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Bogle: Strategic-Beta Funds Don't Have Long-Term Advantages

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Bogle: Strategic-Beta Funds Don't Have Long-Term Advantages
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Christine Benz recently sat down with Vanguard founder Jack Bogle to get his take on the state of the industry. The following is an excerpt of that conversation. Please see the related links for more of the interview.

Christine Benz: There has been a vogue for what's called strategic beta or factor investing or whatever you want to call it. What's your take on that general phenomenon that we've seen take hold?

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Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.