VINEX – Vanguard International Explorer Inv Investment Strategy

Strategy

The investment seeks to provide long-term capital appreciation. The fund employs an active management approach, investing primarily in the equity securities of small-capitalization companies located in countries outside the United States that an advisor believes offer the potential for capital appreciation.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
VINEX	Vanguard International Explorer Fund Investor Shares	No Load	Open			Nov 4, 1996	$1.60B	0.460%	Low	$3,000	−$108.92M

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Vanguard International Explorer Fund Investor Shares VINEX Strategy

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