The Vanguard Group
The Vanguard Group is a new type of Investment Company. They are the first client owned investment management company. The purpose was to ensure investors their interest would come first. This was the thoughts of the founding and former chairman John C. Bogle who created this company in 1975.
This was also the first company to offer index funds for individuals to invest in. The set up of the company and the way they fund it is by each mutual fund contributing to the fees associated with running the corporation.
Since its beginning the Vanguard Funds have been a good investment. Because of this they have continued to grow thru the years until today they have become the largest pure no-load mutual fund company in the world.
Today this investment company still has index funds individuals can invest in plus ETF or exchange traded funds along with low cost actively managed mutual funds. The company has also branched out into brokerage services, variable and fixed annuities, educational accounts services, financial planning, asset management and trust services for individuals or groups.
To help with the active management finds, the Vanguard Group has outsources some of the management to many reputable firms including Wellington Management Company.
To pay for all the service and fees of this large company an expense ratio is attached to each investment fund. Most of these are less than 0.5% of the funds profits. Some do exceed it, but the profits from those funds cover the extra cost of running them.
In the Vanguard Group today there are over 100 different mutual funds and ETF’s for investors to choose from to help them save for retirement or any other purpose.
For more reference about investments from Vanguard on this site please view Vanguard Life Strategy Income Fund Review (VASIX).
For a resource about mutual funds, please view Janus Venture Fund which is one our sister site of topperformingmutualfunds.net.
Even further resources involving Fidelity investments on another sister site of ours is mutualfundexplorer.com please view Fidelity Select Defense and Aerospace Portfolio (FSDAX).
The site with general stock market information there is Stock Market Investing Basics on stockmarketinvestingblog.com.
ETF information can be found on the resource page of Pure Play ETF Explained on the site etfinvestingblog.com