In the Margins

Vanguard files for lowest fee ever

February 1, 2016

By Bloomberg

Vanguard Group has filed to create a new share class for some funds that would charge institutional investors as little as one cent for every $100 invested. The 0.01% annual fee, if approved by the Securities and Exchange Commission, would apply to the Vanguard Total Stock Market Index Fund, Vanguard Total Bond Market Index Fund and Vanguard S&P 500 Index Fund. Read the original story from Bloomberg.