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Vanguard International Growth Fund Prospectus Investor and Admiral

Vanguard International Growth Fund Prospectus Investor and Admiral

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Investing With <strong>Vanguard</strong><br />

This section of the prospectus explains the basics of doing business with <strong>Vanguard</strong>.<br />

Be sure to carefully read each topic that pertains to your relationship with <strong>Vanguard</strong>.<br />

<strong>Vanguard</strong> reserves the right to change the following policies, without notice to<br />

shareholders. Please call or check online for current information.<br />

Each fund you hold in an account is a separate “fund account.” For example, if you<br />

hold three funds in a nonretirement account titled in your own name, two funds in a<br />

nonretirement account titled jointly with your spouse, <strong>and</strong> one fund in an individual<br />

retirement account, you have six fund accounts—<strong>and</strong> this is true even if you hold the<br />

same fund in multiple accounts. Note that each reference to “you” in this prospectus<br />

applies to any one or more registered account owners or persons authorized to<br />

transact on your account.<br />

Purchasing Shares<br />

<strong>Vanguard</strong> reserves the right, without notice, to increase or decrease the minimum<br />

amount required to open, convert shares to, or maintain a fund account, or to add to<br />

an existing fund account.<br />

Investment minimums may differ for certain categories of investors.<br />

Account Minimums for <strong>Investor</strong> Shares<br />

To open <strong>and</strong> maintain an account. $3,000.<br />

Add to an existing account. Generally $100 (other than by Automatic Investment<br />

Plan, which has no established minimum).<br />

Account Minimums for <strong>Admiral</strong> Shares<br />

To open <strong>and</strong> maintain an account. $50,000. If you request <strong>Admiral</strong> Shares when<br />

you open a new account, but the investment amount does not meet the account<br />

minimum for <strong>Admiral</strong> Shares, your investment will be placed in <strong>Investor</strong> Shares of the<br />

<strong>Fund</strong>. Institutional clients should contact <strong>Vanguard</strong> for information on special eligibility<br />

rules that may apply to them.<br />

Add to an existing account. Generally $100 (other than by Automatic Investment<br />

Plan, which has no established minimum).<br />

How to Initiate a Purchase Request<br />

Be sure to check Exchanging Shares, Frequent-Trading Limitations, <strong>and</strong> Other Rules<br />

You Should Know before placing your purchase request.<br />

Online. You may open certain types of accounts, request a purchase of shares, <strong>and</strong><br />

request an exchange through our website at vanguard.com if you are a registered user.<br />

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