In the Margins

Fee cuts lead to savings for Vanguard fund investors

March 29, 2017

By InvestmentNews

Investors saved $23 million last year as a result of Vanguard Group lowering expenses in 15 of its mutual funds. Vanguard said the lower expenses were the result of an incentive/penalty arrangement in place with its external investment advisory firms. Read the original story from InvestmentNews.