Vanguard: should you take the middle way?

Has Vanguard finally moved into 'smart beta' investing? Mischa Frankl-Duval looks at the American fund giant's latest products.

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Get active or go passive? There is another option

American fund giant Vanguard is best known for its very low-cost "cap-weighted" passive funds (in other words, funds where the amount invested in each stock is in proportion to their market value). So the news that it's launched four "factor-weighted" exchange-traded funds (ETF) on the London Stock Exchange has been seen as a change of direction.

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Mischa graduated from New College, Oxford in 2014 with a BA in English Language and Literature. He joined MoneyWeek as an editor in 2014, and has worked on many of MoneyWeek’s financial newsletters. He also writes for MoneyWeek magazine and MoneyWeek.com.