says you shouldn't believe everything you read in the Financial Times
Yesterday the international business newspaper posted
] article from its Ignites subsidiary. Armed with a quote from Vanguard retail chief Nick Blake
, the article wonders if the low-cost mutual fund titan will launch a zero-expense ratio ETF.
Yet a Vanguard dismisses that speculation as nonsense. Company spokesman told
Brendan Conway of Barron's
that "Vanguard has no plans to offer a zero expense ETF."
Neil Anderson, Managing Editor
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