Vanguard Group was founded by John Bogle in 1974, and its predecessor, Wellington Fund, was born as early as 1929. In a short period of time, the company has occupied a prominent position in the fund industry and is the second largest fund management company in the world. At the same time, Vanguard Group is the world's largest no-fee fund family, now managing more than 370 billion US dollars in assets around the world and providing services to more than 10 million investors

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