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Friday, February 25, 2011|
Vanguard Slashes Some Prices and Rebrands Some ETFs
Vanguard continues to tweak its offerings, most recently by cutting fees on seven index funds and re-branding four ETFs.
"The reductions are a function of the way Vanguard funds operate," the firm explained in a statement. "When funds experience greater efficiencies (either through asset growth, operating cost reductions, or a combination of both), the savings are delivered to the fund owners in the form of lower expenses."
Today the mutual fund giant revealed expense ratio dips for:
Meanwhile, four Vanguard ETFs just gained new names, mostly by adding in "MSCI". Vanguard Emerging Markets ETF is now Vanguard MSCI Emerging Markets ETF, Vanguard Europe Pacific ETF becomes Vanguard MSCI EAFE ETF, Vanguard Pacific ETF becomes Vanguard MSCI Pacific ETF, and Vanguard European ETF becomes Vanguard MSCI Europe ETF.
Printed from: MFWire.com/story.asp?s=36135
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