Americans should send vanguard packing
Currently, it is composed of 5753 stocks.
Any Chinese company is part of CCP and Chinese military…. There is no difference, CEOs may where suits, and talk a good game, but in the end it is Xi who calls the shots and benefits
BTW, just a little while ago, Chinese real estate companies like evergreen were the golden Childs, now you will be lucky to get 5 cents on the dollar, and I doubt even that
This post is for the ignorant probably to help sell gold or active funds.
First, Vanguard was the leader in index funds. Today virtually, every investment firm provides index funds. This means that Vanguard is not the sole holder of Chinese shares.
Second, indexes are established by third parties, not those following the index. Investors are attracted to index funds because they tend to out perform active investments after expenses.
Third, there are two primary ways to invest in stock. The first is when the company issues the stock. This is when the actual funds are invested in the company. Ordinarily, the index fund only includes stocks that have been listed for a period of time. The second way an investor invests is to purchase the stock from another investor. The money invested does not go to the company.
To summarize, the investors in Vanguard hold the stock not Vanguard. Vanguard is following an index created by third parties. Vanguard is not alone in following indexes. The cash from purchases of index funds are not deposited in the companies bank account.
She freaking stalked me.....LOL!!!