this post was submitted on 17 Jun 2026
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Don't be mean. I promise to do my best to judge that fairly.

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The elusive shareholder (europe.pub)
submitted 2 weeks ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works
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[โ€“] Bassman1805@lemmy.world 7 points 2 weeks ago (1 children)

Well, you're a shareholder in that fund. The fund is a shareholder in the end companies.

In practice, this means Vanguard/Fidelity/Schwab/etc have people whose job it is to research and vote in shareholder meetings for the companies where the fund has significant ownership. That's a big part of what the fund's expense ratio is paying for.

[โ€“] diabetic_porcupine@lemmy.world 1 points 1 week ago

The fund is a product