Looking Under the Hood of Direct Indexing
August 03, 2023 at 17:59 PM EDT
Direct indexing is a separately managed account that attempts to replicate the performance of an index. But unlike an index fund, the investor owns shares of the underlying securities in a direct indexing portfolio. A direct indexing service like Vanguard Personalized Indexing lets advisors build customizable portfolios on their client’s behalf. Here’s how it works: [...] The post Looking Under the Hood of Direct Indexing appeared first on ETF Trends .