Research Library

Tax and Costs

PDF Topic and Description

The Attraction of Tax-Managed Index Funds
This article analyses the gross and net returns of the past 25 years to demonstrate how much investors typically have lost to taxes and to fees. The author, James Garland, president of the Jeffery Company, argues that the biggest costs to investors are taxes and that a tax-managed index fund is particularly effective at reducing taxes and thereby improving net returns.

Investment Returns*
Warren E. Buffett's cautionary message on how costs reduce investment returns

Tax Efficient Investment
This paper aims to provide a fast-track guide to the current state of tax-aware investment research...

After-Tax Investing
Section 2b examines Australian equity managed funds including after-tax returns to investors...

NOTE: The materials listed above may have been prepared in the United States or other jurisdictions and the data may therefore relate to foreign products (including mutual funds offered by The Vanguard Group, Inc.). The materials may not represent our views. The materials are presented for your information and reference only and are not intended to advertise or solicit investments in any foreign products or any other product . Vanguard Investments Australia Limited is unable to facilitate investment for you in any products which may be offered by The Vanguard Group, Inc.

Go to top

More resources

Popular investment tools

Funds at a Glance Vanguard’s range of 23 investment options

Call us on 1300 655 205
GENERAL ADVICE WARNING

Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263 / RSE Licence L0001335) is the product issuer. We have not taken yours and your clients' circumstances into account when preparing our website content so it may not be applicable to the particular situation you are considering. You should consider yours and your clients' circumstances and our Product Disclosure Statement (PDS) or Prospectus before making any investment decision. You can access our PDS or Prospectus online or by calling us. This website was prepared in good faith and we accept no liability for any errors or omissions. Past performance is not an indication of future performance.

We are the trustee of: Vanguard® Personal Superannuation Plan ABN 81 550 468 553.

© 2012 Vanguard Investments Australia Ltd. All rights reserved. "Vanguard", "Vanguard Investments", "LifeStrategy" and the ship logo are the trademarks of The Vanguard Group, Inc.