GMO与Vanguard:评估可比基金的表现

ERN: Mutual Form (Topic) Pub Date : 2010-10-01 DOI:10.2139/ssrn.1701949

Edward Tower

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引用次数: 0

摘要

GMO是一家知名的共同基金公司，服务于富有的客户。共同基金账户的最低投资额是1000万美元。转基因生物的网站是一个有用的和有趣的信息字体。不能投资转基因生物的先锋投资者是否应该嫉妒那些有机会投资转基因生物基金的富人?本文的问题是，拥有类似先锋基金的GMO基金的回报是高于还是低于先锋基金的回报，以及回报多少。Vanguard的一些同行是有索引的。因此，本文也提供了选股者是否优于指数者的证据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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GMO versus Vanguard: Assessing the Performance of Comparable Funds

GMO is a well known mutual fund company that serves wealthy clients. The minimum investment for a mutual fund account is 10 million dollars. GMO’s web site is a font of useful and entertaining information. Should the Vanguard investor who can’t afford to invest with GMO be envious of the wealthy who have access to GMO funds? This paper asks whether the GMO funds that have similar Vanguard counterparts over‐return or under‐return their Vanguard counterparts, and by how much. Some of the Vanguard counterparts are indexed. Thus, this paper also provides evidence on whether stock pickers can beat indexers.

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ERN: Mutual Form (Topic)

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