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I'm confused as to how Vanguard can be owned by its funds. I've read https://about.vanguard.com/what-sets-vanguard-apart/why-ownership-matters/ but I don't know what, "In contrast, the Vanguard funds own the management company known as Vanguard," means exactly. Any help understanding this?



Submitted May 28, 2018 at 07:47PM by OnlyPretending https://ift.tt/2ISkAha

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