(VIGI) Vanguard International Dividend Appreciation ETF

Vanguard International Dividend Appreciation ETF seeks to track the performance of a benchmark index that measures the investment return of non-U.S. companies that have a history of increasing dividends.

• Seeks to track the performance of the S&P Global Ex-U.S. Dividend Growers Index.
• Employs a passively managed, full-replication strategy.
• The fund remains fully invested.
• Large-cap equity, emphasizing stocks from developed and emerging markets, excluding the United States, with a record of growing dividends year over year.
• 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.