It’s not often that the investing world gets excited about the launch of a new mutual fund, but the Vanguard Global Wellington Fund (VGWLX) is no ordinary fund. Back in July, Vanguard piqued the interest of fund investors by announcing it was launching global versions of its ultra-popular Wellington (VWELX) and Wellesley Income (VWINX) funds, which manage more than $150 billion between them. Global Wellington and Global Wellesley Income (VGWIX) are expected to debut on November 1, 2017.
One of the reasons the launch of Global Wellington is so intriguing is because Wellington has largely been closed to new investors since 2013. You can buy it directly through Vanguard or if it’s available through a workplace retirement plan, but it’s unavailable beyond that. Global Wellington gives investors another opportunity to get in on the Wellington investing strategy that has worked since 1929, but with an international twist to boot.
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