Investing Updates : Vanguard Cuts Fees on Dozens of ETFs, Mutual Funds

Source: https://www.etf.com/sections/news/vanguard-cuts-fees-dozens-etfs-mutual-funds?utm_source=yahoo-finance&utm_medium=rss&utm_campaign=yahoo-finance-rss

Apple Intelligence:

• Fee Reduction Impact: Vanguard’s fee cuts will save investors over $350 million in 2025.

• Fee Reduction Scope: The fee cuts apply to 168 mutual fund and ETF share classes, including both active and passive strategies.

• Fee Reduction Rationale: Lower costs enable investors to keep more of their returns, which compound over time.

• Fee Reduction Timing: May benefit bond investors as yields are expected to stabilize at higher levels.

• Performance of Vanguard Funds: 91% of active bond funds and ETFs outperformed their peer group average over the past decade.

• Expense Ratio Reduction Scope: Applies to U.S. equity, international equity, and money market funds, with immediate effect.

Opinion:

Good news for ETF lovers.

Hope more will follow suit to cut fees.