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[8] [9] In December 1987, Vanguard launched its third fund, the Vanguard Extended Market Index Fund, an index fund of the entire stock market, excluding the S&P 500. [25] Over the next five years, other funds were launched, including a small-cap index fund, an international stock index fund, and a total stock market index fund.
The largest growth of the fund occurred under Lynch's management with a growth in assets invested in the fund from $18 million to $14 billion during his tenure. [4] However, the best annual return was 116.08% in 1965, and the best three year record was 68.32% annualized between 1965 and 1967, as the fund was operating with limited assets and ...
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On Monday, March 4, 1957, the index was expanded to its current extent of 500 companies and was renamed the S&P 500 Stock Composite Index. [1] In 1962, Ultronic Systems became the compiler of the S&P indices including the S&P 500 Stock Composite Index, the 425 Stock Industrial Index, the 50 Stock Utility Index, and the 25 Stock Rail Index. [20]
In September 2011, Goldman Sachs announced that it was shutting down Global Alpha Fund LP, its largest hedge fund, which had been housed under Goldman Sachs Asset Management (GSAM). [ 83 ] [ 84 ] Global Alpha, which was created in the mid-1990s with $10 million, [ 85 ] was once "one of the biggest and best performing hedge funds in the world ...
Philadelphia (/ f ɪ l ə ˈ d ɛ l f i. ə / ⓘ fill-ə-DEL-fee-ə), colloquially referred to as Philly, is the most populous city in the U.S. state of Pennsylvania [11] and the sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 census.
Nigeria, [a] officially the Federal Republic of Nigeria, is a country in West Africa. [9] It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south.
Houston (/ ˈ h juː s t ən / ⓘ HEW-stən) is the most populous city in the U.S. state of Texas and the Southern United States.Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat of Harris County; as well as the principal city of the Greater Houston metropolitan area, the fifth-most populous metropolitan statistical area in the United States and the second ...