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Vanguard to Offer New Active Funds for Advisory Clients

These high-conviction approaches will require an appetite for risk.

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Vanguard's efforts to enhance its active equity options for Personal Advisor Services clients took an important step with the Aug. 26 filing of registration statements for three high-conviction mutual funds set to debut in late 2021. Although new, each strategy builds on either an existing or prior Vanguard offering and uses proven investors from two of Vanguard's most trusted subadvisors.

Alec Lucas has a position in the following securities mentioned above: VDIGX, VWIGX. Find out about Morningstar’s editorial policies.