The first index fund that could be
accessed by retail investors was launched by Vanguard in 1975.
Not exact matches
The problem with this book is that the author falls into the index - zealot's trap of assuming that all «active investing»
retail investors are stock pickers who arre overmatched
by their professional counterparts, and their
access to more and better information.
Of course, this is explained
by the fact that
retail investors can only
access DFA funds through advisors that are approved
by DFA to use their funds.
This trend has been driven
by the groundswell of demand for alternatives that offer the benefits of liquidity and transparency, and it has created an opportunity for
retail investors to participate in strategies that historically only the ultra-wealthy had
access to.
By limiting liquidity, interval funds offer real estate
investors access to institutional grade investments with minimum investments that are low enough to be affordable for almost any
retail investor.