Vanguard Morningstar Mega Cap Growth ETF MGK

Vanguard Mega Cap Growth Index Fund provides exposure to the largest growth stocks listed on US stock exchanges. Managed by The Vanguard Group, this ETF was established in 2007.

The Vanguard Mega Cap Growth Index Fund’s primary goal is to provide investment results that closely correspond to the investment performance of the CRSP US Mega Cap Growth Index. This index is weighted by market capitalisation and includes mega-capitalisation stocks that demonstrate growth characteristics listed in the United States. In general, this fund invests all, or substantially all, of its total assets in companies listed in this index. This fund is classified as a moderate to aggressive fund. The base currency of this fund is USD.

Available on the NYSE Arca, stock for the Vanguard Mega Cap Growth Index Fund is listed under the ticker MGK. As of 31 July 2022, this ETF had total net assets of $11.8bn with investments in 99 companies. This fund primarily includes investments in the technology and consumer discretionary sectors. As of 31 July 2022, some of the fund’s top holdings included Apple, Microsoft, Amazon, Tesla, Alphabet, Nvidia, Meta Platforms, Visa and Home Depot.

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