The Index Mutual Fund: 40 Years of Growth, Change, and Challenge

John C. Bogle

Financial Analysts Journal, 2016, vol. 72, issue 1, 9-13

Abstract: The author marks the 40th anniversary of the creation of the first index mutual fund (now the Vanguard 500 Index Fund) by examining decades of data, which reveal that passive index funds have consistently outperformed their actively managed counterparts. Editor’s note: This article was reviewed and accepted by Executive Editor Stephen J. Brown.Author’s note: The views expressed in this essay are solely those of the author and do not necessarily reflect the opinions of Vanguard’s present management.

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.2469/faj.v72.n1.5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ufajxx:v:72:y:2016:i:1:p:9-13

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ufaj20

DOI: 10.2469/faj.v72.n1.5

Access Statistics for this article

Financial Analysts Journal is currently edited by Maryann Dupes

More articles in Financial Analysts Journal from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().