The Vanguard Group
The Vanguard Group
Four C Analysis
Company:
The Vanguard Group, headquartered in Valley Forge, PA, is the nation's second-largest mutual fund and a leading provider of company-sponsored retirement plan services. Vanguard serves come 18 million shareholders accounts and manages approximately $850 billion in US mutual fund asssets, including more than $260 billion in employer-sponsored retirement plans. Vanguard offers 130 funds to US investors and 40 additional funds in foreign markets.
Vanguard's corporate structure creates two major benefits for its shareholders:
· Tremendous cost savings
· Services with an unwavering client focus
Admiral Shares were introduced by Vanguard in November 2000 to recognize and encourage the cost savings associated with large and long-tenured accounts by passing along these savings to these shareholders in the form of lower fund expense ratios. Vanguard is simplifying the eligibility criteria for Admiral Shares and lowering the......
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Approximate Pages: 12 (250 words per double-spaced page)
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