Vanguard Real Estate Index Fund ETF Shares (VANGUARD INDEX FUNDS REAL ESTAT) ETF

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the Target Index. The advisor attempts to track the index by investing all, or substantially all, of its assets-either directly or indirectly through a wholly owned subsidiary. The fund is non-diversified.