Saturday, 6 October 2007

Bogle an Active Investor?

Some people have blamed Bogle for being against ETFs (exchange traded funds), many of which have lower management expense ratios than traditional index mutual funds. But I have read an old article in BusinessWeek about how Bogle has most of his money in actively managed funds rather than passively managed funds. See Where Vanguard's Heavy Hitters Put Their Money.

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