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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
From SPGlobal.com -
"The S&P U.S. Dividend Growers Index is designed to measure the performance of U.S. companies that have followed a policy of consistently increasing dividends every year for at least 10 consecutive years. The index excludes…
Summary prospectus announcing the above change -
https://personal.vanguard.com/pub/Pdf/sp602.pdf?2210173701
Pg 2 -
"The changes to the Funds’ target indexes are not expected to increase Fund
expense ratios. The transition may cause each Fund to r…
@LewisBraham, Thanks for the post and link.
As an edit to my previous post, I am not opposed to paying fees of any magnitude if it is commensurate with the uniqueness of the offering (I.e., where alternatives are scarce).
My only comment would be why pay for AKREX whose turnover is 4%. May be just buy the components on your own and keep track of portfolio changes. I do not understand how these mangers are able to make hundreds of million in fees for doing so little…
@mcmarasco, "What do you feel is an appropriate honeymoon?" That was my question too. It seems investors already give him an overwhelmingly good grade because half of the $5B AUM came in as net inflows just in 2021. May be the fund's 2021 perform…
Unlike previous cycles, most excesses in capital markets are self correcting in this cycle, except the elephant in the room - crypto. Unlike equities, which eventually have to prove with earnings, what will cause the crypto craze to go bust when yo…
Since Dodson left, PARWX looks less volatile and less alpha. Not long enough time to predict what the future could be but one hopes Hwan does not go overboard with tinkering the previously winning formula. Obviously, he will do what he thinks work…
A lot of economists practice some form of market timing in making themselves relevant and popular. If you are looking for outside the box thinking for solving social and economic problems, Raghuram Rajan’s works might interest you. His views and pr…
There were doom and gloom economic projections with potential y2k problems and stock market marched through that, similar to the current problem of pandemic. So, may be there is a similar big capex or other spending going on or anticipated. I do n…
I have not read the article for nuances but looking at the table posted in this thread, why are somewhat duplicative profits and dividends stated as separate factors? I would have thought corporate profits would subsume dividends. If they are comb…
ER is only 1.05% for I class shares. Proof of conviction may be evidenced by how much the managers invest in the fund right out of the gate. The website has not populated much info, not even daily price changes.
Would not limiting these to PAS only clients limit AUM, somewhat requiring higher ER - i.e., lack of scale. May be Vanguard will eventually make these funds available to retail clients as it continues to push into the active investing.
Thanks, @msf, for the detailed post. Just an FYI - a few years ago, I tried to convert at Schwab investor class shares of a Vanguard active fund into Admiral shares and it was not possible and I had to move the investment to Vanguard. So, it is po…
@fundly,
Re your first post above mentioning that Vanguard Admiral shares are available at Firstrade, is this availability outside Vanguard limited to Firstrade or other brokerages also carry Vanguard Admiral shares?
Thanks.
Rforno, what is the effective date of the revised fees structure you mentioned? Every place on the TDA site I looked it still shows the old pricing. I also checked Standard Retail Pricing: Commissions and Fees document revised 08/21 - TDA 4075 F …
Graust, NTFs are subject to STR fees in most mainstream brokerages and are true at TDA as well. I wish they decrease the 180 day period to 60 days like Fido and Vanguard. The no fees on sales posted above would be only for TF funds, which has been…
