As many of us are shareholders, I think it justifies discussion. As s new investor, I'm not sure what to make of it. My plan at present is just to agree to all Vanguard proposals, excluding the shareholder one.
Vanguard Proposal 1: Electric trustees for each fund.
Vanguard Proposal 2: Approve a manager of managers arrangement with third-party investment advisors.
Vanguard Proposal 3: Approve manager of managers arrangement with wholly-owned subsidiaries of Vanguard.
Vanguard Proposal 4: Change the investment objective of REIT Index Fund and REIT Index Portfolio of the Variable Insurance Fund.
Vanguard Proposal 5: reclassify the diversification status of REIT Index fund to nondiversified.
Vanguard Proposal 6: Adopt the Funds' Service Agreement for institutional Index Fund and Institutional Total Stock market Index fund.
Shareholder proposal: institute transparent procedures to avoid holding investments in companies that, in management's judgement, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. Such procedures may include time-limited engagement with problem companies if management believes that their behavior cab be changed.
What are your thoughts?
Submitted September 23, 2017 at 04:17PM by tapdance34 http://ift.tt/2xwBSgr
