Topic: How To Invest

VANGUARD GROWTH ETF $60.58 – New York symbol VUG

VANGUARD GROWTH ETF $60.58 (New York symbol VUG; buy or sell through brokers) aims to track the MSCI U.S. Prime Market Growth Index, a broadly diversified index that mainly consists of stocks of large U.S. companies. The fund has an MER of just 0.14%.

The $21.0-billion fund’s top holdings are Apple Inc., IBM, Google, Coca-Cola, Microsoft, Philip Morris International, Oracle Corp., Schlumberger, Wal-Mart and PepsiCo.

Vanguard Growth ETF is broken down by economic segment as follows: Information Technology (29.3%), Consumer Discretionary (17.0%), Consumer Staples (12.3%), Energy (10.9%), Industrials (11.1%), Health Care (10.9%), Financials (4.8%), Materials (4.5%), Telecommunication Services (0.7%) and Utilities (0.2%).

Vanguard Growth ETF is a buy.

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