Vanguard Announces the Largest Fee Cut in Firm’s History
Vanguard announced Monday fee reductions on 168 share classes across 87 investment funds—in what the firm called its largest fee cut to date. The firm projects that the fee reductions are expected to save investors of all kinds more than $350 million this year alone.
Vanguard has lowered the expense ratio across 87 of its funds, bringing its average asset-weighted fee down to just 0.07% ...
Out of more than 2,000 moves reducing prices over nearly 50 years, the company says this round represents the largest in its ...
From the Philadelphia Business Journal. Vanguard Group CEO Salim Ramji has hired a former executive at its rival, Fidelity Investments, to head a new advice and wealth management division ...
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