chinwhisker:

tar42:

Explain then why Vanguards only Balanced Index fund(VBINX), and ovbviously a fund that should represent the best offerings for a passive, moderate balanced fund done so poorly against a managed fund like Oakmark E/I.

Beyond the fact the S&P 500 has been the worst performing sector of the market recently...

Chin

Chin, it looks like the equities portion of VG Balanced targets TSM, not the S&P 500.

http://tinyurl.com/5oqc7o