Mid-Cap
Growth

Vanguard Mid-Cap Growth Fund

The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in companies that demonstrate superior earnings and revenue growth prospects.

In selecting securities for the portfolio, the research team focuses on companies that it believes have the best prospects for future growth.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund utilizes multiple investment advisors where each advisor independently selects and maintains a portfolio of common stocks for the fund.

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