The Vanguard Commodity Strategy Fund seeks to provide extensive exposure to commodities and an appreciation of capital. Wall Street has witnessed an accumulation of commodity-linked mutual funds and exchange-traded funds in recent years, in part due to the huge fall in stocks. In a press release, Vanguard said that the fund will offer investors greater portfolio diversification, along with a possible hedge against inflation risk, by investing mainly in commodities and Treasury securities protected against inflation (TIPS).
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