Vanguard Small Company Growth
Historical Performance
Objective And Strategy
ObjectiveLong-term capital appreciation.
StrategyThe Portfolio invests at least 80% of its assets in common stocks of smaller companies. These companies tend to be unseasoned but are considered by the Portfolio's advisors to have superior growth potential. Also, these companies often provide little or no dividend income.
Low Cost Fund
Principle Risks
* This portfolio invests (or may invest) in securities of companies with micro-, small-, or mid-capitalization. Any investment in micro-, small-, or mid-capitalization companies involves greater risk than that customarily associated with investments in larger, more established companies because of the greater business risks of smaller size, limited markets and financial resources, narrower product lines, and frequent lack of management depth. As such, micro- or small-cap companies may be more subject to erratic and abrupt market movements than securities of larger, more established companies.
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Small Cap Growth06/1996
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Documents
- Fund Prospectus and Other Forms