Vanguard to offer first international small-cap index fund
December 16, 2008 at 15:47 PM EST
Vanguard has filed with regulators for Vanguard FTSE All-World ex-U.S. Small-Cap Index Fund, the first mutual fund to track an international small-cap index. The firm will also launch an exchange-traded fund based on the index. Both funds are expected to be introduced early next year.