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Vanguard: Billions invested in tobacco Vanguard is the largest mutual fund manager in the U.S., with nearly three trillion dollars managed across 91 stock and balanced portfolios

In 2023, the company supported flavor restrictions for vapes in the UK to limit undue youth appeal. The candy-like flavors and flashy packaging are just a continuation of the tobacco industrys long-running practice of targeting teenagers, says Dale Mantey, a professor at UTHealth Houston School of Public Health in Texas

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But there are also other costs to consider

An array of flavors, nicotine levels