This Date in Wells Fargo History Daily: This Date in History news feed. en-US Copyright 2015, Wells Fargo. All rights reserved. Wed, 01 Jul 2015 history 360 This Date in Wells Fargo History July 1, 1971. Wells Fargo Bank pioneered the index fund by investing pension trust funds from the Samsonite Corporation in a computer-selected portfolio of stocks designed to match the performance of NYSE. The innovative indexed model, designed to balance risk vs. return, performed as predicted, satisfied the client, and revolutionized the business of investment.

Wed, 01 Jul 2015