A Sneak Peek at Vanguard’s High-Conviction Active Equity Funds for Advisory Clients
These strategies’ potential shouldn’t cloud their risks or lessons from Vanguard’s own history.
These strategies’ potential shouldn’t cloud their risks or lessons from Vanguard’s own history.
Vanguard’s expected launch later this year of three new high-conviction active equity funds for its Personal Advisor Services clients will be the indexing giant’s largest simultaneous debut of traditional stock-picking strategies since the 1990s. Vanguard also plans to combine these three new funds with two existing ones to create a curated five-fund active equity lineup for those clients.
Alec Lucas has a position in the following securities mentioned above: VDIGX, VWILX, BABA. Find out about Morningstar’s editorial policies.