In The Vanguard Spring 2005

Total Stock Market Index Fund, Vanguard Institutional Total Stock Market Index Fund, and the stock portion of Vanguard Balanced Index Fund will track the MSCI® US Broad Market Index, rather than the Dow Jones Wilshire 5000 Composite Index. The shift to the new index will not affect the funds’ objectives or risks.• VIPERs® go international ... ................
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