A Sneak Peek at Vanguard’s High-Conviction Active Equity Funds for Advisory Clients
These strategies’ potential shouldn’t cloud their risks or lessons from Vanguard’s own history.
Vanguard’s expected launch later this year of three new high-conviction active equity funds for its Personal Advisor Services clients will be the indexing giant’s largest simultaneous debut of traditional stock-picking strategies since the 1990s. Vanguard also plans to combine these three new funds with two existing ones to create a curated five-fund active equity lineup for those clients.
Alec Lucas has a position in the following securities mentioned above: VDIGX, VWILX, BABA. Find out about Morningstar’s editorial policies.