Well, you’re a shareholder in that fund. The fund is a shareholder in the end companies.
In practice, this means Vanguard/Fidelity/Schwab/etc have people whose job it is to research and vote in shareholder meetings for the companies where the fund has significant ownership. That’s a big part of what the fund’s expense ratio is paying for.
Well, you’re a shareholder in that fund. The fund is a shareholder in the end companies.
In practice, this means Vanguard/Fidelity/Schwab/etc have people whose job it is to research and vote in shareholder meetings for the companies where the fund has significant ownership. That’s a big part of what the fund’s expense ratio is paying for.
The fund is a product