|Expense Ratio (net)||0.04%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Nov 13, 2000|
The number of complex investment strategies available to investors has never been greater. This all-knowing market mechanism makes it difficult to identify stocks that are mispriced, so the logical conclusion is that you should simply own the index and take advantage of the market's long-term aggregate growth.
“Index-fund managers are the underappreciated rock stars of finance,” observes indexing expert Dave Nadig.
What does an index-fund manager do, anyway? Meet Michelle Louie, co-manager of Vanguard 500 Index Fund.
Putting together a perfect set-it-and-forget-it portfolio has served financial advisor Christina Empedocles well over the last two decades, and here's why.
The Vanguard Group founder says he's not in the same league as Warren Buffett, but that the Oracle of Omaha is a 'great believer' in index funds.