“Enhanced” Index Funds: Can They Beat the Market?

John “Jack” Bogle, founder and former chairman of the Vanguard Group and father of the index mutual fund, passed away this week at the age of 89. Here is an article he contributed to the¬†AAII Journal in 2007, which has been edited to reflect new data. Since the inception of the first index mutual fund…

 

How Risky are ETFs?

The August 24 “flash crash” has some industry experts questioning the safety of ETFs, according to a Wall Street Journal article. ETFs, or exchange-traded funds, offer investors the diversification of a closed-end mutual fund but differ in that they trade on exchanges all day like stocks. Beyond offering the ability to trade like stocks, ETFs…