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by 3pm
730 days ago
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Vanguard just tracks indexes. Indexes that include all publicly traded auto manufacturers in the world. E.g. Toyota: https://www.morningstar.com/funds/xnas/vtiax/portfolio Most of Vanguard is a large bureaucracy with two goals: accurately track an underlying index and keep the cost low. They do have some actively managed funds but those are insignificant compared to their passive funds. |
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