His six funds on average beat more than 90% of rivals
Vanguard is a big reason, but not the only one.
A look at the worldview and investment philosophy of one of the great investors of our time. Plus, four ETFs that we believe have many of the characteristics that Munger (and Buffett) look for.
This quality strategy looks beyond past dividend growth.
But investors are not necessarily paying less.
Like the Oracle of Omaha, these funds prefer to buy and hold quality businesses.
The firm's position as the top TDF provider strengthened against No. 2 Fidelity Investments, which actually had net outflows for this category last year.
Three firms are telling clients that despite oil's rout, it remains a good long-term play.
The inflow was the most since January 2013, thanks to the market's extreme volatility during 2016's start.
Average fees paid by ETF investors have fallen over the last decade as low-cost options gain popularity and large flows create economies of scale.