Vanguard Chops Fees Across 87 Mutual Funds, ETFs | Global News Avenue

Vanguard Group reduced the cost of nearly 90 funds on Monday. The investment management giant claimed that it was the largest tax rate in its nearly 50 years of history.

Vanguard said it reduced the management fee of 168 stocks of 87 stocks Trading Trade Fund (ETF) and Common fundEssence The company is estimated to save $ 350 million for investors in 2025.

Vanguard’s actively managed fixed income fund and ETF now have a weighted average level Expense ratio The private company said that the average level of private companies was 0.10 %, while the industry average was 0.53 %. Vanguard added that the current weighted average fee ratio of the Bond Index Fund is 0.05 %, “less than half of our competitors’ average of 0.11 %.”

“We are honored to be able to reduce investment costs based on the inheritance of investment costs. The largest set of expenses is reduced. “” The lower cost enables investors to retain more returns and save it over time.