John Bogle was an investor and founder of the Vanguard Group, one of the largest investment companies in the world.
Bogle created index investing, which allows investors to buy mutual funds that track the broader market.
Bogle introduced the Vanguard 500 fund, which tracks the performance of the S&P 500 and became the first index fund designed for retail investors.
One of Bogle’s pioneering achievements was to invest in mutual funds inexpensively by creating no-load funds.
Investing in indices uses a passive investment strategy that only requires the manager to ensure that the fund’s assets match those of the benchmark index.
Mutual Fund Common Sense: New Imperatives for the Smart Investor is Bogle’s book on investing that has since become a classic for investors around the world.
A floating rate fund is a fund that invests in financial instruments with variable or floating interest rates. A floating rate fund invests in bonds and debt instruments, the interest payments on which fluctuate depending on the level of the base interest rate.
Go-go fund - a mutual fund with an investment strategy focused on growth stocks and other high-risk securities.
These funds were at their peak in the 1960s, attracting investors with the promise of unusually high market returns.
A Growth and Income Fund is a mutual fund or ETF strategy that seeks to generate a total return for investors, including capital gains and current income.
Lifecycle funds are asset allocation funds in which the share of each asset class automatically adjusts to reduce risk as the desired retirement date approaches.
Market neutral refers to a type of investment strategy used by investment managers who seek to profit from both rising and falling prices in financial markets.
Market timing is the act of moving investment money into or out of the financial market - or switching funds between asset classes - based on predictive methods.