Choosea mutual fund family such as Vanguard, American Funds, T. Rowe Price, and so forth.

Identifyone mutual fund from that family for each of the following categories:

• Actively managed common stock fund
• Fixed income fund
• Balanced fund
• International fund
• Fund devoted to retirement investing

Writea 1,050- to 1,400-wordpaper including an evaluationfor each mutual fundusing worksheet 41 on p.459 as a template.Do not submit this worksheet with your assignment, but use it as a guide in evaluating the characteristics of each fund (categories 1-5 of the worksheet).

Include the following in your evaluation:

• Analysis of the characteristics of each fund
• Recommendation of the type of investor to which each fund is suited

Name: Sample Student Date: December 5, 2015 Mutual Fund Evaluation Purpose: No checklist can serve as a foolproof guide for choosing a mutual fund. However, the following questions will help you evaluate a potential investment in a specific fund. 41 Instructions: Use mutual fund Web sites and/or library materials to answer these questions about a mutual fund that you believe could help you attain your investment goals. Suggested Web sites: morningstar.com/Cover/Funds.aspx finance.yahoo.com/funds dfaus.com personal.vanguard.com fidelity.com individual.troweprice.com sec.gov/investor/pubs/inwsmf.htm Please read the directions below the sheet as some of the information requested will be downloaded from the web. Category 1: Fund Characteristics Category 4: Fund Performance 1. What is the fund's ticker symbol? What is the fund's name? 16. How long has the fund manager been with the fund? VTSMX Vanguard Total Stock Mkt Idx Inv years 2. What is the fund's Morningstar rating? 17. How would you describe the fund's performance over the past 12 months? 3. What is the minimum investment? 4. Does the fund allow telephone or internet exchanges? Yes 5. Is there a fee for exchanges? Yes No Fee: Category 2: Costs No 19. How would you describe the fund's performance over the past 10 years? 6. Is there a front-end load charge? If so, how much is it? Yes___ No___ Amount: (percentage) 7. Is there a redemption fee? If so, how much is it? Yes___ No___ Amount: (percentage) 8. How much is the annual management fee? (percentage) 9. Is there a 12b-1 fee? If so, how much is it? Yes___ No___ Amount: 10. What is the fund's expense ratio? (percentage) 18. How would you describe the fund's performance over the past five years? (percentage) Category 3: Diversification 11. What is the fund's objective? 12. What types of securities does the fund's portfolio include? 20. What is the current net asset value for this fund? Net Asset Value (NAV): $52.26 21. What is the high net asset value for this fund over the last 12 months? High: N/A 22. What is the low net asset value for this fund over the last 12 months? Low: N/A 23. What do the experts say about this fund? Your Personal Financial Plan Ticker: Category 5: Conclusion 24. Based on the above information, do you think an investment in this fund will help you achieve your investment goals? Yes No 25. Explain your answer to question 24. 13. How many different securities does the fund's portfolio include? A Word of Caution 14. How many different types of industries does the fund's portfolio include? 15. What are the fund's five largest holdings? When you use a checklist, there is always a danger of overlooking important relevant information. This checklist is not a cure-all, but it does provide some very sound questions that you should answer before making a mutual fund investment decision. Quite simply, it is a place to start. If you need other information, you are responsible for obtaining it and for determining how it affects your potential investment. What's Next for Your Personal Financial Plan? * Identify additional factors that may affect your decision to invest in this fund. * Develop a plan for monitoring an investment's value once a mutual fund(s) is purchased. Instructions You must be connected to the internet to download the data. Input the requested information in the lightly-shaded cells above. Enter the ticker symbol of the mutual fund you are evaluating in cell B16 and hit ENTER. Finally, compare the information that you entered to the data that will download into the darkershaded cells. Do not choose the mutual fund that appears when the spreadsheet is first loaded --- find a new mutual fund to evaluate! The link could not be updated. Click here to visit MSN Money Downloaded Data >>>>> Last Vanguard Total Stock Mkt Idx Inv Chart News MSN Money Home Discover MSN Money's tools, columns, and more! Previous Close High Low Volume Change % Change 52 Wk High 52 Wk Low 52.26 51.3 N/A N/A N/A 0.96 N/A N/A N/A Microsoft Office Tools on the Web Get the latest from Microsoft Office Terms of Use. 2014 Microsoft Corporation and/or its suppliers. All rights reserved. DATA PROVIDERS Copyright 2014 Microsoft. All rights reserved. Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. IPO data provided by Hoover's Inc. Index membership data provid AdChoices Market Cap EPS P/E Ratio # Shares Out N/A N/A N/A N/A nutes, except where indicated otherwise. Fund summary, p data provided by Morningstar Inc. Vanguard Family Fund - Vanguard International Value Investment Fund (VTRIX) A Mutual fund is an investment company set up specifically for the purpose of investing. Mutual Fund s are the backbone of many investors porforlio. According to the investment Company Institution, an association of investment managers, nearly half of all American household hold at least one mutual fund. The Vanguard Group is an American investment Company that is based in Malvern Pennsylvannia that has become a household name. Vanguard Fund Family provides servies to the Vangrd investors and ETF's at a cost. Investor Vanguard charges a yearly account service fee of twenty dollars for different accounts less than ten thousand dollars which attracts low performance. This paper covers an analysis and details the product profile of Vanguard International Value Fund (VTRIX) funds, a foreign large category of Vanguard Mutual Fund Family. Fund Characteristics Name of fund : Vanguard International Value Fund (VTRIX) . The minimum investment for Vanguard International Value Fund (VRIX) is $3000, this also applies to retirement account (IRA). The overall Moringstar rating is based on risk adjusted return, and is applicable 3-, 5- and a 10 year ratings. Its Morningstar rating is three stars but overall out of 389 3 years 3 stars out of 291 5 years 3 stars out of 257 10 years 4 stars 137 . 1 Vanguard Family Fund - Vanguard International Value Investment Fund (VTRIX) Cost Front load charge represents the sales charge for buying the fund. It has nothing to do with fund value or the quality of the fund's investment.VTRIX load charge percentage of its asset is 0.23% There is no redemption fee Annual Management fee 0.41% The fund has no 12 b-1 fee VTRIX net expense ratio is 0.44 Overall, it has no load fund, no front-end sales load fee. Diversification Vanguard Interantional Value Fund (VTRIX) is a large internatioanl fund and its primary objective is to provide a long-term capital appreciation. It invests in common stocks in Europe, Asia and North America, that is non-U.S companies from developed and emerging markets around the world which are undervalued by the markets. This undervalued stocks are usually considered to be out of favor during seasons when investors are drawn to companies that have potential for strong growth. Vanguard Interantional Value Fund (VTRIX) invests in large, middle and small capitalization companies. It is also expected to diversify its assets in countries across developed and emerging markets. Portfolio composition: VTRIX fund's portfolio securities include stock holdings, Bond holdings and short-term reserve holdings. Cash investments Foreign Equity investment 2 Vanguard Family Fund - Vanguard International Value Investment Fund (VTRIX) Bonds Foreign Holdings Category: Foreign Large Value As of 10/31/2015, its month-end ten largest holding 1. Novartis AG 2. Sumitomo Mitsui Financial Group 3. BP plc 4. Samsung Electronics Co.Ltd 5. Vodaphone Group PLC 6. KDDI Corp 7. Japan Tobacco Inc, 8. Royal Dutch Shell plc 9. BHP Billiton 10. Unilever plc . The funds five largest holdings are: Holdings 1. 2. 3. 4. 5. Sumitomo Mitsui Financial Group Taiwan Semiconductor Manufacturing Co.Ltd HSBC Holdings plc Rotal Bank of Scotland Group plc Nomura Holdings Inc. Shares 26,024,000 22,936,704 10,169,936 14,611,000 12,169,400 Top Sectors VTRIX Financial Services Consumer Cyclical Helathline Industrials Technology Fund Performance VTRIX lead fund manager is Sandra since 2008 The Fund Advisors of VTRIX are : Lazard Asset Management LLC 3 Vanguard Family Fund - Vanguard International Value Investment Fund (VTRIX) Edinburgh Partners Limited ARGA Investment Management. LP Asset class is International/Global Stock Fund total net assets is $7.9 billion Number of stocks holdings is 158 Net assets of ten largest holdings 17.0% % Assets in Top 5 Holdings 9.49 During the 2008 to 2009 Global Financial crisis, top comapanies in the Euro Zone went out of favor. After the recession, VTRIX, in 2012 to 2013 made a retruns of 1.10% over the past five years and 9.4^ over the past decade as of 8/9/2013. The price performance as at 12/10/2015 is $31.84. It sexpense ratio as of 02/25/2015 is 0.44%. This is 65% lower than the average expense ratio of funds with similar holdings. Vangurad.com reveals the performance data of VTRIX from 2005 to date. This information represents is not an indicator of future the funds future performance and results. According to US NEWS & world Report, VTRIX in the last five years had a trailing upward returns of 2.6% and in the last ten years an increase of 3.1 % . Conclusion Vanguard International Value Inv Fund (VTRIX). This fund is selected as a good investment retirement plan because of its extremely low fees, no-load fund and no 12b-1 promotion. As part of the Vanguard Family, this foreign large value fund is the best. It total assets is $7.2 billion. The yield on investment is 2.49%. VTRIX number of years up is 20 years and down years is 9 years. What this implies is that the fund has experienced twenty years of positive returns and nine years of negative return. It has a lower expense ratio than its Foreign large value average: 0.44% vs 1.26%. 4 Vanguard Family Fund - Vanguard International Value Investment Fund (VTRIX) Taking into consideration its long term performance and expected risks Investment, I consider it a better holding for long -term investment because it foreign large value stocks invests in big foreign stocks which is subject to both currency risk and country risk. In fact, small investors are diverting to international stocks for investment. This fund adopts a multimanager approach. It uses three investment advisors that follow distinct investment approaches and has the capacity to add additional diversification to the fund. It is not concentrated in a small zone. Long term investors consider this fund as complimentary for twofold reasons: it provides long-term capital appreciation and has the potential to invest in undervalued stocks which are out of favor. VTRIX stocks outside U.S represents75% of the total world markets, this stocks are less expensive than the whole markets. This offers opportunity to capture these markets slices through this fund. I judge it a worthy investment because its top ten holdings are the biggest multinational company. To get closer to my point, although this fund is volatile and not deemed to have a stable returns, its three stars and a Bronze from Moringstar ratings which is not bad. By the way, value cannot include growth. To really understand where this fund is coming from, its stated objectives, approach, strategy and current holdings are indicators that help me select this fund for long-term investment. To top it all up, as a fund selector, Morningstar Tool Box, Quick rank and Comparison Tools of VTRIX has narrowed down the funds meeting my investment goals. Running deeper through its category rankings, style, fees and expenses, sales charges (loado load), management criteria it meets my investment goals. It expenses is low which is good. Size matters, it has a large capitalization market. Its size diversity and international portfolio will buoy me up in the years ahead when domestic markets are underperforming. In addition, its risk level is congruent with my investment objectives. Even though its return rate is not promising, the solid and out performance of 5 Vanguard Family Fund - Vanguard International Value Investment Fund (VTRIX) other funds is not a guarantee of future performace. VTRIX past performance cannot be used to predict its future performance. We know that life is full of risks. The fund is exposed to foreign stocks and markets that are much riskier than U.S stock investments. If we do not take risks nothing happens. I still think it provides a great way for long -term buy and hold for investors to diversify their international portion of their portfolio into value stocks. As stated by MAXFUNDS. Com, the risk level of this fund is 3 which means on average it is slighty more risk than its peer groups. References 1. Moringstar.com/funds.aspx 2. 'All Vanguard mutual funds by asset class l Vanguard http://investor. Vanguard.com/mutual-funds/ 3. VTRIX Vanguard International Value Inv Fund VTRIX Quote http://www.morningstar.com/../quote.html 4. Vanguard - Vanguard International Value Fund http://www.personal. Vanguard.com/quote 5. fundresearch.fidelity.com 6. 6