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[-] Bassman1805@lemmy.world 8 points 1 month ago

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.

[-] diabetic_porcupine@lemmy.world 1 points 1 month ago

The fund is a product

this post was submitted on 17 Jun 2026
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