On 19th April , The Business Time published an article on issues related to ETF , “Vanguard is growing faster than everybody else , combined !! “.
No doubt , ETF which is tracking indexes from all over the world is getting so popular because of lower cost as compare to active management.
“In the last three calendar years, investors sank USD$823 billion into Vanguard Funds , by any measure , these are staggering figures. Vanguard’s asset under management have skyrocketed to USD4.2 trillion from USD 1 trillion seven years ago. “ according to the company.
“Flow of this magnitude into one company are unprecedented, the triumph of index fund investing means Vanguard’s traders funnel as much as USD 2 billion a day into stocks like Apple, Microsoft and Amazon as well as thousands of smaller companies that the firm’s fleet of fund.”
With such scale and magnitude , some analyst start to think and called for more cautious approach on ETF as it may be the cause ......
