You've known us for leading the indexing revolution. But we recognize some investors follow different paths to financial success.
That's why we offer more than 70 U.S.-based actively managed funds, spanning a range of stock, bond, and balanced funds in U.S. and international investments.
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Access premier money managers
Our size and reputation allow us to carefully select partners from across the globe. We build deep relationships with their investment teams and continually evaluate their performance.
Trust in our disciplined investment approach
Because creating long-term value matters to you, we pursue the funds' objectives without taking excessive risk.
Benefit from client-first decision-making
We tie our fund managers' pay directly to the long-term performance of the funds they oversee, leading to sound decision-making that puts your interests first.
The strategy of investing in multiple asset classes and among many securities in an attempt to lower overall investment risk.
When a fund is actively managed, a portfolio manager hand-picks the fund's investments. The goal is to earn returns that beat a specific market benchmark.
Actively managed funds provide something indexing can't—the chance to outperform the fund's benchmark. The benchmark is an unmanaged group of stocks or bonds whose overall performance is used to measure an investment's performance. We call this "alpha."
The fund manager uses in-depth research, market forecasting, experience, and expertise to select investments (the manager oversees the fund for you, but does not manage your individual investment portfolio).
One actively managed fund can hold dozens of stocks and bonds—many more than you'd generally buy on your own.
The way your account is divided among different asset classes, including stock, bond, and short-term or "cash" investments. Also known as "asset mix."