by Alex
Vanguard is a company that is structured as a mutual
company. It is owned by funds that are managed by the company, so therefore is
owned by the customers. Vanguard offers 2 different kinds of classes of most of
its funds; investor, and admiral shares. Admiral shares have lower expense
ratios, but have a much higher minimum investment, from 10-100 thousand dollars.
The Vanguard Group was founded by John C. Bogle in Malvern, Pennsylvania
in1975. Now, the AUM is upwards of $5 trillion.
The current CEO is Tim Buckley, and the current Chairman is F. William
McNabb III. If you are looking to invest in a vanguard fund, the best one would
be VI TAX, with an overall rating of A+ and a risk grade of C+… so it must be a
good investment. Furthermore, it is recommended that you invest in the VTI,
which has the lowest fee on a fund. To sum it all up, the Vanguard Group is a
multitrillion dollar company, and is a very good company to invest towards.
All information acquired from;
