Tue, 30 Jun 2015
UPDATE: U.S. stocks eye higher open after Greek-led selloff
Investors should keep tabs on a few key indicators as Vanguard switches the benchmarks for 22 of its index funds.
The switch from MSCI to FTSE and CRSP indexes for 22 Vanguard funds is all about three things, says Vanguard principal Joel Dickson: cost, cost, cost.
Vanguard principal and ETF strategist Joel Dickson responds to worries that increased passive investing has led to more market volatility and that ETFs cause investors to gamble with their portfolios.
The Vanguard founder says the kind of returns we've gotten in the past are not going to happen--period.
Vanguard's CIO says the fund shop is looking forward to the substantial long -term cost savings and price stability once it transitions to the FTSE and CRSP indexes, beginning next year.
The Vanguard founder expects muted returns of less than 5% for stocks and 0% for bonds after inflation.
Although investors may remain broadly skeptical of equity markets, asset flow data suggest they could be taking more risk than expected in other asset classes.
Morningstar's Dan Culloton sizes up the fund firm's top and bottom performers year-to-date, discusses CIO Gus Sauter's impending retirement, and more.
27 plans earn medals from Morningstar analysts.
These index funds and ETFs provide a lot of diversification at a very low cost.
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