Quick Take
A collection of 41 posts
Liquidity or Assets, Which Came First?
All things equal, does a lower share price for an ETF mean the ETF will attract more assets? Vanguard must hope so. The company recently announced that they’ll execute a 2-for-1 share split for six ETFs on March 14, 2023. The six ETFs track S&P’s mid-cap
Vanguard Shuffles Index Fund Managers
Does it matter who (specifically) is managing your index fund? Or is it just enough to know that Vanguard or, say, BlackRock and its iShares division, is managing the fund? Vanguard seems to take the view that it’s the firm, not the individual manager that counts. Or at least,
Vanguard’s Active Managers Cry Uncle
Vanguard is throwing in the towel on two of its active strategies: Alternative Strategies (VASFX) and Managed Allocation (VPGDX). The firm hasn’t given up on active entirely, but this is a big admission that, as I’ve said many times, adding complexity doesn’t lead to better investment outcomes.
Out of the Oven
Vanguard has decided that after 15 months in the oven, Multi-Sector Income (VMSIX and VMSAX) is ready to eat. Vanguard seeded the global income fund with $25 million when they launched it in October 2021 but didn’t allow outside investors to participate—until now. Yesterday, I was scratching my