Vanguard achieves world's first trillion-dollar fund

Launched in 1992

James Baxter-Derrington
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The fund is the world's first $1trn product
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The fund is the world's first $1trn product

Vanguard has made history as one of its equity index funds becomes the first ever to hold more than $1trn in assets under management (AUM), according to reports.

The Vanguard Total Stock Market Index fund surpassed the milestone, holding $1,035,112,935,440 in assets as of 30 November, a far cry from its year-end total of $512m in 1992, the year it was launched....

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