December 05, 2012 at 08:52 AM EST
Vanguard Emerging Market ETF Sees Heavy Outflow
Vanguard MSCI Emerging Markets (NYSEArca: VWO) has experienced the most redemptions for any ETF the past month with nearly $900 million leaving the fund. Earlier this year, Vanguard said it plans to drop the fund’s MSCI index and switch to a benchmark managed by FTSE. It’s unclear whether the...
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