VSMAX is a mutual fund offered by Vanguard that focuses on investing in small-cap companies. It is designed to track the performance of the CRSP US Small Cap Index, providing investors with exposure to a diverse range of small-cap stocks. As an Admiral Shares fund, VSMAX offers lower expense ratios and requires a higher minimum investment compared to other Vanguard funds. This fund is ideal for investors seeking long-term growth potential through small-cap investments.
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