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Rating:Vanguard vs. The FT Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 03, 2013

Vanguard vs. The FT

News summary by MFWire's editors

Bill McNabb says you shouldn't believe everything you read in the Financial Times.

Yesterday the international business newspaper posted a Vanguard [profile] 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." 

Edited by: Neil Anderson, Managing Editor


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