The Vanguard Consumer Discretionary Index Fund Admiral Shs (VCDAX) is a mutual fund that seeks to track the performance of the MSCI US Investable Market Consumer Discretionary 25/50 Index. This index includes large, mid, and small-cap companies in the consumer discretionary sector, such as retail, media, and leisure industries. The fund aims to provide investors with broad exposure to this sector and potentially generate long-term growth. As an "Admiral" share class, this fund has a lower expense ratio and requires a higher minimum investment compared to other share classes, making it a more cost-effective option for larger investors.
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