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Vanguard Index Fund Celebrates 50th Birthday

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Eric Balchunas marks the 50th anniversary of the first index fund, the Vanguard 500 Index Fund. It launched on August 31st, 1976 and eventually led the way for passive investing.

Eric Balchunas marks the 50th anniversary of the first index fund, the Vanguard 500 Index Fund. It launched on August 31st, 1976 and eventually led the way for passive investing. (Source: Bloomberg)
Vanguard Index Fund (ORG) Eric Balchunas (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →