Disclosure about cost calculations
This tool shows the impact of mutual fund costs on your investment returns. It allows you to see how purchase fees, redemption fees, and expense ratios can reduce the value of your investment. This is particularly true of long-term investing, since costs—like compounded returns—are magnified over time.
The tool is intended to educate investors solely on how to estimate mutual fund costs. It is important to note that:
Points to consider
Remember that cost is one of many factors to consider when investing in a mutual fund. Other important differences may exist. You also should consider:
Read the prospectus before investing in any fund to ensure the fund is appropriate for your goals and risk tolerance. Vanguard and non-Vanguard (FundAccess®) funds are offered by prospectus only. You can download a prospectus by clicking the View prospectus & reports link near the top of each fund's profile overview page, or ask us to mail you a prospectus.
For more information call 800-662-7447 for Vanguard funds and 800-992-8327 for non-Vanguard funds offered through Vanguard Brokerage Services, to obtain a prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.