Index Fund Investing
Chris Tobe stands as a prominent advocate for index fund investing, both nationally and globally, advocating for its widespread adoption, particularly within public pension plans. With a distinguished career in investment consulting and management, Chris has consistently championed the benefits of low-fee index funds across various investment vehicles.
Support for Index Funds:
- Chris Tobe has emerged as a leading proponent of index funds, advocating for their use in public pension plans to minimize fees and maximize returns for beneficiaries.
- Throughout his consulting career, both in defined contribution (DC) and defined benefit (DB) plans, Chris has advocated for the incorporation of low-fee index funds, emphasizing their cost-effectiveness and alignment with long-term investment objectives.
Experience with Index Mandates:
- Chris has extensive experience working with index mandates, including primarily S&P 500 index mandates, as well as customized and fixed-income indices.
- As a trustee and investment committee member of a public plan, Chris supported significant allocations to equity index funds, totaling $2.3 billion.
Management of Enhanced Index Products:
- During his tenure at AEGON, Chris managed a substantial $1 billion enhanced index annuity-based product for several large DB plans, demonstrating his proficiency in optimizing index-based investment strategies.
Contributions to Industry Knowledge:
- Chris has contributed significantly to the body of knowledge surrounding index fund investing, publishing articles on the topic, one of which is included in the curriculum for the Certified Investment Management Analyst (CIMA) designation.
- He has also delivered numerous conference presentations on indexing, engaging with industry luminaries such as Jack Bogle and other prominent figures in the index investing community.
Chris Tobe’s advocacy for index fund investing reflects his commitment to promoting sound investment practices that prioritize cost-effectiveness and long-term sustainability. Through his expertise, leadership, and contributions to industry knowledge, Chris continues to drive awareness and adoption of index funds as a cornerstone of prudent investment management.
Publications
- Guaranteed Enhanced Indexing – Its Simplicity and locked-in Alpha make it worth a look – Journal of Index’s 4th quarter 2003 Chris Tobe www.journalofindexes.com/
- Tracking Error- Assessing Index Fund Performance The Journal of Investment Consulting, Vol. 2, No. 1, Nov. 1999 Christopher Tobe http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=145158> (Reprinted in CIMA readings 2000)
- Mentioned as contributor to – Real World Index Annuity Returns by Dr.David Babbel
- https://mortachfinancial.com/wp-content/uploads/2017/11/Wharton-Study.pdf
Presentations
- INDEXING 101 INCLUDING MANAGER SELECTION, TRACKING ERROR, FEES, SECURITIES LENDING, FULL-REPLICATION AND OPTIMIZATION
- https://www.imn.org/PrinterFriendly/14th-Annual-Super-Bowl-Of-Indexing-Conference-2009/Sponsor_Information.html Super Bowl of Indexing December 2009 Phoenix
- Social Investing in Index Funds IMN- Frank Fabozzi’s Super Bowl of Indexing in December 99 Palm Springs
- Indexing Choices-Using Tracking Error as the Benchmark- Opal Institutional Capitol Investing Forum September 27, 1999 Washington DC
- Tracking Error in Index Funds IRR Bermuda April 99
- Tracking Error in Index Funds IMN- Frank Fabozzi’s Super Bowl of Indexing in December 98. Phoenix
- Client Service/Product Manager for $1 billion Enhanced Index Plan used by a dozen large DB plans such as. Exelon, Florida Power & Light, McDermott, & Federated Department Stores Director of Consultant Relations, educating consultants on stable value.
Now that you’ve gained insight into the benefits of index fund investment advice tailored to your needs, you might be interested in exploring specialty investment areas and services to further enhance your portfolio strategy.