The Vanguard S&P MidCap 400 Growth Index Fund Institutional Class (VMFGX) is a mutual fund that seeks to track the performance of the S&P MidCap 400 Growth Index. This index includes mid-sized companies in the United States that are expected to have above-average growth potential. The fund is managed by Vanguard, a reputable investment management company, and is designed for institutional investors. It offers a low-cost and diversified option for investors looking to gain exposure to mid-cap growth stocks.
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