JOHN BOGLE
Founder of The Vanguard Group, Inc., an investment management company. Bogle is also a major personality in the index investing community. He was the first individual to offer an index refund to retail customers. In 2002, Vanguard 500, Bogle’s flagship, became the world’s biggest mutual fund assets. He wrote the book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, a bestseller and considered a classic. Bogle is also a proponent of passive investing over active management, as well as for low fees and no sales charge.
POPULAR TERMS
Proved Reserves
It refers to the amount of resources that can be recovered from the deposit with a reasonable certainty level.
Cumulative Discount Privilege
In mutual fund, a way an investor can become eligible for lower fees by getting the sum of multiple transactions in several funds within the same f ...
Commercial Hedger
Companies purchasing futures positions in commodities to control its costs. When used in creating a product or service, corporations can hedge to r ...
Hurdle Rate
The minimum rate of return required by a manager on a project. The riskier the project, the higher the hurdle rate.
Sensex
Sensex is the abbreviation for the index of the Bombay Stock Exchange (BSE) that is the Bombay Sensitive Index. In 1986, the Sensex was initially c ...
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