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YouTubeBloomberg Podcasts
Vanguard Rivals Finally Get Hands On Its Tax-Busting Fund Design
For more than two decades, US money managers have looked on enviously as Vanguard Group reaped the benefits of a unique structure that grafted the advantages of an ETF onto its biggest mutual funds. The design, protected by patent, saved its investors billions of dollars and helped the Jack Bogle-founded firm grow into an $11 trillion giant ...
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