Tuesday, March 29, 2005

VTI: Vanguard's oldest Exchange Traded Fund

VTI, Vanguard's Total Stock Exchange Fund seeks to track the
performance of a benchmark index that measures the investment return
of the overall stock market. The Fund employs a "passive management"
approach designed to track the performance of the Wilshire 5000 Total
Market Index.

Earlier in March, Vanguard cut fees for its Vipers ETFs to reflect asset
growth and economies of scale. As a result, the expense ratio on VTI was
reduced by more than half to 0.07 percent.

We feel it's a deal! VTI provides a wide diversification and with such a
small expense each year it would be an appropriate choice for your
retirement account. On Monday the ETF closed at $114.35.


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