[Smart Investing] Higher fees - a global investor issue

Click here to view Smart Investing™ online. Smart Investing™ With Robin Bowerman Principal, Market Strategy and Communications   12 May 2014   IN THIS EDITION: Higher fees - a global investor issue Messages worth remembering Past winners, future losers? Higher fees - a global investor issue The Economist holds a special place in the global business and political worlds. It is both a champion of free market capitalism and democracy and staunch critic of many in the way those ideas are delivered.   Read more Messages worth remembering Sometimes we read an investment homily or saying from the likes of Warren Buffett that provides a valuable yet disarmingly simple investment lesson. Typically, these lessons are made more palatable with a little humour.   Read more Past winners, future losers? Some investors assume that actively-managed share funds that have been top performers in the past are likely to outperform in the future.   Read more Vanguard in the news Cheap is cheerful The Economist Magazine | May 3rd 2014 The first stockmarket index fund was created more than 40 years ago, in 1973. Two years later Jack Bogle of Vanguard launched the first index fund for retail investors. Dismissed at the time as a folly, the fund started with $11m in assets; it now runs $166 billion, on which the annual costs paid by investors are less than one-fifth of a percentage point. To read more, please visit the The Economist website. Please note the link above will show a copy of the article (where freely available), or the publisher's website if a subscription is required. QUICK LINKS Exchange Traded Funds Performance News and Commentary Retail Managed Funds Client services Online: Click here to see contact details for the Vanguard Client Services Team around Australia. Client service associates are available from 8:00am to 6:00pm, Monday to Friday (Melbourne time). Email: clientservices@vanguard.com.au Telephone: 1300 655 101 8:00am - 6:00pm Monday to Friday, Melb time. Vanguard ETF Help desk: 1300 655 888 8:00am - 6:00pm Monday to Friday, Melb time. Unsubscribing from this email: To unsubscribe from this newsletter, please click here or contact us on 1300 655 101. General advice warning Vanguard Investments Australia Ltd ABN 72 072 881 086 / AFS Licence 227263 is the product issuer. We have not taken your or your clients' circumstances into account when preparing the information in our electronic publications so they may not be applicable to your circumstances. You should therefore consider your or your clients' circumstances and our Product Disclosure Statement (PDS) before making any investment decision. You can access our PDS here or by calling 1300 655 205. Past performance is not an indication of future performance. Our electronic publications are prepared in good faith and we accept no liability for any errors or omissions. Not all articles are prepared by Vanguard so they may not represent our views and opinions. Vanguard Investments Australia Limited is in no way responsible for the content or loss resulting from use of any website owned by a third party that may be linked to this email via hyperlink. © Copyright 2014 Vanguard Investments Australia Ltd. All rights reserved. Terms and conditions of use  |  Disclaimers  |  Privacy policy CONNECT WITH US  LinkedIn  Twitter