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Vanguard VIPER deleted
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not been recently
reviewed or revised by the author and may be out of date. If in doubt,
please send a new question or ask for an update.
Q:
The Vanguard VIPER funds that I own are being changed. Will that affect their performance?
A:
Vanguard VIPERS are actually exchange traded funds and the change is simply a name change to make it easier for investors to understand. The feeling is that more investors understand the term "exchange traded fund" that "VIPER" so Vanguard elected to delete the VIPER name. From now on, your investment will be known as "Vanguard exchange-traded fund". This name change will not change the account's performance.
Summary
More resources:
www.wealthmanagement.eu.com
