About us
May 22, 2025
Vanguard CEO Salim Ramji recently appeared on Bloomberg TV’s Wall Street Week as Vanguard marked its 50th anniversary. Among other topics, Ramji discussed recent volatility in the markets and how Vanguard clients reacted, our ongoing commitment to lowering fees—something we did yet again in February—and maintaining a sense of consistency around our purpose while extending the "Vanguard effect" into areas like fixed income, cash management, and advice. You can watch the 10-minute segment below.
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Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling.
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