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Vanguard Voicesâ„¢

Portfolio construction

Portfolio construction

A Tale of Two Decades

U.S. equities outperformed their international counterparts by 8 percentage points per year on average over the 10 years ended December 31, 2019. However, our proprietary Vanguard Capital Markets Model (VCMM) suggests that this outperformance is unlikely to persist over the next 10 years.

23 Dec 2020
read time15 min
Portfolio constructionInna Zorina

When to replace fundamental active equity funds with factor funds

The continued development of strategies to harvest factor returns in a low-cost manner has effectively raised the bar for many fundamental active managers who need to generate outperformance to justify their higher fees.

29 Oct 2020
read time3 min
Portfolio construction

Can active equity managers be cloned using factor funds?

Vanguard presents a framework for determining if an active equity manager can be cloned using factor funds.

15 Oct 2020
Portfolio construction

An enduring solution to low yields

An introduction to Vanguard's approach to total return investing.

07 Sep 2020

Spotlight articles

Markets and economy

Rising rates don't negate benefits of bonds

05 Apr 2021read time7 min
Markets and economy

BBBs in a post-COVID economy

28 Mar 2021read time6 min
Markets and economy

Vanguard economic and market update - March 2021

25 Mar 2021read time8 min
Markets and economy

Digital currencies and investment portfolios

19 Mar 2021read time4 min
Portfolio constructionRachel White

ESG: Putting it all together and making decisions

Interest in ESG in Australia is healthy and growing, even as measured against global trends and the events of 2020 have only compounded those preferences.

02 Sep 2020
read time6 min
Portfolio constructionDuncan Burns

Choosing an index fund: it's more than just expense ratio

Since the first index fund was launched some 45 years ago, millions of investors across the world have taken advantage of this easy-to-implement investment vehicle that offers transparency, diversification, low-costs and tax efficiency.

10 Jun 2020
read time6 min
Portfolio constructionAidan Geysen

Why a 'total return' approach to investing is right for the COVID-19 era

A 'total-return' approach allows investors to separate the spending strategy that best suits their goals in retirement from their portfolio strategy.

21 Apr 2020
read time5 min
Portfolio construction

The urban legends of active share

Vanguard analysis finds that high-active-share funds on average don't outperform low-cost, low-active-share funds.

31 Jul 2019
Portfolio constructionAidan Geysen

The importance of cost in retirement

Retirement is complex, and in spite of the volumes of research on the topic, there are rarely simple answers to many questions for those moving into retirement.

01 Jul 2019
read time5 min
Portfolio construction

The case for low-cost index-fund investing

Low-cost indexing's popularity has swelled thanks to an increased scrutiny of costs among investors.

20 Jun 2019
Portfolio construction

Indexing still has plenty of room to grow

Indexing's dynamic growth has delivered a host of benefits for investors, and Vanguard CEO Tim Buckley explains why there is still room to grow.

18 Jun 2019
read time5 min
Portfolio constructionAidan Geysen

How much home country bias is too much?

If Australia's dream equities run comes to an end, investors may start to feel the pain, particularly when their standard of living in retirement is at stake.

06 Jun 2019
read time3 min
Portfolio construction

Commodities and short-term TIPS help combat unexpected inflation

Vanguard research explains how commodities and short-term TIPS can help limit inflation’s negative impact on a portfolio.

30 May 2019
read time1 min
Portfolio construction

Designing factor portfolios for your clients

Knowing how to deploy Vanguard global equity factor ETFs in a portfolio means knowing your clients' goals and understanding their appetite for risk.

15 May 2019
read time7 min

Hear directly from Vanguard leaders on topics you care about

Vanguard Voicesâ„¢

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Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263) 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.

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The PDS or Prospectus does not constitute an offer or invitation in any jurisdiction other than in Australia. Applications from outside Australia will not be accepted through the PDS. For the avoidance of doubt, these products are not intended to be sold to US Persons as defined under Regulation S of the US federal securities laws.

© 2021 Vanguard Investments Australia Ltd. All rights reserved.

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Important Legal Notice - Offer not to persons outside Australia. The PDS or Prospectus does not constitute an offer or invitation in any jurisdiction other than in Australia. Applications from outside Australia will not be accepted through the PDS. For the avoidance of doubt, these products are not intended to be sold to US Persons as defined under Regulation S of the US federal securities laws. ©2021 Vanguard Investments Australia Ltd. All rights reserved. Your use of this site signifies that you accept our:
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