Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Vanguard Does It Again Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, February 28, 2014

Vanguard Does It Again

News summary by MFWire's editors

And the hits just keep on coming.

Vanguard has announced fee cuts on five ETFs, according to Tom Lydon at ETF Trends.

The cuts in question were:
  • the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO), down 3 bps to 15 basis points
  • the Vanguard FTSE All World ex-US Small-Cap ETF (NYSEArca: VSS), down 5 bps to 2 basis points
  • the Vanguard Global ex-U.S. Real Estate ETF (NYSEArca:VNQI), down 5 bps to 27 basis points
  • the Vanguard Total International Stock ETF (NYSEArca: VXUS), down 2 bps to 14 basis points
  • the Vanguard Total World Stock ETF (NYSEArca: VT), down one basis point to 18 bps.

    Lydon cites an interesting little tidbit from the company's statement on the fee cuts:

    In addition, Vanguard operates a ‘tight ship.’  We spend modest amounts on marketing relative to competitors, do not pay third parties to distribute our funds, and negotiate favorable fee arrangements with our external investment advisors and benchmark providers, all of which result in significant cost savings for our clients over the long term,” said Vanguard in the statement.

    Here's to tight ships in the mutual fund industry. 

    Edited by: Tommy Fernandez


    Stay ahead of the news ... Sign up for our email alerts now
    CLICK HERE

  • 0.0
     Do You Recommend This Story?



    GO TO: MFWire
    Return to Top
     News Archives
    2024: Q4Q3Q2Q1
    2023: Q4Q3Q2Q1
    2022: Q4Q3Q2Q1
    2021: Q4Q3Q2Q1
    2020: Q4Q3Q2Q1
    2019: Q4Q3Q2Q1
    2018: Q4Q3Q2Q1
    2017: Q4Q3Q2Q1
    2016: Q4Q3Q2Q1
    2015: Q4Q3Q2Q1
    2014: Q4Q3Q2Q1
    2013: Q4Q3Q2Q1
    2012: Q4Q3Q2Q1
    2011: Q4Q3Q2Q1
    2010: Q4Q3Q2Q1
    2009: Q4Q3Q2Q1
    2008: Q4Q3Q2Q1
    2007: Q4Q3Q2Q1
    2006: Q4Q3Q2Q1
    2005: Q4Q3Q2Q1
    2004: Q4Q3Q2Q1
    2003: Q4Q3Q2Q1
    2002: Q4Q3Q2Q1
     Subscribe via RSS:
    Raw XML
    Add to My Yahoo!
    follow us in feedly


    1. MFDF webinar - BDC Board Service 101, December 10
    2. WE Boston - Give Back Event, December 10
    3. IMEA Distribution Council webinar - Unlocking Your Competitive Edge: Driving Results Through Net Promoter Excellence, December 10
    4. WE New York - End of Year Celebration, December 11
    5. MFDF webinar - ETF Product Trends: Board Implications, December 11
    6. Nicsa webinar - The Virtues of Corporate Culture, December 11
    7. MFDF webinar - Visually Mapping Board Composition: Skills Matrices in Fund Board Rooms, December 18
    8. IMEA webinar - Driving Equity: The FARE Journey and Its Impact on Financial Services, December 19
    9. MFDF webinar - 2024 Fair Valuation Pricing Survey: Building and Strengthening the Valuation Operating Model, January 7, 2025
    10. MFDF webinar - 15(c) White Paper Webinar Series: Part 2 – Board Processes, January 9, 2025
    11. MFDF webinar - AI and Fund Compliance, January 21, 2025
    12. MFDF In Focus - In Focus: Small Boards' Use of Skills Matrices, January 22, 2025
    13. MFDF 2025 Directors' Institute, January 27 - 29, 2025
    14. FSI OneVoice 2025, January 27 - 29, 2025
    15. 2025 ICI Innovate, February 3 - 5, 2025
    16. MFDF Director Discussion Series - Open Forum, February 10, 2025
    17. MFDF Director Discussion Series - Open Forum, February 11, 2025
    18. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025
    19. MFDF Director Discussion Series - Open Forum, April 2, 2025
    20. Envestnet Elevate 2025, April 9 - 10, 2025
    21. MFDF Director Discussion Series - Open Forum, April 15, 2025
    22. The 36th Sub-Advised Funds Forum, April 29 - 30, 2025
    23. Morningstar Investment Conference 2025, June 25 - 26, 2025
    24. MFDF Director Discussion Series - Open Forum, July 9, 2025




    ©All rights reserved to InvestmentWires, Inc. 1997-2024
    14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
    Privacy Policy :: Terms of Use