I like their approach. Indexes get diluted with overpriced trash like AOL, Yahoo, etc. and extended market indices pick up all kinds of scammy crapola.
Butt indexes are generally the way to go for most people and I use them also for portions of my financial assets, butt indexes have severe prollems if everybuddy uses them.
Because index funds are passive investors and cannot exert influence on management or the BOD.
So, I don't unnnerstan how Voya has AT&T butt doesn't have the remnants of the Baby Bells and Lucent-Alcatel-whatever?
Did it decide to keep post-split AT&T (which was at the time basically just longlines and overseas lines) and dump the RBOCs and Lucent right after the split-up? Or did they hold them for some period? Of course now they have AT&T Wireless I suppose - butt that's not the issue - the RBOCs and Lucent are.
I wonder what rules they follow to 'keep the portfolio at 0 percent turnover' with spinoffs?
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