“The $2.3 billion Vanguard Precious Metals and Mining Fund (VGPMX) will be renamed to Vanguard Global Capital Cycles Fund as part of a restructuring intended to broaden the fund’s mandate and diversify its portfolio.” They don’t ring bells at tops&bottoms?https://www.prnewswire.com/news-releases/vanguard-makes-changes-to-two-active-equity-funds-300687845.html …
Authored by Mike Shedlock via MishTalk,
Vanguard just threw in the towel on a Metals and Mining Fund. It morphs into a Global Capital Cycles Fund.