Scooter57 wrote:The emerging markets fund is far larger than the other funds you cite. EM was very hot until very recently, while Developed Markets has been in the doldrums since 2008, driving away all but the most hardcore buy and hold types. Pacific Stock Index is full of Japanese stocks, again seen as poison. So there just isn't enough money to buy those stocks for the small funds.
EM has $76 billion in assets. DM $12 billion. Pacific Index has $4 billion.
I meant developed market "indexes" as a generic term, which would include Tax Managed International in there. But, you're right, for the funds that are undergoing conversion, there's less than half the assets on the developed market side as the EM side. Given South Korea is also a much bigger percentage of the EM fund than it will be in the developed market funds (about 14% vs. 4%), I guess that means a large amount of net sales.
By the way, you know Vanguard is doing well when $12 billion is a "small" fund