The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Advisor Pub Highlights ETF Spat Between Vanguard and Bogle Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 18, 2012

Advisor Pub Highlights ETF Spat Between Vanguard and Bogle

News summary by MFWire's editors

Despite Jack Bogle's public criticism of ETFs, Vanguard [profile] is fighting back against attacks on the ETF business.

Jason Kephart of InvestmentNews reports on a new Vanguard study, which examined more than 36,000 ETF positions and more than 500,000 mutual fund positions under the Vanguard Total Stock Market Index Fund (VTI), Vanguard Total Bond Market Index Fund (BND), Vanguard Emerging Markets Index Fund (VWO) and Vanguard REIT Index Fund (VNQ) from 2007 through 2011.

InvestmentNews notes that, at a conference in February, Bogle said, "There's no question that ETFs are the greatest trading innovation of the 21st century ... But the question is 'Are they the greatest investment innovation?' No."

The Vanguard team's conclusions contradict their founder and others who claim that ETFs encourage excessive trading which is not good for longterm clients.

Joel Dickson, a principal in Vanguard's investment strategy group, is quoted explaining that:

“While differences exist between the characteristics of people who buy each investment type, our analysis shows that claims of speculative trading behavior among ETF investors are greatly exaggerated." 

Edited by: HFD

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use