Vanguard FTSE All-World ex-US Index Fund (Vanguard FTSE-All-World ex-US I) Fonds

The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.