Difference between revisions of "Timeline of index funds"

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| 1967 || || Qualidex Fund, Inc., a Florida Corporation, is chartered by Richard A. Beach.
 
| 1967 || || Qualidex Fund, Inc., a Florida Corporation, is chartered by Richard A. Beach.
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| 1972 || || The first index fund is created by Qualidex Fund, Inc.<ref name="The History of Index Funds & The Future of Diversifying Your Crypto Investments"/>
 
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| 1973 || || John McQuown and {{w|David G. Booth}} of {{w|Wells Fargo}}, and {{w|Rex Sinquefield}} of the {{w|American National Bank}} in Chicago, establish the first two Standard and Poor's Composite Index Funds.
 
| 1973 || || John McQuown and {{w|David G. Booth}} of {{w|Wells Fargo}}, and {{w|Rex Sinquefield}} of the {{w|American National Bank}} in Chicago, establish the first two Standard and Poor's Composite Index Funds.
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| 2008 || || {{w|Warren Buffett}} makes a bet that an S&P 500 index fund would beat a basket of actively managed hedge funds over 10 years. By the end of 2017, it would be clear Buffett won the bet.<ref name="Why Index Funds Should Be Every Investor's Best Friend">{{cite web |title=Why Index Funds Should Be Every Investor's Best Friend |url=https://moneywise.com/a/index-funds-every-investors-best-friend |website=moneywise.com |accessdate=15 April 2019}}</ref>
 
| 2008 || || {{w|Warren Buffett}} makes a bet that an S&P 500 index fund would beat a basket of actively managed hedge funds over 10 years. By the end of 2017, it would be clear Buffett won the bet.<ref name="Why Index Funds Should Be Every Investor's Best Friend">{{cite web |title=Why Index Funds Should Be Every Investor's Best Friend |url=https://moneywise.com/a/index-funds-every-investors-best-friend |website=moneywise.com |accessdate=15 April 2019}}</ref>
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| 2017 || || "Bitwise established the world’s first cryptocurrency-based index fund, called the Bitwise 10 Private Index fund, in 2017. The Bitwise approach was based on the cryptocurrencies in their Bitwise 10 Large Cap Crypto Index — a collection of the ten largest coins, weighted by their 5-year diluted market capitalization. The index included Bitcoin, Etherium, XRP, EOS, Litecoin, Bitcoin Cash, Steller, Dash, Monero, and Zcash. Unfortunately for retail investors, the index only accepted accredited investors and a minimum investment of $250K."<ref name="The History of Index Funds & The Future of Diversifying Your Crypto Investments"/>
 
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Revision as of 17:10, 15 April 2019

This is a timeline of FIXME.

Big picture

Time period Development summary More details

Full timeline

Year Event type Details
1960 The first theoretical model for an index fund is suggested by Edward Renshaw and Paul Feldstein, both students at the University of Chicago. While their idea for an "Unmanaged Investment Company" garners little support, it would start off a sequence of events in the 1960s that would lead to the creation of the first index fund in the next decade.[1][2]
1967 Qualidex Fund, Inc., a Florida Corporation, is chartered by Richard A. Beach.
1972 The first index fund is created by Qualidex Fund, Inc.[2]
1973 John McQuown and David G. Booth of Wells Fargo, and Rex Sinquefield of the American National Bank in Chicago, establish the first two Standard and Poor's Composite Index Funds.
1974 "John C. Bogle founded the Vanguard Group of Investment Companies in 1974".[2]
1974 The first multiclient index fund is probably launched by Batterymarch Financial Management.[3]
2008 Warren Buffett makes a bet that an S&P 500 index fund would beat a basket of actively managed hedge funds over 10 years. By the end of 2017, it would be clear Buffett won the bet.[4]
2017 "Bitwise established the world’s first cryptocurrency-based index fund, called the Bitwise 10 Private Index fund, in 2017. The Bitwise approach was based on the cryptocurrencies in their Bitwise 10 Large Cap Crypto Index — a collection of the ten largest coins, weighted by their 5-year diluted market capitalization. The index included Bitcoin, Etherium, XRP, EOS, Litecoin, Bitcoin Cash, Steller, Dash, Monero, and Zcash. Unfortunately for retail investors, the index only accepted accredited investors and a minimum investment of $250K."[2]

Meta information on the timeline

How the timeline was built

The initial version of the timeline was written by FIXME.

Funding information for this timeline is available.

Feedback and comments

Feedback for the timeline can be provided at the following places:

  • FIXME

What the timeline is still missing

Timeline update strategy

See also

External links

References

  1. Fox, Justin (2011). "Chapter 7: Jack Bogle takes on the performance cult (and wins)". The Myth of the Rational Market. USA: HarperCollins. pp. 111–112. ISBN 978-0-06-059903-4. 
  2. 2.0 2.1 2.2 2.3 "The History of Index Funds & The Future of Diversifying Your Crypto Investments". medium.com. Retrieved 16 April 2019. 
  3. Johnson, Bruce. The Hedge Fund Fraud Casebook. 
  4. "Why Index Funds Should Be Every Investor's Best Friend". moneywise.com. Retrieved 15 April 2019.