Vanguard Total World Stock EtF

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Vanguard Total World Stock ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of global stocks. The Fund invests in both foreign and the United States stocks. Vanguard Total World Stock ETF operates in various regions, such as the United States, Japan, United Kingdom, France, Germany, Canada, Switzerland, Australia, Italy, Korea and Brazil. Vanguard Quantitative Equity Group acts as the Fund's investment advisor. The firm has no submitted 13F filings and does not appear to be an investment advisor.

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