Do you want to invest in stocks of major companies in the US with a return close to the Standard and Poor's 500 Index? This is possible with the Zwitserleven PPI Vanguard US 500 Stock Index Fund. This fund is not available to everyone. Your pension regulations state whether you can invest in them.
What does the fund invest in?
The Zwitserleven PPI Vanguard US 500 Stock Index Fund invests in Vanguard US 500 Stock Index Fund. As a result, the investment policy is the same. This policy is described in the Prospectus Vanguard Investment Series PLC at the bottom of this page. Vanguard US 500 Stock Index Fund (ISIN IE00B1G3DH73) has been specially selected for the Zwitserleven PPI Vanguard US 500 Stock Index Fund. Zwitserleven can also select similar funds from other asset managers. Then the fund will be replaced by one or more similar funds and the name of the fund will be adjusted accordingly. The Zwitserleven PPI Vanguard US 500 Stock Index Fund may temporarily maintain a cash position.
What is the investment objective?
The investment objective of the Zwitserleven PPI Vanguard US 500 Stock Index Fund is the same as that of Vanguard US 500 Stock Index Fund. This fund aims to track the performance of the Standard & Poor's 500 Index and it aims to invest in all of the Index's securities in the same proportion as the Index.
How does the fund invest?
The fund employs a passive management – or indexing – investment approach. This means that the fund manager does not choose the investments himself and follows an index in order to keep the fund costs as low as possible.
What fund costs are charged?
The fund costs that are charged consist of:
- Ongoing Charges Figure, which is settled daily in the price of a fund. The expected Ongoing Charges Figure is 0.10% per annum.
- Management fees that are deducted from the investment value on a monthly basis. Information about management costs can be found in your pension regulations.