A low-cost investment leader that puts clients first.
What sets Vanguard apart – and lets Vanguard put investors first around the world – is the ownership structure of The Vanguard Group, Inc., in the United States.
Rather than being publicly traded or owned by a small group of individuals, The Vanguard Group is owned by Vanguard's U.S.-domiciled funds and ETFs. Those funds, in turn, are owned by their investors.
This unique mutual structure aligns our interests with those of our investors and drives the culture, philosophy, and policies throughout the Vanguard organization worldwide.
In US offshore markets, Vanguard leverages the scale, experience and resources of our established global business. Vanguard's ownership structure means that our clients don’t have to worry that we’ll be acquired. The company they invest with today will continue to serve them in the future.
The Vanguard Group, Inc.: Key facts and figures*
|Total assets under management:||$5.3 trillion|
|ETF assets:||$993 billion|
|Funds offered:||About 190 in the U.S. and about 221 in markets outside the U.S.|
|Headquarters:||Valley Forge, Pennsylvania, USA|
|Chairman:||F. William McNabb III|
|CEO:||Mortimer J. Buckley|
|Number of employees:||About 16,600 worldwide|
|Ireland-domiciled products:||Vanguard offers 29 mutual funds and 25 ETFs|
*Data as at 30 September 2018. Monetary figures are in US dollars.
**The Vanguard Group, Inc. is owned by its US-domiciled funds, which are owned by their shareholders.
Investors can't control the markets, but they can control the costs of investing. Providing low-cost investments isn't a pricing strategy for us. It's how we do business.
We can keep costs low because of our unique ownership structure in the United States, which allows us to return profits to investors through lower costs.
Vanguard's scale also helps to keep costs low. As our assets under management increase globally, we can reduce expense ratios for the investors in our funds.
The ownership structure of The Vanguard Group aligns our interests with those of our clients. Because Vanguard is not publicly traded, we can extend the benefits of that structure to our clients in U.S. Offshore markets.
From rigorous risk management to transparent pricing to plain talk communications, we put our clients' interests first.
Everything we do at Vanguard is designed to give our clients the best chance for investment success.