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Float-adjusted indices offer a more accurate reflection of the investible market and help to mitigate risk in countries where central banks have large bond holdings.
Float-adjusted indices offer a more accurate reflection of the investible market and help to mitigate risk in countries where central banks have large bond holdings.
Our unique mutual ownership structure in the US, where we are owned by our clients*, means our interests are aligned with those of our investors globally. It is this structure that underpins our core purpose, which is to take a stand for all investors, treat them fairly and give them the best chance for investment success. Read our guides to discover the true Vanguard difference.
*The Vanguard Group, Inc. is owned by Vanguard's US-domiciled funds and ETFs. Those funds in turn are owned by their investors.