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Small Deposits: Vanguard launches new fund; TD hit with class action lawsuit

A roundup of recent banking and finance news from the Philadelphia area: Vanguard Group officially launched its latest environmental, social, and governance (ESG) investment fund with partner Baillie Gifford. The Vanguard Baillie Gifford Global Positive Impact Stock Fund became available for investment earlier this month. It has a dual-mandate investment strategy in which portfolio managers target companies that will generate returns as well as positive social and/or environmental impact.
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