Vice President Kamala Harris's Financial Disclosure Reveals Surprising Investment Strategy
Vice President Kamala Harris's financial disclosure reveals that she favors passive investment strategies such as index funds, indicating that she is not trying to profit from insider information. Her portfolio includes investments in 8 different funds as part of deferred compensation plans and pension plans. Her husband has over 30, mostly passive fund investments. They could potentially reduce overlapping exposures by consolidating some of their numerous funds. The portfolio provides foreign equity and fixed-income exposure, which benefits diversification.
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00:00It's Benzinga, and here's what's on the block.
00:02Vice President Kamala Harris's financial disclosure reveals that she favors passive
00:06investment strategies such as index funds, indicating that she is not trying to profit
00:11from insider information.
00:12Her portfolio includes investments in eight different funds as part of a deferred compensation
00:17plan and pension plans.
00:19Her husband has over 30 mostly passive fund investments.
00:22They could potentially reduce overlapping exposures by consolidating some of their numerous
00:27funds.
00:28Her portfolio provides foreign equity and fixed income exposure, which is beneficial
00:32for diversification.
00:33For all things money, visit Benzinga.com.