Vanguard Instl Total International Index Trust (VTISX)

The Vanguard Total International Stock Index Fund Institutional Select Shares is a mutual fund that aims to reflect the performance of the FTSE Global All Cap ex US Index. This benchmark encompasses a diversified collection of equities from both developed and emerging markets outside the United States. The fund employs a passively managed, index-based investment strategy, holding thousands of stocks across different sector and market capitalizations. Notable features of the fund include a broad exposure to global equity markets, cost efficiency through a low expense ratio, and a high level of diversification, with its top 10 holdings accounting for around 11% of assets. The fund provides institutional investors with a comprehensive way to gain international stock exposure, making it a key tool for diversifying portfolios beyond the U.S. and accessing growth opportunities in markets across Europe, Asia, and beyond.