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.

 

 

Most Read

Top of the Agenda - Governance
Q&A: Converting open-end funds to ETFs

Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...