3 years since the COVID crash. A passive and active strategy. Bank closures and bond funds | View this email online | | | Welcome to this week's edition of Smart Investing.
The COVID market crash has become a distant memory for most investors. Some investors exited the Australian share market back then, either for a short period of time or permanently, and fled to cash. Our lead article uses two examples to calculate the financial cost from making that decision at the time, and highlights the danger of trying to time markets.
We also compare the returns from index funds in 2022 with the performance of Australian active fund managers. See how they did, and read why having a portfolio with passive and active holdings can be a powerful strategy.
Lastly, we give our perspective on recent bank events and explain how our active bond portfolios fared afterwards, and how they're positioned to handle 'Vanguard weather'.
Our mission at Vanguard is to take a stand for all investors, to treat them fairly, and to give them the best chance of investment success. | | | Counting the cost of timing the market | Three years on from the COVID crash, we show what the financial cost could have been from selling out of the share market in 2020. | Read article | | | | | Investing on the share market: Passive or active? | Index funds continue to outperform most, but not all, active managers over time. Here's a way both could be used in a portfolio. | Read article | | | | | Bank closures' impact on fixed income markets | Offshore banking events recently caused havoc on bond markets. We explain how our active bond funds have been positioned to handle 'Vanguard weather'. | Read article | | | | | Our investment and economic forecasts, March 2023 | Our latest forecasts for investment returns and our region-by-region outlook. | Read article | | | | | Devil in the detail on super changes | Proposed changes to superannuation have the potential to reshape the retirement landscape. The objective of super remains the missing ingredient in the mix. | Read article | | | | Vanguard and its employees wish to acknowledge the Traditional Custodians of Country throughout Australia where we operate our business. We recognise their connection to the land, water and culture and wish to pay our respects to their Elders past, present and emerging.
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