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VEMAX

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Analysis and statistics

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About

VEMAX.US represents the Vanguard Extended Market Index Fund Admiral Shares. This fund is designed to track the performance of the Standard & Poor's Completion Index, which represents small- and mid-cap U.S. companies not included in the S&P 500. Therefore, VEMAX provides investors with broad exposure to the U.S. stock market outside of the largest companies. It is passively managed, meaning the fund manager aims to replicate the index's performance rather than actively selecting individual stocks. As an Admiral Shares fund, it typically has a lower expense ratio compared to other share classes of the same fund, requiring a higher minimum investment.
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Factors

**Market Interest Rates**: Rising interest rates can decrease bond values, lowering VEMAX's price.

**Credit Risk**: Changes in the perceived creditworthiness of issuers held by VEMAX impact its net asset value (NAV).

**Inflation Expectations**: Higher inflation expectations often lead to lower bond prices and a decreased NAV.

**Economic Growth**: Stronger economic growth can lead to rising interest rates, impacting bond prices negatively.

**Supply and Demand**: Investor demand for VEMAX shares can influence its price, especially in the short term.

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