Fuck Anheuser Busch & Target et al

The Fish Stinks from the Head

GO WOKE GO BROKE

Move your money out of the 3 Biggest Mutual Fund Companies in the U.S.

1. BlackRock Funds (iShares)

The New York City-based BlackRock, Inc., which carries the title iShares instead of BlackRock, released its first mutual funds in 1998 in conjunction with PNC Financial Services Group.

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The period between 1999 and 2009 saw enormous growth for BlackRock funds, in part because the company uses an elaborate risk-management theory of fund management. This laser-like focus on risk serves shareholders particularly well during economic downturns.

BlackRock was a leader in mortgage-backed securities (MBS) investments during the boom years of the housing bubble. Its iShares MBS Fund was released in 2007 with plenty of fanfare just months before the financial crisis started to unfold.

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Yet the iShares series was able to escape the crisis relatively unscathed.

Not only was BlackRock not bailed out by the U.S. government during the crisis, but the White House actually consulted it on how to keep the financial system functioning during the mid-crisis panic. As of December 2020, BlackRock has approximately $9 trillion in assets under management.

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1. Vanguard

If a random sampling of the population was polled about the name of the largest mutual fund company, the Vanguard Group would probably win in a landslide.

Vanguard is the most serious challenger to the iShares series by BlackRock. Its popularity is due to its wide selection of fund offerings, over 190 in the U.S., low costs and a strong track record of positive returns.

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The Vanguard Group manages approximately $7.2 trillion as of January 2021.

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1. Charles Schwab

Charles Schwab has been a trusted name in the financial services industry for almost five decades, with its primary fund offerings focusing on index funds.

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Its funds have gained popularity due to their low costs and no minimum investment amount. As of December 2020, Charles Schwab manages $6.7 trillion in assets, which includes TD Ameritrade assets.

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