Vanguard announced changes Monday to the investment advisory arrangements of the Vanguard Explorer Value Fund (VEVFX), with Wellington Management Co.
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Vanguard Announces Advisory Changes for Vanguard Explorer ...
PRNewswire/ -- Vanguard today announced changes to the investment advisory arrangements of Vanguard Explorer Value Fund. Wellington Management Company LLP.
Read more at PRNewswire
Vanguard - 10 things to know with detail
Vanguard is one of the largest investment management companies in the world, with over $6 trillion in assets under management as of 2021.
The company was founded in 1975 by John C. Bogle, who is credited with creating the first index fund available to individual investors.
Vanguard is known for its low-cost index funds and ETFs, which track various stock and bond indexes and aim to provide investors with broad diversification and low fees.
Vanguard offers a wide range of investment products, including mutual funds, ETFs, individual stocks and bonds, and retirement accounts such as IRAs and 401(k) plans.
The company is structured as a mutual fund company, meaning that it is owned by its funds and, in turn, its fund shareholders.
Vanguard is known for its client-first approach, with a focus on providing investors with straightforward, transparent, and low-cost investment options.
The company's flagship fund is the Vanguard 500 Index Fund, which tracks the performance of the S&P 500 index and is one of the largest and most popular mutual funds in the world.
Vanguard is also known for its unique ownership structure, which helps to align the interests of the company with those of its investors.
Vanguard has a strong commitment to sustainability and ethical investing, offering a range of socially responsible investment options for investors who want to align their investments with their values.
Vanguard has a global presence, with offices and operations in countries around the world, including the United States, Europe, Asia, and Australia.