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First a correction: VFIAX isn't Vanguard Index Admiral Fund (VFIAX) it is Vanguard 500 Index Fund Admiral Shares (VFIAX) As the industry’s first index fund for individual investors, the 500 Index Fund is a low-cost way to gain diversified exposure to the U.S. equity market. The fund offers exposure to 500 of the largest U.S. companies, which span many ...

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