Vanguard goes against the grain by shuttering alternatives fund
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The mega fund complex known for passive strategies is removing two active mutual funds from its lineup.
A bit of housekeeping at Vanguard has resulted in the demise of two actively managed mutual funds.
By midyear, the asset management firm's $97.6 million Alternative Strategies Investor (VASFX) will be liquidated, and the $1.2 billion Managed Allocation (VPGDX) will have been merged with the $18.9
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