VOX 📈 Vanguard Communication - Overview

The Vanguard Communication Services Index Fund ETF Shares, listed on NYSE ARCA under the ticker VOX, is designed to track the performance of the MSCI US Investable Market Index (IMI)/Communication Services 25/50. This index comprises stocks of U.S. companies of all sizes - large, mid-size, and small - that operate within the communication services sector, as classified by the Global Industry Classification Standard (GICS). The fund's investment approach is rooted in indexing, aiming to mirror the performance of its target index by holding a portfolio of stocks that replicates the index's composition and weighting.

To achieve this, the fund's advisor seeks to invest all of its assets in the stocks that make up the MSCI US Investable Market Index (IMI)/Communication Services 25/50, with each stock held in approximately the same proportion as its weighting in the index. This method allows the fund to provide investors with broad exposure to the U.S. communication services sector, which includes companies involved in industries such as telecommunications, media, and internet services. It's worth noting that the fund is non-diversified, meaning it can invest a significant portion of its assets in a smaller number of stocks, which can lead to higher volatility but also potentially higher returns if the sector performs well.

As an exchange-traded fund (ETF), VOX offers investors the benefits of trading flexibility and transparency, with its holdings and performance publicly available. The fund is managed by Vanguard, a well-established investment management company based in the United States. With its domicile in the United States and an ISIN of US92204A8844, the Vanguard Communication Services Index Fund ETF Shares is categorized as a communications ETF, providing investors with a targeted way to gain exposure to the U.S. communication services sector. More information about the fund and its investment strategy can be found on Vanguard's website at http://www.vanguard.com.