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.
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 ...
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%; ...