(VOOV) Vanguard S&P 500 Value ETF

Vanguard S&P 500 Value ETF seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks.

• Seeks to track the performance of the S&P 500 Value Index.
• Large-cap value equity.
• Employs a passively managed, full-replication strategy.
• Fund remains fully invested.
• Low expenses minimize net tracking error.

With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.