Vanguard Ups the Ante in an ETF Race to Zero - News Summed Up

Vanguard Ups the Ante in an ETF Race to Zero


Vanguard Group is cutting management fees on 10 exchange-traded funds, the latest money manager to trim fees on a host of investment products. The ETFs, with combined assets of almost $175 billion, include funds that invest in international stocks and bonds. The biggest is the $62 billion Vanguard FTSE Emerging Markets ETF, which will cost $12 a year for every $10,000 invested. That is down from $14, making it cheaper than a competing ETF from BlackRock Inc.’s iShares Core lineup. In addition, 43 Vanguard mutual funds are...


Source: Wall Street Journal February 26, 2019 12:36 UTC



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