Vanguard Fund changes to Primecap and Primecap related funds

TheShadow

Vanguard PRIMECAP Core Fund

http://www.sec.gov/Archives/edgar/data/826473/000093247114006730/ps1220a092014blue.htm


Vanguard Capital Opportunity Fund

http://www.sec.gov/Archives/edgar/data/932471/000093247114006729/capitalopportunityps11109201.htm


Vanguard PRIMECAP Fund

http://www.sec.gov/Archives/edgar/data/752177/000093247114006728/ps59a092014blue.htm




Here is one of the filings as an example:

Vanguard PRIMECAP Fund

Supplement to the Prospectus and Summary Prospectus

Important Changes to Vanguard PRIMECAP Fund

New or current Vanguard PRIMECAP Fund shareholders may not open new accounts or contribute to existing Fund accounts, except as described in this supplement. Clients enrolled in Vanguard Flagship Services® or Vanguard Asset Management Services™ may open new Fund accounts, investing up to $25,000 per Fund account per year as described in this supplement, in individual, joint, and/or personal trust registrations. There is no specific time frame for when the Fund might reopen for new account registrations by other Vanguard clients, or increase investment limitations.

Limits on Additional Investments

Current PRIMECAP Fund shareholders may invest up to $25,000 per Fund account per year in the Fund. The $25,000 limit includes the total amount invested during any calendar year in each Fund account. Dividend and capital gains reinvestments do not count toward the $25,000 annual limit. Participants in certain qualified retirement plans may continue to invest in accordance with the terms of their plans. Certain qualifying asset allocation programs may continue to operate in accordance with the program terms.

The Fund may modify these transaction policies at any time and without prior notice to shareholders. You may call Vanguard for more detailed information about the Fund’s transaction policies. Participants in employer-sponsored plans may call Vanguard Participant Services at 800-523-1188. Investors in nonretirement accounts and IRAs may call Vanguard’s Investor Information Department at 800-662-7447.

© 2014 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.

PS 59A 092014

msf

In case you're wondering what changed, Vanguard loosened the restrictions. You used to be limited to $25K per SSN (across all accounts); it's now $25K per account.

New wording: Current PRIMECAP Fund shareholders may invest up to $25,000 per Fund account per year in the Fund

Old wording: Current PRIMECAP Fund shareholders may invest up to $25,000 per year in the Fund. The $25,000 limit includes the total amount invested during any calendar year in each Fund account registered to the same primary Social Security or taxpayer identification number

TheShadow

Thanks for clarifying the change. I had no idea what changed in the supplement.