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I don't know how votes are counted, but will that make it impossible to make positive changes? Or if they are not part of the total count, allow a minority of
by rileymat2 7y ago
I don't know how votes are counted, but will that make it impossible to make positive changes?
Or if they are not part of the total count, allow a minority of shareholders to vote against the fund's interests?
- stanferder 7y ago> [W]ill that make it impossible to make positive changes? Yes, but that's consistent with the passive philosophy at the heart of index investing. I was surprised that index funds had an active interest in anything beyond reducing fees to customers.