FILE- In this May 20, 2008, file photo John Bogle listens during an interview at The Associated Press in New York. The surge in popularity for index funds is a product of their lower fees, better performance and the preaching of Bogle, the founder of Vanguard Group, which launched the first index mutual fund for individual investors in 1976. Bogle died Wednesday, Jan. 16, 2019, at 89 after pushing for years to keep costs down and widen access to index funds. (AP Photo/Mark Lennihan, File)
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