VALLEY FORGE, Pa. -- Vanguard Group launched three new index funds, including a socially conscious fund and two international funds.
The Vanguard Calvert Social Index Fund tracks the performance of the Calvert Social index, a benchmark of 1,000 stocks screened for social criteria.
The Vanguard Developed Markets Index Fund invests its assets in the Vanguard European Stock Index Fund and the Vanguard Pacific Stock Index Fund, with a goal of replicating the weighting of each region in the Morgan Stanley Capital International Europe Australasia Far East index.
The Vanguard Institutional Developed Markets Index Fund invests in new institutional share classes in the Vanguard European Stock Index Fund and the Vanguard Pacific Stock Index Fund.
