�y��vlog

Ordinary stock market investors — you and me, that is, not the big pension funds and other institutions — have two main choices about where to put their money: actively managed mutual funds run by stock pickers claiming to know the magic incantations for finding the best stocks, or passively managed index funds that merely replicate the markets themselves.

The less liquid ordinary stock was up 9.3% and up 46.5% on the week in its best run since Volkswagen’s short squeeze in 2008.

Volkswagen’s ordinary stock in Germany, which unlike the preferential class of shares is tied to the ADRs, gained 15.5% in two sessions.

VW is proposing a dividend of 4.80 euros a share for ordinary stock, 90 cents more than for 2017.

Volkswagen issues two classes of stock: nonvoting preference shares and ordinary stock with voting rights attached.