Vanguard Emerging Markets Select Stock Investor (VMMSX) shows promise with strong rankings and competitive fees, making it worth a look for investors.

Malvern: If you’re diving into mutual funds, you might want to check out Vanguard Emerging Markets Select Stock Investor, or VMMSX for short. This fund has a solid Zacks Mutual Fund Rank of 1, which is a strong buy. It’s based on factors like size, cost, and how it’s performed in the past.
VMMSX is part of the Non US – Equity category, which is packed with options. This fund focuses on companies outside the U.S., unlike many global funds that keep a chunk of their investments stateside. It’s all about tapping into both emerging and developed markets.
Launched in June 2011, VMMSX is managed by a team from the Vanguard Group, based in Malvern, PA. The fund has gathered around $748 million in assets, which is pretty impressive.
When it comes to performance, VMMSX has a 5-year annualized return of 1.85%, placing it in the middle of its peers. If you’re looking at a shorter timeframe, its 3-year return is -1.41%, which also puts it in the middle third.
Keep in mind that the returns might not show all the fees involved. If there are any hidden charges, they could lower the returns. Also, the fund’s standard deviation over the last three years is 18.46%, which is a bit higher than the category average. This means it’s been a bit more volatile than some of its peers.
Speaking of volatility, VMMSX has a 5-year beta of 0.77, suggesting it’s less volatile than the overall market. However, it has a negative alpha of -8.08, indicating that the managers have struggled to pick winning stocks compared to the S&P 500.
On the cost side, VMMSX is a no-load fund with an expense ratio of 0.75%, which is lower than the category average of 1.10%. So, it’s a more affordable option for investors.
To get started, you’ll need a minimum initial investment of $3,000, but after that, you can invest as little as $1.
In summary, Vanguard Emerging Markets Select Stock Investor (VMMSX) has a strong ranking and decent performance, along with lower fees, making it a solid choice for investors right now.
If you want to explore more about mutual funds, check out Zacks.com for additional insights and tools to help you find the best investments for your portfolio.