Wednesday, May 30, 2012

Vanguard Cuts Fees On More Funds



Vanguard Group just dropped expense ratios on another 15 funds. Here’s the list. They’re mostly tweaks of a few basis points, but some are bigger — here according to Barrons are the biggest changes:

Vanguard Dividend Appreciation Index Fund (VDAIX) falls to 0.25% from 30%.
Vanguard Dividend Appreciation ETF (VIG) falls to 0.13% from 0.18%.
Vanguard Dividend Growth Fund (VDIGX) down to 0.31% from 0.34%
It’s also worth noting Vanguard raised the expense ratio of one product, the Vanguard Precious Metals Fund (VGPMX), to 0.29% from 0.27

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