Vanguard Growth Index Fund Admiral Shares (VIGAX) is one of the top-performing mutual funds that investors can consider for their portfolio. With a focus on large capital appreciation over the long term, VIGAX has consistently delivered double-digit annualized returns over the past decade. This fund in particular has delivered a 5-year annualized total return of 17.58%, putting it in the top third among its category peers.
Vanguard index funds like VIGAX have played a significant role in the passive-investing revolution, where investors aim to match market moves rather than beat them. By investing in VIGAX, investors can gain exposure to a market-cap-weighted portfolio of the largest and fastest-growing companies in the U.S. market.
Growth funds like VIGAX are suitable for investors seeking long-term capital appreciation. By investing in a diversified portfolio of growth stocks through mutual funds and ETFs, investors can benefit from the potential upside of these high-growth companies.