Comment on Barron's: Bogle explains why Vanguard employees won’t have a flagship S&P 500 fund in their 401(k)

Barron's: Bogle explains why Vanguard employees won’t have a flagship S&P 500 fund in their 401(k)

Vanguard Group is removing its flagship 500 Index fund (VINIX), which tracks the S&P 500, from its employees’ 401(k) plan. It sounds pretty shocking until you talk to Jack Bogle, inventor of the index fund, as we did.

 

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