Vanguard - 10 things to know with detail
- 1. Vanguard is one of the largest investment management companies in the world, with over $6 trillion in assets under management as of 2021.
- 2. The company was founded in 1975 by John C. Bogle, who is credited with creating the first index fund available to individual investors.
- 3. 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.
- 4. 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.
- 5. The company is structured as a mutual fund company, meaning that it is owned by its funds and, in turn, its fund shareholders.
- 6. Vanguard is known for its client-first approach, with a focus on providing investors with straightforward, transparent, and low-cost investment options.
- 7. 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.
- 8. Vanguard is also known for its unique ownership structure, which helps to align the interests of the company with those of its investors.
- 9. 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.
- 10. Vanguard has a global presence, with offices and operations in countries around the world, including the United States, Europe, Asia, and Australia.