By-Chintan pramanik
There are no doubts anymore that this is an era of technology, a glowing time for smart people and a period for faster growing markets. You can`t just see calmly and see everyone is growing bigger and better not only than you, than your thoughts also. Because, that means you cannot match steps with the flow. At least, you have to try. Yes, I am talking about investing your money at some valuable fund.
But, wait for a moment. Are
you going to do this venture on your own ideas or do you need some help? Clear
this thing first in your mind. On a serious note, you don`t want to be that
blind person who does not have even a stick on his hand. Am I right? The
vanguard comes at that moment not as a stick, but as a lifeboat. Yes, I totally
mean it. The investors of this company know that meaning by their life. You
will find that also. Just sit back and keep reading this article with a relax
mind.
What is The Vanguard
Group?
It is an American based investment advisor
with over $5.1 trillion in assets under management. Yes, you read that right.
It is the largest provider of mutual funds and second largest provider of
exchange traded funds in the world just after Blackrock’s ishares as of January
31, 2018. It also offers i) Brokerage services, ii) Variable & fixed
annuities, iii) Educational account services, iv) Financial planning, v) Asset
management, vi) Trust services.
Now you are getting into the groove, right? Let’s quickly check out some
facts about the vanguard.
·
Began
operations - May 1, 1975
·
Founder
– John C. Bogle
·
Corporate
Head Quarter – Valley Forge, Pennsylvania
·
Oldest
Fund – Wellington fund (Inception: July 1, 1929)
·
No.
of Funds – About 180 U.S. funds and
about 208 additional funds outside the United States.
·
No.
of Investor – More than 20 million
investors in 170countries.
·
Present
Chairman – F. William Macnabb III
·
Present
CEO – MORTIMER J. Buckley
·
No.
of Crews – Around 16000
·
It raised $11million in its initial public
offering, while within a year the assets goes up to almost $100million.
·
The ‘Vanguard’ name comes from the Horatio Nelson’s flagship at the
battle of the Nile, ‘HMS Vanguard’
Wait,
wait, wait…..just hold on for a second. You can gather that knowledge also from
Wikipedia, right? Then why you should read this article even for once? Are not
this question has already bother you a little? Luckily, I have a definite
answer for that. I can explain you a fine portrait in such a way, where you can
see the bigger picture of your future with vanguard. Getting enthusiastic? Here
you go.
Take a time period of ten years. At the end of that period, one’s
moderate (60% equity) portfolio at fidelity returns 7.8%, while the moderate
vanguard portfolio returns 9.1%. On a one-time investment of $10,000 this
difference is $2789, represents nearly 28% of the entire initial investment and
that also for only ten years. And if you continued the calculation out for ten
years more, the difference would be worth more than 120% of the entire initial
investment. Can you imagine this far?
This is vanguard for people who want to upgrade their life. It has lower
expenses, lower turnover and more index funds, i.e. higher returns and lower
risks. Hope this article gives you a brief knowledge about vanguard fund
management. Thank you.
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