News for hackers. Stuff that matters.

A comment on Are Index Funds Eating the World?. Parent comment

Re:Are Index Funds Eating the World? by nicky0 on Saturday August 27, 2016 @08:55AM (#12372151)
Vanguard's LifeStrategy funds are an index of indexes.
[ Parent | on HN ]
Re:Are Index Funds Eating the World? by cesarbs on Saturday August 27, 2016 @01:39PM (#12373316)
They're a fund of funds but not an index of indexes. An index of indexes would be composed of indexes weighted by how much money is invested in each. Vanguard's LifeStrategy funds have fixed allocations to each underlying fund.
[ Parent | on HN ]
Re:Are Index Funds Eating the World? by nicky0 on Wednesday August 31, 2016 @04:01PM (#12401056)
Useful to know, thanks for the correction.
[ Parent | on HN ]