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Vanguard is one of the world’s largest
investment management companies and a leading provider of
employer-sponsored retirement plan services. Vanguard serves
more than 9 million institutional and individual shareholders
and manages more than $1.2 trillion in U.S. mutual fund assets,
including more than $350 billion in employer-sponsored retirement
plans (data as of July 31, 2007). Vanguard offers 142 mutual
funds to U.S. investors and 40 additional funds in foreign
markets. Whatever the size of your defined contribution, nonqualified
or defined benefit retirement plan, Vanguard can offer the
solutions you need at some of the lowest investment costs
in the industry.
Investor focus: Vanguard is client-owned,
so our interests are firmly aligned with those of our investors.
Exceptional investments: For institutional
investors, Vanguard offers both indexed and actively managed
mutual funds, commingled trusts, Vanguard ETFs™, stable
value funds, and company stock funds, as well as access to
the entire universe of non-Vanguard funds and brokerage services.
The result: unparalleled open architecture in investments,
true diversity of investment thought, and overall value.
Broad expertise in fiduciary issues: Our
highly experienced plan consultants draw on a full range of
programs to provide guidance in plan design, assist with document
reviews and plan compliance issues, and formulate long-term
plan participation analyses.
Award-winning education: Seasoned communication
professionals develop a full spectrum of education and advice
programs, ranging from do-it-yourself products to personalized
advice delivered by licensed financial planners. Our goal
is to provide participants with lifelong financial solutions
in language they can understand and act on.
Add to all this our reputation for unmatchable value, investor
advocacy, and plain talk, and you can understand why Vanguard
may be just the right partner for your company's retirement
plans.
Visit www.vanguard.com
or call 800-523-1036 to obtain fund prospectuses and Vanguard
ETF product descriptions and prospectuses, which include investment
objectives, risks, charges, expenses, and other information;
read and consider carefully before investing.
Vanguard
ETF Shares can be bought and sold only through a broker (who
will charge a commission) and cannot be redeemed with the
issuing fund. The market price of Vanguard ETF Shares may
be more or less than net asset value.
Vanguard
ETFs and the ship logo are trademarks of The Vanguard Group,
Inc. All other marks are the exclusive property of their respective
owners.
© 2006 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.
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