0000052848 world:S000004444Member 2022-12-21 2022-12-21 0000052848 2022-12-21 2022-12-21 0000052848 world:S000004444Member world:C000012210Member 2022-12-21 2022-12-21 0000052848 world:S000004444Member world:C000012211Member 2022-12-21 2022-12-21 pure iso4217:USD 2022-08-31 VANGUARD WORLD FUND 0000052848 false 2023-05-26 2023-05-26 2022-12-21 N-1A 497 Vanguard U.S. Growth FundSupplement Dated May 26, 2023, to the Prospectus and Summary Prospectus Dated December 21, 2022Important Changes to Vanguard U.S. Growth FundRestructuring of the Investment Advisory TeamThe Board of Trustees of Vanguard World Fund, on behalf of Vanguard U.S. Growth Fund (the Fund), has approved a restructuring of the Fund’s investment advisory team that removes The Vanguard Group, Inc.’s Quantitative Equity Group (QEG) as an investment advisor to the Fund. All references to QEG as an investment advisor to the Fund and all other details and descriptions regarding QEG’s management of certain assets of the Fund in the Prospectus and Summary Prospectus are deleted in their entirety.Baillie Gifford Overseas Ltd., Jennison Associates LLC, and Wellington Management Company LLP (Wellington) remain as advisors of the Fund, and assets of the Fund previously managed by QEG will be reallocated to Wellington. The Fund’s investment objective, principal investment strategies, and policies remain unchanged.The change to the Fund’s investment advisory arrangement is expected to change the Fund’s expense ratios as disclosed below, exclusive of performance-based adjustments.Prospectus and Summary Prospectus Text ChangesThe following replaces a similar table under the heading “Fees and Expenses” in the Fund Summary section:Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Investor SharesAdmiral SharesManagement Fees0.340.25%12b-1 Distribution FeeNoneNoneOther Expenses0.010.00%Total Annual Fund Operating Expenses10.350.25%1 The expense information shown in the table has been restated to reflect estimated amounts.In the same section, the following replaces a similar table under the heading “Examples”:1 Year3 Years5 Years10 YearsInvestor Shares$36$113$197$443Admiral Shares$26$80$141$318© 2023 The Vanguard Group, Inc. All rights reserved.Vanguard Marketing Corporation, Distributor.PS 023A 052023 Vanguard U.S. Growth FundSupplement Dated May 26, 2023, to the Prospectus and Summary Prospectus Dated December 21, 2022Important Changes to Vanguard U.S. Growth FundRestructuring of the Investment Advisory TeamThe Board of Trustees of Vanguard World Fund, on behalf of Vanguard U.S. Growth Fund (the Fund), has approved a restructuring of the Fund’s investment advisory team that removes The Vanguard Group, Inc.’s Quantitative Equity Group (QEG) as an investment advisor to the Fund. All references to QEG as an investment advisor to the Fund and all other details and descriptions regarding QEG’s management of certain assets of the Fund in the Prospectus and Summary Prospectus are deleted in their entirety.Baillie Gifford Overseas Ltd., Jennison Associates LLC, and Wellington Management Company LLP (Wellington) remain as advisors of the Fund, and assets of the Fund previously managed by QEG will be reallocated to Wellington. The Fund’s investment objective, principal investment strategies, and policies remain unchanged.The change to the Fund’s investment advisory arrangement is expected to change the Fund’s expense ratios as disclosed below, exclusive of performance-based adjustments.Prospectus and Summary Prospectus Text ChangesThe following replaces a similar table under the heading “Fees and Expenses” in the Fund Summary section:Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Investor SharesAdmiral SharesManagement Fees0.340.25%12b-1 Distribution FeeNoneNoneOther Expenses0.010.00%Total Annual Fund Operating Expenses10.350.25%1 The expense information shown in the table has been restated to reflect estimated amounts.In the same section, the following replaces a similar table under the heading “Examples”:1 Year3 Years5 Years10 YearsInvestor Shares$36$113$197$443Admiral Shares$26$80$141$318© 2023 The Vanguard Group, Inc. All rights reserved.Vanguard Marketing Corporation, Distributor.PS 023A 052023 0.0034 0.0025 0 0 0.0001 0.0000 0.0035 0.0025 36 113 197 443 26 80 141 318