vanguard Portfolio Review Department, comments:

“Creating funds with enduring investment merit is the cornerstone of Vanguard’s disciplined product development efforts. Vanguard Global Environmental Opportunities Stock Fund is designed to meet the long-term investment needs and preferences of clients who want a concentrated, actively managed fund focused on decarbonization.”

Vanguard’s carefully defined lineup of investment solutions is tailored to meet the diverse needs of global investors. Before launching a new fund, Vanguard rigorously evaluates whether the fund has enduring investment merit, fulfills the long-term investment needs and preferences of its targeted clients, and has the potential to be world class. Vanguard scours the globe to find leading active investment managers who bring differentiated capabilities and talent to the management of Vanguard funds.