The fund invests primarily in equity securities issued by companies with principal business activities in Western Europe. Under normal market conditions, it invests at least 80% of the value of its assets in equity securities of European issuers. "Assets" means net assets, plus the amount of borrowings for investment purposes. The fund may utilize exchange-traded futures for the efficient management of cash flows.

Nasdaq

VEUAX

VEUPX

The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe All Cap Index. The index is a market-capitalization-weighted index.

VEURX

VEUSX

The fund invests at least 80% of its assets in equity securities or equity-linked instruments of issuers located in Europe, including issuers in emerging markets countries. Equity-linked securities are hybrid debt securities whose return is connected to an underlying equity, usually a stock. The subadviser intends to diversify its investments among countries and normally to have represented in the portfolio business activities of a number of different countries. In determining the "location" of an issuer, the subadviser primarily relies on the country where the issuer is incorporated.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
VEUAX	JPMorgan Europe Dynamic Fund	Europe Equities	Nov 1, 1995	1.25%	6.65%	3.67%	2.83%
VEUPX	Vanguard European Stock Index Fund Institutional P...	Europe Equities	Dec 5, 2014	0.07%	3.17%	4.22%	3.31%
VEURX	Vanguard European Stock Index Fund	Europe Equities	Jun 17, 1990	0.25%	3.10%	4.04%	3.16%
VEUSX	Vanguard European Stock Index Fund Admiral Shares	Europe Equities	Aug 13, 2001	0.10%	3.15%	4.18%	3.29%
VGEIX	Virtus Vontobel Greater European Opportunities Fun...	Europe Equities	Apr 20, 2009	1.16%	—	—	—

The Best Europe Equities Mutual Funds

Risk vs. Return Scatterplot