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    Slashing the cost of investing for retirement savers.

    Index funds, which mirror the stock market’s performance at low cost, outperform the vast majority of funds run by high-priced stock pickers. Vanguard introduced the first such fund in 1976: Growth exploded four years ago as investors traumatized by the financial crisis began stampeding to index funds, overwhelmingly Vanguard’s, into which they now deposit over $100 million an hour. The “Vanguard effect” has forced competitors to cut their costs. The result: more comfortable retirements for millions of people.

    Company Information

    Impact Segment
    Economic Opportunity/Financial Inclusion
    Sector
    Financials
    Industry
    Diversified Financials
    CEO
    Bill McNabb
    Websitehttp://www.vanguard.com
    Employees-
    Company Type
    Private
    Revenues ($M) (Last Fiscal Year)-
    Profits ($M) (Last Fiscal Year)-
    Market Value ($M)-
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