The asset manager says the move at 87 funds will save investors $350 million this year.
The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement from newly appointed CEO Salim Ramji.
Malvern-based Vanguard is pricing active funds cheaper as it competes with Schwab, Fidelity, and other mass-market money ...
The move reduces fees on 87 different funds, and 168 total share classes of those funds. The average fee cut is 20% per share ...
Valley Forge, Pennsylvania-based Vanguard slashed the expense ratio, or the cost of owning a mutual fund or exchange-traded ...
The president said the fund could be used to help keep TikTok operating. The asset manager says the move at 87 funds will save investors $350 million this year.
In the first major initiative in Chief Exeuctive Salim Ramji's six-month tenure, Vanguard Group slashed the fees on nearly half of its U.S. funds. By reducing the expense ratios by an average of 20% ...
The president said the fund could be used to help keep TikTok operating. The asset manager says the move at 87 funds will save investors $350 million this year.
Vanguard Investments just sent an early Valentine’s gift to its millions of investors. The investment management company has ...
Vanguard has announced the largest fee cut in its history, and the money manager says the move will save clients $350 million this year. Fees on 87 different funds were reduced an average of 20%; ...
The Vanguard Group on Monday slashed fees across nearly 90 mutual funds and ETFs, which the investment management giant ...
The asset manager said the largest price reduction in its history could save investors more than $350 million this year alone ...